Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1861-12-01
On ,Chnnrc--nu.lus.. Now.

On 'ChunEc--BUsiHess News
There was a fair attendance on Change yestar-
day, and the tables were well filed with samples,
but business was most decidedly dull. Holders
have a strong faith in higher prices, and show
great reluctance to accede to the views Of buyers.
The New Orleans dispatches stll represent flour
As being in a dropping state there, with small
sales. Sugar in demand at improved prices
Molasscs in fair demand. Corn dull at Toe, aud
wheat, rye and bran dull and unchanged.
The sales we've: Fiour-IOO sacks supcrfue at
Si.75 per cst Hbeat-250 bushels fair at $3.50.
Cora-70 sacks at csc. Molassos-75 half bbls.
at pc. B~eg--3o0 bbls. mess and prime al
$3.50 the lot round; 81 bbls. mess at SO.
The New Orleans papers, Of Friday, report
flour extremely duh; no sales. Corn duh and
dropping. No sale Of wheat reported; quoted
al s. per bushoL
We hear nothing said about the sugar Ieyee
lately. Il has probably been absorbed in the
militia subject but the necessity for it appears
to grow daily stronger. The cotton sheds in the
city are crowded with merchandise on storage,
and the receipt Of sugar and molasses goes on
increasing. One boat, the Republic, brought in
yesterday 500 hhds. and p bbls. of sugar, aud
923 bbls. and 40 half bbls. Of molasses. Tho
Council meets CA Tuesday; perhaps some steps
viii be taken then.
The receipts Of cotton at this place during last
week was 1913 bales, the shipments 81 bales,
stock on hand 1898 bales. The decrease in the
receipts up to this time, as compared with last
year. is l62,755 bales the decreased in shipments
~, $50 bales. The steamboat T. D. Hines yes
terday clipped 3IS bales Of cotton at our land
ing. 1t is destined for a point down the river.
The military order, prohibiting cotton being
shipped 10 this port, goes into effect this day.
The New Oleaus CrcsceHt says that cotton
hiss been purchased there br coulkiug in the
shipyards of Aigiers. Middfng cotton is held
ST lie.
According to the last advicos from Liverpool
Orleans middling cotton had advanced to I2ld,
equal to DC, ordinary rate of exchange. Untog-
unaply for our folks, it is feared these shipments
were oil sold long ago. The stock in Liverpool
on the Sth inst. was sufficient, at 5000 bales per
week, to last until the 18th March, to which may
be added the expected receipts from the East
India, which VIII probably in January, Febru-
airy, March and April, reach 100000 bales, which
viii carry them through the middle Of May next.
The London daily Ncsos Of October 2Sth has the
following figures: Value Of cotton imported
into England during the first eight months of
1859, f2l,C39,Ig7; of 1860, G23,940,676 Of
1861, ESQ, sO9,279. The quantity imported dur
ing the first nine months Of the same three years
was, il 1859, S,023,0S2 cwt; 1850, l0,6l6,347
cwt; 1861, 9,6l6,0S7 cwt. The arrivals Tor the
same three years during the month Of ~September
were, ii Mise, GOSSIP cwt; 1850, 573,I09 ewt
1851, 710,394 cwt This increase was from India
as the following figures show Received during
the month OF September, from Amer ca, in 1853,
3JI,626 cwts 1850, 1924 cwts; 1861, l46,
asa cwts. From India, in the same month, was
received, in 1859, 1ss.297 cwts; 1850, 1G9,s35
cwts; led, 5OO,773 WITS. Thus India has in
creased, during the time above specified, the
amount-of her English receipts by 3l2s476 ewts.
The American receipts decreasedin The same time
205,l 62 cwts. In the month Of September last,
England received from India $500 cwts. mo.e
cotton than from America. The London Times
SAYS " We are even now manufacturing and
exporting within 81 per cent. Of what we mann
f~actursd and exported IN September, 1859"
| Taking these facts into account the London
Nsrs expresses the opinion that the cotton spec
ulators in England "aTc likely, in the long run,
to burn their fingers severely Extracts from
the Calcutta East India) Tiaos and Calcutta
/ Eaglishman, explains that one reason Of the in
crease is the introduction Of steamboats, on the
upper parts Of the river Godavery, which com
municates with the most extensive Of all the cot
ton fields Of India-those Of Nagpoor and Hy-
derbad. The quantity Of cotton grown there is
immense; little Of it has hitherto found its way
10 the seacoast, owing TO the cost Of transport
The quality IS superior to the Surat cotton and
nearly equal to the American medium qualities.
Stimulated by the prospects opened before them
by the American war, the districts Of Bombay,
Madras, have largely increased the amount Of
thei. supplies, TnneveTy and Dharwar especial
". In Tinnevelly the staple has been improved
By attention to the selection Of the native seed,
and by the Introduction Of American and other
foreign varieties.