The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-12-01

New York and Eastern demand 50 dis.
count buying sight, 80 discount buying, par
selling. New Orleans, = discount buying,
$lprcmium selling Cincinnati, st. Loui, aud
Louisville, demand 50 buying par selling.
The bank cIcarings for the month Of Mo-
ycmbcr just closed, are IA largest ON record
in the history Of the Memphis Clearing
-Sli, So $685. against Sl2,33J isl.3l same
month last year.
The local cotton market closed quiet; sales,
GOO bales or 1900 10 exporters and 300 to
spinncrs. Sales for the week, 10000 bales,
or 100 to exporters aud T., 500 to spiuners.
At New Orleans spots closed quiet nj a de-
cline OF Lite. Futures steady, and oil to
2points.
Liverpool closed steady demand fair
quotations revised and declined l.lGd. Flu
lures steady at q decline Of to points.
Manchester cloths aud yarns are quiet lin.
tied inquiry.
The New York market closed steady
futures steady az a decline of / 10 points.
Hubbard, Price 4 Co, say "lhc market
opened very di-nrpoiutngly in tone aud
price, ~ the pressure Of some December
deliveries made operators afraid of the cx-
piutiun Of some certificates. This fear
seems "a have held over the market all day
aud Trading has been of very limited
description. Receipts are very light aud
the only explanation given h the continued
bad weather, This Is generally accepted Ice.
cause NJ other reason can bc offered that
would agree with the current Of crop c-ti-
"a 4
active"
The Commercial Eu'siu. Il latest date, says
OF ia market More ar l,,, uncertainty has
again lcau shown boo tie action OF many
Operations. yet uu the whole the certificate
market appeared to have a tr.lc moro
stamina aud rerlu'c o Strengthening In
nur1ccs with the greatest case. 30 fr ns
nal'y new investment m - hr concerned We
do not think mu.h rthlt line came out un.
les was from th, local ,cnlpuso n.u.cnt
bat the covering demand. after 10 one, b.
came started. was pretty ipc and furnished
tia stimulating animation boo ihc main. 10
commence with matters, alder temporary
st,admDs, became little sh ky aud rates
even lost point ur two. due prphl-
bly, ca % fear ul thc issue ui December no.
t,c, but ihr supply uut only proved
comparatively dgmts, but 400, promptly
taken Clw ut and acted o. mo- dis.
advantage Go tine situation. Indeed the
market .uuu began ca harden ur urIu and
tlrn advance. making recovery uf HDi
points from iHr lowest and apparently piu"
iuf iH, bull element 90 somewhat
better huUur Among the features
cited us calculated 10 sussit the
upward turn Cor the dly may bp
noted au improved strain iu The tenor uf
Manchester HIf.rr.. and reflected Boo the
Tau at liNrV ul uh,ps 90 be- presumed. thr
mIrhUI h1s been HWrHhIt ul,T.1il indeed.
'rv ul che disrutDhu .ny .u uul ul.Uu rp.
pHU Chat Me- kuusr of GALVESTON, hus ui
late favored o. crop eft about Uyiluu bale,
lhUs" suggestions Will, probably NOT rttfy
irs u yri luy positive elect, were sufficient
OF this luuCiurr when holiday b. ut hand
a. turn thy .,a'H. HuI dead th, h,tu iU pro.
tDci such engagements as might hr iu dan.
E'ril iDit exposed BEFORE tbr close iU2
points irW ihU extreme U,gT Wired uu.
but thy inal tome ullrl1hu steady