The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-12-25
BY TELEGRAPH.
Money. Bonds aud stocks.

INV YogK. Dec 2L-Moncy on call was
easy nj 3d5 per cent Last loan g. closed,
offered ut T. Prime mercantile paper $40
o.. Stcrling exchange quiet but steady at
Aali for siXty-day bills, and SISSY for
demand
Government bonds were fairly active and
firm. State bonds were duh and steady.
The stock market today gave further signs
of broadening and commission people had
more buying Orders than nj any time during
the continuance of the present rise, while
the selling was principally from traders
taken profits, the short operations being re-
duccl almost e. q minimum. There was n
steady aud healthy rise throughout the en-
tire day. no boom being apparent hut the
bidding was IT tie best character while the
feeling was uf unusual hunyancy and the inn
pruycmcnt IN we'll as the business tone was
remarkably well distributed The coal
stocks and the Gmngcr., n, usu Of late.
were the leaders, both in point of activity
aud strength, but they mnnopolizcd less at
tcntiun than they have for the pl't two weeks
andthc trading iu the usually iuurtiyclist was
specially heavy, while the NUM- CT 1t shares
traded Ia was larger than ON ANY day Tor a
long time. The coal stocks started oil with
o boom. and their prices were rapidly rushed
up from tu %, Per cent, but other stocks
soon came loo for share of the improvement
aud the Gmnr'rL Missouri. aud even the
trunk line, became prominent for the adj
NunCrs made. There was very good bu.i-
ness iu Erie and Lake Shore and they were
both strong throughout the day. Northern
raciHc hcrnmo active toward noon. when
] the Gould s,nyksulsn shlwcd more animation
! than usual aud uil WtU IN puul demand.
The bear were quiet today aud did little cN-
ccpt covering lcw shorts. bat That kind OF
operations were not factor in the course Of
prices. and tho bulls had things almost en-.
Ia. l..
prices were from IN "a per cent above
those 1T saturday evening aud thc market
became very active Immediately, while the
| up ward movement became very pronounced,
| especially in the coal stocks under the lead
81 lnckawaunn. There was a slight ull la
| the market. bat toward noon the activity
! and strength IWiin appeared, md Missouri
| lnr.Nc aud the Northern Pacific took the
| lead aud hy ~ o'clu,k prices were from
| tn , per cent. above those NJ the opening.
| los animation was noticed in thr afternoon,
| mud no gains were mudc except in lnCku-
| wanna aud Erie, which then became 'umi-
/ ncnt but toward O'Clock the general list
aguiu moved forward and IN the last hour
another general advance took place, In which
the highest figures Of the day were reached
| In most of the list The m lrkct
closed active and strong at the best
prices Tho advances were large aud
very uniform, Northwestern rising %,
Atchisun aud burlington Ter cent, each.
81 Paul AID New England. I rs Lake Shore.
| omaha aud san Francisco preferred I a zach.
tlrknwuunn. -. Missouri Pacific. y y. ncl
aware a Hudson. Northern Pacific preferred,
and Pacific Mail 4. each. Louisville a Nash.
willie and Western luiuu, - each. T. ir aud
urguu lmusruutiuruul. each. an Road.
INK Chicago Gus and Union Pacific ! pci
cent each Tor the hf.t time iu many
weeks the huoynncy aud animation ~
the share list was communicated a. the
d,aliur. in railroad bonds. aud q very de-
cidri character WINS shown hy the market
prices r,,,, 900 around and the sales IT nll
i.,uc. pa,bcd tlWIuri ipr tie day. Will,
thr Recalling i.sur. bDDimr Prominent fora
tiyty. aud the nrt Incomes contributed
SiE1un and the seconds sii, uup a. the grand
total The total sale, of stocks to-day wcr,
Jllg shares.
Closing quotations