Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-06-26
FINANCIAL AND COMMERCIAL.
Ir PUBLIC LEDGER 0FVIoK, [
MEMPHIS. Tenn. June 26. 1871. !
TRADE

TRADE.
The volume of business done during
the past week in the leading branches
has been fully up to the expectations of
our merchants and although light it
compares we'll with that of the CORE
spending week last year, or at any time
since the close OF the war. Dry goods
are somewhat dull here, but are in better
demand East at higher prices. On cot
ton goods prices have advanced | cent.
in Eastern markets, but as yet have not
advanced here, or in other words, our
wholesale dealers are to-day filling or
ders for goods below the New York
prices. Orders from the interior indi-
cate that country merchants are yet pur-
suing the plan adopted early in the sea-
son, to buy but little at time and or
der often. In boots and shoes there is
no perceptible change in prices. Orders
from the interior are limited to amounts
sufficient only to supply immediate wants,
and collections are MS good as could be
expected during the dull season. Just
now planters have need of all the money
they can get, and are perhaps little
slow in settling with their country mer-
chants the balances are small, however,
and will be easily met The hardware
trade has improved in measure, and
although little has been done in a gene
raj way, the business has been fair and
dealers have no reason to complain;
prices are about the same, with the ex-
eeption of a Slight advance in nails, in
consequence of an advance in freights
both by river and rail. In the general
market the week just passed has shown
but little improvement in the way of
sales over that of the preceding week.
The principal features have been grain
and provisions. In the former prices
are higher, corn opening dull at lie
asked for white shelled, and closing firm
and lie higher, Bran opened steady, With
light receipts, but closed dull and 81
lower. sales having been made at $24.
Oats we're quiet early in the week, but
the supply was soon exhausted, when an
active demand arose and CT to Csc could
easily have been realized on lots that
early in the week would have been hard
to sell at GO to 63c. The receipts Of
choice hay is light, while common to
good mixed is in fair supply at SIS TO
$2l per ton from fatboat. Corn meal
opened quiet, with fair supply at 50 20
and closed 6rmer, with light offerings
only at So 30 to 3 80; the advance in this
as well as other articles, is due mainly TO
an advance in freight rates on both the
Ohio and Mississippi rivers. New APP
pies opened quiet at 81 20 to So, but
closed dull, with light demand at 81 to
2 so. Choice Western butter is scarce
at % to 24c, and common to good in fair |
supply at II to lsc. Provisions opened
firm and with an upward tendency, but
decline in Northern markets sent prices
Keeling until SIC was the current rate for
mess pork, Ole for clear bacon sides, &c
for clear rib and &c for shoulders; sugar
cured meats were not affected much Tex
cept such as was touched by the extreme
hot weather., and prices remain at II to |
l4lc for hams and Is to l3ic for
breakfast bacon; a consignment Of TO-
OOe pounds of the latter was offered on
but had not been sold at the |
close Of our report, small lot Of Shout
ders was also received and sold at 6Ic. |
Chickens are lower and are offered at 81 |
to 3 % for young and 50 10 to 4 80 for
old. Flour, like provisions, met with /
something of decline, and has been ]