Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-01-18

CANT "SSA last SeaI.----. 4lOiUo4 o. bstSSS 81
Exchange on New York buying at / dis
count, selling at par. Eastern cotton bills
buying per cent. discount, selling at par;
and exchange on New Orleans / discount
buying, and par selling.
Bank stocks-Bsnk OF Commerce, 1856;
First National, 1O2@1lO; Germs n National,
2OO@2l0; Manhattan, l6O@17O; State Ma
tional, 1229125; Union and Planters, 1871.
Railroad stocks-Mississippi aud Tennes-
see, 6o@65; Mobile and Ohio, 27@2S; Mem
phis and Charleston first mortgage bonds, 7s,
1l29l16; do. second mortgage bonds, 7s
QSS5), 10291OS; do. consols, liz; Memphis
and Little Rock first mortgage bonds, IS, 100
Clio; Mississippi and Tennessee console, A,
ia; do. B, 11O@11S.
Observation-Disclosures Storage and
Compress Company, loo; Memphis Gas
stock, $1,000; do. bonds, $4,000; Memphis
Water Company, bonds with accrued inter-
est, par; stock, 120; Memphis city bonds,
old, 80; compromise bonds, 5S; eospons from
old bonds, 80; from compromise bonds, so;
ledger balances, %; judgments on coupons
and bonds, 30; paving Indebtedness, %;
Shelby county (Memphis and Ohio railrosdj
g., SO; warrants, 98@100 bid-none on the
market; Mississippi levee bonds and coupons,
District No. l, ll@l23; do. scrip, 12(9I2l
Bank Of Tennessee notes, new issue, 35(945;
Criitenden county Ark warrants, 20; do.
Desha county, 81; do. Mississippi county, so.
PARIS, January 17.-Rentes, 79f 174c.
LONDON, Janusry I7.-New So extended.
1863; Al, 1854; Illinois Central, 5O1; New
York Central, 3l3; Erie, 41a; Reading, go.
NEW ORLEANS, January Insight ex-
change on New York, Sl(91 so per $1,000
premium. Sterling exchsnge-bznkers' ster-
log 1924.
NEW YORK, January l7.-Money closed
at 3614 per cent. Prime mercantile paper, 81
@64 per cent. Sterling exchange-baukers'.
bills strong, 1921; demand 1861. Government
bonds irregular, but in the main weak
Railroad bonds sctiye and strong. State
securities neglected. The result OF to-day's
business on the Stock Exchange indicates a
complete change in the temper of the mar
ket az compared with week ago. This
has been the largest days business this year,
and on this increasing volume of business
prices have steadily advanced for every
stock on the active list, the average advance
being 10 per cent. The mos. active stocks
in The last hour were the Coal shares, North
ern Psci6cs. Texas Pacific, Wabash, Western
Union, ST. Paul, AMI Louisville and Nash
vile. In final dealings the market was
strong at the highest prices Of the day, aud
at higher figures than at any time since the
middle of December. II was currently re-
ported this forenoon that negotiations were
pending for an agreement by which the Chi
cago, Burlington and Q lincy and the Wabash
shall have the joint use Of the Hannibal and
St. Joseph. The Post says: "We have res-
sons 10 believe such negotiations are in pro-
gress, and that there Is some prospect of their
successful conclusion" The Post has the
following: "We have information on good
authority Of some important sales in Denver
being made on foreign account; at the same
time there is scattering buying of other
stocks for foreign account. We have good
reasons for believing that there is no propo.
sition to release the New Jersey Central to
the Lshigh Valley or any other road, and
| that there are no negotiations pending in re.
gard 10 any new coal rates, or any closer re-
lalions OF importance between the New Jer.
sey Central and any other road" Closing
| quotations were as follows: