Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-05-29

OF MISSISSIPPI ana tennessee stoch'
of which our readers have been fully
informed by the LEDGER. Money has
been easy and abundant at 10 to IL
per cent. at the banks on gilt
edge" paper or suitable collaterals,
and is quoted at that rate to-
day. In the outside market the curb
stone" brokers, or gutter snipes as
they are Familiarity called in Wall street,
have hard time to get over II per
cent. per month, and can find plenty of
capital to invest in short date paper,
with approved security, at those rates.
The exchange market during the week
has been more active from the increased
sale Of the staple, and instead Of being
eager purchasers, as many Of our banks
we're during the week previous, they
have now an abundant supply. Rates
remain at par buying on cotton bills
and par to premium on Eastern bank
exchange. Selling rates are steady at
/ premium.
The market for local securities has
been unusually quiet, and excepting an
improved demand for Bank Of Tennessee
money and the tumble from SOC to
lSc in Mississippi and Tennessee shares,
nothing of moment has transpired.
City bonds are steady and in moderate
request Rates are Sc to SIC buying and
selling for the new currency issue, and
GO to Gle for the gold issue. County
warrants are bought at 73c and sold at
75c. Bank of Tennessee money is in
demand at 7Sc and could be sold to tax
payers at 89c. Memphis and Charleston
railroad shares are bought at 36c and
are held at Bic. Mississippi and Ten
nessee first mortgage bonds are 81 to
SAC buying and selling; second do. are
u to 74c. Memphis and Charleston
first mortgages are quoted at 81 to SEC
and second at rs to SOC. Memphis and
Little Rock railroad eight per cent.
bonds are bought at 72c and sold at 74c.
Mississippi State warrants are dull and
not saleable to dealers at over S0c-sell-
ing rates are SIC. Shelby county bonds
are So to 5Gc buying and selling, with
few if any offering. Mobile and Ohio
railroad first mortgage bonds are bought
at SIC and sold at sSc; second do. at CT
to 69c. Mississippi Central first mort
cages are worth &c to dealers and are
sold at S3c; second do. at 70 to 75c.
Memphis and Ohio railroad shares are
bought at Isle and sold at Zoe.
Tennessee bonds have advanced very
materially in New York during the
week, opening at 671c for the old and
67ac for the new, and closing at 724 and
723c, respectively.
COTTON.
The market closed firm on Saturday,
sales being 1860 bales. To-day there is
moderate demand, but transactions are
limited in consequence Of the high prices
set upon desirable lists by factors. They
are firm in the belief that other markets
are about to advance and are firm and
unwilling to yield. In this they are sus
tanned by advices from New York, where
the market is quoted strong at lie mid
ding. On the other hand, buyers are
equally as confident that decline will
occur as soon as the May "shorts" set
tie, and do not care to invest even at
Saturdays rates Sales up to noou were
200 bales, including 10 low middling, at
l51c, I do. at l5lc, 10 do. at l5c, II mid
ding at Ice, % average do at l5Bc, 8
do. at 1889, 20 good ordinary at l4sc, do.
at l4fc, &c do. at l4Bc, "a strict ordin-
airy at he, II do. at l2sc and 40 low and
inferior at 8 to l2c. Receipts were 626;
shipments, 2O57; stock, 6723.
Receipts for the week we're 2674 bales;
shipments, 5459, and sales 1909, against
277l received, 1852 shipped and $3.50
sold the previous week, end 1905 re-
ceived and 3532 shipped during the cor
responding week last year. Total re-
cepts to date are 49l, 5l2 bales, against
249, l36 bales received up to the same
time last year. Total exports to date
are $4,000. To-day being Whit-Mon
day is observed as a holiday in Liver
pool, consequently we have no reports
from that market.
The following is the official statement
of the receipts Of cotton at all United
States ports for each year commencing
| Nth 1900 mn IN the nrasant date.