Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-06-15
TRADE.

The least Observant has not failed to no.
tice that the weather, so far, this season,
has been very remarkable. The middle
of June has arrived. and our hottest DAYS
would not be considered out of place i in
April or the early part of May. The cool
weather has materially injured the grow
ing crops, and should we have an early
frost, they will he cut short very serious
". It is yet,& However, too early to make
anything like ain ccurate calculation as
to the result Of this years labor, though
we are pleased to find that the planters
generally are hopeful,
Business, though falling OF as the sum
mer advances, does not decline as rapidly
as might reasonably be anticipated. The
high prices prevailing for every article OF
prime necessity since the season first
opened, has deferred every n from buy
ing more than just as their immediate
wants required. This system of purchas-
ing still continues, and as prices, instead
Of declining, are hardening daily. it may
be safe to predict a steady but rather a
light trade throughout the summer. In
the aggregate, however, wcthink that the
business done will prove very fair, and as
most of our dealers had good stocks to
commence with, upon which they get the
benefit Of the advance, we can't see that
they viii have much to complain Of. Ba-
con has gone up nearly 10 per pound since
our last weekly report, and as it contin-
ues to advance elsewhere. our dealers
prefer 10 sell in q small way 10 regular
customers, rather han in lots. Mess
Pork also has hardened, and is now at
least 81 higher than a week ago. Bulk
meats are entirely ont of market.
Tho dry goods market exhibits consid-
cradle activity for the season., and prices
are very firm. BIeached and unbleached
sheetings and shirtings are held = little
sitter han last week, but we can hardly
say hat they nave materially advanced,
though some houses are asking higher
rates. Stocks generally were large at the
opening of the season, and our merchants
are thereby enabled 10 sell at New York
prices and make money. The retail trade
keeps up well, and our Main street houses
are doing an excellent summer business.
For boots and shoes there is very little
diminution in the demand, though the
season is has far advanced. Our large
wholesale houses report business healthy,
with a good call for ladies' and gents
summer wear and prices firm. Indics-
tons point to higher prices when the fall
trade sets in. The material has steadily
advanced in value, while the combina-
tons among Eastern workmen are such
as to lead to an apprehension that they
viii advance their wages as soon as orders
come in for fall goods. In anticipation of
this. some of the New York manufac-
turers are already making up a few fall
styles, though their orders for summer
work are not yet completed.
The grocery market is moderately vel,
stocked, and we can name no single arti-
Gle that does not seem TO be imbued with
the feeling that il also must keep pace
with its surroundings and stiffen up, if il
does not really take a step forward. Flour
alone seems to lack a little of the yeast"
which has somehow gotten into other
kinds of food, and refuses to stir a peg.
This, however, may be attributed to the
fact that the coming crop OF cereals
throughout the North will be the heaviest
ever known, while the stock held over
from last year is still very large. 1t must
be remembered, too, that in a very short
time, new flour Will be in market. Our
Northern exchanges speak in glowing
terms of an abundance of bread, while
we Of the South viii have a much larger
crop Of wheat than last year. OF the
coming crop in England, a writer in alate
COPY Of the London Times saws that
although it is too early to form a precise
opinion about the wheat harvest, two
points may be regarded as tolerably GER
tsin-there cannot be an early harvest,
and the crop on the average cannot be a
great one. The writer believes that this
year will tend to confirm a prediction he
made several years ago, TO the effect that
wheat would never again be dear in Eng
land, and beef would never again be
cheap. He rests the former opinion ON
the abundant supplies of grain from
America and Russia.
Green APPLES, Of this years growth,
are coming in, and are to be seen upon
our fruit stands. They are small and not
very tempting in appearance, We quote
at 5 90 to "a 90 per barrel. Old APPLES
are scarce at $40 per barrel.
The BUTTER market Is dull. Choice
Country 20 to 25e; Choice Western %
to 30c.
MEATS are firm and tending upward.
Mess Pork is held at sss so; Prime Mess
80 90 to $50 so. Clear Bacon Sides 1897 to
ice; Shoulders Hk to 15e. Country