The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-01-19

ling exchange active and firm at I.S5H Tor
sixty day bills and s4ssE for demand
Government bondssgerc dull but strong.
State bonds we're dull and steady.
The stock market showed sun iurther
falling OF in the amount Of business done
today, and while the trading was even more
than usual OF late, confined to the trading
element, 1t reflected aRr9wing indisposilion
Ia operate even amongtiiat class OF operatOrs.
The / terest of the day. cenlered in South
wes .crn stocks. There was heavy selling Of
Atchison early in the day, presumably for
Boston account, which, however was nc
cOmpanied by the usual disquicting rumOrs,
which took the shape that the company had
been compelled TO borrow money to pay its
interest, and that the DcNt statement would
show large floating debt and that the road
had failed to earn It's 6Xell charges by about
S2OOO,OOO with the talk Of a receiver. The
selling ACKNOWLEDGEMENT 10 san Francisco,
which was sold down from G5H TO o. al.
though the sales were believed to be Tor the
account of the bear leaders Missouri Pa
cilic aud Texas Pacific also suffered, though
to smaller extent. There was also consld-
cradle pressure upon the cOalcrs, and Read
ing yielded point and lackawanna some
thing more, although each recovered a
portion Of the decline. The movement in
Delaware q Hudson was more marked,
while It's volume Of business was
somewhat smaller than usual of
late and II closed with a material loss
for the day. London was n small buyer in
the carly trading and the favorable chunges
from the West stimulated better feeling at
first, but the pressure oil stocks for sale with
the break in the Southwestern neutralizcd
this and the rest of the list yielded readily,
although in the limited amount of business
done the fluctuations were OF little signih-
Iatf oil flo 1.t.. al
day upon the reports from Boston of the
resignation of Mr. Bromley with the intima
ton that there would be no further effort
made Ia secure settlement with the gov
eminent and the rumUr from Chicago that
the road would run It's Golden Gate special
through 10 Chicago which was likely to
cause trouble.
In the unlisted department Cotton Oil was
again marked feature. being very active
and weak, and especially late IN the day
First figures were generally slightly better
than last evenings prices, aud, while the
market was quiet and dull, there were slight
gains recorded in the first few minutes. The
weakness In AtchSOu aud the other stocks
however, soon changed the temper of the
trading and the carly improvement was
quickly wiped out. san Francisco next
came into prominence, followed by Missouri
Pacific and later IN the day by rcNhs PA.
dull and yielded slowly, aud IN few in.
stances some strength was shown. but the
dealings were utterly devoid of feature and
fluctuations unimpOrant The market
finally closed dull aud heavy nj or near the
lowest prices Of the day. Pullman stands
alone this evening IN showing an advance,
which was l ~ uer cent. whit the rest OF
the list are almost invariably lower, and
san Francisco preferred on ~ Aichison,
~: Missouri Pacific I a. Delaware 4 lIud-
sou, a; ca cago Gas Trust, -, Rock Island.
~, aud the Others smaller amounts.
The trading in railroad bonds aggregated
81, lONvo evenly divided but although the
numb,r VI issues traded IN was somewhat
smaller than usual oi late. The tone OF the
market was stu tim To strong AMI almost
/ everything traded In shows ana advance THIS
evening.
Tn total sH'c' ~ stocks to-day were 49,,
So shares. Closing quotations.