The daily dispatch. [volume] (Richmond [Va.]) 1850-1884, 1881-04-07
WALL STREET YESTERDAY.

NEW YORK, April 6.-The POSTS financial ari-
Gle says: At The stock Exchange Iulttd rates
ponds are firm and unchanged. Railroad bonds are
iTrccuar. The hnai pa>sale OF The rounding oil
10y the Tennessee Legislature has not only advanced
ire old bonds of that state but has started IN active
speculation ia the bonds OF other southern states.
The theory being tnat he example of Tennessee,
which illustrates ina, all question OF roads aside,
honesty Is the best policy, VIII be followed by other
states whose credit has also betn dragging In the
DIRT for years. Tennessee bonds have further ad.
vanced to-day rs follows: Tue 6's, Old. 10 ~ from
20, NE Price as we we WRITE Oeang ~ e.
new series. 10 735 from 20. Virginia 6's, de-
erred. are m 70 ia from 20. and the 6's old TO
36l, from 32: \, rlh tarOnns g issued 10 Chah m
RAILROAD. are no TO "a from the 6's. new To %.
from 2OA: and Inc special-laN bonds from 81 09A
south Carolina s. non. funuable are mp 10 ~ from
81: Arkansas Is Little Rock ralrUad). TO l54
from Io1s. and those l. sued 70 Central railroad to
81 from 0, and PLAN rs TO IN from lJs. The
rise here recorded ~ many on purchases ny STOCK
~ cuiators. who think The present. when tht
rrgu ar stock ancies are dull an OppOrl une time
for a "turnm ia these state stocks: ana The
movement Is therefore likely 20 suhside - soon
rs these SPECTATORS sell out, unless some of iht
Staes named move towards an arrangement WIN
their respective creditors. The share speculation
TO day Is very tame. and the stock market has been
alternately strong ana neaSy Win tne net result OF
the fluctuations thus far O-day slightly higher
prices. The quotation for call loans to-day 10 oG
Il uer cent. on stocks and iG5 per cent. In United
States bonds. lime loans are 4do per cent, ahd
prime mercantile PAGER jG6 per cent. The posted
rates tor prime banker, sterling are ASH and asa
The actual rates are 4s0s@4SOA and 4SZaN4s3
cab IS are 4s3sd4 s34 Prime commercial bills
are 479d479a. AT the actual rates which warrant
gold imports the market Is fully steady.
the fomowing Quotations were current to-day at
$50 Z. NJ:
Western onion, 1867: Western Union new
stock, SOY; New York Central, 145io; LAKE
shore, l3U,3; Michigan Central. ll2A; New YORK
Lake Erie and Western, AN; New York. Lake
Erie aud Western second, 1923; delaware, Lacka'
wanna aud Western. l2lls; New Jersey Central
lOC4: Delaware ard Hudso II, III: Reading, 63s
Northwestern, 1885,; 81 Paul, lllf; Wabash AMI
Pacific. Az; Wabash and Pacific preferred,
s9%: UuIoG Pacific ll9is; NJ, X. and T., 46S
Hannibal and -. Joseph. 5S&: Hannibal ard
II. Joseph preferred, 1903; 81. Louis and
Iron Mountain. 65s; Ohio and Mississippi, 43H;
Pacific Mail, 55&; c., {. ana l. G.. 2f4; Northern
Pacific common, 43ds; Northern PAcihc preferred'
73: san Francisco common, 4la; San Francisco
preferred. 62@6 Central Pacific. 81; Rock lsaud.
1861; Chesapeake aud ONO, 25s Louisville and
Nashville, 9lA; Nashville and Chattanooga. ~;
ontario and Western, 364; Manhattan Elevated,
3s5: Illinois Central, 1917; Canadian southern
81: Chicago, Burlington and Quincy, l64t; Dem
yer aud Rio Grande, l07ls: ~. Paul AMI Omaha
pref, rred. 3d.; Chicago, ~. Lonls aud New Or
leans, 74A; Col. Coal. 56b: Ohio Central, 3lS;
texas Pacific, j6f; Texas Pacific l.. G., sf..
BALTIMORE.
BALTIMORE, April 6.-Virginia 81, old. 80
deferred 20; cousols, S2S; second series. Boa
new IO.4O'-. 50i; l0-40s, coupon, 95l. Bld To-