Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-08-09

$500 '~E- 49, -
do much injury to cotton Let us earnest
Is hope that our planters viii be spared
] the visitation of such a gagsa n disaster,
and make, at least, one good crop.
TRADE.
The weather, which, all along, has been
faEorable for the growing crops, sgddenly
turned cool this morning, but as the day
advanced it re-ained its old warmth and
gave promise of continued growing
weather. A light ram teli-n0t enough
To more than moisten the surface Of the
ground, but still enough to do some good,
and perhaps keep vegetables from burn
ing up until a more copious shower falls.
I Trade is moderately active and will inn
: prn-e hen~eforth. Ne-- MICH g that
/ now goes 10 the Interior is sold on orders,
as the pIanterAt this season finds enough
to do at home, and has not time TO visit
/ the city. The Importance Of the South
was pfopauly peger lett so generally as
during the past season. our crop Of cot
ton was the means Of ayeFting disaster ali
over the North, and 1t is no wonder that
Eastern merchants are disposed to guilt
waite a trade which they turned their backs.
unon during orr Ee-io1 s. stlat aseG and
priyation. Phe New York Express, speak
ing Of the prospects, says;
The probable addition TO the national
wealth bv the next cotton crop, and the
prospects Of the growing plant, are just
now the subject of much discussion in
I! c-,r -aT-,-l -lI-lA, 4F6 importation Gf
this eFeat 5taDIe u t~ha.euHntFV Al large.
| and It's prosperity are now universally
I admitted. i sayed rs from a large drain
Of specie d~uringthe hast fiscal year, and
the recuperatiOH Of the Southern states -
cOnse1uerne O. tae large prOaJs nom the
crop, brought the Southern" merchants
into the market for large purchases OF
goods, az atime when trade with the West
was very bad, and thatsectipH was behipa
IL {ts EaFHlsats - ear jopbea It cannot
K denied that the last eastQn crop thus
rescued u merchants non a disastrous
season. IN regard TO the growing crop,
the accounts from the South are generally
favorable, although some damsgo was
done hv rains and H5Gas in Teas, The
geuEtal Estimates Of the extent of the
crops some time since were ?, 100000 bales,
but latterly these figures have been re-
duced, and the inclination Is now towards
$4,000 49, 10y ~ AAAH nv
crop with any degree of accuracy, as the
plant may vet be damaged by rains,
worms or frost. There haze Lee. snA3G
.Ua qyzlatIuns rJr future delivery in
this market, aud at figures which show a
handsome profit to the planters on the
cost OF production.
These transactions are partly legitimate
and partly speculative, and seem gener-
ally to be based on a crop OF $4,000
bales. The business for delivery in tha
months II November. HeCellBer auduan-
uarv has aggregated fully $4,000 bales
within a space Of about two months. and
Che two eXtremities haVe been AJz and
27is, with the bulk Of the operations
lately a. about 25EG for Low Aiiddlings,
The parties buying this cation have sold
the gold against il to a considerable eX-
tent which likes the price Of the staple at
the start, Ihs progress OF the growing
crop wilt be watched with much interest
from this time forward. The South is en-
cOuraging emigration and constantly add
ing To its productive power. America is
fast drifting towards her old supremacy
in the cotton trade. The prejudices Of
the people are passing away, aVd tie
country = alakenlag 70 the fact that 20
encourage iu'every way the production Of
cotton, j. the suTest road to specie pay
meuts. The Southern States have raised
a large aInoUn Of grain this year., and if
the cotton, sugar and rice crops turn out
good, then further rapid progress viii ne
made IT. r5.EpsFatiOn frJnl tue deFas-
tating eHEcts Of Uar. This refrigeration
win be felt from one end Of the country %
the other, and no where viii the effect BE-
so marked as in the prosperity OF New
York city.
We make no change in our FRUIT quo
tatIons, The market l. steady at T5e to
81 90 per barrel, loose, for common to
shipping Apples. Pears and Peaches are
rather scarce for the season.
The stock of BITTER is ample and
prices irregular. We quote choice West
ern at D to SOC, though 40 packages We're
offered during the day at 26c.
In Provisions there is no change,
though some holders are frmer.
Mess Pork So % q 35 q. Prime
bless So 90 to 81 40. Rump S2a 90 to
% 50. Jowls 50 50 to q. Clear Bacon
Sides 1881 to Doc. Shoulders l5Jz TO Ice.
$. G.. Hams . 10 2jc. Breakfast Ba-
con 20 to 23c for Plain and Canvassed.
Lard in tierces % to Die; kegs - TO 2214e;
caddies Z21z 10 23c.
There is a steady demand for COFFEE
and prices are firm. Inferior to choice
Rio, 70 to 25c; Java, 50 to 3sc.
Except for local use, there is no de-
mand for POTATOES, or in fact any
kind of Produce. Potatoes are dull
at 81 30 to IS per barrel, loose. Onions
are abundant and dull; selling n 3 per
barrel from store.
CcRHMEAL is scarce. Fresh sells from
mills at q %, and from store s. 80 to 4 IS.
There is very little Kindred in market.
It is held at 81 - to 8 from store.
The supply Of Zoos, though not so
large, is ample. Selling at 1871 to l5o, as
to condition.
We note continued firmness in FLOUR,
with the inferior grades scarce. We
quote low supers 81 IS to 5 %; good super
So 80 t o 6 90; Y S. p to G IS; XXX 81 tos;
xxx and fancy family s. 90 to 10 90.
FEED is very much unsettled. Several
lots Of Corn are on leyee, with hOlders
asking SOC, but buyers offer 9Oc for ship
ment below. One lot Of nearly 400 sacks
was held firm at CSC, but probably sold for
something less, owing to the rain and a
disposition not 10 hold over Sunday. Oats
are still dull, though they are in a little
better demand than yesterday, owing to
receipts falling of. \ lot Of 100 sacks,
new, sold at zoe, but other lots were Of
fered at 5Sc, and a large lot would not
bring over IS to soc. Old are selling from
store at 20 10 75c. Bran is steady; 100 sacks
sold on levee at SIS. Hay on levee S27 to
SIS; from store 81 so per 100.
Very few HIDES are coming to market.
! Green, 9 to 9Izc; green salt, 10 to IO1lc;
dry salt, Il to IKE; dry flint, Die.
In LINE there is material change. Ala
bama. 81 to- q: Utica, 81 % toll so; Cape,
1 81 20 to ] so; Ohio river, 81 40 to l 60.
There is no change in SUGARS or Mo-
! LAssEs. The demand is steady. We
quote Louisiana l2z to 151zc; yellow
clarified 10 to l6IEc; white clarified I6h to
| ne; A, 1917 to lie; hards III to lsc.
There is a good supply Of POULTRY on
hand. Young chickens range from s. 50
to3 50. Old q to 4 50.