Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-07-11
HEMPHIS APPEAL
FINANCIAL AND G0MMERCIAI.
OFFICE OF THE DAILY FPRAL. !
n glspll a lIIlu 10 laao

OFFICE OF THE DAILY FPEAL.l
MSHPEIss July 10, 1883.
Gan the world and the rest of man
kind y were cut last night, and the ex-
pressious Of qualification which went up
from lips long silent politically, we hope
augurs more cheerful state OF affairs
aIl over the South. There is certainly
q stronger feeling in reference to South
ern securities than existed even day or
two ago, and the demand for them from
the East proves that the far-seeing capt.
talists of that section 81 least have con-
fi6ence in the future of the country.
Memphis city bonds are especially in
favor. A letter from President Davis,
Of the First National Bank, who is now
in New York, speaks In very f1attering
terms of these bonds, and thinks that
they are worth more there than in this
markes. A lot of SIC, 900 was sold to-day
at SIC deliverable on the 25th inst. An
offer Of 5Sc was made for another SIC, COO.
The party had but $1,000 which he let go
at that figure. A large humber Of the
bonds are ready for the Mayors sigma
ture and will be paid out when that gem
tleman returns. As they will not be put
upon the market, but held as an invest
ment, prices will remain firm and posi-
bly, advance rapidly. In other bonds
and stocks there is nothing doing owing
to the light offerings. We quote Miss.
Central, 1st mortgage bonds, 5Sc; ID do,
40c Miss. and Tenn, 1st mortgage, SOC.
There is no Memphis and Charleston
stock upon the market; s5e was offered
for their bonds, but refused. Mem
phis and Louisville 1st mortgage los we
quote nominslly at SIC ID mortgage Is,
20c Memphis and Little Rock bonds
are dull and nominal, an offer Of doc,
however, for their bonds was rejected.
Gold advances steadily. 1t opened to-
day in New York ct 1404c and closed at
1405c. A small business only is being
done in coin in this market. We quote
buying at 13S to 1896. Selling at I4O TO
Ale SO TO amount.
The following are the New York quo
tatious on Governments: Coupons, ISL
1874; do 1872, 49, do '65, III; do new
issue, So +; do '67, S.; 1O-40s, q 1905, ID
and Sd, s.; Old Tennessees, 70; new do
-693.
City Scrip is quiet. Buying at 75c.
Selling at rs to Soc.
County Warrants are daily declining.
To-day the market was heavy at 55e
buying. Selling at Soc.
Police Scrip weak. Buying 75e. Sell
ing at Soc.
From Messrs. Partee 6 Harbert. of No
IA Monroe street, we have received 3
welcomed and very healthy looking
cotton boll-the first we have seen this
season. 1t was taken from the plants-
ton OF B. F. Harbert, Esq, below Sun
flower landing, Coahoms county, Miss.
Cotton was quiet In Liverpool at the
opening to-day. Uplands, liz to Hid.
Orleans, III to 11sd. At noon the mar
ket was duh, closing quiet and steady,
with quotations unchanged. Sales TO-
goo. Weeks sales II 600, of which TO-
600 were taken for export, and 5000 by
spectators. Stock $50, 900 of which 34I.-
GOO is American. Stock afloat 112, 600
bales. OF this amount 25,OO0 is Ameri-
can.
The New York market was dull. Mid
dlings, 324e early in the day, and closed
quiet and weak. Middllngs, 323 to S25c.
Other grades unchanged.
There were no sales In this market.
A lotof4 40 bales Low MiddIings for which
29c was refused, is held at zoe.
CHAMBER OF CoaHERCE,T
MEMPHIS, July 10. 1898
stock on hand Sept. 1, 1887. ............ LOGO
Received to-day ...-..------.....-.........-. Is
Received previously 924 252 y87
a540I7
Exported y--....-..-...................
exported sos 25S, 500
Stock on and..--.........-...........-..... Sos
Apples sre in demand for shipping pur-
poses at 81 50 to 2, so per barrel.
Wheat is firm. Inferior, 81 so to 81 so :
No. 2, 81 S. to l rs; No. I, 81 IS to 81 so.
There is an active milling demand for
all choice grades Of wheat at full prices.
Mess Pork is held higher, though some
parties sold at lower rates than they can
duplicate at. a sale occurred during the
day st S2S so, which was claimed to be
full weight. We quote at 500 to % so, gen.
orally holding at outside quotation. Prime
Mess, SIC so to %; Bacon Clear Sides.
l74c; Clear Rib, lie; Rib, I65c; Shoulders,
I3t to 14e; s casks plain canvassed Hama
sold during the day at 17c. We uuofa
in small way at 49,; Sugar Cured can
vassed, % to 2lc. Lard 49, to I9e in
kegs; Is to Isle in tierces. Corn is firm
at 923 to S3c on levee; 95 to CSC in store,
Oats scarce, none on levee. We quote
at 75c on arrival, 50 to s5c from store.
Bran dull at So to "a. Hay higher. ST.
to Is for prime. Meal firm at
81 40 to 81 so for fresh; 81 so IN
81 75for Kindred; small lots are held
higher. Old chickens, 81 tod 50; young.
81 to per doz. Eggs, Is to. zoe. Flour is
dull. A lot of new Fancy, made ST Pa
dueah, sold at s13. We quote at 81 to IA
including all grades. Potatoes dull, only
local demand. Selling at so to
75e per bushel, or s. % to 2 so per
barrel. Butter is firm at % to
30c for choice country and Western.
Cheese dull-Priees range from I34 to Tic
for good. Coffee is quiet, with fair
stock; Rio, q 70 261e; Java, SO to 42c. Mo-
lasses firm; Sugarhouse, ia barrels, Soc to
soc; half barrels, SOC to 81 20; kegs, SO
TO 10 so. New Onions, quiet at So to g so
per barrel. Salt steady; barrels, So 90;
sacks, 50 IS to 8; Dairy Salt
per barrel, 81 90. Tar in kegs per
dozen, IS rs to 90. Sugar firm; prime
to choice Louisiana, Is to lsc !;
fair, IA to I5e; Island Sugars, 10 to
Ice. Tobaeeo-lugs to common, S to 12c !;
selections, Is to zoe; fancy work natural
leaf, 81 90 to 81 Is; bright pounds fancy,
81 to 81 Is medium, SOC to 81 common,
SO to 75c; smoking, fine and fancy, 81 to
81 25; common, IS to Use. Whisky is
dull and nominal. We quote at SOC to / %
per gallon for common, in a small wav.
In the cattle market we have no
change to note; choice beeves are dull at
5 to 70 gross inferior, to Ate. Hogs,
to DC gross. Sheep are very duh at
81 90 to 90 per hesd in lots.