Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-03-31
C0TEOF.


For the first time sisee Thursday last
we aye able to give Liverpool sdviees on
cotton. That market, at the opening
to-day, was active with Uplands 1910
I2id Orleans I2s@l29d. At I:2O p. N.
it was active, with UpIands 12t9I2sdi
Orleans 124@12sd, and closed active,
with ssles of 20, 900 bales Uplands 12sd;
Orleans 12sd.
The New York market, at the OPEN
ing, wss Sy firm, with holders asking
higher 4 % Low MiddIings Use; Up
lands - cd Niddlings SOC. At 1l:5O.
the den Fas fair and prices firm. Al
1880 I'd gmsnd was active at full
prices, A 4e higher. Al I.30 p. "a
holders asked an advance, and buyers
we're cauGous. Low Middling 2Sa28}c !;
Uplsnds 29@29lc; Good Middlings Boa
S04c. at 2:05 p. M. it was less active,
but prices were maintained, and closed
quiet but steady st last quotations.
Our market has been ectiFe-almost
excited-snd prices have advanced J to
4e, although the sales, it will be seen,
were made a~tirregular rates. 0ne buyer
took about 500 bales, another about 400
for Liverpool direct, and in all probably
1000 bales were sold. Among the sales
were 70 bales Low Ordinary, ST 23I2
and % bales at the same; 70 Ordiasry
23le; 81 DO at 25lc 10 at 25e 50 1t 25c;
l6 at 241c "a a. 25fc IS Good Ordinary
at 253e 200 at 252c SO at 25se; Is at 26c
81 at 26tci $50 shy Low MtddliDgs 81
263c s. Low MiddliRgs 26Ic 40 at 26Be
7e4at 9sAt2af4, 81, 100, 81, y, I55
Low MiedIings at 26}c; 20 at 27c /; 2 ,I65,
at gig; 6s, 4, 81, 81, 50 Middlings at
57sc. IS st use; Is Strict Middlings at
81. Is and-6 Good MiddIings at 29ls.
II viii be seen that low grades are in
regular and hard to quote.
COTTON sTATEMENT.
CHANBER OF COMMERCE.,
AENPHGs, March 80, 1863
stock on hand sept /, Is6s-- a
bessieSdi SS-S sfcn-fv 900 So os5 oe-
223O4
Exported previ0usiy-~-....-..--.lg S. 409 2Oa.A48
stock on hand at u m 22.51
Receipts were per NJ. & C. R. R. "a;
bales; NJ. & I. r. R.; NJ. & 0. /. r. I
PIG; 81. & L. r. r. R.; Steamers PSI: F.
:. Exports were per Nj. d @. !
R. r. 47S; NJ. & o. R. r. I6; south by
he NJ. 7. R. r. -; Steamers I545 :
Decrease of stock on hand 1910 bales.
hipmeBts South 1900 bales. {
The culture Of cotton Is largely on the J
ia China. A Consular reporti
ately forwarded to the Foreign Office Of I
Great Britain states that in twenty. three
nagistesisl districts In the northern per
ion Of the ProviGee Of Kiaagtse about
$50, 600 square acres Of land are cult ]
vsted. or these SDous . quarter are sub 6
merged every summer from the rise Of !
he Yang-tszs-kiang, ab3ut a quarter il J
irrigated land, a quarter rough mountain \
ides and hills, and the remaining quar- q
er Is garden land, incapable Of growing /
ice, and Of this about tgo.ffths and oil ?
he rough land and irrigated land one e
18th, are devoted to cotton cultivation '
ach autumn. Toe farmer preserves :
his crop sufficient seed for the fol- :
owing autumn. Between the cropping q
nd the planting the land is under til 1
'ge. The cotton plant to q casual OBJ 4
eryer, it is said, looks thia and stunted, g
nd to q person who has seen it growing :
. the United States the yield seems :
mall, and miserably poor but the cult q
alton, except in very bsd years, a
btsins on ordinary good ground from c.
BOO pounds to 1850 pounds per acre. q
II. Consul Medhurst states that in u
.hsughae there were As, 1000 acres planted y
18th cotton; but adds that complaints =
ave been made Of late by the cultiva. e.
re that the Chinese local odlc ais show
3 iBclinstion TO tax the growth Of cotton q
here the produce is sold for q foreign 70
Iarket, and Ia n particular Instance As ~
iOch as $40 cash per Pical has been y,
taken upon every lot taken IN -
r purchase to foreigners ia the Hauge- OF
DIV and Hsi-mea districts, on the north y,
bank Of the Yang Eszs. This, Of or
'urse, is contrary to the flemish treaty. is
the Gaze has been represented to her a.
ajesty's Ministry at Pekin. Sir Ruth
ford Alcock has, therefore, the oppor- N
Sity OF testing the merits Of the new v,
2tion with China, and tie PROMPT. fRl
Re Chinese Government 10 re- q
edevances. It would be in
70 RRow, before tho Burlin- s s
ION iesTS Europe, what is the -
ne appeal 10 the Celestial En- :
, nos TRADE.
s,sy, usually a busy S:a in ouF In
1g to the large uuaaber sesloea
in port, was not 50 active Is Il A.
haYe been. 1t IL frna b