The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-11-01
BY TELEGRAPH.
MONEY. IlonIs and stocks

NFw NORg, OF 3l.-Muncy on call easy
nt 2m1s per cent; last loan ? per cent,
closed offered at . per cent Prime mcr-
camille paper i1iM7 per cent. Sterling
exchange quiet aud steady at 81 for sixty
day bills aud SL7is Tor demand.
Government bonds were dull and steady.
State bonds were entirely neglected.
The stock market tD,lnv was dull with n
steadily decreasing volume uf business, but
while steady a. strong In the forenoon be.
came generally heavier later In the DAY.
though most NJ the list are slightly higher
this evening There was NO pressure against
the list this morning, aud London was a
buyer NJ the spccinltius dealt la between the
two markets, which gave the market "a firm
CRADLE covering uf shorts and in the limited
dealings aided IN thc advance then in prog.
ryS-. These purchases Wyrc suun satisfied.
however and with Intense dullucss came
more confidence to the bears aud further
short lines were put out with the
ELECT ~ wipiuT out the great majority
q the early advances. though iirnicr tone
nltcrwari prevailed aud some Of the gains
were saved. The general list made but
smull fluctuations during the day, aud the
widest movements were In the southern
stuCks which were helped hy thc stories
ui'uut IN regard to the acquisition of the At
luntic coast line aud the good showing Of
some Ut thgm IN the matter of earning. aud
some ui the spUCiultivs such us Pullman.
which made one Ut be- upward jumps today.
New England was active hut ~ there was
liquidation b. Boston. the movements of the
stock were made within narrow limits aud
IT, final change insignificant Missouri Pa
ciiiC was again strong aud many rumurs OF
nn agreement between that company and
the AtChsuu were circulated with Cunsid.
cradle I,ut There was some animation Ia
| Union Pacific but thcru seemed Ia hp NO in.
trrrst IN ~ iriu'aCiions, and u was traded
in over "a range 81 only half uf | puf
cent Tor the day. Cotton oil was act.
i've and strong once more, aud reached
its highest price Tor some weeks, though d
portion ~ the improvement WIS lost The
Opening prices NJ compared with last night
| hrurvs showed advances extending to =.
| pcr cent, aud, while the market Wa quiet
further advances were sUorcd all over a.,
/ list, although the movement was fcycrsi
nni uncertain. intense dullncss became ti,
/ principal feature ct the afternoon, though
Missouri "a, 'hr. Pullman and cotton wen
strong points The best prices were reached
| toward o'clock pun, after which The lsi
showed n saFglur tendency aud New Eng
| land considerable weakness The volume
1T business steadily decreased and the mar
kgt finally closed dull aud steady I'd close Ia
the opening figures The general majority
~ the active list il higher this evening
| though iOr fractional amounts only cNceul
| Pullman, which usr 20, East Tennessee
| preferred L aud Richmond a Wet Point
IA
The railroad bond market vns quiet, with
| we'll distributed business TODAY and grnriall,
/ irm a. strong tone, most ui thu issues traded
/ in being lmgtlunllly hirlc, this evening
/ The sales Woro " 500 go The total sales vi
stocks to-day were iSA, iuj shares. CLOSING
| quotations.