The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-04-06
Western Union AZ, 5S

N, Ls&W pfd, 81 Western Union, 5s's
Min 4 81 Louis pa nh "@e'is Il 49,
LONDON, April ., p, 1p-Consols, new,
2N per cent, closed az 100 o-l6 for money
aud 100 ll-l0 for the account Hereafter the
new ~ per cent. consols Tor money and the
account will be quoted III place OF the per
cents Bar silver AZ il-I8dfper ounce. Tho
bullion in the Bank ofIRngland decreased
II, 063,3lo during the patt week; The pro
portion Of the Bank Of England reserve to
liability is now 5000 pereeni
PARIS April 5.-Threey per cent: rentes
Slf S5c for the account. The weekly state
ment Of the Bank OF Frdhce shows de-
crease Of 10000 francs, geld and Toooo
francs silver. I"t
BANK cLEARlNGs,
NEW ORLEANS, La, Apnl5.-Clearings, 81
sos, l49 q"
ST. LorIs. No, April 5.-Clearings, 81, $685.
$50, balances, $330725.
Nrw YoRK, April 5.--Clearings, $ll4,673-
sol: balances, ~, ~, ola.
BALTIMORE, Md, April 5.-Clearings, 81
2O3, ls7; balances, S2ss63S.
PHLApriPmA, Pa, April 5.-Cl Z rings,
go, 327, i0s balances, 81, is9,9tl.
CmcAGO, ILL.,, April 5.-rhc resumption OF
business ON the railroads has caused better
81, $4,000.
Grain ana Prov isions.
CHIcAGo H., April 5.--Whilc the trading
In wheat was at no time very large today
there was rather nervous feeling among the
shorts which increased a. the session adj
vanccd. All the reports that came IN from
the winter wheat country were very bullish.
The burden Of their song was that large
part Of their sowing would bc plOwcd up and
the ground seeded with oats. Operators
showed correspondence with a great many Of
theircustomers covering practically all OF the
wheat territory in southern Illinois. which
showed that the crop would be extremely
light This was fair sample Of the news
received. The market opened at the lowest
Figures Of the day T69Sc for May, and adj
yanccd TO &c under good buying by the
seal ping crowd aud few OF the large shorts.
Az the top some Of the sellers turned buyers.
This IN measure ullayed the fears If the
smaller shorts and led ton reaction Of 1sdhc
on the afternoon board, leaving the iina
price 1jHc
Corn dragged along for some time during
| the morning, but when wheat commenced 10
go up aud u was announced that receipts for
tomorrow would he 81 carr, there was gem
cral scramble to buy. MAY corn, which had
sold NJ low ~ 81 &c, advanced 10 j2lsc. The
! New York market was strong, which caused
additional uneasiness among the shorts.
| There was no heavy Individual trading,
though all classes OF traders who were short
did little buying. There was no reaction
IN corn aud the market closed steady at III
highest point OF the day, 52jsc
There was a fairly active speculative trade
in oats, and the market was strong and
| higher late in the session, although the
opening vas weak In sympathy with corn.
May oats opened nj 30skc, sold early at So !
Cr3Jsac, advanced 10 aud closed at Sic.
In provisions speculation was compara-
lively slow. The improvement in railroad
affairs, however. brought cash buyers to the
front For meats particularly the demand
for immediate delivery was unusually good
and the amount properly taken was larger
than ON any day for weeks. No radical
change occurred In prices Pork was 2iSGt
5c higher, aud short ribs. that much lower
than last nights closing, Lard was quotably
unchanged.
The leading futures ranged as follows;