Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-05-04
FINANCIAL AND COMMERCIAL.
PuBLIo LEDGER 0PYIoE, /
MKNPHIs. TENN. May 4. 1871. !

TRADE.
Business in all branches Of trade is dull to-
day, and the market generally wears more
quiet aspect than it has for several days past.
Excepting an advance in refined sugars, We
have no changes of Importance to note in
quotations. Receipts of grain and feed were
about sufficient only to meet the demand. and
prices are firm. Sales Of corn were made on
the levee last evening at 72H to 73c. and to-
day prices are about the same. Oats are held
firmly. Hay is firm, and choice timothy will
readily bring s23. Bran is quiet at s25. Corn
meal is in better supply, and is held at So Is
upon the levee. Flour is quiet and prices
unchanged. Provisions are dull. Potatoes
are steady, with moderate demand for both
new and old.
From store on orders prices are as follows:
BAeoISo-Is quiet at 2l@2sc, with very light
demand.
BE1Ss : Navy. 50 25@2 so; white mixed.
81 90.
BAcoy-Quict; clear sides. lO9loKc; Shout
ders, 71s97]zc; bulk sides, clear, Si5e9ec Shout
ders. 61sc; sugar cured hams. 15@l7e.
BRAN-S1 35011 40 d 100 in store.
BUTTER-GoOd Western, 25@26c; inferior,
dull and nominal; new grass, 2Sg33c.
COTTOysEED 50 90 n ton on levee.
Corn MEAL-Dull at s. 1908 Is on levee, and
Us DOS % from store.
Com : Firm at 721l@75c. with moderate
EGGs-In good demand at 17@1sc.
FLoUR-Easier at So 00@9 0O for super TO
W1Y-sl0 OO@25 90, as to quality.
IRoY TIRs-5@6c.
LARD-In kegs. i21S@lSc; tierces, II z@1219c;
caddies, l4@l6c.
MOLAssEs- Louisiana. 45S7Oc in barrels;
syrups, 40ei15c.
0ATs-62aG21Sc on levee, 646s65c from store.
POULTRY : Chickens. So OO@7 70. with fair
demand.
PoTAToEs-N New Southern. Sc 1901 50 % bar,
rel old 81 90g2 50 q barrel. as to quality, and
frmer; sweet, 81 90 q barrel.
PORK-Mess, Sl9 00dl9 so in small way.
SALT-S2 2562 % D bbl.; 81 Goal 70 y sack.
SUGAR-Firmer; Louisiaua. 8@l2e for COM
mon TO fair, l29l4c for yellow and white clari-
fed; refined. crushed and powdered, l414@
l5c; Coffee, A. b and @. l3@131ac. The latter
grades have advanced from Il TO 1zc. in conse-
quence of similar advance in the Eastern
markets.
Very little was done on Change to-day, and
as on yesterday. the offerings were light Sales
were "a bales hay at SCI; 175 sacks corn bran
at SIS. After Change 30 barrels kiln-dried
corn meal was sold at SO Is. and 100 sacks
white corn at 72c. The attendance was COM
posed chiefly of grain dealers, and there was
hardly a fair representation Of that trade.
MONEY.
Scarcely anything of interest has transpired
in financial circles to-day. The demand for
money seems to have improved somewhat, but
our mercantile community are we'll situated
rs to money. and will not require any great as
sstance from the banks to carry them
through the dull season. Bank rates Of dis.
count to-day are 10 to II per cent, the inside
rate being charged on depositors' paper. Ne
gotati6ns are reported where IL per cent. per
month was obtained on shOrt-date paper, with
good Endorsements, and other cases are re-
ported where paper was refused at the same
rate.
Local securities are quiet and without
change. Some 5000 Bank ofTennessee money
changed hands yesterday at 1874 to 7lc; deal
ers sell to Taxpayers at T5c. County warrants
are bought at " to 73c, and sold at "a to 75c.
Memphis and Charleston stock would be taken
readily at 36c, and is held higher. No sales
were reported to-day. Some $500 old city
bonds were bought to-day by broker at 55'sC
and sold to dealer at a small profit. Two
$1,000 county bonds. old issue, were purchased
by dealer at SIC, and are held at SIC.
Gold is in demand. and is taken by dealers
at 110h to 1lO1S; si0OOwas bought at tho latter
by dealer to-day. and $1,000 was sold at Ill.
Tennessee bonds are up fraction in New
York to-day, Us will be seen by our dispatches.
Exchange is scarce, and but little is offered.
Eastern sight checks will command 81 80 to
80 premium in selling to the banks, and cot
ton bills are taken at par; selling rates are
steady at &c premium. New Orleans bills
are bought at Il to 11c discount and sold al
par.
COTTON.
Sales yesterday we're 800 bales, the market
closing quiet with but a moderate demand.
To-day there is only fair demand at yester-
days prices. which holders generally do moi
seem willing to accept, in consequence of a
frmer feeling in New York and slight ad-
vance in Liverpool. Sales up to noon were
SO6 bales, including 10 bales by one buyer late
yesterday at prices ranging from S]S to lie fol-
low and mixed to middling. q ordinary at l0c,
10 mixed at 1lh, 9 stained low middling al
he, 30 good ordinary at 1l54c. Receipts were
3Ol; shipments, 5iS. Our late New York dis
patches report an advance ofhcon all grades.
COTTON STATEMENT.
| CHAMBER OF CoNMKRCK,l
| MKNPHIs, May 4. !