Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1861-12-17
ON ,Ubunge--Bu-Ine.s News.

? On 'Chnngc-BusIness News.
There WAS a good attendance and a fair amount
ofbusiness on 'ChanSe Yesterday. The continued dil.
ness of -four somewhat ieceiyes the expectations Of many
holders During the last several days there has been
much speculation as to the probable amount Of Hour in
New Orleans the statement Of the New Orleans Price
Current ON the subject wiz be found below. There wis
doubtless be- a large Increase in the consumption Of corn
meal as a substitute for the high priced flour corn being
plentiful on very many plantations. Rye. which has
been high for many weeks, is declining Corn has be-
come scarce u This market. We hear that Col B1raud,
Ewing a. Eocab7nra., Ark, has prohibited tle removal Of
produce from that region it Is expected by many that
this viii decrease receipts from White river We hardy
expect b. to make much difference. The central govern
msut docs not favor this system Of internal blockade. and
unless the citizens Of the district referred 70 considers that
an eyiEoury exists that renders the blockade necessary in
a patriotic point Of view, it VIII probably not amount to
much We surrender our Change space this morning to
@ review of the N-w Orleans market.
The aggregate receipts Yesterday By railroads and
steamboats, We're: J75 sacks bran, 70 barrels apples. .
barrels alcohol 8 pieces bagying, ia sack and u barrels
beans, 90 kegs butter, 4 casks bacon, % bales cotton. 3q5
sacks corn. 1901 sacks cotton seed. 200 bushels coal. ls
sacks coffee, l3 sacks dried fruit, boxes and IL barrels
eggs ITO sacks and 6y4 barrels -four. 81 bales crnpfes
"a bales hay. l4 hides $50 head hogs, 10 uus iron and
steel % kegs and 10 barrels lard. u bundles Gather 30 I
bundles lead, ls,000 feet lumber, 2gs4 barrels mora,-a-.
lJ6 sacks oats, $50 boxes oranges - barrels Iusesd OBJ.
500 sacks and - barrr's potatoe-, go terces rice. 10 car.
rope, l65 L~os-hea5s sugar ] hogsb-ad tobacco. 60 KEGS
tar, 1895 sacks wheat . casks . boxes and 50 baskets
WINES
The sunday Nev Orleans Data reports the demand
for sugar sub,ided and with liberal receipts. prices De-
c-uedi 2d2i for common TO good common. 3a3s for fair
to fully fair. Molassls with liberal receipts and a more
moderate demand were easier. The sales Of Hour were /
confined to small lots the Price Current puts livestock
on haudiu New Orleans at 5000 barrels Rive sold at /
the reduced rates of SL75 per bu-heL
The weekly reviews Of the New Orleans papers have
the following:
There huz been more inquiry during the past week for
our leading staple for future delivery. lhst b. deliverable /
IN rare" weeks AFTER te blockade shall have been re-
LH"FeD on thr OASIS Oh and for middlug, cash down.. /
and several small negotiations ofthis character have baau
closed but operations for lots Oh the srot have been re-
-TtgEd ny me H3erc. supply Offering or buyers being
unable 90 and the kinds wanted The extreme rafes h
which foreign exchange has advanced, being considered
the prices ruling for future delivery leave am eytr4ariin-
sy margin iu favor OF the buyer and If factors were TO
meet the demand mU-r freely operations Of the Kind we
have referred 90 might no doubt De effected t5 \ ye-v
considerable amount Sugar and mllas.es have con
luUod u good requests az prices rather in favor Of rer-. /
particularly In -uguriu which there has been partial |
advance OF Sc. But little has been dome iu tobacco. al
tHoAgh 'ae ndncamrnts for buyers TO come forward have
been greatly Increased bv the course Of ryrHulg. zine /
TNlIi- IN western produce continue on Che most limited I
scale. Iheh Iour market has been extremely duh and
dropping and the sales have been mostly If "a rerqI
character Grain has been in more ample supply. but
meeting with a good demand prices ofcoru have uIyauc-
unuc TO retail slowly at previous rates.
Corrosive noticed in our last semi weekly review
sales for future delivery, of 0bales atSusl.c. for mid
Ning' since "lleh We nave hea1i of further transactions
to the extent OF 30 bales. including 100 YESTERDAY 9t
&c me ony sale reported from the supply offering
On the pot is 90 bales on Thursday ar easier pr .e- than
the ruling rate OF last week. when midIIn- sold at lie
There has been some inquiry for lots on the spot but tie
supply is extremely limited There have been n, rs-
ceipts since the lUrh instant. against $500 bale. lf1-frp
o corresponding period last wear. Exports roua-I+ay-
ing on hand a stock Of 1907 bales. aggfD.r .r- 90 s,T,a
time last year. The entire receipts reported since the
Dist August are I719 bales. against sIi670 same time
last year. There have beean0 exports, against JT 30 )
sCGAH-The receipts have been more liberal. but the /,
demand has continued fair, and holders have been eua-
b ed 90 establish a partial advance of &c. the sales com ]
PgHHs "a llisl Tor the week Of 100 hhds. We now quote
inferior a' y 70 2+gcr common TO good common az pa
70 2ar, fair to fully fair d tjl4 TO axe, prime to choice
az = 90 'c. Yellow clarified az to 64c. seconds at pig to
2Sc- and white clarified 8t5l4 70 &C. stOye7Iried com G
handing TO Toe. Weeks receipts Ig,032. Z
HOLAssE-Ihe supply has been more moderate. aud I.
meeting with q good demand prices have advanced me-
weeks sales comprise 1880 barrels, and 300 half bar
reIs. the market closing a. I7Ls to noe. for common and
good aut choice tcrmeutiug and 20 % pie. for prime
90 choice iu barrels, and 2Lz 20 BE. per gallon for fer
meutnE in half barrels. Weeks receipts. slIu barrels /
COFFEE-2JU bags RIO sold In the early part Of the
week at 6'cr and 900 since at 62lsc, probably for army
stores Stock in first hands, none, sgau7t 5sfOJ bags
last year.
