Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1867-01-23
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OFFICE OF THE Daily APPEAL.l
MEMPHIS, January q, 1867, s pm.
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OFFICE OF THE Daily APPEAL.l
MEMPHIS, January q, 1867, s pm. J
weekly Review.
Business has been better during this
than the preceding week. Navigation
closing above has left our merchants
with but very light stocks. The Dare-
ness of the market is felt particularly
among those Of our houses dealing in
plantation supplies. Mess pork and
cured meats of all kinds are almost ex-
hausted, and our quotations for such
articles can only be relied upon for the
day. Holders Of what little there is on
hand can get almost any price they ask.
This state Of affairs will not last long.
for such Of our merchants as have stocks
frozen up in the Ohio have duplicated
their orders, and will receive the supplies
by rail. Corn is high, and will advance
until navigation is resumed. Oats and
bran have almost disappeared from mar
Ket, While there is on hand but a very
light stock of hay.
The dry goods market has been more
active during the week, and stocks are
being rapidly reduced. The tobacco and
liquor markets have been also active.
and stocks are getting low. The same
can be said Of the hardware market.
while in boots and shoes there is no
change to report. Stocks, as a general
thing, are low, although good assort-
ments can yet be found It is the aim Of
merchants to reduce their stocks at this
season Of the year, previous TO layiFE in
tueir spring supplies. Our business S1eu
have done so effectually
COTTON.-The market, which opened
heavily ut the beginning Of the week.
has been tOler20ly active throughout,
with large sales and prices better than
during the week preceding. We give
the state Of the market from day to day:
WEDNEsDAY-The market was duller
to-day than yesterday, aud has declined
fully lc on all grades. Middling sold at
SOC. Receipts for the day, 1906 bales
shipments, 1888 bales.
THURsDAY-There was q better feeling
in the market today than on Yesterday,
and prices were irmer. A few sales
took place, Of good lists, at Gle for mid
ding. Receipts for the day, 1910 bales:
shipments, 1923 bales
tRIDAY-rhe market was quite &C
tive during the day, and advanced in all
grades fully lc. Holders were anxious to
sell, and willing to meet the views Of
buyers. The latter certainly meant BUSH
ness to-day. Receipts to-day, 224S bales
shipments, 1l77 bales.
SATCRDAY-There was a better feeling
in the market to-day than yesterday.
Prices continued very firm at our quota
tons. Holders, in some instances, asked
&c more, but buyers were able to hll all
orders at from 81 to sc. Receipts, 1929
bales shipments, 100 bales.
MONDAY-The market did not show
any great degree of life to-day. Buyers
were shy and not disposed to invest.
The difficulty Of shipping was doubtless
the cause Of 50 much apathy. Our quo
tations Of Saturday we do not change,
but they were barely sustained Re
ceipts for the day, 564O bales ship
ments, 97S bales.
To DAY-The market continued de-
pressed, and shipping prospects not
bright. The inquiry was not active, and
prices were about &c below our yater-
quotations. Our New York dis
patches quote a decline in that market.
Receipts for the day we're 498 bales; ship
ments, 795 bales receipts for the week,
1881 bales shipments, G567 baleG IL
must be borne in mind that much d. this
exported cotton is frozen up in the river
above, and will o reach its destination
until the opening Of navigation. We
quote as follows /: