Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-10-15
FINANCE AND TRADE.

FINANCIAL MATTERS offer not sim
gle novelty, outside Of the Ohio cleo
1an. TIE result Of which IS expected TO
have very important Influence upon
the immediate future Of our financial
policy. Different persons argue coed or
DO from this. according TO their views.
Ha=l ui the banks report money strin-
gent; che hank is ovelH1wing with
plenty. Collections are better than al
inc up ming OF 'be week; ore house on
south Front stIue- received REMIT snces
on Nf4ue-iHy 10 the amount Of $1,000
ler hsLt- VeueTs. ~ express satisfaction
.l'h The very sound bszis upon which
tuzlness j. doing. Northern exchange
I= g.BpiHiugu OF by some banks a. be-
lng -ga-Ue, while Others report album
HHHcr. Rates on northern aud eastern
points discount; On New OIleaus
Discount; checking on both II par. Gold
vas up again, quoting ia New York ST
noon 1854; here bTnEers were giviugll44
tallj, the h.ghes. price being fJT the
largest amount and coins. Five hum
d..d shares u Memphis gas stock were
Offering IU the market al 81 Securities
we've stsguaIt- and We repeat quota
tinl-:
2lan phls police and fire. buyIug.... ..-- Sass
Memphis tax ser p. buying }gtGf
'1uu-t warrants buying ..............7os -
sale warrants, buy ...--.......... SO g
NtH issue, tennessee, ng-..............-lj 40
TINT COTT0N MARKET was dull al the
opening. the weather was bad; dark
clouds IA ste the day very unfAvoIab.c
f.T the examination Of samples. The
LyeIp OF lie Rs, however, was consider
e. got, bui When the New York tele-
grams arrived there was decrease Of
COZ Gieuce. Prices remained at the
same ijcisl quotations, but some desire
T. sell involved essiness OF terms and
there was Shading IL was said, O the
smoGlt Of &C., but that could have been
only where money was much wanted,
Tor the confidence IN picee lie very great.
There were instances Of middling selling
down d l5!c for ready mouey Sales
generally were thought TO indicate 5c
lower than the previous day.
80, 49, , - g
700 "ralhs' gl2]s
ts.lrr-.- I'm @
80. ~ $50. - @
ne marFe. was quiet with a shade
easier. ofles swCTufcf 10 1900 bales,
Including 30 sold last evening. OF the
sale- 1900 was for export 400 for spin
nirg, loOfJr speculation. The New York
Bulletin Of Octos er lIth had the follow
lup: 'QuJ,a,ioEs are marked UP &c fer
ai cias-ys OF spot cotton, except stained,
"a lich il marked up 4c per 70. These
%. valces are justified by bids il not by
sales. The market Is only moderately
zupplcl, and desirable large lots, avail.
able for immediate delivery, are held
for stlil further advance. Ia addition
20 tie seles below reported, a sale o.
z2iI bales has been made today
p.,gat5ly, TIE cotton to be
ueiiveEeu wi.hin thirty days,
basis middlng, Is 7-I6c. Futures
opened Lice higher on the strength OF
the liverpool market, and was subse. |
queaily engineered l-16@Ic higher, |
with the most strength shown in Ooto. |
1ar. Later the market reacted, and the |
improvement wac partially lost, the |
market closing only l-32Gl-16c higher, /
as compared with last evenings close, |
with the feeling decidedly weak and ir. |
regular At least one dispatch was ca |
bled 60 Liverpool yesterday, reporting q |
killing frost 81 the south This dispatch |
was uDJus lie5 a.d designed for the |
purpose o! fiuencing the Liverpool |
market. The advance in the Liverpool |
~ srEEt reported by t0-day's cable is at |
-r.hutsd o. this false report. Dispatches
cantBdicting the Tumur OF q killirC |
frost have been sent 10 LIVERPOOL to. day, |
aud we notice that by private dispatches |
tEat market is reported ss closing from |
qm.t 20 easier. The CROP accounts, ia
LHc', are coed, &ad warn weather is
Iole Gu by iue signal service buresun
The closing tsiegrams were as follows:
NeS York quiet; middling, l4c; sales,
1903 BAGS Sew Orleans easy At I34c; |
sales, $500 bales; receipts, 5607 ba es
st.cng ST 7sd; Orleans, I'D
he minor American markets closed
as follow: Galveston, l3}c: Mobile,
i8o; savannah, I32c; Charlie stop, 1890 |
IS Z l6c; Wilmington, I3sc; NorfolE.
1870; Baitimore, lS3c; B sion, l4c; ST.
luis, l35o; Augusta, 12E9l3c,
The following were the changes liz New
York futures: