Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-02-27
COMMERCTAL.

OFFICE OF THE DAILY I
MEMPHIS, February %, 1867, s pm. J
eekIy Review.
The receipts of produce for the week
have been heavy, and prices have not
been steady, although the scarcity of
tonnage above and high rates of freisuJ
have conspired to keep the market
irmer than it otherwise would have
been. The immense quantities of gain
which has covered U landing since the
ON ing of navigation, all of which has
fout 2 a ready market, is not calculated
to impress q person with a fair idea of
the economy and intelligence Of
planters. Our people viii never be in
dependent while they look to the north
for their produce. We must make u
own corn, and every planter should
start out with the firm deter
minatiOn TO make it, otherwise the
into the packets OF the grain growers Of
other states. New stocks are being re-
ceived daily in dry goods and boots and
shoes. Some very handsome styles Of
dress goods are offered which are suita-
able for wear at this time, and VI houses
are doing a very fair business for the
season. Prices viii compare ~favOrably
with those OF New York, and OuT mer-
chants adhere to the old adage, that a
"nimble sixpence is better than a slow
shilliDg.n We look for an active trade
during the next week, as stocks are
closing out in many cases at sacrifices TO
make ready for the new accessions. The
hardware, agricultural implement, liquor
and tobacco trade has been very fair,
and is rapidly improving.
COTTON-The market has been very
duII throughout the week, and there is
L.E HeHana 49, ~ aAka .. .-aA.1 .E -
The sales by auction, which were to have
been inaugurated on change to-day, did
not come of, owing to the entire alb
sence of buyers. Receipts are falling OFF
rapidly. We give the feeling throughout
the week in u market
WEDNEsDAY-The market has been
unusually quiet since Monday, and
quotations are nominal. Receipts for
the day, 773 bales shipments, 1906
bales.
THURsDAY-The market remains lie
less, with no change to report. The
New York dispatches do not tend to in
spire buyers, who are not making offers
such as would indsee holders to uncover
their tables. Receipts for the day, 100
bales shipments, 1906 bales. Quota
tons are entirely nominal.
FRmAY-Dullness rules the market,
anu the suites are very lew. hOlueIS
hope for an advance, aud do not press
sales, while buyers are not at all anxious
to purchase even at the present rates.
Oar quotations are unchanged and nom
inal. Receipts for the day, 1920 bales
shipments, 67S bales.
SATURDAY-The market remains dull,
with no change in quotations. Receipts
are falling of, and holders are not dis
posed to sell at present rates.
MONDAY-The market@ened with a
better feeling this morning, but it was of
short duration, and few sales were made.
The dull and dropping state of the east
ern market, reported by telegraph toward
the close Of the day, caused an entire
suspension Of inquiries here, and the
market closed nominally, as it opened at
Is to pc for middling. Receipts for the
day, 1929 bales shipments, lone.
TO-DAY-HOlders are not anxious to
press sales, feeling confident that a a
ton will take place very soon. Trans
actions are confined to outside lots,
which are bought at very low figures.
Buyers want confidence, and purchase
only on wide margins from New York
quotations. Receipts for the day, GIL
bales shipments, 81 bales. Receipts
for the week, $500 bales f; shipments for
the same time, $3.50 bales. We lower
our quotations on all grades. promising,
however. that no fall lists could be
houOhf at the figures