Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-06-29


tent usual with the season, but such a
movement and 50 universal a stagna-
ton, is a grevious disappointment. had
il not been so, we should not now have
nearly 100,00 0 barrels of flour and $780,
600 to LOCO, 900 bushels of grain in the
city unsold, with contracts for large
quantities that must pay the buyer a
less, mol would the more northern sec
lions be crowdiag i'm upon declining
markets, stocks not heretofore existing
as per report of supply. This, however,
is always the case where speculations
have induced buyers to endcavor for q
control of market, Just prev. s to a
new crop. Corn has been in nearly as
receipt as for the previous week,
and the tendency has been steadily
down. The demand from the East has
been very light and that from the South
very mucfT reduced, while-the arrival of
very considerable quantities of damp
injured grain has added new depres-
sion. This condition was not fully the
case on Thursday and Friday, when
there was an increased inquiry, butsince
then on all yellow or mixed grades the
call has been less than b esupply, stocks
have accumulated, and prices declined,
closing dull and about DC lower. White
has been in rather short supply,
yeti has suffered. Oats have, main
ly in consequence Of the Chicago 'cor-
ner' and the liberal receipts, been I'M
saleable without daily concessions.
Markets have declined everywhere; the
crops are reported fine from every
quarter and, assisted by the decline in
corn, no amount of effort could stay the
movement. Receipts of hay
have been large, especially of the poorer
grades, and this, with the presence Of
fine grass crops in nearly every section,
and consequent light demand, has pros
trated the market on all grades. Flour
has had fully as bloody a defeat as other
food articles. The new and excellent
crop in the South induces a won
derful diminution in orders, while the
East is filed up with -four sent on com
mission. These conditions with the
stocks held here have, of course,
directed prices downward, and created
a panic among holders Of all but
known brands ofgOOd wintergrades.L Low
and spring qualities have been almost
unsaleable, and these have assisted to
quotations daily, and created such
unsettled state that no seller is en-
abled to place a fixed pTiee on his stock.
believe we do not make any mis-
when we place the decline at
% from choice to low grades
since our last review, with an excessive
~ dull and irregular market at the close
all grades"
A Middle Tennessee exchange says:
''There wa never, perhaps, in Middle
and East Tennessee, a more abundant
crop II wheat than has been harvested
this season. The reports received here
daily with reference to the crop are most
promising. 1t is estimated that there
will be an average yield of thirty bush
els to the acre in East Tennessee, and
that the crop in Middle Tennessee will
turn out quite as well. One farmer in
Jefferson county, after having cut his
wheat, found the yield to be 374 bushels
to the acre and 81 pounds to the bushel.
In most of the counties Of West Ten
the yield is larger than for many
years past"
Quotations for feed are for Toand tots
on the landing unless otherwise expressed.
BACoN-Prces stronger; breakfast ba-
con 9A@10c elearsides, Sc; clear rib,
7s97Ec; shoulders 5396c. Plain hams
9910c. S~ugar-cured hams without can
vas, 11@1l4c; canvased, 129I3c for
brands Mess pork, $13 25@13 SO.
Sale of 8 casks sides at re.
BRAN-Nothing doing, nominally
SD 50@& on landing.
BEANs-Navy in demand at S3@S so;
very caree
BUILDERS MATERIALs-LOuisviIle
cement, per barrel, g 25@S %; plaster
Paris, 81 so; Rosendale, s. 6093 IS;
hair, safe per pound; ire-brick,
S. per 100; common brick, SIS per 1000,
BALING STUFFs-Hemp and fax, 3
pound, I74c; 24-pound, 1Sc; iron ties,
sc; bailiDg Irvine, lie.
BEEswAx-2S@30c per pound
BUFTER-Coming in too freely; no
received, for good 1S@22e.
CHICKENS-Young, active at g OO(G,
8 so; old, S4942 3.
CORN-Arrivals small; feeling weak;
nominally, 63c for yellow; Soc for white,
landing; in store, white, 6Sc, yellow,
Soc; sale on landing of 25 sacks at Csc.
SO sacks mixed at 63c, IL sacks white at
sc.
CoFFEE-Firm at the following quot
atoms: Rio, 23@26c; Java, 2S@30c;
24926c.
C~oTTONSEED, ETC.-Atmills wequote:
in demand at Sl2 per ton;
crude eottonseed oil, 45c per gal.
CHEEsE-New York factory, 15916c;
dairy, lSc.
CoRNMEAL-Sales on landing of so
barrels at s. 80, $50 barrels at 50 IS.
EGGs-Stronger, good and fresh at II
@I3e.
FIsH-White fish, IS 5O96 . half Dbl;
kits, 81 25; smoked herring, 35940c q
box; new maekerel 2 bbl-NO. L, S14;
half bills SOFAS; kits, 81 5091 so; No.
3, large bbls, Sl0G1G SO; half bbls, sec
s 50; kits, 81 I0GI 90
FLoUR-Super, 81 75@5 25; J, S. SOFA
g; XX, S. 5097; XXX s. 509S 25;
choice family, IS 50@9 so; fancy brands,
SO 25@l1. Rates irregular and droop-
ing.
GRoCERIEs7SOda, &c for keg, and Sc
for box. Louisiana sugar, open kettle,
961l3; yellow clarified, 11f@ll2; white,
l29G13c. Crushed and powdered, IA
Ollie. Carolina rice, prime at 81.
Starch, Hose per pound. Salt, 81 Ii
25. AL quotations Of sugar nomi-
nal, prices advanced but unsettled. Salt
is advancing; higher rates looked for.
HAY-Weak and lower, no demand
in store $2S930.
HARDwARE-Nails, S. IS; iron bar
SIC; cast steel, &c; castings, country
hollOw-ware, 54e; axes, ll@l5c,
MitchelPs do, 81 so, less discount.
HomNY-In firsthands $4G4 IS; kiln
dried, 81 50@4 70
LARD-Kegs, 1Oac; %tierce, 94@10c
pals, lie; country, in kegs, S2@9c.
LEMONs-Higher at IS.
LIME-Alabama, by carload, 81 81
SO per Dbl; Ohio, 81 Is.
MoLASsEs-Prime to choice planta-
ton, GOOSE; inferior, 40@50c; com
mon to prime sugar-house syrup, 45G
Soc; fancy, 7e9S0c-
OArs-LOwer; offering at 45e for two
large lots; sale of 1874 sacks at 44c.
Oms-Coal oil, 269Z7cp per gallon; lin
seed, raw, 81 05; boiled, 81 Is; lard oil
S5090c; train, 81 "a; West Virginia ID
bricating, 5O960c.
YEGETABLEs-New potatoes 81 25s
l 50, receipts light, small demand
onions, S494 50, cabbage, S.. A lot o
fine potatoes in open barrels offered a
s. per barrel
Memphis Cattle Market
Choice cattle 5954e, prime, 3@4c
good, ease. Cows and calves, S1SG2S
Shoats, sc; DO demand for hogs. Lambs
Sos 50.
MONETARY ANDPNANCLAL MATTER.