Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-07-06
FINANCIAL AND COMMERCIAL.
PUBLIC LEDGER OVVrcK, I
MEMPHIS. TENN. July 6. 1871. !
TRADE

I
to-day is somewhat better in the leading
branches. In the general market grain
and provisions are the chief features,
with no great movement in either. The
offerings in corn were not large, and as
the demand was active prices asked by
sellers were readily obtained; sales on
Change were 43, l2O, ZIG and SO sacks
of white and choice white shelled at u
to T3c. Oats were scarce and not in
great demand; the last sale reported was
at 63c. Bran is dull at $2l. Hay is in
moderate supply, with sales of so bales
good mixed at $2l. Corn meal is quiet
at So 80. Flour is dull, and low grades
are tending still lower; sales were 46 bar
rels at So SO for low super. Butter is
quiet at Is to 22c for good to choice
Western. Eggs are dull at l24c for
fresh; 1000 dozen damaged sold at &c.
New potatoes are bought at 81 so per
barrel loose from wagon. Apples are
salable at 81 to so per barrel. Cab
bage are quiet Sc to 81 per 100. Provi-
sions are firm at 9sc for clear sides, 9sc
for clear rib and to lie for shoulders
Mess pork is held at SIG so to SIT.
From store on orders prices are as follows
BAGeISG--Is nominal at 2l@23c.'
BEANS = Navy, 81 1892 90; white mixed.
| 81 so.
91s@g1sc; shoulders, 71s@7Ac; bulk sides,
clear. $3.50; shoulders 7@7Ac; sugar cured
BR1x-Q1iet at 81 goal 50 u 100 in store.
BUTTER-Good Western. lS@2Oc inferior,
dull and nominal; choice. 22@23c.
CoTToEsEED-S9 90 d ton on levee.
Corn MHAL-Steady at 81 30 on levee, and
| SO 1903 40 from store.
CoRS-Firm at l@75c. with light supply.
EGGs-Dull. with q good supply at 12lsl3c.
HAY-Firm at Sl8 0O925 90, as to quality.
| FLoUR-Dull at So 00@S so for super TO fancy.
IRON TIEs-5J6c. ..
LGRD-In kegs, 121l@l21lc; tierces. ilA@
| llHc; caddies, 4@l5c.
| MOLAssEs-LouiSiana, firm 48970c in bar
| rels syrups. 409S0c.
0ATs-Quiet at 6sg69c from store.
PoULTRY-Old chickens firm at 81 0094 So;
new, 81 5O@4 50, as 10 size.
| POTATOEs-New are in fair supply at So 80
q barrel sweet. So 1904 90 v barrel; cabbage,
quiet at SO OO9S 90; new onions, quiet at
| 81 00(G4 25.
PoRK-Mess. SIG 5O@l7 90 in large and small
wEy.
sALr-s2 25@2 IS y Dbl; 81 zeal IS n sack.
| SUGAR-Quiet; Louisiana firm. 91lG12i4c for
common to fair. 121zg131zc for yellow and
| white clarified; refined, crushed and pow
dered, l4199l414c; Coffee. A. and Q. BIG
l3hc.
There are no material changes TO re-
port in the condition of local financial
matters to-day. The demand for money
is very light, and from present indica-
tons will not be much heavier for a
month to come. Our mercantile com
munity are in better condition fnan-
cially than they have been in at this sea-
son for several years, and the demand
will not, perhaps, be pressing at any
time during the season. Bank rates of
discount are 10 to IL per cent, and street
rates are J to 2! per cent. per month.
Exchange is in moderate demand, with
limited receipts. Buying rates are steady
at par to sc premium and selling rates
ic premium on New York and Eastern
points, and Bc discount to par on New
Orleans.
Gold is offeringin light quantities only.
Buying rates to-day are ll2l to ll2l.
Local securities are unchanged.
County warrants are bought at SOC and
sold at so to 83c. Bank of Tennessee
money of the old issue Is bought at S5c
and sold at 81 TO SSc. City bonds are
54l to 551c buying and selling for the
gold issue. Past-due coupons are steady
at 79l to SOC. Mississippi warrants are
so to S5c; Arkansas levee bonds, 3ll to
35lc. Railroad and insurance shares
are unchanged.
A semi-annual dividend of 10 per cent.
upon the stock of the First National
Bank was declared Monday, and is now
being paid
COTTON.
Sales yesterday we're 52j bales, the
market closing firm, with fair demand
for grades above good ordinary. To-day
the New York market opened quiet and
Liverpool firm at yesterdays closing
prices. There is a moderate inquiry
and buyers are picking up small lots at
10 to l5lc for ordinary, II! to lsc for
good ordinary, 10 to l9lc for low mid
up to noon we're l2j bales; receipts, Ill;
shipments, 264 and stock 6O90; of the
latter 100 bales are stored on Eastern
account. The count of stock yesterday
by the Secretary of the Chamber of Com
merce was an accurate one, all the cot
ton in the city having been counted.
coTToS STATEMENT.
CHAMBER OF COMMERCE.,
MEMPHIS, July o.