Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-05-16
FRANCE AND TRADE.
@ae@4
OFFICE OF THM DAnEV AFRKAn,
MEMPEIs, May Is, 1871,
COTTON

The week closes upon q market aoent anda
half bettsrUhan that Of ths week previous.
with an increased demand. and q failing
more buoyanJ shan has prevailed during
toe season as any time. The same may
be said Of the general market, which re-
mains stationary az TO price, but sotive as
10 sales and inquiry. We revisw the cot
ton market tor the week as follows. On
TUESDAY, The condition of the other
important markets hsd the effect to
strengthen factors here, sud an advance
Of about 1Sc wss asked, but not readily
obtained, ever on Ch0ics lists, quite q
number of which were sold during the
day. Buyers were ont IN force esrly in
the day. many having favorable replies
to kilograms sent yesterday concerning
different tables, and all we're anxious to
nj up sc rapidly ss possible. sales
exceeded 400 bales. Middliugs I4sfc. On
WEDNE8DAH, as q general rule, factors
asked higher prices, bur, finding that buy
ers would not CCme 10 their terms. were
compelled 10 meet the demand st previ-
GUS rates, excepting on even running
lists which were few and far between,
but on which factors were drm and main
tanned prices, Notwithstanding that East
ern markets were duh. Buyers seemed
to think that factors, knowing the pres
ence of some very respectable or
ders, were inclined TO bull" the
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did not invest as heavily as they would
otherwise have done; ss it was, the de-
mand came principally from spiuners,
only two Liverpool buyers being repre-
senUed in the purchases, Sales were "a
bales. Middlings 1880, On THURS
DAY there was a brisk demand early
in the day, buyers having riders
60 III had ~ iutimatiOn Of the
prospects of to-day by their dis
patches last night and were out in force
bright and early picking up everything
that came IN their way, Toward nOOn, /
however, sud ever before that time, fac
tors advanced prices 70 correspond with
the advance in Eastern markets, but were
a little slow in doing so, but few having
realized the advance, as the sales viii
show. Transactions Tor the day foot up
$500 bales, being the largest sales made in
one day for nearly two months. Middlings
l4Hc, On FRIDAY buyers on foreign
account, as well az spinnsrs' agents, were
in the market early to-day. TO MI orders, I
but reported that the market was nearly
bare Of desirable grades. Factors we're
busily engaged IN asserting samples, and
we're rather Indifferent 8s 10 sales, uuless
their prices could be obtained. Sales were
800 bales, mostly in small lots, and COM
priEing only two or three lists. MiddLiugs
l4Bc. On SATURDAY factors here
followed closely the advance in
New York. and were firm, refusing
the slightest concessions Buyers on
Eastern aCcounJ were in the market
early, and gresCilY tool all That was Of
f6reC during the day at anything Ike
fair prices. Sales foot up ll22 bales.
MidClings I5c. To-day lMONDAY) buy
ers here were out carly and many sue
Ceeced in purchasing sufficient TO COM
pleta their orders before the reception of
the y N. dispatch from New York, an
nOuncing the advance, while others were
compelled TO buy st higher rates to make
Factors were not slow IN fol-
the advance ia other markets, and
sl5hOugh7the offerings were limited, many
realized full prices on small lots. Sales
Wers 400 bales, including a Lsb of over 100
bales averaging % MidGling l4ZG, 10
Low MiddliuE I4ZC, 2 MiddliuE
I5Mc, IL do l5c, 2 Strict Good Ordinary to
Middling l45zG, Is average o Mid
ding l4Zc, 81 Strict Ordinary 1880. 70
Ordinary TO Good Ordinary I3hc,
Middling, good style, l53zc and Is
Strict Middling l5%@l51c. Receipts
were Sl7. Shipments, 1852. Stock, 1859.
New York opened steady at 1890 for Mid
ding. and almost Immediately afterWard
bulls" put prices up fully &c on all
grades, to compel those "shOrJ" for the
first half Of May 10 " ct the advance,
which they succeeded in doing, when the
again declined TO the opening rate
4A4 a44GAA AAAaAH LAD -AH4AB-1A MAJ AaA q
was steady during the day at previous
quotations. New Orleans opened aCtive
81 higher rates, and closed steady, with
the dvanC fully maintained.
The COTTON movement st al the ports
exhibits a falling on In receipts
compared with last week, but still COnsid-
cradle excess Ovs last year. The receipts
were as 665 bales compared with 81 the
previous week, and $4,000 for the CORE
spending psriOd last yesr. The total at
al Eha ports since September 1 is now
ga I'll Haies, against 2.675,5O0 for the
corresponding period last yezr-an in
Of $50 2ll bales, or 80 per cent. The
exports from all he ports for tbs week
were 81 $50 bales. OF which 65,745 were to
Britain and 3l.62J to ether foreign
ports, sgsinsr So. 745 last week and Az 26
last year. The total exports since Sep
5emaar / are 274S 7O2 bales compared with
s3e OPS last yeaf-sn increase ot 909,636
Stock on hand 4lL,507 bales,
sKsiust 3}3. 600 last year. The receipts az
and exports rom all the ports of the
United States since September 1. COM
pared with last year. are shown IN the
table:
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