The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-02-11
The cloarinr.honsc renort Is as followG
EXCHANGE.


New York and cities north and east, on
demand, 4 discount buying. New York
and principal cities north and east, sight q
discount buying. New Orleans, 81 discount
buying.
Selling Rates-0n Now York, Z per cent
premium on sums below $1,000, sl.50 per
q, 900 premium on sums OF $l,00) or more;
on Cincinnati, St Louis or Louisville; $3.50
per 81, 900 premium on all sums; on New Or
leans, $3.50 per 81 900 on all sums. Prime
commercial sterling A.s2@is2h
The bids and offerings at the stock call
board session today did not indicate any
particular changes in values Of local sccur-
tiles.
Tho local cotton market closed firm with
gales Of 1900 bales weeks sales 1850 bales,
of which 1850 bales 10 exporters and 1900 TO
spinners.
NcwEork spots closed quiet, and as 10 the
future market O. l.. Greene Il Co.'S report
on cotton certificates says: ''rhe market has
been pretty active and quite irregular In
tone, but with general inclination toward
an easier range after the middle OF the day.
A gain of los onts had been made on the
opening business but demand then ceased
Southern selling then came In, with full
showing for the interior movement, and, the
local ''longs" becoming little dcmoralized,
The dumping Of contracts carried rates of 10
@l2 points from the highest. There was
some indication Of unloading by one or two
Of the large bull operators. Just before the
close report purporting g. come from Wash
ington was circulated that appeared sumu-
lating In tone, and ON this some points TO
covery was secured"
New Orleans closed quiet, with futures
steady and of to points. Liverpool closed
steady, with demand fair; futures closed
steady, with late months an point other
unchanged. Manchester yarns and cloth,
were steady, and but little doing The
llayrc market was quiet and steady; tres or
dinaire Orleans advanced ~, and February
futures went mp ~.
The cotton report Of the agricultural bu
rcau, due on the 10Th instant, had TO be post
poned until next month owing 10 non-ro
ccipt Of the necessary returns from State
and districts
At New Orleans sugar Is weak, In symps
thy with New York AMI London Tho sta
tisucal outlook Of the crop Is still bullish
MolaSos Is very dull and prices have grad
ually weakened. buyers take sparingly th'
amount NJ iermcntcd stock, forcing degree
OF necessary caution. Clean rico Is quie
with very light movement and rough rio
Il still In sympathy with the clean article,
According TO the New Orleans Pioayune, {
lniest date, III was reported on the floor {
the Sugar exchange that the sugar trus
had bought 0,Oco barrels Of sugar from on
prominent planter and 900 barrels from NJ
other While the price paid Tor this sugu
was not disclosed, the fact Of the purchas
was not denied. This transaction Is impor
ant, ns should the same tactics be turtle
pursued the amount of the crop ayailabl
Tor the future needs Of the general mark'
will be speedily cur,ailed. besides, this sAI
confirms the report that Il Is the policy I
the trust to get the Louisiana crop out I
the way % quickly as possible"
No changes In local markets were made &
day by the quotation committees oil the Me
chants exchange.
IMPORTS.
To pkg butter, ~ pkgs bacon, % PIX
boots and shoes, 800 bu corn, l,026 Al
cotton seed, 8 cars cotton seed 800 SKIS GO
ton seed meal, iiS pkgs dry goods, ~ PIX
eggs 600 hrls -four, 1860 bales hay, II pk
hat. III head hogs, oi head horses ~
mules. i2l pkgs lar'l, "a coo q lumber, - pk
liquors, 40 Iris meal. ii3 brls molasscs,
key nails, 1900 bu oats, ,i2s brls potaio
cars pork sides, - pkp rice, 2is l.
sugar, ii2 pkgs tobacco.
ELEVATOR REPORTS.
The following shows the amount 81 era
received, withdrawn and In store by rcgu
elevators as reported 10 the Merchants Z
change today. Corn Received, 5.2ii
Withdrawn, Gs0s bu; In store, lS.S53 I
Oats--Rccciycd $50 bu withdrawn, .
bu In store, -, lOs bu.
nond. aud stocks.