The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-10-31
BY TELEGRAPH.
Money, Bonds ana stocks

NEW YoRK Ott 30.-Money on call easy
at 2ma2A per cent last loan per cent,
closed offered ut per cent Prime mcr.
camille paper 5A@7 per cent Sterling
exchange dull but firm at $4Si for sixty day
| bills aud $tS7 = for demand.
Government bonds were dull and steady.
State bonds were entirely neglected.
The stock market was fairly nctiye today,
! though the greatest animation was in the
| forenoon, aud IL was fcycrsh and irregular
with general downward tendency IN the
| forenoon, but full recovery later In the
| dny, most stocks this evening being small
/ fractions better than last night The bears
were still In full control this morning. aud
| New England, Union Pacific and Reading
were the special points Of attack; but while
| the rest Of the list sympathizcd with the
weakness shown IN these stocks, the changes
| IN quotati NJ for most Of the stocks traded
/ in were for insignificant fractions only.
| There was nothing new IN New England. but
| there wis considerable selling from Boston,
and the stocks Of that center were again weak,
aud Union Pacific, llurlingtOn& Quincy, and
New Englnnds yielded from l Ia ~ per
cent The southern stocks were somewhat
! unsettled by rumors Of designations In the
| X edmond A West Point and Richmond a
! Dnnyillc boards, aud Terminal preferred lost
about a point, but aitcrwarl moved up
ngnin. The strong spot In the list was Mis-
souri, Pacific. which was started up by ru-
murS that MIR Gould Ind obtained control Of
/ Atchison, the other Gould shares following
| aud, though the rumor was nuthoritatiycy
denied, they retained their advance. Louis
/ willie a Nashville was also firm to strong
throughout the day, aud, while there was no
marked movement In the stock nj any time
/ u II materially higher this evening, The at
tack upon Reading aud the otles coal stocks
was made upon the expectation that the
rulds would come In contact Will. the inter
state commerce commission, though the Inn
preston made upon them was of little Inn
I,oriancc. fint prices were generally slight
fractions higher this morning, but the NJ.
| tacks upon New England, Union Pacific aud
| kcading were begun immediately, and on "a
| large business prices rcccdcd various
! amounts, extending 90 little over q
point IL remained quito fcycrsh during the
forenoon, however. being active ON tho
| declines aud firmCr when tho animation
| ceased while the bears forced prices Oh
small fractions further The pressure was
removed after - o'clock, and while the
/ market driftcd into dullncss material rtcOy.
| cries were established all over the list, aud
ns the afternoon wore along the upward
movement gathered force, while the activity
| Increased There WIS no special feature ~
| interest however. and the market finally
| closed quiet, hut steady Ia firm generally at
about the best prices reached. which were
| close a. the opening figures. The active list
I l. almost invariably small fractions above
| last evenings figures, while Missouri Pacific
rose {. per cent aud Louisville a Nashville
| pcr cent The railroad bond market W. :
somewhat more active though the general
list showed no improvement Ia that respect
over the past few days. The Reading issues
were once more thc special features. aud the
seconds furnished saiT.UoO and the fist
$4,000 O. the days total II sl,Opl,UO0
They were weak In early trading but rccoy.
erred later and closcd nj prices MT mcaicrial
| ~ different from those II last evening.
The total sales Of stocks today wcrc 80, 7S'
| shares Closing quotations.