Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-12-16
FINANCE AND TRADE.
FINANCE.

/
Exchange on New York buying at dis
count, selling at par. Eastern cotton bills
| buving per cent. discount, selling al par;
and exchange on New Orleans discount
buying, and par selling.
Bank stocks-Bank Of Commerce, l35;
First National, 102@110; German National,
200(9210; Manhattan, 160(9170; State Ma
| tioDal, l22C9125; Union and Pisnters. l213.
Railroad stocks-Mississippi and Teanes-
see, 60(g65; Mobile and Ohio, 27(928; Mem
phis aud Charleston first mortgage bonds,
Il, 1129ll6; do. second mortgage bonds, 7s
(1S85), 1026oI08; do. consols, 1I2; Memphis
aod Little Rock FIRST mortsag bonds, s.,
local 10; Mississippi and Tennessee consols,
A, IVA; do. 3, 1100113.
Mlscellaneous-Merchs Storage aud
Compress Company, nominally higher, l35;
Memphis Gas stock, $1,000; do, bonds, go
100; Memphis Water Company, bonds with
accrued interest, par; stock, 120; Memphis
city bonds, old, 80; compromise bonds, So;
coupons from old bonds, 80; from eompro-
mise bonds, go; ledger balances, %; iudg-
ments on coupons and bonds, 80; paving in
debtedBess, 2o, Shelby county (Memp his and
Ohio railroad) IS, 50; warrants, S(9lOO bid
none on the market; Mississippi levee bonds
and coupons, District No. ], 11@l24; do.
scrip, 12(9122; Bank OF Tennessee notes,
ne issue, 35945; Critlenden county (Ark.)
warrants, 20; do. Deshs county, 81; do. Mis-
sissippi county, 80.
PARIS, December 15.-Rentes, 79f. soc.
NEW ORLEANS, December 15.-Sight eI-
change on New York par. Sterling eK-
change-bankers' bills, 4794
NEW YORK, December I5.-Money 4(35
per cent, cT05ed 5IT4 per ceur. rrfme mFr
camille paper, 6@S per cent. Sterling ex-
change-bankers' bills firm, 4S03; demand,
1851. Government bonds firm. Railroad
bonds sctive and strong. State securities
active; Tennessee compromise advanced TO
40, aud 6s, mixed, to 424. The stock market
strong at the opening, and prices higher
than at the close Thursday. During the
morning hours aud early sfterooon there
were some huctus tions. Alter 2 o'clock the
market became very active, and Ihsre was an
advance in every thing on the let, activity
increasing toward he close, which was buoy
ant. The prominent features OF activity in
the last hour were Pacific Mail, which cold
successfully at 4439454. Erie 395@4Oi,
Canada Southern 7O5(971s, Michigan Cen
trail 1921 @102s, Union Pacific l03s;9104ss !,
Delaware, Lackawanna and Western 1S1 3Ca
1872, Northern Pacific preferred S4sfGS63
Aside from these special features the market
was strong, and the highest prices of the day
were made at the close for all stocks. the Post
says: at is a fact settled beyond dispute
that the Omaha Company has passed into
the control OIL the NortnWeetern, out all state
ments of how this.tranafer of control is to be
completed, whether by lease or considera-
lion, and all statements OF what off cers are
TO resign and what new ones to take their
places, are premature. There has been moth
ing done as to any of these details yet; even
the question as to how the control is to be
transferred to the Northwestern, whether by
lease or consideration, will not be decided for
some weeks. The Omaha Company holds a
meeting, at which some OF the preliminary
work toward these ends may be accomplished.
Nor hwesteIn. as a company, has taken no
action yet. The deal in Pacific Mail pro-
crosses among few prominent individuals,
who are each largely interested, but the pub
tic outside of these few is not trading in
that stock largely. Its intimated, however,
that complete change in ownership, control
and connections OF Pacific Nail is one of the
probabilities OF the near future" The adj.
vance in Union Pacific yesterday and to-day
was due to the covering of Shorts" Closing
quotations: