The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-04-02
dIsCRLLANEOU6.


Am. Cot. Oil trusts. 25 bid, -. asked
Mem. City Ry. bonds. =. bid, ... asked
New YORK, April /. Money on
call easy at II Hasa per cent. Prime mer-
camille paper, 4G5. Sterling ex-
change 1851 for 60 days, and 1881 for
demand.
Bonds Government bonds were
dull and FIRM. State bonds were dull
and steady. Railroad bonds were in
moderate demand. Sales, $1,569,000.
Prices were generally higher.
Stocks-The stock market continues
quiet and irregular. The feature of
to-day's operations was the further
advance IN the Transcontinental
stocks, due at first to buying by in
side parties who had early informa-
ton of the fact that a meeting of the
representatives of the Transcontinental
companies was to be held in this city
to-day. Later in the day it became
known that a meeting was in progress,
but the result OF the meeting was not
known before the close Of the board.
However. Union Pacific, which open
ed at 4Si, rose during the forenoon to
49,; after midday there was break
to 4Ss, and another rallyto 49(, finally
closing at 40. Pacific Mail shows an
advance Of L. Union Pacific was the
most active stock on the list South
ern Pacific sold at the highest price
that it has reached since it was listed,
39}, and closed with an advance of II.
On the other hand the coal stocks
were only steady, Lackawanna max
ing a net gain of I am Delaware and
Hudson is ! lower. New Jersey Cen
trail developed a considerable amount
of strength and closed 1 higher. The
impression is becoming prevalent that
the Pennsylvania railroad will not be
aparty to the combination to control
the output of coal for the current
year. The Vanderbilts held their own,
but were dull and otherwise feature
less. Evansville and Terre Haute adj
vanced q, Peoria, Decatur and Evans
vile were also very strong, selling "a
high as "a and closing J lower, with a
net advance of ]. The Changers
showed some weakness, and st. Paul
is down !. In the final dealings the
market showed very decided feverish-
ness and irregularity for the most
active stocks and closed feverish and
irregular.
The total sales of stocks to-day were
297, $50 shares, including: Delaware,
Lackawanna and Western, 44,l45 /;
Erie, 1865; Lake Shore, 29,410; Louis
vile and Nashville, $40; Northwest
ern, l0,495; New York Central, 1924;
Pacific Mail, 1880; Peoria, Decatur
and Evansville, 1850; Reading, 69O6 !;
st. Paul, 1880; Union Pacific, "A, 2S3 /;
Western Union, l,2l5; Northern Pa
cifc preferred, 5799; Oregon and
TranseontiRental, 7430. Closing QUO
tations:
GOVERNMENTS.
gu. S. Sc. lsl. New Is. 1851.
New AS, lRx. Pacific &c Of 1895, 1271<
BONDS.
C.P, frsts, ll49<. TIP. land grants, 80.
Erie seconds, l02lI. i. p. Rio g.. div, Sc.
Le'h & Wilkes, III. U. P. frsts, ll61S.
Louisiana cons, IS, u. = land grant, I031I
Missouri Sc, l0l. u. 2. :. fund, ll7H.
St. Joseph. l2o. Virginia 6s, a.
eSt.P. 4 S. ,hrsts, l2S. Va. con-, ex-m; G. IS.
Tenn. Sc, old, 81. Va. con. def, ~.
Tenn. 6s, new, 81.
STOCKS.
Adams Express, I45. Nashville & c., 45IS.
Alleghsny Cen, N. J. Central, 49,.
Alton 4 7. H., 81 Nor. a W., pfd, 2s9s
A. h. T. II pfd ,93H. Northern Pac., 2iH;
American BX.. los. Northern P.,ptd, 56H.
Canada Pae., Ss5S. MY. c. &st L.,p.,i5'