Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1879-02-25
NnTTnN.

At the close Of our last week review of
# the cotton market for the official week, New YORK
week TO t33c; New orleans quoted ss-sc Declined 70
gilc; Liverpool quoted 6asi, declined % 81 90;
ment Is mixed IN Liverpool ana IN New OfleanS,
j over which Liverpool has commanding influence,
4 there was slight decline; IN New York and Mem.
pills, where the splnneTs were doing most business
there was an advance. The market as whole,
evidently have been higher had n0l the affairs in
Engla and weighed it down. Difficulties with the work
men there, arising from the determination OF mill
owners lower their wages have caused strikes and
4 disturbances which added 20 the general "shalSy'
paral ling Influences that affect the cotton export
i trade. Tue New York B'jtetig, OF Thursday de-
expression OF dissatisfaction among all classes Of
operators the continued stupid and mOnOtOnOus
enough TO take active measures for intusing more
life In view OF the close balance on
day, and Fridays lulietis said: Business was not
unusua y fun 10 volume but the bidding more de-
gain saue on values he'd VEN fairy. The intu-
encss tending TO produce this result were TO be
from Liverpool the hight OF receipts at the ports
and the comparatively we'll sustained tone on the
from Bombay aleO an aid I'm strengthening the
position the figures showing considerable shrink
considering this as an offset to the gain on
crop" The New orleans Pc1yths, OF saturday, had
italy unchanged the extent Of the American crop
is still the most Important element ia the future
an excess over last Of twenty ave per cent but
are not up to New YORK estimates; The crop move
mates OF the total product and the quantity sent TO
the seahOard during February has doubtless shaken
the confidence OF many OF the 4,S00O00 advocates.
On the other hand there Is growing bull element
which admits a crop OF over 5'lO 600. Jet ex-
sumption under present low prices, and hope tie
short supply from other sources than America wli
of ct the Increase this side OF the Atlantic. This
view Of the market has doubtless done much to pre-
yent ths bad break ia futures at New YORK which the
b.a fsyfF affl ~
20 Se re- tii ias o ,55 t1 @ S az 6
but lie b=ef IS sti general thai snail not reach
ths aggregate n last seaSO3.' In the Memphis
market the inaulry has been good throughout the
week, mainS from spinners; factors were very stitf
In their askings. and eventually secured lsc adj
vance. OR receipts sradlally appIoaeh nearer 70
hind. Our shipments Tor the last two weeks were
the heaviest Of the season, amounting to 4o,3OO
Receipts in MemphI during the official week ag-
gregated $3.50 Nles, against $3.50 bales the
previous week, aud 10, 1877 bales the corresponding
week last son, ana 10 l4g bales the season be
fore The total receipts since september l. 1878,
were 2a2 4a4 bales against 3245U1 bales al the cor
responding line last season, showing decrease of
32Ol3 bales Total receipts same time in lS16-77,
Ship nents during the official week aggregated
202sg bales against 25.OlS bales last week, ana
IL .gO2 bales the cOrresp OnCing week last season
Total shipments since September lst are 233 $50
bales against 2B6,p36 bales the same time last year
the total stock on hand was 59.553 bales
against G5sg2 bales last week, and 63,765 bales at
sales during tie week were 1880 bales, $3.50
bales to exporters $3.50 bales t. spinners and 100
bales 10 SPECTATORS. Durng the previous week the
total sales were 1850 bales. During The CORE
spending week last yeas the total sales were 1880
bales. n which exporters took lOt4tO DaleSi SPIN
ners, 900 bales Spectators, 100 bales. Price OF
middag cOt,on,Si3c, against lOSoc atthe same time
last year. 800
35S same date, 1873 3,46o,sI3; same dale 1871,
34gt .qOl. Increase OF receipts at United States
ports this year 244S bales, against u $3.50 bales
last week. Total stock az AL lors. S24.7S4 bales,
against 800. 666 bales same time the year before.
Werld's visible supply February l4th, 2,4b1,SY4
balei. against 2,IlO26l bales at the same Ine the
year before Decrease Of cotton In sight, 242S
bales, as compared with the same date In 1878,
and decrease OF dO3,1lO bales, as compared win
the same date In 1877.
saturday, last being holiday, no kilograms were
rece we'd and this m0iulng their tone and figures
differed In material way from those OF last week
The principal change was a slight advance IN up
lane cOttOns in Liverpool. but any advance In that
market is spec ally welcome, as there has been the
weak point OF late. Splnners weIe looking round
actively In our market, specuiatOrs dip. ed Ia lit
tie importers, wary as they weIe last week.
The quotations, I'm consequence OF little eastness
amOng factors clio 3ely represented the market, and
a. - afIN. Fnnn uan