Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1861-09-04
THE DRY GOODS TRADE.

partmcnts IEis in the wholesale depa ment however,
in which this mostly observable, and to that
We desire more especially 10 direct attet on. The com
manding influence exersd by the lbbiag trade in build
ing up and establishing great commercial centres, is
known aud acknowledge by all, and hence find that
n our own city 40 one cause has tended to the
tension Of tade 20 remote rg hitherto looking
to other markets for supplies the foraati of and
profitable business connections and the attracting Of
purchasers in the various walks OF commerce, TO this
market than on. several wholesale dry goods and other
iobbius houses Although ct expect that under
the new order Of things hs channels Of trade will be more
or less nterrupsl yet the suporo inducem nt7 which
Memphis viii always be able present will undoubtedly
enable her net ouly to retain all her present. immense
trade but greatly extend IL in the future Conn'ry
dealers have found greatly to their advantage to puT
chase here in preference to going East or North and oT
various reasons,-am1ng which may be mentioned the
fact that he purchase here precisely what his wants
nav require aud by purchasing here ho do
oener, aud thus secure Jul k-r and more frequent
return Of investment he pays merchants in funds
current in the section from which he may come, h rety
saving the very considerable item Of exchange to say
nothing Of the saving in tina aud travelling expenses
incident to more Enlightened Journey insurance freight
interest on money otc In addition to this he finds
reference to bis wants. aud has dificu in making
selections shouli his bill call FOR Boos, Shoes, Hats
Caps Clothing, HsrdEare, Cr0ckeIy GroceTes,in fct,
any Of the staple articles Of fnds bbiHg
establishments from which be can as readily satisfy his
wants as in the line Of Dry Gods and prices amply
rspayinz Investment With these and ot5er advantages
it will be seen thar the increase in trade referred to
simply the result Of spe or inducements held out By
who ind thl the vim snd energy displayed
in securing il is being we'll repaid. Three years ago our
ity COZ tanned but oJbing Dy Goods house. and or
iers we're rarely filled fr remote distant regions.
Now we and four OF tIese Establishments, transacng
immense business paving the way for others ia the
line as also 10 every other department, aud extending
our trade to Texas s1uherl an Western Arkansas, Cen
tral and soather- ssip7, throughout Alabama into
Georgia. East Tennessee and some sections Of Virginia,
Southern Missouri and The Southern portion # Kentucky
No appreisnsious need be entertained as TO fall sup
plies The energy AID ENTERPRISE o. T merchants is
am5s assurance that they will De- sesurel-enire lines
# goods will be kept rs heretofJra-extsnsiye wants
tered to and supplied aad terms favorable as can be
offered in Y city Of the country. Southern manuGctu-
rsrs, we are pleased state, already supplying vast
proportion Of the goods sold in this market aud arrange
ments will ere long be completed for direct inporatOus.
Tae first class facilities offered in this city for the
ufscture of certain lines of clothing have induced many
Of our bbng houses to enter largely into the business,
and the demand for all staple articles in the departments
referred TO- especially in this section VII hereafter be
supplied from homs manufacture.
The total receipts Dry Goods into the city during the
year Exclusive Of deliveries by Adams Express, the
amount Of which cannot be asoertaine we fad to be
p CG4 packages.
THE COTTON TRADE.
The market for the past year opened the lst Of Sep
Der with stock hand Of 700 bales, against lls4
1ales at the sans date in 1s596g, and 267l bales in
1859 The receipt Of CROP to that date, compH
sd 275 GALES against 56 bales in s595l and Is bales u
1855 So The first bale Of the crop, under review,
reached the city the 2d Of August against the 18th OF
august 10 1852 and 2ih Of August in the preceding
year It was from Bolivar county, Miss, classed Good
Niddns and sold Immediately arrival sI l21 per
h. The first bale Arkans received on the sth
If Augu,t-irom Crtt=udeu couaty-and the first from
Tennessee-Fsyctts cJuuty-on the loh following
The average quality Of the years receipts has been
much better than usual the receipts ~ to the Is Of Jan
uary being especially remarkable for uniform cleanliness
and freedom from dus, and sand. This staple, howeve
was perhaps shade less desirable than the preceding
crop yet as whole th- yield acceptable tnan
before the history Of the cotton culture OF the
country, and sequence comm lud-d more rem unera
I've prtces-fhe political disturbances of the ines to the
ntrary notWthstand ngtusn ever bef re real zed
by The planting community For these auspicoas results
We are in great indebted to thu unusually fIyor
b character of the weather during the early part Of the
season. by which the successful gathering Jf the cro
greatly facilitated Owing the early maturing Of the
crop picking commenced fully frrnight earlier than
usual say about tine middle Of August, aud with dry aud
saIubrous wssther, with but slight exceptions, from at
ae until the early part of January, planters had amp
opportunity for securing their entire crops in the best
possible condition At the opening Of the market, ss
above prospects for the coming crop in the main
favorable but the drouth of the two preceding
mon hs having materially esseued the estimates pre-
yiousy nduiged n, Of yield exceeding ths memorable
one Of Is59GO holders firm in h-ir views and con-
dent that full prices would be maintained The steadily
increasing want Of the human family and tn variety Of
new purposes for which Cotton aud Cotton fabrics were
required indicated that stil larger INT would be
wanted for consumption and tend.d still further to as
sure dealers that the hor crop then anticipated woad
meet steady demand aud rrmunerat.vc prices The full
realization Of these expectations proves them to have
been well founded for while the market during the year
has experienced many md material uc,uaton an accu-
rate comparison shows The average price paid for the
staple to have been above that Of any prced year sine
1850.
Before proceeding detailed review Of the course Of
the Market proper to observe, that of the most
gratifying features in the Of the years business has
been the almost total absence in this market Of anything
like se or mixed packed bales Of Cotton The excep-
tions this rule have been inded and the rema
has been among factors and brokers' that the
staple has seldom reached this city in better condition.
exhibiting greater the part of planters picking
handling aud packing 1t thus that the high repu-
tation of Memphis C0ttons first established and it
thus only that It can be maintained.
at ths opening Of the a fair d,mani was ex-
pressed especially for good and coau Cott0ns of the
CROP all offerings Of which taken at lO1{gIOzc for
MiddliDg The market moved along through the month
without special change and prices in the meantime gradu
ally seng. As the month progressed, the disastrous
effects Of drouth apparent and in addition
to this the bollorm and fly be- inning to seriously
affect the plant alng the bottom lands of Mississippi
Arkansas The receipts Of the mouth liberal, com
prisng "A 2lO bales, against 10 677 in S59... During
the early part Of October operations restricted by
the stringent state Of the money MARKET and the very
great difficulty experienced in negotiating exchange and
prices ruled steady and unchanged. About the Goth