The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-03-17
EXCHANGE.

Corresponding time, 1887 -. l,70a2O6ss @,H. y
Corresponding time, 1856. l6si2do.ol N''iiA@
EXCHANGE.
New York and cities north and east, on
demand x discount buying. New York
and principal cities north and cast sight,
4 discount buying. New Orleans, s. dis
count buying.
Selling Ratos-On New York, y per cent
premium on sums below $1,000, Sl.5O per
5000 premium on sums OF 5000 or more;
on Cincinnati. 81. Louis or Louisville, $3.50
per 81, 900 premium on oil SUMS on New
Orleans, $3.50 per 81 600 on all sums. Prime
commercial sterling, $is2@is2h
Local securities are steady, but with little
movement A few bids and offerings were
made at the stock call board session today
but no transactions were registered.
The Memphis cotton market closed puiel
and steady NJ decline OF 1-iGc, tho salc'
being I, $50 bales; weeks sales, 1850 bales OF
which p 40 bales to exporters and ?, 100 bales
10 spinncn At New Orleans, spots closed
easy, With futures steady March advanced
points; other months unchanged. Liver
pool Is quoted In buyers favor, with futures
steady aud up point New York closed
steady and unchanged, and as to the future
market Hubbard, Price 4 Co, in their re
port ON cotton futures, say; "Thc market
opened at an improvement Of iG5 points,
which, during the day, was increased until
August sold ~ points over the close on
"Wednesday evening. This recovery ol
Wednesday, decline, which was the result
purely Of New Yoiks isolated condition,
Was natural today but with this accom-.
plshed operators are somewhat in the darl
a. 70 The probable future course OF prices
At New Orleans sugars from Cuba arc mr..
irving, the arrivals on Wednesday aTgrcFat-
ING 1000 sacks and i,2I5 hossheais, but
these iorcign imporiailons are not rcginlcd
with uncnsincss by the handlers OF the home
product especially as the crop Is now nearly
all sold. sugar is in fair demand with opcr
kettles steady and ccn,rlfgals quiet Mo
lasscs steady with demand fair Clean an,
1 rough rice continue quiet aud steady. will
= The movement fair In both According .,
tho Mcdoaa Iisascic Mexico Is by u,
means sharing A. she ought 10 IN the i'm
m,nsc coffee trade of the United States.
lasi week ha.ing our statement on the sia.
tisiics then ~ hand. Wc pckoncd the annual
consumption n coffee In the United State,
NJ si3eDoOo In r1ld During 1857 the
Americans pail Tor their coffee nearly $50.
0a00 10 gold. or Syimo,OOO u our cur
rency. ~ this vast gum Mexican coffee
planiem rccciycd e lhnn per cent
Tile Central American republics sold N,
Americans morc than twice az mnch coflc,
a. ac sent 10 them. Even Venezuela cS
roricl mor than three timc' a. much c1iIc,
10 the lniicd States a. ,lid Mexico. Thcs,
facts pr1yc incuniesiahly that We are an
nually losing q trsdo that, under better
economical conditions here, should be- large
~ our own"
In the local markets everything remains
tloady The touc Of meats changed from
strong 20 hm today. During the present
week cattle receipts have been light price,
arr ilrn and The pro-pcct for the coming
week very favorable Receipts Of hogs hav,
also bcon light with good demand Tn,
market u about bare aud prices strong
There are no sheep In market; prices M
Erin, with good demand Tor the best grades
New Orleans and Louisiana coas, vegetables
arr arriving freely In this market and an
quoted a. follows Celery 55c dozen punches
ralishcs so 10 7bc dozcn lunches leltucS
o. 10 DOC dozen; bccis, SOC 90 5oc dozcr
arots, a5c 10 5ec dozen; loose ,urnips ~
70 7sc dozen bunei,ss, tomatoes, 7cc 10 SIC
peck box.