Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1870-03-22
TRADE.

During the week just gone several
material changes have occurred in our
general markets. The weather also
has been variable. On Tuesday
morning last our citizens aWOke 10
find the streets and house tops white
with snow, ana strong winds blowing.
1t was really the most Wiptry day o.
the season, and the storm was general
throughout the WhOlecOUntry. SlOw
fell to the depth of many feet throug':
out the whole range Of Northern
States, and heavy gales prevailed, do
ing much damage in some sections.
The thermometer here fell So in a few
hours, going down to - above zero.
Meats are weaker and lower than
they were at the date of our last
weekly, and the tendency IS TO still
lower prices. Oats have advanced,
and corn, which has ranged from 81
on the levee to 81 05 in store, has
weakened to-day very materially I'M
der large receipts. Sugars aye also
weaker, and have declined I to &c on
all grades. Potatoes ar6 q drug in the
market, and several lots offered
az 81 per barrel, with only n or two
sales at the figure.
Tonnage n all the upper streams is
more abundant, or rather the rush Of
shipments is over, and rates o. freight
have declined. Cotton receipts are
falling of more rapidly than was an
ticipated, and the 100000 bale men
are beginning to weaken, while those
who were willing 70 cOncede 2,S5O,OO0
are not so sanguine that even their
figures viii be reached this season.
CLOTHING.
The demand for spring wear has set
in, and this branch of business also
bids fair to be active. Wholesale
dealers have anticipated 6 large de-
mand, and have laid in full stocks.
Plaid suits for spring appear to be the
fashion. Wooden goods are some low
er, but not so much so as goods of for
eign manufacture, which have de
clined fully . per cent. from last sea
sons prices. Country dealers Will
find in this market as extensive stocks
from which to select as at any point
this side Of the factories, and as it Is
the aim Of our houses to increase their
trade, better terms ear be secured
here than in any city in the South
west.
BOOTS AND SHOES.
Our dealers report considerable ac-
tivity during the past week, and they
are correspOndingly cheerful, Very
large stocks have already arrived,
and at no time within our reeOllec-
ton could the buyer find as varied
and complete asSOrtments as just at
this j~uncture. Prices are firm and un-
changed. The Shoe and Leather Re
porter quotes the New York market
moderately active, and says:
"There have been and are many
buyers in the market, but purchases
have been made generally in very
small lots, and at prices which were
not wholly satisfactory to either buy
ers or sellers. The latter can with
difficulty buy their goods now any
cheaper than last spring, but their
customers generally expect large re-
auctions. In serge goods and other
work made largely OF imported stock
there is some reduction, and IN other
lines prices are weak. The manutac-
turers are generally fully employed,
but are cautious about naming prices
on orders"
DRY GOODS.
In this branch OF business there has
been a decided improvement during
the week, so far only as the demand
goes, but prices are no better. A
large number Of country merchants
have been in town, and though they
bought sparingly, they have broken
the ice, and business will daily IN
crease. All Of our prominent houses
are still represented in the East, and
the many t'drives" in that market has
enabled them TO pick up bargains
which they can, and do sell here, at
less than the regular manufacturers
prices. OF the New York market an
exchange says:
ssTherea are plenty Of buyers in town,
all a~nxiously canvassing the proba-
bilities Of a more general decline,
/ some Of whom took advantage OF the
breaking down in price of some spe-
ciaIly, and bought largely, and thus
the business has been done by fits and
starts through the week. In brown
sheetings and shirtings the demand
! Is almost restricted TO the wants Of the
current trade. There has been asmall
| concession in the prices of some
makes. but the leading makes are
firmly held. In bleached goods there
Is but little doing for the lower grades,
while a fair, steady business is report
ed in favorite kinds. Printing cloths
have been reduced, in consequence of
the lower value Of the raw staple and