Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-08-26
COTTON.

Cotton opened firm and active, with a
brisk demand for Niddlings. Several
buyers, who had orders for the above
grades. were unable to fill their lists, the
market being bare of Low Middling and
Middling. The market, throughout the
dsv. was firm, with holders asking higher
rates thai buyers seemed willing to give,
and in -Onsequence, spectators or small
buyers were shy Ofthe market. NCtwlth-
standing the New York market showed
signs Of weakness, holders here were /
firm in their views, which, partly, is owing |
to the discourRging news received of the
crOps along the sea-bOard States; also, in
Texas and Louisiana, the caterpillar, boil
and army worm are, N many Localities, /
destroying ths stands. and many predict
q large falling OF from the expected yield.
In the Southern portion Of Alabama and
Mississippi the crops will also fall short,
on account Of tho rust and ester
pillars. A few bales Of Low Kidding, /
in the morning, were sold at Ike and all
that would nave been offered At this
figure. would have been taken readily by
b1ysrs; lsLc was offered for bright Md
dIlngs. with sales OF one or two bales of
Middlings in the morning st lSc. The de-
mspd being mostly for Middlings, and
none Offering, trsusactiOns were rslhar
slim. There was little demand for low
grades. We note sales Of Ordinary at
I3kc. Good Ordinary, 1bZcs Stained and
Batting. IOGl2c. The market closed hrm
Low Middlings, l7Zc; Mlddllngs, loAc.
Liverpool closed hrm, with skies OF IS.OOO
bales: Uplands, 9 l-I6d; Orleans, 9 6-l6d.
Several new bales OF cotton have arrived
since yesterday morning. Upton cOun-
~ bale, produced by J. L. Mccall, was
received by Messrs. Petit & Simpson, and
was sold 70 Hsrtmus x Co. for 25c per 10,
The bale weighed 4l6 lbs, and clsssed as
Middling.
Messrs. Fsrguson q Clay received a anew
bale from q A. Bateman, of Walnut Bend,
Ark, weighing 42O pounds. Ii classed.
bright middling, was of good texture and
we'll Rinnsd, and was sold to Mr. .C.JOhn-
son at 20 cents per pound. Messrs. Gagged
Fisher received two new bales from Tip
ton county, shipped by A. Simpson, from
CovinRton. MessTs. Stewart & Dashed
will also have ina thism morning & new bsle
raised on Cane Crack, five miles below
this city. The latter, Judging from the
sample, will class strict middling.
COTTON STATEMENT.
CHAMBER OF COMMERCE,
MEMPHIS, August Is, 1871.
Stock. September l, 1870. 4,Ss0
Reed since lSst statement. SO
Received previously. 5lO,9sA-5lICS0
5i5. $50
Shipped since Lass st'ment rs
Shipped previously .-..5ll S50-bl2,Ol8
Stock al nOOn to-day. 3.342
Imports.
Memphis and Charleston railroad. 80
Mississippi and Tennessee railroad. 30
Memphis and Ohio railroad ...-.-..- 4
Steamers zee =
Estimated per wagons. s..-......" o
Exports.
Memphis and Ohio railroad .......... lis
COTTON IN NEW YORK.
NEW YORK, August 25, lG a.m.-Cotton
quiet; Ordinary, 15Zc; Good Ordinary,
i6Zc; Low MiddlinR, lsHc; Middling,
1870; Good Middling, 2lIc.
T IN LIVERPOOL.
LIVERPOOL, August ., II a.m.5Cotton
is strong; sales Is. coo bales; Middling Up
lands, s1-I6d; Orleans 95-l6j.
2p.m.-Uo'ton Is hrner; Middllng Up
lands, 9I-iGi; Orleans, 8 DIED. Sales,
5000; of which 600 were fer export
and speculation.