The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1888-09-28

Lake Shore, 1o2 Tol3 o Cen pfd. 50
l. 4 New Albany, 4lk U Express, 70
Memphis & Charl, IS Whbash, ST. 4 Pao 14sz
Mi, Ts& ", SO Wolls Fargo Express, Isl
Nil, Us W pfd, IS Western Union, S41z
Min 4 81 /, 81 Am Oetton Oil, ~
Min 4 81 pfd, 10 Richmond & w ri, nv
LONDON, Sept. .-4p.m.-The amount of
bullion gone into the BANK of England on
balance today is $4,000 The bullion in the
Bank Of England increased 1924, 600 during
the past week. The proportion of the Bank
OF England reserve to liability is now 4l.5S
per cent 1
PARIS, Sept. 27.-Thtce per cent rentes
s3f 35c for the account, The weekly state
ment Of the Bank of France shows decrease
OF 8, 1901 900 francs gold. 30
BANK cLEARISGs.
CHICAGO ILL.,, Sept, 27,--Bank clearings,
$40, 924, 900 30
NEW YoRK, Sept. 27.-Clearings $i06, 1871,
55S; balances, S7,034, 1875.
BALTIMORE, Md, Sept H.-Clearings, 81, :
800, 6A; balances, $iO00f.
BosroN, Mass, Sept H.-Clearings, Sll,
1913, $40; balances, 81, 1895.
ST. LOUIS Mo-, Sept. 27-Clearings today,
| 81, 7iS, i22; balances, S5OG, 40
PmLADELrHIA, Pa, Sept T.-Bank clear
ings, S0,0i4,777; balances, Sl,50i,74.
Grain and Provisions.
CnIoAoo, ILL.,, Sept ga genuine surprise
was in store for operators in wheat in this
market today, and it developed in the shape
| Of q material advance In price where many
| operators had expected a decline. September
was advanced 22c over the closing price OF
yesterday, or Sl.20, with large settlements
| at 81. 25 This was the principal feature OF
| the day, but none the least unexpected was
the advance OF SIC in October, 2Hc in De
ccmbcr and / &c in May delivery. The en-
| tire list scored an advance, and the feeling
was greatly unsettled. A feyerish excite
mont characterized the trading, The open
| ing was weak, and early trading lLc below
closing figures OF yesterday then followed
numerous small fluctuations after which
the market became strong, and advanced =
"a &C. at q time for the deferred futures until
| the advance above noted was established,
| while September advances amounted tO 2CBJc
| between trades, in fact, there was not much
wheat TO be had until the $50 mark was
reached. The shorts were amazed ut the
turn Of affairs. Operators also com
mcnccd 10 argue that II September
was 80 easy Of manipulation. what
might shorts for October expect and
this created a sharp demand for that future
which carried prices lH2c above those rul
ing for December. The receipts Of contract
wheat are very small, most ut the receipts
reported here being uilcl through. II was
also rumorcd that Minneapolis millen wcr,
bidding for the old wheat held here, which
rumor helped 20 strengthen the already un
settled feeling. Foreign aly.ccs quoted dull
and heavy markets, Liverpool being lower
aud London quoted cur.NHs on passage ~
weaker. Domestic markets were easier
early, but rallied somcvHI ON the advanc,
on the Chicago market The closing price
in the Chicago market were 2'sc higher fol
September, 2Afc for October, and &c iOl
December, and EG14c higher Tor May than
closing figures Of yosterdIy.
There was only a moderate business IN
corn, the activity Of whuIt Withdrawing The
interest from this cereal tp % considcrabl,
extent The opening, however was fairly
active and most Of the trailing was IN th,
early part ~ the session The feeling was
easy early aud later shovel some strength,
due tn the advance Ia whg' bat toward the
close the market reacted tu Che inside prices
Of the day, owing to the lrIu .Iirs OF October
by heavy operator. OPENING sales wcr,
80 Sc below the clOsiHg gree ui yesterday
the market then iluctua,ri with &c range
and closed ga .c lower tI,an Yesterday
Cat, were neglected and quotably about
sc easier.
4 fair business was Transacted early IN
pork, bat later the excitement M grain at
tmcicd the attention " operators, and the
market became quiet Opened about the
same ~ yesterdays close advanced &c foi
October and So &c for Tia more deferred
futures reacted slightly, bat became iirmei
and closed at about the outside prices.
Lard was In moderate demand and easier
but fluctuations cOnhngd " q small range.
October short ribs were In fair demand
and stronger. Opened AT an advance OF 21C
and clorcd easy.
The leading future, ranged as follows