The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-05-09
BY TELEGRAPH.
Money. nonis aud stocks.

NEW YORK, May S-MOucy on call easy Nt 262'9
per cent, closed offered at ~ per ccn'. Prime ncr
camille paper, 80 ,@Ei. Sterling exchange quiet
but steady NJ slsi for sixty day bills ana sLhS'4
for demand.
Government ard State bonds duh and steady.
The stock market today was le3s active, but
stronger thun yesterday, aud, NJ n rule all the
Losses were recovered aud in some cases fractions
Ia addition. The opening this morning was again
ieNcrish and Irregular the unsettled feeling Of yes
tcrday not disappearing until well into the fore
noon, when the attitude Oi the tradcr- became
morc pronounced upon the bulls side. The ma
lOrliy OF the list WIS from Ia =. per cent.
highc. than last evenings quotations but
the market was extremely narrow, and outside Of
~ Paul which carly look the lead ul the list the
transactions were almost entirely professional and
the fluctuations were confined to the smallest linz
To- There WAS considerable pressure, specially
upon the coal thlrcI, aud In Reading the only
weakness asshuwn, though the loss was 10 r. per
cent, which was the cxtrcmc range OF the stock
for the dGy, the concession IN the early tmdng
bringing ln buyers Who soon brpugdt about dc.
cidcd change IN the temper of the speculation
Atchisun assumed u secondary position IN the mar
Egt after the Inst hour and - Paul became the
great feature ot the dal, the buying OF that STOCK
being specially good, and it was said 10 Dc Tor the
account OF large banking house who afc seeking
10 control the election, aud the advance IN the
stock was well maintained until the close Good
foreign buying Oi Lake shore brought II 10 the
font In the afternoon, but the other Van.
able without feature ~ amy Rind. Among the
tpvClutiuN thuV Wcrt u few very wide movements
mot prominent h'lilg the sudden flSc ut I prr
ccntiu 'itlsh1gN Western preferred most of hlrh
Wss retained at the close. Pullman, after small
decline, rose sharply uld chicago Gus again
crossed ~, aud closed above that figure. Toward
u'coyk there was the usual realizing movement
bus the concessions outside oi AtchisOn and the
spccuitic,, wcfc Insignificant. aud the market ~.
covered i's tone IN the hat hour. closing quiet aud
steady Ia ara NJ but little under the best prices Of
the day iitishug * Nc.tcrn ppierrri closed
with q gain oi q, Ter cent Chicago Gas u :. Pull
man. J. nnlst Paul's bit the other changes arr for
small fractions uuly.
Railroad bonds were mon quiet aud the tone Of
the dealings underwent u change for the Worsc for
the first time In many days, tho nuul changes
showing majority OF losses tor TIE day lac
total transactions foot M si,sG,Op of which sli2
ull were IN the lcNus Pacific second incomes The
- Louis, ARKANSAS ICAu. Issues WCrU the weakest
SPOT in TIE lst upon the trouble over the payment
ui TIE coupons on the int mortgage h1nds The
weakness was not confined o. These securities
however but extended a. all portions of the list
aud among the most marked Dos a. WCrc ~ Louis.
Arkausi- A Texas int, 40 A., the seconds . at -
aud other fractions.
The total sales ui stocks today were To- 20 Sharcs
Closing quotations.