The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-02-06

NV YORK, February 5-Money on
call ea-y st l4G2 per cent. Prime
merce tile paper, 8 per cent, Sler-
ling exchange dull bat stCa ly at 4S7
for 90 days and 4s9 for demand.
Bonds Government bonds were duh
and firm. State bonds we're neglected.
There was Il good business in railroad
bonds, with moderate activity in Erie
second consols, East Tennessee Issues,
South Carolina incomes, and some of
the Texas Pacific Issues, and we'll
distributed business in the rem ainder
of the list Prices are generally higher,
but the gains in most cases are On y
fractional. Among the exceptions $ /.
Paul firsts, goo bonds, show an ed
vance of q and the Iowa and Dakota
division Is 2 per cent,
Slocks-Tbe stock market was
generally very strong at the opening,
first prices showing gains rangir &
from / TO over per cent, tle latter in
I'm GA Pac fi;. During the fist hour
there wac continued strength aud de-
cided activity IN the dealings, during
which advances OF fractions TO over
per caI t. were made. The highest
prices Of the day were made about IL
O'clock, ana after midday there was a
very decided decrease in the amount
If business doing. Prices moved
irregularly in narrow range until late
10 the day, when there wa decline
of / to per cent. This was checked
Just before tle close and slight adj
yances were made in many cases, the
market finellg closing only mo lerately
sctive a1d firm. The same stocks
that have been active for some time
past monOpolized large per cent of
the days business, La 3kawanna Lead
ing with 8 800 s1ares. Speculation
hinges 10 very large extent upon the
pIooabil ties of an early sett ement t
the railrcai and anthracite coal
troubles. la the afternoon decline
the coal stocks were conspicuous
for their losses, Lsckawanna selling
from 1911 down TO 129 and
closing with a net loss OF /, while Del
aware and Hudson is / higher at the
lowest price of the day. Reading suf-
fered most, closing with a decline OF
Il. Tue weakness in this stock Is st
tributed to the reports that the Penn
sylvania railroad will secure control
OF the company. Except a decline of
in Oregon Navigation every thing on
the active list is higher, the advances
ranging from small fractions to 4, the
latter Canada Southern and Omaha,
both of which are nearest the highest
quotations of the dav. There was uu-
usual activity in Erie, which vloted
with a gain of l, The other gref 3st
advances were Northwestern (, West
ern Union Z Lake Shore, New York
Central, Pacific Mail and Union Pa
ciic each 1.
The total sales of stocks to day were
1925 shares, intending Canada
Southern, 600; Delaware, Lacka-
want a and Western, SO, 1894; Delaware
aud Hudson, 10,05S; Erie, 1890;
Kansas and Texas, $500; Lake Shore,
50,3lS; Louisville and Nashville,
1925; Northwestern. %, sos; New Jer-
sey Central, $500; New York Central,
9S41; Pacific Mail, $3.50; Reading,
5000, st. Paul, 40 ,435; st. Panl and
Omaha, 1912; UnIonPacific, 1920;
Western Union 2951; Northern Pa
cific preferred, 14,707 Oregon Trans
continental, SO. Closing quotations;
GOVERNMENT.
US. 80, 1907. New Is, l2l3S.
New IISs, ii25S. Pacific Is Of i695, l261s.
BONDS.
0.P. srsts, 1llE. 7. land gTa9ts,4llt.
Ls'h 4 Wilkes.,l67. y. P, irsts, ll55s.
Louisiana cons, IS. Upland g. No..