Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-06-04
morrow friday evening promptly, wit

morrow friday evening, promptly, with
a view to a permanent organization.
The stock has all been taken in the
above enterprise, and it IS to be hoped
that every merchant interested in cheap
freights and consequent prosperity will
be in attendance at the meeting. The
question Of low freights is now agitating
all Of the Northern cities, and Memphis
must keep up or lose her prestige.
At Preston, England, affairs in the cot
ton trade remain unchanged-that is to
say, some masters will not resume work
until the markets improve, while others
are running their mills at various rates of
reduction, and none appear to be in want
of hands.
Paducah claiM to have sold 5000 hhds
| Of Tobacco this year-an excess of 700 hhds
over the entire sales of last year. She
thinks the receipts this season will reach
| 1900 hhds.
One Of the best illustrations of the prac-
Teal operation of the theories of the pro-
! t~ectionists is seen in the effect which the
present tariff has upon the shoe trade.
I 4 Jew wears aEo iAAC ~ hAA AAAhAAoSNhANA'
were able to compete with other countries
in the shoe trade for Cuba, Mexico, and
South America; but under the practical
operation Of the protection theories, the
cost Of every article which enters into the
manufacture Of shoes has increased to
such an extent hat they cannot be made
at prices at which they can be exported.
The result Is, that our shoe manufacturers
have almost entirely lost the foreign
trade in that article, and that the lynn
| factories are obliged to remain idle one
third of the year.
The Nashville Press u3d Times says of
the crops;
From every portion Ofthe State We have
the most cheering intelligence from the
growing crops The spring, for the most
part, wa very favorable for farming on
eratiOnS, n its opportunities were ener-
getically improved. An unusually large
area was put in cultivation, and the hus-
bandnen are vigorously applying the
tickling hoe and cleaning pillow. Their
activities and energies are proportional to
the gigantic scale of operations which
they laid ont at the beginning of the
planting season. In portions of the cotton
district the stand is not as good as usual,
but the vigorous and healthy growth of
the plant promises a supply of the def
cheney in the yield. The prospects for
maize, oats and barley could not be better.
From East Tennessee, the wheat prOdue-
ing section of the State, We have the most
gratifying rAOrts in regard to this crop.
1t is almost ready for the reapers, and the
yield can be counted with 4 good degree
of certainty. Whilst a much greater
breadth has been sOwn, the average yield
per acre will not fall far short, lift does
not equal that of 1857, the year famous |
throughout the whole country for its
bOuntiful harvest,
The attention of Memphis is de
rected to the following:
Editors Memphis Appeal:
Memphis, lin his reply to "Ph0nix"in
Tues hays paper. has altogether missed
the cbnplsint, The complaint was that
wholesale dealers-thOse who set up for
wholesale dealers-will retail to con-
sumers at wholesale prices. say this is
all wrong and an injury TO Memphis. 1t
is not only an injury to the city, for il
viii drive merchants to other cities where
equal trade is practiced, but it is an in
jury TO the retailer in the city, as well as
to the country merchants who buy in
Memphis, of what are advertised for
wholesale houses, to sell again. Let
" Memphis " 20 out among the merchants
in the interior, and he viii find whether
the merchants think the complaint silly. /
Merchants go North 10 New York n
other cities to bIA of wholesale dealers,
Think yOu " Memphis they would con-
fine themselves TO any locality where the
retail and wholesale are combined in one?
Merchants want to deal with exclusive
wholesale dealers. PHOENIX.