Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-01-06

DAILY REYIEW

The reelection Of Mayor johnson was re-
cetved in business circles with manifest re-
JOfciBgs. and 50 much time was occupied In
talking Oyer the good news that business In
many branches was neglected, merchants con-
stdering that they had made enough money In
one day by this election. Trade generally was
very moderate IN consequence. There was
some little movement in grain and produce,
and holders OF the latter were prepared to
meet local dealers, and we anticipate a lively
trade Tomorrow, as prices are becoming more
definitely settled An open river, with fair
navigation and prospects OF lower treights,
which AVE been cut down ten cents on the
barrel and five cents on the pound, each and
all together will have a tendency to lower
prices and create a freer disposition TO sell,
while receipts VIII be more liberal. There are
some articles however, that have advanced in
consequence OF the demand that has sprung
up on the opening Of the river. In st. Louis,
says the Times, without other cause for q
dull day on Change yesterday the excitement
vent any activity in trade, but as many ship
pers are yet awaiting lower freight rates for
large lots, and market prices seem fairly favor
able 70 such delay, the bulk OF operations Is
pering causes, have large increase. Corn was,
with somewhat lighter receipts, stronger in
East St. Louis on track for yellow and mixed,
dull on this side for these grades, but un-
changed for white and white mixed. There
are large orders on the market, but great diff
Guilty "a experienced In gettinS cars. Oats we're
again higher on both bulk and sacked, owing
mainly TO the Light supply. Hay was dull, but
unchanged Flour was more active and higher
WLlarAlAaAAN gA AANAAAA AAaAEna TX baleA II
large, however, and buyers are ct present slow
TO acknowledge any appreciation Sellers
have the advantage decidedly, and are not
anxious. Provisions were without change, the
tendency being rather 70 lower than higher
figures. Bacon sold at a shade lower rate,
owing g greater RlyBRtg Z, 81 Oh meat 1nsl,d ready y 10, ios
tone OF the market In all the markets Is unde-
cidsd. Lard was in better demand, but even
a. 80 ior prime steam-there was no rush OF
G~rain-There was a fair inquiry, but dealers
we're Indifferent, while holders showed but 1T
tie disposition % give way notwithstanding
receipts were liberal. Holders contend thai
the prices offered are relatively lower than
upper markets, and in corn they win store
before taking less than Coo; however, one
party sold 20 sacks new gunntes, white, at
Sc. Oats we're a shade nrmer, holders asking
5395ic for mixed. Receipts were hberal-equsl
10 the demand; choice black oats win be in
demand IA a few days for seed. In hay there
was q slight movement; IS bales Of prime sold
al l26 50. the demand was fair. Bran for two
days has been active; 800 sacks changed hands
At S25 50. and 100 saeks At 81.
Provisions-rhere was some disposition 20
stihEen upon meats this morning, though the
movement was not general, hence we continue
our quotations d tone OF the market other
only a moderate demand. The recent advance
above is the cause Of the stiffness and ten
dency TO advance here. Some SO casks Of bulk
shoulders and clear sides changed hands yes
former, and 54g5<e for the latter.
We quote; Mess pork, So; in bacon
scarce; clear nb Few in the market at
81, with but little demand. B~ulk-clear
sides, lake. shoulders, Ag6c; clear rtb,7q7Rc.
Rreakfasf bacon is quoted st l0El0xc. Sugar
cured hams. ISQlS1c. These quotations are
Shaded nom nrst hands on consignment.
Dressed hogs are in light supply with q good
demand: Memphis dressed, nc; country, 81
a6c. owing to condition. Dressed beef, 687c;
mutton. lOc and in demand Lard-tierce, ~
@s4e; kegs, e4@lg4e; eadaissi u<9Hzc; PAL,
Fiols- The position Of aOur Is unchanged.