Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-11-30
TRADE.

Board is composed of able commercial
men, and represents great interests. 1t
rises above political and local sectional
claims, and passes recommendations or
enforces regulations for the good of all.
IL has the confidence of the bodies repre-
scented in it, and indeed is a necessity in,
as it is an O~Utgrowth of, the rising and
expanding business of the country.
Among the subjects to be reported on at
the coming meeting are the following: A
regular, uniform system and standard of
inspection for grain, flour and produce;
uniformity in the laws regarding the con-
veyance Of real estate in all the States;
uniformity in the practice relating to the
collection of debts at law in the United
States District Courts; the abandonment
of local licenses for trading; uniformity
of the rate of interest uniformity of the
laws relating to corporations; uniformity
of coinage in all nations. From several of
the Western Boards of Trade resolutions
are offered in regard TO the completion of
river Improvements; the erection of
bridges over navigable waters; the pro-
IN " ~ VI SthAAkoo vi a RHO NNtlA
freight and passenger tariff; the construc-
ton Of a double-track railway from the
West to the seaboard for freight only.
There are also resolutions in favor of a
Niagara ship-canal, the Virginia canal,
and the Northern Pacific Railroad. The
Boston Board of Trade ask for the resto-
ration Of the specie standard of value, and
i - nz14a-.-- 80 - y. IL e. -,
peal Of the law limiting the circulation Of
National Bank notes to $500, 600, 900. Ques-
tons of the revision of the tariff are also
raised, and salt and railroad iron are
especially named as subjects for legisla-
lion. These are the leading topics of dis
cussion at the coming meeting, and they
are sufficient to occupy the time of the
Convention for several days. The Rich
mond papers are elated with the prospect
Of having so many visitors, and they pro-
pose to extend a warm, old-fashioned
Virginia welcome to them, with all the
hospitality to match. We do not know
that our Chamber of Commerce will be
represented. Col. Robertson Topp, who
left for Washington on Saturday last,
will, however, probably be present, as he
was appointed g delegate, and if he can
possibly do 50, will attend the Conven-
ton.
Business for the week just closed has
not been active, though there has been a
steady iobbing demand for present wants,
through the medium Of orders. Country
merchants or planters have not visited
the city during the week. The vast tide
Of immigration flowing westward, and
the large number Of laborers hocking
south to work on our levees and railroads,
rave lent our streets an appearance Of
life and hustle which would lead the cas-
ual observer to think that trade was
brisk.
The Boot and Shoe trade, though not
quite so active as last month, is still salts
factory, and prices generally are firm.
Mems calf boots and Ladies' machine
sewed work Of all kinds are a little lower,
probably owing to the advanced stage Of
the seasons; but in all other kinds of wears
prices remain the same as at our last.
The Southern trade this year has been
much better than that of the West: The
Shoe Reporter says on this subject, in its
report Of the New York market: "The
large demand from the South, this year
the best paying section, which has pre-
vailed thus far throughout the South, has, |
however, given a better tone to the mar
ket thar has been found in those COM
mOdities with a more restricted Southern
trade, and, as goods rave been, in most
cases, sold close up to the production,
there is now a firm feeling among dealers
and manufacturers, as the usual decline
of trade at this season leaves them with
but narrow lines of stock. The wants of
consuners are nov generally met, but the
distribution of goods has been very gen
eral, and purchases have been so closely
limited that stock are not very large in
any section Of the country, which will
compel frequent visits from dealers and
orders upon the manufacturers for small
amounts Of goods up to late in the season.
or throughout the winter. The demand
from the West is now light, but there is a
moderate trade doing with the South, and
prime s~easonable goods meet with ready
sale, checked only by the stringency in
the money market"
A few years will effect a great change
in the export business of the prominent
Southern ports. The rivalry between
them for the export trade in cotton is
very active, but that city which is des-
tined in the course of a few years to out
strip all competition, Norfolk, cuts a sor-
~ Eurn - At HaraEarrf anFnnarad with hnr ri /
walls. The following exhibit Of domestic
exports for the fiscal year ended June 30,
1869, will be made in the forthcoming re-
port Of the Bureau of Statistics on com-
merce and navigation: Norfolk and
Portsmouth, Sl,S7l, 796; Richmond, sI.ss6,
as; Charleston, S742l, lSS; Mobile,
go. 81 SO: New Orleans, S75,l3l, 704:
Savannah, S2I, O57, Us. The returns of the
prominent Northern seapOrts are as fol-
lows: Baltimore, Sl3, SOY $50; Boston and
Charlestown, SI3, ll8,S27; New York, $751;
3s4,284; Philadelphia. Sl4,5S5,i73; San
Francisco will reach S27, 533,5lS. of sew
enty-six exporting points named, Norfolk
ranks as the fifteenth, Richmond as the
fourteenth. The exports Of Alexandria
and Petersburg amount eachto something
over S34, 900.
Before another decade, a great change
will have bec.l effected in the relations of
the Southern ports named. Norfolk will
then doubtless be q great domestic and
foreign trade center. Its destiny is to be
the great exporting city Of the South. In
fact, her exports now, via New York and
Baltimore, II they were credited TO her,
would make her probably the third ex-
porting city of the country.
DRY GOODS MARKET.
We make but few changes in our Dry
Goods report this week. Mourning prints
and one or two brands of colored are
down &c, but staples of all other descrip-
lions are firm. The wholesale demand is
not as large as was anticipated, and the
complaint is still urged that, in some sec
tions, country merchants have not met
their obligations promptly. This condi-
tion Of affairs is due, probably, more to
delinquency on the part of the planter
than the merchant. We regret to learn
that manv Of the former are holding back
their cotton, hoping to get better prices,
but they should remember that it is a
duty to first satisfy their creditors. This