Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1882-07-15

Total receipts same day last 81
Weeks receipts, days, bales, GIL against
8461 bales last week, and 1876 bales same
| time last year.
Exports to Great Britain, 1928 bales
against 1857 bales last week, and 1885
bales same time last year.
Exports 10 continent, S343 bales, against
| $3.50 bales last week, and 466l bales same
time last year.
Stocks NJ sii United States ports, 22334 $50
bales, against 2s0,32S bales last week, and
315,062 bales same time last year.
Total receipts to date, 1887. f60 bales,
against 5,66l,715 bales last season, aud
/ 4,s74, S24 bales in 1s79-S0.
| Total foreign exports, 3,4S6, 426 bales,
against 4 1897 ,546 bales last season, and
| 3,705, 1893 bales in 1S79-S0.
Total stock, 234 355 bales, against 3l5,062
bales last season, and 23l ASP bales in
| 1880.
Decrease in receipts this season, 1854 $50
bales.
At Liverpool the spot market at noon in
Dictated moderate inquiry freely supplied.
Sales 10000 bales, of which $3.50 bales were
American. Receipts, 5000 bales, of which
$500 bales were American.
At 12:30: Uplands, Is 16d, Orleans, I'D.
The Liverpool future market at noon was
dull; July, July-August, 6 57-64d; August
September, 6 SO "a, 6 SO Cad; September Oc-
tober, 5I-64, 6 1854, 6 40 64d; October
November, SO 64d; November ece mber,
S6-64d; December January, Sc Cad.
Al 1 80: August-September, 6 59-64d; Sep
tembsr- October, 6 80 Cad; October-Novem-
Der, 6 SO Cad.
Ats: December anuary, 6 37-64d. Man
chester yarns and fabrics easier.
AT 4: July-August, So "a, 6 57-64d; Au-
gust-September, So "a, 6 59-64d; Septem-
ber-October, 6 4964d.
Futures closed irregular.
Sales for the week, $1,000 bales; American,
1000 bales, of which sseculators took $1,000
bales, and exporters 5000 bales; forwarded
from ships side direct to spinners, II 800
bales; actual exports, $4,000 bales; total re-
ceipts, $1,000 bales; American, 10000.
Total stock, $4,000 bales; American, 49,
900 bales. Amount aAoat, 23S,000 bales;
American, $4,000 bales.
Smith, Edwards & Co.'s Liverpool Cotton
Circular, of June Both, gives an interesting
resume Of the position and prospects," and
the Influences likely TO result from the
Egyptian trouble, from which we make the
following excerpts: at is quite possible,
therefore, that the Egyptian troubles may
not last very long, but till a settlement is
effected great commercial interests will re-
main ia jeopardy, and the fine spinning trade
of Bolton and the neighborhood will run the
risk of a dearth of raw material. We are
not able to see that the general market
should be much affected by the Egyptian
crisis. The fine spinning trade stands very
much by itself, and higher prices for its raw
material and products have not much more
influence on the general cotton trade than
movements in the wooden or linen trade.
Still il may be said that if there is great
gap in the Egyptian supply, it must to some
extent be filled by Brazil and American cot
ton. Probably on the continent this substi
tuition may take place to large extent,
though not, we think, at Bolton, but def
cheney OF 200, 900 or 100000 bsles OF Egyp-
tian cotton, should such happen (which is
g.svd with total growth of about
100000 of bales of cotton in the world.
After all, the future of our market will
mainly be determined by the out-turn of
next American crop and the general condI
ton Of trade. We are glad TO state that the
accounts of the American crop are now very
,avorable. 1t had very late start and may
be considerably later Of maturing than of
recent years, but we do not think this much
Affects the fnal yield. The decrease of acre.
age is but small-variously put at J. 10 5
per cent.-and we see no reason to doubt III at
II the season is favorable we shall have
{, 0o0, 600 TO $500, 900, which will De an am
pie supply for the world. We have gone
through this season with crop OF !, AGO. 600
bales, and apparently will not seriously re-
d1ce stocks in the world, so that good crop
nexf season will place US again within the
region of plenty. A certain degree of strength
Is impaired 10 the market at present on both
sides OF the Atlantic by fear OF "corners,"
and autumn delivery here is nearly at Id
We see little chance OF "corner" here, and
We think the trade have bought so largely
under dread Of one, that when the time
comes, we shall likely have dull market"