The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-04-12
BY TELEGRAPH.
Money. Iionds aud siorks

NEW YORK, April ll.--Monoy on call was easy
atl 10 ~ per coat, last luan closed offered at =
Prime mercantile paper 900 sterling Exchange
dull but frm at i6 for sixty day bills, and asa
Tor demand.
Tho Governing Committee Of tho stock Exchange
has decided 70 suspend business on the Exchange
on Good Friday. also ON the nth aud j0th lnstant,
because Oi the centennial celchfauon.
Government bonds have been dull aud steady.
state bonds duh and ste dy.
The stock market again demonstrated ~ inho
rent strength today anu In spite oi heavy fcalika.
lions from the lmding element again scored ma
teflnl advance for the day. The rcinarka-
bic strength Of the London market for
American securities still continues aud tho
foreign houses are mOfo liberal purchasers
which were Louisville a Nashville, Lake shor, 81
Paul, Reading, trie mud Union Pacific. The de.
mhnd Tor stocks ifum domestic source Cnntin ucd
also, and after the cessation OF the selling move
mCut the market advanced The London quota
tons this morning were - TO y per cent higher
than our figures NJ last evening, and the market
heavy rgHlimtions Of III. larger tmdcrs there wns
no strength IN the early dealing aud thh encour.
| aged demonstration against tnc list On the part
oi the b,ars. Atchson being chosen ~ the spc,iul
pulut oi attack, and ~ was iOrocd OIL point but
| llc nat Of the list utlrod only ~ shade below
/ nrt figures ~ Paul hesitiicd aud this served To-
| restrict the Trading In tue prangen. The move.
/ meut was soon over, ani the market driiicd Into
dulincss aud singnaion except ia few special.
ties The depression Ia the market nttud tiil the
last hour. when buying Of Reading by some OF the
most prominent brokers AMI Philadelphia Inter.
tats stat eel AN upward movement which exit uuCds
10 the entire list aud all the lvailing khIrs pare
| ticlmicd Ia the improvement which followed. Ia
| market developed more animation than bad been
shown al any previous time ut tho DAY and marked
advances we're made all around. hock Island bUins
| specially Cnnapicuuus, With jump OF 1ct cent,
| while Athlton reached point per cent above
| u lowest pdcc ui the forenoon The highest
pfirrs were reached shortly before the close. and
palislnE snlrs shaded the 1T un traction. bui
the closc was active aud sirung NJ alb at the beat
| pflrcs at the day The grrai feature OF the day
| was the activity aud sirungth ~ The unlisted ~.
dusifial shares and, o. Ou yusi inlay, trusts
| certificates were leaders. continuing thrif
| rapid rise ui yesterday, aud aiict open.
| ing up ~ pr CcnL, NJ So, and nap.
| ldy fusc ~ 49, without bruak, aud
aiirfwurd nuctuntcd within points Of that prcc,
| closing nt that hgufr, a net gain OF o.. per cunL
Cotton oil was also active, aud very strong IN the
| afternoon, closing with a gain Of ~. at U.s.
| brunswick Nas again more animated, but aft-f al
| advance 81 !. cl,ecd uuChauEyd az =. !. Manhnt
| tau was the weak spot Ia the llst, aud dculiuUd
| point but all the rest Of The attiyc shares ~,
| higher aud san tfaucico pricfrcd rusc y s thcsi
| faakc a ohio int preferred, "a huck Island
| Omaha aud consolidated Gas, ~, carh. nurling
tnu aud Atchison, each Der cent, aud the Othon
| fractional amounts
Ralifuad bands were fairly active the sales Of III
ssuss asTrrgatiuH q. $50 90. ui which Chcsapcak,
| 4 ohio y contributed tikLuuu aud Hsudlng hrs
| luuuues sllNuu. There was nfm tone through
| out the dhy, but thcfu was some iffrEularitJ 10
| the movements, aud while most ui the list aft
| ifactlunally higher lew bOuds show Losses.
| Ihu total sales Of stock to-day we're .hl,sU hareg
| NlusiuE quotations