The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-10-09

DOMESTIC EXCHANGE.
New York and eastern demand, 2disoount
buying; sight, 80 discount buying par -cll-
ing New Orleans, s. discount buying par
selling. Cincinnati, S. Louis and Louis
willie. demand, g buying par selling.
The local cotton market declined again
today; quotations isc lower sales 5000
bales, Of which $500 were taken by export
crs and the remainder hy spinner, New
Orlcan, spots closed irregular and oil hri
futurcss closed steady, October aud Noyom-
Der going on II points. with remaining
month, of . TO II points. LIVERPOOL was
steady, demand fair middlug upland and
Orleans are l.iGd lower; futures closed Co I
points lower aud weak. The New York
market closed easy at decline Of 3lgc;
new cotton I,c lower than quotations;
futures steady; October of II points, Np,cm-
her Q, with remaining months declined To
opoints.
The Commercial Buliltn Of Saturday states
that "thc powers that be- and of whom the
bulk Of the tmdc seem 70 feel moro or less
dread were repeating the hammcrng pro.
cess on the near optic $, and through the
medium Of full issue ol notice. frightening
oil demand for October, 30 that ON the de-
clning tendency the present month keeps
well IN the lead aud gives matters generally
a tame sort Of tone u is not clear that
many new sellers arr being drawn out how.
ever ~ the universal fear that out Of the
mop or less peculiar condition. * sting this
fall some unexpected manipulation may dc-
yclop creates caution an We notice some
of the operators who have heretofore been
somewhat prominent iu suwr,'iu" % weak
uudcriunc now claiming 90 have changed he
feeling anl utmltinr belief that about Ull
weakening influences have been discounted
aud the chances favor reaction. Something
Of that Kind undoubtedly acts as q hacksiay
% the later months. which have continued
10 be offered spaHugly aud weaken only
slightly as compared with the nearby offer.
ing"
lluhbarl, Price 4 Co. say. "Thc market
has been easier the day throughout,
Opening reports from Liverpool had
naturally depressing Influence aud prices
started from { to . points lower 90 tine d..
cline. being Increased during the day hy the
WY hNhlbNH litHHNlN ON 'ii"NiI Mii.'N no
one wants to rcrcivo until after the revision
Of the quotations which T. expected on
"Wednesday shall definitely determine the
value Of such low grade cotton ~ my De-
rendered W." notice some good buying at
he decline however
Southern offerings show n noticeable IN. |
.pa,c and u.tlni improvement On quality |
Idyircs from many suurp stating ihut ~
cipl- an now quite n. ruud In quality %, NJ
his time lat year, aud tic higher grades arc
iorc readily ohaiuahl, thlu at any time
nee The opening Of the ,vasru.
suiTEnmn coTtoS NoyTuEyr.
The New York Cotton exchange. THROUGH
Its stali,I...gu Alini D. Stephenson. h1s be-.
sued Up.rt uf co.. cotton movement ul Che
United State. lur September
sip.. iI .ltat r.u.. yf september
Sc, pgciJ'. oi tales o. rors ln
soti .m.ef ................'....... au.u7 Gstp
Set Of.t'rII aHipuylt. boz srUf Ul.t ..fT
'tOrk iN,ur .iN iuNuuftlHu,l
CAuca col .isk AU.usi .I........ gI.1 Hus !
aH aH# l
Total stHUl 100 seii exclusive Of
southern UIutuurilHu. ......... Is1 ugs Ttusa