Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-08-10
RiNAN" s 5SD TRADR.
THE BA

THE BA
holiness SKIS had the usual report Of
nj rec, yesterday, mitigAted by plenu-
the apjs Of exchange, which quotes
.sr asusl par buying and / premium
Ling on New Yor 8; discl nat buying
and par selling on New Orleans. The
New York Bulletin, Of Monday, report
ed: "The rates to-day Of New York ex-
change at the prices FAMED were as fol-
lows: Savannah, Premium Cinoin-
natl, easy, 50 to 100 premium; Chicago,
25c premium; New Orleans, CONNER
cial, I, bank 4; Charleston, none offer
ing, selling premium, aud 81. LOUIE,
par" The same payer says the Egg
lish iron trade appears to be in worse
condition than ever, failures ara am )st
daily, the iron ship baiIdiog shares in
the depression. Ths French aud Bel
gium iron trades are also troubled with
difficulties. Business with Us IS certain
ly very unsatisfactory, but in the light
Of these reports, it is something to Know
that it Is 10 worse than il lie Ia other
great iron-produciDg countries. Gold In
New York quoted III at noon yestgr-
day; here, Ill. There was an auction
Of various securities which resulted as
follows: SIS 200 stock in the Peoples in
sursnce company, OF Memphis, sold st
from 50 TO 81 share; 100000 second
mortgage bonds Of the Memphis and
Little Rock railroad, 1901 for the lot;
.s3I, 00a second mortgage bonds Of the
sanIe, for SI00; $50. 900 income bond Il
the same for $50; S2S, coo stock In the
same for SO; one first mortgage bond
Of the same, for S229; 81, 900 other
bonds Of The same eDjoined from sgle.
btTfng. Telling,
Memphis tax scrtpi old..-...-.-...-52 COS IS a6s
Memphis tax SCRIP l671..............65dS7 SsGSQ
Memphis currency bonds....-......35St37 $50
Memphis gold bonds..-..-...-....-.--.4lG52 <1-
Shelby cDunty warTants....-..---15a7 80
Tennessee warrants. -.........-F 70 ''90V
Arkansas State soTiP ---.....-----.6 oSg3 SsSscS
TIE COTTON MARKET zasterdsv 70.
ta,u9U - ~ onsI,, b,I,,ar 20 demand YVES
$50, a. ,LaS 49, 8 universally COM
P SsnLIo ogar,,a,S lad not access to de-
si-og H. IS o the extent they de-
sIIeS ,ba;- ~ -nmittee on statistics is
sGSr o1e1 >Gal monthly report for this
uso' nich will be found in another
IS"; In New York the figures were
tai'e with some advantage to the low.
aot" aud had another advance which
strengthened our market and CAUSED q
further advance in low cottons. The
Ne" York futures closed weak and Liv-
pool deliveries barely steady. The New
Herk Bulletin, of Monday, reports "spOts
active and strong, considerable sales
were made to spinueIs, aud the exp ut
movement is reported larger, within. in
connection with the natural Sympathy
which contracts, las 70 certain extent
stimuli sting Influence. Still, on the
whole, the movements OF buyers do NOT
eXhiDlt any gfest anxiety the purchases
Ior Foreign account were about all for
Liverpool, and supposed to have q snac-
ulstive bssis vito 8, bearing both -
and abroad, rather than 10 ART e.,
any positive necessity or ,at,,
IN sanding cotton cut ~ go
sumpuve purposes, az a Uitb
very few brokers or dealers saot,,. ,,' misn
customers, the position 49, 10y 10y
healthy tone. The a5| &c vs. - a goou
IL objected to by mar So =; - $50 - $3.50, 10
stood that buyers VINO are snre 70 taEe
-..oSer't - Juid not be held to the
ga aS,t,n- " ~ .rsme figures. For future
~ sre has not been quite SO
Inu uSar, ~ g, bu: = good strong tone was
pS, d dudag the greater portion OF
@ ~ and further addition has been
M de 70 Values. The prevailing infll-
1noes seem to be much the same as last
noted, the Liverpool ACCOUNT, the in
crease OF mOvemsnt in spots and the
report of rain ana worms from the grow
Ing districts acting as Il stimulus TO the
payment ofkhigner figures. Withall,
however, there IS TO be found q great
many OF the trade VINO repudiate the
idea Of sufficient natural strength in the
market to carry it even to its present al.
titude, and they attribute the buoyspcy
solely to speculative engineering, as.
sisted by the pretty thorough control
exercised over August by ths connblna.
ton working for a rise, and the
mRgnifying of the worm REPORTS
from the south" The New York
Chronicle OF saturday states that foreign
advices have been quite favorable. An
advance in silver at London has also
operated in fsvCr Of the upward move.
ment in prices. Trade reports have been
fair. Although it is admitted that Au.
gust is critical month 10 the c.op, es-
umstes OF the yield next season bp.6n
to be put 70 tn in this market Wit. 80
degree of col fidence, and the -
ly below four million bale I'D % 80
ly exceed four millior, = vn bnn,iTsd
thousa I'd bales. Quot .t;ons ST .he Man.
P"i' 0'''0-i eA0l"p Es were as follows: