Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-08-20

General business upon the streets to-
day wss more than usually active, except
ia corn, which would seem to have lest
its claim upon the attention Of buyers.
1t has ruled our markets with 8 hand of
iron, but from hencef0rth will no more
he a source Of terror and uneasiness to
The planter. The corn monopoly Of the
north has ceased forever. There are
large quantities upon the landing. The
demand is light and becoming more so
daily Dsa ers offer prime yellow at 81,
aud white al 81 05 10 81 0S. Meal is
heavy aud abundant it is held at s. %
on the lBudfng. Oats are in moderate
.upply and demsnd-55 TO Coo are the
ruling rates on the levee. Hay is dull at
&2S for choice timothy, with q light sup
ply, but stilI Sufficient for all purposes.
Bran isdull, with several hundred sacks
upon toe landing and 10 store; selling at
SIS to Sl7 per ton. Potatoes in good stock
at 3 50 to IS per barrel. Onions are sold
Al SO 50 10 "A per barrel. Apples are dull
at 81 50 10 s. per barrel Choice
butter, 20 to PIE; common, Is to lSc.
Chickens, fair supply-young, 81 to
81 50; old, S. to s. 50. Coffee, rio, % to
27Ec. Eggs dull at II to lSc. Flour,
dull. fine, Sc 50 to 81; y, 50 to SO; Xxx,
SO 80 10 Sll XXX, So so to Sl3; fancy
brands, Sl3 80 to Sl4. Lardin t~ierces, I24
to I3c; kegs, II to142c. Mess pork, S26 to
S26 Is; mess beef, Sl6 so; clear sides Isl +;
to lie; shoulders, 49, to l4c canvassed
hams, Is to zoe sugar cured, q to DC.
salt, 50 % per Dbl Sugar, II to zoe for
crushed aud clarified II to lie for
brown. Western Reserve cheese, IA to
16c; factory, Ice. Whisky, common,
81 IS to g.
A Minnesota paper says it is safe to
estimate that there viii be raised in that
state this year twenty million bushels Of
wheat, which will be equal to as many
dollars. When Minnesota was first set
tied il was considered extremely doubtful
by the early pioneers if the soil was capa-
bic of producing wheat in any very large
quantities.
The Industrial prospects at the south
and the new labor system are subjects
now much discussed at the north. A
New York exchange in an editorial says ;
There are signs of gradually returning
prosperity at the south aside from the
abundance Of the harvest.
The general plenty only serves to
bring into strong relief the fact that the
great industry Of the unrepresented states
will in time readjust itself, in spite OF the
present exceptional condition Of political
affairs and the social upheavaI which
necessarily followed emancipation. The
south to-day has probably mortgaged a
smaller portion Of its corn or cotton crop
than it was accustomed to do in any one
season for thirty years before the war.
II has discounted less here in the north,
and far less abroad. It's mere financial
weakness has thus been to a certain ex-
tent a gain to It. The facilities for bOr-
rowing that used TO exist exist no longer.
Advances nave been sparingly made, be-
cause Of the general stagnatiOn Of trade;
because OF the conseryative-not TO say
/ dlstrustful-feeling OF capitalists, both
here and in Europe because Of the slow
progress made in the way of political
! restoration, and because Of a prevalent
doubt Of the efficacy of the measures
having restoration in view.
Buffalo has already handled nearly
sixty million bushels of grain in one
year, and estimating the results Of the
/ future by the past, the time is not far
distant when the grain trade at that
! point will be a hundred million bushels
annually. y movement Of sixty million
bushels of grain by rail, according to the
figuring of the Buffalo Commercial,
would require 1857 trains, Of twenty-five
cars each, equal to seventeen trains
daily, by each Of the two roads, during
the entire navigation season Of two hun
dred days, and yet the grain trade is
scarcely one-half the tonnage TO be
moved.