Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1878-08-22
COTTQN.

Liverpool spots were reported frmer and
! 1-l6d dearer yesterday; arrivals were 1-32d
better. New York spots steady and without
change; futures were quiet and two to six
points higher. The advance reported in New
| Orleans on the day before was telegraphic
mistake and should have read &c decline,
at which that market closed quiet and nom
inal. Our market was quiet and nominal,
with light demand and continued liberal Of
| ferings. Sales were rs bales; quotations were
unchanged, as follows:
Ordinary, 911c; good ordinary, 101lc; low
middling, 105sc; middling, II &c; good mid
ding, 115sc; middling fair, 12c; fair, 1216c;
stains, 10@11c.
The exchange cotton statement reports
Received, 26 bales; shipped, 100 bales; total
receipt from September LIST, 416,058 bales;
total shipment, 416, 158 bales; stock on hand,
1888 bales.
The following are the New York market
good ordinary, II &c; low middhng, IL 11-l6c;
middling, he; good middling, IL 3-16c At
1927, firm; 12:15, steady; 2:12, steady.
Sales, 704 bales.
The following are yesterdays closing rates
of New York futures: January, 11:20@
IL %; February. 11.26@11.28; March, I1.33
g @l j April, 5l;49G@l9I1l.41; May, I1.E@
August, 11.97@I1.98; September, HOO
III; October, 11.46@1i.47; November,
II .26@11.27; December, IL 20@11.21.
The tone of the future market was at 1905,
firmer; at 1850. quiet and steady; at IL 80,
quiet, firm; at 1885, barely steady; at l,
quiet; at 2;3O, qmet and steady; at 3:l6,
New Orleans closed quiet and nominal at
lie for midding. Sales, so bales; receipts,
rs bales; gross. S. bales; exports coastwise.
stock, 1851 bales.
Liverpool kilograms reported the market
irmer -parcionaly dearer; middling uplauds,
656d; Orleans, 634d. Sales, Is 5000 bales; re-
celpts, $3.50 bales, 100 of which were Amer
lean.
Liverpool arrivals opened 1-32d better;
August, 81 1906 11-16d; Angust-Septem-
Der, September October, 21-32d October
November 6 1882; November December
6 IS 32d; February March Is SD; at
o'clock arrivals closed dull; November-De-
6 ZIG.
Received at the United States ports since
Friday, 3189 bales; exported to Great Britain,
2505 bales; exported to the continent, -
bales; stock, 49, 941 bales, against SO, 408 last
week, and 134, 433 this week last year.
The New York Bulletin, of Monday, re-
ports: From abroad the advices continue
but with a general sort of tendency
toward lower range, which, without coun-
teracting influence here of decided charac-
ter, would undoubtedly have depressing eff |
feet upon the market. The unfavorable crop
accounts, too, after careful consideration, are
not quite so generally accepted as amounting |
to anything serious, and probably have ex- |
hausted themselves as stimulant. Above |
all other features, however, looms the alarm |
ing reports respecting the yellow-fever |
scourge, and upon this the feeling has been |
very firm and uppish pretty much all day, |
actual cotton and nearby options on contracts |
showing the most decided strength In view of |
the probable check to the movement of new
supplies. On September there was slight |
of scare" and some operators
were covering pretty freely with only limit
ed offering throughout The later months
were handled very carefully by all interests,
put had an upward turn in sympathy with
he general market. For spots the demand
has not been very active, and confined mainly
Q few spinning orders from regular sources.
The market, however, gave token of much
strength from the outset, with holders look
ng upon their stocks as excellent property,
lnder the present situation of affairs, and re-
using to offer with freedom"