Hmm. Interesting. My limited knowledge of folklore comes from reading the Foxfire books. Now that you mention magic, that's the one thing I never saw mentioned in the books. Numerous crafts from carved canes to gourd art to handmade flintlock rifles are covered, but I've not seen any mention of magic performances or travelling shows. I would hazard a guess that 'in those days' magic was less popular than grifting/swindles. Perhaps an old time swindling/medicine show would be appropos, if trite. Some prop magic could be added, particularly if it was custom made to reflect the venue of performance. An example of this is here: http://mywebpages.comcast.net/crosewl/
. Please note that I have no affiliation with that site/vendor, I just found them on the web (haven't ordered from them yet).
Keep in mind that my idea of folklore is almost exclusively Appalachian due to me getting it from the Foxfire books. In my younger years in Oregon, and in stories from my grandparents in California, the impression I'm left with is that there was little money to pay for entertainment, so the money would have had to have been dragged out of people by appealing to their baser instincts, or to their belief in the afterlife.