Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1868-06-30
wholesale Market.


weeks to come. Wheat ia coming in
steadily, but so far there has not been
enough received to cause more than a
temporary relief to shippers. Prices are
weak and tending lower, as the crop ar
rives at maturity in the Northern States.
The dry weather, which has prevailed
throughout many sections of the South,
has seriously injured the corn and cotton
crops but it has done no material injury
to the wheat crop. Without the harvest
should turn wet, there is the most favor
able prospects in view for cereals all over
the North and West, as well as in
Europe. From Australia alone comes
the cry Of poor crops. The rust has de-
stroyed the wheat in that country. In
view of all these facts, an exchange
thinks that breadstuffs will rule remark
ably low in this country-in fact, the
supply bids fair to exceed the demand to
such an extent that a large surplus will
be the result wherewith to commence
the next season. England and France
have been large consumers of our grain,
but the prospect for the coming season
1 10 thAe thNJ VIII AOb 5GA0 10 ak OIuCtE
at sill, and it is a problem what we shall
do with he surplus of stock not needed
| for home consumption. 1t would not,
indeed, be surprising if wheat became a
drug in the market, and the quality of
| the yield bids fair to be of such fine order
as that We may reasonably look for
"choice extras u to sell at merely nOmi-
Exra An1Torg haa
While this bears hard upon our farmers,
| yet it will be most gratifying and cheer
ing to that portion of our population
composing the largest number Of inhab-
itants, who form the lsboFing olsss, and
to whom the question of bread is Of all
the most essential and most Important.
The dry goods market for the week
has been quiet. Blesehed and brown
domestics have advanced &c per yard
since our last, which is the only material
change we have to report. Stocks are
excellent for the season, and it is thought
in business circles that staple goods will
opea out for the fall at an advance over
present prices.
The boot and shoe trade has been very
fair during the week, aud stocks are
working down. Prices are firm and
tending upwards-in fact, bFogans have
advanced from five to ten cents per pair
during the week, and all orders now be-
ing filled cost more than when the stocks
now on haRd we're purchased. A steady
trade prevails with the interior. In Bos-
ton, prices are very firm, and, with the
present prospect in the leather market
are likely to rule higher rather than 9TH
erwiss iOg the next sixty days. Manu-
facturers are buying stock freely, in an
ticipation of further advance in prices,
and to enable them to fill without loss
orders already taken.
Receipts OF produce continue good
from the interior, while the demand for
corn, cats and hay is somewhat light
and prices are weak.
There is good shipping demand for po-
tatOes, onions, etc, and choice are firm
at our quotatiens,
The grocery market is without special
Interest, and prices are much the same
as last week.
Meats are quiet and lower, with only
IQOU6EHbo SIOUX dIU U6Ula0U. LAfu Is
duh rs kegs sold Oh the levee during the
day st 1S4c.
We have no change to report in the
stock market. The demand is local en-
tirely.
Our merchants are laying ia their sup
ply Of tagging for the coming season
but, as yet, it is not possible to say what
prices will range at. We think, how
ever, that it will be lower than last year
Wheat has been in good demand, bat |
is lower than last week. Sales have run
from 81 IS to 81, as to quality and clean
illness. There is not Importance enough |
attached to this latter by orr grain-grow-
era. Among the sales to-day we noted /
175 bushels No. 2 at 81 rs, and 8 small
lot Of No. at 81 O2s. We quote infe-
rior, 81 so to IS; No. 2, 81 70 to l IS;
No. /, 50 90. aA