The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-10-12
BY TELEGRAPH.
Money. uonds aud stocks.

NV York, Oct. ll.-Moncy on call easy
at 3m2'ac, last loan at 2lsC. closed at
ll4c. Sterling exchange quiet and easier nj
NS3i. Tor sixty day bills and SlS1l Il for de-
mand Government bonds were dull aud
steady. State bonds were dull, steady TO
iifm.
The stock market today was intensely dull
aud with some animation In few leading
stocks only. though the tone Of the dealings
wns stronger, prices arc fractionally better
throughout the entire list There was n
cessation in the selling Tor Boston account
this morning aud the udyicos from that cen.
ter were much more rcaf-urng, which hnd
the effect NJ stopping the hammcring aud
short selling which had been INDUCED In Tor
The pls fcw days aud give the market dc
ratur,, however, are now holding OH for fur.
Their developments In different directions
and the market today was LETT almost en-.
tircly io the professional element whose en-.
dclyors to cover their contracts made
what little animation thcrc was This
WIS confined 20 an unusually small
number ut stocks while the general list re-.
manned dull aud unintcrcsting throughout,
though II rose In sympathy with the leaders.
showing that the influence NJ the bear party
In the market Is not ~ large as was supposed
IN some quarters, Atchison WIS again firm
aud on very limited transactions advanced
| over paints. New England followed aud
| the trading In the last named stock was
| larger than any NJ the r,si, but failed Ia make
the large aggregate of the past few DAYS. Il
was the only prominent feature Of the fore.
noon, hut later IN the day ST. Paul aud Lake
Shore commanded more attention and both
moved up, the latter especially displaying
marked strength. The low priced shares
were without feature u any Kind, but cotton
oil was again active aud strong London
was again a buyer, the increasing ease In
money NJ that center aud the failure of the
Bank NJ England Ia again advance its rate Of
discount, creating abctter feeling aud reports
from the west " proposed advances In rates
brought In more buyers In the afternoon
The opening figures were generally higher
this morning. advances extending a.
| z per cent, aud although they weakened
| Immediately the decline was shprt-liycd and
| prices wcrc soon above those NJ the opening
| The market presented almost no feature Of
| Interest beyond the activity aud strength in
/ the few leading shares, tho movements Ina
/ the Others being slight aud uf no special i'm.
/ pOriancc. The advance continued until
about o'clock pm, when the dullncss be-.
| came intense, aud all character disappeared
from the lit until the last hour when there
was renewal IT the upward movement with
| q little more animation The close was hull
but strong at about the highest prices of
the day. The active list is invariably higher.
nnd Atrhisun rosc z. percent, New England.
| ~ per cent; lake shop, - per cent, and
the rrsi fractional amounts
The railroad bond market was like the
sharc hst=dull, with the dealings largely
distributed, the only special animation be-
irg IN Richmond 4 West Point trust n.
which furnished $4,000 to the days total OF
| SS3DODO
Prices were steady to firm. and the final
changes ATE generally toward hirhcr H,fur,t
The total snlUs 1T siuUks during the day
amounted 90 10, no shaWs. Closing quota
/ tons.