Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-04-18
FINANCE AND TRADE.
OFFICE OF THE DAILY APPEAL,
MEMPHIS, April IL, 1871. ]
THE WEEK

-LAA 7 Ida
past has been, all things considered, g
very prOhtsble q IN ali branches of bus
mess, though We cannot say hat it has
been a very busy one. Under their ap-
pirate headings We note changes In prices
and give 8 resume Of the spirit of the
market We review cotton IS follows:
On TUESDAY the market opened quiet
with but q Light demand, and closed
quiet and a shade easier, though not
Guotsblv lower. Buyers were look
ing over the market during the morn
ny and picked mp about three hundred
bales. and in the at5eruoon-advices
from Liverpool not being Of q very favor
able chsrscUer-they succeeded IN obtains
ing slight concessions, when transactions
were more liberal. Sales were: 500 bales,
including tables Of l0l and 40 bales.
Prices were sOEeWbat irregular, vary
sng rs was the case on the previous
Fzv. from = TO 5sc on the same grades.
On WEDNESDAY the market sgain
opened quiet with a limited demand,
and closed dull and a fraction
easier. though holders we're not willing
60 couCsde on tables, they 81 b close
made reductions on small lots; the prln-
cipsl part Of the days business was done
in this wav. the purchasing being
J.. 2. 5 and 10 bale lots, at about the prices
OF The day previous. Buyers were eau
lions and examined closely al that was Of
fered, remaining in the market until the 3
nm New York dviCss announce a decline
ofLsC when all but two or three withdrew.
sales were 600 bales including one list only,
table OF 81 bales strict Low
MiddIing and Middling, about equal
Iy divided, which was purchased at lac.
ON THURSDAY the market showed
some improvement, both IN offerings
and In the demand. but the offer
ings were not sufficiently large 10
induce any heavy purchases, Prices
varied but little from those Ofthe day pre-
vi0us, as the following prices viii snow:
10 bales Ordinary s@ef 3 40 mixed
&c; % do Low Ordinary, SIC; Ddo Low
N5ddIugs, ls5zc 50 do Ordinary 20 Mid
dlInE. lIGI44c; 40 do Mixed 70 ordinary |
Sc: 200 Strict Ordinary 10 Good Ordinary |
UGuzc: 81 do strict Low Al1dlng, l+c;
An 40 Good Ordinary 70 MlQdIDg, "a I
I4ssc: 80 do Mixed TO Good Ordinary |
7FI[c: SO do Low Middling, l5Ac; 90 do
1sl7RIsZc. On FRIDAY be market
oDsnsF quiet. but firm, and closed with
~ any p~erceptible change, either in
p-iees or the demand. As has been the
esse ali the week, buyers who
bsd orders wers compelled TO make g
thorough exsmiBstiou of the market n
tbeD pick up small lots from the limited
offerings. Sales were 40 bales the greater
portion Of which was ~ eApo[e5s'
~ DHces ranging from 9zG zoe Tor OrQl-
ne-v. lOLGIOlEc for Strict Ordinary; Ia
E2Llc for cod Ordinary; 24Gl5c for
strict Good Ordinary; l54Gl5Ec Tor Lew
NEddfngs I3ZdI4C FOR strict Low Mid
ding; and l4<Gl4zc for Alddlng
On SATURDAY the market opened q
SHADE drmer. With g light demand
nj Driess Irregular. Buyers who
hsd orders partly filled were In the
market early in the day, but with
drew before the close, several claiming
tbst tie offerings were so small that il
WAS imuossibIs 10 make selections. Sales
were -4G bales, including III bales strict
Good Ordinary bought late tue asy preFl
At use. so bales do, high style, lz5sc
80 bales Good Ordinary TO Low Middllng,
I2aIskc. p bales Ordinary S9l0c; .
bales clean Stains, lzc; 5 bales average
Low MIddling, 1888 tO13Lc; EStuct Low
HIddLiug. 134g: 10 do. l5lc; 10 MidQLLnE5
14Hc: s. do. I4hC; 10 do. l4Bci - strict
Ordinary. I0lsc, and = Good Ordinary,
IZc. Several Eastern buyers claim JnsE
she better grades esnnOt oe found at the
reported. To day lMONDA13 this
ans tha New Orleans market closed nrm
and T-Ifs Rhesd Of Now York and Liver
u0oL. both which closed dull. sales were
400 bales, ughJssB Of the season. Mlddnng
lac. Receipts for Wssk ending 80 noon
are 50q4 bales: exports, s8L6, and
sales a6l8 against G1I3 received, l26ZT eL-
ported and 6700 sold the week previous
and S642~ exported corresponding week IN
$50. Total receipts Of the season 20 GATE
are AS. 342. Eud exports 4S 5s5; for the !
corresponding period last season receipts 4
$4,000. and exports 58,935, showing
sn excess this year 2I7,342 bales in re- I
and 2l2,f4 bales In exports. The
on hand ID moo to-day Is 1888; on
he same day in 1870, according TO the re-
ports Of the Chamber Of Commerce, it Q
vas lT.I67. Receipts during he first NJ I
zen days Of this month were 1885; x i
,orts. 8.305. For The same time in lS7e
-scsiDts were 1922 q exports 747s &
The following is the statistical position \
a. al ports OF the United Ststes up 70 the
evening Of the 18Th inst: =
Forfhe Isg U-BIz. IsQU Bis O.