Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-06-16
TO E ORLEANS.

| EOuuQ W
AcRreful comparison OF the abaEe will
show our merchants the weight they
must carry, and will prove very conclu-
stVely that we want a line of packets
from here to st. Louis that will bring
our supplies at as low rates as they can
be taken to other points from 400 to 500
miles below US. If il is urged that steam
ers can't take freights at lower figures,
then we can only ask why a it be done
elsewhere? why should we pay more
on freight than is paid to the boat which
has to run so much further at an expense
of from $500 to $1,000 per day ? If the
st. Louis packets can't afford to carry it,
ttRn let our merchants put a line of
barges between this city and st. Louis.
If some means are not resOTted to by
which the expense attending the trans
portation of supplies to Memphis can be
reduced, then we might as well close up
our business houses and let the grass
grow on our streets.
The Merchants Exchange Prices Cur
| rent of yesterday says: The growing
confidence in commercial circles, in view
of the promising condition of the erops
all over the country, noted in our last,
is now considerably shaken in cOnse-
| auence Of indications Of a damaging, if
not disastrous flood in the Mississippi,
and in the present almost deathIike
stiffness of trade, the prospects for the
future are again canvassed with consid-
cradle anxiety. The river, although
falling from st. Louis down, is
only four or five feet below late high
water mark at this point, and it is re-
ported that the June rise in the
Missouri is almost unprecedented.
The flood in Arkansas river
was greater than any since 1874,
and has caused immense destruction, but
1t is subsiding rapidly. Cotton has stiff
ened somewhat since our last, hut is i'll
active in consequence of the high views
of holders. Breadstuffs, etc, have SUI
fered a material decline and seem to have
not vet touched bottom. Other leading
articles OF merchandise have varied but
little and are generally dull. Merchants
4 are not endeavoring to do business except
upon a strictly cash basis, and tia great
pressure now is to keep quiet and cool
until the dull summer months are ended
and the crops harvested, 50 that the basis
OF trade for the fall may be determined.
Bankers continue to pursue their wonted
stringent policy, doing very little dis
counting and keeping as closely as pos
sihle 10 shore in all transactions.
APPLES-Very few on hand-de-
mand good. Selling at SO to So per Dbl.
BRAN-There is only a moderate sup
ply. Held firm at GAS to $50 per ton.
BUTTER-A large stock, with fair
demand for choice. Selling at p to DC.
Common is dull and selling at TO to l6c,
as to quality,
BEANS-Are scarce with moderate
demand. Navy held at IS % to s. 81 per
bushel.
CHEESE-Nearly out of market;
western reserve, II to l9ci English
dairy, 20 to 22c.
COFFEE-A fair stock and demand.
Rio, 20 to 273c; Lagusyra, 50 to 5sc ;
Java, AZ to 43c.
CORN-Receipts were heavy, being
$500 sacks in the past a hours. The
market is dull. Prime white 81 90 to
81 O9 mixed CSC.
CORNMEAL-There is a good supply
and market dull. Kilndried sells at s so
to IS Onlevee. From store sSRut 25e per
Dbl. higher.
EGGS-Fair receipts andS market
firm. Fresh packed, q to DC.
FLOUR-The MARKETS dull and prices,
declined. Common, s. to 50 superfinea
SO to S11; X, S11 so to Sl3; Xxx, So
to SIS; XXX and all fancy brands, SIG
to SIS.
HIDES-There is an active demand
for all kinds. Green. 8 to SC; green
sailed, 10 TO lie; dry flint, lSc.
HAY-A light demand, with heavy
stock of common, and little prime.
Selling on levee at S25 to 81 for latter,
and former at S23 to sd.
IRON TIES-rhe demand has
Held al IL to lie per ID.
LARD-Fair stock and moderate call.
Tierces, IS to 134c kegs, IA to l4le.
LIME-Not active, with a good sup
ply. Ohio, 81 40 to 81 so; Cape, s. 80
MO 0Es-The supply is not large,
ELL Ifair. Common, rs to soc
choice, ~ to 81; syrup, 81 to 81 50.
MACKEREL-There il sgood stock
on hand. Pfioes are steady at S23
to SD for No. !; $50 to SOB for No. 2 $50
for No. 3. Half barrels and kits in pro-
OILS-A good stock of all kinds on
hand. Coal, common, As to SIC; extra,
SO to SIC; lard, 81 . to 81 50; train,
81 to 81 25; linseed, 81 65 to 81 Isl
sperm, 81 IS to 81.
OATS-The receipts are light and
prices weak. W. quote on levee at 50
oNIONs-Good New Orleans are in
demand at S. 50 to Sc per Dbl.
PROFESSIONALISM is a good sup
NV on hand, and prices are firm. Mess
pork is selling at SOB so to S24; prime
mess, SO to SD so; clear sides, Is to134c;
clear rib, 123 to 12Se; shoulders
90 to I0c; canvassed hams IA to
I75c; breakfast bacon, 10 to l7o.
POULTRY-Chiekens are scarce and
in demand. Selling at s. to 81 pes doz.
POTATOES-No OLE in market. New
sell at SO to So so q bbl.
ROPE-A light stock with no de-
mand. Prices are steady. We quote for
machine made l24 to 13c; hand
made 10 to lie.
SUGAR-The receipts are, very fair,
and prices are firm. The stock
on hand is good. Crushed and powdered,
10 to 2Oc /; A coffee, l8c; B, lie G, lb3c.
SALT-Phere is a good stock on hand
and demand fair. Sacks, 3 70 to
81 SO; barrels, s. % to s. 50.
TOBACCO-There is q good demand
for all grades and prices are unchanged.
We quote natural leaf at 81 20 70 81 80
fancy Virginia, new work, 81 to
81 Is fine bright, pounds, 81 to 81 To-
medium de-, pounds, IS to S5c common
bright, pounds, so to 75c fine and fancy
smoking, 70 tO'Sl 50.
TAR-In kegs, So to 81 per doz.
WHISKY-The market is firm but
quiet. Common, 81 IS to 80 imitation
Bouruun,S225 toss Bourbon, s. Is to S..
--~o vs.sa-tuY