The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-03-13
BY TELEGRAPH.
Money. Bond. aud stocks.

NEw YoRK. March l2.-Moncy on call
easy, nt 2isCd3 per cent; last loan ~ pei
cent; closed offered at 2H per cent Prime
mercantile paper Afg61 per cent Sterling
exchange dull but steady al s4S5A for sixty.
day bills and sIssa for demand.
Government bonds have been dull and
steady. State bonds have been dull and
steady.
The stock marke. ,odny was dull and stu.
pid almost throughout with very little
movement In prices. and after the FIRST hour
"A general sagging tendency, which had the
effect Of leaving most shares tonight slightly
lower than last evening. The copper sensa-
ton has ceased 10 have any ect upon tie
stock market and this morning. nOtwith.
standing that the adyiccs from the other
side that matters were very favorable, there
was no response 10 the good news. The COW
cring OF shorts, which was 80 marked feat
urc yesterday afternoon was lacking today,
and In the absence of any disposition 10 buy
there was nothing to hold quota
lions outside Of the usual small de-
maud, and while thcc was. ON the
other hand, noinclination 10 hammer prices
the market sank into intense dullness
and prices after the flint squirt saFgcd OF
slowly aud became siagnant The waiting
disposition seems to have again taken hold
OF the local operators, and after the price Of
coal has been settled and the meetings Of the
| Illinois Central aud the st. Paul directors
| ARE over, and We have heard of the final Ia.
teniion Of Commissioner Walker, there may
be a more decided character 10 the specula-
ton. There was considerable irregularty 20
ia movements within the narrow limits.
and while st. Paul was siubbornly held there
was some weakness IN the afternoon In New
England. aud during the earlier hours Lack.
awannA aud Manhattan lost a point Pull.
man also retired ? per cent on an insignih.
cant business. Reading ~. Paul aud lack
| nwRnua were the only stocks showing any
animation In the regular list, but Cotton oil
was again very active and after a drop Of I 4.
per cent remained IN thr ncighborhood 81
IL lowest figure Tor the remainder OF th,
day. The movements IN the Others were en-
iifcly insignificant The oponing prices wer,
generally from Z. 90 \ pot cent above th,
iinal figures last evening aud this advantage
was further improved in the early tindn,
! by small fact unal advances, which, how
ever. IN NO case exceeded y per cent ~
Paul was the only rally ctiyc stock thourl
the Reading. lackawannl and New Englant
trrward cune 10 the front The sironr
tone disappeared after the nrt demand wa
satisfied, and the list was quickly brought
down 10 below the opening ngurcs. afto
which the most intense duilncss marked a.,
trading, aud stngnation brranc the lcadin,
characteristic Of tie market Tho LOUISVILLE,
x Nashville showed some strength aud New
England declined somewhat in the after
noon but no other feature was shown, an,
the close was dull aud steady. generally q
fractions under tho opening hgurrs. Tn
hinl changes are irregular. but dcclincs or,
~ n,iouiy, though except In the case o
Pullman which lost 2 pvr cent, changes ar
TOT fractional amounts only.
Railroad bonds wcfr luiet, and like IN
stock market wprr irregular anI no MARI -
feature Of any klud. There wss some ami
nation In The Milwaukee. Lake rhorr A
Western cunycuiblos aud the Louisville
New Albany q Chicago seconds The tuta
salcs rachcd s2uii.UO1. There wa no 40
cini activity IN either
The total salcs IT stocks today were 49,,
$50 -hnrcs Cloting quotations.