Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-05-08
FINANCIAL AND COMMERCIAL.
PUBLIC LEDGER 0PvIcK,
MEKPHIs. TENN. May 8. 1871. )
rRAnP


been fairly active. the demand for farming
implements being better than was anticipated.
Groceries generally have been quiet, tho only
feature Of interest being an advance OF "a TO
1c on raw and refined sugars. Coffee IS hrm,
but not higher. Provisions are dull and
shade easier than during the early part OF
last week; mess pork has been sold at slS 80
to IS 70 on the lovee for small consignments,
and bacon cloar sides at 91l TO &c. Corn has
been quite steady during the week at 421Sc from
the levee for white shelled. but opens dull to-
day, owing to heavier receipts. and can bo
purchased at nc from store. Oats arc firm
and unchanged. Bran has ruled firm during
the week, with limited offerings. but can DO
purchased to-day at s26 per ton by the car
load. Hay opened steady at about s23 for
/ choice, which price was well maintained until
tho latter part of the week, when consign-
ments were heavier and prices declined about
81; choice timothy is quoted to-day at s22 on
the lcvee. Butter opened firm at 80 to S5c for
new grass. and can be found to-day at % to
zoe. Old chickens are dull at Sc to 7. and
young steady at "a to a so. New potatoes
opened steady at 81 o725; to-day they are
dull at Sc % to $50; old pcachblows opened
dull, but toward the last Of the week an active
demand arose and prices advanced from 81 so
and 81 rs to s225 and $50. New onions are
unchanged-opening and closing at Sc so to 7.
Cabbages were scarce carly in tho week and
sold readily at s24 to %. but are less active to-
day, and can be bought at s22 so to q. Eggs
opened quiet and advanced lie, closing steady
to-day with n large supply at lSc.
From store on orders prices arc as follows:
BAGG1EG-Is quiet at 2l923c. with very light
uY BEANS Navy. 81 25@2 80; white mixed.
$2 90.
ders, 71S97s4c; bulk sides, clear, 5000 Shout
ders, 6lSc sugar cured hams, lll4@l61sc
BRAS-Sl 46@l As % 100 in store.
BuTTER-Good Western. 25@26e; inferior,
| dull and nominal; new grass, 2Sg32c.
| CoTToNsEED--S9 90 q ton on levee.
CoRN MEAL-Quiet at IS 10 on levee, and
SO 1908 30 from store.
CoRN-Dull at 72@73c, with fair supply.
EGGs-In good demand and firm at 18gl9c.
FLoUR-FIrm and higher at IS 25@9 % for
super TO fancy.
HAY-si9 O0@25 90. as to quality.
IRON TIEs-5@16c.
LSRD-In kegs, i21SglSc; ticrces. 1l11@l2c;
MoEAssEs- i5S7oc in barrels;
syrups, 40gT5c.
store.
S495.
PorAroEs-New Southern. Sc OO@7 90 u bar
rel old, scarce at So 5Og2 % D barrel; as 70
quality. and firm; sweet, 81 90 D barrel; cab
bage, S22 5092i; new onions, S6g1.
PoRK-Mess, $40 00C9l9 so in small way.
| SALT-S2 2j6s2 IS o bbl. 81 6l@l 70 ID sack.
SUGAR-Firm; Louisiana. s14@l214c for com
, clarified refined. crushed and powdered, l4I6@
lbc; Coffee, A, b and q, lS149l4c.
The offerings on Change to-day were prin-
cipally of grain. some 1900 or 1900 sacks OF
corn and small amount Of hay having ar
rived since our last report. In corn offerings
were large and the demand light, prices were
, lower however. zoe being the average price at
which it was held, and IS to 69c the best bids
made. No sales were made however, except
in bran and meal; 200 sacks of the former
we're sold at sos so, and SO barrels Of the latter
on the leveo ut 50 IS; 12l sacks oats were also
sold at 62c.
MONEY.
There arc no new or interesting features to
mention to-day in connection with local mon
etary affairs. The banks continue to report
an ample supply of currency, and are dis
counting depositors paper at 10 to II per cent.
In the open market tho rates vary according
to the necessity of the borrower; ~ to 2 per
t cent per month is charged by outside CAPT.
! talists on good two-namo paper.
There is still an active demand for exchange,
and offerings arc limited. Cotton bills are
: bought at par. and sight checks on Northern
and Eastern banks arc taken at par to Lilo
premium; for round amounts 81 % premium
per $1,000 could be realized without difficulty.
About $4,000 was purchased by street ope-
rator this morning at that price.
Gold is taken at 1lO15 to l1Osz in small and
large lots and is sold by dealers at Ill to 1ll1s
Local investments. scrips, etc., are quiet
and without change. Bank Of Tennessee
money is bought at 70 and sold at 75c. County
warrants are p to 73c buying in small and
large amounts. and are sold at 75c. Gifts
bonds are firm; some $1,000 of the old cur
A., roncy was offered by dealer this morning al
Zoe. The new issue arc quoted at 551sc buy
ing and 561zc selling. and the gold issue so to
Gle buying and selling.
Tennessee bonds have advanced in New
York 10 for old and &c for the new since
Saturday.
fb COTTON.
Receipts for the week ending at noon to-
day arc 1859 bales, shipments 6Ol2, and sales
5l7O, against 1895 received, 5l9i shipped. and
f AGO sold the previous week. Receipts to-day
are III, exports 1878 and stock 1850. Re
ceipts for the season TO date are 49,, 422 and
> shipments 46S,793.
, Sales on Saturday were 1000 bales, the
market closing firm with moderate demand.
To-day there is an active inquiry at previous
prices, which factors arc in some cases I'M
willing to accept. Buyers are unwilling to &C
beyond the prices paid Saturday and invest
) only where suitable styles can be found al
those rates. Sales up to noon were 500 bales,
including a list of $50 bales-one crop
averaging good ordinary. which was sold
r late Saturday at 121zc. We also note sale:
of 50 bales middling at 141sc; 26 bales low
middling at 1S16c; SO bales good ordinary
at exc; 60 bales strict good ordinary at lSe
: and other smaller lots.
t Tho Liverpool market opened quiet al
3 5-l6d for uplands. and Sled for Orleans.
New York opened quiet at l51sc for middling.
COTTON STATEMENT.
CHAMBER OF CoHMERcK,l
MENPnIs. May 8. !
} Stock on hand Sept. 1. 1S70-..... 4.2Sl
! Excess by actual count-..--..-- o,zll
Received to-dny.........-.......---.. - 80 80, An,
Previously 4ol,oi0 SOIL