Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-07-25
FINANCE AND TRADE.
OFFIOE OF THz DAILY APPEAL,
MEMPHIS, July "A 1871,

OFFrCE OF 4Hz DAILY APPEAL,
MEMPHIS, July "a 1871.
COTTON.
Review of the market for the week
TUESDAY there was little animation
exhibited in the market, though
the sales Of the day foot up near 500
bales. During the morning there was
a fair inquiry for high grades OF cotton.
Business Of the day was confined
mostly to factors who were Ill
ing orders for spinners. The news
from New York and Liverpool was In
no way encouraging, ana In eOnse-
ouence the transactions that were
made were the filling up OF lists TO NIL
orders for spinners. Middling, l9a194c;
Low iddling, lStalS4c. TheNeW York
market closed dull and heavy; Mid
ding, 205c. Liverpool closed dull, with
sales OF 5000 bales Uplands at 8ta9d;
Orleans STD. WEDNESDAY the mar
ketruled dullWith limited transactions.
There were fair offerings, but few buy
ers, the prices being above their views.
The New York market reported quiet
with sales Of 500 bales; future sales,
$500. The Liverpool market closed
quiet; sales, for exports, 300 bales;
spinners, 600; spectators, 243; in
transit, zoo; contracts, $500. The mar
ket mere closed quiet, with prices
nominal and unsettled. Sales for the.
day foot up 225 bales-Strict Ordinary,
l7aI7t; Low Middling, Isle; Middling,
I94aI94C. THURSDAY the market,
under the favorable sdvices from Liv-
erpoOl and New York, was steady,
with prices firm. Factors were buoy.
ant and asked higher prices. Trans
actions were limited. Sales for the day
foot up 200 bales; Low Middling, lS4a
IS2c: Middling, I9aI93c. The Liver
pool market closed firm, with sales OF
1900 bales; Upiands, S5s9d; Orleans,
9sdsg4c. The New York market
closed firm, with sales of 1000 bales
5000 of the same being in tran
sit Middlings, DC. FRIDAY
the market was inactive, with
factors asking an advance OF &C.
The market was Influenced by the IA
vOrable adyices received from Liver
pool and New York. Prices ruled
firm, with bayers shy of the market;
the prices asked being far above their
views. Sales for the day, 125 balesi
Low MiddliDg, 1S@alSzc; Middling,
1q}aIgIc. SATURDAY the market
was dull and quiet, with fair offerings
but few inquiries. Holders in most
cases were holding their lists a shade
higher than buyers were willing to
give. The market closed dull, with
sales Of $50 bales. Low Middlings, Is
aisle; Middlings, 19fal92e. The
Liverpool market closed firm at
the previous days quotations. The
New York market closed quiet,
with fair sales; Middling, 295c.
MONDAY the market opened dull
and heavy under the advices received
from New York Of g decline Of &c.
The Liverpool market was reported
steady and quiet; Uplands, 91d; Or
leans. esd. Sales 1900 bales. The
market here throughout the day WIS
inactive, with prices nominal ana IN
settled. Buyers were holding on ana
anticipating a future decline, Whlie
factors were firm and inclined to await
a reaction OF the market, hence trans
sections for the day were limited. Sales
for the day foot Of $50 bales; Good Or
binary. T7aI74c; Strict Good ordinary,
I75al74c: Low Middling, 1S4al84c;
Middling, I9a29fc; Strict Middling,
IqEs2Oc. Receipts for the week are
1897. and shipments 1900, against AL
received, ana 2l3l shipped last week,
and Il75 shipped and 1856 received
during the corresponding Week last
season. Total receipts TO date are
5O6,7Sl and shipments j06,292, against
2S7.6Il received and 280,O55 shipped
I'D 10 the same date last season, show
inc an excess Of 2I9,I70 bales in re-
ceipts and Do, 237 in shipments over
last yesr.
COrTOE STATEMENT.
CHAMBER OF COMMERCE,
MEMPHIS, July "A, lS1l.
stock, September 1, 1870. 1850
Reed since last statement, 1853
Received PreviOusly.--.-. sol, 4lS-bOo, 1ol
5II,C6l
shipped si7ce last st'ment Ss7
Shipped preyjouEly,-..... 5O6,OO5 -5O5'Ss1
stock st noon to-day 1863
Imports.
Memphis and Charleston rs~ilrOad...... III
Mississippi and Tennessee railroad. II
Memphis and Ohio railroad .~----. a
Steamers 44O
Estimated per wagons. ...---~.....- so
Exports.
Memphis and Ohio rsiIrosd.-........ 255
Steamers, north ia
COTTON IN KEW YORK.
NRw YORK, July "A, 10 s.m.-Cotton
.guje-. Ordinary. 155zc: Good Ordinary, |
Use: Low Middling, l9Zc; Midding, /
2OIc; Good Middling, zl5sc,
1910 p.u.- Cotton dull and Hclower.
Sales, 1900. including 1000 in transit. Ordi-
nary. I5%c; Good Ordinary, I7Zc; Low
Middliug, 1879: Middiing, 20Zc; Good
EHddlng Alabama, 205sc; Middlng Or
leans, 2IJsc; Kidding Texas 2l1ss.
contracts, July, l91<c; August, 1896
NtemOer, lgkc
: D Motion closed quiet. Sales -
70 so uuers, l64 bales; 70 spectators, 81;
exports, 6O5 transit 1905 contracts, TT
JuIv, 70 5-l6c; August ls5sc;
Sentembe. lg 5-IGs; OcsOber, ls%c;
N5vembe Is55c; Deoember, 1880.
New YoRE, July "A, 4 p.m.-COttOn
,nist sales % Bpinners, 265 bales;
ejaculation. s.; exports, OBS; transit,
1000: contracts lz,UuU'
COTTON IN LIVERPOOL.
July a, IL a.m.-OottOn
firm. sales estimated a. 1900 bales.
Middling Uplsnds, 9hd; Orleans,sId.
2p.m1Cotsan quiet. sales for a day
1900 bales. MtddlinE uPlanos' ga;
MiddIing Orleans, 9zd.
FINANCIAL.
Finances continue 10 rule quiet and
steady, with the banks well supplied !
With currency. The demand for mon
is on the increase, though the bank
- report a suficiency to aecommO-
their regular customers. Quite a
,1mh er of merchants are advancing