The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-03-10

EXCHANGE
New York and cities north and east, on Dc.
mand, i discount buying. New York and
principal cities north aud east, sight Z. dis
count buying. New Orleans 81 discount
buying
Selling Raies---on New York Z per cent.
premium on sums below $1,000, $3.50 per
$1,000 premium on sums OF $1,000 or more;
on Cincinnati st. Louis or Louisville, $50
per 81, 600 premium on all sums; on New Or
leans, 81. 80 per q, 600 ON all sums. Prime
commercial sterling Sl.S2@ls2N.
The market for local securities Is steady
yet but few transactions arc recorded at tho
sessions Of the stock call board. The
changes made In quotations today are nomi-
nal.
The local cotton market closed quiet with
sales OF 1850 balos. Tho weeks sales were
$500 bales, OF which 3, $50 bales were taken
by exporters and 1850 bales by spinnes.
New Orleans spots closed steadicr, with
futures steady aud advanced 2 TO 8 points.
Liverpool closed with hardening tendency,
with futures firm aud mp points.
At Manchester, cloths are dull with linn
tied inquiry. Yarns duh, without quotable
change. New York spots closed quiet, with
futures steady, the late months being up Q
points, and the near months OF ia2 points.
Hubbard, Price & Co. say; "The death Of
The German Emperor, 80 far rs cotton Is con-
cened. seems TO have been fully discounted,
the opening call showing good buying and
covering for tho local shorts who have per
kistenily followed the decline. The strength
OF the Liverpool market Is due TO the good
ftatc Of trade which exists In Manchester at
the moment and the comparatively small
stock OF American cotton now there and
ahoai for Liverpool The advance Of the
morning however, failed to be sustained,
bccauie Of the decentralization which existed
among traders here, who. after their recent
experience are timid and inclined 10 realize
quickly, either losses or profits on the bull
side. The interior movement Is full, but the |
receipts at the ports are supposed to como
from accumulated stocks"
Mcssrs NELL Brothers have issued mem.
ornndum respecting the development Of the
cotton crop, stating among Other things the
following "Aitcr considerable rssarch We
have como to the conclusion that our No
10000 bales. and we now alter II 10 O,sbo0oo
misifnum with q reasonable probability Of
100000 as the years growth"
Az the New Orleans sugar market prices |
are steady, but show no strength except In |
case Of whites. which being very scarce.
rules firm. Yellows, Of which there are fair
ofIerings, continue 10 drag. and kettles are
dull There is no change 10 note In the
molasses market Clean rice continues quiet,
and virtually unchanged, and rough rice Is
quiet and easy According TO the New York
Commoeial- Bulleiin, the sugar men are dis
eusslng the merits Of the proposed change In
duty, and while somewhat more radical
measures would undoubtedly please the
majority Of the trade the dispose.
zion Il 10 support the Mills act as a con-
siderable step In the right direction. OF the
speculative deal In coffee praises are few aud
dsnunciatIons many, but the attitude u the
legitimate trade Is possible one awaiting
care that time alone can bring. The general
movement has been light all along the line,
and while no radical changes are shown In
values. as n rule the tone i somewhat soft
a. the natural outcome Of light trading
No changes In quotations were made In thu
local markets today. In the line Of Jouisl
ana Vegetables the following prices are given
Celery, soc dozen lunches lettuce. u pc
barrel 90 s0c dozen punches; green onions
5sc dozen punches bcets Csc 10 T5c do1cl
hunchcs; tomatoes 81 10 si.2j per boz; rad
ishes. 5sc dozen punches; cucumbcrs, els
4. 10 ti.s5 per doren; kalc greens, ti.6o per bar
rl; turnip green's .l.55 pcr barrel spinach
q per barrel
IuroRrs
One hundred aud eighty brls apples, m
Oh bran, 10 brls beans and peas, % pkg
butter, ~ pkFs bacon. 0O2 pkg boots an,
fhoct, $500 bu corn, 50 pkgs cleesc, l02 IL
eolItc 90 brls lime, 22bJ brls cement 10
fls cotton seed, cars cotton seed 40 pkg,
dry Foods, % pigs efgs. s2j brls -four. 90
lalca hny, 10pkgs hats, IS head hogs 90 hcat
enitie, - had horses and mules, $40 pkg,
latd, eiVo feet lumber, 20 pku liqiors
1vn bu oats, hrls onions, cars pork sides
cpkF rice, 80 brls sugar, 100 pkg. tobacco
<1Oo bn wheat
uryAroR nEronrs.
Tho following shows the amount Of graf,
received, Withdrawn aud In store by reeuln
slevaiors, a. reported 10 the Merchants "a
change today Corn Withdrawn l. 5Oi bu, 4
sforc. 10Ois bu. Oats received, a.2Sl bu
Withdrawn, 5,27t bn, In store, 52n0l bu.
Houas md sfael.