Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-10-24
FINANCE AND TRADE.

THE USUAL QUTETUDE was predOmi-
usuto on Madison street yesterday. AppIica-
r.1ls for money are not sufficiently numerous
Oh arouse suy body, nor are the amounts
granted sufficient 10 cause any undue dis
placement in The center OF gravity Of the
financial world. The Chicago Zrlbafne says o.
toe borrowing race there: The demand foI
money continues considerably smaller than
tie bank. would ike 10 wires. The uneX-
pected, and In great measure unusual dull
ness OF the loan market is accepted in a much
more cheerful spirit than one might expect
though tie lew borrowers asking taTOrs are
accommodated promptly, and AZ remarkably
easy terms. Interest rates are quoted al sIlu
I-r cent. for time, ana 5-is per cent. for call
loans OnlcaEo none airy circles, however
are uiiga-lF neaIll az. lur tue reason tiiaI the
W1ueyea folks Of san frauctsco, having a
N1peruEliy Of capital, are about d loan out
large sums no lllcazC-that busy city Will
ma a use Tor an il can get into lis hands.
81 Louis thinks there Is pale beam Of
more cheerful light falling upon us finances.
rue D"l1tocT1t o. that city say. The unau-
r.aI outlook yesterday Was a little brighter
than during the greater part OF last veeE k
There is a very Close feeling IN the market 10
lA VINO ere no. regular customers a. the
banks and this clos have considerable dlfl-
Guilty Iu ue-lfi ating their paper 10 she reguI AZ
channels. The stItngeney in money matters
HLHzlleurea uT the general run OF borrowers,
is not Que -1 much % "a scarcity In the supply
u. InauaDle lands as 10 l. 10 the extreme care
H-I. -LLel .ALNs NAtANtA NI AllE
banks ln pacing luelr funds 1oOu paper Is
au demand at Tie BANKS, and Il readily &C
Cumuglaie.s 90 current rates. but mere 7luflle
affairs are lu such a state that the banks do
UlI care % 20 out after business The rate -
exchange on New orleans Is undergoing a
C-E--a; dndiug = discount unsatisfactory,
some Ht ne banks are taking u Al s.s thus
putting Do al Ila same 6glre as New York.
Boston. and u-u6r eastern points selling GA
a-l points 40 psr. Gold was taken by the l-o-
her 40 ll' selling a l.Ht4 "a p NOfhirg NOV
Lu- lu securities ut any Kind
TIE COTTON MARKET yesterday did
un. present a. great an amount Of activity as
O.. some previous days Of the week, neYerthe-
i--- Zl1d day business was cone. Irle-
t-ls IlHu New uIk were Of the thorough
howl 0rli-r. Tower 10 SELF being Ihelr
u.IGeus. the market closing weak At I'M
changed quotations middllngs, Il C.; New
Dreams Tgas ltIu with good uemaul al l4 Sc;
Liverpool was quiet al 'd- Nearly all the
cotton -1.d lu our market was ullddllng and
flu lI-dIUEs prices were steady at former
quotations. but the market closed week. : les
Ire .la1l Eo11 ordinary AZ J. 'zc low mladilng
lt rI C- mldullug al ls aide; fancy al
lr' The u-risl quotations remain IN
changed, a. follows
ti-l iilil y g y =
H1lu ordinary e IS 3
Low mlaullug g.
Good Ilu-...-.--.--.-. ..---.....-l8 z.slss !
-le market closed quiet and nominal; sales
ll.l bales, OF which exporters tookllCu.
COTTON STATEMENT.
stock September J., Is-s......-....-. ssh
i.s.e.Vgl since last statement l722
Received prev 0u- ----.-------.-- 1851 81 t-
Shipped since last statement ..... 1875 $50
saippal lrr' lou- y-------.--.-.--. Sis 5iull
sock ar noon this day--...........-..-. a55g
I,uFoiTs.
THUS far this ,gl
Thus lar last week. -. n AS
since sepselu1er III 30
rs1..f-5 Il go ,--Isz,- =, =, i,,--5j -