The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-01-12
EXCHANGE.

corresponding time, lhst... 1i2,ulO 20 wv 100 70
EXCHANGE.
New York and cities north and east, on
demand, - dscount buying, = premium sell
ng New York and principal cities north aud
sast three days grace, u discount buying,
par selling. New Orleans 81 discount buy.
ing 81 premium selling.
AZ the stock call board meeting today no
sales were made, and big, and offerings were
for apart
The loaal cotton market closed steady with
sales az l. 100 bales New Orleans spots and
futures closed steady, with the latter adj
vanced to II points. Liverpool closed
dull, prices gcncmlly IN buyers IA.
vor, with futures quiet and unchanged.
New York was firm and advanced Lice on
all grades, while futures advanced 10 TO ~
points G. l.. Greene & Co. say: The cot
ton certificate market was generally in better
form, and the range of value averaged con
siderably higher After gaining 10 to IA
points there was a slight set back, but the
close was pretty firm"
Scarcely any change in values can be found
In the New York grocery trade, aud with the
exception OF the speculative coffee market,
appearances are steady.
The Rio de Jnnciro Macs of latest date says
as TO the statistical position Of coffee "lf
the lowest estimates Of the present crop be
accepted there must have remained about
100000 bags for shipment on 3oth Novem-
Der, or an average supply OF 10000 bags per
month for the remaining seven months of
the crop year. We incline 20 believe this
estimate IS too low, and that We are to receive
new coflccs early IN 1855 is generally accept.
ed IN the trade. We thus have our stock Of
$4,000 bags and from one 10 onc-and-a-quar-
ter millions, or say total supply Of 10000
bags for the supply Of the world for about
six months. This seems moderate also, but
does not lead To a belief In anything like
famine prices. The whole position strength
ems our belief that prices abroad are justified
by statistics, and that n an advance Is likely
10 be resisted by consumers, any sharp de-
cline will be followed by very considerable
reaction"
Dan Talmage's Sons. rice dealers Of New
York, Charleston and New orleans, In their
circular OF January :, present the outlook ms
follows The statistical position plainly
demonstrates that the situation In both do
mestio and foreign Is calculated TO inspire
confidence Ia fact, to excite anticipations Of
higher rates. We believe that the trade will
find u 10 their advantage cooperate literally
IN domestic STYLES. ~ better selections and
lower prices can now be- secured than will be
obtainnblo at date not far distant The
same i likely In prove equally true In re-
gard 10 the foreign. Ordinarily, with the
alfnuat ltN.ttl... T..
prices arv not affected by any slight addition
or deduction from the amount produced,
but when, rs in the present year the short.
age Is nearly equal ~ 10 per cent. Il can
scarcely fail 10 cause q marked appreciation
Of values when the deficiency shall be prac-
iically realized.
The Belfast 0Ircland) Nirf- Lstes and the
Glasgow (scoilnnd) HsaH Of latest dates
notice large shipments Of potatoes from
their shores a. the United States, aud that
potatoes arr being rapidly bought up for OK.
poriaiion.
Tho local markets continue steady aud
without change. Coal oil has advanced ilc
per gallon.
Mrorts.
Sixty brls apples. 10 brls beans and peas,
a. pkg butter 10 pkgs bacon ~ pigs boots
and shoes 2 so bu corn, 30 pkgs cheese. 1855
sks coffee, $50 brls lime 30 Ks cotton seed
IS cars cotton seed, ~ pkgs dry goods, 80
pkgs egg. u1 brls Hour, go hales hay, ~
pkirs hats, 20 head cattle 10 head horses aud
mules, 2iOpkgs lard NDo II lumber. n pkgs
liquors. 20 hrls neal 80 bfls molassos, 500
kegs nails, 8Oo0 hu oats. ~ brls onions, $50
brls potatoes. ears pork sides. ~ pkl-s rice
2o bris sugar so Pkgs tobacco, 60 bu