Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1870-02-22
TRADE.

TRADE
business during the week has been
fair, though tho bad weather OF the
la.t three or four days has caused
some falling off in the unmber Of Wis
itors usually arriving in our city at
this season of the year. The down.
ward tendency Of cotton has also af-
fected the general markets to a cOnsid-
erable extent. Prices are firm, and
on many things are some higher
than last week, owing to an advance
OF heights from above, and scarcity
OF tonnage in all the upper rivers.
Flour has advanced at 1T. LouIs To
81 per barrel, and pound freight5 TO
6Ue per 100 10 New Ofle aus, ana even
at these rates the steamers have all
they can carry. Large amounts OF
freight are lying aJ Cairo and points
above on the Ohio, as well as IN the
lends between this city and Cairo,
which can't find transportation. How
long this stale Of affairs viii last is, As
vet. uncertain. Stocks at this point
are generally small in the way Of
supplies, and the tirmneSs exhibited
is due to the fact above narrated.
The demand for corn Is steady, and
the supply is kept up by our local
Jackets, one Of which, making semi
weekly trips to New Madrid, brings
about 5000 sacks per week from
points in the bends. There IS still
much complaint rom our merchants
about the difficulty experienced in
shipping by rail 10 the interior.
The department of agriculture has
received returns for the month Of Jan
nary. which indicate a decrease in the
average of winter wheat in Illinois,
Indiana, Michigan, New York, New
England and the cotton belt. The
decrease in Illinois is six per cent, in
Michigan six, Indiana and New York
i've F"he area in California Is nearly
tbe same as laSs wear, and little differ
enc is reported from Ohio, Wiscon-
ain. Minnesota and Missouri. Kan
sas has increased her average very
largely, ald Arkansas, Kentucky and
West Virginia have also made a ma
teriaI increase. The average Of other
winter grains lis reduced signify.
REPORTS Of the condition OF winter
wheat are not generally favorable IN
the Ohio Valley. The REDUCTION De-
low an average appearance at this pc
riud of the wear ranges from SIX TO
twenty e cent. in Wisconsin, Min
Desoti. Kansas, Texas and California.
Avn average condition is indicated in
NEST of the remaining states. Inc
appearance OF the Pla4t Is compare
lively unpTOmislug. Tee pf0H2OlII-
ties at present are opposed 10 the pros
pect OF another year OF marked pro-
ductiveness. An increased average Of
barley Is reported from Kentucky,
Maine, Indiana, Wisconsin and Kan
sas. Its condition is little better than
that of wheat, throughout the Ohio
Valley and the Northwest. Tie re-
ductiOn is represented to be thirteen
Der cent. in Missouri, nine In Indiana,
eight IN Illinois, seven in Ohio, and
i've in Michigan.
The scarcity Of corn throughout the
South this season, and the high price
il is likely 10 attain CstCEe tle next
crop comes in, should be an argument
in iavOr of more attention beng paid
70 iLs production. On this subject the
Port Su1ith Herald truly says: THE
planting seasoG il near at hand. The
present scarcity ana consequent high
price Of corn, caused by The SN4t.
amount planted last season, and the
immense immigration to these parts,
Should admouish our farmers and
planters, 10 give some heed 10 corn
the coming year, and not to be biindly
led away 10y the WHits staple, though
the raising of cotton is good iaud4Eie
add profitable; but should not engrOss
our wuOle attention, to the absolute
neglect OF breaO aa1 meat. In laying
of your lands this season, EeSmit Us
10 offer q Word Of advice: first set apart
enough 10 raise corn sufficient for
own Use, auG 'Or the us8 of your
stock, and "a ,uEp Us 20 supply the de-
mauds OF the stranger who comes G %
settle here; let it be- known abroad
Inst the upcesSarIes Of lie are aDund-
snJ, and II such prices that q poor
mxu cau live, auG people will be IN
duced To come, and YOU vii ind It IN
the end fully rs prof able a. cOttoni
YOU will be benefited IN many ways,
your waste lands viii be Tiled up
v0uF surplus Will find a market, and
what Voc receive for your cotton VIII
moi he paid 0st ~ those away from
here for roHr supplies. Raise corn,
fattan your hogs, secure the Dread aHa
meat, and then raise cotton, and you
will lind yourselves on the road to
prosperity, much more directly, than
by raising all cotton, and sending to
another market for your something 10
aaf -