The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-11-27
RESTRICTED TRADING
PARTICULARLY NOTICEABLE IN
EASTERN CITIES,
owing 20 the DecIineJn the Number
of Mail Orders and of Visit
ing Merchants.

NEW YORK. November Z6.-Speclai
tell grams to Brddstreet's record raih
It's activity in tue movement OF gen.
eral merchandise, although at Chicago
there has been an increasing volume
of alec, part culally Of dry goods, and
in less noteworthy degree at Minne-
apolis, Milwaukee and Burlington.
The aggregate of sales in staple lines
have been cur rallied, OF course, by an
intervening holiday. TIE restricted
tradirg has been more conspicuous st
Eastern CenteIs, owing to the decline
in he number Of mail orders received,
and to the notable absence of inte-
nor merchants. This is reported
from st. Louis, Cincinnati, Philsdel-
phia, New York and Boston. AtNew
Orleans, also, general trade, while
fairly satisfactory, is below late specu-
la,ions. County merchants rlbutary
to that market are not repo ted to be
generally as prompt in payment as de-
sired, and IefneIs, unable to get salts.
factory prices for sugar, are storing
their product. At Kansas Oily there
is fairly active movement OF general
merchandise, but the total volume
is less thsn that of fortnight
ego. The interior domestic money
mark ts, es rule, are not
quite as firm as last wesk. AtChicago
there is less demand for funds + r
manufacturing and commercial en-
terprlses, but a larger demand for
grain and other speculative ventures.
At Cincinnati funds are fl wing lack
from the country, and at Milwaukee
they continue to 60 westward, but ia
diminishing volume. The total vol
ume OF bank cleariDgs for thirty.two
cities for the current week is 81 ,008,-
O72,lOS sgaipst ST. l0S, 1888 307 last
week, and 81 ,0S3, s66, OH in the fourth
week of November, 1885. The de-
cline as compared with last week is
but GO per cent. OF that called toE
by the loss OF ore days
transacdOns, thereby pointing
10 a proportioIa increase
il the amounts transferred. The
speculst on in wheat, petroleum and
railway shares con inues at the full,
while exports and imports of produce
snd manufactures remain Of large pro-
portions. The New York stock mar
ket is excited and strong aud under
the stimulation OF tt 9 settlement OF the
express war, the prospect Of peace be-
tween the Baltim re- and Ohio and the
Penbsy lvania, wi b anticipated diVi-
dends on The Western Wand rbi t
lines; speculation tends toward the
trunk liue stocks, though there Is still
much attention paid to he fancy"
aud Southern stCcks. The trant &C
TONS of the week five days. were q
sos, ITO shares, against e. Is, 925 in the
weak ending November 10 h. Bonds
were strong and advanced, with sales
FIR the We k 10 the amount of $l2,.
7l4,200, against $l4, Ill 500 last wte<
end i12, l47, 300 the preceding week.
Funds at New York ave steady, in
up to of efforts to manipulate for high
er rates; foreign exchange is slightly
f m4r. At Eastern cenlerJ the move
ment of dry GOODS has been disap-
pointing. Picts in most Inns are
suttained, and the outlook for heavy
W, light woOlens CONTINUES bright.
PIints, however, have declined
t. from Slc for 6 As, at er a
month of exlr9me frmne,s. s ocks
have increased of late. Raw
wool is quiet, but tends to favor buy
els, se concessions have been made to
manufacturers wanting large Fines.
There 10 rather less confidence 80 to
higher prices. Pig iron continues
very Il M, with no cnaDge In prices.
Steel rails are m ire active and more
profitable 10 make than has generally
been made pubic, and prices are 81
higher at $35@36 per ton. The spe.
cal tobacco crop report indicates that
the Yves ern leaf crop will aggregate
q out 235,00O hbds., against $50 600
bids. in 1885, That there has b sen q
decline In the Weld of about 80 per cent.
IN the bright Virginia and North Caro-
lima leaf and OF about 16000,0 900
pounds, or nearly l6 per cent. in the
seed leaf crop, mainly through the
falling of in Wisconsin against the
output Of last year. Toe speculative
treadstutts trade is realizing more
fully the long claimed strength OF the
statistical position Of wheat, but thus
fer, In spite of that fact and continued
heavy 9 KIP lrts, the price OF the cereal
does not advance much.