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

ENttlANNt.
New York and cities north and east, on
demand, i discount buying. New York
and principal cities north AMI cast, sight Z
discount buying. Now Orleans, So discount
buying
Selling Ratcs-On New York, 4 per cent
premium on sums below $1,000 $3.50 per
81 600 premium on sums Of 81 900 or more
on Cincinnati, st. Louis or Louisville si.5O
per q, 600 premium ON oil sums on New Or
leans, $3.50 per 81 Goa on all sums. Prime
commercial sterling, A.s2@Ls2H.
No session Of the stock call board was held
this forenoon. Local securities remain
steady and unchanged The call viii he re-
sumod tomorrow morning.
The local cotton market closed quiet, sales
being $50 bales Weeks sales, 1900 bales,
Of which $50 bales TO exporters and $3.50
bales TO spinncm Tho tumble IN New York
futures OF some 20 points at the 2;2O o'clock
call, created much interest on change and II
was attributed to the promised estimates OF
the cotton crop by Badsircefs 10 be pub.
lishcd at 3 O'Clock p. m. II did not come
until puch later, however, and the telegram
was as follows
"Nrw YorK, March q 1854
'IIsnry Hotter, Superintendent, Cotton Exchange,
Especial reports 10 Bradsircfs from /, 400
amounted interior towns show no cotton at
100 towns aud 49,, 700 bales at GA towns
This indicates the total crop In sight, Fcbru-
AIRY p, was G.3Ci ,00o, exclusive of stocks on
plantations back Of the 400 towns reported
"LDrroR BRApsrRKKrs"
New Orleans spots closed quiet and OF
lice, with futures steady and OF 20 n
points At Liverpool spots closed quiet,
rather easier, aud middling uplands OIL i.i0d
Futurcs closed rather easy and of . points
Manchester yarns and cloths ulcti moderate
Inquiry.
New York spots easy, and ns 10 the future
market, Hubbard, Price & Co. say; First
ndviocs from Liverpool today reported n
quiet market with sellers ut 2-0i decline,
and Influenced by this price here, opened ai
loss Of 3eii points. Less buying orders
canscd slight advance, and the MAJ kei con.
flnued steady with little feature and interest
till midday. Port receipts were fair, and the
interior movement showed but slight falling
OIL The instability Of price, not apparent
on the surface. was then shown when some
Of tho weaker bulls pressed sales Liqulda.
ton became general, and consideration Of
scmlpanic resulted, prices dropping -
points below yesterdays close, In the Wild
efforts 10 sell. The market rallied D points
before the close"
The New Orleans sugar market IA less
active; the decline In prices has not been
limited 10 any one grade, but has been gem
snl. The stock held Is light, and holders
still profess 10 have confidence In the out
iook-hcncc. are not pressing sales. Mo-
lasscs rules quiet, with prices ruling steady
The stock held, while fairly large, Is not eS.
eessive In the rice market prices have
materially declined, dropping fully Nc;
rough rice has been even more depressed
than tho clean article. In the local markets
no changes In quotations were made today,
and prices ruled steady.
President Martin, Of the Merchants ex.
change, made the following appointments
Of quotation committees for the month oil
March Groceries aud provisions-H. a.
Miller, chairman, Joo fader and Hugh
Petit produce-Kirk Allen. chairman,
aud u. n. Mckinney; Frain-Ed Moore,
chairman, and n. l. Bridges nour-a n
Phillips, chairman, and J. NJ. Williams
cotton seed prcduc,s.-R q. lAt,ins, chair
man, H. J. Parrish and J. NJ. Falls.
tMroHrs.
Ten pkgs butter. ti0 pkrs boots and shoc'
1000 bu corn. ~ pkgs cheese, "a ais coffee
a0ss sks cotton seed, I car cotton seed
ibS pkRs dry good. 81 pkg cFgs, $50 brl
-four. 40 bales hay, Is pkgs hats Is
head hogs, Is head horses and mules, -
pkg lard, 20 OOO Il lumber, 2Opkgs liquors, =
hrls meal, 80 hrls molnsscs, 1900 bu oats, 8
brls potatoes, l car pork sides. II pkFi rio,
II bids sugar, ~ brls sugar, 40 Pkg tobas
%.
ELEVATOR HrroRra.
The following shows the amount Of grni
received, Withdrawn aud IN store by rcguh
elevators, o. reported 10 the Mcrchants g,
change today Corn received, l,s5s bt
Withdrawn, ei2 bu In store, 2,5gi bu, oai
received S,s56 bu. Withdrawn, 1874 bui 4
store, %, i73 bu.
-
uends aud stocks.