The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-01-16
woacy. bond. aud stocks.

NEw NoRg. Jan. i5.--Moncy on call easy
nj 26t3 per cent. last loan ?. closed offered at
2ls. Prime mercantile paper, 4}iMjH
Sterling eXChang" quiet but stcady nj sLsj4
for ~ day bills aud 7I.SSla Tor demand.
Government bonds were dull aud steady.
State bonds have been dull aud fcaturclc,s
The stock market was less activcnnd lower
Throughout the day with less vim to spccu-
latiou the result being decline which,
while not marked. was general There was
quite a sentiment on the street this morning
IN favor NJ reaction. and while the
foreigners were SIN buying with nm.
diminished confidence the traders were
free sellers AMI sgg-cd the list uti
steadily, especially during the forenoon
and except IN "a lew isolated eases.
prices vel, c all over the room. The strong
feature of the dealings was the Nandcrbills,
which were bought hugely Tor foreign ac-
count, AMI met with considerable domestic
support, nni all made up small fraction NJ
the dividends. Aichi~on was again the dis.
turbing factor in the market, and efforts were
made tu get IL down iu the early trading
notwithstanding reports OF M week.-mrs., ia
boston, with the positive assertion that the
dividend would be- passed, there was little
prugrrss made la the downward diIc 'tiun
| until the actual announcement NJ the fact
when 10 broke , per cent, though u failed Ia
| carry the res, uf the list along Will, H. The
granger. aud coal stocks showed most weak
! ness during tie forenoon, the continued
warm weather aud reports uf cuts in the
prices Of domestic sizes being used against
! Them. but the bulk 81 the trading was con.
| fined Ia the trading element, and while l,cnl-
| Ing was the most active stock on the list
| outside Of 81 Paul, it, fluctuations
were materially less than | per cent
Among the strcialtics Pullman aud New
Haven sold at the highest prices ever known,
| but the former niicrward lost all ui H. pain
~ y per cent Rock Island again Joined
/ the weak stocks AMI showed n marked loss
this evening and among the coalcrs most
/ impression was mndc upon lncknwnnna,
| which, during the forenoon. yielded readily
but remained quite steady thereafter. Lon.
don prices were higher this morning. but
this market made little response Ia the i'm.
pruyCmcnt. aud. while mort ui the active
shnrs showed small advances over last
nights figures many were unchanged, and
At'hison was a marked exception to the
rule being down = pr cent The opening
| prices were not held. however n the pres.
/ sure brought against the list soun made an
| impression Missouri Pacific and I.ackawnnna
| leading the dccn's The Vanderbilt stocks
sold we'll. The early losses wcp generally
recovered IN the nr-t hour but tie
market soon gave way again, while
/ Pullman moved IA opposition 10 the
pYt IT the list aud lost y per cent,
later there was considerable strength shown
/ In Eric and New England but Pullman lost
/ u, improvement. The announcement II the
/ pas.agc ~ the Atrhi~1n dividend dropped
that sleek point aud q half hat the rc.i ui
| the list huCtuatcd within the ulrruwc,t
limits, and in the last hour SOME improve
mcnt was shown all arund, though tie
amount 1T the amin WIS small The market
finally closed quiet and generally firm at bet
ter than the lowest figures.
Railroad bonds we're still fairly active and
this morning developed q more uu'unt he.
| maui Cor FuUl securities aud the tone
OF the market remained strong through.
out the dog, leaving pricrs at the close gen.
cmllN higher than the last previous silos.
| The total sales reached ,2@N u0n. anal. ~.
though the Recalling, general a. furnished
! f.piWn a. the da,s total. The most prpmi.
nrnt uaiufr IT the forenoon was the Allan.
tic and lucitr a.. which contributed sli7,.
uob Tho Eric seconds VEN again taken
freely Tor foreign account nnd ~ sale,
rcirhcd tii2OOl Jersey Central aud 81
lbul ISSUES VERY largely tmdri IN and thc
former especially Wpru very strong. lie al.
ancrs ven general and uniform throughout
the list mud the most marked was Wabash
hrts wcripts. 2is ~ 10 The total sales III
stocks today we're 2ia,pi2 shapa. Clusine
quotations