Memphis (TN) Appeal, “From New Orleans,” January 30, 1859

    Source citation
    “From New Orleans,” Memphis (TN) Appeal, January 30, 1859, p. 2: 3.
    Newspaper: Publication
    Memphis Daily Appeal
    Newspaper: Headline
    From New Orleans
    Newspaper: Page(s)
    2
    Newspaper: Column
    3
    Type
    Newspaper
    Date Certainty
    Exact
    Transcriber
    Don Sailer, Dickinson College
    Transcription date
    The following text is presented here in complete form, as it originally appeared in print. Spelling and typographical errors have been preserved as in the original.

    FROM NEW ORLEANS.

    NEW ORLEANS, January 21, 1859.

    EDITORS APPEAL: The news by the Europa, received here on Saturday, is reported to have had no effect on the cotton market. It is true that, for the better, it did not; but brokers demanded, after the receipt of it, a concession, particularly on the lower grades; and the opinion among [factors?] is, that for grades below middling there will be a reduction. For middlings and the better grades prices will probably be sustained – even running lists of middling will bring [114?] to [144c.?]; good middling, [illegible]. For our great Louisiana staple, sugar and molasses, there is heavy demand, with an upward tendency in prices; in fact, everything for sale here seems to be on the advance. A No. 1 field hands are selling here at from $1,500 to $1,700 each. Planters complain loudly of the high prices, but buy at last. This is a hard market to sell an unsound negro in; slaves not fully guaranteed bring here little or nothing, comparatively.

    MUSTANG, JR.

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