FLyUR-The receipts have been more liberal and the
demand has been limited at dropping prices. The sales
Of the week comprise 1000 barrels at - TO SlaJ for line. .
sou Ir unbranded cl03 % $3.50 for sUperiue,
siLl2ls for low extra, and sll.5O TO SD per barrel for
good ana choice extra. Yesterday 800 barrels sold al
$3.50 for superhue and SlL5J 20 SD per barrel Tor good i
and choice extra. The market closed DIN and dropping
There Is no competition among sellers. and only a por-
$3.50 barrels.
CgEs-The receipts have been more liberal. but
meeting with a good demand prices have advanced.
Inc @Al's OF the week compreed 1850 sacks including
i"5 mixed VNAtr sacks 80 &C. 800 fancy white at 9u
100 yellow at gu, go at -, and the rest az ~ TO -5c per
Ju-heI for white and mixed, Weeks receipts, 1902
sacks
wHEir-The only sales reported since our Ias. re-
view srr a small lor OF red Yesterday at SL~T and 90 (
sacks choice do 90 s. Received this week. 10 seeks
RYE-A small lot so "a t S22l
BIcE-We notice small sales az Ga To- Cleo. Stock
on thr Isl Inst, 40 tercas against io0last wear.
SALI-Jdu sacks Liverpool coarse. az Algi-rs. sold 90
Hl.lon on "eane-'a! U g. Dealers supply their
customer, 90 SlOt 20 5000 for coarse, 81 % SlL5J for
fine and TO eo-51Per slgS Of two bushels for packing
OATS, BRAS AID HiT-Yo have heard Of no further
sales Of oats, excepting goo sacks on THURSDAY az SI2J
20 $50 The last reported were al SL4. The sales
of bran Include 2)l bags on Thursday 1t - per 100 lbs
Southern hay seIls at SD 70 so. according 70 condition
and quality The sales include $50 bales prairie grass
MIsCELLsNEoUs-There were sales Of cow peas
at SI.4O per bushel; baggiu- . to BE rope % To- 25c.
for machine. the stock was 1863 pieces bsgging and lJI2 s
coils rope against PA pieces and ILs52 coils this riur j.,
last y sari guuuy bags j5to 33c stock 1895 bales against
~t"f A"t . aA |"A N'~"e Pc NG f"N+A "
money. The Pi11yzse says The past week has been
marked by Increasing ease ia financial circles, and 60 sill =,
further advance I'm rates Of all dividend Puyi1g securities. q"
Money wa, very abundant throughout and capitalists y
appeared 20 Do quite anxious TO make safe and remuupr- ID
at ng Investments. The Crescent has the following The
indebtedness % lhe community % the banks D. being re-
ducrd from week 90 week, and is now greatly below that q
or las; year at this dms-Sy s~ls.fsIOOO now against
SE9-1vtu for the same time last ylar-a decrease of
S~i.J0JU)O. This great falling off, this actual decrease Of
paying up, should admoui-L all that q, with only mode d
rate legislation, the great and varied Itrresf-6uaucial, &
and -UGaH|-ara in 4 Strong T-ffID and -rH. "
iudubtabIe assurances that tho banking interest Is vror- I'D
thy of the most liberal indulgence ou the part Of the au- q
th0rites. We have no room nor space Co enter into d
review Of political economy, and have only TO say that 81
so far as the general. local, paper and money market il
offered there is no paper market the reduction in the N
rates Of interest is due TO thAvery great scarcity o. tan =.
gihle paper, suCh as may be turned iuto ready money In :
the course Cf a few minutes
The line Of deposst Of the banks show that there are ..
now nearly sAtUouD unemployed in our city. sppa-
renly SD, though the actual amount Of ide capital it
would not be safe TO place above SlO,OJOQUG How much n
Of this belongs 10 insurance companies and beneficiary mi.
associations and rich ulauierS. we cannot saw. The cen.
cral deposits o.. the banks to-day Were actually 5000
900 in excess OF above the corresponding date of last
year Il viii be observed shat the difference between 5
thirty per cent The machinery OF finance is very aI
tricatrlv understood by few II its followers and fl
d3votees IN the year lsl6-fOry-hve years ago
there were IN circulation two hundred millions Of m,
d0'lars in paper money. That was an immense amount III
for the time. The amount Of paper money en- ciuula.ua
issued by the banks IN the Confederate States all1lnl
Ohe returns i~astlyear, lS5O 30 zixtyf five millions uFd1l- ,
with ten-fold the baas 50 seaport it that n me
banks la the Union had IN lclS.
As for on ov,ris-ue ofpapsr m0~ev. there f. 20 pTob3- IL,
billy y 10, unless cur authorities should graz charter.
sctsu Of incorporation, based on bHies Of eGf"h and rrai
estate, the very worst kind Of banking. lat
co
River News and steambOa ausiness.
The river tell y inches dring the u hours
ending last evening Business o the landing was very 3D.
brisk yesterday. The weather"as superb, genial and
oulless.--.T Parallel, firm Columbus had 10 hogs 10
and some possJoes and vheri sne iet IN the evening for
O-l.sns Tba Trse Fletcher, from Columbu. vi
had 500 hogs l2 bsgs en- 10" bags Hour and hay and