Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-08-27

The general markets were tOlerably
active to-day and prices remain about
stationary. Meats are tending down.
wards, and will no doubt fall at least TO
4c upon the first arrival from above.
Corn is firm at 81 20 for white and yell
low, with but 8 light stock and demand.
Meal is in fair supply and sold at S. %
to IS 50 on the levee. Oats are firm at
66 to T0c 10 new gunnies. A lot was Of
fered at Csc in old gunnies. hay is dull
and has declined to S24 for st. Louis
timothy prairie, $40. Bran, dull at SIS.
Potatoes are not plentiful selling at
So IS to 81 so. Onions, scarce 81 to s.,
Apples are in light supply and held
ct So to 81, as TO condition. Choice
butter, IS to 2sc; common, Is to zoe,
Chickens, are scarce young, q to
IS 50; old, 81 50 to s.. Coffee, rio, IS to
273c. Eggs scarce at % to 2+c. Flour,
duh. fine, So 50 to 81; Y, SO to SO; Xxx,
brands, S13 80 to SI4 Lardin tierces, -
to I34c; kegs, l44 to 15c. Mess pork, SIS 50
to S26; mess beef, SIC 50; clear sides, II
to I7Ic shoulders, 135 to l4c canvassed
hams, Is to zoe sugar cured, q to pc.
Salt, g 25 per Dbl. Sugar, II TO zoe for
crushed and clarified IA to lie for
brown. Western Reserve cheese, IA to
Ice; factory, IS to Ice. Whisky, COM
mon, 81 IS to &.
The regular animal meeting Of the
Chamber of Commerce took place to-day,
and was well attended. The proceedings
will be found in our local column.
The season is rapidly approaching
when the question Of the movement Of
the southern crops will be 8 subject Of
considerable Importance. In ordinary
times large advances are required for the
purpose, and planters were in the habit
Of obtaining advances on the maturing
crop. But this resource can now only be
available 70 q limited extent, owing to
the deficiency Of capital and credit, and
the general want OF currency in the south.
Among the many obstacles in the vey
OF rapid removal to market, we give q
few from the financial CtrOHiolef
First, there is the injudicious levy Of
the tax on cotton. The mere prepay
ment Of the tax imposes q heavy strain
upon the resources Of planters and job
bers. A sum Of from fifteen TO twenty
millions Of dollars is required to be paid
ia taxes before the staple can reach its
ultimate destination. Thst this tax in
the present PROSTATE Condition Of the
south operates as q serious check to the
AOA y 1nA H0N GAAEAE " NAE kAORH G6aA0N
be doubted. Then again the crop, &C.
cording to law, cannot be removed from
the respective collection districts without
prepayment Of the tax duly certified and
stamped on the bales by government
collectors,
Steamboat proprietors and railroad
companies and transportation agents are
prohibited from removing cotton out of
the district until the tax has been duly
paid, and until the cotton has been
stamped and marked. A bale of in
taxed, unstamped cotton, for example,
cannot reach Mobile from any district in
Georgia outside of that city. This Is q
very great hardship. The southern rev.
enue districts are remote and sparsely
settled, and in many places the light
draught steamers only ascend the rivers
once 3 year 10 carry away the crop. If
the cotton Is not ready for delivery
through failure or Inability to procure
the attendance of a government officer
to receive the tax and stamp the bales,
the chances Of a market are often in
definitely postponed.
This delay Is to be deprecated also In
view Of the changed labor system of the
south. The cotton crop has been to a
considerable extent raised on shares, the
freedmen and the planters receiving 4