Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1885-06-25

= EW YORK, June 24.-Money on call easy
at / per cent. Prime mercantile paper
495. Foreign exchange dull but steady
at 4S5 for sixty days, and 486 for demand.
Bonds-Goyernmen bonds are dull but
strong. The As and the coupon AZ per
cents. are up !, and the IS recovered their
morning loss. State bonds are quiet and
quotations steady. The railEsy bond mar
ket continues active, the total sales to-day
being 3 So, 900, nearly one-half OF which
1885, 00l consisted of transactions in
West Shore firsts, while the sales of Erie
second consols were S223,000, leaving
little less than 81 10000 to be divided
among the rest Of the bonds dealt in.
Prices this evening are irregular.
Ssocks-AfteT the decided break in yes
terday's stock market, unusual interest was
felt this morning in the course OF prices,
but nothing important occurred until late
this afternoon. First prices were rather
hear. and during the afternoon, on slight
INDICATIONS. there was decline ranging
from ! to l pes cent, Jersey Central being
fhe exception, by showing unusual
strength in resisting the general downward
movement The lowest prices yeTe made
soon after noon. and the market thea Pc
came steady to strong, but without any
material increase Of business until ff-er
O'Clock. What at ffst was only slight
advance, developed during the last hour
in c general forward movement the al
vances at that time amounting to, IN some
cases, as much as i per cent, end to
per cent. for the entire list. The rally Ess
accompanied also by increased activity.
The low prices at which il is reported sales
OF coal have been made during the cur
rent week had a depressing effect upon
IackaWanna, which sold down over per
cent from last evenings closing prices,
and failed to recover more than the early
Ioesaa, and closed finally with loss of
per cent With the exception Of two or three
inactive stocks, it is the only one which
shows decline. The grangers developed
decided strength during the last hour, ST.
Paul showing at the close gain OF 2 per
cent. and North western It. Lake Shore is
also no ! and New York Central ]. West
ern Union gained z Union Pacific l and
Louisville and Nashville Z. The story that
Chicago, Burlington and Quincy mad Sc
cured control Of Manitoba has been revived
again, and it is also said that member Of
the board has been heavily short Of the
stock, and it is intimated that a corner
may be contemplated. Whatever may
haga been the cause, Manitoba opened
this incoming D per cent. higher, at 063,
and rose GurinT the day to 10l, closing
with a gain OF per Sspt., at 99b. Chicago,
( Burlington and Quincy Is up ! and Rock
Island II. The total sales were 2e5,300
shares, the most active stocks being st.
Paul and Lsckawanna. The Gales Of no
other stock equs.ed 10000 shares. The
| Governing Committee o. the Stock Tx
change this afternoon admitted to the list
the following securities: 81, 100000 OF tho
| general mortgage ! )nds of the Cleve-
| land, Columbus, CinciEn3ti and In
! dianspolis Railway Company; New
York Central and Hudson River
| debentuIes OF 1904, amounting to $780,
| 600; Baltimore and Ohio Railroad Com
pany's SIC, 0O0, 600 5 per cent. gold bonds
Of 1il25, recently issued; Fort Worth and
Denver City Railroad Company's stock TO
the amount of $500 shares of 500 each ;
I Ohio and Mississippi IilwaY Company in
general mortgage per cent. bonds,
| amounting 70 IS, 2l6, 600; Pittshure, Nc
Keesport and Youghiogheny stock, $500, :
/ 600, and irst mortgage 8 per cent. bonds
/ of 1892, 9. go, GOO, and 'sodus Bay and
Southern Rplroad Company 100000
/ first mortgage 3 per GENT. gold bonds OF
| 1924 The total sales on stocks to-day
were 2O5, SlS shares, including Delaware,
! I.ackawanna aud Western, 36,0i0i Lake
Shore, 5000; Louisville and Aashvill, 49,
| 1876; North western, 1850; New Jersey
! Central 12,110; New York Central, H.
| zoo; St. Paul, 49, AGO; Union Pacific, l2,-
$50. Closing quotations: