Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-01-22
TRADE.

The provision market to-day mani
tested a very great degree OF frmness,
and the demand for meats esDecially
Wa quite sctive. When it is considered
that we are now between the seasons,
the Fall trade Is over, and the Spring
trade not yet set iR-business must be
hooked upon as very good indeed. As
o as our planters begin to make their
preparations for this years crop an active
demand will spring up for agricultural
implements, such as has not been wit
messed since the spriBg Of '65 and '66.
Already our merchants are anticipating
this demand, and are laying in better
stocks than last year.
While statistics Of the sugar trade of
the United States for the past pear show
8 substantial increase, there Is q general
complaint that profits have been uu-
usually small. This fact, saws he Com
mercidt List, can only be accounted for
on the suppOsitiOn that the abnormal
state OF the finances is not conducive IN a
Tree distribution Of articles, even OF prime
necessity, except upon the basis OF sleu-
der margins. Distributors, as il we'll
Known, have s wholesome dread OF a
shrinkage in values, through some IN.
forseen action Of Congress, in connection
with taxation and the currency. and
thus their policy appears TO be not In
~overburden themselves with commodi. |
ties about which there is any doubt az ~
the realization OF & moderate nro6t n,
drst cost. But, while this suspense i
to a steady trade, il does not
prevent periods Of spasmodic actiyitv. |
when, for instance, consumption treads
too closely upon the heels of supnIv or
when some favorable Indication in resar-
ence to production, or other controlling
influences, is discerned.
The sugar markets of the world an.
pear TO have been in rather an anoma-
lous condition during the past year. The
production in all the great sources Of
supply, our Southern States exeenta5
has been above the average, and vet the
cost OF the article laid down here has
been somewhat higher, and we believe
the same remark holds good Of some 9TH
or consuming countries, though the Ion.
don Shipping Gazette claims that Wtba
pronts o realized by growers are too
to admit OF another outlay of can
ltal necessary for an additional develop
ment' OF the properties Of the caneu
q prices Of the article in the
United Kingdom may be so exception
ally low as to have a a. distressing effaot
upon most OF the sugar colonies the
average of values on this side Of the At
lAntic, during the past year, has SO far
exceeded that OF the preceding wear as
70 make up for any additional cost in the
shape OF higher freights, or other Incl.
oentai expenses, 80 that q lack Of profit
70 me West India producers must be as.
cftOe1 70 other causes, prominent amopS ,
Lay we not reasonably include
si po ~ On We estimate the produc- :
ion OF sugar throughout the world in
Guiding the Beet Root prodpcs ~ Enrona
q 1867, at 22s9,O 600 tons Of ? 24O nou1ds Z
Zach, Of which one-third is sat 49, :
Cubs, whose crop in 1865 is rer. o"n 70
% have been one-fourth largo ttu'eu
previous year. The natural infs-"na
drawn from so material an ineraSS 70
is, that values would deprecie,o \
'ut the fact lies in the opposite direction
v viii be seen by 3 glance st the follow,
AN. IN r..#H 1904.