The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-08-02


ST. LOWS, No, Aug. i.--Flour-Quict hut
firm, with good demand for best grades
Whcat--tash. scarce, strong aud higher
European cables, favorable weather abroad,
reports of foreign demand aud Of damage Ia
spring wheat put prices up, and the close was
lNd2a.c above yesterday. August gained
the most, ~ noon deliveries were made on
contract, aud export trading caused an urgent
demand No. . red, cash, s36tS3I4c; August
sl'-ms35sc closing at S3isc; September
s2,sdsic. closing at sS5sdsic bid Deccm
her s6li6ts1 &c, closing nj NJ &c; May sold al
~ isc, and closed with p2iEc bid.
Corn---No. ? cash, &c higher Options.
Blasting winds IN Kansas aud advances In
other markets developed at urgent demand
~ prices advanced sharply, closing firm al
al &c above yesterday; No. 2 cash, AZ
@ii'sc; August 4SN@niSc, closing at 4lc
September i3if0rIthc. closing ut Iii.c bid,
October i2is6ti2,. &c, closing at exc bid
year A7.Ct36'.c, closing at 3SJsc May
H'.@3sc, closing at Sc bid.
uais-Cash active aud stronger; option,
dull. No. cash, 22ifm23i.c; May, g7I.c;
August and September, 22isc bid year
22Ac bid
Ryc-vcry quiet No 3. sc.
Bran-Dull and easy nj OOaGic.
flaIscod doing at 81 .Oiai.O5.
Cornmcal-Qnict at s. dOet2h5.
market IL unchanged; prime 10 fancy new
prairie, t65OC1s50, choice 20 fancy old tim.
Othy. sl7jOCa2OO.
Proyisions-firmcr. Pork-si5.5O In joh
lots. Lard-Primc steam, SsS5. butchers,
$50 Dry salt meats (boIed l-Shoul.
dcrs, $50, longs aud ribs, Ss.G2Js CdS. rs.
short clear 81 l2k. Bacon-Shoulders 81 y.
longs and ribs, sgO0aa G2,S; short clear,
81 7i@as7'i. IIams-si2 5OClILOo
Rcccipts-Flour. 1000 brls: wheat 100. coo
bu' corn, 4l'OO bu; oats, 5000 bu; rye,
none, barley, none.
On bu. corn, i6OcO bu; osts, 5000 blu; rye,
none, barley none.
k,NsAs CRY, No, Aug. l.-Whest-
Strong No. red cash, 1Or bid 40 asked.
September sales at lie. December, T2i.c
bid, No. . soft, cash, 72c bid, 7te asked; Sep.
TENDER 72c hid.
Com-wcak: No. ., cash. sales at SIC;
Sept, mber Sdc Ibid the year, sales at oc;
May D,sc bid, No. 2whits, cash, iJc bid,
csc asked.
oat,-So. 2, cash, 9oc bid; September,
20Nc bid. Ole asked
Cmc,oo, H., Aug Tho excitement In
the wheat market continued. and the move.
mcnt of speculative values today was char.
nctcrized hy the widest II Ordinations IA
has come Ia he a common occurrence for the
daily changes to cover g range, and In.
tcrcst In the deal nj this point shows no
abatement whatever. There was trcmen.
dously heavy trading tcday fully m large
~ that ut Monday, aipd Ithc market again
changed front. On the hwn turn ycstcr.
day the local crowd got short. aud IN the
rush o. cover this morning prices were nd.
yanccd sharply. opening figures for the
leading futures being il.hii,c above YES.
teplay's closing range, lAicrR further al.
vance Of A.aiEc was seorrd, aud reactions.
though frequent were only natural The
feature Of the day wa. the contradictory
news from abroad. Afuhlic cables read.
spot wheat easy and III lower grain
futures easy with prices tending down for
wheat" Private cables We're In n majority
Of cases extremely "bn)lish" In tone. and.
~ these were generally accompanied by
generous buying onitr~ they appeared
! to have by FAR the greater influence.
There were practically no deliveries today
| ON maturing August contracts an unusual
/ thing. aud one that hap",l the sensational
buying New York parties bought largely
| la this market today and all surrounding
markets were higher Prices for September
wheat cnscd of itc from the highest point
touched during the last hour, but there WAS
n net gain for the day IN the leading futures
~ litmikc An export order for 10000
| bushels Vt No. 2 spring was filled herr. aud
/ another loo coo bushels or,lcr could not be
/ executed NJ the limits named.
| good speculative business was transacted
| to-day In corn aud the feeling developed wn.
quite firm. There was good general buying
A -. .U.etus.a -.