The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-03-07
DOMESTIC EXCHANGE.

DOMESTIC EXCHANGE.
Buying-New York and Eastern points,
demand, l-i0 discount; Eastern points sight
is discount Cincinnati, st. Louis, Louis
vile and Chicago, lilo discount New Or
leans & discount.
Selling-Ncw York and Eastern points,
$3.50 premium; Cincinnati, St. Louis, Louis
willie and Chicago, lilo premium; New Or
leans, par.
The Secretary Of the Treasury this after
noon accepted the following bonds: Regis
tered AIS, 1917 500 at los.
The local cotton market today closed very
firm at an advance of Lice Sales, 3, 400 bales,
or 1900 bales to exporters and 1850 to spin
ners. High grades OF cotton are scarce and
In demand at from Lice TO &c above quota
tons. New Orleans spots advanced Iso and
firm; futures steady: March advanced IA
points; other months up to II points. Liy-
erpool closed steady; demand fair at an
advance Of l.l6c; futures steady and up l
point The New York market closed steady
with futures very strong March up 5poinis;
other months TO q points. Port receipts to-
day were l0Oi2 bales, or S54 bales greater
than receipts for same day last year.
A Anew York cotton review, says Futures
opened n little better on a stronger report
from Liverpool and small receipts at the
ports, New orleans reporting only 1862 bales,
but soon relapsed into dullness, the bulls
showing much less courage and spirit than {
few days ago, the absence OF sellers being
the main support TO values. After the las
call, however there was renewed strength
-. auI m.
buying TO cover and leading operators cam,
forward rs buyers for the rise"
The Manchester GHariidH in It's CONNER
cial article OF the 9th says: The market on
the surface remains quiet and ifclcss There
Is no sign Of real activity in respect TO actual
business, yet there Is u strong undcrilow de
mand AZ regular rates which is sufficient 10
sustain prices. There Is rarely the slightest
symptom OF weakness. India orders do not
decrease seriously. Inquiries for staple
goods are constantly received. The limits,
,howoy,r are 10 low that little business !,
practicable There are few sales u impor.
lance. China merchants are inclined To buy,
though seldom In large quantities. There
are few transactions The offers are below
current rates There l. a quiet but steady
rum lAli f7NAAAA NllA NNlNA
minor foreign markets nj previous prices
which is sufficient 10 prevent pressure TO
sell. Home house. continue 10 be- cautious,
yet they arr unable To make any impression
on prices. Manufacturers are more inclined
tolcsscn the production than TO accept o'cr-
Mt price below those recently paid. The in
quircs for export yarns Is poor China aud
japan spinnings are firm, although there Is
little fresh demand. Spinner are sufficiently
fortified with orders Ia refuse low offers.
The continental demand is slow. There are
few sales Prices are steady. There Is aquicJ
but steady home demand for small quaint.
ties Buyer. are doing little In forward con.
tmcts. Cloth u very quiet, hut steady.
Buyers are unable 10 place orlcr under FRI.
days rates although OCCASIONALLY they hav,
pressing orlcrs In hand. India aud China
staples, especially shiriinrs. are firm. Maker
OF the widest widths arr able To comman,
full prices India Zine aud fancy goods on
dull Printing aud other finishing cloth
are hrm. Producers consider prices cA
trcmcly low A moderate business Il u
ported. There na iair inquiry for hcay
goods for expectation at former price
though rarely IN lnu,c quantities. The hon
demand Is weaker. Prices are steady"