Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1870-06-07

OF zGlc under New York rates, with
small transactions.
COTTON.
During the week the staple has ruled
steadily and inactive, opening dull last
"Wednesday with the New York and
Liverpool markets lower. Our factors
were firm and declined selling at reduced
prices, and a respectable list Of Middling
could not. be purchased at any time for
less than 2IZ to DC. At the close of last
week the tone was frmer and DC was the
asking price Of Middling. Small pick up
lots Of course ruled lower and p to ZAc
? was frequently reported but round lots
commanded full figures. Sales daring
the week wers higher and less than a
single days transaction during the active
season. Buyers were unwilling to 90 in
unless at concessions. The inquiry on
Saturday and to-day was more active than
Al any period since u last review. Sales
were small owing to hrmness among
holders. Sales foot up to 1850 bales
against 2245 last week, and zoos the week
before. Receipts for the week were 26l4
bales, against 6Z7 for the same week last
year. Exports were 1907. against 347G bales
for the same week last year.
The market to-day was somewhat ac-
tive, with a fair inquiry and few sales
owing to the continued strong feelings Of
sellers. Nothing was lone in liverpool
ewing to Whit-Monday being observed in
England as a holiday. New York was
HavN and declined to 22Lc. or sales re-
porteGtin this market 81 bales, Ordinary,
were at Ice ; Y do, at I7Kc; IS good Or
binary at l9s IS Low Middling. at Bic;
50 strict Low Middling at pc; S Middling
at 2l15c and 25c. Inferior grades at from
I21z to l5JZc. The price of Middling was
set down at 2lH to 2lZc. The market
closed inactive and weaker.
The total visible supply Of cotton in
the world at this time is l,57l, 1896 bales.
This includes stocks in Liverpool, Lon
dOn, Glasgow, Havre, Marseilles, Bremen
and The entire European continent, to-
gether with stocks in American sesports
and inland cities, and the amount at sea
4EDn AlArEA-aH AANAa h4lA DAaLAT EoAA-
pared with last year at the same date, the
excess is l55, 56g bales-the total visible
cotton then footing up I,4l5,S27 bales.
Since the lst of January shipments from
Bombay have been 349. 900 bales, a deficit
compared with last year Of 209, 900. Ac-
cording to latest advices the receipts there
have been large, and the amount on ship
h-.-T an -. 1900 - 1aat $50 T. -
therefore believed that future shipments
Will show a corresponding increase. 4
considerable portion of the Bombay and
Calcutta shipments have gone to China to
,uase up the deficit there. European i'm
polts from India show a falling of of $780,
600 bales. which is more than overbslanced
bv the increass from America. The con-
dition Of the crops in India is reported bad,
and the fly, boil worI2, bad weather and
all the evils that befall cotton here, had
had effect upon thefproductiOn, which i'm
dictates a material falling on from last
years yield. 1t is to these causes that are
doubtless due the fact that prices
have been 50 well sustained in this
country. In Liverpool at the la
test reports the general sLOckk was
coo. 900 bales. The stock in port and at
sea for Liverpool gives a visible supply
for that port OF 9O9, 900 bales, against !, O23,-
80 at the same date last year-a decrease
This season Of IA $50 bales.
Receipts at New Orleans since Septem-
Der LIST to Saturday last we're l~,l6O,279
bales. The receipts exclusive Of the ar
rivals from Mobile, Florida and Texas,
were L,O99,3I4 bales, against 1854 bales
10 the same date last year. The increase
in receipts at all ports up TO the latest
dates, as compared with last year, is 1885,
go bales. In the exports from the United
states 70 foreign countries, as compared
with the same dates last year, there is an
increase of 35S,525 bales to Great Britain,
los, 542 TO France, and 1853 to other for
eign ports. The total foreign exports
from America since September LIST foot up
I,945, l53 bales, and the aggregate receipts
since September LIST are 2,72s,723 bales.
The total stock on hand at this time is
ZS5. 900, against lI2,64l at the same time
last year. 1t is expected that S., 900 bales
will yet reach New Orleans before the
season closes. This will swell the total
for the year at that point to 1 100000 bales.
COTTON STATEMENT.
CHAMBER OF COMMENCE,
MEAPELs, June q, 1870.
sSoeR. Ssus, l, 1883. -........... 81
Red since a. statement. AS
Received pnsvioT sly -ZSO, 396-2sO,s4
|
zSO,93
Shipped since last as'm'n: 5l3
Shipped previously -zof,h'f
stock a. noon this day. Is, l6l
Memphis and Charleston r. R.. 100
Mississippi and Tennessee r. R.. %
Memphis and Ohio R.K.-----....-.-. ~
bb6auers.-..... ...4.. ss.s.....s A@o
wagons, .s..sss.ss ~
Memphis and Charleston r.. R.. SO
Memphis and Ohio r. R-............... 10
Steamers z4o
COTrON IN NEw YORK.
New YORK, June 6, 10 a.m.-The mar
ket is dull and somewhat heavy. Sales
2lS8 bales; receipts 2375 bales, here ll44.
A-Hs.a- HE.. Ean1 nHNamuwn VNlEr-