Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-01-01
WEEKS

ny ~
TJEsEAY-The courss ofthe New York mar
kelh has been for The past few d~ay6,very unsaJis-
factory. To-day the nrst dispatch gives Cs:
quiet with an e on at pm. duh and nomi-
nominal, with an advance OF nc; middllug,
NC The price huctuates, with no change In
the tone OF the market and both fectOrs and
buyers are beginning to look upon the market
with distrust. By the dispatches they are no
better Informed as 20 the condition OF the mar
ket than they were ten days ago. The market
within this time has huctuated day after day
between DC and 4Ae, with an advance gene
Fslly 8 gg9R a th Ts1z an0 the heini day, m the
market was uuu. The demand
was light, stiu there was considerable running
around; buyers were unable 70 get in al Their
offers, which were mostly lsc for mlddling
and ISlzc 70 SIC for low middHng. Factors
have somewhat strengthened up and are
Last week. SaleS to-day were 200 bales.
WEDNESDAN-The demand was less
active than yesterday; Factors IN
ding cotton, and while some report Us
middIing at lgc, there are others, a. viii be
same grade at lshc. We make this statement
10 show that We are JUSTIFIED IN quoting mid
ding at 288le<c, and TRANSACTIONS as reporter
make the market. ThOugh sales were about
lie same a. y~esterday-2D bales-the greater
aanaber were taken by fewer buyers than
were in the market yesterday; hence we con-
oeipu for I'VE DAYS are s2,6fO bales, pointing
20 1&.00 TO $4,000 bales Tor seven days. The
receipts same time last year were
pool this evening closed qCist, with uplands at
AJAdlOd: Orleans, l0<d- New York pursued its
usual course throughout the day, opening dull
2he, closing inactive and prices dropping
TAURSDAY--Sales to-day were 20
bales; The demand IN ve., es5tSln n 10,
IN Others less, and while there were
factors more willing 70 sell to-day, Others were
nrmer, still entertaining confidence, notwith
Gambling the TTgaHDLE Tor the week Indicate As
great a number as last week, and as great 3
number a. the corresponding week last year.
Tor three weeks 20 oOne,it will have a material
effect on prices. New York Is evidently pa q
stand what 20 do, whether 70 go up OF down.
The fluctuations between 2c and 2Dzc show
an undecided market, However the
New York market dropped 10 2c
today, reluctantly, It would SEN c7an9 ron
ms figure. We drop an 1zc on our quota
tons. 1t viii be seen by reference TO -Cotton
going on among the different railroads. Yes
tsrd8y We "Cut" down Ice and to-day there Is
= further reduction aud We shall not be sur
prlsed % see IL 90 down % toe 20 New YORK,
and % other points IN proportion. FRIDAY
The market here opened weak, and sales
sariy in the day were mostly made on eonees-
sIOns; but later, there was some confidence
and before the close fsct0ns strengthened up,
not only on The renewe inquiry nom buyerss
but on account Of the reduction in freights 20
AL pHints elst- The reduction up to date has
been ne on The 100 lbs. 20 al points while cot
4 now very favorable for a renewed
aetfve market, and tomorrow We anticipate a
Eecidsd Improvement We believe our NOR
Eet has gained the &c II Lost yesterday, and
lUbfle we 1actGd middling at legls1se, We now
0uofa 1Qaigkc. There Is no advance in New
York, bnt the tone is better, the market clos
ing quiet both on spot and futures. sales to-
day were 2l0 since Tuesday this number has
hen the daily average. Receipts here tbs week
have been remarkably smau-1ity per cent
- than they were this time last year, Is fol-
lows. This week, ll69 bales; same time last
yearH3,6S bales. Receipts al all the ports viii
probably reach lSOYOO5 bales for THIS wsekISSY
n eTcaSs a. compared with the same time last
wear. Our attention has been called 10 a Pc
fftIOu 70 Governor B. Gratz Brown Win re-
quest 20 present y % INC ieshsd147a1ttidens h :
passed urging upon congress tue pfOpflet3 VI
rsfuruiuR the demonstrations tax on cotton
COLLECTED in 1861, 1900, lbo, iso ana Ioo. Inc
~ Touis Times says that the petition was very
generally signed on change, ana would PROP
6bly be heard from when the legislature again
msets. tEatssthe,argument Of some THAI mas
Inueh as this tax having already been paid,
va merely added 70 the cost OF the cObion ana
should not therefore be reUurnedl IA hllaPiy 1nIe
Rob Roy sTgament-night makes right! We
GTust Governor brown ana the missouri legls-
la7ure. al least, VIII do their duty. ana
should there be a universal mOVenaent IN thls
Iineetion something favorable might result
EATURDAN-There was q dee1tfn improve
1nent IN the market to-day. eAnproNensnt
- mostly in demand, which was in certain
t~aealfisS very active, and factors b otered
~ seIl Al lSl<c for strict good ordinary and low
-.aaEIrnQ Yesterday sofa AHalLag a. A1paA ~
49, However, there were factors WHO re-
-oyad inc market no better than yestenday
nd gaye Us middllng al SC Hut there - not
: shsdov OF doubt but that the market IN
49, n much better both here and IN New
49, New Orleans was very active but al
1oss NO higher than in our own market
~ yesterday evening the New 1ork mar
SlnOS tsne, Improved nom qutet 70 nrn.
e6rases have not been USED once
Ssvs reDorts coming IN mostly weak
tot 80 nominal. The market parIally a.
At1A : y &c to-day, but fell back on I'M
pFene The heavy receipts al all poftb 40
0molhLn either importers or ~spinnersi ts u
nov - in lie maintenaneeiH present 4lsh
fiaeh me net receipts for this week are 15Vs-
Hnee1 some 5550 bales in excess OF the cor
W De-s week last year however Lner re
1921 81 fhis port are les ~ ohe-EAI la
Sipn Saiss to-day were ls1 bales. among
- "a middling, le@ci is Sl1ct goo9
1870 no: los low mlddlihs lezseL "
Se9et ~ mlddImg, B6ci y SE1-bas d.
n notdslsno Ice; 40 good ordinary ~ p
8sd5line 15ke; g good rdlnary lae5 y sJSSSp
0SinaTy, u: 81 mfddlingt 1895 sule5 LII
SsSn1 ice IS Low middtng. lo5ei e go
0rV1 ire: IS low mideing, rs a 80
one1nsstS, ~ s low middiing, Bse; low
oHtIEisrr. Is<G 8 ordinary LG shtSs $50
@ae-elgs5 3 low midQnns rs ~ l1a
ffin& IL; 10 l0W naaalAnS' N>T H' sA1