Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1885-11-21
ON AND OFF 'CHANGE

BUSINESS dull on Change.
Corn and wheat lower in Kansas city.
RECEIPTS Of cotton yesterday, 5133 bales.
Corn and wheat shade lower in St.
Louis.
KANsAs City reports oats lower and un-
settled.
HEAVY white frost and dense fog yester-
day morning.
TEN cars January corn sold on the board
yesterday at 39c.
PORK higher. but lard and ribs uu-
| changed in st. Louis.
CoTroN closed steady in New York; fu-
lures firm but no higher.
TIE Chicago grain and provision mar
kets closed lower all round.
THERE are any number of cotton market
experts who believe prices will be higher.
REUsIPTs of cotton thus far this season
| 81 $40 bales in excess of the same time last
season.
| MANCHESTER reports cloths business
| good at advancing rates; yarns firm, sellers
asking an advance.
SIxTY-FIvE carloads corn sold on the
| Call Board yesterday-4Oc for spot No. 3
white and 42c ior May.
The Liverpool spot cotton market closed
| firm, fair demand; futures quiet and
steady at l point higher.
SEVERAL contributions to the Galveston
fund we're handed in unsolicited to the
secretary of the Cotton Exchange yester-
day.
| RECEIPTS of cotton for the week ending
yesterday "a $40 baies, against 1885 bales
last week, and 1896 bales the same week
last year.
The grain elevator reported in store
yesterday 10,59O bushels and 1859 sacks
corn, 46,37S bushels and 1916 sacks oats,
and 29,O5S bushels wheat.
| VISITORS on Charge: II. NJ. Kender-
dine, Ashley, H.; J S. Earle, Chicago
Col. L. Richardson, New Orleans; Capt.
nj. b. Peasants, Maj. F. S. WoodsoD, Dan
vile, Va; Clarence Bolton, Pontotoc; NJ.
IL. Martin, Warren; Capt. Pat Henry,
Clarksvile; K. F. Reynolds, New Orleans /;
w. HaTgus, A. c. McCutchen, Miss; VIM.
Bischctf, New York; T. G. Barnes, Lex
ington, Ky.
The New York Drug ReyorieT, November
Is b, reports that crude cotton-seed oil is
slightly easier, but the lower tendency has
not stimulated business. There are cffsr-
irgs of prime at 2S3c, which is DC lower
than this time last week, and the proba-
bility is strong that 2Sc will buy. Some
business has been done for export. Ship
pers have good inquiry for crude OIL from
abroad, and they expect quite a liberal
movement this season. The inquiries at
present are at such low prices that no
business results, but an improveme mt is
expected in that respect. There seems to
be no support to values, and an export
outlet Is required to tone up the market
The expectation Is that the price OF prime
crude will not drop below 2Sc for supplies
here, and some dealers believe that Fl cure
will form the base for steady market. II
was reported On Change to-day that prime
oil was Offering in New Orleans at 26c, but
we have not been wired of change. Al
Memphis the feeling is &c weaker than
this time last week, the asking price beins
21c. This was partly expected from the
fact that the price OF seed had declined ic
$40 per ton at Memphis. The
quality of the oil arriving il
New York has greatly improved
lately, and very little eff quality is offer
ing. The market for prime summer vel
low cotton-seed oil is IN about the ssme
position as this time last week, with offer
ings at Soc and bids OF 344c accepted fol
round lots ex-dock. All brands are nov
on about the same level. When the mar
ket first broke tn 35c, some two week,
| since, certain brands were held off tbs
market for higher figures, but the decliI
ing tendency continued, and holders con
cluded il WAS better to unload. Although
the same price has ruled steady for
week, the feeling is unsettled, but there il
general opinion that values cannot g
much lower. These are days of free !, fl II
ipgs with few takers. 1t is said that 81
will buy stock to arrive, but there is NJ
particular desire manifested to contract 10
other than spot supplies. Futures ar
|, looked upon ss uncertain, and they are re
, ceiviDg no attention. Memphis maIke
has settled on basis of S2@324c, Will
New Orleans oil is quoted at 34c. Tht
feeling is quiet at both places, and W,
hear of no important export business.