The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-03-11


not occur this year At the same time the
supply OF funds Is ample for present wants.
The clearinghouse report Is rs follows
,o,s.v March ~ ,... csagIR ., sls S !,
Total this week 1851 rs b2,Q1i 70
Total last week e.s,g0 q 1nsrl =
Corresponding time, 1851, Ss2,S07 70 issgS u
EXCHANGE.
New York and cities north and cast, on de-
mand. Z discount buying. New York and
principal cities north and east, sight Z dis
count buying. New Orleans 81 discount
buying
Selling Raics--on New York !. per cent.
premium on sums below $1,000. $50 per
$1,000 premium on sums Of $1,000 or more
ON Cincinnati, St Louis or Louisville, $3.50
per 81 900 premium ON oil sums ON New Or
leans, $50 per 81, 900 on all sums. Prime
commercial sterling. $Ls2@Lss,S
There were no changes In quotations Of To-
cal securities made today Mt the stock call
board session Hi,,bcc school 0s were puton
thc market at % bid and as asked; Christian
Brothers college IL bid and 90 asked.
These stocks have not been listed.
The local cotton market closed quiet and
easy, with sales Of 800 bales. New Orleans
spots closed dull, with futures barely steady
and on . TO points. Liverpool was quoted
business good at unchanged prices with fut-
urcs barely steady and declined 20 Spoints.
At New York The spot market closed
quiet, with futures steady and of 4 20
points. Hubbard, Price A Co., In their cir
cular, say The opening report from Liver
pool was mthcr disappointing 10 most OPEN.
tors here ON The iirst call here this market
responded to the extent of 10 points, but
At this decline grcai stcadlncss at once be-
came apparent, aud prices were slowly bid
mp again until about 1890 o'clock am,
when the final report Of the agricultural bu.
rcau making II, appearance the market be-
rame almost firm. The inference drawn by
the majority Of traders from this report is
that Il indicates a crop oi between 100000
and 00o,0On, aud ON this sicadlcr tone be-
tame apparent 81 the close, which was al.
most firm. The Clifton Horid publishes To-
day statistics making the total crop IN sight
on the III OF March G32T.GSa Outside Of
the statistical news the market has been
nthcr unintcrcsiing, tnl partakcs Of the
usua. Saturday character"
Tho agricultural department bureau re-
ports the apparent proportions OF cotton
forwarle fnum plantations February !, a.
followe
Tho rcIort OF cotton mirkctcd was com.
plcis for eight States month ago, bn, for
deferred returns irm the Cerolnas and
Texas. The apparent proportions forwarded
from plantations on the iirsl of February
were rs follows Virginia, m per cent;
North Carolina, 90 South Carolins, 90;
Georgia. ~, Florida. 81; Alabama, ~, Mis-
slssippi. o.. Louisiana, So Texas, ~; Arkan-
sas 90 Tennessee, ~, Missouri and Indian
Territory, ~ The general average Is % per
cent. This indicates an incrcase Of 3 OF per
cent on the aggregate Of country estimates
Of the irst Of October. although the Feb
rnary returns Of estimated product com.
par,d with that " 1896 were nearly idenu-
cal with the November returns. This fur.
nlshcs n further illustration Of the local
tendency 10 underestimate the produc.
lion. IL was suggested In the November
IMPORT that Il might be assumed that deep.
rooted and early and wcll-dcycloped plants
would produce better than Is expected In
their apparent loss of condition, and that II
the outcome should surpa~ this nrst esti-
mate tho excess might be due 10 this cause.
This view was correct An allowance for
the depressing cffec, Of panic In local re-
turns - s,outiy opposed by speculA,ors |,
again proved 10 he necessary.
The quality oi the fiber Il superior condi
ton clean and the Yield % lint n little ahoy,
~ per cent The value of seed averages II
cents per hushef ON the Atlantic coast, l. 4
cents In Mississippi, iiccnts In Tennessee. 1.
cenisin Louisiana, and ~ cents IN TEXAS"
There il no change In the condition Of th'
New Orleans sugar market, the tariff sglta
fion appearing to discourage all desire 3,
stock uT. Prices. though quoiably un
changed, arc in buyer favor ON all grade
but whites. which are comparatively scarcc
Molasscs continues steady at previous prices
The demand Is limited. Clean rice l. stl
quiet and casy. with buyers aud scllcr
apart and rough rice quiet and barrel,
steady.
Tho local markets today arc quotably un
changed.
Butter, q rkE.; bacon. ~ pkg. cheese. D
pkg, coffee, - ~, lime, i0S brl.. rice. 4
pkg, oatmeal, 80 sks, cotton seed a.
SKIS cu~, ~ pkr; hay, 80 bale.
horses and mules, "a head; cattle. ~ head
Lard, no pkg lumber, $500 iecl; llauou
o. pkrs, molas-cf 10 brls, onions, is bri
PORK sides, cars; sugar, M brls: iohaoc,
800 pkg. dry goods lts pkg. boots and shoe
v"2 pkg hats and caps, o. pkg.
ELEyArOE nEToETs.
Tho following shows the amount II graI
received. Withdrawn aud in store by rcgu
elevators, ~ reported "a the Merchants e
changc ioday, Corn received, i,iN2 bu, Wit
drawn, 1854 bu; IN store. 1850 bu. Ga
received. ? s.o bu; withdrawn, asa bu,
siorc, t032g bu.
Roads and Ntseka
Tl.e foll.wiuv lisf A. r.rrr.fsl ,..at..f