Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1870-07-18
FINANCIAL AND COMMERCIAL.
PUBLIC LEDGER 0FrIcE, /
MEMPHIS, Tenn, July II. 1870. !
MONEY.

The financial market continues quiet,
without any noticeable change in local
stocks, bonds or securities. Government
securities opened irregular in New York,
with decline of &c throughout the list
Gold is somewhat excited, and is being
purchased in large lots by dealers here
at lc below New York rates. The open
ing quotations of the New York market
was ll6s, after which it rose rapidly to
l24t, at which rate it is quoted at this
writing. American securities in Lon
don opened to-day at the closing rates of
Saturday.
COTTON.
There is nothing doing in this market
to-day, excepting purchase of small
lots to fill orders. The sales this morn
ing were about 20 bales, comprising 3 of
ordinary at lie; of good ordinary at
l4lc; bales of repacked, averaging,
perhaps, low middling, at l53c, and a
few scattering sales of l and 2 bale lots
at about the prices above quoted. Hold
ers and buyers are out of the market for
anything like good lot, both awaiting
developments The New York market
opened very quiet at zoe for middling,
and the Liverpool market opened nomi-
nal at 9sd for uplands, and 9sd for or
leans,
TRADE.
The general trade Of the city continues
quiet with an advance in provisions and
breadstuffs. In some instances dealers
have withdrawn their stocks from the
market in anticipation of higher prices.
Grain and -four has advanced consider
ably in all Northern and Eastern mar
kets, and meats of all descriptions are
rising rapidly in consequence of the war
in Europe. Furtherreports from France
state that the few light showers that have
fallen throughout that. country will not
save the wheat crop, and that less than
half crop will be harvested. Should
this prove true, that country will be
large purchaser in the American mar
ket, and it is even said that agents from
that country are now buying in our prin-
cipal markets. There is very little doing
in dry goods or other similar branches of
trade. Prints continue to decline slowly
in New York; the prices of that market
are closely followed by several of our
leading houses. Boots and shoes con-
tinue firm and quiet. Groceries are
firmer and tending upward. We quote
the general market as follows:
BgTTSRzpsRtipues in fair demand; good. IS
to BE choice, IS to 2sc.
BAesISe-The market is quiet at 81 to &c for
BEaSs-chOice. 81 90 to 50 per bushel;
mixed, 81 3 to l so.
Corn MEAL-Quiet and unchanged; choice
kiln dried, S TO . in lots from store.
CHEEsE-Western Reserve, English and Fac
CoPTEE-in moderate demand. with steady
prices. Rio. 10 to pc; Java, g to SOC.
COTTON SEED-MOTkS-t0ttOn seed. al the
levee, sell at SIS %; notes, / to &c per n.
EGGs-Retail at 25c; Wholesale, 20 to 2lc.
FLOUR-The market is frmer, with a mode
rate demand. We quote Superine, IS 50 10
5 IS; X, Sc 90; Xxx, S. . to 50; and fancy,
Sc 70 to9 ..
-FFKD-Continpes in modeyate request. Corn
quiej and nrIner yellow and mixed, soc to 81;
good white. Sc to 81 extra choice, 81 10. Oats
are steady at 6 70 Csc. Bran quieta so. Hay
Is quiet. $40 to 81.
FRUITs-New apples, 50 90 10 8 IS per barrel;
dried. 5 10 &c; dried peaches. TO Sc.
GUSSIEs-GOod No. seconds frm at ia to
N0LA ssEs-Fhe demand is moderate; Re-
boiled Orleans, 50 10 9Oc; Eastern syrup, 40 TO
Ous-cOal, 40 TO &c; linseed, raw. 81 30;
do. boiled. 81 40 TO l IS; lard, 81 40 to 50;
crude cOttonseed oil. 50 to 55e.
PouIrRY-Old chickens, 81 TO o0i young,
PEobrcr1 Old peachbloW potatoes. 81 per
barrel, new, 81 3 to 50 per Dbl; onions, = .
70 30.
PRoT1sIoxs-The markets. firm, with mod
crate demand, aud prices tending upwards
Mes pork, S3l 50 to 3 90; prime, 81 - 20 . 50;
rumps, s. 30 10 Is 50; clear bacon sides, ex-
cited and quoted az ls4 TO ls1zc; clear rib
sides. iTS 70 laci riA, lsi{ to ls1Sc; shoulders,
rs 10 i5itot breakfast bacon, l94 to a1te;
surar cured hams, ~ 10 sc; lard, in tierces.
~ 70 Ike; kegs, ls1 % lsc; country meats.
ia 70 Is3lo for clear sides aud TO l4'sc Tor
shoulders.