The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-03-17
BY TELEGRAPH.
Money, Bonds aud stac,,x

NEW loRH, March lO.-Money on call
| ruled easy with no loans; closed offered nj 2
per cent Prime mercantile paper. ILmGL
| per cent Sterling exchange dull but steady
at siSoA for sixty day bills, and sISS4 for
demand.
The exports Of specie from the port Of New
York during the past week amounted 10
81 Is, 2JO Of which sl,75l,5UO was ia gold
and s32s, 80 silver. OF the total exports.
~, i23, 900 IN gold and $1,000 la silver went
~ Europe and $4,000 In gold and 81. POO
In silver 10 South America. The imports Of
specie for tlIe week amounted % SlGi.ni OF
which sllijJJ was gold and 81, Gi0 silver.
Government bonds have been dull and
firm. State bonds have been duh aud
without feature.
During the short session today the market
was again active, bat a better tone prevailed
than yesterday, aud some sioc k closed hisb.
or. London brokers here had large selling
orders, and from Chicago there wcf~also
heavy selling orders In the granger stocks,
while the regular commission people wcrc
doing almost nothing. The transactions
throughout had n most decided professional
aspect and the temper Of the room. cspe-
cially In the early trading, was boarish to a
high degree. The opening transactions were
made ON very active market with first
prices down all over the list from = Ia =
per cent, but while the offerings were large.
the local bears and traders took the oppor.
tunity afforded by the selling by London
nnd Chicago 10 gct Ia a long line Of ports put
out In the past few days and the offerings
were absorbed, sending prices up slightly.
When the lint demand Stacked oil. how.
over, there was a decline Ia fractions below
the opening figures, aud Cotton oil and Ten.
ncsscc Coal displayed marked weakness, the
former yielding ~ per cent The bnying
D'gin usain shortly, however, aud was O..
pcciully noticeable In the gring r.. all Of
which made material advances over their
lowest figures Rock Island, St. Paul
Atchison aud Northwos tcrn were most prom.
incni, while the remainder Of the list moved
over fractional range. Philadelphia gas
however, rucorlcl a gain of per cent. on
light trading. The news Of the day was not
OF special importance, aud had little effect
upon prices ono way or the other The mar.
kct finally closed active and strong at the
best prices Of The day, The upward move.
mcnt meeting with no check after having
been once started. The final changes are
about equally divided between gains aud
losses upon prices one way or the other.
The market finally closed active at the best
prices Of the day. the upward movement
meeting With no check after having once
been started. The final changes are about
cqullly divided between gains aud lu.s IS.
bat are Tor fractional amounts only, EXCEPT |
Ia Pullman, which rusc per cent
The railroad bond market was very quiet, |
thc sales Of all issues anspgutug only gg1,. |
OJl, aud the trading was absolutely devoid |
Of any feature Of importance. The tone was |
generally steady, although few marked |
change were made. Among those which arr |
higher this evening. Fort Wayne hrst, rose 3 |
10 iij. The sales 0i bonds Tor the week were |
only s6,5l9OJJ as compared with sg,273,O |
Tor last week.
The total sales Of stocks today were 100. $50 |
shares. Closing quotations: