The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-07-27
poMrsrIC EXCHANGE.

DOMESTIC hANHANhE'
New York and eastern demand, par buy
inr, 50 per $1,000 premium selling New
Orleans, 81 discount buying 81 premium
selling. Cincinnati, St. Louis and Louis
vile, demand par buying Sl.JO per 1909
premium selling
Dizziness prevails in the local securities
market, no transactions having taken place
for some time.
The local cotton market remains steady.
Sales today $50 bales, all to spinncrs. Higher
grades Of cotton are in strong demand, but
are not in the market
AT New Orleans spots closed dull aud tut
urcs quiet July advanced points, August
o land The remaining months / to points
The Liverpool market is quiet without
quotablc change in prices Futures closed
firm Mt an advance Of 2points. There were
added today 2i,7O9 bales Of cotton To the
total port receipts, net corrections at New
Orleans.
The New York spot market closed firm
with futures very steady. July advanced 10
points August Band the rest Ia points.
Hubbard. Price 4 Co.'S circular saws:
"Liycrpool seems at last TO have become
nervous over the August deal and our mark
ct has advanced under the buying demand
from that market 10 cover short sales The
bull party sold freely above 1910, pursuing
the same policy they have followed Of prevent.
ing an advance above 1878. II Is estimated
that about 10000 bales of cotton will be- ten
dercd tomorrow, and while II is well under
stood that cotton will be- taken up. notices
will be- allowed 10 run 10 shake out the long
ts.N. I..ll a 4. al a
interest outstanding is still large. The later
months have only slightly participated in
the advance, but a iirmcr feeling exists than
for some time past"
The Commercial Bnii,in Of Wednesday has
the following ~ to the cotton market
'Ihc general market for options has had
tired, weak appearance aud the set of prices
was toward q lower level throughout ON
the old crop the giving way was apparently
somewhat unexpected, but there evidently
was no one a. take care uf August until
. dlQp Of some Ia points lad taken place. |
At l0Gtc, however the longs made q |
rally and kept the market pcggcd ut about
that figure. anl as soon as this dcmon,tri.
ton showed itself the offering became
smaller aud more careful. The ruling feat
nftN WIZ hlNfh wv HAhf " fhl lntt NilNlHfls
the majority Of the room admitting the pres. |
ent position Of the "hull" clique 10 be- strong |
and probably powerful enough to
twist the market up at amy time
Il might be- desired, yet still en-. |
tertaininr an idea that there is not /
a. much 10 twist ~ some have sup. |
posed, aud the quantity of short cotton grow. |
ing smaller instead Of larrcr every day. |
Furthermore, the rumors Of supplies starting
In this direction are becoming too common
10 be ignored and unquc-tiouably carry
great deal oi influence, Shipments from the
south arr unqucstioncd. aud while the
amount from Europe Is open To some doubt
tits prctty certain that tl-rc can aud will
BE- a considerable quantity to come forward
from the latter locality " circumstance
warrant Indeed, after sitting most u the
rumors prevailing today II looks ~ though
1890 bales were now ready Tor shipment
should only n small addition be made Ia
value here and we'll posted operators who
have carefully studied the parity II prices
Insist that the local position il close ON Ia
Invitation for ~ 600 bales 10 start In this ~.
rcciion from points both domestic aud for
eign."
IMPORTS.
Ono pkg butter, 5oi rolls harglng. i2i
pkg bacon. 7O2 pkgs boots aud shoes cars
corn, cans lime, La sacks cotton seed.
2pkir dry goods, 10 hrls -four . car hay.
81 pkgs hats can lard. h5upO feet lumber.
~ pks liquors ~ bfls meal, 10 kvs nails, 2
ears oats, a hrls putatu.s, cars pork sides
~ pkFu tobacco and car wheat
nonds aud stocks
The following list is corrected regularly.