Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-10-26
TRADE.

During three or tOur days OF the NetA
lust one by the weather was wet and
abominahle and business was almost at a
stand-still. II came upon US almost with
out warning, and all who Sopld do so re-
maincd indoors. We are again, ho~aEer
in the enjoyment of bright clear skies and
our streets are agsip crowded by busy
feet. The Fair, which openSI to-day, was
well attended, and has brought many
strangers to our city. For a full report OF
It's progress we mnst refer our readers to
anolher part Of this paper.
The general trade of Memphis is GER
tsinly very good, and prices on many
leading articles are firm. Meats and Bag
ging show material signs of weakness.
and will no doubt decline steadily for
some days to come. The bog-kiiiiRg ssas
son has already opened at some houses,
both at st. Louis and Chicago, and ice
packe4 meats will 10 longer be in de-
msnd. Much 81 yhls latter has found its
way South during the ummes TIE st,
Louis Journal Of Commerce says, on the
subject Of meats during the coming sea-
son:
The future Is Of vastly more importance
to farmers who have hogs, than tAe pres
ent, and duty requires that we make d
clear statement Of what we believe to be
c0rrRct as regards supply, demand and
prices tor the slaughter season which is
rapidly approaching, We have endeay-
ored to learn something Of the supply of
hogs that Will be offered at killing time.
"a - wa.a#rAaaa - 1900
are varied and difficult to keep up with,
and the most shrewd observer Is liable to
be deceived with his yes wide open, but
when we say that the hog crCp, as 1t is
termed by the professionals, will be on
siderabiv short of what il was last year,
and We do not think there is any chance
for US to be mistaken-tneFa are m
Gus reasons for believing that the supply
this year will be much shorter than last,
and that prices viii consequently be high,
and tbers is not one single sign which in
dictates ~ fHll 2 plumber as was slaugh-
tered in the winter Cf'6s and '69. In regard
10 prices, there's something Lestdps supply
that will affect the figures packers viii pay.
p~ork-dealers' ring can easily be formed,
foFtke control Of the market, and there
are good reasons for believing that an or
ganizatiou has beea attempted, and prob
ably effected, but IL Is haEdsy probable
that any ring that can be formed by t4ese
parties Will remain unbIoken t~wenty-four
hours after il becomes clear that the crop
will be short. The rapidly growing de-
mand, by consumers, for cured meats in
place Of barreied pork, has ran up the
price Of bacon to quite an ~eXtravagant
hgure, whilst pork in the barrel cannot be
sold At n price that will pay a profit to the
packers who bought hogs last scar at the
prices which ruled at the close on the sea
son. Especially in the South has the de-
mand for bacon increased, and for pork
fallen of. The negroes .pFef6r bacon to
uork. and always viii, and we may expect
ssoon to see barfeiea msat, to a very great
extent, ruled out Of the market in the
cotton country. These changes that are
taking place in regard 10 the character OF
the meat nsed by the labOrersin the cotton
states viii SCtk 20 the advantage Of the
country operators Whp engage in the
slaughtering business, aud eHap@e them 10
compete with the large houses al the great
packiag points, like st. Louis, Chicago
and CincinRstA
II will be two weeks yet before any OF
the new hog product wili reach 'h'S
market. Meantime, planters Will get
along with as little as possible, and our
merchants will let their stocks run down
10 low-water mark.
Heavy receipts Of cotton are anticipated
within the next few days. The wet weather
enabled planters to gin and get ready for
market very much that has been sccumu-
lating during the fne picking weather OF
the past two or three weeks, and the
effects will soon be seen IN the increased
receipts. Prices are about as low a. 1t Is
probable they will get, and many
good judges think tina no material
reaction will set in until after the new
year. Be this, however, as 1t may, there
Is money in raising cotton at 24c, and we
hope that no prospective ADVANCE will de-
ter our planters from sending In enough
to pay their debts. This should be, and
we are happy to learn is, the feeling Which
prevails In the country. Want OF labor
win no doubt cut the crop short, but With
Qaod weather from now to the holidays
we think that the coming crop will aggre-
gate ?, 2z5, 900 bales, while some set it one.
ousrter million bales higher.
ALE AND BERR-scotch Ale, pints, So &c
Q "a. Cincinnati Ale, in kegs, 50 to 6 Is
bais barrels. $40 so. Beer, half barrels
sll, where packages are returned, - on
BAeo1No-stocks are better and prices
weak. Light weight is not in demapd
We quote duh at 2Ie; 2@2hlb, 2S@2c
India, 2s@29c.
BRoOxs-The demand Is steady an
prices are weak. We quote common Il
good $4@ss per dozen at factory, with
discount of 25c per dozen In Is doEen lots
Broom CoRN-There is good demand
at SIS TO $50 per ton, with very little com
ing in.
BEANs-Navy g rs to s. per bushel.
BFFTER-Cboies is in active demand