Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-07-28
MARKETS BY TELEGRAPH.



issues advanced slightly. Stocks are dull (;
| Pacific Mail, Reading, New York Central,
st. Paul and Wabash have been strong,
and good buyers are taking them. West
ern Union and Ohio and Mississippi were
firm, without much doing. Lake Shore
declined nearly per cent. from the high
est point OF the day, upon the reception
of news from Cleveland in regard to the
| action of the directors Of the road. The
| Express says upon this subject: "All that
| is positively known is that the stockhOld-
ers have given the Executive Committee
of the Board of Directors authority to
| issue SIS, ,0O0, 600 now stock whenever they
| think proper" This leaves the subject as
much befOgged 81 ever, and makes the
future course OF speculation in stocks de-
! pend on the action of this committee, who
| will probably return to New York before
| doing anything. What Wall street wants
to know is the terms on which the new
stock is to be issued, and until this is
| known, there will be endless chances for
pool to make money, in working the stock
up and down. Erie is lower, on the re-
port that Judge BlotchfOrd has rendered
a decision in the Erie cases in favor of the
| present managers of the Erie rOsd, decid.
] ing that they have the right to issue con-
| vePtible bonds. Tie market closed dull.
Money is very easy at 2J93 per
cent, State bonds are dull. Sterling
4
| States coupons of 1881, ,l161S; do 62s, 5-2Os,
II4z; do 64s, IlS5s; do Cos, I137s; do new
5-2Os, II21<; do 81 5.ssOs, 112zs do 68s, 112zs;
do l0-40s l131<; do currency IS, 1l3z. Mis-
souri, State bonds, 96; Old Tennessees,
729S Lew, 72I Virginia, new, TN; do
| old, "a; North Carolina, old, AK; 90 new,
! 26; Canton, n; West. U. Telegraph Co.,
| preferred, los; Adams Express Co.,
| Slh; Wells, Fargo & Co.'s Express, Az
American NJ. U. Express Company, So;
United States Express Company, So;
| Pacific Mail, 45H; New York Central,
955S; New York Central scrip, 91x; Erie,
27A; do preferred, Sc; Harlem, 126;
do preferred, 1870; Reading, IIIH;
Wayne and Chicago, 100; Northwestern,
| 81; do preferred, 935s; Rock Island,
| l075z; New Jersey Central, 1057<; st. Paul,
$50; do preferred, 79K; Wabash, 565S do
preferred, 50 /; Fort Wayne, 99H; Terre
Hsute, "a; do preferred, 56; Chicago
and Alton, LIZ; do preferred, 123; Ohio
and Mississippi, An; Cleveland, Column
/ quincy, 162; Union Pacific, %; Central
Pacific bonds, I2O7<; Union Pacific bonds,
S71<.
Dry Goods.-There is but little change
to notice in the features of the market.
Trade is not yet fully opened and yet
there is hardening Of prices throughout
| that leads to the belief that buyers will
| gain nothing by deterring their purchases;
| still caution appears to be The ruling
/ power in the market, Notwithstanding
the great ease in the money market. Pep
/ perell brown sheetings are held with more
frmness among jobbing and trade; we
/ quote, ( fine, l31c; do, r, 125zc; do, o,
NC; do, N, 1011c; do, IA, 2751e; S-4, 30c;
"a, S211ci 1O-4, 371lc; ia, 421ze; 12-4,
| 471zc. Bleached goods of the same brands
in wide width sell at 471Ic, for ia; 42Xc,
for IO-4; S75zc, for "a; and S21zc, for !;
SOC, for IA; and 271Sc, for ga. Cabot
| bleadhed muslins, in yard width goods,
sell at l5c; q width, l311c; AZ inch, 1910;
46 inch, l8Hc. Dsvot mills muslins are
advanced TO l9c; Winthrop, to 12c, and
star, to 12o. Brsids are higher and in
| sympathy with wooden and wooden yarns /;
| we quote star alpaca skirts at S5c, and
seconds at CSC; No. So, A quality, colors
and blacks, at 81 50 per yard, gross; No.
SO, do, 81 20; No. 70, do, 81 90; No. u, do,
50 05; No. 81, S3 20, less discount.
| Cotton is steady with moderate de-
mand; middling, 20Zc. Flour is in fair
| demand and prices higher; superfne Wes-
tern and State $4 6595 Is; common to
| good extra, S. 45(G5 90; good to choice,
S. s5@6 S5; white Western extra, S6 25@
80; Ohio extra, So 6O66 40; st. Louis,
| IS 7699 90. Rye flour and cOrnmeal,
| quiet. Whisky, steady at 96c. " heat,
| opened firm but closed dull; No. 2. 81 IS
| @l 40; new red and amber, 81 SSC9l A;
old, 81 459l 4S; white Western, 81 40(g
l 90. Rye, barley and malt, unchanged.
| Corn opened firm but closed dull and
| lower; inferior and common Western,
mixed, 65@671zo; good 10 choice 6S1<@
6S75c; yellow, 7Og73c, Oats, firm with a
| fair demand; Western, 63364e; Ohio, 67G
/ zoe. Hay, hrmer at 81 l0@ll 10; shipping,
81 259l 30. retail. Hops, very firm
| Coffee, firm with a fair demand; Rio, l35<
| 4l6c. Sugar, firm with g fair demand /;
fair to good refining, 9Z@lO; Cuba, 95S
| C19A. MOlasses, in a fair demand, firm
and unchanged. Rice, SC9sA. Petroleum,
crude, l42s refined, 25549z555. Pork dull
and drOoping;' new mess, Sl4 90; prime,
| Rll@1l 20; prime new mess, Sl3; August
| to January, Sl4 I21z@I4 Is. Beef, un-
| changed. Cut meats, steady; hams, 119
| lSZ; middles, inactive. Lard, steady;
| prime steam, 911910%; kettle dried, l09s (;
August, 1Oxc. Butter, quiet; Western,
| l0@lSc; State, 15@30c. Cheese, 791lc.
