The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-11-08
BY TELEGRAPH.
Nouey, uona. sua stocks,

INV YoRK Nov. Mooney ON call easy
at 2 to ~ per cent loan, % per cent,
closed offering nt ~ per cent Prime mcr-
camille paper iAWba per cent Sterling
exchange dull but steady NJ SI.sIli for sixty
day bills aud sis73, for demand.
Government bonds were dull and steady.
State bonds were entirely neglected.
The stock market today opened with q
boom, and In the first hall hour nearly one.
third uf the entire business of the day was
transacted, but dizziness followed after prices
had been brought back 10 about the level oi
last Mondays figures, and there was very
little movement or feature IN the dealings.
The prices from London this morning were
from I Ia ~ pcr cent higher than our FIX
urc- OF Monday, aud this market responded
with like advance, with London heavy
buyer here though there was consider.
able liquidation of long accounts upon
the rise, aud the traders and bean sold
| the list freely. This checked the boom i'm.
mcdinicly mud prices quickly went back To
| the level Of last Mondays figures, when
both forces In the market took rest, and
comparative dullncss, with no movement Of
importance, was noticed throughout the ~.
malndcr of the day. The coal stocks and
the Southern stocks suffered most from the
pressure brought against the list, aud lacka.
wanna was specially prominent Ia the de.
clincs aud was moro active than usual of
late. On the other hand the Nnndcrhilts
and Pacific Mail were quite strung and the
/ Gould stocks, which Ncv very prominent az
/ the opening rapidly lost their advantage.
The market during the early excitement was
| highly icycfi,h. but this disappeared bcforr
| the end oi the lint hour aud the list moved
n near NJ possible Ia unison. The activity
nt the opening was quite unusual. aud the
advance over Mondays figures were very
marked, extending Ia ~, per cent In Mis-.
souri, Pacific while New York Central and
| New England were up ! per cent. each.
/ Prices, however, retired rapidly after the
/ opening. aud Atchisou lost Z. per cent and
| Missouri Pacific 1, while the general list was
stopped " small fractions above the figures
of Monday. There va. some recovery be.
! fore noon. hut the lIst became positively
dull, and except In few special Instances,
! such on Milwaukee, lake shore aud Wet
/ crn. which rlsr over per cent?, there was
no feature, nnd the fluctuations were con.
! fined ~ the narrOWVst limits. There was y
! little more animation toward the clu.c, but
the market finally closed dull and firm.
| generally nt small fractions below the prices
VI the opening. but hnctlOunlly higher Tor
the day. The active let u almost invariably
higher though the gains arc Tor fractional
amounts only. the largest being Ia Pacific
| Mail, = prr cent
The nilrnd bond market wa nrain dull.
hut remained ilrm throughout the day. the
! majority OF the issitUs traded In showing
fractional gains, while the declines were few
and unimpnriant The sales Of OH issues
were only sn,S, upo ~ which the Atlantic &
Pacific a. which was the only issue showing
any special animation. furnished 1.UDO.
Louisville 4 Nashville Cccilian branch rusc
| 2lloiO1iG
The total sales Of stocks today were no, oOi
shares. Closing quotations