The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-01-07
GENERAL TRADE

The only changes made In the local market
today was In bulk pork clear sides clear rib
sides, long clear aud shoulders, which were
advanced e..
The local cattle market closed yesterday
nearly bare Of all CLASSES of cattle hogs aud
sheep, for which the demand Is active and
prices strong nj quotations
Amount Of grain In store at the elevators
Corn. 5lGli bushels; cats, 1915 bushels,
wheat, ass bushels.
At New Orleans the sugar movement n
tame aud the demand Is limited, particularly
~ kettles, aud prices are more In buyers
iavor spectators appear h. be- wcll stocked
hence stay out of the market, while the trust
o. also we'll supplied against pre- cnt require.
mcnts Molnsscs Is easier aud prices have
declined somewhat There Is only modcr.
ate demand Tor rice, the marker developing
bat little activity
IN their Circular dated London, Dcccm.
bcr ls, Mcsss. Ncill Brothers write rs iol.
lows
In our November circular We published
he estimate IT our New orleans friends that
the incoming American crop would nnio nj
10 or exceed :. 10000 bales Of iO0lb. Il. g.,
II the snmc weight of bale. ~ last year In
these figures our friends have since made no
hanrc whatever
In view 1T the fnci that they stand almost
ilonc In their views aud that chorus II
opposition aud 81 estimates Of about a ~,
oOo bales GIN which Liverpool has freely
iuincdl has come irnm all parts of the States,
l. -. Il
20 reconsider his hgurc. aud advise Va II
they require any modification. To this We
have received the following reply
New Orleans December II. We see M
reason 10 doubt our November crop est.
mate Light receipts do not affect the qucs.
ton. The weather has since been favorable
and the plant IL yielding better than ca.
pcclcd. hollis still opcninr In many quar-
tcr.. Picking going on extensively. II W,
made any change VA our figures II would b,
TO increase our minimum, hut no chang,
necessary Maximum uncertain"
Mcssrs. Ncill herr give quiet claborai,
tables showing temperature and rainfall
aud argue thcpfrnm that indications poin
Ia crop considerably larger than Mr IIcnr,
Neilrs hgutvs
The cirvular then continues "nui nc
corlng 10 the weather Indications giyci
,bovc the crop and future receipts ought q,
,rriily cNcrr,l those ~ is,1.A iur while III,
weather has not bcrn very di~imilar th
nrca OF which the crip Is being gaihcrc,
y. larger by nearly aooUoi acres, whicl
ought 10 produce itnoUpp bales. A remark
able confirmation Of the hpc yield indicate,
by the weather tables is furnished by th
actual SCALE ut pcripts ~ compared viii
| tlItrg III either vet reIsuus 10 tiis date II
i,,i.3 there had come a. ltsht q, as uup bale,
pt ilis percent ut tie crop 10 the sam
date in issnl tlic quantity delivered va
q. tla go bales or ~ prr cent " the total
and ~ ilic same date in Ism 20 10 WIS =. Ish
On hnl,s. or ~ per cent II the crop. m
AVERAGE ui thcsc three percentages would h
81 prt cent Now should thc cotton whcl
has already cumr in sirhi=Ausi Uu bales
represent the same proportion. or 50 pe
cent. 81 the total, the vrup would amount 4
al. uu1 bales. We make these commfni,
however aud mention these logical result.
based IN the past weather aud the actual r.
J cripis not lmyurn the estimate ~ our Ne,
Ornans friends, hut 60 support II hy shown
that ~ Car frnm being what Mt Ellison cali
. a sensational estimate It's he reality % yer
moderate AMI conservative one oomparr
Fiih what they might logically have pu
| forth"