The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-08-07
nnMrsrIc EXcmANaE.

New York and eastern demand par buy
ing, So per 5000, premium selling New
Orleans, 50 discount buying, IL premium
selling. Cincinnati, st. Louis and Louis
Vile, demand par buying, $50 per $1,000
premium selling.
lIThc local cotton markets closed steady
with sales Of 200 bales
At New Orleans spots closed Gull na1
nominal with futures duh. AugnS, I'D
yanccd points and the remaining months
To points. Liverpool was closed for hawk
holidays but will open in the morning
New York spots closed firm at an advance OF
&c; futures very strong. August mp q
points, and the remaining months on
points. Sales were reported last week,
1924 bales for export and 1879 for spinn"rS
Hubbard Price 4 Co.'S cotton circular
says. "Buying Of August by the short in
forest continues with the result ~ foreign
prices TO the highest point ~ torch"d On
this advance, though the tra1sar'!ons i"r 81"
day have not been heavy. The trailing has
been limited NEARLY cKclu.vely 80 immeli.
ate position the new crop being Uorc "rl loss
neglected. Very little, " anything new wS'
developed, but the advancing movement fn'
August contrpcts conveyed The imrroSs on
Of n concerted effort 10 work the mArt-t NJ
90 giyea stimulating influence at the 70.
opening Of the business in Liverpool tpwor
row. Influenced by favorable Adviccs OF 'bo
growing crops, the late months were oG-~e1
with much freedom aud deoliu~d 4 10 4
points below Saturday, the close, h"sevo~.
showing more stcadiness, with n partial re-.
covcry Of points"
The Commercial BuI',,in Of Saturday sto's'
that: "On the present month, IN fac'. ,ba
deal was Of somewhat cratic sort 81 "hsrsc
ter according 10 the nuciusiiou ~ sentiment
around the ring aud II looked very mucl
~ though the clique was SIN satisfied 10 re-
main quiet aud look on while the genera
run Of trading nuuudcrcd about, awaiting
new inspiration The rather natural tend
ency, however was upward rs any playing
for safety would be In covering, aud cost
went up some points with slight ~.
action, though closing fairly steady.
There was, Of course, the usual sup.
ply Of rumor ns to what was be.
ing done In the way Of manipu.
laiion. etc, but covering simply old ground
except in the matter of prospective ship
mcnts from Euwpe. A dispatch received
today SAYS that 0JO bales have ALREADY been
shipped 500 more will start next week.
and AZ 600 more are ready 20 come " orr
market hold, up. In the new crop there n
not quite 10 much animation, aud prices,
after advsneinga uhas, anderson, . r.se
tion, and closed point or two below l0
evening. The sdvices a. hand reiterated th'
hot weather so,ouuts. hut buytu seemed II
BE- les confident and with ~ appearance
that yesterday, purchases we're beng sold
out again. there -s, ~ special support 10
the late moaths"
Eleven htls apple, ptE' bui'sr IiG,
rolls bsgsiut t,J7y ptp bacon. 90 pkgs
boots and shoes. 200 bp coru. : pss cheese,
as sts coffee, Scp bfl, lin-. rs btl' cement,
i.s,5 * and car cotton seed. COZ ptt, DRY
goods 30 pkg, sgts 1905 bri, oour. 2 500
bsles hay, n pig, hats ~ bead cattle. is'
bead horse, sni mule, 2Sei PKG, lard
1871, Oo0 feet lumber. ~ ptgs uquor, 80
brls meal. bti molssscs %. COO bV eats, u
brls onions. 20 bth potatoes cars por,
sides, Spks, rice, sec bfl, sugar, Oo2 Pig