The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-02-05
By TELEGRAPH
Nonc,. IIonL. nnh siocks.

NV luuk. Feb. Mooney ON call easy
az 2m5 per cent, last loan 10 . per cent,
closed offered nt percent Prime mcrchn-
tile paper ittB per cent Sterling exchange
duh but steady Ut SLs6 for ~ day bills aud
slNs Tor demand.
Government bonds we're dull but steady.
state bonds were dull aud steady
Tic stock market today was rcnctiunnry,
aud while ihs amount oi business done
shows q marked falling of from the average
ui the last Few days of last week, the coursc
~ prices except iu the Nunlrrbilt- aud spc.
cialiics. was downward almost throughout
the day, though the impression made upon
prices was generally slight London came
lower this morning and uftcrwurd consid.
cradle selling Tor that center, which cncour.
aged the continuance 81 the liquidutng IN
progryss on saturday und In somc directions
10 became quite pronounced. The traders
wctv also at work to bring about u reaction,
although the general temper ui tie room was
still hulli,h The uyws ut thc day however.
VS. not u an encouraging nature and the
selling ~ the oranges and the Cpal stocks
WIS helped nu hy 'ho recent decision VI
judge Brew r, which was looked upon a.
likely ~ delay II not seriously impede tho
formation ui Interstate association. aud the
attention IT thc street WAS drawn more a.
The immediate aud probable future effects II
tie accumulation ut coal II both ut tide
water points aud those of the interior H.
what las been shipped Under these condi.
lions the rnugui- aud cunlvr- we're the
| Leaders Of the decline which cnsucd al.
/ though outside Il the darlington. Rock
/ island aud San Fran i-co nd. there was no
Hurat impression made upon them. The
I principal effect of the sot back iu confidence
upon thr ret ~ thn lee was 90 cheek for the
| time being iho buying which va. so marked
] 70 feature of tbc late dealing. aud the hurtu.
| atiuns Wrr made oyer au exceedingly mar.
| rrV uUHu .i;h H-iHuihUaHt changes us the
! huul result 90 trading The NuudrThlis
! however we're ln grrat demand. ,spr, ALLY
/ Canadian southern. Michigan Central which
| wcr Joined 10y hg -Four aud all IT these
/ made marked advance. forming the ono
/ strong spot in thr market Pullman was
| quite weak and Lost murr ui it- late advance.
! iini prices we're generally slightly higher
| hui quite irregular aud the market remained
! niIlN steady cor short time. hut soon lc.
/ yHIuuUd weakness and under great activity.
/ purUs yielded 90 over the list while the
I fluctuations WyU confined generally Ia the
| smallest iuUiIuUs liiH -Four was prominent
Cot strength. Hs wotr also the Nhndorbilts.
Z hut thy unuHur we're weak and Huntington
dropped over point 4 more pronounced
| upward movement occurred iu the last hour
aud thU market closed quiet bat compare.
| lively Urn. ut something better than the
] lowest nFuurs With thU exception ct u de
cline iu burlington II o., pr cent, aud one
| iu Pullman ul ~, pcr cent, thy nual change.
arr lpr small fractions. only though Glove
luui, tolumnu. Cincinnati A iuduulppli,
rusr 90 per crnt MchiFun Genital. = pet
| cont. Canada southern, ~ per cent, and
| biz -Four Der cent
The sluggish tone " the stock market
extended tu q limited extent az the tmdina
iu railroad bonds. aud the market today was
lee. active, ihu sales paChingonly e. NOI. 90
nud thr tome WIS not su strong NJ usual vi
late Va several uf the leading issues. amouf
which ID Readings NCtu most prominent
received % sci back Most 1T the list. how.
ever Ftill continued on The onward mauh
aud thc final changes show large muibr.t,
/ 1T marked advances The Chusaupakp A
Ohio q certificates contributed glll On and
the Readings O. si2i,uu to the DAYS total
The total safes ui stocks today were 2A5.G2.
shares. Closing quotations NVrv.