Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1870-06-03
COTTON.

Sales to-day footed up $50 bales, on a
basis of 2IZe for Middling. The market
was inactive and buyers indifferent, con
sequently transactions were confined to
small driblets. Low Middling was in re-
quest at Gle, though the sales of this grade
were few. Most of the cotton offered is
mixed, stained ond lower grades, and IN
suited for tho orders now on hand. A few
bales Of Good Ordinary sold1a at ISe, and
some Stained at from IG@Isc. Strict
Middling commanded 2ke and Good
Midd!ing 22Lc, though no transactions
were reported in either of these grades.
The New York and Liverpool markets
were reported quiet, and, with u own,
was steady throughout the day.
Mr.. A. S. Wolcott, one Of our principal
buyers, and Secretary Of the Board of Bro
kers, departed for the North yesterday,
to be absent several months.
Mr.. John T. Stockley laid on eur table,
yesterday, a bunch OF green cotton stalks,
more than a foot in length and well fur
nished with Iull formed squares. The
plants are strong, vigorous and well
developed, and indicate that the crop viii
be a large and valuable one. From the
appearance Ofthese stalks, as well as from
information derived from other quarters,
there is every prospect that we will have
the pleasure of marketing a large yield Of
cotton next fall. In view of the fact that
the production of India promises to be
much less than was anticipated, there is
every probability that even if our grow
ing crop DOTS up four million OF bales, as
many anticipate It viii do, yet our plan
tiers will realize remunerative prices for
their prolific yield. This is all that is now
required TO put our agricultural and mer-
camille community in an independent and
good financial condition. We return Mr..
StockIey our thanks for this evidence Of
the promising condition of the growing
crop, and trust that the brightest anticil
pations Of the planter may be realized.
COTTON STATEMENT.
CHAMBER OF CoMMKRoE,l
MEMPHIS, June 2 1870.
Stock, Sept. l, 1866. ........... 81
Reed since last statement. so
Received previously -.279, Sg3-ETs, Us
298, g07
Shipped since last sta'm'nt 90
Shipped prevIOusly..-...... 265, S20-266,040
Stock at noon this day.. IS,767
PoR -gr
Memphis and Charleston r. R .--. 20
Memphis and Ohio RailrOad.....-.. b. us
Mississippi and Tennessee r. R.-..... 65
6beamers.-.-... y
NeE9ns, 40
EXPORTS.
Memphis and Ohio R.R...--...-........ go
OTT IN NEW DIRE
NEW York, June 2, 10 amor
binary, ISLc; Good Ordinary, 2O1kc; |
Low Middlings, 2I1{c; Middlings, 22Kc;
Good do, 237Sc. Market very quiet and
quotations ROMAN unchanged. Sales, |
$40 bales; receipts, ls05 bales ;lhere, 1851
bales.
4 p.m.-Ordinary, 1870: Good Ordina-
~, pose; Low Middlugs, 2IAc; Mid
dlings, 2lzc; Good do, 237sc. sales 10
~spinners, 1865 bales; speculation, 80
bales; exports, l05b bales; also, 100 bales
for June, 2IZc; 100 bales, 21%c; LOO bales
for October. 19Ke; COO bales for June,
2lkc; 700 bales, 2IZc; 500 bales, 2lEc; /
zoo bales for July, 2IEc; 800 bales, 2lHc;I
800 bales, 2lEc: 200 bales, 2I%C; 200 bales |
for October, lgHc; heavy. |
COTToN IN LFyERPOOb. -
LIvEEPooL, June 2, Tpms--Cotton
quiet and unchanged; sales 10000 bales;
uplands, l0EMZd; Orleans, I05Edlld, Il