Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-10-22
FINANCE AND TRADE.
MiidliRg Cotton is 81 to 19c-Ex.
change SIS Discount to Par
Geld liz.
Arrivals OF Feed and PrOduce-Cern
HigheT-COrnmeal StiR-POta-
toes AetiVe-ReTieW Of
the Market.
Money Very ClOse-Large Amount Of Ex-
ehange-AdTance Of Rate Prob
Able-Healthy Effect Of
StringeRey.
Cotton AdTanced-Sales, 1900 Bales
Review OF the Market-PrOs-
poets and Prices,
offIc Or THE DAILY APPEAL, D
MONDAY, October a, 1872. i
rav-roU


Atfhe close OF our last weekly review OF In,
market the kilograms Indicated an improving
market New York quoted 1915 for mid
an advance: New Orleans, I8c, an advance o
&c. In our market 80 bales were sold at lss
uls1sc Tor middling.
vance and added an additional Ne, quotini
Ntscf Liverpool again stood At sd Tor UPLAND
I.ohsS NeN DI.eAns aSn!eNea anolhei
80 lh--c- Buyers In our marketNWene active
hut wan middling cotton and above IN many
cases, while the bulk Of our receipts are low
middllng and good ordinary. sales were 40
bales ar lsl ral &C for middling.
MEDNEShAN,-Les favorable. New York
&C lower, ls'ac; Liverpool unchanged, I'D
New orleans lower, Base. our market
urOopeq under the news andihe smaller hg.
tires Of quotations were the most prevalent
g1~ sales, 100 bales at ls5s8lssc for mid
InCRSDAY-Tclerrams showed some i'm
pr0Nement over Yesterday, New York, lgsSc;
Liverpool, Dad; New Orleans, l9Asale3.c. buy
erN stimulated by tie news, were active IN
their inquiry md middling was again
wanted IN larger proportion than the supply.
N{leS lsg bales at lSssls3zc for middling.
h4nA1--Ielegrams were again favOra-
Die. New York, UAsc; Liverpool. sd and
strong, New Orleans i4lsc. Oar market
wus sitter and l7a8 bales changed haUdgat
~Aa-aals4c for miduling, an Improvement.
Kilograms again favorable.
View York, IAsC; Liverpool advanced 70 ga
d; New Orleans advanced &c, quoting,
El hat Is unusual on Saturdays. our
market was a busy one, buyers desiring more
cotton than there were lists such a they
wanted, 20 supply. sales, I5D bales at Is G
"1at for mlddling.
MONnA1-New York was steady and IN
changed BE Liverpool was quiet and
steady al saturdays figures, efa95sd. New
'Tlrans was active at former rates, l9sc. In
our market there was no active inquiry. but
tne views Of sellers, especially In respect 90
and above, were beyond those OF
buyers some OF whom, although they had or
uers, nefrained from buying a. the aSkings for
the cottons they wanted were beyond their
nEures. some srnening on middlings and
above must be expected, however, a. those
qualities are in active demand while the
proportion arriving T. very small. In Conse-
4ueuce OF the long period or dry weather the
leaf Of the cotton plant has become dry and
Al a touch breaks into minute Eagments.
ration Of quality is the result The long alb
Senrv Of rain has caused the surface OF the
NsA % pulTerZe, and IN many cases a large
amount OF dust is mingled with the cotton.
These things VIII account 70 some extent for
The small proportion Of superior cotton com
pared with rurmer year-when lists Of low
have often been completed BY ad-
ding ~HiuuAug-but a. is supposed by many
INST parties who have ginned and sent 70
market but a small portion OF their cotton
have preferred 10 hold back the higher ia
Frsierece 70 the lower qualities. knowing. a.
they do, that Couuons Of me qualities viii al
ways command a market and that their
prices a. O. later part OF the season often be-
come relatively higher than those OF the COM
ueuer qualities TIT sales in our market to-
clay aEE-egIted 800 bales OF the blowing
qualities and prices Good rdinary at I5<&
-~e- low m.udlingr lsA-c, lszc- ls1sc, the latter
rate for ~~tuct middnng. Is. ala. strict
and some was priced for which Istc was
asked We quote a~ccurdiuglv-