Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-02-21

/ ~ In Will ~ 10y
| Low Middlings we're found at 13sa18Bc;
! Strict Low Middlings ranged from 13s
to IS2c, Middlings from l33 10 14c,
with an exceptional sale at 14fc;
! Strict Good Middlings were found in
! small lots at from 14} to 14Ec, at which
4 prices about so bales were purchased.
4 The New York market closed dull,
with more sellers than buyers, and the
Liverpool market closed dull with a
downward tendency. The market
opened on FRIDAY with a fair de-
mand, which continued until noon,
when a heavy rain set in, preventing
further operations to any great extent.
Sales were 1000 bales, exporters and
spinners being about equally repre-
scented in the purchases. Prices at
the close were a shade steadier, owing
to more favorable news from the East,
but sellers did not place enough conf
dence in the dispatches to Justify an
advance; on the cOntrary, those having
low grades to dispose of were rather
anxious to realize. Included in the
purchases were Ordinaries from 10 TO
lie, with exceptional sales reported at
lO4a11lc. Good Ordinary was re-
ported at lI5aI24c; Strict Good Ordi-
nary at 123al2Ec; Clean and Bright
Stains were found at 113al24c; Low
Middlings at I3}a13Ic, with an excep-
ton at 13c; Strict Low Middling was
bought at 135a134c; Middlings at lie;
Strict Middlings at l4tc, and a few
bales of Good Middlings at 142alEc. |
One-third of the purchases were made
by one buyer. On SATURDAY
the market was fairly active, and
although sellers were, in some in
stances, rather anxious to realize, as |
a general rule a more steady feeling
prevailed, especially with sellers who
had the better grades to dispose of.
Buyers were somewhat Indifferent
and unwilling to invest at higher
rates, and, in some eases, demanded
concessions. Sales were 1900 bales, |
including 200 bales sold the previous
evening at prices ranging from 10 to
lie for Ordinary I1lal2lc for Clean and
Bright Stains, 1870 for Strict Good
Ordinary, 1879 for Low Middlings,
with exceptional sales at 49, to 1890,
Strict Low Middling was fOundat134c,
Middling at l4al45C, and Strict Mid
ding at l4tC. Exporters and spinners'
agents were about equally represented
in the days transactions. On MON
DAY today the market was firm
and many very satisfactory transac-
we're made at an advance
Of lc on Saturdays rates. Receipts
to-day were 34OS bales; shipments,
}74l; and the stock on hand at noon,
46, 6gl. Receipts for the week, Il All
bales; shipments, 374l. Total receipts
for the season, 377,S72 bales; ship
ments, 33l, ISL. The excess of cotton
to Memphis up to this time this year,
as compared with the same last year,
IS I7O,147 bales. Up to the 10Th Of
February, 1870, our receipts were 207,-
72j bales, and up to the 10th inst,
BIZ, 1872 bales. The statistical position
Of the Memphis market to date, as
compared with the same date in 1869
and 1870, is as follows:
1908 $50 1871.
So s 49, 35l5' 8 81 Isl
stock on hand 2I3g8 $3.50 1891
The receipts of cotton at all the ports
Of the United States Tor the week end
ing Friday night were li0,023 bales,
compared with 162, 600 the previous
week, $4,000 the week before, and
800 for the corresponding week Of
asst year. This sWells the total since
september 1st to 2,6j5, 900 bales against
,OO7 800 last year-au increase 1884,,
800 bales. The exports wer 81, 400
lales to Great Britain, and 24,370 to
Dther foreign ports, making a total OF
Is, $50 bales against 90, 900 the previous
week, and g., 500 last year. The total
since September lst are now
20 bales in excess of last year.
The weeks receipts we're distributed