Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-07-27
MEMPHIS APPEAL
FINANCIAL AND COMMERCIAL.
OFFICE OF THE DAILY APPEAL.l
n. IpQg

I Il
street, we are indebted for the first cot
ton Of the season. It came to US in the
shape of large, well developed open bolls
from which the flsecy article peeped
forth in all its snowy purity. 1t certain
| Iy is the first Of the season, and augurs
an early picking upon the plantation of
/ Col i. g. Galloway, Of Glascoe, Bolivar
county, Miss, from whence it came. III
we are not mistaken, the first open cot
ton boil Of last year was placed upon our
table by the same gentleman who pre-
sented US with these.
Mr.. r. G. Daniels, of the Metropolitan
Bank of New York, left last evening for
his home in that city.
Mr.. EVeritt, of the firm of Bsyliss, Ev-
eritt & Co. of this city and London, was
recently called upon to stand for Parlia-
ment-it being the second call-but de-
clined the honor on account of business
engagements in this country, embracing
direct trade and immigration movements
for the South. The following compile
mentary letter we take from the Bed.
fordshire Mercury:
BEDFORD June 20, 1893.
M Dear Sir: At the last general cleo
ton you were invited to address the cleo
tors of Bedford on the great political
questions of the day.; and at large and
enthusiastic meetings of the constituency
you were accepted as the second Liberal
candidate for the representation of the
borough. Having presided at those
meetings it has been suggested to me by
many of the electors who on that ocea-
Z - rvsuv Nt,1.,-
hearty support that you should be asked
if you are willing, on the dissolution of
the present Parliament, to accept NOM
ination as che of our representatives in
the New House of Commons. ] there
fore, on behalf OF many friends, submit
10 yOu that question for consideration.
am, my dear sir,
Very truly yours,
JAMES COoMBs, N. D.
John Everitt, Esq.
Mr.. Everitt in declining to become
candidate owing to his engagements in
this country, ETC., suggested the name of
another party, who was waited upon by
the committee, and chosen as the Lib
eral candidate.
The regular monthly meeting of the |
Chamber of Commerce will take place on |
hOIuAg hNAAf anu ~ 10 Va blC GlAuOSk
portsnee that all members should attend. !
The different committees appointed at |
the last meeting, will make their reports. |
Every merchant in the city is directly |
interested in this matter; aud now that |
we are upon the eve OF what promises to |
be prosperous business season, we hope /
that they will spare enough time to be |
present at the meeting on Monday.
Exchange is steady, both buying and
selling with tendency to more liberal
offerings. Eastern is taken at par to |
premium selling at premium. North
ern and Western cities sold at / prem.
Banks and stocks are nominally the
same as at our last, though the heavy
offerings Of city bonds has broken down
the market, and to-day buyers could not
be found at 54@553.
City scrip is quiet at 74@75c buying
selling at 7S@S0c.
County warrants dull to day; buying
at SIG soc; selling at $4,000.
Police scrip zoe buying; selling at 75c.
Gold in New York opened at l43!, but
went up &c and remained
steady until the close. We quote at 14l4
@I42c buying; selling at l42l@l43. The
noon New York dispatch quotes rs
follows: Coupons of Isl, 153
do 1872, lag do '64, Ils; do '65,
l2l new issue, 81 do '67, 8! 1O-4O5, 81
7-3Os, % and 81, IO9; new Tennessees,
81 old, 6S; Governments strong.
In Liverpool at the opening to-day cot
ton was quiet; Uplands log, Orleans 100.
This was the only dispatch received from
that market. The New York market at
the opening was dull and nominal. 1t
was tending downward at noon, and
closed dull with further downward ten
dency. Low Middlings 29ic, Middlings,
Bose; other grades unchanged. Sales,
$50 bales; weeks receipts, 795 bales
gross, 1855; receipts at all United States
ports, 1000 bales; stock, 1900 bales.
Our market was astonished by bale to-
day. The largest list we know of, and
for which 29lc was recently refused, was
sold to-day at 29c. It embraced forty
bales of barely Middlipgs. This was the
only festure in to-day's market, and the
robs the balance of the sea-
son Of all interest there being nothing
eft to sell.
COTTON STATEMENT.