The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-03-20
BY TELEGRAPH.
Money, Boni. ana stocks.

NEW YoRK. March lO-Money on call
easy, at l6D2H per cent last loans, per
cent; closed offered ut per cent. Prime
mercantile paper ihM6H per cent Sterling
exchange dull but firm at StS5A for sixty
day bills, and Si.SSA for demand.
Government bonds have been dull and
steady. State bonds have been dull and
steady
There was very marked change In the
temper OF the stock speculation today, and
the entire list, with the exception OF the
Changers AMI the South I'm stocks, advanced
materially, the upward movement being
steady and meeting with hardly a check
throughout the day. This was on the reyul-
sion Of feeling from the scare Of yesterday,
and, although the situation abroad may be
bnd enough, u IN evidently not 10 bad rs re-
ported yesterday, and the fact begins TO be
apparent that there Is little TO be feared
from the collapse In this country. The
buying today was OF the best character
London leading OH with liberal purchases OF
all its lavuritcs, while Chicago did not send
the batch Of disquicting reports, which II
hns been the usual thing 10 do, and the
shorts also covered heavily In the general
list, although in the Changers aud South.
westerns Il is doubtful II the short Interest
has ben reduced at all by the Intersections OF
the day. The only real piece Of news cal
NNlNAifl 10 NlIhNl lilf ~ WilINNNINNlN WIS Iflf
report Of the Burlington 4 Quincy, which
was something worse than had been ex.
pectcd, aud the issue was the signal for an.
other drive at the stocks mentioned, al
though Rock Island was the principal sui.
iUrcr. Missouri Pacific was The only strong
spot among the roads Ia that region. aud Il Is
one Ut the leaders in showing marked adj
vance this evening, the report thaiMr. Gould's
visit TO the south was In part In regard 20 a
movement 10 bring about better relatior"
among the roads Ia that sootie" ne Inn
proymont among the ofi.e- 5,ocks wus very
uniform aud s'aly, although IN many cases
ih~,t,scs of yesterday were not fully 70.
covered The most pronounced gains, as
usual, were among the spccaltics, and Man
haitian, Pullman aud some Others especially
Ia the last hour. became very strong. In
the last hour several spccialtics came Ia the
front, aud the highest prices OF the day werc
reached Ia all departments Of the list, and
the market closed Rctiyc and strong az the
top figures. Everything on the list II
higher however aud Manhattan rose 29,'
Missouri Pacific, p Cleveland, Columbus.
Cincinnati a indianapolis "a; New Eng
land, ~, burlington q Quincy, -: Atch.
isun. I y. Chicago Gas Canada Southern,
Louisville a Nashville and Texas Pacific, ~
each. Pacific Mail ~; Northwestern. ~;
g. Paul. Union Pacific and Norfolk n West.
crn preferred, ~ each, and the others fnc.
lions.
The railroad bond market was again quiet
aud failed 10 respond to the strength or ami.
nation Ia the shnrc list The salcs of all Is
sues were only 81. 2:sa.OoO but out Of this
amount Denver A Rio Gmndc Western A.
scented bonds contributed $4,000 aud III,
Texas Pacific second incomes Slli, 900
There was no decided tone 10 the dealings
but fluctuations we're small, except In few
issues, aud the important changes are few IN
number and fairly divided between gain
aud losses. The advances include LAX,
Shore, dividend. 90 ia, Utah Southern
extension =, Ia lO7. Denver & Rio Gmndc
fist 2 10 i2O, and Beach Creek, iirsis, ~
/ "a ~
The total sales Of stocks today were 25S M
| shares Closing quotations