Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1874-11-19
FINANCE AND TRADE.

So dull and unpromislng has everything
appeared since the season opened, that
the demand for money has been slight
Since the improvement that began 10
show itself in the price and prospects OF
cotton, The existing indifference about
money has disappeared. There is 8 gem
ersl desire 10 move a little cotton At
low prices, and to crafty the desire
money is wanted, Rates remain at 10
per cent in the banks and l362 per
cent. ia the street. Exchange remains
at Z discount on New York, Z on sight
bills carrying three days grace; I on
New Orleans; selling on al points at
par. Nothing talked Of in the stock
Snd bond line, except that there is some
inquiry for AlcOru Mississippi money;
We could hear Of none Offering; IS is
offered FOR it. The Nashville Banner
says: Tennessee bonds continue firm,
being quoted in New York a. 76G77
and az 57G512, with sales reported at
81. These bonds are held at firm
figures In this market. The old and
new registered bonds, ex-July cou-
pous, are quOiedsat S75 70 SO, with
ial-s OF the new fuuded bonds at 81.
This looks we'll for our credit away from
home. but cur own people seem disin-
c'iuei 10 invest in them, from some
cause, There is 8 better feeling in our
local stocks. We heard of % being
Offered for g round lot Of Nashville, l
Chattanooga aud ST Louis stock to-day. 4
Nashville and Decatur is firmly held, /
with none offering. Brokers bid SO 70 4
~ for it. New issue Tennessee bank I
notes are held above the market, hold |
eTs having conf ience in the result OF
tie case in the supreme cnurt; IS was
offered for a round lpt to-day, the owner /
refusing to accept the ofier.' the New 1
EorE Times writes: 1.-THE fact that so
few merchants have failed this fall Da-
iurauy inspires capitalists with conf |
dalre IN meTcsutils credit The ~ I
Louis Democrat reports: 1.-THE market /
has tighteued up little but more on 4
sccouRt Of Prospective increase il the
demand than for any change in the /
current inquiry OF customers. For the /
seasOl the market is wei supplied with /
rUIs-" The RllEimcIe Gazette says:
90 There are uO marked changes
rH values, bat the general ten
lsGCv ia al the great staples is
q lover rather than 10 higher prices.
The New York BUIictiR, November
-4th States 'sF1rthe season Of the yeRF
commercial bills are very scarce, and the
hest C SIS were quoted al 81 S4@,64 So.
Tie gold market advanced because of
The probability that gold coin will soon
begin 10 be shipped, only one more adj
vance In demand sterling being neces-
-ary to cause a general export move
msut; with the market even up, for
business, to present rates, some bankers
can ship without loss.n
TIE COTTON MARKET was not lively L
Yesterday. The influences were unfa-
yOrsUie-the cotton star was certainly in
opposition with q sinister planet; the /,
cotton saint must have been watching (
the pretty noa.;s, f0T things got worse
The weather was as bad as Mdc5eth's
witches mixture, and grey spirits were
predominant, Tor Ie glOOmiest hue OF
that dye covered the ornament "frOm
freshest morn TO silent dewy eye.n To |
examine cotton not seen before, with
auy satisfaction to the examiner, was
cut Of the question, and strict buyers
wOG.d not attempt it. There was OUe
cotton pursuit however, that was pOpu-
Jar, spite Of the Weathsr-that was hunt
ilE up "riyeT bottoms To outsiders
this may appear 10 be a cheerful study
ItI q AlN uliak uLcaDAE 70 Duelu6ezS--LD III
si8eTs u means that the knowing ones
would ike 10 get hold OF the best cottOns
Of their grR5e before they jump up 70
uBatUlinsble figures. Holders cid not Il
respond they like "river bottOmsn too. 4,
The kilograms were not RaspiCiOus; I
spots were dull and futures easy. New
Orleans was quiet az &c decline, l4sc. (
Liverpool was firm and unchanged at ,
7zi, but arrivals were l-l6d lower.
sales, as reported to US by participstors
Eu the tTans5 ctions, We're st 12c for barely
good or1insry; good ordinary, Isle; low !
ufGdling, lSlGl34c; midd!iDg. l49I4le: {
some bales OF fancy AZ BE. Tie ]
official quotations Of the cotton exchange
were as follows;
Ordinary -.----..- &c
Good ord nary - {
Low niddiiug g.. "a g -
8llddI.ng I 4tgI4
GOOD ulidcllng------------.---.- --.-l41zl9 li-4
The market wasQuiet; sales loo bales;
OF which exporters took 500, spiDneTs
500, and spectators 200 bales.
