Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-12-29

same week last year,. 667.950 50 I229O9 IS
Exchange on New York buying at / dis
count, selling at par. Eastern cotton bills
buying per cent. discouni, selling at par;
ana exchange on New Orleans discount
buying, and par selling.
Bank stocks-Bank of Commerce. I35:
First National, l029110; German National,
ZOOC92l0; Manhattan, 160@170; State Ma
Ional, l22(9125; Uuion and Planters, 1274.
RaLlrosd stocks-Mississippi and TeRnes-
see, 6O(965; Mobile and Ohio, 27G28: Mem
phls and Charleston first mortgage bonds,
Is, l129116; do. second mortgage bonds, 7s
(Ioo9l, lO2C9lOS; do. cousols, 1l2; Memphis
and Little Rock fret mortgage bonds, 81,
local 10; Mississippi and Tennessee consoIs,
A, IVA; do. B, 11O0lI3.
Observation-Disclosures Storage and
compress Company, Domiually higher, 1876;
Memphis Gas stock, 75(9S0; do, bonds, 97(9
100; Memphis Water Company, bonds with
accrued interest, par; stock, 100; Memphis
city bonds, old, so; compromise bonds, IS;
coupons from old bonds, 30; from compro-
mise bonds, so; ledger balances, %; judg-
ments on coupons and bonds 80; paving in
debtedRess, 20; Shelby county Mem phis and
Ohio railroad) &c, SO; warrants, 98l9100 bid
none on the market; Mississippi levee bonds
and coupons, District No. ], II9I21; do
scrip, 12@124; Bank OF Tennessee notes,
new issue, 35(945; Crittenden counly (Ark.)
-
slssippi county, so.
PARIS, December 28.-Rentes, T9f. 15c.
NEW ORLEANS, December 2S.--Sight ex-
change on New York par. Sterling ex-
chaDge-baukers' bills. 480.
LONDON, December 28.-Cousols. 100 Is
10 1ccouut, ron new oyrxt-u-se,sy feSs s-4.,-
1929; Pennsylvania Central, 6I3; New York
Central, SGT; Reading, 27s.
NEW YORK, December 28.-Money 3G9
per cent, closed per cent. offered Prime
mercantile paper, 6C1S per cent. Sterling
exchange-bankers' bills steady, 1901; de-
maud, 4S44. Government bonds generally
firm. Railroad bonds active but Irregular.
Stale securities dull; weak for Teunessees.
The net result Of the forenoon's businefs up
70 1880 o'clock on the Stock Exchange was,
aside FROM drop in Burlington and Quincy,
decline OF TO per cent, the latter on
Northwestern. Fluctuations during the
time from the opening until 1870 O'Clock
were in brief as follows: First, decline of
! TO i per cent. up to 1870 o'clock; from
III At time until ii o'clock there was an adj
vance of TO per cent; from that time I'M
I'll 1880 o'clock a decline of ! TO 8
per cent, the latter on Burlington
and Qdiucy, from lbs TO 122. The
net result of business from 1890 O'Clock to
2:3O o'clock was general advance of B(914
per cent. over prices at 1880 o'clock, the
greatest advance being in Illinois Central TO
l4l4. Burlington and Quincy al first re-
acted from the depression of the forenoon
from 122 to 1881. and then advanced 10 1929
oy 2 O'Clock. In the last hour of business
the market was dull and strong, though the
net result OF the day was a decline Of 4G924
per cent. on the general list; greatest decline
being in Burlington and Q1incy. The most
active stocks in the last hour were Western
Union, Union Pacific, Delaware, Lackaw2n-
IA and Western, D-nyer and Northwestern,
all OF which were strong, especially Western
Union, which advanced just before the close
TO 82s. The $26,000,000 increase in the
stock and bonded indie btedness OF Chi
cago, Burlington and Quincy, the an
nouncemeDt of which was the cause
OF drop of per cent. ia that stock, is no
new matter, but was announced over year
ago, though it did not make its appearance
in the official account of the stock and bond
Indebtedness OF the company until the pres-
ent annual report. The $26, 100000 is com
posed mainly of 81, $4,000 of 4 per cent.
bonds and 81 ,S95, 900 of stock of the Repub-
lican Valley Railroad Company, which were
this year absorbed in Chicago, Burlington
sent them. Beside this there are SO, 100000
of Chicago, Burlington and Quincy 8 per
cent. bonds 10 be refunded into lower rate of
interest bonds, issued as part OF The SIG, 000,-
600. This leaves IL ,0O00 900 Of the increase
OF stock and bonds 10 be represented by &C.
QUESTION OF the Burlington and Southwest
ern and the various other branches, such as
one from Rock Falls Including a bridge
over Rock river) &c connect that branch in
Illinois with the st. Louis line. Closing
uuotatious: