Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-08-31
MARKETS BY TELEGRAPH.


NEW YORK, August 30-Wall Street.
Gold steady, with fluctuations between
| 1l29s@l12Z. Loans were made from X
per cent. to fiat for borrowing. Clearings
s36, 600, ,000 The clique threatens to make
cash gold scarce again. The exports for
to-day were $4,000. In Government
| bonds the volume of business is on the
increase, and prices are strong, pGrtieu-
lsrly for the latter issues of five-tW enties,
The offerings of bonds at the Office of
the Assistant Treasurer to-day amounted
| to S2, 99l 500 at 112.41 to liz SO. Awards
were made at liz Al to liz 81. The stock
market has been excited and active, with
large transactions in Wabash, which ad-
vanced from 65k to IS. The rise in the
| Wabash started the whole market up-
ward. Erie advanced from 9OL to s1Z;
PlttsbuTg, from 1855 TO 1221<; st. Joseph,
I from Tx to "A for common, and 80 to S5
| for preferred, and other changes Of less
| Importance were noticeable. The market
st the close showed some reaction from
| the highest point of the afternoon, ana a
sharp advance was indicated in sales to
realizs profits, which caused Temporary
check in the upward movement. The
tone OF the market was strong, and most
OF the stocks were held firmly, The Post
says that the advance in Wabash stock
was caused by report to the effect that
that road was to be virtually consolidated
with the Lake Shore. The Lake Shore
people have been free buyers of this stock,
Money was easy at 2@3 per cent, State
bonds were dull and steady.
Dry Goods-In dry goods there Is an
improved inquiry for all staple styles |
suited TO the season, but the market is
SILL tar from being active, as buyers are
hoIdlng back in expectation Of q brisk /
price in prints, but printers are generally !
reluctant in making concessions, owing
TO the high prices now prevalent for gray
cloths, which are claimed to be scarce. /
Flannels and other Glasses are held at |
much higher prices than last season.
Whlch Is owing tO the scarcity of wool j
and the rapid advance In the price of the /
same. InnportatiOns are generally |
heavy this season. Yet 1t is claimed that |
goods are not in over stock as q QooCilv Il
portion is entered here. and. without |
breaking bulk, are shipped to distant /
points, such as Philadelphia, Chicago,
CINCINNATI, st. Louis, etc. It would prob
ABLY be dltncult to replace many classes
Of goods at the present rates, yet the ad-
vance is 30 great over that Of last year as 1
70 cause buyers to pause before purchas-
ing beyond their legitimate trade. In
brown sbeetings and shirtings there is
little or no change to notice. All popular
brands are steady at 19@13Hc, while
seconds command I2@l21<c. Colored cot
tons are In limited demand, and all the
best brands are not In over stock. Spool
cotton is steady at SOC tor the best i'm
ported six-cord less discount. Worsted
Dralds are very drm and In sympathy
with raw material and all regular makes,
The most of which find ready sale at soc. |
White alpaca braids, such a. Jaffs. Star |
ana Stearns' Xxx, command S5o, Linsevs |
are in good request, especially 2ark Mill
grades, at prices ranging from 225J<c up to
45c, as to mum bers,
4
out closed dull ct 1890.
LOUIsvEELR.
LOUISVILLE, August 3O.--Cotton con-
tinues firm at 1s4c. Flour is In active
demand at full prices ;extrs family, S5 so.
arsin is quiet; ear corn In q shade drmer
Rt previous quotations. Provisions are
quiet, but firm for all quotable articles;
mess pork, Sl2 1908; bacon shoulders,
$40; sides, 7z@75xc; hams, 115<o, all
packed. Lard, 9N910zc. Whisky firm
1t 90@9lc. Tobacco is very active; s3les
Of l56 hhds; lugs, S6 76@s; low to medium
leaf. IS 250l2; fair to good, slS@2.
CINCINNATI.
CINCINNATI, August 30.-Flour Is firm
and in fair demand; family, $6 60A6 81. |
Wheat is nominally unchanged; red, 81 II
01 10; no sales. Corn quiet, 52c. Oats iH ,
n fair demand at 30QR39c. Rye. quiet but !
irm, 65066c. Barley quiet; fall, 8009Oc. I
Cotton quiet but firm; Low Middling,
.751o. Whisky advanced to soc; supply !
light. Provisions easier and quiet. Mess
,Ork nominally $l2 70; no sales. Bulk
Ihoulders sold at 55z@5@c; sides, 5000
961<G6sS061<c; closing quiet at inside
'ates. Bacon quiet; sales of shoulders
It &c; clear rib, 71S971<c; clear, 79s@ +.
10. Lard was freely offered at 90; no |
alss. Butter firm, for choice, I8622c.
eggs, firm, 17@1So. Oils unchanged and
ST. L0UIA
81. LOUIS, August SO.-Cotton steady, J
SG18xc. Flour very dull; superfna