Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-07-20
TRADE.

The week Just closed has been the hot
test of the season, and in consequence
business has been light. The Labor Con
yeution was in session three days: the full
p~reoeedilgs vii Ee f3gng M'tins lssaae
and will pr0ye Of vital interest to every
planter. 1t will be seen that the matter
of cheap labor Is assuming practical shape
and at least a portion Of our next years
crop will be titled by these gentlemen
who wear a hoe handle at the back Of
their heads. Business during the week
has been rather dull, owing to the heat,
and prices remain very firm, while the
majority Of staple articles have Q decided
eppa.q teaqescy. IH1ly go2qs there IS
not much doing except to fiji up depleted
stocks in the interior, while our dealers
are well supplied and are selling at New
York quotations.
The demand for boots and shoes has
been active-in fact this branch of trade
has been dull al no time this season,
though dealers say that sales were heavier
this week than for some time back. New
stocks will come in about the middle Of
next month, hut it is probable they will
open at an advance on present rates,
which are very firm.
Il Recent Investigations AT New Orleans
and elsewhere, which have resulted in the
seizure of large quantities of sugar and
holding it off the market has caused an adj
FaincG in the Eastern sugar markets:
Though as yet oVr dealers have not put
up their figures, they will be compelled
TO do so however in a very short time, as
they cannot replace their stock at present
rates.
To a friend who has just returned from
a visit through several Southern States
and who has made the subject of crops the
object Of especial study, we received the
following in reference to that all i'm
pOrtanl matter:
Dear Appeal: Ny observation in the
various sections of the cotton growing
region which / have recently visited, en-
bracing Central andSouthern Mississippi,
Richmond and Tensas Parishes, Louisiana,
Central Alabama and the Arkansas and
White rivers in Arkansas, impressed me
with the belief that though there is a
greater area devoted to cotton. culture
this wear thai there was last, the yield
will not be so large. Ny principal reason
6or this eOnyictionis THAI large. numbers
of freedmen who were faithful and INDUS
triOuslabOrers last year, under competent
and intelligent direction, have this year
become " renters and are working upon
their own recount. I believe them to be
lacking i'm the intelligence n foresight
necessary toithe advantageous culture of
the heecy staple, their long experience in
the felds TO she contrary notwithstand-
ing. again, many 6f those who have
attempted cotton raising upon their own
account, have rushed into it with means
totally Inadequate to the acreage they are
attempting To work the great bulk ofthe
proceeds of their successful labor last
wear. has been invested in mules, ploWs
and various other implements, leaving
| them but a small. and as 1 think, insult
icient amount with which to purchase
corn and provisions necessary to carry
| them thrOughth season. FOrthese reasons
combined, l am induced to think that
much of the cotton being worked by
freedmen upon their own account, and
which now promises very fairly, will be
| abandoned or at least will yield but 3
small return per acre. Most of the cotton
I have seen though universally backward,
owing to the lateness of the season, is
looking well, and without the interYentioV
| Of my Of the Thousand Vinissitudes ia
| which it i liable, promises profitable re-
turns to the planter,
ANY speculations however, V upon
known laws and principles, are so alb
surdly premature that you would only
laugh at them and not thank me for the
merriment they gave rise TO. .
Drouth, too much rain, the MofIni u ~
early fall, al paay operate u~ntaVOrabiy
audit is possible we may have them all.
d. G. r.
FRUIT in slowly and prices are
too low to justify any care on the part o
the planter. Choice green Apples pc
barrel lo9se are din at I@si 59i %infer1oI
75c.
In BUTTER there is not much change
Choice is held at 25@3Oc. Common dull
and nominal,
There is a tendency to higher prices il
Provisions. Mess Pork "a 25G$94 50
Clear bacon sides 1sA@19; Shoulders
14XGI5. The stock of country bacon i
large. and selling at &c under above quo
tations. S. c.. Canvassed hams, 21@22c
Lard, in ~tierces, 1917 to 2Oc; kegs, 2lH@
The stock of COFFEE on hand is rathe
light. while the demand is very good
Ordinary to prime Rio 20 to 25e; Java
TO 3sc.
PRoDucR Of ali descriptions is u an
nominal. We quote new potatoes at 20
81 25p er barrel loose. Onions 81 pc
barrel. Sweet potatoes 81 5O@l % pc
bushel in retail way,
The demand for CoRSNEAt is rattle