The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-03-23
MENpHIs DAILY. APPEAI--TUEsDAY, MARCH %, 1ss6.

grain q ade during tue pas week, saws:
The genial and timely change in the
westler has greatly b sns Fl ed the clay
lands. The general outlook is fsvors-
be. Wheat closed weaker. The sales
Of English wheat during the week
were 1919 quarters a. 3,s Id, against
1866 quarters at Sis lid during the
corresponding week last year. Foreign
wheat is in steady demand. Prices
have a downward tendency. f even
careoes of wheat arrived; two cargoes
were sold, two Withdrawn and six re-
NAMED, OF which three were Ameri-
can. At t1-dsy's mark, { the tore was
weaker. There was no pressure b sell
wheat. Flour was dull, without quot
able change and fat. Corn was rather
cheaper. Barley was firm, Oats were
dull and in buyers favor. Beans and
pes we're I'D cheaper.
ST. LOUIS, NO., March 22.-Wheat
active and lower. The warm weather,
dull cables and breaking markets at
other places started brisk sci log, and
prices declined Sc early in the session !;
later the market became unsettled but
more quie', and 20 continued until
near the close, when there was another
iapid break, and closed weak, and Ia
/ &c lower than Saturday; No , red,
cash, nominal, SSIc, MAY, S9i@90sc,
closing at sole; June, S9lG 9nsc, los
ing at S9ic, nominal; July, S5s@s5Jr,
closing ct S5sc bid. Corn dull aad
easy, closing tc under s. turdsy No ,
mixed, cash, 33I@S53c; March,
33sc; April, sac; May, 34SG35kc,
closing Ssh. Oats very dull and
easy; No. mixed, ca'h, 29Ac; March,
zoe bid May, 30@S0sc. Rye weak,
SOC. Ba-ley-no market. Flsxseed
firmer at 81 09@1 10 Bran steady,
60c. Cornmesl dull, 81 s5@l 80
Receipts-Flour, 1000 brls; whta',
1000 bu; corn, $1,000 bu; oats, IL 900
bu; rye, 1000 bu; barley, 1000 bu.
Shipments-Flour, 1900 brls; wheat,
5000 bu; corn, "a, 600 bu; cats, 10000
bu; rye, 1000 hu barley, lC00 bu.
afternoon 30 Wheat steady,
and s@2c higher. Corn easy, and la
t lower. Oats steady, and sc higher,
Flour unchanged.
CHICAGO, ILL, March ~ There
was a general desire to unload wh aat,
and prices closed at the inside figures
of the day, showing a drop of lsc
The market was very active, but the
feeling was decidedly weak. Offer
ings were large, owing to a lack OF
confidence, and the msjority Of specu.
lstoTs were on the hear side. A lib
eIal number OF orders were received,
mEinly, however, OF the ceiling kind,
The weather was all that could be de-
sired, and Liverpool ard New York
dispatches were favorable to bearg.
Labor troubles had a dtprc 1irg in
fluence. The opening was easy, with
sellers at SIC, but they rapidly came
down in their views until the ma ket
touched S03c. During this drop there
was considerable excitement. The
generally accepted theory OF the
break was that several big firms were
helping come Northwestern friends
oat of bad box by unloading their
long wheat. Almost all the big
houses were flooded with orders Ia
sell. Much of it WAS wheat, and stop.
orders predominated. The break wa
so sharp that not all of them could be
placed within lose of the limit
Gradually the market recovered 10
size. Still later on, by a withdrawal
OF all support, it again declined t.
S03c, and went through the same per.
formance of recovering TO little over
Sic, and for third time touched bot.
tom at sole. Trade was on an unus'
ually large scale, but the whole tons
was one of decided weakness May
sid quite freely at S0l@S &C. snC
closed heavy at bottom pri1e Corr
was moderately active, and consider
ing tho depressing influence brought
t. bear the market held up Temerka
bly, well The weakness ia wheat
made operators bearish, and the feel
ing was somewhat increased by gooC
receipts, lower Eastern markt t5 and ar
decrease Of $780, 600 bushelsin New Yorl
stocks Shorts, who had small profile
secured them and prevented much o
a decline. May opened at 3SSc, so!C
at 3Ssc, back to 9Skc, and closed at
o'clock at that figure, the same prict
az on Saturday. Shippers bought
spariDgly, owing to the scarcity o
vessel room. Flour quiet and un
changed. Whea.-sales ranged: March
753@77sc, closed at 75a@755c April
755(9774c, closed at 75bc; May, 5000
SIC, closed at 80sc bid; June, S2@83sc
closed at SIC bid; No. 8 spring, 70(0
76c for fair to choice; No. 2 red
winter, S4@S7c. Corn sales ranged
March, 34S@35c, closed at 34E93-e
April, 95@35lc; May, SSs@3s3,
closed at 3Ssc; June, 384@3Ssc, CLOSED
at 3Ss@3Ssc. 0ats--tales ranged
March and April nominsllv, 26ac
May, 30s@30sc, closed at 3O!G 500
together bid. Rye dull; No. 2, ii
store. 5S4@59c for gilt-edge. Barley
No. 2, cash, 60c. Flsxseed lower
No. l, 81 l039l l0a Receipts-Flour
5000 brls; VIII at, "a, COO bu corn, 235,
coo bu cats, $1,000 bu; rye, 2C0O bu
barley, 47,0t 0 bu. Shipments Flour
5000 brls; wheat. $4,000 bu; corn
50. 600 bu; oats, 1900 bu; rye, ZOO
bu; barley, $4,000 bu.
afternoon Board Wheat active, tx
cited and strengthening; March, 1890
May, size; June, s23c. Corn and pro
visions bTm.
pupvUSUnUs