Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-08-15
FINANCIAL AND COMMERCIAL.
oFFIcH OF THE DAILY APPEAL. ,


OFFICE OF THE DAILY APPEAL,l
MEAPA1Lss August IA, 1858.
} Money matters are comparatively easy
at all our banks, and exchange Ia making
In sutneient amounts to supply the de-
mend' which is very fair fer the season.
BalSnces are running pretty close, IS
large nun Der Of our merchants are East,
mSKIns thelr purchases, and exchange
10 Deihg sent forward as fast as collec-
tons are made. Rates remain steady at
par to Sc premium buying; selling at
ftgsc premium. Occasional bank &C
eommodations are reported on good
mercantile paper or collaterals, and we
are assured that any merchant of good
standing can meet with such immediate
assistance as Is necessary to enable hinl
to afford relief to planters until the crop
comes In. We are pleased to record,
however, that calls are much less fire.
quent than might be expected after two
or three years of bad crops and disap-
pointment.
Gold opened In New York at 148e and
declined to l46}c at the elese. Oar deal
ers bought early in the day at las, but at
the close were not paying over 144c.
Selling at 145C9l46c.
The New York stock exchange quo
tations at noon to-day were Is fol-
lows Ftve-twenties, coupons Of 'sl,
l58 do 1872, l4s do 1874, 100 do '65, l2s;
do new issue, So; do '67, 81; 1O-405,
coupons, 9. Old Tennessee bonds, 644
new do, 63t
City bonds were scarce to-day. The
holders who would sell at soc have, we
think, pretty well sold out, and all now
upon the market are held at something
higher. A few lots, we suppose, could
BE- bought at 51e, but it Is questionable
whether any amount could be found at
that. The fluctuations in the market
are not calculated to help our city credit,
and We would like to see all these bonds
in the hands of those vino can invest
in them permanently. Memphis and
| Charleston stock remain about as ytster-
| day 200 shares which were then held at
s3e are still unsold 500 shares additional
we're offered to-day, but the holder asks
$40.
City Scrip is weak but offerings are
light. We heard that banker offered
to sell $1,000 at zoe, but there were par
ties on the street offering zoe freely. |
Selling by dealers in small way at
73@75c.
County Warrants are quiet. Buying |
at 5095Sc. Selling at 55S55e.
Police Scrip firm and in demand at |
soc. Selling at 85c.
The Liverpool cotton market at the
opening to-day was firm Uplands, 100 {; |
Orleans, 104d-and was firmer and more |
active at the close, with quotations IN.
changed sales Is GOO bales; weeks sales
So, 900; for export $4,000; to SPECTATORS
5000; stock on hand 577, 600, of which |
900 are American stock afiost 49,
900 bales, of which 1000 are American.
The New York market opened quiet !
but steady plands, 29lc; Orleans, 3O9c;
Good Middlings. 3Sc-and closed steady
and less active, with quotations IN
changed.
Among the sales in this market were
two bales Low Middlings at 26c and one |
bale Ordinary at 20c.
MEMPHIS, August Il, 1858.
Editors Memphis Appeal:
It is with surprise that / read notice
in the AUdldHche offering a reward for
the first bale of cotton from the State of
Mississippi. Why this discrimination
The good book teaches us that charity |
begins at home. / think that ene5ur-
sgement should begin there also. My
patronage and influence will be for those /
who encourage extra exertiOns in Ten
Dessee. COTTON.
COTTON STATEMENT.
9 & 1agH1s o I, G0a[E 35 Tsts
stock on hand Sept. l, 1885,. ............ I,OsO
Received to-day .....-..........-....-...
Received previously l2O 2 I2I
@4,2Ol
Exported to-day. ..-......................
Exported previously 2e3 l69 z53 l6e
stock on nand.....-................ @
This Was rather dull day in the gen
eral and money markets. The local |
packet from White river brought in the
customary amount of orders and buyers,
but the former were mostly small, while /
those who came to purchase in person /
did not take hold, but generally deferred /
their purchases until tomorrow, as their /
wants are light and easily supplied. The
demand for begging is improving, while
ties and rope are also in request, but as
yet people are somewhat undecided
which to prefer. There has been some
shipping demand, for day or two back,
for corn end cats, and a steamer which
left yesterday carried to New Orleans
several hundred sacks of each. We no.
tice that fruit has been going south for
some days. A st. Louis snd Vicksburg
packet passed down with large lot OF
apples for the Southern market. Hay is
scarce here, and has advanced in New
Orleans, so that several lots intended for
this market have been carried by, and
what little there is in market is held
very firm.
The following are the retail prices of
fruit in Chicago, as taken from the
Times of the 18th:
Peaches are still brought from South
ern Illinois, and are in but moderate
supply at 81 5092 so per box; apples,
SOC per peck pears, from Alabama, Sl@S
per box, as to quality; grapes, from
Southern Illinois, 20925c per pound
watermelons, from Indiana, 10000
each; muskmelOns, 20950c each sweet
potatoes, from Louisiana,Sl % per peck
DiSckB eEIIe-' 10y per quhAt WHOElioD6i-
ries, zoe tomatoes, 15e per quart; egg
plant, zoe squash, 25@30c for marrow
and &c for summer; corn, I5e per dozen;
cuoumbers, &c each, large, and Is cents
per peck, pickle size; potatoes, 45e;
onions, 40e; beets, SOC; turnips, 4Oc;
cabbage, 5@l0c per head.
BRAN-Steady at SCI on levee in
lots.
BUTEER-Stoekf fair. Choice, S594Oc.
BACON-Stesdy, with fair demand.
Clear Sides, 1S@1S4c. Shoulders, 14@
144c. Breakfast Bacon, 19@191e.
BAGGING-Light jobbing demand.
Todd's, 189l84e. Kentucky heavy, 233
(926Ac. India, 26@27c.
CATTLE = Small supply. Choice
beeves, 64(G74c; inferior, 3@5c.
CHEESE-Prices nominally 14@17e
for W. r.. factory and E D., =.
COFFEE-Firm at 2392To for Rio;
Java, 4l@43c,
CORN-Fair demand at SOC on levee;
$50 in store.
CORN dull. Fresh at
mills, 81 40; on levee, "a so; and in