The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-04-27


LOUSY 4 Albany, "a United statcsExpress, IA
Memphis Il Charlest5l Wabash ST l. * L, ll14
M,ehissn Central, SoH WstLEPpidi? 20 90.
Nil, lisa - Wells & Fargo EXP, l35
NJ, Ls& W pid, 50 Western Union ia,
Min y Louis, W American Cot Oh 1OB
Min d 81 Louis pfd 15i%
LONDON, April 20, 4p. m.-Consols closed
at993sd for both money, aud the account
The amount Of bullion withdrawn from the
Bank OF England on balance today was
$1,000 The bullion in the Bank of Eng
land has decreased 1885, 600 during the past
week. The proportion Of the Bank OF Eng
land reserve TO liabilityois now 1854 per
cent.
PARIS, April 26.-Three per cent, rentes,
81 IL }9c FOR the account. 1.-The weekly state-
mcnt of the Bank of France shows an in
crease of 4,00o,0OOf gold, and l,275,OOof sill
YER.
BANK cLEARrNGs.
CmcAeo, Ill, April 26.-Clcarings, S.
0i5, COO
New York, April 26.-Clearings, Si0i, 700,
5SS; balances, $5,750453.
ST. LOUIS, Mo. April 20. --Cearings, 81
$50, 1866 balances, $523,15s.
BALrINoRE, Nd, April 2G-Clcaring7, ST.
13j,5Si balances, 1904, S65.
BosroY, Mass, April 20.--Clearings Sl3,-
2l3,33S balances, II, S26, 20j.
PHILADELPHIA, Pa, April Chickering's,
SlOOls67T balances, Si,l09,3j0.
Grain ana Provisions.
CHICAGO, ILL.,, April 20..--Thcrc was fair
activity and good interest at the opening oil
business on change today. In the wheat
and corn pit transactions were largely in the
way OF changes from May over into the
other options and the indications were
placed on the June option. Prices opened
higher for grains aud lower for provisions.
In the wheat pit the operators who are
looked 10 for either break or bulge were
not doing much. While the changing trades
for May over into the other futures had a
Weakening tendency, and there were reports
Of light rains in some western States, yet the
controlling influence In the market appeared
10 be the damage already done Ia crops and
the general drouth prevailing, which every
day tends 10 injurc crops. Experts claim
that u sudden change to warm days without
rain would put an end 30 oil idea of even
half n crop In many STATES The Cincinnati
Price Current now estimates the percentage
In Ohio at 6j, Illinois and Michigan ut GC
aud Indiana at 20. The market for most OF
the session did not get beyond lsc advance
from last nights closing prices. The pri-
mary receipts were too large, DOB 600 bushels,
and the export Clearances too small, y, OOC
bushels, at New York.
In the pit trade was very largely local and
OF n scalping nature. May opened ut sO5sc,
sold 10 Slac, reacted aud closed at Sic,
June opened ut SIC, sold at Size and mp "a
S2isc; reacted 10 SIZE and closed OF S3lsc.
The situation in corn was quite interesting
today, and is likely 10 become more 50 rs
the trade approaches May let. The stock OF
contract corn i'm store hero Is small, and
when an attempt Is made TO purchase for
May there Is little for sale. Receipts were
fair at DO cars, with 23s cars promised for
Friday. Although the opening prices were
identical with last night there was an up
ward tendency during most Of the session
MAY opened ut Ajc. sold al 5ibc and b1S6l
55lsc, closing at 5jA.c. June sold at 5i%@
j5llc, closing at ji3sc
There was sharp little bulge In oats
The dry weather started some buying and
this demand with buying by shorts and also
hv the large holders advanced May from
81tsc to 33c. Part of the advance was lost
however, May closing at 32l9c and June a
32lc.
Provisions were slow and weaker owing
To good receipts OF hogs here and at western
points and reductions IN prices. There wa
no outside buying orders for product, and
transactions were confined TO local traders
who cvinced moro disposition To transfer
old contracts from near 90 distant deliveries
than making new trades. Prices were con
fined 10 q narrow range. but the average wa
lower. NAV pork sold ut Si3.OONi3.72I
and closed nj Sl3GD. MAY lard sold q
s7.0Ob7.Oj aud closed AZ NRH. Short rib
were quiet at sLl097.15 for May and close
at $7i6.
The leading futures RANGED as follows
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