The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-02-29

good supply at the banks. Rates continue
firm at per cent, and all bank customers
receive ample accommodation,
The clearing house report is as follows;
ClearngS Balances
Tuesday. Fob. "a, issss 6isolo q ilsol q
Thus fnr this weck..:...... 81, ,vs ~ lMWl 20
Corresponding time 1881. 5el,sls s. ?o9.g5l g
Corresponding time, 1885,. flI.sV W lSi's2o "
EXCHANGE.
New York and cities north and cast on
demand, x discount buying New York
and principal cities north and east, sight =
discountbuyng. New Orleans, " discount
buying.
Selling Ratcs--0n New York, y per cent.
premium on sums below $1,000, $3.50 per
$1,000 premium on sums Of 81 600 or morc
on Cincinnati, st. Louis or Louisville, $3.50
per 81 600 premium on all sums; on New Or
leans, $50 per 81, 600 on all sums. Prime
commercial sterling, $is2Gsts2}S.
The stock call board meeting today was
without interest, no transactions being re-
corded.
The local cotton market closed steady;
sales, $500 bales. New York spots closed
easy and OF l-i0c on all grades, and as TO
the future market Hubbard Price 4 Go. In
their circular say; "lhe market has been
without rcdceming feature during the day,
and at the close prices were easy. The sen.
timcnt OF the room Is very bcarish, and the
heavy receipts at the ports, with continued
large interior movement. Is converting many
Of thosc hitherto bel syers. In n speedy fall
ing on IN receipts Theories Of short crop
are now considered as abundanily disproved
and, with the large estimates, the belief in
lower prices is becoming more general.
Weak long cotton Is being sold, and few
buyer appearing, the market declines on
the offerings. Short sales are being made In
confidence Of decline, and AZ the moment
therc Is no feature Of strength. The short
interest, however, Is nervous one. and
with any cheek In the decline would cover
quickly. Liverpool Is very bcarish. The
opening here was two points below tho close
yesterday; some stoadiness was shown after
the flint call, but the slight rally could not
be held, and during the afternoon prices do
clined steadily until the close. Business
was continued from 1880 TO 1850 o'clock p m.
ont 81 respect 70 the late q. l.. Greene"
Al New Orleans spots closed steady with
futures quiet and OF 10 4 points Liver
pool was dull, prices generally In buyers
favor-fuiurcs easy and OF TO 3 points At
Manchester cloths are quiet, with moderate
Inquiry. Yarns quiet, rather easier
The New Orleans sugar market IL growing
stronger in tone. and buyers are paying
fnner prices for open kettle The growing
strength Of the London market Is snoour.
aging holders 20 greater frmne-s. and held
stocks are not being pressed for sale. No
lasscs remains quiet but light receipts are
causing sieadicr prices There Is no im-
provement In the demand for rice; buyers
seem determined 10 hold of for lower prices
Holders show equal indifference and are not
pressing salcs Some little foreign rice Is
offered but no sales are reported. Rough
rice Is very quiet, onerings and sales being
light
AZ New York there has remained inaction
ON spot coffee, Notwithstanding tile substan-
tial declinein prices that has been admitted
latierly. Clearly noted depression prevails
which Is In no way relieved by the sudden
changes In the contract market The efforts
., Rio 10 sell not only 10 this market but 10
Europe and the very moderate takingS, with
absence 81 confidence form the features Of
hcavincss. The total importation Of Eu-
ropean potatoes at New York since Noyem-
Der 1, reaches the enormous quantity Of t2i,
90 bags.
The local markets ara steady and com
paniivcly unchanged. Bulk pork Is shade
lower Household supplies somewhat higher.
Louisiana lettuce Is selling nj Doc 10 A6c per
dozen punches or $40 per barrel Had.
hhcs 55c per dozen punches Green onions
30 per dozen punches. Tomatoes $50 per
box Of peck. Celery pcc 70 ti.oo per bunch
Now orleans sweet potatoes n.2a per
bushel.
IMPORTS.
one hundred and ninsieen pkgs boots an'
shoes, 2 300 hu corn, ~ axis coffee, J ears cot
ton seed, iiS brls cement 90 pkg dry good,
1,SS pkgrs eggs, 2,O1s hrls -four - bales hay
a pkgs hats, ~ head cattle, ~ head horse
and mules, $50 pkg Land, 6,ooo Il lumber
10 pkgs liquor, 80 hrls meal. 800 kcg
nails, i0,oO bu oats, cars pork sides, 81
brls sugar and i6i pkgs tobacco.
EiEvAroR REroKrs.
Tho following shows the amount Of grail
rrccivcd, Withdrawn aud IN store by regula
elevators. a. reported 10 the Merchants ~
change today: Corn received 1855 bu
Withdrawn, i,sit bu, In store 2a,Os0bu. Dat
received, ASS bu. Withdrawn, $50 bu, II
store, 65O3i bu.
nesa. aud stocks.
Tie following list Is corrected regularly
AMI may he REGARDED n the latest auotationa