The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1886-03-10
ON 'CHANGE.

| AT IlNefpOol AtSttIudg AlntIltdn
wheat was firm with fair demand,
holders offering moderately. Corn
firm, fair demand.
CLOSING prices OF May options ut
Chicago yesterday: PORK, $40 80; lard,
6.05c asked; clear rib sides, 5.42!c
asked corn, 40sc; whe t, safe; oats,
32ic bid.
CHICAGO is no longer queen of the
grain markets. New York now rules
the grain world just as she has long
held undisputed and tyrannical sway
in the cotton kingdom.
REPORT of Grain Elevator yesterday:
Wheat received, none; withdrawn,
none; in store, 3057 bushels. Corn re-
ceived, l,66S bushels; withdrawn,
none; in store, 1881 bushels. Oats
veceivcd, 1888 bushels; withdrawn,
2lH9 bushels; in store, l0,06S bushels.
Tur following notice was posted on
Change yesterday; "The Kansas
CITY. SpriIN giield and Memphis rail
road gives nC'tice that they will not re-
ceiye freight ,0r points ON the 81.
Louis and Iron Mountain railroad or
the st. Louis and San Francisco rail-
road until further notice. D."
VISITORS on Change yesterday: NJ.
Moyses, Mississippi; J. Levy, Ten
nessee; Sol. Mann, Philadelphia, Pa.
IT wo,,te;s, Louisville, Ky.j j; IL.
Simmer Missouri; Israel Goldbor"
Goodwin; Mr., andMs' =" NJ
BLACK. Pleasant LIN, NJ. Wood,
sardis, Miss W. il. Hardy,
Bolivar, Tenn. Austin Miller, Bolivar,
Tenn; S. A. Bishop, Mariana, Ark.
]. j. Houston, Abbeville, Miss.
FINANCIAL CHRONICLE: 1t is not TO be
denied that the demands for higher
wages which are being made in nearly
all sections of the country and in all
! branches Of industry are an element
in the situation that invests tie future
with some doubt and uncertainty. II
is not that these moves are symptoms
of unrest and discomfort, or that they
betoken any general or prolonged
trouble between capital and labor, but
simply that they add 10 and increase
the cost OF production where prices
now are on scale that leaves but lit
tie margin of profit to the producer.
TIE New York Commercial Bulletin
in an able article on the Diversified
: Crops" resolution of the Jackson Con
vention, SAYS: "The convention, sin
gular to say, bestowed no attention Il
o what seems to us two important point
economy in the raising of cotton anc
lessening the cost of subsequently
handling It. Possibly these coulC
have been agitated with more satisiac
tory results than are likely, to attenC
the policy of decreased area. Reform
e in the credit system also might hay,
= been taken in hand to advantage
= though radical change in this respeC
a can only be brought about by persist
ent and business-like methods"
4 C. L. GREENE & Co.'S report on cot
= ton futures yesterday says The breal
c of 1918 points on contracts to-day
while not remarkable, as tluctuation
q have gone up of late, was somewha
significant in the absence of any i'm
, portant recovery, and the bull
movement appears to have received a
, least temporary check. The liberia
4 shading at Liverpool was the most de
! moralizing influence, especially as tn
selling there is known to have beer
done principally by recent longs, bI
I the condition of the yarn markets wa
A poor. The close was trifle steadiei
e but only because there appeared to b
e an indifferent feeling generally an,
the "bullsn improved the opportunit!
z. to add few points.
= The Annual Review of the Trade @
Memphis, compiled by SECRETARY Il. A
n Keeling of the Merchants Exchange
Q il now in press, and will be ready 10
K distribution 10 the membership an
general circulation in about ten o
T fifteen days. From advance sheet
d seen it promises TO be avery creditabl
G publication us it relates TO the generf
> interests of Memphis, the promine1
10 features Of which will be, after cart
q full review Of the various department
d of trade, verbatim report of the fini
d result OF the old city debt commil
sioners, the annual report of the pre-
y ident of the Board of Health, tn
% chief of the Fire Department, n
y view of the city's railway and rive
D transportation facilities, and the gre;
~ advantages possessed for manufactu
q ing investments. The report for 1875
W will be more comprehensive than an
a previous report issued under I'll
Il auspices of the Merchants ExchanI
y mr. any other commercial organization