The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-12-14


New York and Eastern demand, s. dis
count buying sight 50 discount buying
par selling. New Orleans = discoun. buy
ine, a. premium selling. Cincinnati, st.
Louis and Louisville, demand - buying par
selling
Tho Secretary Of the Treasury accepted
the following bond, This afternoon Regis
tered as, $4,000 at SLOS; 200 at SLos,,.
In the local stock market Citizens Street
Railway bonds ave now offered at par, bids
unsettled mo- stock on he market
The local cotton market closed steady
with sales 800 bales, OF which $500 10 cN.
porteS and T. sou 10 spiuncrs. At New Or
leans spots closed steady, with futures quiet
and steady and unchanged. Liverpool closed
steady, demand fair, quotations revised. fut-
urcs quiet aud steady and mp point New
York remains steady. with futures steady
December up l point other months nm
changed.
The Commercial Biti'ciin Of Tuesday dis.
ousscs the market rs follows "lhc pdrci.
pal stimulating features appear TO be found
IN the feeling regarding supplies The in
terror movement shows full STILL but the
port receipts are not assuming proportions,
Il Is thought, TO overcome previous dclicicn'
cies. and many think they will not do 80,
Notwithstanding inc reports Of probable re-
algiug during the present mouth, while In
addition 10 what cuu be- seen there has been
some new crop representations calculated
10 strengthen the views Of those who favor
The short supply theory, hin, Fonloinc a
Co. oi Memphis and st. Louis are under
stood 10 estimate G.1lGOp0 bales, and low
estimates also come iu from Texas which in
coujuucton with an upward turn ct Liver
pool stIncncd matirr, here. giving an nd.
vance at 5md points, the South buying Ia
some extent 10 :. ,lid, though the bulk Of
demand was Of covering nature, and as
soon as WIS wants ~ this character were pro.
vidcd Tor cuisines. commenced Ia drag SOME
what Indeed the guar complaint could
be hcarl about the mcugcr character ui the
outside interest and the absence II orders
that would unppl basis Tor clean new The
foreign market o. said 90 have been some.
what disappointed over The absence of amy
crop Indications BOO the bureau report, but 10
have Strengthened Boo response 10 private nc.
counts from thi. sidc'
The New York Hlph of TUESDAY gets OIL
the following n cotton crop estimates 1t
was o guessing match Latham, Alexander
q Co. concluded that the crop would be-
6S0OOO bale, llill, Fuunine a Co., OF
Memphis. the firm that doe, mot think mi
Of the "dudc- pi the Ncw York Cotton Ia.
cnunr," lct ihc world into the secret that
the yield will bc G.,lGWO bales one New
IorN Urn sWrN- IA IA chat u,c erop WIN NJ
OODOu bales Tho pucaHvfs we're iu thci
glory. u w. may accept the judgment "a
the bean the reduced estimates at some O
The guDser suggest the story OF the be-,
who. in puc'.c.ua With q shotgun aimed al
the side Of au old rcd harm lie missed H.
and at che u.At shot hc bic Tin the am,
place whore hc missed Il before one ui DO,
gucssyfS Il IL ucucd, was about "otr
balcs oui Of lho way last year, and bear, ,vr
ia.uly hop, that Die marLsmaushp will b,
equally ,lo.c 10 the bulls eye this year.
Hubbard, Price 4 Co. ly "Opuins thi
momugn, about last evenings close, ~
market advanced 2 ur . points aud then 10,
came dull, losing Iis rain and closing stead
al about point decline"