Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-11-16
TRADE.

Business to day was fair ard stocks are
better. Bulk meats are seen at various
places along Front and Union streets,
sud the demand for them il growing.
We quote Clesr Sides at I79174c; Shout
ders, IS6l33s. Bacon is some weaker (;
sales were reported at 199l9Ac for Clear
Sides in lots, but by the cask sales are
made st 19}c. Corn Is very dull. Sew
ersl lots, amounting il the aggregate to
about 1000 sacks, shslled, are now on the
leVee, and holders offered TO sell 1t soc,
but dealers were not disposed 10 buy st
over 75o.
The New Orleans Commercial Bulletin
has the following on the subject CT &
river and marine shipping association.
It is a subject Of much importance 70
Memphis, and We give it entire:
The slSndc- uP9c the peace Of U city,
and the faciHties offered for shipping and
recsiving by r@i from the territory
which once belonged exclusively to New
Orleans, have rendered necessary 3 sys-
ten Of business proper 20 counterfeit 1t.
This implies that we must favor all
through trade. To those who may not
have read or remembered the argument
on this point, it may be repeated.
Through trade reduces the cost Of our
home trade out and il, by increasing the
tonnage and 50 reducing the rate Of
ocean and river freights. It has other
incidental advantages which are all
summed in the axiom that through
freights are better than no freights." II
we can cur a consignment to u city
let Us take it. If We cannot, the next
best thing we can do is to make that
through freight help to bring home con-
signments to u city. We have stated
the i~mpedimsnts to our through trade to
consist:
l. Charges Of insurance, way and port
charges and Custom House delays.
There is, however, another cause, which
relates to the navigation interests them
selves.
1t is a want Of connection between the
river sud sea.g0iDg craft. Let Us givean
example. A river barge OF teamer
brings a cargo of wheat or -four for for
eien or e0sstwise shipment. The -four
must be consigned to & warehouse.
There are about fifteen items of charge
on this -four, amounting in round num-
bsrs to at least twenty-five cents q bar
rel. The transfer is attended with more
or less delay, but the chief obstacle to the
trade consists in the want Of = proper IN
d~eTstGnding between the shipping inter
ests which conduct these exports. Sup
pose this cargo arrives when there Is very
little empty tonnage, IS must be always
the case during the cotton season. There
is s great temptation to the ocean ship
ping agent 10 raise the rates on the river
boat or barge. When this division Of
the through freight NJ 20 be made,
the ocean vessel gets the lsrger share,
snd tbs river vessel may even sustain 8
loss. We Laay here state that 3 river
steamboat recently brought down s lot
Of -four On 8 through bill OF iGGing TO
Boston. The coast vessel that took the
-four charged so much FOR the service that
the river steamboat which had signed
the bill, &C ualIy paid the ocssn steamer
Sl2 more than she received for bringing
the cargo from 81. Louis to New Orleans.
Thus the river steamboat paid twelve
dollars premium for the privilege Of car
ryipg that cargo.
Perhaps the shipping agent e~angratU-
lated his Owner5 when he reported the
contract, but when the news Of those
rates reached ST. Louis, it naturally had
q tendency to discourage further ship
msDts, and if the came agent shall have
occasion 70 apologize 10 his owners BE-
cause their vessels may De hereafter de-
tsiusd in port for want of freights, it will
be bat g natural consequence Of an III
wise policy. It is perfectly obvious thst
II tie river craft do not bring fTeigEts to
New OEleans, the ocean vessels cannot
carry il away. Ii j. equsiiy plain that
il the ocean vessels DO not bring freigDts
Of merchandise 20 Cur port, the river
craft must u back empty. Why, then,
these iptere-.s come together in
council? Let hem inquire whether Il
IS possible to constitute q business that
VIII 20 on eli the year instead Of beiCg
70 the cotton season, annually
becoming shorter, byredGct0a Of receipts
and by steam shipcep Z