Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1876-08-01
FiaAEGE lid TRADE.

OUg COTTON MARKET review a week
aga gu tel mi31Irg In New YJlk a,
llli-I6c, Il advanced by the end of the
week 20 lIis New Orlssrs qao!ed JIIc,
ard remained at that figure, IS It has
done without chang. ever since the third
o. the month. Liverpool quoted SD,
bu. advsrc-d to 5 Is I6i. Memphis
quoted We, bat vent up 10 lie. This
s'A' .encut shows very steady week In
prices, New York advanced l.
l5o, sud Memphis &c. The
ehs Iges are slight, bat they are In sn
upward direction, which IS bringing the
market nearer 10 where il 4 )Od ct the
opening Of the month. The resson Of
the change is Improvement OF price in
Europe, Tue w5r there remsjps con.
fined to the parties AMONG whom It
broke Gu and the Etssucs Of sny par-
.cipstion by Inc leading powers hes
considerably revived public COL hience,
when Eas reflected itself IN q better cslJ
for goods and slight improvements in
pTices. Takn at the pest, hoWeyer
neither in tie English nor American lac.
tories Is there the animation and
confidence that could be de-
sired. Lowering wages and limiting
working hours appears to he the pripei,
pal operation Just now. Ia the mean
time, on our own side, accounts of the
CROPS continue 20 bs OF the mes: favor
able character, sud fall cotton crop is
expected, "a tuings stand st this time.
aE las ~ r1vrflgz=y 80 h..
Bulletin ssii: About the most notice.
able features on the cCHUrsct msrket
have been sn sppszent I minished de-
maad openly, and 10 one or two cases
some uli9s.iir = Yet always b1ye to
oe found ready 70 step into the breach
wherever there seemed likely to be q
ssIfo4s decline. In view OF the sources !
rom which a portion Of this demand |
came, Il wss supposed 70 be 10 part as a |
matter Of protection against certain |
op raions Of shippsrs, and in which |
both the Liverpool and cur own mar /
kets are involved, and part the result Of |
an effort TO bOlstsf and stimulate until /
further sal g could 5e made on the later /
months, There is still 20 be found fiost. 1
log around tie old theory that cotton is
too low and must ADVANCE and few
solitary worms reported from one or two
Oistre b. Crop sdvices from the 10 sj0r
portion Of tie growing area have con.
tiDued f+Vcrsb'e, rather improving IL
ANYTHING, the supplies available must 1
still be considered as ample, and there
Is continued SLOW uncertain. call fl
sCtIal use." .-..-.
Receipts in Memphis during the official
We aggregaEed 468 bales, against
45S bales tne PREVIOUS week, and 2Os
bales the corresponding week last sea-
son. The total TeceipIs since Septem-
Der !, 1875, are 4S3 $50, az ainst 32l 1855
bales at the corresponding ume last sea.
son, Showing an increase of 16l, 625 bales.
Shipments curing the official week
aggrega ed 2U76 D4les, against 1885 bales
the previous week, and S6S the CORES.
pondIng week lsst season. Total chip
menis since September lst are 466,8i5
bales, against 324 0C3 bales the same
time last year. ga increase Of IL, Sl2
bsles.
The stock on hand was 70 40 bales,
against q 54S bales last week, and 3I86
bales at this Jime lss year.
Sales during the week were $3.50
bales, against 1850 bales the previous
week. OF the 1850 bsies sold this week,
spinners took 1880 Dsles; exporters, 1900
bales.
The following elbows the course of the
Memphis msTdet aud the price of mid
ding cottGn from the opening OF the |
season: