The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-01-03

Lake Erie q West, i6s6 Tenn Coal 4 Iron, 3o7s
J. Eric x West pfd, 81 Texas Pacific, 22h
Lake Shore. iy31z 1ol& o Cen pfd, 10
Louisville & Nash, SIN Union Pacific 6ls
Lyille a Albany, 81 UHExpress, "a
Memphis Charl, 81 Wabash, 81 L & pac, l2H
Michigan Central, sG1f eY, 81 L 4 Pac pid 2414
SHtS3T2d, % % Wei: P' HSl9 9apEs;'' 100
Min Il 81 l., Am Cotton Oil, 52B
Min & st pid, II Richmond W Pt 2iH
LONDON, Jan. q, p.m.-The amount OF
bullion Withdrawn from the Bank OF Eng
land on balance today is GG7, 600. Bar silver,
42L.d per ounce. Consols closed at ~ Lied
for money aud 0SlSd forthe account United
States bonds, AIS, ll0Xd The rate OF dis.
count in the open market for three months
bills, '3H@3% per cent
PARIS Jan. 2.--Three per cent. rontcs, S2f
SOC for the account.
BANK cLEARISGs.
NEW York, Jan. 2.-Cloarings, 500 553,-
i03; balances, SS,Gj7,0s3
BosToN, Mass, Jan, 2-Clearings, $40, 776,-
6G1, balances, y, 233, isi.
PHILADELPHIA, Pa, Jan. 2.-Clcarings,
1890, 6o5 balances, S2,2i76l0
BALTIMORE. sd, Jan. 2.--Clearings, 81
1S9, 10S; balances, $4,000.
CnIcAGo, H., Jan. 2.-Clearings, $llOS0,-
600.
l2G balances, S5io,S5o.
Grain and royisions
CHICAGO, Jan. 2.-Thcrc was a surprise in
store for operators IN wheat In this market,
and II came In the way of sharp decline.
instead Of the advance they had calculated
upon. The opening was strong, and 190Ac
higher than closing figures OF Monday, in.
hucnccd possibly by the light deliveries Of
January contracts and a decrease of LOO, .
600 bushels in the quantity on passage, but
soon after the opening the speculative Oiicr-
ings became quito heavy, and steady
shrinkagc in prices followed, which CON
tinucd until decline of 2'sc was cstab.
lishcd, when the market tenn ourily rallied
Sc again became weak, declining TO the in
side range Of the day aud closing about 21c
lower than Monday The receipts were
light, and export clcaranccs again
small. In fact there was nothing new
from outside FONTS to cause any
spc, hi change in the market, and the de-
| cline of today was credited principally TO
the selling Of n prominent local trader This
party for several days past had been large
| buyer, and, therc'o ore. n support 10 the mar
| ket, aud his adverse action today naturally
had doubly depressing effect At the de-
| cline, or inside prices, there was good buy
| ing, sufficient To prevent further decline.
This buying was supposed 10 be mainly
nglinsl sales made early in the day
| Corn ruled rather quiet most Of the session,
| though At times cXh hitcd moderate activity.
| The feeling, considering the reaction Ia
wheat wns relatively steady, and after the
cn,incss displayed around the opening the
market ruled comparatively firm Initial
trades were i4hAc higher than Monday
| closing prices, after winch the market sold
I oil 3sm e.. became steady aud closed h(gAC
| lower than Monday. There WIS considerable
| changing of January into the more deferred
months. chiefly May.
Oats were fairly active. but weaker end
lower. Offerings during the greater part OF
the session were liberal. especially from
long, Buyers appeared rather indifferent
about taking hold. ~ other grains were
! weaker aud lower hence the market liaI
little support. aud prices declined 80 .c ~
the May delivery aud ga &C. on the neat
deliveries. aud the market closed easy al
about inside prices.
Speculative taling was quito active III
mess pork, and prices ruled irregular OF
frrinrs were literal. especially Tor May de
livery Early prices were advanced BE-, but
the market soon weakened aud price
gradually declined 2icS3Oc. Later the mar
kct ruled stendicr aud prices advanced "a
1i.c and closed steady.
Quite an active bus nesf w,l reported u
lard aui the feeling was weak Prices de
clin,d ARd9lc on the whole range, bu
rallied sal C and closed rather steady
Considerable Interest was manifested III
snurt ribs. aud trading was quite active
Prices were weak early IN the day, and de
clincl l5f2oc but rallied , aSc later, an,
the market closed steady.
The leading futures ranged o. follows;