Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-07-15
TRADE.

This has beer another hot day-almOst
too much so to attend to ordinary out
door business. and trade was therefore not
active, so far a. appearances are c a
cerned. Our streets are nearly deserted
during the middle of the day, and a stran-
ger passing through our city about noon
would think that Memphis was as duh as
Louisville or ST. louis. There is conside-
rable complaint about prices il QVT MAJ
kvt, tne merchant claiming that nearly
all goods are sold at less than they can be
duplicated for, but small profits or actual
loss is not confined to this section. In
reference to this question the New York
Commercial List says: Merchants and
business men in nearly all departments of
trade report very slender margins on cur
rent transactions, and in some cases where
the sales are up to the full average, there
is absolutely no proht after paying cur
rent expenses. Competitor is so
sharp, and the future course OF
I money, gold and commercial values 50 IN
; certain, however, that business men pre-
fer to turn their stocks over frequently,
even at a small profit, rather than carry
them at a heavy cost, and run the risk OF
losses through shrinkage in the end. AS
o. the probable volume OF the fail tpade
opinions are quite diverse, and business
men are graduating their operations &c
cordinglv. Those who believe that the
crops furnish the true criterion of the con-
sumptive requirements Of THE country are
disposed 10 take a hopeful view, while
others, who think that popular economy,
distrust aaa prudential considerations
viii continue to sway the public mind, to
the prejudice Of business interests, are not
inclined to relax the cautious policy they
have so long observed. The movements
Of the currency and the condition of the
money market win naturally exercise a
powerful influence, for good or for evil,
upon the state OF trade during the next
I few months. All that car be positively
known as TO the shiftings Of the currency
is that it Is an element Of frequently re-
curing disturbance, which, during the
past season, and indeed for several sea
sons, has operated unfavorably to the in
terests of nearly all classes save stock and
gold spectators; and while it remains in
its present irredeemable form there would
seem to be no reasonable ground for eX-
pecting legitimate business, as a whole, to
realize better profits than have been real
lied during the first half of the year"
There is a shipping demand for choice
green APPLES, but prices are low, and
farmers do not bring much to market.
We quote at / to s. per bbl as to condition.
Peaches and Pears come in slowly, and
prices are irregular.
Choice Western BUTTER is in some de-
mand, and prices range from q to 3Oc as
to quality.
The market for PROVISIONS remains
| firm. and the demand is steady. Mes:
Pork is firm at 81 so per Dbl, Clear bacon
! sides lsN to 10; Shoulders, AA@l5, Coun.
try meats are about Hclower. Plain Sugar
Cured Hams, 19c; Sugar Cured
Canvassed, 2O@21c. Lard, in ~tierces, 49,
@2Oc; kegs, 2OK@2lc; caddies, 22@22hc
We have no change to note in COFFEE
The market is steady. Ordinary to prime
Rio 20 to Csc; Java S5 to 3sc,
Tia PRODUCE market Is largely sup
piled with all kinds Of garden truck