IsL Is5 1S72
ErCeI pts FEeter y-------..... l-s2 l,1i4 4,4S1
krcai1 Pr same day last week 1874 ass zzzs
Receipts since last Friday 50 l0G4 Zee 2
F-c-fuis So me time last we XII dJ5 iolf7 lose
Receipts same time week ne
10 ts1It lb-L.J IS ~
Receipts since SEPT l----.l0s "a sss72 lUi.s7S
81 OK on hauu--...------.o d sll8 zl,liV b,lt /
-H o. sl .4r. b 200
RalIrd--nOr-h e75; south, -. SO I-sl0 S,y3j s
EIver-uorJh, - south ...-.- 100 900 ,
-5.s7s g. So 77,7s7 ,
The New Orleans Times Of Sunday
reported: ''The TeCeip.s were light, the
amount proper since last evening being
ouly 2l5g bales against sos Oh last Sat
urdsy and Is. last year. This makes q
total since August 3lst, Of 2U7 4l9 bales,
against IT2 435 last year, showing an iu- :
q 4 Il
B5dlsfia, NOvem Der 10th, says: "There /
is continued gain OF strength on the
market FOR spots, and though the trans
actions reported are not large, buyers
are not only ia good attendance, but
evidently more auXiOus, and several
hundred bales have been taken OF which
no notice hs, a. yet been made. Spin-
u-rs show the least interest, fhe demand
10 the maiI coming from exporters. who s
in addition TO the attention shown de-
e,-sbIe samples on table, are looking .
Id saort notices, and for these biddingl
vel, "A II l6c having been offered and .,
refused in several instances. Current
quo ATOMS must be looked upon as
= lilde nominal, holders Of stock 20 :
Few cases icing willing % accept -
them, and the supplies Offering showing
a considerable reduction nom the
gu,gu1t available early in the week y
liverpool is csbled firm TO day, and the =
continental markets show an advancing 1
tendency. For future delivery there
has been q direct sympaLhy with the
better tone ON spots, and the marAet \
ureftv irm Throughout on al months, Z
with considerable covering and some Z
fresh purchases, the Impression prevail. :
ing thai now that the upward turn has 7
commenced outside spectators viii Os Z
attracted aud the market materially
stimulated. The belief IN falling of d
1f receipts is also quite noticeable, and 5
the prasen. movements of exporter Z
1romtse 20 reduce supplies on hand )
somewhat. The close was less sctiv6 I
and not quite 50 strong, but without!
depression"
THE GENERAL MARKET was quiet;
o,,ls or two b8Rts were in, but they deliY- !
cred nothing that caused animation. |
Corn ID. second hand sacks was offering
aud sales Of mixed were made at S5(ay5b g;
soroe choice white WEs held at SSc, but
there were 90 buyers AT that figure; all
fine corn was new but in good condition.
oats. bran aud hsy were without move
y,,eut. C0rnme0i sold o. 81. with very
-7,.u demand; il was said that E2ies
baa h.gn made for less, but We could
not trace out such transactions. F'0to-
yocs sold I'd - = for New York peach
nlovye and s. foF early rose; this was Vt
ne railroad depot; for western on the
landing, s. 40CG.2 IS was given for rus
.ets. ans s. 50ls2 90 for peachhlows. The
ror produce remains as reported on
TUESDAY, yet the price in tie inst mar
8. ...rTl rsr7tf lfrc reason OF this