Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-12-20
COTTON STATEMENT.


The cotton tax IS . subject OF great interest 20
The whole country, and our Northern eI-
c6gngas ln many distances call Tor the repeal
OF tne lax upon the crop OF lSs as wei as lnaL
Of next yesr We, too, are Of the o2lnlon Lhst
there VIII be very lille raised IN Ise Inc New
York be0nomiSf ssys on this subject;
There ls no denying the fact that cotton cul-
~tivaliOu has ben an Improbable business IN
der the present tax system. but especially lstnlS
true Of this years crop, In consequence or the
violent dec inc in prices more recently We
mink 10 Congress were 20 act wisely they would
Immediately repeal the cotton tax, not OF next
years crop bEl OF this years also, and order al
Ihei- collectors 10 return hOms a. once. The
biI 20 rspesl the tax on cotton grown after
January. Isls, which passed the d use OF Rep
resentstivesl last week has misied our Northern
people not acquainted With the culture or the
crou. The fact Is, there is no cotton grown in
January or February, or any month TIL next
September that comes within the meaning OF
This law, aud, consequently, as is prospect We
IL may prove a nulliIy TO a great extent bow
does congress know that any cotton wiz be
rtlse1 next geare As doe not pay 70 Guilt
vate this staple al present, lLCaunOt b. expected
that the planters Of any o. the border ; ates
viii make much OF an attempt 10 enter into a
business that promises no safe return; and
hence. in sill probability. they viii torn their
attention to raising corn, wheat, tobacco or
The same paper says OF the dry goods mar
kef;
wo0leos continues dull, hut the winter has
pounced hsrcely upon rs every where, and
goods adapted 10 the severity OF the cold
blasI are gong more freely into consumption
81 low enough prices; prices, however, which
are aluUsI too irregular, in many instances 10
be s real guide in = stringent money market.
The Tall ia the price OF gold. with other lndica-
tlons in the meantime, betOkens however. a
more healthy state OF things, although we sJll
observe breaker ahead-
Washington. Bolivar and I~saquens are in a
more destitute condition than any other por-
ton OF the country. The planters generaIy
have utterly tailed IN their ceTn and cotton
crops. ana are unable 20 psy any price for labor
for The coming year. and that the poor negroes
- amnHnH IN AnWE nnwRmnnnu1 The coming
year for food and clothes, and in many in
5 stances they propose 10 work for food alone.
Business was quiet yesterday. Corn is not In
large supply. but IS not active At Sc on the
IzndiHE. Ear corn Is 10 fair local demand al
soc. Oats scar e and arm at sOSs2c. Bran, SIG
IS Hay, s2nEE. Ness PurE is scarce bot dull,
aud selling a So 75g4 per barrel Prime Mess,
S2la2l RUmp, SlgGD Clear sides, I544l6c.
snOulders.uSFgI27zc. Bulk sa~desl+gl4lSc Buik
bouldesI8 alike RibSides in bulEI8aI3Sc.
Breakfast Bacon, Eglsc- Plain Rams, lJGl6c
Pain Canvassed. ibSlIc, Plain Sugar Cured,
9las2c : c. Cauvassed ODD lSa20c. Cornmeal
inactive al s. 75G5 for flesh and kiludred
Navy beans. Sfas 3 India Bagging, 2i45c
Machine 2aAc; HAND; lsa1lc neesTsH. &c.
Choice Bulterin demand al aU94oc; good, Sog5sc;
cooking butter, A93lc. western Reserve
Cheese, l5Eal6e; E ~, lsElsc; Factory, l6E9
Tc CIDER per barrel, sil@Z candies, 1Sht
afl1-c. 4ava, Ea4c. ColO on, 0Ju-. Eggs in
demand and scare at 4aafec. Flour firm su-
uernue, S1as; y, - 50, Xxx, d 50; Y
and fancy brands, SIS seals. Mackere 40 ]
XII, 15d3- No ~ 59e2 %; Nos s. &.l2 So
q Use. s9bc. Gunnler new 1ies-ci second
hand l6Gl5c. New Lou siana Moissses, fOg5c
in barrels Ease in half barrels Dry niut
Hides. lsc Dry sat, lG9I7ci Green salt, 9GI0c;
green, Ease. Nails, s. 75G7 rates onions,
scarce s. 3aG Potatoes nEm a. 50 l5s4 . per
barrel sweet. 91cGSl per bushcL Powder s.
Der ker= half kegs, 81 3; q~uErUers, 3 p Shot,
81 ZaS 30 Der sack Chickensscarce At Sd5 50
psr doz. Turkeys. Sl8rO Iron ties, 6a9,.
Rope dun az gGJ5c Tor Machine; nodsmand for
band made BsrreI salt Is sosi &c Al A5Qas IS;
sack hrm ass 3s3 Sc; mat, 81 1902 .. rallov,
gc. soda 4alGc. Tar per dozen kegs, SH6 60.
Wool washed, Ga3Sc; l5G2c Tor inferior.
crushed and powdered, lsGlec. tohes, ls5sG
l-L-c. brown. l{al6s. TObsccO, fancy Work
natural leaf. 81 IUdI y bright pounds fancy, !
xlol .: medium. Slc8sl; common, 6od75c;
smoking. fine and fancy, Slai 500 common, Sa
sc. whisky - DUH Al 81 90 Tor commOn-
The stock market Is poorly supplied with
choice beef cattle, and prices are nrm at safe. ]
Iufe ior are dull and nominal. Live hogs are
also scarce. while dressed are more plentiful,
and sell al ll9l24c.