The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-05-18
BY TELEGRAPH.
,Ioncy uonds and storll4.

NEW YORK, May IT, Money on call easy NJ Ga
~ per cent gst loanat g. percent; clnsed offered
ntls percent rdmC mercantile paper 8'etflR
pgf cont sterling exchange dun hut steady ht
sLN, for siNiy.day III, aud tLsl lur demand.
GuNpfumt 10 bond. have been dull and steady
State bonds have BEEN dull aud icniufclcss.
The stock market to-day WIS again 'aifly active
but unlike the previous days u this week there
was nothing If Importance in Il except tie Orsson
1muscunuucntal contest which absorbed OIL thc
attention. Tho general market however showed
considerable weakness. and most stocks clwcd
lower than lost evening. Tie excitement la itaus-
continental ran high all day long. although th9
Interest nnErci alter ~ o'clock the stuck dropped
AZ the op,nlng over t c'nI, pn. tS , aS1nghI
| advance was made upon TIE urruiug hguru
i-s'..'H the d.. n 'b". day AZ "ls, uiy
| dintvngc between TIC regular stock aud
| cash silcs WIS about I pcr crnt, Whirh
gradually rose IA about Per cent, but u snon be-
| came evident that some one had been caught nap
| ping. aud the difference steadily rose tn " per
CENT. mud later Hluut i,'Hu share, we're bought ia
uuuVf the rule WhCu the cash price touched Ui's
when the pgulnr sie,k Wa ~ ms about By ihc
tHusltlun a. which the market has been in'nicd Ia
! this tturk " almost unprecedented uud the r..
muiulcr of the list especially today neglected
! us nlmust ever, broker hat unicns In Tmnsoontl
/ counted fnr however. by the uuinNumhlc reports
| ui chuinps by the iuion Feeble aud lake shore.
/ but thc fluctuations were gcucmlly small nud un'
! Important Northern inChc preferred wns the
strung spot ln the isi hut q lust portion ut ~
| announcement h'iurc the clOsc. Tho gunguu wcfu
| Hill active. but Welded imciinunlly aud were
| tua,irl in over an unusually narrow mdgc. Ia
| the unlisted stocks Cotton ull and hfuus'
wick were more active and the latter NJ.
| ter slight advance. clnsCd unchiugud NJ
| -. crCrnL The opyning Of the market was
| generally strong az advances extending 90 q pcf
| vynt., hut the tone lccamc heavy Immediately and
fractional LOSSES Nefv sustained ull over the list
| Tmuauutuvuial. however, ab 1fhed oil the Inter
| Ctt In the dealings and both regular nud cash
advanced, while the ust oi the lit was declining
Iash rpsc a. 90 aud dropped back "a 81. hut late Ia
tie afternoon rcnrhcd ~ aud closed At o. There
| WIS spuu nf animation Ia the OungVm after "
| ociuck. but no other feature marked the tuidiug
and the market clnsel quiet aud heavy at fractional
| losses tur the dny Most ui the nttNc list arr
slightly lnwrf but 1rhusrnniincntal loot -, while
Consolidated Gas Wsc = Tcf ccnt
llairOad bands Wvrr inifly active. the sales Of all
issues arefcgaiing st.tli ,u1 cut ui which The nu
iuih south rhpw a Atlantic D. contributed
$1,000 and the 'hcsnpcnLe 4 ohio 'u suaWo
The MARKET was quite ttniug in the iurcnuin hul
| later lirIdul apparently w ymtathy with th'
hratt tone iu shares aud tome lusscs were tus
iniuUd. The majority " the list however au
| higher this evening audi Chesapeake a ohio fcfiC
| A Uisr ~, to iA The total talcs ui ttirka tUdal
wcw 2is. 80 shares CLOSING quotations