Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-07-14
FIHANC'E AND TRADE.

TIE BAN Ks yesterday found business
on the &c ale Of the Fourth OF July con.
''nuea. Exchange was in light supply
ana der land st par buying and pre-
MUM selling on New York; on New
o-ieAns I discount buying aud par
irg 'Hold was lower, quoting al
York At noon llI!; here lIC' 9" New
York Post Of Monday =. The New
ans the rates hav says ron gold
To- carrying a. d been lG1l! pss cent.
that the go ID 'fst;' these rates show
large, -iort interest in gold is very
ket a. the supply In the mar.
Eouid' except for the short ill.,
rITSles' make gold very heavy 10 carry.
e ieaulng drawers OF sterling this
,', ~ marsed TIER rates up 10 4 50
80 - proper 10 sly, Was partly due 10 the
81 mat tie Bank OF England
-.lAs -t0Wers5 the price at which
4 viii take United States dou-
e esgieS ii having bsen T6s. SD.
1 Hnu d nov he ing Ses 3 /. Demand ster-
s must Tow sell at plump 4 500 TO
,IS 5II ~ snts OF double es eles posi-
"tuuo at lGsE, and must rule enough
tnt to make the profit satisfsc-
~ W bankers before important ship
i ti will be made The Lopdt,n
I HI" mist, of June 24!h, SAYS: %The
80 Of England return o. this week IL
,.1, arcade for showing the largest ae.
- mutation OF gold at that establishment
~ er recorded. The total sfGck ~ aoIJ
. the bank q England il now sSont
-, 59O,UOO, aud the cash reserve ia t.ia !
Da1klng department cI7, 500, eOc. The |
10" ttste OF the private securities and |
t tie large amount Of Private balances at |
u nank show TIE present difficulty OF
employing Money" There is little AZ.
tentlon Fssd 20 stocks or bonds: 1000
SlshteTs Insurance were Offering at az
arc u was reported on the street that n
sale OF 1900 Union and Planters bank
Stock nad been made at IS.
.smnb,, Brytng. Selfrg.
aenphis tax scrip, 1875 ......... S5sS7 SsSSSa |
.1Ssl.y WsiranLs .-............----55g76 z8dSO |
AAshsSas state soTip. 6O962
IHE COTTON MARKET yesterday was a
great improvement upon any previous
one during the month. Liverpool was
I-Io2 higher which shows that fears
caused by the Servian war are subsidiuQ.
NeW 1oik was very firm, but futures
o Ci, weak after being steady and firm
III Inc dsy before. In our market there |
was some activity IN the INQUIRY, but
'eGyers complain of the small amounts
OF desirable cotton placed at their dis
posal. a table OF 900 bales low cotton !
SOLD al 13c. A good style of midduog ,
would bTing lie, and of good mi,i,lljnS
I2c. IL will be noticed that sur oUotss
tons are msGified in one CT two Of tha 4
ngures. Fnr nice cottOas holders were
nrm, more so IN sonLe cases than con. ,
sls'e Ell wl6h buyers limits. The New
orleans psPers, OF Tuesday, report the
. rival of new bale frcm the Rio
6cADIe, iron Brownsville, from the Q
plantation Of q. Brulsy. Last year the 7
llinst New Orleans new bale came from :
RI. Landry parish, arriving on
July Ia it was middling and sold 2
at 25c. In 1874, the first Louisiana bale
did not arrive until August 18th; in 1873,
August lst. The first bale Of Rio Grande
cotton last year reached Galveston july y
l6-h, and sold at 2Sc. AT this time last v
yesr we had remarkably hesvy rains in
memphis. "a the twelfth the fall was /,
l.35 inches; on the thirteenth the river
rose nine inches in twenty-four hours, P
aud tiGiL IS came in Of the upper streams
being flooded; great fssrs Of damag-
ing oveIhow. On the fourteenth the
river here rose eleven inches in twenty y
four hours. On the twenty first fears d
sun continued; the lowest tic r OF planted
ground, near the mouth Of creeks. 4 {
was covered; the river w6s brinr' SW
Nioksbnrg Herald Of Wed" - 70; IRE
"The news from Davis I'D l,e = says:
isfed t to ir,nro oTo rjLlsr is not ealctl-
bsfrTe i,,dI,t,r; ne future outlook. Lat ?
abaIi VT ,s,U"'' ..'g in any speculations we
tic NJ - sRd waltz Quotations At S
foII SniHhis cotton exchange were as (
Yesterday. DdV before, |