The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-11-24

DOMESTIC EXCHANGE. sr.s'.
New York and Eastern demand, 81 dis
count buying; sight 80 discount buying, par
selling. New Orleans sc discount buying,
Slpromium selling. Cincinnati, 81, Louis and
Louisville, demand g buying, par selling.
The Secretary Of the Treasury this after
noon accepted the following bonds. AS
registered, $50 100, at 81 9is, $50 900 at $lOD.
Dullncss prevails in the local securities
market, although quotations remain steady.
In the local cotton market today spots
closed quiet at decline OF l.lGc on all
grades. Sales, 600 bales, Of which 5000 to
exporters and 800 to spinners Sales for
the week, 10000 bales, or 300 TO exporters
and II, 100 TO spinncrs. New Orleans spots
are easy and futures steady, at decline Of
to points, Liverpool closed duh, prices
generally in buyers favor futures declined
point, closing steady. Manchester cloths
market, business moderate at unchanged
prices yarns steady and unchanged The
New York spot market closed easy, with
futures quiet and steady, at decline Of TO
3points
Hubbard, Price & Co. sny; "Thc market
has been narrow one, but prices have at NO
time been below the lowest Of yesterday and
speculation has shown very firm front
when the character Of the foreign news IL
taken into consideration. Receipts are light
both at the port and interior towns"
The Commercial Bulletin Of latest date has
the following 10 say Of the market "Thc
news from abroad was evidently quite dlsap.
pointing on both the public aud private al.
vices the supply Of poor weather reports
from the South was either smaller or less
industriously circulated aud tie port ~.
ceipts expanded into somewhat fuller pro-
portions, making the general showing Of In
hucnccs less favorable than for some time
past aud carrying the Impression that the
chances Tor drawing In any fresh element
were too small to place any dependence
uPon. II Is probably not a market upon
which any radical change Of sentiment
took place, nor was It likely that many
ventures were made upon the short side,
but looked very much ~ though portion
OF the long element had become tired OF
standing under the position, and finding a
reasonable excuse for unloading promptly
took advantage Il IL. A. u rule the local
tendency Is to adhere To q conservative crop
estimate aud place It against the more or
less full ~ promise Tor consumption, and
the average feeling is n httlc bullish; but rs
We have hciorc suggested, nearly every one
had cotton that thought we'll Of Il, and
naturally the murc timid or those with
smallest margins are apt Ia quit when they
fail TO secure quick turnover. A cable re-
ccivcd by Mcssrs. Hubbard, Price a Co. To
day cpitomizas the situation abroad as fol
lows Good stock lnpr but we'll held
market at present steady; fair amount 81
business doing. but no advance can
be- obtained Latest adyiccs from In
dia favorable. Bombay SPECTATORS have
been heavy sellers today for distant doliv.
cries The decline on value was some 50s
points, the market closing ut about the
lowest with the tone rather slow. Spots
did not find q very free movement aud th,
feeling Wa somewhat slack, with the 0ua
revision Of quotations resulting la rcduc
ton ui l.lGC per pound.
Cotton report II Geo. Andres & Co.
dated Alexandria, November g.
lsss 1857
Hrcslrts flncp Iu Heut - tn & AGAINST NJ. F,