The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-05-04
GENERAL MARKETS,

No changes were made IN tho local quotation
lists today Gralu In htora nj the elovartor-Corn,
SsuoJ Bushels oats, - 0OU bushels
AZ New orleans the sugar movement IA less act
i've price, STEADY, with market less nrm for kettles
Molasscs quiet but 1rm Rice quolably unchanged
moderate demand
n e. Dun a Co.'S weekly review OF trade says
Tho unprecedented interruption Of business by
centennial preparations aud celebrations has made
the week nonry blank iu commercial or financial
respects AZ New York accumulated orders gave a
surface appearance oi greater activity on Thursday
and Friday. but II Ia YET too soon 20 judge which
way the tide will turn, and the reports from
other cities though nearly oil hopeful Ia
tone. do not indicate the expected im.
pfoycmcnt The situation seems better At
Milwaukee. satisfactory az Omaha. good AZ
Cleveland as to most branches, but questionable
~ 10 Iron. rather dun at Kansas City and st. Paul
and less encouraging NJ the chief ccnicr Of the
graiu. lion. coal and leather trade Connections
arc "inr from satisfactory" nt Milwaukee and not
improved NJ Dctfoit but In other lines therc. aud
~ other cities generally. thcy iccn fairly satlsnc
tory. aud at New York some dry good dealers con-
plain that collections aro too good"-buycn keep
30 Car within means
Reports about the wool trade are contradictory.
4 report that the Treasury may not decide the
woolcn woutcd question ior months dlrtufle I'm
pofrn who have quantities of goods locked ~ 10.
cause collectors walt fora DC lsion Otherwise the
woolcn tndc shows little better movement
silks are quiet bat linens are quite active. lair
business IN boots aud shoes continues The paper
trade l. active. Tho slow improvement cutnucs Ia
drugs aud chemicals
Hccrnt signs IT improvement In iron aud stool
have not bccu sustained Hero nnd NJ Boston
Southern No. pig has bccn offered at ti6. aud
though b. new companies 10 introduce their
/ ~ NaHa fsN
| At Philadelphia, though prices are hard 10
make" n Il 4,id that there u very renal ablc
feeling Of confidence, but Of riltsbuW prices are
| lower Al y Of Manufactured iron more dlnlculL
aud a lau,c sale oi steel rails at GO IA Imported
here to have been made hy piitsburr mill AZ
Philadelphia structural plate. sheet and boiler
iron arc In good demand NJ Cleveland and here
Coal u dull. the reported inCrrnso IN stocks iof
Mauh Il 0o.naO tons. and IA strike at ltisbug 4,
expected Copper sin waits Tin Is iowei
nbfnad. and 90 ~ tot prompt delivery here, and
lead IL ven much dcmomlircd
Wheat GOES lower yet, having spld al 0,,c, cufu
has declined q and oats ic SINGS last week. rofl
T. unchanged. With Lard and hogs a shade higher
coffee aud sugar ara unchanged. but oil On elghil
higher. In general. the course Of prices still tend
downward but any products Of lafHo importance
are now ~ low that not much further decline d
expected while quick advance might follow
revival Of demand OF speculative confidence
stocks have hrcn neglected aud dull. buta llt0
stronger in pnco with a disposition 70 believe tia
the neat considerable movement must be- upwnnl
The iutufc OF the market probably depends muc
upon the movements OF money aud the feeling q
iorrign investors, aud iof the moment both iayo
holdrfu. but bankers look upon a considerable
outgo oi specie a, not improbable, aud the polio
oi Secretary Ninlnm. ns isr ns Il has been mad
known. dos not srcm llkcly Ia cause lame 80
burscmcnt, before July. The one favorable ica
I urs " that merchandise exports are tiill lars,
4 The Treasury has taken IN during the week q ~
4 an more than u has paid out
q Tho buancs failures number 10 iof the wee
Y aud 40 Tor Last wcck. sni 2l6 iof the vcck pr
n yiouA for the corresponding week VI last ycaf N
figures were "a