Latest.-FlOur is in good demand at
full prices; So 4595 80, for shipping ex-
tras. Wheat, weak; No. 2, spring, 81 IS
| bid; 81 40 asked. Oats, firm. Corn, steady.
Lard drmer; August. 1910 bid. Eggs
| active and firm at 23@g24c.
ST. LOUIS.
ST. LOUIS, July 27.-Cotton quiet and
| unchanged, l9%c. Flour is quiet; super
fine winter, "a 5Ot64 20; extra choice,
| 90 25; Xxx, $5 5095 70. Wheat Is active
and firm; inspected No. red in elevator,
81 10; No 2 red winter, 81 %. Corn, dull
! and unsettled, in bulk, mixed, on track,
45c; choice yellow in elevator, 4Sc; mixed
sacked, 6lS53hc. Oats are dull and un-
| settled, and low; in bulk, mixed, on
track, S5@S6c; No. offered in elevator at
SIC; offered at S6c at the close; mixed
sacked, 3S840c. Barley, no sales. Rye,
dull and unchanged, 5795Sc. Whisky is
higher, 94c. Tobacco is steady. Hemp is
/ dull. Bagging is in fair request at 2O92lc.
Pork is dull at Sl4 So; small order lots,
Slo. Bacon is quiet; jobbing and order
/ lots, shoulders, &c; clear rio sides, SAo;
| clear sides, SC. Hams, sugar cured can
vassd, 15916c. Lard is nominal. Hogs
are active and firm, $4(94 80. Cattle are
! dull; medium to choice native, 50 5O95;
inferior to fat Texan. 81 5O@5.
CINCINNATI
CINCINNATI, July 27.-Cotton is duh
and nominal, 2O9205<c Flour is dull and
unchanged; family, S. 1906. Wheat is
dull and dropping, 81 1901 1s. Corn is
dull and unchanged, 5295Sc. Rye, quiet
and weak, 66G6Sc. Oats, quiet and weak.
SS@40c. Barley, quiet and unchanged;
fall, 80Q9Oc. Coffee is in good demand at
full prices; prime, 1S7Tc Sugar is steady,
with a moderate demand, but there is
little New Orleans in market. Linseed
oil is scarce and firm, SS989c. Lard oil is
steady, with a moderate demand, 75G7Sc.
Eggs are steady, with moderate demand,
12c. Butter is scarce and firm; prime, II
@20c. Cheese is quiet and weak at 9(G10c.
Lard is dull and dropping; sales at 10c.
Bulk meats are dull and dropping; sales
of shoulders at SIC; S deS. l0c; clear rib,
7c: some held on margins by outside spec
ulators is being forced on the market.
Bacon is quiet and weak; shoulders, 67<c;
sides, S1s(9s5zc. Hogs are duh and lower,
closing at $4 60(14 80. Cattle are dull and
unchanged. Tobacco is in good demand
at full prices. Whisky do, CSC.
CHICAGO.
CHICAGO, July 27.-Flour is in fair de-
msnd, but at lower rates; spring extra,
s. 25@5 40. Wheat is in fair demand, but
at lower rates; No. 2 spring, 81 HI for
July and 81 O9Z for August; this after
noon, heavy at 81 11k, and 81 10 for Au-
gust. Corn is in fair demand, but at
lower rates; No. 2 mixed, 481<o cash; 4s1<c
for July; and 471Sc for August. Oats, No.
2, active and 31<93Zc lower, S61s. Rye,
No. 2, active, weaker and lower, 56957c.
Barley, No. 2 spring, quiet and easier, 70c
cash or September. HighWines, steady,
92c for iron bound. Mess pork is weaker,
$13 6I5<01S 70 cash or August. Hogs,
iCllOjZc lower, 81 1904 80. Lard, steady
at exc cash or August. Freights to Buff
fslO are frmer and higher at sc.
LOUISVILLE
LOUISVILLE, July H.-Tobscco-ssles
213 hogsheads; lugs, IS 5O97 %; low to
medium Leaf, 81 50C913; common TO bright
wrapper, S25@4S. Cotton is duh and
lower, zoe. Flour is quiet but steady
extra family, 50. Wheat is fairly active,
weak; shelled offered at Sc, but demand
light. Rye is steady; small sales of new
at 40c. Oats are steady, contracts Of new
at 4Oc on arrival. Mess pork is in limited
demand at $40. Bacon Is In fair demand;
clear rib sides, 69<c; clear sides, SIC.
rrna IE.a. rnInirl La. n.anl-nI