Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1885-11-18
By Telegraph.

NEW YORK, November I7.-Money ., cali
to 1 per cent. late in the day and closed at 81 D.. r
cent. Prime mercantile paper Book per CEN.
a Er5e aSgmt hchanse fairly active at aS2H for 60 Gays
Bonds-Soyernment bonds dull and steady.
State bonds fairly active and firm. The railway
with a i4rge demand from investors, especially
LOT the Jetter class of securities that have not yet
sales to-day were sI,52O,OO0. The Erie second
eonsols were comparatively quiet. the transac-
Tons s~9anting to only s57iOOO: There was
issues, tho sales exceeding 81 600, 600, at a gain OF
=. The Denver and Rio Grapde Issues advanced
per cent. each. Northern Pacific seconds have
made a slow hut steady advance each day since
they were | stsd, and to-day advanced II per
cent. Oregon Transcontinental skies gained IX
per cent Kentucky Cen raj tours rose 4 per cent.
louisville and Nashville. New Or cans and Mo-
bi e seconds, Ia. Chicago, st. Louis and Pitts
burg frsts are up 2 per cent.
st css-TheIe was little abatement this fore
noon in the great activity which has been one of
the prominent features of the stock market for
sIme time past. After midday il become some
that quiet At times The total, reported sale to-
head the lis with H., $40 shares. Northern Pa
ciie preferred and Oregon Transcontinenta c n
tributed l04,iOI shares. There was a good bust
ness in Western Union, Nor hwestern, Missouri,
Kansas AID Texas, and they were closely FLOWED
by Northern Pacific common. A large business
i being done for European account. and the
Lond n quotations afe esgerly watched. THIS
morning. London prices were strong, and the
New York market open. d with a gain of u TO q
per cent, with exceptional advaf ces for greater
anu Is Although there were frequent small
reactions the course Of prices throushout most of
the day was Inward; almoste everything on the
list is "a aterially higher than last evenipg G, the
net gain hanging. from to nearly 8 per
of 4 per cent. For weeks past Chicago has been
be most prolific source of news for Wall street.
Regarding s.. Paul. private dispatches from that
81 y, FROM the recognized head of the st z : nj
yOol, assert that the value of the p operty is
greater than the prices NV ruling Neverthe ess,
amount of the 81: Paul pool stock has been dis
posed of at a profit, and the wonder is that wi h
the enormous trading in il the decline has been
So small The stock to-day due uatc' between
1915 and g72s. and closed with a net advance off,,
fsrred st OK were exerci.ed. Northwestern was
very strong, accompanied by a good deal of
built, talk, Including a retoTt hat the earn
would sh?w an iPer9ase of si2i 'Oo1; 1t closed
rumors of an adverse report by the
edetal Railroad commissioner, Union Pacific
advanced to 622s and closed 4 lower, with a net
and Michigan Central each ~. Louisville and
Nashville rs. Missouri Pacific and Omaha COM
mon Ia, Manhattan Consolidated 1A,and Oregon
Trtnscontinental "a per cent. There was COM
paratiyely an active business in the Wabash
fe9rsS d. anu Se so cent Denver and Rio era Gran nSde P soiJ
up to 2i1a, a gain over the last previous sale of 5h
per cent. Among the active st eks the Northern
closed with = gain of2x for the common and "a
for the preferred. 1t is currently reported that
this stock is being bought largely Tor European
The total sales of stocks to-day were 62l ,96.
| shares, including Canada Southern, $500; Dela-
ware, Lackawanna and Western, Il, 1916; Denver
| and Rio Grandr, tbs; Erie, 1855; Kansas and
Texas, S0,l!5; Lake shore, l4.779; louisville and
| Nashville, ll,l75; Lake Erie and Western, 1850
Northwestern, 3l,65O; New Jersey Central, 1850
New York Central, 1900; Northern Pacific, 2S,.
Paul, IL, SSs; St Paul and Omaha, IL 900; Texas
Pa, ifc, 1S,725; Union Pacific, 12,5O0; Wabash
PaciGc preferred, 5O.27O; Oreson Transconti-
mental, 5i,l2S. Closing quotations.;