Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-09-01
TRADE.
Review Of the Trade and Con merce
Of Memphis During 1853.
Growth and Increase in all Depart
ments During Twelve Months.
Grand and Cheering Results Of the
Labors of the Year.
Glorious PROSPECTS for the Year
l869-70.

Another year has paSsed-another com
merciaI year-the most prosperous, the
most certain in results that Memphis has
known since the memorable first year OF
the war. We have increased our banking
capital by over $500, 600; we have pro-
tected and put under contract the Selma
Railroad, and the Mississippi River Rail-
road; we have had q gand Commercial
Convention, leaving behind ii 8 quicken
ing impulse, fresher ideas, s%ffording as a
batter insight into our future and leaving
Us more hopeful Of q destiny worthy our
race and our central position IN the Mis-
sissippi Valley. We have organized a
barge line, have projected a Vicksburg
packet line, also a line to Evansville, Ind.
We have sustained, and with large profits,
the ST. Louis, the Cincinnati, the White
river, the Arkansas river, the st. Francis
river and Friar's Point Packet lines, be-
sides a regular line TO New Orleans dur
ing the cotton season. We have been
able 70 assist in putting the Little Rock
Railroad well on towards completion; are
reaping the benefits Of direct communi-
cation with ST. Louis by way of the Bel
mo0t and Iron Mountain Railroad can
announce the commencement Of
work on the Fort Smith Railroad;
also that the Memphis, Spring
field and Kansas City Railroad is
well received by the Missouri public, and
j. likely to be among our future highways
aad sources of wealth. We have Initiated
the great labor movement of the age, and
with a proper and fair construction Of the
law by Secretary Boutwell,, may reasOna-
ply expect to see thousands OF Chinese in
and about Memphis, engaged mall the
a q Of peace, by this time twelve moaths.
The immigration movement has received
8 fresh impetus by the labor OF Mr.. DOno-
hue and others, and our latest advices
from the North and West lead Us to an
1ieipate 4 very heavy Influx OF population
Before the close of Is69-'70.
Our sales during the year 1859 have
generally been a large increase upon those
OF the previous yesr. In cotton there has
been q falling of Of eco bales; yet We are
ahead Of Mobile by nearly 100000 bales.
Of Cotton seed, our Oil Mills consumed
this year $500 sacks, against only go
last: an increase that shows the growth
Of this new industry, N'hich in 1861 bid
lair and now bids fair 10 rival proportion
stely all others. Our Cattle Trade also
increased immensely. During the year
We received 2l.7S6 against 5494
tbs year previous. The number Of
sherp were also nearly 5000 over the pre-
yiODs years receipts. The Hogs received
we're largely In excess Of those for the pre-
year; the difference being as 1887
during 1859, TO $500 during IS67-s. This
large receipt Of hog flesh operated delete
riousiy upon the market for Mess Pork
and BaCsa-both reported at about tine
Of the previous year. In Dry
there has been a large increase over
the business ofls67-si also in Hats, Caps,
Boots and Shoes. Sales of imported Fur
have fallen below the previous
year: but this is more han made up form
the immense increase OF sales Of Agrieul-
Eural implements. A corresponding in
crease in sales of Hardware is a noticeable |
VI lAE car dASD ol supp lODACCOs I
Tar, Wheat, Whisky, white Lead, Wine
and Wagon stuff. OfLemons and Oranges
= e received As, 900 boxes more than hepre- |
Fious year; andof lime nearly double the
received in Is67-S. 5000 barrels |
Apples and IA, OOOPackages OfAIe morethan
were received in the year previous, indis
5ate an increasing fondness for fruit and
he Englishman's beverage. Taken alto /
Tether this review is most encouraging
encouraging as 10 everything else but
manufactures, to which we must turn our
if ever w are 20 compete sue
,essfuily with neighboring cities. We
must, in the largest sense, become self
Importing before we can be assured of
Ul, complete prosperity. With these
hurriedly written words Of intro
i~uction, we leave the reader to inform
liuseE more fully from what follows.