The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-01-21
EXCHANGE.

EXCHANGE.
New York AMI cities north and east, on
demand Hdiscount buying New York and
principal cities north and east, sight, =
discount buying. New. Orleans 81 discount
buying.
Selling Raics-on New York, = per cent
premium on sums below 5000, VI so per
s.. 900 premium on sums Of 81 900 or more;
on Cincinnati, -. Louis or Louisville,
81 80 per 81 900 premium on all sums; on
New Orleans 81 90 per 81, 600 on all sums.
Local securities remain quiet and un-
changed
The Memphis cotton market closed quiet
and firm today with sales ESQ bales.
Weeks sales, II 100 bales, or 1880 10 ex-
portcrand 1850 10 spinne-.
New York closed quiet and steady ut an
advance Of lice. As Ia the future market
c. l.. Green a Co. say: "Thc tone was fever
ish without any pronounced gain for either
buyers or sellers, though, on the whole, the
market showed pretty good exhaustive ca
pacity and took considerable amount OF
stock. Toward the close, in the absence Of
any immediate resistance, the room jumped
on the market and about wiped out the
seven points gain made, the final figures
standing much the same ~ las, evening"
Al N W Orleans spots closed very poor and
futures on points. Liverpool was quoted
steady, demand poor, and futures up 2
points. Manchester cloths were dull, tend
ing down, with yarns quiet without quota
bic change IN prices.
Secretary Hotter, 81 the focal exchange,
states that careful checking Of the receipts
OF cotton In the Kansas City, Memphis &
Birmingham railroad and comparisons with
the statistics oi the Cltton exchange show
that up 10 the 18th Of January the road has
brought Ia Memphis 2s,s08 bales net and
2,S5i bales Of through cotton; total -, 40
bales The exchange records show 2s,Gl4
bales net aud 6,s2i through total 2o,0l6
bales making Il necessary 10 add for oorrcc-
tons $40 to net aud 2,i77 to through total,
ANA bales. These additions have been added
10 the Memphis total receipts.
In discussing the New York grocery trade,
the Commercial BHiiciiR states that the al.
scnco Of yigor 10 the demand Tor actual
goods Il still noticeable aud few II any buy.
crs appear inclined To stock up against the
fntuw, even where the Indications point
strongly Ia higher values, yet there il no
hesitation about investing for clearly defined
wants aud rarely determined contest
against the present line Of cost. Outside the
immediate conditions ~ business there II
more or Ices io talk about at the M omcnt,
and especially does the tariff question com.
mcnoc tol loom up again In i,s connection With
the sugar market, an impression that the
Trust Is using IT, powerful Influence 10 worl
out a revision Of duty that will prove o
benefit only 10 members II the combine
Importers and brokers generally are yer,
rticcnt In expressing their views, aud really
seem afraid To do 20, but Il Is easy u -,
that they are greatly warned over the situa
ton and watching all developments closely
On coffee there l. much discussion over crop
prospects not In positive conclusion.
INroRrs.
Fifty hrls apples, 80 rks bran, a. pkg
butter, 40 pigs hacon. t70 pig, boots an,
Shoes 1870 bu corn. $50 pkg, cheese. 2I3 *
conec, i car cotton seed, 6572 SIS cotton
sc.d, 800 brls cotton seed OIL 200 balls cottoi
ties 1G2 pklrs dry goods a. pklr cggs. NJ.
brls flour, g20 bales hay az pkgs hats, ~
head hogs, ~ head cattle ~ bead horso
and mules, Us pkgs lanl, 1900 II lumber
~ pkg liquors. 10 hrls meal, gIb her, nails
400 bu oats, 100 brls potatoes, 10 brls pork
2car pork sides. ~ pigs rice. ~ bfls sugar
40 pkpr tobacco. 90 bu wheat
ELEVATOR REPORTS.
The following shows the amount " rTaiI
reviewed. Withdrawn and IN store by fegula
elevators, a. reported 90 the Merhants IN
change to-day. Corn wcciyed. 80 lu, with
drawn, Si5 bu. In storr. ~ AZ bu. Oats n
cciyed, 100 bu; Withdrawn. 2i1O bu,
store, @.2l5 bu.
NJ A.. u.H as.aE.