The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-04-09
BY TELEGRAPH.
Money, Bonds nnd stocks.

NEW YoRI., April s.--Money market on cal easy
nj 3 to per cent, last loan q, closed ohyt.u u. .,
Prime mercantile paper $500 Nterl,nS iN,nutltlhV
dnll but hrm vt Asjt for sixty day bills ana ASA
Government bonds have beer dun and steady
State bonds have been dan nnd letiuieltss; -. T.,
There WINS another marked ana sudden cnanBc III
the temper of the stock market hdny, ana ~ Wn
nctlyc aud decidedly weak Throughout, tltie einB
only one strong spot in the list ana everything
tonipht Is materially lower than nj the close on
Saturday The iuilucnco OF the BANK sWlVth'hs
was .elt In iull this morning, Tor the low tAlv ~
the resources oi the banks not only cnlled nnt ~
Inc foreign buying which was becoming ,omcNnht
of a inctOr last week, but u eheohihStu ulunhlN'
ATTACKS by the bcnrish element ana Induced iytlM
ing ly The short waited bulls upon the rlisc ol st
wceh. There was notable absence 81 tuPPoln
cspeeiallv in the stocks which 20 mlcly nave hvcl
The Ia ldcrs of the upward movement Alcnlsoh WIS
npuiu the great feature Of the DAY, und WINE com
uandinp a premium for use which reached = per
cent prr en- WIS sold Wcklcs,ly " Tue bcaiS;
and lie general belief that alter tuesday lhrIg WIZ
he heavy sales oi stock bought Tor purposes OF con
troll The report Of the carnnH Tor february, h'so,
went some way Ia encouraging No plte,uIo, ~
there was "a deficiency In meruus hNcl chaik@
Similar reports about Missouri lWcihc wefe clicn.
mica ana that stock wa good second, with Now
! England and Northwestern following Inc othtI
| rtuugcrs were not forgotten ana ouly ~. ihul ou'
/ nf mo entire list showed any support Whatever
| aud ID Il exceptional IN showinga small advance
| at the close this evening. Inc opening nk.It
| we're great disappointment to tho.o VINO n'a ~
rurici the Hurry at the close on Sdlui1hl ~ ,o'
] -
! Der cent lower than the hual hgurcs ol sAlutqhy
Missouri Pacific took the lead In the early dccllnc'
! while tue amount Ofbusincs done was ohly mouer.
ute aud nlthou. h there was some recovery l0Wnrd
! o'clock II was entirely Insignificant, as VEN AL
| The rest OF the MILES during the day. Alchison
| then became The lcnicr uud was ioined by new
! Inflnnd and before noon the movement hhl ne
| come very marked. Cotton on hecnhc ptnnlhcn,
after noon. and thu decline was steadl mninminel
| Throughout, though the strength ~ ~ fhul ne
| came very noticeable nt tbs time. I9wani ne
] livery hour the pressure wa, removed qua lhe mar
/ lei ,ubsid,I into dulluOs, but there was nuothe
| attack upon Aichison Ia the last hour When th'
greater portion vi ~, l0s, lor the dQy wa. sustained
1he market closed fairly active ana wtnk,nlth0ugl
| a slight mliy urratrcd Moot Of the list, however
wcrt at az near ne lowest figures Of the DAY. Aich
| iton IA down . per cent, New Inslhhl w hl,
! fouri pnplnc and Colombo Coal ~ Rock ii ~
| Icrsoy Ccntui nig Hour aud Union Pacific u
| each aud Burlington ~.
A. ilruad bonds Wcrcquiet although the dealing
| extended 10 an unusually large number OF issue,
| aud the sics Of all issues aggregated tll0lV1 ul
/ oi which short Line a. furnished sIhV9 an
| Chesapeake a ohio ls slOiNth lhc list uid no
| symuathizo With the decline In shnrcs, but u
malncl nfm without special icaiurc. ran fmi
cisco. clan A, roso 2, IN iUA, Closing quotations.