The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-08-09
BY TELEGRAPH.
Money, u,ond, aud stocks.

| INV \ oak, Aug r. Money on call easy nj
/ lmiis per cent Prime mercantile paper,
I laWGis per cent. Sterling exchange dull
/ but steady nj Sis5 for sixty day bills aud
| SiS7ii for demand.
Government bonds.-.Stndy aud dull
/ State bonds were entirely neglected
The stock market today was quiet and
somewhat fcycrsh aud weak In the fore
noon, hut became active aud decidedly
strong later In the day When all the early
losses were rcgnincd with fractions IN addi-
ton. The hullish feeling on the street was
undimlnishcd this morning aud liberal buy
ing orders from the other side stimulated
the hopeful sentiment. The traders aud
sold ont bulls were again working for re-
action aud the market was hammered during
the greater portion ot the day, the result
being that w IN ~ o'clock the majority Of
the list was irnctionnlly lower while the ci-
forts Of the opposing forces la the
market kept the dealings unsettled
aud fcycrish. During the early pur.
ton Of the afternoon, however, there
WIS an influx Of purchasing orders
/ aud the operators Tor a decline retired beaten
/ aud began 10 buy. This made uu active aud
nj time, huoyunt market, and NJ times quo
| tatiuns were checked only with the close IT
| business. In the forenoon the Vanderbilt
| stocks werc specially prominent being very
/ strong In the face oi the weakness displayed
! Wy the remainder of the list, aud G., e., &. a
| !. scored an extreme gain 81 = per cent, n
| portion ut which, however was lost later in
the dny. The other Nnudrrbilts we're com,
pamtiycly quiet but all displayed a strong
fruut lu the afternoon the advance was hc.
gun by Gould stocks, Missouri Pacific being
specially strong, while Western Union lrd
In the transactions aud advanced sharply.
The other Gould stocks were also all active
aud prominent In the advance, and rrNa,
Pacific notably ~, the story being that
the Boston pool, which has lately been
successful ~ lifting New England.
was bulliLg the stock The Erangcr-
were comparatively quiet pending the new
complications with the State authorities oi
Iowa aud Nebraska. Among the sprrinltic-
Pullman was again remarkable Tor the nd.
vancrs made. The opening was active nnd
! about steady. though the tone II the deal.
ings soon hcramv weak, aud prices shaded
| of with the coal stocks In the lead Spells
oi dullncss marked the trading. and the
( market became quite fcyCrish. hut the Van.
| dcrbilts were exceptions to the rule being
decidedly strong, aud before noon G., G., G.
a had gained per cent, There was lcs.
| animation after ~ o'clock Tor some time hat
the market showed more strength aud th,
rest Of the list aud everything moved up ou
an Increased business. The lyancc Cuntin.
ucl without interruption until the close ol
business, aud Union Pacific aud Reading be-.
came murC prominent iu the last hour and
jersey t,ntml alsu DEVELOPED grrit strength
aud recovered all " the carly morning loss
The close WIS active and strong. NJ about ~,
best prices ~ the day Outside II Pullman.
which gained ~ Der cent, all the import
ant advances were Ia the NnndyrHlis and
Gould stocks and e., g.. &. a l. tusc -.
Missouri Pacific I =, nud Western Union !
Per cent, the gains iu the remainder being
Tor irtctiunnl amounts only.
Railroad bonds WCfr once more active 10.
dny, the total sales oi all issues reaching
t2V0Wn While number IT issues wrrr
prominent IN the Trading. Atlantic 4 Pa
ciiic incomes contributed tlnl,uD Texas Ia.
cihc first, t2i1,u0, Texas ra,ihc SECONDS
tl2NUn AMI Eric seconds SiGi,WO IN th,
full amount The total sale, u stocks Ia.
day were ~, as shares. Closing quota.
| lUusl