Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1883-10-03
FINANCE AND TRADE.

MONEY continues easy at quotations, the
increase in demand keeping steady pace with pro-
gress toward that epoch of the commercial season
when the handling of the eotton crop of the year
will call into use all the capital that can be spared
for commercial purposes, Local and State secu-
rites continue stupid as a matter of investment.
On the cotton market a dark day and the dearth
in orders from abroad made business exceedingly
quiet. The absence of orders is accounted for in
the statements from Eastern markets that Mem
phis quotations are too high, offerings coming to
them from other markets at from lzc TO &c less.
Exporters wont touch II bale until Liverpool
raises values to a proper relation to those held mt
home. Middling closed at 10Hc, with sales of 800
bales. all of which were to spinncrs. Receipts we're
1888 bales, shipments 4T3 bales, leaving stock on
hand l2,7Sl bales. OF the receipts Dol bales we're
by steamer, and Il of the shipments all were by rail.
In New York the tone was quiet at the close, with
middling l0asc. New York futures closed barely
steady. with all deliveries declined ! to 2 points,
excepting March. April and May unchanged.
New Orleans spots closed firm, with middling
quoted at 1910. New Orleans futures closed very
steady, with current deliveries quoted at 10. lSG
1920, and near months advanced / to- points.
Liverpool spots closed firm at5Is@Gd, with sales of
1900 bales, of which 900 were American. Liver
pool futures closed easy, with October 5 5i-64d.
tNhhA - AZ sAA Nv AAaANs DAAo CFAti
day, 2S, 1853 bales.
General trade was not so lively yesterday,
though dealers were kept fairly busy supplying
the local trade. Slight declines were reported in
bulk meats, while cofees were advanced a frac-
ton. Flour and cornmeal hold on to former
values with steady tone. Apples are in better de-
mand, with better grades advanced. There is a
terrible break in the cabbage market, an over
stock having accumulated upon a season of high
temperature, unfavornbie to that class
of produce, the consequence being Il decline
Of about . per cent. in prices in order to unload.
Poultry is reported steady, but prices were
a little weaker. Grain and fecdstuffs continue
weaker, with ample stocks in hand, Corn con-
tinues at 5S@6Oe; c%ornmesl, 81 IS; flour, So JO@
7 %: chickens, 81 50e3 p; eggs, zoe; mess pork,
BIB; lard, $40 by the tierce; butter, 100000 for
country and 26aS0c for and other arti-
cles unchanged. The following were the imports
and exports a. taken from the boards of the Mcr-
chants Exchange yesterday:
IMPORTS.
twenty-five brls apples, s. ties bacon and hams,
52 SKI bran, 20 6rls beans, 10 pkgs butter, $50 bu
corn, 1903 pkgs cheese, IA nd cattle, II pkgs eggs,
1l5j brls flour, SIG bales hay, 3 pkgs lard, Is ears
lumber, los brls meal. 80 kFs nails, 800 sks oats,
~ brls potatoes, Il cars bulk pork, W nd sheep,
3S3 pkgs tobacco and 50 brls whisky.
EXPORTS.
Thirty bTls apples, 25 rlls bagsing, y ties bacon
and hams, 10 SKIS bran, , brls beans, - pkgs but
ter, 3 bu corn, % pkgs cheese, li SKIS coffee, 2
pkgs eggs, 1872 brls flour, l5 bales hay, 4l92 bdls
iron tics, 40 pkgs lard, II ears lumber, - brls
meal, 1 nd horses and mules, II brls molasses, IS
kgs nails, 81 brls onions, 2 SKIS peas, s. brls pOta-
toes, 59brls sugar, % pkgs tobacco and 6 bu wheat.
The APPEAL's Chicago special shows pork closed
at SO 45 for cash and October, so IS for year, and
SI1 ~ for January: lard g IS for cash. 81 so for
October, g 52l2 bid and 81 80 asked for year, and
81 62H for January clear rib sides were Sc O2l.
for cash. s. % for October, s. 20 for year, and
] q On e. ur-n--- ,-~. H. 81 tQik..,-I Ng5Lo
for October, i77sc for November, and 1879 fol
year wheat closed at 95c for cash, 9714c for No.
vcmber, and 951ic for October; oats closed at 273sC
for cash. October and year.
Our st. Louis special indicates that corn closed
at 1916; 1876 for October and 4l4c for year
wheat closed at 81 0I5s for spot, October and year
oats closed at 255ac for spots and all future de
liyeries; pork closed at S1 p; lard, 81 so; cleal
rib sidos, IS 10; hogs were active at 81 50G5 %.