The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-03-22
BY TELEGRAPH.
Money. nnnd. ana stecn.

NEw YonK. March 2i.-Money on calf
easy, nt 2pcr cent. Prime mercantile paper,
I1dGE pr cent. sterling exchange dull
but steady at SlSiA for siXly-day bills, and
SASSY ior demand.
Government aud state bonds have been
dull and steady.
The stock market was quiet today, hut
there wns further progress made Ia the Inn
provcmrnt started day before yesterday, aud
while tile fluctuations aud final changes in
most OF the list are not large, everything
shows q gain tonight The foreigners were
not d factor In thc market today, the margin
Ut pr1ilt between the two markets prcclud-
ing any extended operation. but Chicago was
u conspicuous purchaser. and the local trad.
ing was satisfied. the remainder Of the bust
ness done. The Gould following we're conf.
dent that their chief would return 10 New
York a ball, and Missouri Pacific aud Man.
haitian were again on the upward tack, aud
In the general list II early became cyi.
dent that there was no lack OF sup.
portcrs Tor the leading shares. There was an
attempt 90 break the grnngCn again In the
early trading and Burlington did display
considerable weakness, being, IN fact the
weak spot In the list, but the Others were
firmly held and the attempt was given mp.
The purchasing for the long account later
became morc pronounced. and prices begin.
ming 10 Crucp mp under the increased demand,
the early sellers brgnn Ia cover aud the
movement bsCnmc strong. and rrarhcd to al
portions Of the list Tho trading In Chicago
gas was again on u lauv scale, but 10 failed 10
rCnch the volume 81 business lone Loo the
stock Yesterday. The strength, however,
continued undiminishcd aud a material ad.
vance was sourcd over the high figures uf
yesterday. Tho laryr earnings aud the prob
able dividend aw still uuyyd ~ the special
reason Tor the buying. The active slinrrs
..UMa.wN.I a.. N..HaaHH II NaN.H.aH arNusH.U.H
aud 10 a few spccialtcs only Wa them any
marked movement The opening lgurr.
wcrc steady, but the attack upon
the list Wa begun Immediately, aud
everything but Chicago gns arrrd of with
Rock Island aud Atchison IN the lead but
they were soon followed aud oycfiaken by
Huntington. which dropped over a point.
The strength ui The decline was broken hc.
fore noon, however ami while them wa.
not ,p much trading prices began Ia im.
prove but 10 wa uut until we'll iutp the
afternoon that thc demand became notable
aud before 2u'Clurk pm, when the best
nguUs rvurmllN WcnC reached, everything
was fmctionally better Than The o%Tcniur
and Manhattan, Oregon Navigation ans
Chicago Gas weir generally higher Rcaliza
ions sirgvl thr liat OF in the last hour bal
no marked impression WIS made upun III,
gains 81 thr previous two hours aud th,
clus' Ws firm. though quiet generally n
fractional advances iur the day. Tho de-
ulturs Wrv very tow and uuimportanL bu.
Navigation riHr ihc, Chicago Gas iac an,
Manhattan tl.c
Railroad bonds VEN again fairly active.
sales ~ ul issues HfruugatinE eiUD.uuN GA
Of which thv Chicago Gas aud Coke uuis
which wcu The special feature Ut the day
contributed t2,iU1 and after opening up
az as declined a. iulh. and atcruAnl Huriu
aicd mptdly between the extremes
hunlly closing at ri' b u net gain OF "a Dc
% cent The utlivr tCttNV iauvs Wcru ucnvs
n kioUunir Western nssrntrd With $4,000
ndiuE 4 elaAulo d thc lHst inuome
\ FtOi.po Tile general iist showed The usun
y lncL uf feature or marked movement anl
/. while thvrv Nus still u u lone the change
y urv generally iur fractional amounts only
Utah southern rcntmls rusc 2 10 tt2
The total sales Ut stuCks today were 2ia.ts
sharcs Closing quotations.