The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-12-08
DOMESTIC EXCHANGE.

DOMESTIC EXCHANGE.
New York and Eastern demand, 50 dis
count buying, sight 80 discount buying
par selling New Orleans, = discount buy
ing, 81 premium selling. Cincinnati, st.
Louis and Louisville, demand 81 buying, par
selling,
The Secretary Of the Treasury this after
noon accepted the following bonds; 4Hs
registered, $1,000 at los; AS coupons, $l3,'
600 at los.
In the local securities market few changes
were made today. Citizens City Railroad
Company 6s advanced few cents, IL being
understood that the sale Of the road TO North
orn capitalists for cable purposes was con
frmcd. The stock quotation is nominal,
no stock being on the market, II being con-
ccntratcd in few hands who control the bus
ness OF the company.
The local cotton market closed steady,
with sales 600 bales, of which 800 to ex'
portcfs aud 1900 to spinncrs
At New Orleans spots closed steady, with
futures barely steady at a decline Of to q
points.
Liverpool closed quiet with moderate In
quiry; futures steady and OIL point. Man
chester cloths and yarns are quiet limited
inquiry.
The New York market steady, with fu'
lures steady. December declined point,
other months 10 points.
Hubbard. Phce & Co. say; "Fluctua.
ilons have been within the same old narrow
limits, and the disposition has been to await
the figures Of the interior movement, which
naturally have a very important bearing
upon the course OF the receipts next sea.
son"
The Commercial BuH,iin. In IT. review Of
the market says. 1T has been moderately
mrtlyo aud generally unovcntful market Tor
certificates TODAY. with about the only no.
ticcable feature to be- found In sustaining
power that proves sufficient Ia prevent de-
cline IN yaiur In the face Of continuously
dragging trade New orders came in on the
buying side TO some extent today, princi.
pally from New Orleans aud while they
were believed To be largely Of an arhiimgc
character their influence was slightly stimn-
lating especially on the late months and
gave n tasis upon which 3@l points advance
was secured. Outside Of that there did not
appear much open inquiry, though II was
nNtlffNllf lNNi hN' hl lNN Nl llli lNiF' hllfIN'
tors were quietly picking up any odd lots that
sellers appeared .nX.ou 10 get rid Of, and
have been following the same practice for
several days past December was somewhat
rage aud the weakest month ON the list
owing To the issue Of notices In compap-
lively full amount These have hoatcd
- tl--,.t-,ea considerable rst ~, aud while
thcr did not appear 10 be much opposition
10 stopping those that represented running
certificates there WIS a decided fear 81 get
ting a dose OF the expiring certificates, and
all hands were figuring to avoid the latter
Liverpool puhlicly did not show any very
solid tone. yet private accounts retain some
thing u the same cheerful slmin noted yes
prluy aud one or two local operators r..
ported the receipt oi farther ordcrs. From
The south the reports show a somewhat
lighter volume Of receipts than suggested 10y
yesterdays productions aud this was ne.
ccpiublc a. an additional prop, though Few
dispatches spoke ui some increase in the
desire to realize. especially Ia Arkansas. AZ
the close trading was light, but prices stand.
ing about the highest OF the day aud pretty
steady