The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-06-01
BY TELEGRAPH.
Money. nond- aud siochA

NEw YORK. May 10 Money on call easy NJ 2@2iS
per cent last loan per cent; closed offered nj
per cent Prime mercantile paper, s,St1 a pr
Tor sixty dny bills aud SlSg for demand.
Government bonds have been dull and steady.
State bonds have been entirely neglected
The stock market today WIS weak aud dccllf,rg
nt the opening, but aiicrwnrd gathered strength
nnd generally closed nj the highest prices 81 the
day The uniavombc reports from the West In
regard Ia the damage % the crops was the keynote
Ol the market M the opening and these influences
were supplemented by large engagements ui gold
for export bnsidc further imports OF cutting OF
rates by the Chicago. burlington x Northern made
tho general feeling one Of encouragement at
thc-mOment and prlcc-, especially the grangcrs
made material declines. outside oi thgsc shares
however the movement made no marked progress
aud the feeling Of depression gradually gave way
ns the reports oi the morning were Cnntmdicicd or
modified. The amount of business was small, but
under the Cunccs slOns IN values good buying was
brought In aud the decline was checked, aud the
market nitcrwnd gathered strength a. the day
wore along. The conference between Mewrs. cakes
aud Adams made pronounced bulllsh feeling In
both became extremely active aud scored advances
which occurred both 10 the highest prices oi the
present movement The dividend on Chicago Gas
ala not stimulate that stock Ia any extent aud out
side Of the gflngvu nnd lucihus the Ugulm list
was dun aud uuiniCfrstiuw The Opyuing was made
ON very moicmto volume OF business, but ilrsi
prices were generally from i. To " ucr cent below
The closing nrurua Of "Wednesday, and the weak
tones EXTENDED Ia almost all portions OF the list
with NnutNNtUiluu 81 MeHtfiu NuiNh nnl AlN lAilNi
stocks Tue decline ala not 80 Tar, however. nut
before the end ui the int hour the losses la mos
of the lit had been recovered after which the mar
kot dfliicd into dullncss with but slight huctun
! lions
Toward noon. however the strong tono bccam,
nom pronounced, nud Northern aud luuu lncin,
became the features while i0r some time stigma
ton was the rule with the ryst Of the lsi. 1oWud
delivery hour, however more animation WA
shown. and nnCta SLIGHT depression the upwaft
movement was renewed with considerable force
aud the market closed active aud strong generally
at the bet prircs ui the day In tho unlisted de
| naftmuui. lead trusts VEN again active and dcci
| drdly firuur. but the othcu made no mhfkc,
| movement. aud hrunswick scrlod back shade 4
| gVa The nunl changes arr almost invariably u
the difuriinu ui higher ngufus, although Fan PAU
4 risrl preferred was weak aud lust ~, but VuiOl
| rarIhr aud Northern Pacific each unc H. l. Manhal
| tan ~ aud Northern Pacific prcicffud each fus
| ~ Manhattan and Northern larlhc PER con-
| l,hiluund bonds ven quiet and there was onl
| one tgtlyc issue, the Denver a Rio Umndc Mcslcf
| Wrcipts. which furnished sliUu00 out 81 toia
| DAY r. business iti,jiluup. The movements 10 Oh
lisi Ncw irregular and generally iuf insFuihcau
amounts. aud the dual changes wcv about equal
divided between gains aud LEASES,
The total sales NJ stocks tOaY were - GU share
| Closing quotations