Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1870-07-26
TRADE.

Since our last weekly report there has
been considerable excitement in our gen
eral market. Prices then we're tending
upward, and holders were afraid almost
to set a price upon anything in the way Of
provisions, lest they should be taken at
their word. Matters 4 changed ma
terially, however, and prices are not only
lower, but the market is comparatively
weak. This Is particularly the case with
flour, which, on Tuesday or Wednesday
last had reached it's highest point, say 81
per barrel advance on prices of the week
before. 1t has declined IS to soc per barrel,
and is now not over soc higher than be-
fore the war news. Meats are steady but
are not so firm as early in the week,
though the stock is light and de-
mand is moderately active. Phil
lips, in his Cincinnati provision
circular, under date of the 22d, says:
"The market for provisions and bread
stuffs since the PRONUNCIATION of wal in
Europe, has been in a nerVOu n eX-
cited condition, and that without any JUS
tifable cause, except the advance in gold;
but to-day, in absence of wal news and a
decline in gold, the fever seems to have
subsided to a considerable extent. Cotton
has declined ID in England, which has
caused a decline in this country, leaving
the South in a poorer condition to buy
provisions han before, and from the
sA1Adl4 OANVA5 AAA1e ~ OAAA hAA1s WV
we might suppose that they were econO-
MIXING their consumption; besides the
foreign exports have not as yet increased,
nor are they likely to, until the contend
ing armies destroy a crop, either by tax
ing the producers from the ield, or other
wise. The speculative feeling which has
advanced the market, rules at home, and
is not caused by any extra demand from
Eastern or Southern points, N the mar
ket closes more quiet at prices a shade
easier tina those prevailing in the early
part of the week."
BOOTS AND SHOES.
The market is very quiet, the demand
being altogether to fill up brokan assort-
ments. Stocks are very good for the sea-
son. Already our prominent business
houses are represented in the East, max
ing their selections and giving orders for
their fall stocks. OF the Boston market the
/ Reporter y "The % and shoe mar
ket opened well about the middle of last
week, and has since become quite active.
The fall trade is now fairly inaugurated,
and the prospects are bright for a large
and active business. The principal cities
of the Union are well represented, and
buyers know the styles of goods, stock on
hand, etc. The latter is somewhat
limited, compared with that of
last year at this time, and
prices are hrmer. 1t is evident that
goods nave recently been at their lowest
point, and the prices OF material and Ia
Dor, together with the war news from
Europe, have a tendency to cause an 2d-
vance in prices. Western merchants have
commenced buying literally of heavy
goods-bOots being the chief article-but
Southern merchants are purchasing main
ly mems calf and kip boots, and wOmen's,
misses and ehildren's shoes, hiding their
time to encounter heavy boots and bro
gans. Generally a good feeling exists in
the market, and our merchants are cheer
fully attentive to their numerous custo-
mers."
DRY GOODS MARI Ell.
There are but few changes to note in
prices since our last. The uncertainty as
to future prices, should actual hostilities
commence on the other side of the water,
has caused a falling of in even the small
order demand usual at this season. NJ
the market is about as dull as it well can
be. In some goods prices are a little of.
We quote as follows: