The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-04-03
Co,ton Seed pro,iucts.
Live Stock.
IS BY TELMdRAPH.
Money. Bonds and stocks.

NEW YORK, Arril money on call easy at
$500 per cent; last loan 3ls closed offered At
o Prime mercantile paper iiq@6'9 sterling e&'
change dull but strong NJ sLs6a ior sixty-dny
bills, and SIS 4 for demand.
Government and State bonds dull and steady
The stock market today was dun but somewhat
murc animated than yesterday, and II was higher
and stronger throughout the day almost every
thing traded In being left materially higher 90 the
end Of the day. London was buyer "a "A limited
extent this morning and considerable covering
was done by the local shorts which gave thcin
early strong front The bears, niicr the hfst de.
mand was satisfied. made demOnslratlon against
the list, but us today was election day IN Chicago
aud the operations at that center were doing very
little. while the reports cmnna1ng nom thcrc
wrrc also less pcssnistlc IN their character the
effort WIS rewarded with but poor success aud the
pressure was soud removed. The covering move.
mcnt assumed larger proportions townrd the end
Of the dny ANA the buying for the long account
nso showed up more prominently and the upward
movement became quite marked, reaching oil
portions Of the list Atchison, New England,
Rcndlng. Northwestern aud Uuion Pacific altructed
most attention ol the leading shares aud the tnns
actions Ia tie Inst named again reached large ng'
ur~ aud a. advance was morc marked than any
thing else outside Oi the spccintics. Among the
latter tnicagO das was most conspicuous and u
became one Of the leading active stocks while IL
led the list Ia the strength displayed. The San
fmnclsco STOCKS reacted shnruly IRON the dcIrts
sion Of the past few DAYS uud both common and
preferred wcru strnng all thc way out Memphis
a Charleston WIS another specially which made 4
marked rise but the Othcn were duh aud
without feature The money market worked
smoothly, aud rates recc,cd a. The day wore along
ana the last hour saw tie heaviest buying ana
guut improvement WIS made nc that time. The
o,guiHg wts firm, though somewhat irregular and
further improvement was made Ia the early deal
ings witch. however Wa short lived The press'
ufc WIS reno we'd and everything was carried below
the opening ngurr,, with Atchi.ln, New England
aud Union Pacific leading the decline. The coal
stucks wvrc particularly strong. however and this
small effect made BY the niid discouraged the
bean. aud toward noon every thing moved up again
with Aichison. Missouri Pacific aud Chicago Gas
lrudlng bulucss Nus the principal feature Of the
market after uuun, aud the movements were small
and insignificant, while no features OF any Kind
marked the Trading. After delivery hour them was
renewed huNiur fnr bath sides ~ the account and
iucnHsci animation wns accompanied by n pro.
unuucrd upward movement which reached all
portions ut the list Aici-ou aud Chicago Gas still
leading The close wn- fairly active aud strong Of
about the bet pnCes ul the day. The entire actiN,
llst II HIGHER aud Chicago Gs ross ~, Atchison
rs Fan fmnCiaD pd. ~, Union Pacific. ~,
aud New England aud burlington 4 quincy
per Urut each.
lailfnad bonds wcrc also n little mon animated
the sales ui MI Issues reaching sl,2iO1 the bust
ncss was ~ well distributed that them was n,
special activity Ia any Unc ISSUE, The tone ol
the dealings was generally ntin, though Their
wvru a lev rnit spots such AZ the QUIZ, tolomd
4 santa Ne and eouth Cnlorndo coal issues. o.
the other hand the Roadlng incomes were al
hishcr aud the hnal changes show mporlan
ihs total saics Of stocks today were 2s6ll
| sharcs. closing quotations.