The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-08-03

Gin, san Cleve, GO Oregon lmprovement6Sh
Cleve d Columbus 81 Oregon Navigation, 93H
R 81 r:ss $H%T sst III. al1Ps
Denver Il Rio q, 10 PAoTla Dec x Il, 2lM
Fast tennessee, lOh Pitisb1rg, 1855
East Tenn lsi pfd, COZ Pqlman Palace 1854
Last Tenn I'd pid ~ Mtling, GiA
Erie, 26h RWA Island, 1911
Erie pid, W st Louis X san Fran, 80
Fort Wayne, l52 stL0uis & san + pfd, ~
Fort Worth 4 Den, ia stI san LIST pid. ll3H
Houston 4 Texas, 1871 sfaGii nd lOs
Illinois Central, l22H St Paul, Min 4 Man. lo576
Ind, Bloom. West 10 stPnul 4 Omaha, 3gM
Kansas Il Texas, AZ stP Omaha pfd, los
Lake Erie West l6I Tenn Coal & Iron, 2SH
Lake lrie W pid, 4sL Texas Pacific, 23%
Lake Shore $50 Tu1 II Ohio Cen pfd IS
Louisville Nash, coz Union Pacific, 5JX
LOUSY. Albany, 40 United Stpcs EN, AZ
Memphis * Charlest, 4s Wabash, 81 l. n r, 134
Michigan Central 81. wabash, st l. & p pid,2N
MI Ls&W o. Mclls Fargo Exp ia
NJ IL pld, 30 western Union. hOH
Min \ - Louis, ~ American Cot OIL, SSB
MIN * ~ Louis pfd, 1871 Richmond W.T. 70
LONDON, Aug. "a. p.m.-Consols closed
at Vtsd for money and 30 7-l6d for the ac-
count Bar silver 42d per ounce. The bull
ion in the Bank OF England decreased f2GO,-
900 during the past week. The proportion
OF the Bank of England reserve 10 liability
is now 1913 per cent.
PARIS, Aug. 2.-Three per cent. rentes,
$50 45c for tho account The weekly state
ment of the Bank OF France shows a decrease
OF 300, 900 francs gold and an increase of
l,S25,OOO francs silver.
BANK cLEARINGs.
CHICAGO, Ill, Aug 2.-Clearings, slO6s3,-
600
ST.. LOUIS, Mo-, Aug 2-Clcarings, $2,6ls,-
2jO balances, S2iS, 537.
NEW YoRK, Aug. 2.-Clcarngs, $l30,0ss,-
1876; balances, $1,000, 503.
BALTIMORE, Md, Aug. 2.-Clcarings, 3d.
go 0S2; balances, 1906 All.
BosToN, Mass, Aug. 2-Clearings, ST.
1871, 1893; balances, 50, 4l0,SiS.
PniLADELrHIA, Pa, Aug. 2-Clcarings,
Sll,63I 4Vi balances, sl,si33Oo.
Grain and Pro,i sions.
CmcAGo, ILL.,, Aug. 2-ENcitement border
ing on apanic prevailed in the market for
hog products today. Trading was extremely
brisk. Prices declined very rapidly, and
considerable property carried ON slim mar.
| gins or limited to certain figures was offered
on the market and added 10 the general de-
| preston, The reported stock of lard on
hand caused n decidedly weaker feeling In
that article, and shorts in mess pork and
| short ribs took advantage Of the situation
and enlarged their lines Longs were anx-
ions 10 realize, and all outside influences
were lost sight Of for the moment, the main
effort being 10 dispose OF the property. At
| inside figures the demand showed some inn
| proycmcnt and prices gradually rallied 10
medium figures, and the market showed
more steadincss. The near aud deferred de-
| liycrics shared in the decline, and the for
mcr, however, more than the latter. The
| widest fluctuations was IN pork. There
| was considerable pressure Ia sell during
| the early part Of the session. small and
round lots being freely offered Prices
| opened fully lf6ul0c lower, but temporarily
rallied TIC. Then the market weakened
and prices declined 10 0OMDjc quite rapidly,
with liberal sales at the declining scale.
Later the market showed n little more
strength and fprices rallied iOdI5c, and
ruled with considerable stcadincss 20 the
close.
Lard offerings were largely increased,
while the demand was only fair and prices
suffered u reaction Of ljts2pV per 100 pounds,
with good trade rcportr,lnt the reduction.
Later the market showed more stcadincss
aud prices rallied 2kd5c and closed steady.
Short ribs were weak during the greater por.
ton of the day. Offerings were free espc-
cinlly for September delivery, while the de.
lnnnd was only fair. Prices on the whole
ranged at adccline Of l5@SOc per 100 pounds,
but rallied 5et7jsc.
The wheat market did ypt hold its own
today. The news was bullish from nearly
every standpoint, but Nl,epcral speculative
support was lacking aud vDlues settled back
Adlc. There was evidence IL "a concerted
effort ON the part Of leading local operators
To dcprss values by usiig,i foreign houses 10
sell through. Whethcfs AZ many insisted
that the drive was mode 10 get good
market but II an undecided question,
certain II Is that the big traders
were making the maxlnnni deal OF noise aud
the nominal amount Of selling. September
wheat opened nj sIJsc. sold oil TO sSlic, be-
tween which point and s5jsc Il iluctuatcd
most of the day. shortly after ~ o'clock
the price got down TO sJl.@sJ5sc, aud the
feeling was one of weakness. Good buying
occurred, however, and the market al
yanccd &c, closing stubhonly strong at a
Ac cheaper basis than yesterday.
The corn market was weak aud lower
Tho opening was strong at a6Llic above
yesterdays closing range viz: AZ &c for
September and i69.c for October September
sold up to i1i.@i5A &c, aud October TO i0'sc.
That proved a. be top. The bottom was
id'.c tur September and ii'Edl5i ,c for Oc.
tobcr. The decline represents shrinkagc
NJ ACtlc. During most ui the session the
greatest weakness was IN the deferred fut.
urcs, the pressure upon year aud May caus.
INK noticeable hcayincss
Oats were dull and weak, with fractional
decline noted IN futures. There was no
support, with few buying orders, aud while
moderate favor was shown near futures the
long months were nominal