The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-06-08
GENERAL TRADE.

Dullncs prevails IN general business The quo
tntion lists remain unchanged Amount Of grain
In tor at tho elevator, corn, 1914 bushels oats,
II, g53 bushels
~ Sew Orleans there Is good demand FOR
sugars. aud sales are made NJ cvcn higher than
quotation ngufcs Tho control of the market Is
largely Ia the hands NJ DEALER who hold the bulk
Of the crop. Thcrc isa fair demand Tor rcancd
goods Moasscs quiet anl unchanged In rice
prizes are nrm aud well maintained, but not quot
ably higher
chandler, Hrown 4 60, IT Chlcigo, wired their
Memphis correspondent us follows on o. the griin
market wheat closed strong al highest point
under big demand for heavy weight shins. also
a big demand flr Iona account, Influenced by
bctiercablc. AMI an improved export demand Tor
wheat and nour az scaboiu Reports ~ growing
crop, Ia Russia uuiayorablc and ton much min Mt
home. q now the cry oi tho bulls. Curb strong nj
~ ~ july"
Dan 6jCo's weekly review oi tmdc says "Thc
hood dis Iscrt have entirely changed the situation
In the Eastern lumn,r trilc, the coal, iron aud
steel trades. Producing comphulci Of the nut I'm.
porhncc have suddenly ceased operations, nnd
their urlcu must be hllcd by othcr, OF delayed
The flooding 81 many coal minca cuts on supplies
OF feel Tor many manufacturing works, and the
sloppaec VI the Cambria Mills nnd furnaces, which
produced yearly over ap.pO tons Of iron In various
tufiuM VIII uNtIf va iflNr lNN fnlMt NiuN INC
destruction q more than forty bridges about half
of them on the rcnnylyanin railroad, besides
many locomotives ears aud miles oi track, creates
sudden demand which IL fclt In 40 Iron and steel
markets ig Iron duc, not change asyct the pro.
ductiun previous a. the disaster having been much
Ia excess ui the consumption. The south.
crn sales II pig have been heavy at
former priccs. hut 2,.Uu tons 81 nails have
been sold, aud the price r. hnncr ~ ~. while
structural plate and tank nnd bar ifon are sirnngcf
aud ma adyhncv Il looked ilf IN niilL In anthr.
cite coal the tone h. stronger Many snii coal mlnOs
| are cut Oh Tor the present. Wheat aud oil hayu
been lower but Ia other speculative markets the
general tendency has been iowuri higher pf.ors. A
| limited iorclgu demand and th' pressure II accu
! INFLATED stocks dcpr~cd wheat imcllon aud
nout Too pcr hnfrcl. hut corn IL about " stronger
''Concc Il ~ stronger sugar has bccn advanced
&c. anl the statistical position Il considered
fituns. some grades Of leather arc little stronger
The reports from the interior show a hlr Nolumy
If trade In prustcss except where disasters hay,
interrupted Collections are backward At Milwau
Lee. aud but moderate ht New urlcint The money
markets ac all well supplied sui easy. with
active demand az Cleveland aud Detroit
At Philadelphia rccripu ui wool av cu
on. but u 4 felt that growers ne,
| asking mor than manufacturers can nay. tn,
white lead trust appears % have been completes
l., the purchase Of two ~ Louis CONCERNS 1in ha
been weaker 90 .ttn ccuu Cor June.
"inrso exports oi gold continue, i1f the week
Including yesterday. at least tAolool1 have tect
sent HI.pm In place 81 sold dawn frbm "a,
trcuur, however. silver ccttincltcs have bccn pa
ual sl ir that o. holdings arr a million lc,s than
week ago Al iuictof markets hnyu immcasum
bic oi supplies ~ pUsont aud no lack exists hero
FOREIGN Transactions IN trust and other Industrial
! siuals bHluH iufru amount Ut cnpini hliHgf AM
~ the stock market other securities have bcci
stronger
"Thc business failures number "a a. compare,
. with eiS lat week and 20 the week pWyious Dol
The corresponding week OF last year the hgurc
| wen, A.an