The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-03-07
clearlng.house rcport Is as follows:


New York and cities north and east on
demand, y discount buying. Now York
and principal cities north aud east, sight Z
discount buying. New Orleans, 81 discount
buying.
Selling Rntes---on New York, x per cent.
premium ON sums below $1,000, $3.50 per
q 600 premium ON sums Of 81 900 or more;
on Cincinnati ST. Louis or Louisville, $3.50
Der s., GOO premium on all sums; on New Or
leans, $50 pcrSl 900 on all sums. Prime
commercial sterling, Si.s28is2iS.
Nothing Of Interest iranspired at the stock
call board session today. The local cotton
market closed quiet sales, ,4J0 bales. New
Orleans spots closed stcadicr, with futures
steady at an advance OF 2 TO 0 points. Lv.
srpool closed Hat, somewhat irregular, and
futures barely steady aud or | Ia points
Al Manchester yarns are dull, with limited
inquiry and cloths dull with prices gcner-
ally IN buyers fnNor New York spots de-
rlincd i.lGc closing dull, and rs 10 the fut-
ur market Hubbard Price n Co. say "The
opening report from Liverpool this morning
was rcaSsuring IN its effect on this market,
and the liquidation Of the large long interest
which was accomplished here yesterday left
prices free to react, as was natural after the
extreme depression. The market opened
81 an advance Of ! 10 4 points, and
further improvement Of 10 8
points followed. After q fcyerish nuc-
tnation, with transactions reaching
the exceedingly large total OF 10000
bales, prices finally steadied mp, showing
st the close an improvement Of some 10 or
IA points over last nights close. and being
about the top figure Of the day. The feeling
IL much steadier, and the buying has up.
peared 10 come from strong and conservative
sources. The receipts at tho southern ports
are large, especially at New Orleans, but the
overland movement which Il was rumored
early In the day would be large, proves 10 be
only 1900 against 5000 Last year, and
from these figures believers In short crop
theories get their frst crums Of comfort.
6ome doubt n felt M 10 whether the weak
long interest which precipitatcd the recent
decline Is entirely liquidated. but the ma
jorify Of opinions arc agreed that Il Is sub
stantially out Of the way, and the market Is
now left FREQ to respond to the influence
81 supply and demand"
As TO the general grocery trade the New
York Commercial Bsiieiia, OF latest date,
says Tho week has brought very little
change In the conditions Of the coffee trade
operators generally finding everything hand.
capped by the speculative deal. Molasscs
has strengthened. with boiling grades quite
decidedly higher, and syrups, on small sup
ply, are cxoellently well sustained. Rice
ualtL Of II
q this port Spices remain nominal, butsu-
ears have an apparent strong position, and
teas are In better form for pretty much all
fne 10 choice goods. though low grades show
irregularity and full supplies"
The local market remains without material
change. Tennessee egpz cascA are selling
on New York Merchants exchange at 1870
70 is,fc, with large and Increasing invoices
from all sections, except the northwest The
tone OF the market Is steady.
IMPORTS.
Fifty pkg, bacon, $40 pkgs boots and shoes,
400 bu corn, 2 pkgs cheese, 3st slu coffee,
l15 brls lime, 70 brls cement LOIS SKIS cot
son seed, car cotton seed, 2if pkg dry
goods, ~ pkg egvs, i.20l hrls -FOUR i,6tJ
bales hay, ~ pkg hats, p head horses and
mules. sSl pkgs lard. $1,000 Il lumber, Al
pkg liqucr, 30 brls meal, i5 brls molasses.
io,3ss kc.r nails. Goo bu oats. ~ brls pork.
= cars pork sides, IS pkgs rice, ~ brls sugar,
go pigs tobacco, 400 bu wheat
ELEVATION REronTs.
The following shows the amount oil grain
received, Withdrawn aud In storc by regular
sisvaton. as reported 10 the Merchants En-.
change today Corn received, l,t0o bui
withdrawn, aO0s bu; In store, 2A0s0 hu
Oats Withdrawn. 40 hu; In store Ss.Ssi bu
nesds aud stocks.
The following list Is corrected regularly,