Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1870-05-19
TRADE.

We alluded yesterday to the great de-
cline in freights from st. Louis to this
port. brought about by the opposition be-
tween the rival packet lines. Only a few
months ago 7jc was the rate on flour
now it is brought here at &c per bbl., and
other freights are in proportion. The
question arises, how long will this state
OF affairs last? We cannot reply, but that
frsights will soon be fixed at a low rate
and a steady one, we are certain. The
present rate is undoubtedly too low, and
no packet line can live at il; but we think
our merchants would be willing to pay
20 or pc per Dbl. the year round. The NJ.
J.. Wicks. Of the Merchants line, VIII, it
is said, remain in the trade, and Will here
after make the rates from st. Louis TO this
port. The other boat of the hne-the
Church-wiu lay up until it again be-
comes necessary to put her in the trade;
or. in other words, when freights are ad-
vanced beyond what they should be, she
will again jump in.
Business was light to-day in the general
markets, and prices firm, with no receipts
to speak of from above.
The Eeonoaaisl says of the Eastern dry
goods market:
In the dry goods market for the week
under review. there has been no feature
of more thai ordinary occurrence, and,
considering the advanced state OF the sea
son. the disagreeable weather which has
prevailed. and the lull which generally
attends the market preparatory to the
change from Springto Autumn materials,
the bnsiness for the week has been very
fair. Il has not been as good as the last,
nor was it 70 be expected, as the supply
of goods on the market, to warrant any
such show would speak but too plainly OF
an unhealthy state of trade; but the re-
1,srse being the case. there is much cause
for congratulation in the scarcity OF stocks
of AN STYLES OF goods for Simmer wear,
while for the Winter season there Is not
A. vet a show OF sufficient abundance Of
STYLES as to warrant operations beyond a
supply for immediate wants.
From the most careful canYassIng Of the
progress Of trade in the several central
points Of the country, all the reports con-
frm Ii often expressed remarks Of the
healthy condition OF business for the sea
son. and though tbemost careful scrutiny
has been given TO the selection OF stocks,
and purchases having been materially
Iessened thereby: this practice has had a
AEN0EENEN IL EAA0AENANA 49,
merchants generally, and to-day there ap-
pears a stronger feeling OF III
The ability of the general trade than has
baeu observable tor some time. For oW-
ing 10 the shrinkage on stocks, which the
larger number Of merchants hau 10 pe
subiected to, by the decline an the gold
premium. and the supposed lnconYen-
iencs of having 70 carry many Of their
dabtors. these were measures which many
supposed would result detrimental 70 q
large class. but the dry goods trade IS a
school Of such severity, where proper
application is given, the pupil Is thor-
oughIy fitted for any position 70 when he
NAV Be called where executive ablhtles
are TO be required; hence the condltlon OF
trade throughout the country was never
in a more healthy state; and, though We
confess that the profits Of the season will
he on the most limited scale, our mer-
chants, generally speaking, have proven
themselves masters Of the situation, and
despite ths annoying influence OF nation
al POLITICAL hucksterfng, are doubtless bet
ter prepared to 20 into the coming season
tina ever before.
ALE-sands' Ale, $40 50 per h%alt-barrel
Porter, Sll. Lager, per keg, $ %. Ale
per dozen, S3G3 % for quarts Sz(gZ % i0l
pints. Porter, do.
BEEswAx-Light demand. Selling al
23GZ5c.
LA1EhrE II AAAA anu AAAEA'
uIar. Good Western. 25G33c.
BEANs-Navy, s. SOFAS 90 per busbel
mixed white, 81 5Og2 %.
RRooMs \ BROoNCORE-BrOOms are
steady at s. O0045 DO per dQZ as TO quality
Broomeorn j. scarce and in demand a
s2gOa30O per ton, as 70 cure.
BAseISG Nominal. Heavy Ken
lucky, Z802Sc,
BUIIDERs' MISUNDERSTANDING &c
mept SSGS %; Rosendale "a 1904 70. Plas
terH 50G5. Hair, IN 40 10 bales ~ 1905
Fre brick t8G7. Building Brick IS pc
N. Ohio River Lime 81 50gl 70 per Dbl
Alabama 81 1902 90. Cape z Hurt
Alabama 81 20 per car load, or S5c pc
bushel in bulk.
CoRNEIEAL-The market is not wellsup
plied. and prices are somewhat irregular
kiln dried is selling Al - 5O95 %, o.
Ievee aud in store.
. CoFFEE-Firm; demand steady Rio
I8G23c; Java, lSigS0c. -
CoTroN YkREs-Ho. 400. 2191c; 5(
J8@l9e; 600. l79lso; 200, l4gl5c.
CHEEsE-Prices are irregular, with targ
stock. We quote from 159ISc for Fac
tory. Western Reserve and EnglisI
CoI,roN SEED AND MoTEs-COttOl
Seed on levee SI3 90, or Sl3 50 deliverei
At mills, buyer furnishing sacks. Mote
Ito &c per pound.
CANNED GooDs-COndensed milk, SAC
Il So Dsr case. Cove oysters, ] Id, 81
per doz.; 2 lbs, 81 20. Peaches, e 4oe
2 Is. Pears, g 80. Tomatoes, 81 50G
l 70. Cherries, 1903 Is. Pineapples, y
Strawberries, s. %. Brandy Peaches
81 SOFAS. Brandy Cherries, 81 5OG5 b
Pickles, half gal. per doz., s. so; quarts
59i pints, e 50. Tomato CstsuP, ~
O. Is. Peppersauce, 81 %.
kGGs-Weak at l79lSc, as to condition
FEED-There has been no receipts sind
our last, and the market is some hrme
Choice corn is scarce, and prime is sci
ing at ~ L 70 u liz, as 70 quantity an
quality. Oats are quiet at 67@Toc. Bra