The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-09-18
BY TELEGRAPH.


Nrw NoEE, Sept l7.-Moncy on call Easy
AZ 'smi per cent, last loan at per cent,
closing offered At I per cent Prime mcr.
camille paper 5'adi4 Per cent Sterling
exchange quiet but steady at NstA for
sixty day bills aud AssH for demand
Government bonds were duh but firm.
State bonds wcrc dull aud steady.
The stock market wasi fcyrrish and un-
settled todny, with a generally firm tone,
aud IL was active and dull Ia spots being
generally strong on the dullncss and weak
when active. There was an improved feel
ing on the street this morning aud London
was free buyer of It, spccialties, which
gave the list n good send %, though the OPP.
catiuus u the bears resulted In bringing the
quotations down below the opening figures
| during most IT the day. After the tint de.
mnnd was satisfied, the bears made a deter.
mined attack upon Missouri Pacific, which
WIS accompanied hy story that the company
/ intended Ia increase It, capital stock
by some tGUOn,uiO This was tel.
/ cgmphcd from the west, from
| which point some other II the information
wcry received The story was denied, but
had o. influence IN bringing down the
price IT the stock nearly per cent The
| granger were also very weak nt times, but
| they surrcylrd in recovering handsomely.
aud all 1T Them finished the Jay fractions IN
advance NJ their saturday quotations 81
| Paul. oi course, attracted most attention.
| the trading iu " being very heavy, aud the
publication 81 Mr Armuurs letter In de
frus, ot himself aud the property had an h.
luourc Tor r1ui Northwestern was uu
usually well held throughout ON a very large
business After the attack upon Missouri
| Pacific the bear turned their attention 4,
the ,aal which held down a point aud half
but the rest vt the list remained compam
| lively strong The afternoon was pfuri
pnlly taken up To- Tie covering ut shorts au,
| the market while only fairly active nt an,
time, slowly advanced. and ~ material iui
pr1ycmrnt over the lowest figures was thl
RESULT The opening figures were from &,
~ per cent higher Than Saturdays clos
ing figures as a rule, though they wen
not well maintained ~ the bear
succeeded in getting the let OF
irum .WA paints in The early trading. an,
in the case II Missouri Pacific IA. IN
weakness was ~ short duration. however
NJ the great demand Tor stuyks soon had th
lsi up from the lowest prices frim tn ri
, pet cent with the gmnsprs in the lead ia
| upward movement was checked by the nj
tack upOn Missouri Pacific, aud most ui IN
gains ui the morning were wiped out, aft
, | which the market became CumpnMtiypl
! dull, though There wIHa Grm tone. withou
, any movement ui importance until the M,
/, | hour, When q more decided advance VII
made, the market finally closing quip
:. though firm tn strong, ~ irregular chang,
4 Tor the day. The FINAL changes show m
. iofity ut advances, though they were gri
orally for fractional amounts only, the 81
ccption being Peoria Decatur 4 Evansville
; which " up per cent
b The railroad bond market WIS again du
today, the total sales reaching only N7AUO
Y The total snlcs oi stocks today wCrC llGy
; shares. Closing quotations
y uONus