Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-10-16
FINANCE AND TRADE.

FINANCIAL AND ALI. OTHER BUSINESS
yesterday was more matter of form Than
reality. Banks we're open but stones were
generally closed 81 morning i'm cOnseq ueuce
OF the great Exposition procession, which
eclipsed everything else. Business was liter
ally at a stand. Exchange we again quote at
3 discount on eastern cities, ON sight bills,
and = on New orleans, selling on all Points
az par. Brokers were again paying l0,i sgiOl
Irr gold. Nota whisper was 20 be b5lrJ as 10
any transaction in stocks or bonds. The curb
stone broEers cannot md business enough
doing 10 make a living. Amid all the mac
ryily 1f the times the New = urk Chronicle
nuds comfort IN fact il mentions as follows;
GAS 90 the grc=uhacks, the law Of June, ls7H.
declared that The maximum is le2 millions
II there were any UUubl as 10 whether green.
back. retired since The war, could Doe reissued
To- The war limit cT SO millions, thatdoHbt exc
ASH, mo- longer Congress has put an
end % all such excuses tor augment
tuE the .Uueu-s, or Ior agjtating the public
rn-ul on the subject The only power which
laa Cl--.- ...-l1 gives 10 con -fr's ofe tlt
green backs Ls 90 lessen the am0uu This
power has Dctn ezer-uu IA 1eaug ing the iour
hundred u.lLlou limit u ilrec hundred ma
ul-IfE-tUa millions beg onu which sum cou-
gross haas NOW no authority 20 augment the
.r.aulaek issues. THE next change, the only /
n.U 20 which .Gr puwHf ui congress is COM
E.l.aur- BIS % m Ee further reduction. Com
s-r..s7, iu other wOrl-, mas the power 10 retire /
uuf hen tTcE are once rsilI ell and cance ied- I
rHu-rs-- has no puEeT 10 reissue Them vE- z
CaTt ln amg nl waE.
TIE COTTON MARKET WAS suspended /
sees HT morning by the procession, and 4
wE-. The c- mDer 81 commerce ~as c.used 4
Hl .aat account the telegraIn brought lccu- !
rLla ed IldIuz~ uulavorahls 10 prcss. New /
York vas weak up % noon and closed at - &c, /
lower Liverpool was quiet, stesds end I
ulcTll- cdr tJ 3D. Futures Ia NcW 1ulk I
uT.u-l cu.l, became We b tbru heavy. and |
fla. declined. Al JAI- naturally weakened /
oar marx O. while lt p.oduc 81 increased de- /
sire % cell on the art Of holders 30 thai in |
The e su.uE there was creep I0ie haaalus 4
Ut prizes making Tie exist pg Official Qu Ia I
rrgEs $50 Icu lsa been below The marx, shout 4
"a .IIT reelection o. The state OF .nc market. 1
Necea,sills, % 'o-is bought IN me IN . 10 4
rrices Than those taken IN tie even
ing which gives an apparent iucons-st- I
cucy - some ut the figures m he report from I
alrua operations. saIus amounted 10 l-lJ !
bale. OF asllfHh ED bales were taken by eN- |
plrJlgr, iul.udi gu0lIusIy NJ O. G iOW mld- I
lll n al Ic and d So; lor OF low o. middlng Z
o. i s-- m.lrl.l- ar lI e and Is IS goo4 /
PM dLIng a. I4 i and o. sc .a purchase made I
in The e1ruiu j, and lair aJ he, w e continue /
the oHgi-l quotations unchanged
Ordinary G. "
Good ord tl stl-- ]
Inu- MI. FIInt .-- "a .sI - I
BIO A.iH -r------.'-.'.------'r--,-.- -
H9'd li--.l ~ - 80
Market week. nominal aud UNCHANGED.
UaIuzs received 90 oar cou IA eEcnange Z
make known that the last frost, succ-e ing ]
TUu others. was "a killing one ia the district /
gwen v-fve miles around 8smp lls The Top !
crop Is Material 8 aGec ed; buLls PARTIALLY I
rlaiursd are srre-ted IN their growth. ana a I
corrsP- ding dimlnuuon IN NE yield VII /
COTTON STATEMENT.
E-c=i we'd since last statement 1876
Received l-l olay ,---..--.-------- olll Jsils1
gf,f-...z .--. ~. rg-f gr-.ay,,ar,t ass AZ 0-g |