The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-05-30
ENANCE and COMMERCE.
MONEY 8 PER CENT, NEW YORK
EXCHANGE Ia PREMIUM.
Cotton Quiet - Middling, s Use
sales Yesterday, $50
Bales.

Money in fair demand at S per
cent. Local securities dull but s'eady.
We quote from the monthly circular
OF the Manhattan Savings Bunk and
Trust Company:
The marke. for local securities
this month ha ruled quiet and barely
steady. Taxing District 4-6's are
shade lower, owing to the marketing
OF round amount by a heavy holder;
the skies continue firm. Memphis
Gas stock has b en- strong the greater
part # the month, but closes dull and
weak under the uncertainty attending
the granting or refus OF privileges to
the proposed new company. Bank
and insurance stocks and investment
bonds generally are firm, and where
there are any changes they are gen
orally higher, with one exception.
This exception is in the case of Mis-
sissippi and 7, nnessee consols, series
A, which are slightly lower than they
were thirty days ago, when the road
las long ago fOretold by u.s. went
into the control OF the friends Of
the Illinois Central Railroad Company.
Some of the holders of these
bonds appear to have become uneasy
on the subject OF certain high-handed
measures that might be attempted by
the new owners, i'll relation to the
bonds. To all such we would say, II
YOU are really frightened, sell your
bonds; but we, for our part, fear no
danger. here are still courts t. pro-
tect property-h lders from spoliation
and, moreov.r, We cannot believe that
either the Illinois Central Railroad
Company, or the director OF that road
who is credited with buying the Mis-
sissipp and Tennessee majority stock,
would lend the sanction of their hith-
erto honorable record to any high
handed proceeding OF the charac er
feared"
The cotton market closed quiet, but
firm. Sa'es, 45O bales middling, SIC.
AT New York spots closed quiet and
firm, middling 8 3-l6c,
G. L. Greene & Cos. report. of CO..
ton futures says: without any
special new fea ures the market ad
vanced some to points and was
fairly well held. The demand was il
the main to cover, in protect on o
engagements likely to be endangered
by going over the holiday"
New Orleans spots closed quiet
and firm, middling SIC; futures cad!
and 8 to 6 points higher, June S.9OG
8.9lc.
At Liverpool spots were steady
with fair d.mand, middling sgd; fut
ures quiet and steady, and 1-64C
higher, May.June 5.03d. There are
no features of interest in other maj
kets.
IMPORTS
One hundred pkgs butter, go pkg'
bacon, $500 blu corn, 26 SKIS coffee,
cars cotton seed, 1872 SKIS cotton seed
20 psgs dry goods, 8 pkgs eggs, 36j
brls flour, l46 ba es hay, 9 pkgs hats
81 COO # lumber, 81 brls molasses, 81
brls onions, 70 brls potatoes, 9 car
pork DIES, ia brls sugar and 70 pkg
tobacco.
ELEVATOR REPORTS.
The following shows the amount o
grain received, withdrawn and in stor,
by regular elevators, as reported tt
the Merchants Exchange to-day
Corn received, 66 bu; withdrawn
1894 bu in store, 81, 343 bu. Oats re
ceived, none; withdrawn, 100 bu
in store, 2054 bu.
Corn'TeC eived, 3645 bushels; with
drawn, ll13 bushels; in store, 1881
bushe S. Oats received, none; with
drawn, none; in stor1, 2054 bushels