The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-06-13
BY TELEGRAPH.
Money, Bonds, stocks.

NEW YORK, June i2-Moncy on call easy Mt "a
3pcr cent last loan paper cent closed offered az
per cent Prime mercantile paper 36t5iE per cent.
Sterling exchange dun but steady at sls7 for
sixty days and sL@5i for demand
Government and State bonds have been dull but
firm.
The stock mnrkct again showed a gain In the
total amount OF business done today, but while the
tone OF the deaslgs during the greater portion OF
.he uue was hrn 70 hiiohg. " was Iot iully main
tined IN the later hours, and the final figures nte
something OF from the best OF the day. The buy
Ing today was largely credited 10 outside Interests
anl Chicago, London. Boston. and Philadelphia
furnished their quotas of orders. At the same
time the selling 10 rcalize the profits
accrued upon the rcceut rise was very
large aud IN the general list this prevented the
Improvement when oud have resulted from the
liberal purchases Tho temper OF the room, how.
ever was decidedly bullish and the feeling was In
great measure duo TO the growing strength aud In
tcfvs In the Vanderbilt stocks, which 40 In today
were among She asadig shares In pclut Of activity
The trusu seem TO have retired from the Nrst place
aud the coal stocks occupied the int position
| from speculative point OF Wow. jersey tcutrd
| after scoring n further gin OF per cent over
10 hesi price ~ yesterday felt the pressure later
aud retired. losing all Ut IL carly Improvement
The purchase of the irOndnck lini,r1ud by the Del.
nwnfc * Hudson WAS the occasion ui d further
| squirt In that stock, but lie Jcr-cG II cpulnt
| hold the advance. lacktWauut moved within n
| comparatively narrow range, and ended The day
with SMALL decline. But the feature OF
| the day was renewed activity IN Reading,
which road It was aid, WIS making N
helped by the ndyhur, ln the price OF cuil. made
mnicrirl gain ~ the result e tlcdiy operations
| The dealings iu the ioras reached hish hgur'
aud large blocks changed hands amid excitement
nt tmes, Tine strongest f'o'k on the lvf however
was Louisville a Nashville. iu which thr den inr.
become laffcr toward delNcry hour md tc1scd the
| hiRhc advance Of TIE day The ur,nggr' were not
neglected though their move ueutt W. r. made
Within comparatively nifr1W range. and tlc do.
ci.on Of the S. lpul 10 uti lc hy the ruling oi th'
ussuoililln no doubt dd much o. maintain the
| strong bullth icc.inf which prevailed among the
OPEN OTIS. The opening was made az uitautc. OF
small fractions, cAccpi Zoe lcrcy tcntfh WHICH
wa up ana while ihe general llEi NIHqUlct the
Interest was truierd iu i.ss thiu o.. re foHkA
Material advances were "a, IU lu those shHrs. how
ever with On, gr,ncrr l.ad Ing beloved hy the
Naudcfhllfs, louisyIle IS Nashville aul others
The coal stucis then became thc center uf lu.rrl.
and toward noon married. rdFlnccs were on dc hy
leney and Delaware s. llgGHuu. Read. s tli oscl
IN the afternoon, uud thC several lIst tsca bffiu
o. show Murt animation, With irf"il 'ull -lils 40
over the ll.t Tho riiiuhuns however. n. Hatnc
very muf.c ln the lfsi luur aud prices yicidrl
hll over the list Though mgrscd strength was
Tcnuesstr COIL Louisville Sew Albany 4 Uhlrisn.
beaver q Rio Urinlc aud some othcrs. the tone II
the close Wac rather heavy al auur concession from
the bot lsiits The trusts W'n ltas nciifc. eui
showed bat little stfenrth outside Of the suglr
trust. though among the other tharcs Brunswlck
wus more fctlYc than usual 81 late. nud moAud mp
10 -. nnd rhu'nN rctIel somewhat.
Tie nns chau'.,'l nn' rgnemily IN the diucilnl Il
higher hrir's. tloash thgv wgrc ilr iac ilnl
amounts only. except Tor nE inuGNhith u up
a.. nni Louisville 4 Nashville which fwrii.
Railroad bonds wcN Hrllu active iaulIl TIE
laffc nrsfcfntc 81 The ISLES Nut principally duo 10
the lucn.tsTl Interest In the Reading uuilcl aud
uut " the local uay a hiuiur. ut $1,000 the
Reading frf lucnm " CnItIIHuiti spsilnt. tho H.
t.ltuu nnd thc scpund iuVumCs tishtOL 1hu
Atlantic A. fufIun q Wnrf ulsl kCrY active. tul
their sale amounted io .!tipu. The rcuyr,i TN,
cd thU dciliues was HrIin hfm, but tht changes in
quotations were very u Eht AMI tnH imNurfut
gains aud lutscs arr Tess Do numlcr The most
IIHFNNN Hff NNFNIINH
Chicago 4 ~ lnulH rlusfls. which ree 90 .t.
bit which % itoly quutCl ut III. % uUt aniu ut y
fcf cent This uscil hasci cutir'ly urun che o..
cent du0 lsirn ul Iud ~ NfCshHm. which rUnHr.us
stirll be- total sHlcs of stocks today were aui,
Iu shares ClutlaH Quot Hf.Hne