Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-07-16
TRADE.

British India, which they thoash. mIght
ia some measure mitigate the distress now
! pIevailing. in the cotton manufacturing
districts in England. They gave the high
price of cotton as the sole cause Of the
present distress. The Duke Yves nat pre-.
pared, IN the present state 81 the India
finances, to accede to so important a
change. The average rate of duties is on
" five per cent. hut that low rate yields
oyer two and a half miuioHs sterling, He
told them that the Government had done
all they possibly could, by providing the
/ planters with the best cotton seed and
granting other facilities for raising large
cotton crops in India, TO favor this indus
try. He hoped, he said, that as soon as
the inland communication Of India, were
more perfect, the supply 4 lsFtaN fFom
tual snuatry Would lie ample, Let our
planters and cotton merchants make a
note Of this.
The following regulations As to the sale
of spirits forfeited to the United States,
under the provisions of Section 80 of the
act Of July 20, 1865, as amended ny thu
81 r .RTll u l7ls pa e pe4n Issued BY
commissioner Delano. We give it in full
for the benefit Of those interested:
By the provisions Of Section So, as alaea-
lei, aHy distilled spirits produced prior
to July ., lSGS, remaining in any bonded
warehouse after June 80, 1868, are declared
10 be forfeited to the United States, and
are to be sold or disposed of for the bene-
tit of the same, IN such manner as shall
be prescribed by the Commissioner of In
ternal Revenue under the direction of the
Secretary Of the Treasury. An spirits
! ,.,itUH age nat withdrawn hum warehouse
unon-tht payment OF tax prior t. July /,
1869, will be Immediately taken possession
of by the collector and an ac-
count of the anne be taken and for
warded to the office, stating h time
when they were w~arehOuSed, and tire
name 0f the owner, f 6u0au.
Ihe -vslie-tor Eil 'iIRnTedfately adyer-
tist the sdmefor&aie, giving not less than
ten DAYS notice of the time and place Of
such sale, by posting notices at his office,
and in two or more pUblif Flale- in his
distl5t. Ths COLLECTOR may, il in his judg-
Inent The public interests reqGirf, adjourn
such sale fpr a period not exceeding ten
days from the day HEel IN such notice,
and on the daY appointed shall sell said
spirits at auction To the highest bidder.
The collector will tle in his office a copy
of the notice of sale. and endorse thereon
a certificate Of the time when and places
where such notices were posted, and if
the spirits are contained in casks which
are but partially filled, he may 6l mp
eazss, .a a. % W2ks fAil. Earqels as
fsf a. possible.
Upon such sale the collector will issue
tax-paid stamps, covering the amount of
spirits in each cask, and cause the same
10 he attached 10 the casks, approprlating
as much of the proceeds of such sale as
may be necessary 10 pay for such stamps.
The collector viii he entitled to retain out
of the balance in his hands the amount
actually pai1 by him f-r tie starage or
transportation % sala spirits, Witha COM
mission of five per cent. ppOn the nlOpn
o fsuch sale, and the BALANCE viii be de-
posted with his other Collections and re-
turned to the assessor on form as,
The collector will make an immediate
report Of his action In each case 10 the
'"nn1~Slons of Internal tD.SYenue, stat
ing the amount received at such sale. the
value OF the stamps issued, the mounts
paIl " tEeia tpF storage CT '~trahsporta-
ton, and the amount retained Bv linn as
commissions, together with the balance
deposited and returned TO the assessor on
form IS. J.. w. DOUGLASS,
Acting Commissioner.
Approved: GEORGE :. Boutwell,,
Secretary of the Treasury.
Green APPLES of choice quality would
sell at 81 50 per barrel, loose, but inferior
are duh at 50c to s.. So-as .poH pears
sold to-day s. 80 per bushel.
Choice Country and Western BUTTER is
held al p to Soc, though an extra article
would probably go al 32c. Stock light.
We note no special activity in meats.
The demand is steady and altogether for
Hse. No speculative feeling perYading at
all. Mess Pork 3 = to S345 81. Clear bacon
sides ISL tol9; Shoulders, I4A@15. Coun-
try meats are about &c lower. Plain Sugar
Cured Hams, l9e; Sugar Cured
C~anvassed, 2D@2lc. Lard, in tierces, l9ll
@2Oa; kegs, ~ 92lc; caddies, z2@22He.
We have no change to note in COFFEE.
The market is steady. Ordinary to prime
Rio 20 TO 25c; lava 50 to 3sc.
PRoprcE of all descriptions is duh and
nominal. We auate rev potatoes at "a to
81 PEI barrel loose,
The tendency Of FEED is upward. Corn
is held on levee at 50 to 92c for choice
white. An offer Of SOC was refused on a
lot early In the day. Yellow is about 2c
less. 4 lot Of new Oats sold at soc, while
old is held at s2c. Bran p to S24. Hay
q to S2s for strictly choice. Alot Of prime
sold at S26.
The MEAL market is better. a lot Of
fresh sold on levee at q 10. The mills sell
at 81. Kilndried on levee 81 so; from store
475 to s.. Meal in ST. Louis is worth
81 - per bbl, in lots from mills.
The FLOUR market is firm with low
grades scarce and in demand. We quote
Low Super's 50; Good SupeI's s. 50;
X, 6 to So 50; Xxx, 6 70 to s.; xxx and
fancy brands Z 80 TO SO.
EGGs are dull at &c to Isc as to size Of
package and condition.
In HIDES there is no change. All kinds
are duh. Green &c; Salt 10; Dry Salt, 17ci
Dry Flint, zoe.
Cape and Alabama LINE held at 60 to
81 SO per barrel. Utica 81 70. Cement 2 %
to s..
We note no change in SUGAR and No
LAssEs. Louisiana yellow Sugars IL 10 l5c
New Orleans Y. C. l5k to Ice; New Or
leans w. C. 16H to lie; soft white 1914 TO
lie; hard white II to Ike. Molasses
range from 50 to 9Oc, as to quality.
POULTRY is in fair demand. Young
Chickens g 80 to 81 so; old s. to Sc.
In LIVE STOCK we have no change to
note. The only demands from Butchers.
Beeves range from 81 to re gross.
In SALT there is no change. Large
dairy (seven bushel b~arrels) 81 so;
mall dairy five bushel barrels) So so;
large common (seven bushel bbls,O 50 80
to 3 50i small common % bushel bhls,l
81 80 to 2 "a.
There is a good demand for TOBACCO.
and prices are steady.
WHEAT is in demand at the mills al
81 10 to 81 so per bushel, as to quality.
The Wureuy uaarbaf is sfaadv HiOb.