Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-08-11
TRADE.

TRADE.
There was not the amount of stir upon
the streets to-day which is usual on Tues
DAYS. True it was a moderately active
day, and the aggregate shipments were
nearly If not quite up to those of pre-
ceeding days; but buyers were not pres
ent in person, and our thoroughfares
lacked the appearance Of activity, which
all would be glad to see at this season.
Stocks are coming in freely and we will
enter the fall trade with supplies such as
in amount) never was before seen in
Memphis. Iron ties are arriving in large
quantities, from New Orleans, while bag
ging of every grade Is in fair supply. On
this article the New Orleans Times says:
Hemp bagging has been used for many
years for covering cotton, but some years
ago the manufacturers, owing to the high
price Of hemp, d-eteriorated so much in
the manufacture of their goods, both in
weight and quality, that il was super
seeded by imported cloth made Ofiute, and
woven by the natives of India, so that
many millions of dollars have been sent
to India to pay for this cloth, that should
have been retained in Dun WI country.
To stop this drain and protect domestic
hemp bagging Congress increased the
duty on imported cloth to 30 per pound
gsld, But now a new article has been
brought into use which We believe will, in
a few years, supersede both the hemp and
India bagging. Flax has been extensively
grown for some for years back in the
Western States for j seed, the straw or
fibre being sold for paper stock. The first
use il was put to other than that, was to
make baling rope. Since iron ties have
superseded one those factories, With egn5
siderable additions, have been turned into
fax bagging factories; and il is from these
factories, some as far east as near the
Pennsylvania line, comes the beautiful
bagRiug we see constantly hauled through
our streets, and going by rail and steamer
into the interior to cOver the growing cot
ton crop. This bagging, we are told, is
strong and stands the cotton hooks much
better than the imported India cloth, and
viii remedy to a great extent the s@o~
moss Fastagss, atehIassi SlS., So c5nstTnt-
~ camplaiaed of Blythe planters. We
are told that it proved profitable to those
engaged in its manufacture, and the nan
ufacuurers EpsaE ~cGpnqeatF ~ being
aple, IA the course Of a year or two, to
make enough to cover our whole ppttnn
crop, thus saving millions OF dollars 70
the country,
Another new and strong article of bag I
ging lately come into use, is made in New
York and Boston from iute butts or ends.
The upper part of the jute is made into
1ne rome etc Tie ONe epQ or QUITS
IRE impaired into this country and made
into a strong and heavy bagging much
priced by planters,
Fruit Of all kinds has about played
out. There is only a local demand. AP-
Plies, in small quantities, are selling at
zoe to 81 per barrel frsm wagons.
The demand for pUTTER is light and
stocks Of Western very fair. Choice held
at . to soc.
The PROVISION market is poorly sup |
piled and prices are very firm, Mess
Fork So to 81 50. Rrime Aiess $50 to
So. Rumps, SO 90 to % 50. Jowls So 80
to 3 90. Clear Sides are Arm at zoe.
Clear Rib I9lzc. Shoulders Ii to I6K.
5. c.. Hams % to 25c. Breakfast Ba-
esn q q 24c for Plain aud apEassea,
Lard in tierces 20 TO dc; kegs 2lk to 22kci |
eaddies 22l4 to 23c,
There is a steady demand for COFFEE
and prices are firm. Inferior to choice
Rio. Ig to DE; Java, 80 to $50.
The demand for PRODUCE is purely
local and prices are weak. Potatoes, by
the load, are n~ominany 81 to 80 per bar
rel. Onions 81 per barrel.
The MEAL market is bare, though the
demand IS not very large, sresa, -
mills, 81 p, and from store, s45O; kiln
dried - s. to ( . in lots.
In EeGs there is no change since yester-
dav Selling at I5c.
H -.-s- .- A,.-.....u. nail I
supplied and dealers are not SO trIn, We
quote low supers 81 % to 5 %; good super
s. 50 to 6 90; Y Sc p to 6 49, Xxx s. to a.,
XEE and fancy family IS so to 10 80.
The tendency of FEED is downward,
though probably both 4orn apd Cats have
touched bottom for the present. Corn is a
little steadier than yesterday and held at
s. to 9Oc on leyee, with a good speculative
DEMAND at s2Is to So. Oats are irregular.
New sold on levee to-day at 47c, and it
was worth no more from store in lots.
Bran, SIS on landing; $50 from store. Hay
$40 to 2s.
The HIDE market is quiet. We quote:
Green, 9 to 91zc; green salt, 10 to lOHc;
dry salt, Il to I75zc; dry flint, bic.
In LIME there is material change. Ala
harua, S2to 2'2t; Utl5a, 81 70 to 1 So cape,
81 &c to1 so; Ohio river, s. 20 to / 30. y
SUGARS and Mol ssEs are firm with
steady demand. We quote Louisiana I2H
to I5Izci yeIL.w clarified 10 to l6Hci white
clarified 1917 to lies A, 1914 to I7ci hards
~ to 1sc. =
There is a good supply of POULTRY on
hand. Young chickens range from g so
to 3 50. Old "a to 4 SO.
The demand for RICE is moderate
and stock ample. We quote Louisiana
and Carolina at 9 TO Toe per pound.
TAR in kegs s. 2 to I 70 per dozen.
III SAT- there mas been no mate
rial change. We quote: Large dairy
(seven bUshel b~arrels} 81 so to IS; small
dairy tive bushel barrels) s. SO to , IS;
large common tseveu bushel bbls.) So 80
to 3 SO; small eomnon(5 bushel hhls,l
s. 80 to- &c.
The TOBACCO market IS well supplied
and prices are firm, with a good demand
for common to medium plug.
WHEAT is in good demand for local
milling purposes. No. l white 81 IS to
l -; No. l red 81 30 to I IS; No. 2, 81 20
TO I q. Rejected, 75c to 81 10.
There is a fair local demand for REEF
CATTLE. Western are 4e,a Al : " So
gross Texas S25 tR ii per head. Sheep
scarce at g to 5per head. Hogs dun at
~ to Sc gross.
The stock of WHISKY was never better
- EIga -,.-gv- M la-,-.a = = q. --4,T /
way. Highwines 81 O5.
The demand for BAGeING is heccmiaE
aetbeE saa pi@es ars firm. We quote
hominally as follows; 6reenleaf, Is to
sBc; Heavy Flax a to 25e; Heavy Ken
lucky 25 to 26c; Todd's Light I9 To sgf. !
Tho dau,and far CoTrGN E4RSs Is light