Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-01-14


The general markets to-day were
only moderately active and prices are
hrm. Negotiations are pending for s
hltboat load Of meats now at The land
log, but wore not completed a. noon.
I Holders of meats are very hrm, but
prices are not as good IS At the packing
points. We learn that 6 consignment If
Bulk Sides. costing TO- ia C~tneinosti,
I were offered, but the conslgoee could
not make the freight. The demand is
very light for meats Of all kinds, and no
response to the advance in other markets
is noticeable. a st. Louis circular of
the 9Th says:
This has beer the most excited week
Of the season, whether We take the ope.
rsti0ns at Il own place, .. Cincinnati
or AZ Chicago rs = basis, and 20 strong,
in point of fact, has been The spirit o
specul ttion that aimO.t every market of
any Importance has yielded 70 It's "a du-
eBce. New York, Philadelphia, BAtti-
more and New Orleans stood OuC Ter d
few days, and refused 10 aeeredit the
legitimacy Of the demand by which
prices we're b-ing steadily carried up,
but eventually yielded 10 the pressure,
aud though keeping within the lines &c
more eXcItabls poIuts, have shO an that
they have appreciated the situation, and
sFs not without expectation OF having 10
pay pretty long prices, Rs The natural re
suit OF q ''shOrg crCp.b COtacidsnt With
the purchases for cur home markets, il
Is Understood that buyers for f-reign,
and particularly English account, have
been among the most liberal operators,
and IL is believed that Great Britain
must depend hugely upon this country
for hog products, irrespective OF prices,
anS that our home demand viii snOg =
material increase, the market l5 rapidly
falling into hands OF short crop theorists,
who are manipulating IL with q view 10
8 very considerable advance. AS YET We
have nothing specially reliable from the
country, although al most points the
packing is understood 70 ss closing,
whilst ut such large points IS Chicago,
Cincinnati aud 81. Louis there l. very
little doing, aud the few hogs arriving
show pretty c1uciusively that the supply
is not only small, hut that many Of those
likely to be driven 10 are so impsTfsCtly
fsttsd rs scarcely 10 be fitted for packing
purposes. On the upper Missouri river,
from Kansas City 20 COuUcI BluHs.
where there was expected 10 be & very
considerable increase, it Is reported that
only about II, 700 more hogs have been
cut this han last year, whist at almost
every other country point there is
3 falling off, winch, ST sCUle Of
them, Is very considerable. As
yet we see 10 reason TO change
the opinion, as expressed THE day week,
that the aggregate falling Of IN the
West would be some 100000, whist IN
he.Weigbu OF the HOgs tbers you'd be a
deficiency OF 2g3 per Taess facts,
OF themselves, without taking into con-
sideratiOn the comparative absence Oi
old provisions or attaching mucA iDpor-
tancs TO the Increased demsud, both for
eign and domestic, are sufficient 10 eZ-
cue speculation, aud II vss- Cf the con-
ceded short production Of lard. mess pork
and heavy sides 20 render t1em especial
fRvOTites with operators.
The Transactions IL mess pork have
been liberal on the spot, and conssdeTa-
bic In the country, D0tA Tor present ana
forward delivery. IBs principal sales
for country deiIveTies have been FZTG
p 50, and on tie spos SO 50929, but d
tue close there are iew ssiioEs under $50
the spot, or for delivery on the Open
iEg Of navigation. nj. y and otneT Uar-
pork have followed v5Ty closely after
mess, ana the advances AVE bSsu 90
frequent that II bias repeatedly Dsen an
hcuIt 10 keep pace with them. We
quote III. o rs 6B9Z9 Z. NJ 80 extra
prime Ell 5U,GZ2 Jumps S%SGE+.
The packing a. Juls place, as reported
by PACKERS, IL ~ 40 AZ siu5t IA 5As a.
q corresponding tine last year, anu 1885,
49, the year preceding.