The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-02-15
BY TELEGRAPH.
MenrY. ner.I,nnh s,ec...

INV NonX. Feb il.-Moucy on call easy
at - tp . per cent; closed offered M I = per
cent irmc mercantile paper lmB per
cent sterling exchange quiet but steady at
lsb Tor siNty-dny bills aud Sio,A Tor de.
mnnd.
Government bonds wcrc dun and firm.
State bonds dull and without feature.
The Western railroad situation had much
better aspect today and this caused an im.
proved feeling on the street which was r..
iirrtrd in mun general upward movement
although ~" advance. were small but uni.
form. Tho Chicago advice. were Of de.
cldcily hopeful tenor and that center Tor
~. time being ceased tn be- the fountain at
hcnrsh information, aud the srllng ul the
rnngrr was almost entirely confined To thc
local operator fora decline. Hut thee CO..
cciVinE uu Hil from usual sources turned
aud began iu gpytE which resulted iu max.
Ing ihc ruugrr aud cullrr. which
have su lately been the special weak points
in the market the strongest stocks uu
the list The reports said that two more
ruals hn signed the agreement and such
failure 81 the undertaking rested principally
with ihu president 1T ihc Illinois Jcntml
Railroad. and as mo- one man would be- likely
10 put him-clt in ihc position oi Cen. Mar.
| plot the Inference was that the end was not
| Ter OIL The earnings ul Northwestern and
Reading Tor January were both largely Ia
cNrrs, II thus" ui last year. aud this was not
without its lnilucnCr in giving the confident
tone 10 buying Their WIS some Insulating
iu early trading and the bears removed their
attacks upon burlington. but met with no
success whatever and suuu ceased their Oh.
cratuus, When o. marked rally took place an
over ihr list There was q renewal uf thr
effort Ia the afternoon, bat the same result
followed AMI Do, stock WuH ONE ui the most
prominent in slowing gain 10 the close.
lhv fHyuItIps " Hu again conspicuous aud
sn'uc marked gains W,f made uWuuF them.
While tlU general l's' was urm. but without
Iuy very strong tendency either way. and
Che nual changes ore be- most case.
Tor Insignificant amounts The opening
iriyrs were but slightly changed from lu.t
uIHntH figures. lNU market Wua very UuiHf
with 20 urm lone, uu' thH attack upon lIr
llHHiuu tIusru u yielding roo over tio list
lud rnuDs Nvrr brought down tD shade
below tur Opening. darlington touching 90
which wa iis lowest figure iUr thr dny
chicago We the strong spHt be- The list and
"a sudden change iu ihr t#Wu,r ul thH rru.
vnl lst occurred 90 u O'Clock. everything
moving up with n will. and thr vrturar. suu
rul'ru taking fhr lcai The market Dds.
played NOR activity no fh.s time than Ht
lry other time ui iho day. nul.ur,s Ll.
bowed uul ppitiuu of tlr mornings im.
prut,mruf uas lu,i hut another mid upun
burlington falling iu h1y, Huy WHurl effect
covering was iudulsvd Boz tnu large extent
aud thc market aHuin showed animation will
/ decided siren th tn thr list hour Tho fr.
| bound ln Burlington WIS very shnfp. and
/ ihn best prCr ul the diy was rHehcI lust
/ before Gle close, which WIS uytiyo and um
/ a. siwuE Eyu,ully nt fractional advances
/ Tor ihv day There Wrrr uu decline, col im.
/ putnnrr Huntington tusu rs, Chicago Gas
/ ~, and bf Four and Chicago anu Eastern
/ Illinois preferred per rent
Railroad bonds showed thc effects II the
/ Improved feeling aud With % somewhat
/ hanger business. displayed stronger tnua.
| nnd tnul iiFurs generally show lIyauprs
/ The sales were e. lMup ct which El,.u1I
! we've Chesapeake a Ohio is and tiJuUuu Eric
| seconds
The total sales 10 stock, today were 2i8..
2i' sharcs CLOSING quotations.