Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1872-05-28
MARKET.

General business has not been very
active during the past week; there have
been days on which q good deal Of NIL
ing orders has been done, but on the
whole there are signs of the business
season closing early this year; a neces-
sarv consequence of the reduced amount
of cotton that was raised this season. II
is a very common remark that "a small
crop brings as much money as a large
.one.u Admitting that to be true in in
stances, there is another important
truth 10 be admitted along with it-that
the money for a small crop does not CIR
culate widely in the community as that
that comes from q large One. A large
crop employs more labOrers, more mer-
chants, more draymen, more every
body else concerned in handling cotton.
The money received by most Of these
men calculates almost wholly in the
country where il IS eaTned-when 1t IS
accumulated in a comparative lew
hands. a larger portion Of it is spent
elsewhere. How and why il goes else
where we need not now discuss, the sub
ieet Il pretty generally understood A
large crop spreads more money among
the community generally, and therefore
Tie DeAltl LAAl AA6 N0AAAg 1DAA- -
well with a small erop-even though II
hiring the same amount Of money as a
large one-is not true. This phase OF
the case. however, in expression has to
he guarded. A large crop raised at the
expense Of buying all the hay, oats,
corn. and bacon elsewhere, may benefit
the western farmer, but Is an injury TO
our own people. Raise what is wanted
for family, iabOrers and stock then as
much cotton besides as 1t Is possible 10
do. Is a safe and good maxim. Produce
has not arrive this week IN large
amounts, but has generally been equal
- demands. Corn has been IN better
demand and the price has risen all the
wav ,<om Chicago 70 New orleans ana
stil further and important advances are
NEGLECTED. Last Monday 129i23e were
the highest rates, on Saturday corn soid
on the landing at 74ci the closing rates
to-day Of corn and othersa ARTICLES men,
tioned.in these remSfks, must De iooAeo
Tor in the table below. Oats were very
firm with an upward tendency at the
beginning ofthe week, but a weakening
in the upper markets checked uhat Ten
dency and quotations remain, as We
write, at the same figures as a week
ago. Bran loses activity as the
weather gets warmer and has
declined; SIS on the landing Is as
much as can be got for it. Hoy is hrm
and strong, there is no choice in the
market, the whole stock is limited and
prices are very firm. CoTnn8edl, owing
to the advance in corn, has advanced
also: we quoted it last week advanced
from So IS the previous Monday to
So IS, we now quote it 3 50 with sales
at 3 IS; the stock is small and in few
hands. the demand active. Flour We
quote as ON Monday last, rates un-
changed since then, upper grades very
firm. common altogether neglected.
Raater remains weak, very little good in
the market, that quality viii bring 269
2Tc. no choice to be had; prime, almost
the only quality offering, 25c. Eggs
were selling at from 10 70 l3c as the eX-
tremeg this day week, the stock has been
reduced and got into fewer hands since
then and sales on Saturday were at 100
lie. at the close of the market 1Sc was
offered for them. Chickens have been
lauiet at 8 rs when the coop was all
r oosters: 5G5 SO for average coops;
IS rs for eOOps all hens, of Which but few
have been Offered. For spring chickens
S996 according to size, the latter price
| for good pOulets. POtdtOeS are daily
losing favor, and 81 IS to 50 will cover
/ both landing and store sales. New Pota-
toes were lower on Saturday, selling al