The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-11-17
DOMESTIC EXCHANGE.

Same time last weck.a......a, l2lb5 ~ h+'Sn -
Corresponding time, isSl.-2 h12bh ~ AA'lsi 'g
Corresponding time lSs6.-2,ll1NW ~ SNH'lo' -
DOMESTIC EXCHANGE.
New York and Eastern demand, 50 dis
count buying; sight, 20 discount buying, par
selling. New Orleans, 20 discount buying,
par selling Cincinnati st. Louis and Louis
Vile demand 81 buying par selling.
In the local cotton market spots were adj
yanccd l-l6c today, making middling 09sc.
Sales, .. 100 bales, Of which !, 800 20 export
ers, and 600 20 spinucrs. Sales for the week,
207OO bales, or 200 to exporters and 5000
80 spiuners,
New orleans spots closed steady, with
futures advanced / TO q points. Liverpool
closed with moderate business at unchanged
prices, futures steady, at a decline ui 10 ?
points. Manchester cloth, quiet without
quotanlo change ia prices. Yarns firm, dc.
mand light
In the New York market spots closed
steady with futures steady at an advance
OF 2 10 points,
Hubbard, Price & Co, say: "The opening
report from Liverpool this morning indi-
Gated q decline OF 1 to points, and It was
strength II the foreign markets would be
displayed In the maintenance OF Liverpool
prices New York reelected the di,appoint.
ment 10 limited extent and sold OF 10 2
points Although decline. however the
trading was limited, mo- new cotton seeming
90 come upon thp market and prices onm-
mcuced Co react ~ soon as u became nppar-
ont that the interior movement would Ice a
very light one. As hearing upon this qucs.
ton II the size OF the crop. We some days
ago addressed number Of inquiries
10 our Southern correspondents, ask.
ing whether IL was true that the
reported effort on the part Of tie
Farmers Alliance to withhold the market
ing ut tho crop WIS having any effect upon
receipts, aud the replies this morning re-.
cciycd both by mail and wire, would seem
10 indicate that such Is not the case. In
addition We have from the manager Of the
Farmcr' Alliance ct Montgomery, Mr. W
II Lawson q Telegram stating gs follows
Farmers are not holding hack their cotton,
but are bringing 10 In ns fast a. ready for
market HaGing trust has no elect upon
the receipts"
In describing the cotton crop situation
the Commercial BhttH Ut wednesday says
at the opening today some cyidcnc. Of
buoynncy was noticeable probably stimu
lated 10y the better accounts IA upward
turn u value, % Liverpool, aud ~ buying
Orders Appeared O. b. coming in with some
little freedom 10 WIS not difficult 10 secure
an advance OF some points, estimated light
receipt, Tor ihc lay ,diug 10 thc advantage
OF sellers THE amount ui outside demand
however, was not over iull nnd failing to be-
followed up los the lloai trailer. a reaction
took ulicc and finally loi to n shrinkarc Of
oil the EARLY gain with tnnl mites much the
same A. last evening o somewhat FULLER run
oi hgurs pi NCN orleans receipts probably
aiding the week.-mrs. aud inducing the
Wom scnlp'r a. sell out The market
however docs not Indicate that the
failure 10 sustain the gain Ut the dny
isa vyclntiyn of any rally lcarish s,nu
mcnL hut on IA, contrary 10, bulk Of the
speculative element mtharinchnc, IA an op.
p1.itc dirvcuon. Tor while the onidal crop
fcron failed 10 furnish the stimulating
feature hopcd for and the lclay Ia receipt,
il attributed 20 temporary Influences the
chance Tor consumption arc considered o.
maintaining fully o. good prospects A. ever
aud tolays private ai,iccs from the sluth
contain great many suggestions II poor
crop indications that carry weight ani arc
mon significant from the fact that the re-.
cciycrs u these adyiocs have made 100 special
effort 10 give them publicity, but on the con.
trary seemed 10 prefer oItmting quietly
upon the news In oricr 10 ct In bcforc they
became too general. Mcsr. Hubbard, Price
Co. have handed 10 the following figures
received ioday from Ellison for the month
OF October Weekly consumption, Great
Britain. 1hoDo lalcs; continent 1900 bales.
total. 1900 hales. Stock, III insiant En.
glish. spinner, ioc'o. and continual spin.
ncr, 75,Uo. total, HOO bales. against 2l2
90 samc time last year and 800 IN 1850 DO