Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1875-08-07


publican Of Wednesday reported: "FiOur
receipts for the week were very small,
and sn Indication OF holding back Of
shipments from the usual source OF sup
ply OF the general maTket-inducej toy
the prevalence OF wet weather and an
anticipation Of advanced pTIces. Re-
c6ipts, compared with the preceding
week, were very small, s. 1863 barrels,
g-Zl bauels-bOth a minimum 70! this
market. To show how far flour has been
held back, from Whatsoever source, il Is
only Necessary TO compare the re-
ceipts o. the week under review
With the week terminating August l,
1874. For instance, this week 1863 uhis.,
auG the week ending August I, 1874,
20 5lb D5ls. Stimulated by the probable
effect OF the prevailing storms on the
newly-hsTvested wheat, and which hEve
been specially persistent in the psst two
or three weeks, hgur-selIers have been
recovering from their dependency,
gathering hope and buoyancy and firm
ue's. Early in the week there was a
much more active movement sn the
part of buyers, and the movement i0r
the week was largely beyond that OF the
preceding period, lEe aggregate ssles Of
the present week comparing 88 about
1900 bOIs. to about Il coo tie previous
week. Spring -tCaE mas been held Dsck,
OF not freely Offered, and With a short
stock OF old winter, aud the liTmness Of
holders prices were advanced at least
SOC on sush, and OF mediums l5MZDc
The demand has beeI Tor al The better
grades Of old stock, aud on these have
the holders based themselves. Low
down grades have been in no more than
%. Id. 4 Fr
usl without any notable CHANGE
-Sugar-PoEdered, l2tA
l2]C; crushed, lZtGl2to; ca. loaf, I2fC9
l24c; graduated, HOE; A, ll9lsc;
extra {, lO1C; c yellow, S49lOc; open
kettle, 9GlOc; yellow clarified, 1O49 |
lie; white clarified ll+3ll4C.
Molasses aud SyTups-Iu barrels, per
gallon, 45l975c; market duh.
Cohee-Rio, per pound, inferior TO !
fancy, 2l@2 4c. Tea, 5Go@pl.
Salt-per barrel, domestic, 81 75t9l so. |
German Soap-per pound, 5Gl963c,
Candies, per pound, boxes, l1c; half |
boxes, l75c; quarter boxes, lSc,
54ciG kegs; in boxes, 6tG963c. !
S.arcd-44(B5tC.
HAY-Sale Of 40 bales; fair timothy at |
500; AlkanSs prairie, SSG9.
LIVE STOCK-HCrses-G saddle, |
drawing, SL4OGlSO; plug, SIS
Mules-l4al4! hands, S90@llO; I44@ |
Is, SlI00l45; HOS, Sl45alS5.
Cattle-First qusIity, 4a47C, gross;
second, 3G34c; third, 23@3ci poor, 2
@23c.
Sheep-First quality, s45O95; second,
So 50G3 IS; Door, 81 25G5l IS.
HOgs-NO demand. There Is a fair
demand for cattle; mules and horses ara
dali; nothing doing in milk cows ST
S2OG40.
OATs-Nothing dOirg; new nomi-
nally 64965c; old, lsst sales at zoo.
Observation-Disclosures, 9g6 |
93c; clear rib, l3iM13sc; clear sides,
l34@l3Bc, loose; packed, t94c niger.
hRms-SugaF-cur9 l319l41c for can
vased.
Lard-Tierce, I43c; kegs 144c; pals,
I59l5lc for refined.
Mess poTk-Psr barrel, s23 sand look
Dg higher.
Breakfast bsC0U-CaQVssed none in
market, nOminally l59i5ic.
There was no CleNrside bacon in the
market and our quotation for it is NOM
nal. Mess pork had again advanced.
DEMONSTRATION Tor shipping at $3.50
81 per bushel.
PEARs-Demand good for shipping;
lesleTs are paying 752l9S2 bushel FOR
hem according to quality. Fancy for
nome sale commands as high ~ So.
PLUMs-For shipping 100000 psr
Jushel.
POTATOEs-There is good demand
md better prices are Offering for loose
or shipping, 81 5O92, the latter for very
choice.
SToCK PEAs-Per bushel 81, with lit
lie demand.
SWEET POTAToEs-For shipment SI@
so per bushel, loose, with good de-
nand,
WHEAT-TheIe were no arrivals; there
2 little in the market, but it is held
above buyers views. The st. Louis
OF Wednesday says: "The
Incident Of the week was the squeeze
o which sellers for July were subjected
~ some pitiless persons, and which cUl-
minated Saturday by the last possible |
urn Of the screw, when settlements |
we're made on q basis Of 81 IS for No. 2
ed winter. Some days previous, how
.ver, settlements for considerable |
AMOUNT had been effected at about 81 50
al So. Il is TumOred that the mAnipula-
ions Of this squeeze was assisted 10y |
IN interest represented on 'change IN !
declared hostility 20 option deals. The
corner on July has been dissolved by |
expiration OF occasion, but il there
hOuld be further unfavOrabie circum-
tanc6s Of weather, and other ciEcum.
tances contributing, another squeeze
Il sellers for August may eusue, = !
aTge margin Of profit a0d Of loss can |
,e discsrned in the possibility Of prices
n Inc Cd no 4
aud the will. II is undOubt-
diy tue that the damage inflicted upon
he wheat by the persistent laius will
cry much reduce the supply OF No. 2
.rsde of winter, hut The prevalence Of
he weather Of the two past days viii
usUre sn abundance Of lower grades"
he Chicago Tribune OF the same day
epOrts: There were good many buy :
ny orders in early, nearly all for Sep
embeT, and the market advanced rap
lily while those were flied. But ii
vas discovered nobody wanted cSsh
Wheat. There was no shipping de-
1a1d, and capitalists did not want
TO carry into next month, there
eing no profit in the operation. This
urned The tide. Operators for the fu-
ure being anxious sellers, and though
be September option weakened fast,
ash wheat declined still faster, being al
ne time discounted fully &c per bushel,
Circumstance which has not been par.
lleled at this dste for many years past.
he situation ia Europe seems to be that
hey have q gooi demand for the wheat
OW there, tut DO lot care 70 order more
rom this side Of the Atlantic till the
resent excitement has cooled down, as
callers there think western prices have
cen run up to a higher point than is
warranted by the circumstances. They
7iil probably take little more until they
ave found out the exact situation in
Europe aud canvassed all the possible
Ources OF supply"
MONEY MARKETSp
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