Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-10-31
COTTON.

Fetie press. In the face Of an accommodation o
facts tending to confirm the reports OF a de
creased crop, she IS in receipt Of fully BOG
bales OF cotton up 10 date more than for tn
corresponding period last year. Cotton i
coming from counties in Mississippi that have
been sealed TO Us since 1861; and North Ala
5ana, on account Of the cheapened freights o
the Memrhis and Charleston railroad, is be
ginning to show US that she, too, remember
the days o. auld lang syne," when Memphis
was regarded as the only and natural outlei
for her produce. But frOm Arkansas we arr
receiving, \ are 70 receive, the greatest &C
ceSsion TO our cotton trade The completion
OF the Little Rock railroad has already beer
felt a great blessing 10 US. The receipts Of cot
ton by that artery increase every day, and
promise TO grow better as wear succeeds wear
and the railroad system OF Arkansas Is ex.
banded and the now waste lants are settled
up. i the West. Is now our ~vatchEord. To
the West. where the yield OF cotton Is large
4 where settled communities invite and long for
communication with Us From this West We
are 10 receive in the future hundreds OF thou
sands OF bales OF cotton and produce, such as
will lin us to position second 70 no city In the
Mississippi Valley. Up to date we have re-
Il ceived 6i.$s3 bales, an increase OF 1858 bales.
as compared with the same time last year, and
priees fnLy - cents better. Our market
during the past week has been steady, the
fluctuations IN prices not exceeding =
cent either way. On TUESDAY we reported
the market OF Monday a shade steadier than
Rtthe close. The inquiry was brisk during the
entire day-abOut 1870 bales changed hands.
| The market held out firm during the day al
aboR the same figures it closed on Monday
6NELA16 hGkNLt LAI an IL AANEL-
pool dropped this morning l-l6, and closed in
| the evening fiat. The market in New York
opened unchanged and quiet, with ~niddling
al lsHl end closed al the same. In New or
leans cotton was quiet but steady, middling at
is, a slight decline. On WEDNESDAY we
said: AbOuteP m. yesterday evening, the tele.
/ graph reported cotton In New York firm. mid
ding al lsAc, and after this hOur s. bales OF
stricI mlddling was sold at lS{c. The market
opened here this morning weak and but little
inquiry. Sellers were not anxious 10 sell At
prices offered by the buyer, and out OF the
number of factors who sold yesterday, one
hall was out OF the market to-day; hot, not
w~ithsianding this, 1880 bales charged hands.
Cotton In Liverpool opened dull; middling up
lands, sd; Orleans, esd. and closed heavy
lands, ST-l6d; Orleans barely 9u-l6d. In New
York the market opened quiet and closed
heavy, with no positive decline in quotations.,
hut sales were effected At a lower figure. Mid
d1ng in this market sold for E5zc, to-day I7Le
Is the price On THURSDAY we reported sales
Of 2O bales o fcOttOn, and a better feeling. In
fact, in this market there was an Improvement.
al least Of &c on all grades. Low middling, thst
was held yesterday st rs and could ind
40 salt Wa IeSuIy plcheu up al those
ngurest and WhiieWe quoted mlddling at
IL TO l5zs, we quOod In the evening at 49, 10
ia. The market IN Liverpool opened outlet
and closed strong at unchanged prices. In
New York, cotton opened quiet, and quota
tons unchanged, and closed easier
On FRIDAY the market lost what 1t gained
the day before In price, and closed dull on a
basis Of middling at III TO I7sSc, the latter be-
ing the extreme outside figure, the sales Al
TINS inquire being made IN the morning. Fac
tors report this as the dullest day OF the sea
son. SELLERS were not frightened. and give way
only when concessions were made. They were
confident that prices would be better IN a few
days. Buyeu did not seem anxious 20 buy. and
only bought on CONCESSIONS: In fact, the mar
ket was dull and heavy. Adding 100 bales OF
100 bales. o a sATURDAYS pG f5e 70
ket opened With no Improvement on the
day before. Buyers Were perfectly In
different. To illustrate their position, a seller
remarked 70 US that he had but one call from
buyers, and for fear he should not have an
other, be sold; however, the market was nat.
I9se ths same cotton he was offered on
Friday, I54c. This Wa the dullest day Of
the season, and sales lighter than any day
did not exceed 200 bales, and those were
made only when factors were extremely anN-
ious to sell. The market closed dull,
with middlings at r%c. low middliugS, Tkc;
MONDAY to-day, he N Tket Ope 1sd WHY
dull and al prices otSSt1rd " out stout noCh
dispatch from New forE brought an advance
oth, which mafethe feeling better, and eve
raj transactions were made readily at SaIur-
Days prices; and again, att SPIN. anotHsr ois-
patch brought another =. making a ~. &C
Vancs for the day, and factors we 9 IA he
soirlts There wsfesever2l prominent factors
who sold on this market while several were
morning there was but little dore; the bulk
of the sales " re made IN the afternoon.
Should the receipts continue good through.
looked for. The sales to-day foot no 2sO8
bales, as follow: e. strict mfddline, 10: s.
middliDg, rs; . good ordinary, Il; IS low
middltpg, IA strict good ordinary, I71S;
81 strict low middiDg. IgE: GO strict good OF,
dinayy, IL los strict mlddIing, l7s4: p low
midosqs, ~ s. 10y middllng, ~; 50 mid
dtcg ff%; 81 bright middliBg, ~: 9 COED
middling, - Is midd'fng ~; 4s low 1id ling
III; 81 good Culinary, 49, 10 low middIne. !
rs 10 strict Stidling. Is4i 60 strict low
middling, ~; "a E2ed Ordinary. l8A; 46 good /
ordinary, Il; s midc1tng, TX; II low mid
ding. ~ y good :orGsqsFy, y: q Low mid.
ding, .l71S; 9 strict ~ordf2sry, II; rs bright
mlddling, u: = m1ddling, T.; l04 SJrict low
mtddling, H5s We append quotations IS
follows: |
Low middnr al7h |
Nhuullhs - al p |
stree mlddnng .. 1864 50 |
0OO1 hA41iluF 4a.-..... !
The inside nEare WIS what toe msrkxs
opened AZ aud ruled during the day. ThES
o1sside hgure asked n the evening and re- /
slz ID in a few instances
In New York, the market opened barely
steady, middling al ls7s, and closed with mid
Ia Liverpool, cotton opened quiet; uplands. |
VS. orleans, ~, and closed steady with sales
OF HOO. Receipts for the week are 49, Us bales; |
IA 5l received, 1865 shipped, 500 sold the pre-
vlous week, aud ISIS received, g7Sl shipped, |
and 600 sold the corresponding week last year. |
The following is the comparative daily state
MAEAka !
Receipts ISIS
same day last 420
oAtPpeQ to-day $3.50 /
same day last 3.46t
stock to-day 1857 4
Last 9,949
Total receipts to 81 30 |
sAMs Lllne LaSL 46.b1s
total shipments TO ate.-----....--.-...... 52,92l
same time last 1855 /
Last year at this time middling here was
tt74ei IN New York Il1sG gold, ll55i uplands
Ia Liverpool s. 10 ID.
Cotton Statement
The following is the cotton statement to
date;
CHANBER OF OcNNEEoE,
stock. Septemoerl ], ls7l---.--. 2,Ts
since last statement. 2s23
preyiOusly.--..-.-- 5s,59-6l,Ss2
G,85
sAlPpea sinoel last statement. - 8.sS9
shipped previously --...-.-----.--. 4s,O5-52,2l
stock 81 noon to-day----...-.-...- l0.61
nPoRTs.
Memphis and Charleston ~ailrosd------ G93 l
Mississippi and Tennessee raflroad---.. 400 1
and Ohio railroad. 2l
and Little Rock Railroad .-.......... l65
Estimated pei wsgons----------..--- go
KxPoErs.
Memphis and Charleston raiIroad... AS 1
Memphis and Ohio railroad 1888
oleamens -
1856
Cotton in New YOrk.
NEW York, October 80, 10 a-m.-The market