The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-03-16
GENERAL TRADE.

On the Merchants l. change market lists
today meats aud Lard closed quiet, sugar,
very strong at an advance 81 &c, coffee easy.
Other articles unchanged Amount II grain
In siorc at the elevators. Corn. u2,2li bush.
els oats. 1850 bales. wheat, i33 bales. At
New Orleans the sugar market is very firm.
prices having advanced sharply IN all grades.
mainly Influenced by the recent course Of
the leading markets u the world. New York.
London aud Havana having all advanced Of
late, owing TO the steady diminishing Of
general stocks and the prospect Of shorter
crops OF both beet anl cane sugars than
were expected. All offerings are sold rapid.
~, and the demand for refined sugar. has
been brisk aud selling rapidly. MolAs q. ~
fair demand. Rice steady with fair dcmnnd.
A telegram from New York states that the
outputs Of refined sugar laitcrly have been
| taken up freely since consumer, have looked
Tor higher prices, ON account Of tho steady
/ upward movement Of the raw product, a.
based upon the statistical position. short
crop Ia the West lndics aud the fact that
England completes sharply with America 1T
producing points ior supplies. The rcnncfs
have carried along the old prices until yc,
tcriay, when the old list was suspended Ia
be- parmngcd NJ q meeting u the trust 90 be
held today The revised prices put out this
morning show GA advance at e all around
with brisk business. Thus the quotations
arr Tor cut-loif aud crushed, si2is. Pow.
dcrcd S.a5ls. gnnulaicd. GIgis mould
A. SIX, cubes. s'.2i, candy A, 600. oou.
fcciioncr' A, sGSii"
Il q. Dun a COS weekly lew Of trade
says that the great fall In the price VI copprr
from about ESQ 10 ESQ per ton at London
appears TO have come 10 stay Liquidation
Is a confessed Necessity az Paris. and con.
sumcfs Ia this country nro looking Tor much
lower price when contui. T. run out IN June.
while Boston stocks have declined severely.
there arr no signs II disturbance there. an,l
mt's ior money aW comparatively easy.
Price NJ Ursgnt arr nearly nominal. with
scarcely any tmdlng Tin declined little
and lead was weaker The monthly IMPORT
ut Iron furnaces in blast. contrary g. general
expectations shows a slight incrca.e In Feb.
uify, the output reaching 1870 ton,
weekly March !. against about les. Snn last
year The market Tor bar Iron Il pronounced
the poorest iof many year. the demand Cor
car building aud skclp iron has fallen OF 10
almost nothing, aud while there IL morc he
mnnd iuf plate iron, and the movement OF
pipe is fnir Tor the scasun. structural iron /.
gloomy, nails show no improvement aud
are dcmomliEcd, aud steel nails arr quoted AT
tT.5o. Sales 10 March have been spO. SSo
tons. and deliveries lt25s7 tons. aud maker,
decided not a. Increase che allotment
The Government import showing ii2On.
90 bushels OF wheat n iarmcu' hands !.
regarded by operators rs an induccmcnt for
lower prices. With lho visible supply. 81.
10000 bushels, There b. thus in sight ahnu,
aLOu0On bushels more than will h. required
Tor food aud sccd until July 1. aud thcr /.
besides n large stock on the Pacific Coast In
country elevators aud in the hands ~ traders.
not included IN the visible supply. and
probably NOR than the ordinary stock OF
ilour on hand tn winter having been open.
Whom it is considcrcd that the ordinary stock
81 four would probably cAuccd goUo.Or
bushels u wheat, and That last years cx
ports 81 wheat and nuuE March 1 10 July 1.
cover but 2s,OlO)l the prospect Of
scaUiiy seems remote The price ha,
hllcn cents 10, ihc week. With sale,
OF 3h1onp bushels IT wheat Corn i 1,
lower aud oats &c. Fork products aru un.
changed. No change appear. IN coffee. aud
hul . lmcllon In oil The stock market la,