Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-11-28

4 Only 61o,44i DAle6, 2liQOlRu me lOlhl CrOl
reached the enormous figure Of 4y352s8H bales
Thus the receipts to November 9TH, on 8 crol
of a little over three millions OF bales, wer'
SEag a2g Ss.I 5sss ,o than and ias 5sssiP milf %
This proportion OF receipts 10 total crop viii
hold good mp 10 the end OF the year. Up e
Are ~ rs bales This Is I'll mat the f@acflitfe.
for preparing and forwarding TO market ena
bled b eplanters 10 accomplish It is no in
dicatiOn Of the extent OF the crop. III season
has not been as early or as favorable for pick
! Ing forwarding as last season. This nay
cause the receipts az the end OF this year |
| show a marked falling OF from last year. But
Il viii be after the FIRST OF January when We
/ may begin TO see evidences on which 70 base
/ calculations. Then and more especially. al
| ter January and February, If the crop Is a
/ short one, The falling OF of receipts will begin
20 disclose the fact 1.-THE crop is alarge one
that Is approaching 100000 bales-the receipts
viii continue large, and continue so during
all The spring and summer months. II the
crop Of 1871 does not prove a short one COM
pared with that OF lS1@ then there Is no reli-
ance 70 be lplaced on facts and indications
po nung that way during the entire growing
season. and We must be at sea hereafter In AL
such calculations. There has been scarcely an
element in favor Of a large yield. There have
be a an unusually large number ofiEhnences
unfaYOrable to Ii. II the crop exceeds three
fourths OF that oflast year, 1t will be because
ductiOn which dshss adverse inhu-
encsS. The tendency of our market
may be gathered from the following sum
mary: on TUESDAY, there was an act
i've demand. Buyers did not seem aux
ious to buy. Factors were firm at prices
as quoted in yesterdays issue, bling unable 70
seeany reason why prices should not be as
good as hey we're the day before aud while
there were some who were willing TO admit a
weakness in the market, there we're others
who we're nrm and stin in their prices, ana
inclined to contend for low middling at l71z
TO l1sc, ignoring the class of strict low .nld-
ding but we are unable to repor low mid
ding q the outside figure. We found the
market at the close steady, and in the main
unchanged, but with "A lighter demand which
may have grown out OF the fact that receipts
this week are likely TO approximate re-
ceipts same time last year. The Liverpool
market opened steady and closed nrm
with upland at g1zd and Orleans, - to gEd.
In New York the market was unsettled, opeu-
ing STEADY" and at midday t'qutet and
weak" and closing ~"easier, but not heavier"
Cotton In New Orleans opened steady, with a
fair demand and closed nrm, with middling
at 1879. On WEDNESDAY there was an
Improved feeling. and the animation gave
improved, but there WAS more confidence, and
factors were, generally, nrm 81 quotations.
alike in the market, and while there were
concessions in some instances, factors gener-
ally realized a fair price. Many are antici-
p ting an advance OF &c tomorrow. Liver
Orleans straight out s1sd, the market closing
!" strong" In New York the markell
mtddling at 1870, and closing strong. Holders'
pretensiOns were &c better, but were not real
ized. sales amounted 70 1000 bales. On
THURSDAY there was q fair days trans
action, with a marked Improvement. Cotton
in Liverpool advanced I'D, and in New York
&c. This gayoStrength and tone TO the mar
here, and raised middIng to I75sSlSe.
The number Of buyers In the market to-day
less than yesterday. Factors were nrm
and unwilling 70 make concessions. Quite a
deal OF the cotton given below WAS
sold before the advance 10 New York arrived.
heard Of two or three lots selling very
soon after daylight. We anticipated the ad- |
vance and rHNm the nntlnnk va 1nnE rnrxunwd II
10 a still further Improvement. This applies /
70 bright cottOns, which are com |
parattvely scarce. Good middling Is in very |
light receipts strict middling Is scarce, while |
good stile OF middiing Is IN request and in |
zach null prices are and Will be realized. There /
S less improvement in the low grades, |
which are in larger receipts Ordinary to |
soOd ordinary is partially neglected. 5 les /
lo-day amounted 10 800 bales. On FRIDAY |
slYen, with m1ddlng at Its9lsc, and buyers /
we're out IN fair numbers. AT ten O'Clock New
advanced &c, reporting the market
trong, Liverpool with an upward tel dency, /
With holders pr~etentiOns higher. New Or.
