Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-06-05

ANoo W rNe tAdhNAOAhElAH A@' many NNNAc
who sell both at retail and wholesale, and
who do make a difference between the
wholesale and retail buyer. That others
may not is no doubt true, but it is a mat
ter which cannot be remedied so far as we
can see. We can name at least a dozen
houses who do a retail business in con
nection with that ofdealing by wholesale,
and any business nan can learn by in
quiry that prices are as widely different in
the two departments rs they are between
an exclusive retail house and one which
sells to merchants only. In all cities
some prominent merchants carry on their
business with both departments in the
same house. This was the case with A.
T. Stewart & Co, Of New York, until
within the last few years:
Editors Memphis Appeal:
In reply to "Phonix's" inquiry
whether country merchants would con
ine themselves to any locality where the
retail and wholesale are combined in one ~
we beg to reply that it is alone for them
/ to decide. Our point is distinctly made,
viz: that there dTehouses in Memphis(and
they are as good, solvent and reliable as
any i'm the world who do nothing but a
strictly wholesale business, and that, too,
10 merchants only, and that If country
merchants choose, either through ignO-
rance or other causes, TO pass such houses
by and give the preference to houses that
retail goods 10 Consumers, the fault lies not
in Memphis but in country merchants.
If they will read the papers they can see
who sells at wholesale only, and can pat
ronize IF they want toy only that class of
merchants. Away, then with the COM
=. -, III -
consumers and dealers alike; and if you
wish to our a strictly wholesale
trade, patrOnize those who do only that
kind of business. They advertise in the
daily papers n can be known if mer-
chants in the country desire to encourage
them. a word to he wise, etc.
MEMPHIS.
We also publish a communication from
a leading merchant Of this city, which
bears us out in our Introductory remarks:
Editors Memphis Appeal:
Being interested in the question sprung
10y Phoenix, we beg leave to say a word.
We do a wholesale and retail business,
and wOuld suggest to Phmnix to ascertain
by personal inquiry If h leading Whole
sale and retail houses do not make a wide
difference i'm their wholesale and retail
prices. II is n complaint that those doing
both a wholesale and retail business
q" n prices to the injury of exclusive
wholesale houses. The reason is simple.
Doing both branches i'm the same house
enables them to sell cheaper, and, one
otheAmportant point, enables them 10
ascertain more exactly the wants of the
public than the exclusive iobber. Among
the leading houses Of this country, rs
wholesale and retail merchants, we would
cite 4. II. Stewart, Arnold Constable &
~. a-.1 - l. TALL. ~ Awlwl-. MILL
Lighter & Co. IwhO sell ten millions per
annumh of Chicago; and John Shilliter
Co, Of Cincinnati, who sell about as
much as any other two dry goods houses
Ofthat city; and we would add that by
looking around PhnniS would fud a
house doing both a wholesale and retail
business whose prices compete with the
best houses in the country. \. ~.
A meeting of the subscribers to the
Memphis and ST. Louis Transportation
Company was held al the office OF STRAIT
ton, Goyer 4 Co., at half past 3 G. clock To-
day. On motion, Col. sam. Mostly was
called 10 the chair, and A. 5. Cummins
appointed Secretary.
At the request Of the Chairman. Capt.
McManus explained the object of the
meeting, to-wit: To sl,cv tae present
condition OF, and complete tine subscrip-
lions to, o. capital Stock 6fthe company.
COL. Robinson offered a resolution that
the stQckholdei' present make up any
deficiency and at once complete the organ
ization.
An amendment was, however, offered to
have the Secretary cali the roll of sub
scrlbers, and let each one present answer
TO his name, with an additional subscrip-
ton, the result of which was an Increase
Of some six thousand dollars to the capt.
tai stock of the company, leaving a def
cheney Of al.Qpt tie same suIn vet 10 be
taken.
y motion was then made that Samuel
MOsby, VIM. VI. Harrington, c. B. Church
and Jno. T. S~tratton be appointed a com
mittee TO secure the remainder of the sub
scriptions necessary TO complete The capt
tai stock and effect an organization.
On motion Of ". b. Greenlaw, Esq,
Capt. J. G, McN1anus was added to the
committee,
II was further resolved that the commit
tee above named should have authority to
call a meeting OF the subscribers for the
purpose Of permanently organizing the
business ofthe company, so soOn as the
remainder Of Inc stock should he taken.
The meeting was entirely harmonious
throughout, and all present displayed a
zeal and determination 10 carry the COM
pany on 10 success, and establish as Q
A." fixed fact - the Memphis and st. Louis
Transportation Company.
Choice APPLES are scarce and in fair To-
cal demand at 50 10 II per Dbl.
There is hut a light demand for HEANs.
Navy . 50 to 2 % per husheli Mixed 80
toI 20.
In BUTTER prices are weak and irlegu-
lar. We quote choice at p to soc.
Meats are firmer and holders ask &c
higher. We quote Clear Sides Bacon
Is to 1870; shoulders lie. Mess Pork is
firm at $50 30 to SO o.. Prime Mess $40 to
30, $. c. Canvassed Hams 10 to 2lc. Lard
in tierces 1871 to zoe, keea DE; catdies '2t1
to Do g..
In COFFEE there Is no change. The
stock pa hand is ample and demand
steady. Ordinary to prime Rio 20 10 26c;
Java "a TO 35c.
There is not much demand for CoRN-
MEAL. Fresh on levee s. soto 3 60: Kiln
dried s. IS.
In DRIED FRUIrs we make no change.
Apples are firm at II 10 I2e; Peaches p
10 l3a.
The Roo market Is well supplied and
dun. We quote at 10 10 2Oc, as TO size OF
package. ..r
We note no change in FLOUR. Family
brands are in fair local demand. We
quote Low Superfine 5 90 TO s. .; X,
S IS 10 So 3; Xxx, G 20 TO s. 30; xxx and
fancy brands, 3 to ST.
There is put liu!d daing IN RRopucE.
New Potatoes s. per Dbl. Onions s. 50 to
6 90, Old Potatoes 81 to ? per hhl,
There is a moderate demapd fer FIRA,
and plioes are steady. Corn on levee soto