The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-08-30

DOMESTIC EXCHANGE
New York and osiuu demand p1r buy
Ing, $50 per sLOl) premium selling New
Orleans. g. discount buying par selling
Cincinnati ST. llu.sm Louisville demand
par buying lp.r'Ioo premium selling
The home cotton market remains steady,
Sales 80 bales. At New Orleans spots closed
dulIlud nominal. with futures barely steady
Au.u., going OIL points and other months
gto3p..uts. Liverpool Is quoted business
good al hardening prices, midiling uplanls
ami orleans advancing "a, futures barely
stDly and unchanged The New York
market IS quiet at an advance OF 1c on all
grades, futures quiet and steady, August on
g, points; September and October uu.
changed, with remaining month. oil point
Hubbard, Price 4 Co.,, iu their cotton cir
cular today, say. "Thc Liverpool market
this morning was reported about point up
and with % tendency tD hrwur-s which
found sympathy iu our Upcutuspr.rcs The
wild fluctuations u August are without
significance and were simply repetition of
the previous movements Of that sensational
position Eleven fifteen was today the
highest point attained and as trading iu
August must cease at noon tomorrow
further interesting developments must bee
crowded into avery short space ul time.
Contrary 90 current expectation the number
oi september notices issued today WIS very
small nnl the result has been % moro conf
dent feeling Boo that months options and
mills which have taken advantage uf the
high prices Tor August % dispose OF their
surplus stocks will probably bee liap.
pointed iu getting them back uu the
basis pl tUdnys quotations Tor September
New. 10y wire from Texas reports that the
much needed rain hus como iu uUDmhuul.
ancc, aud that considerable damage h1 been
already wrought hy too much OF good
thing The movement he the new crop is u.
yet very lisht aud such uf the cotton us b.
coming forward D. reported very inferior In
grade The hrh freight rate o. 90 Co Liver.
pool now quoted, is q considerable draw.
back 20 export business"
4 Liverpool cable says "rhc r1Il de-.
mlul,l uu the question II the adoption hy
the Cotton association of Liverpool uu tbU
resolution providing that the only official
quotations pi futures shall ho ipr contracts
with the good ordinary clause, resulted in
the defeat II ilous1luf'pn The present
bl-i. therefore remains uuultcul"
The Manchester G#Ii.m Ui tho alth in |
IL commercial article. SAVE. can average |
bu.iu,., wa. dom. y,s,r,luy iu few depart.
mcut,. hut altogether thr transactions liN |
not reach thc ordinary Tuesday business
Pair ORDER tor India are Boz hand "A rule
They Are at impmruclhlc prices, though
t,mo hu.iu,.. las en- dome for distant dc
livery 90 iuii prvUu. pr.rp. There is little
Inquiry mr China lul tIu Transactions
have been moderate Th,sumo can be- said
regarding tbu other lesser foreign markets
Home huus" ug buying carefully iu hand
o. mouth fashion Iut SOME seem a. uur,i.
pate better demand sH1n Manufacturer.
have o very poor margin. and but few ~
them expect 900 early Improvement except
Apostolic decline ~ yarn. 4 tnH.uF busi.
ne, " doing zoo export yarns. Buyers for
all thc leading outlets are cautions. They
have io pay iull prices he most eases rarely
being able to obtain concessions. even iur
forward delivery There is little homo dr.
mlud ior cloth The departments arc rrn.
orally steady. There b. much strength where
production is fully engaged. which Is cspori.
ally ihc ease be- most India staples There
g. q iair inquiry Cor Ipsuuuctis aui other
Hight ahrirt Printing cloth BE- quiet"