Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-04-15
COTTON.

At the close Of our last weeks review Of
th8 cotton market for The Official week, New York
quoted midcl ne cotton It Use advanced 10 1889;
New Orleans quoted lO5sc, advanced to 1885, Liv'
erpOol quoted Glsd, and remained unchanged dur
ln- tbs week; Memphis quoted lose, advanced TO
lO3ic As last Friday was generally observed by the
exchanges as Il Lol-a no market, OF course, @as
held. Prices d .ys been, In our market, ruling
higher than those Dlaced upon the board, and The
Is understood 70 be the small supply OF cotton
on hand as ". Il a. the very light amount expected
d De receive her at-r this season. The New York
l5fAsfiH, OF Lass Thursday, says: "rhere has been
some n c-ul,llu on contract TO day, but generally
40 q higher rance, and the matket shows an under
tone OF much strength. The available supply here
continues limited and under good control. Tine
ngutes on the movement Of the crop show all the
supporting snd stimulating elements before claimed
Win an increase II anything; and while lapse In
the demand during the final hour OF tOdays session
gave the appe rauce OF larger offerings and shaded
values somewhat irO.l the extremes reached. there
was no pres 'uTe or ans special desire to sell with
frsedOm. The balls we're also disappointed in not
having the continuous support OF the Liverpool
and MADE no subsequeni recovery and this no doubt
prevented Z .ealsf buJyancy. A great many opera
cbap.ss saiSurns over to,Iiight mini Monray thev
sre not inclined 20 make new deals untl after the
holiday. Taken as whole, the mal ket may be con-
sGered pretty steady but subject to fractional vara
5cepts IN Memphis during the official week ag
gregated 1902 bales, against 619S bales the
previous week, and 800 bales the corresponding
week last season, and 2OI1 bales the season be-
lore The total receipts since September ], 1878,
were 867 500 bales against 3S2 Il bales at the cor
responding time last season, showing a decrease tf
872.244 bales.
shipments during the official week aggregated
1l,5I7 bales, against 10,627 bales last week, and
1886 lies the corresponding week last season.
Total shi1melts since September LIST are 330,142
DIES against S5467I bales the same time last year.
"a decrease OF p go bales.
The total stock on hand was 3S,4I1 bales,
against ~ 1913 bales last week, and 33l3S bales at
this time last year.
sales during the week were 500 bales 1900
bales TO exporters, $3.50 Laies to spnners, and $50
bales 20 spectators. During the previous week the
total sales were i2.7OO bales. During the CORE
spending week last year the total sales were $500
b1lts, OF which exporters took $3.50 bales; spin
utTs $3.50 bales; sps .ulaOTs, 800 bales. Price OF
mlduling cotton, lO3ic, agsinst l0lsc at the same
time last year.
Worlds Visible supply at the end of last week
2,24S,yS4 bales, against 2,GS5,l 80 bales at the
same time the year before. Decrease OF cotton in
sight, f06 ! 81 bales, as compared with the same
date Ia Is ~, and decrease OF 693,B43 bales. as
compared with the same date In 1877.
cur dispatcLes from New York and New Orleans
ye ,tsriay Monday morning reported the market I'm
DOtn places strong at an advance In Liverpool the
exchange WAS closed. Oar market strong at
board phcas With offerings light Figures IN the
morning were advanced lsr, ana q further advance
of lss OF al grades except good niddling and mid
ding ilr tlfected In the afternoon Quotations.
n revised were As follows: