Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1885-11-03
APPEAL SPECIALS.
A Geheral Review OF the Trade and Busl-
ness HtuatiOn-Increasei Pro-
ductiNa in All Quarters.
Startling Sensation al spSing City, Tenn.
"A Young Woman Betrayed and
FOally Murdered.
Decisions Of the Supreme Court Of Mis-
sissippi-Murderer Captured at
Pine Bluff, Ark.
ESPECIAL TO THE APPEAJ,I

PHILADELPHIA, November "a some
what general movement on the part OF
users of iron and steel developed itself
this week in New York, Pennsylvania and
lake markets. Sales of over 100000 tons
of rails were made at $50 to So. Brldge,
plate, bar and wrought pipe iron were or
dered literally. Nails continue scarce,
and unless the West resumes, further
advance will result. Merchant steel for
machine-shop, tool-shop, railroad-shop
and implement use will not advance, no
matter how active the demand.
This week has been very active in the
lumber trade, because of the stocking up
by wholesalers and retailers tor winter in
white and yellow pine, hemlock aed most
of the hard woods. Prices are firm all
through the list, and if moderate logging
is done this winter, lumber will open ftm
in the spring, but heavy log crop will
probably weakon prices.
Wool of medium and low grade varie-
| ties is less active, because nsEEuraeturers
have purchased pSarIy all they desire.
Prices OF products forbid higher wool.
! Carpet manufacturers will curtail pro-
| duction this winter and advance prices )
| cents per yard on the spring trade. The
l print-cloth manufacturers propose to pool
| all their cloth, and a committee is now
\ perfecting plans to pool and restrict and il
possible advance prices. Exports Of cot.
ton goods have increased from "a, ,O62 pack.
ages in 1876. October 1st, up to 5,O89
October LIST of this year. A large clearing
out of dry goods will be made by New
England corporations this month at low
prices to make favorable reports December
lst. In hosiery Jerseys are we'll sold up
and scarce, amt knit underwear is sold
I ahead of supply. Clothing manufacturers
| are quieting down after the heaviest ges,
son for years, and bargains in block rem.
'nants are to be had.
| Movements IN general merchandise are
| more restricted. Wholesalers and manu-
facturers are preparing for spring stocks.
Boot and shos manufacturers are still
full of season orders. Massachusetts ship
ments &c fer this year are 2,290, ,379 cases
| against 2, % G34 cases same time last year
an increase of 62 ,29S cases. At New York
and Philadelphia orders are coming In
freely, but for smaller lots, and prices show
no weakness. Manufactures have in
stTucted iobbere thai prices are 30 and |
off in rubber boots and shoes. ,r
Anthracite coal has advanced 10 to q
| cents per ton, to take effect to-day. The
| fall production Is absorbed. Btuminoul
is sti6ening in price in lake and river mar
kets, under generally healthier manu-
featuring condition. Buyers, large anC
small, are finding it advisable to placs
reasonable orders, but there is no possibili
ty of any sefious advance.
The volume OF surplus reserve in Bos
ton, New York and Philadelphia bank
has declined $40,000,OO0 in ninety days
due to the increased demand for tha
amount of capital.
Labor is generally paid to 10 per cent
I-better than during the summer, and les
e1m plaint is made in mechanical employ
| ments CT unemployment.
Trade combinations have been attempt
ed this winter on an extensive scale 10 or
der to reduce output and enter the spriDl
trade under more favorable conditions, bu
while soihe success may be met with, the
probabilities point to long era of moder
ate and, in most branches, declining
prices, because of the increase Of rranu
featuring capacity going on in all manu-
ficturing States, and 70 the increased az i
cultural production,