stood out atlSIc. This market on the
OF the news advanced an 10 On all
ntddling, and realizing lb9lShc, There wasa
air inquiry for all grades. The lower grades
ess neglected than usual. Bright cottons
specially in demand, and tsb Is throughout /
he market were taken long before night, |
the market bare Of stock TO work on
is, factors were not prepared for such an
AEDAAAAF ALT N1LAEN hCI6 AON AtdAA 10 Il
he market. Sales amounted TO 300 bales, and
would have reached 1000 had there been the
lyle OF cotton on the market called for. We
a lively trade Tomorrow. The New
tork market opened "strong," with an Ad-
OF &c; at noon -" EASIER and closed
quiet" Liverpool opened and closed firm,
dvanced an 20 and closed firm. On
.ATURDAH there was a very fair market. /
,hough not 50 active as yesterday ~transac-
Ions footed up to 200 bales, mostly at an ad-
ance Of an &c from yesterdays quotations.
actors were Indifferent, and one factor, at d
ste hour In the afternoon, was so easy abOu,
he state OF the market that the matter of -
between him and the buyer spoiled
trade on probably 100 bales. Buyers showed
very willing disposition 10 buy wherever
1ey could get In, and advanced TO the notions
factors generally. At noon the market ex.
ibited the strongest point of the day; a fair
yle OF midddng would bring lS7ac but the
threw q shade Of weakness over the
larket, altogether In our opinion without
arrant, causing the market 70 close at foI
1ddnng io54c The Liverpool market was
throughout the day, and closed with {
D upward tendency for uplands, nully ed
New York cotton advanced an 1se, ano
osed easier but not lower; mlddling at 1870.
)-day tM0NDAY) there was no essential
lange in prices. The market opened strong
the morning al saturdays, quotations.
on uplsnds, closing strong. In
ew York the market opened strong, and
sin weak, with a fair demand The
hres6ology is somwhat COMPOUNDED, ami
hatS sT idea the roker had in thus woI d.
g his5Hsoatch cannot be exactly determined,
r II TN nSs a fair demand cotton cannot be
eak- tOers, however, were cautious
l~rOughOubA e day, aud sales did not reach )
10 bales. kAatOrs we're nrm, and anticipate
Sui further q Vance Tomorrow we look 1
T large sales, aSwe believe the buyers vii
more conld6Lc e in the market, while the
ctors generally are prepared, as we noticed 9
III tables generally. The following were
nOng the sa4es: 50 Sales low mid
lScs IL bales good ordinary, I7ke;
bales low middling, IAc; 40 bales
ng, ls1c; % bales Iowa ug, lac: 10 bales
'od ordinary, IKE 81 bad ,,ddling, Ishc
miu0i1. Z, feHc, "A ssriCt2fApdn Lsxc;
trtct low nlUdiiRg, lSo; IS stflct GOD or .
nary. lT<e; 80 middlins. ISAe; 20 strict low s
iddling lSc; u strict coed ordinary. I7H d
good middnng, fgc; 100 middling, lSHc; 81
riet good ordinary, f7szc; u strict low miu- 4
lac; Is good OIulpary, lfSc; q mid y
lSHc; ~ besrly mtddling. Il 3 ice; 20 z
mludling, iSHS; l0gOod Ordinary, lBci
any middling, ls3Eo; $50 strict Z cd ordina- }.
+, I7Hc IS strict sOod ordinary, I7sfc; A low T.,
lddns z, tx q strict m1ddlins iSh; s. r
CT Low mIddling, lSe; 8 good c%rdiaaEs, ?
40; 20 strict good ordinary T7%c; l0S shy
idaling. lshc; a bright mlddling, 1919; so
iddling, lSAci e. bright low middlins, lSc
e quote;
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