Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-06-17
FINANCIAL AND COMMERCIAL.
PUEBLO LEDGER 0YVIcK,
MEMPHIS. TENN. June II. 1871. s


though weak at other points, are believed
to have reached their lowest point here.
Mess pork is quoted dull at SIG so to the
trade, but we doubt whether more than
SIG could be realized on round lots. Ba-
con clear sides have been sold at 30 cash
to dealers, but are held at 99c in lots;
clear rib is in light demand only at &c;
shoulders are quiet at &c. The move
ment in grain is less active and the re-
ceipts largely in excess Of the demand
Over 1000 sacks Of corn, small portion
of which was ear-corn, was offered on
Change to-day at lc below the asking
prices of yesterday; dealers seem to be
afraid yet to take hold literally, and are
purchasing barely enough to supply i'm
mediate wants; sales were Y sacks white
shelled new gunnies at Tic, IS do. extra
choice at 724c, and 100 sacks white ear
at Gle. The movement in oats is light
and prices unchanged; 64c was the ask
ing price on Change; 100 sacks white
we're, however, sold at 63c Bran is in
light supply and moderate request sales
on Change were l6O sacks at S25 80 and
so do. at $25 so. Hay is in light demand
and moderate supply; prices are firm at
S2l to $22 for choice timothy. Flour is
easier and dull; sales to-day were 45 bar
rels xxx at 81; the same grade sold
day or two since for 81 Is. New pota-
toes are frmer and in active request at
better prices; dealers to-day are paying
from 50 Is to 3 so per barrel loose from
wagons. Onions are dull at 81 so. New
apples are in demand for shipment at
81 IS to 81 per barrel measure from
wagons. Poultry is firm at So % to S.
for young and IS so to Sc for old chick
ems. Butter is firm at 81 to 22c for
choice, and eggs frmer at l5lc for fresh
in No. packages.
From store on orders prices are as follows:
BAeGING-Is nominal at 2O923c.
BEANS Navy. 81 5O@l 70; white mixed.
81 30.
rib. s@se shoulders, I14slz5c s;-l bulk sides.
BRAY-Firm at 81 GOAL 40 y 100 In store.
BUrTER-Good Western. iOal5c; inferior.
dull and nominal choice. 2eCg22c.
CoTToSsEED-S9 90 a ton on levee.
Corn MEAL-Firm at SO 20 on levee. and
| SO 30d3 IS from store.
CORT-Quiet at 7997lc. with fair supply.
EGSFtsSdy y5t d goSd supply Gu az i1lO'
FLoUR-Dull at Sc 50g9 2pfor super to fancy.
IRON TIEs-5@6c.
LARD-Ip. kegs. 12l4sl21Sc; tierces. ll14@
| 111ac; caddies, 14@l5c.
| MOLAssEs-LOuisiana, firm 45@7Oc in bar
| rels; syrups. 40C9L)c.
OATs-Quiet at 66G67c from store.
PoULTRY-0ld chickens firm at S. 5096 50;
new. SO 50g5 90. as 10 size.
PoTATOEs-New are in fair supply at 81 90
| n barrel; old, dull at 81 40@2 so n barrel
sweet, So 75@4 90 " barrel; cabbage, steady at
| $40 OO@l5 90; new onions, quiet at 81 5000 %:
| PoRK-Mess, SIG 5O9l7 % in large and small
SALr-s2 25@2 S5 u Dbl. 81 6O@1 IS a sack.
| SUGAR-Quiet; Louisiana firm. 919gl2t4c for
common 10 fair, l2199l314c for yellow and
dered. l41s@l454e; Coffee. A. b and @, lS14@
| 1879.
MONEY,
The money market presents no new
features for comment to-day. The de-
mand for accommodations is moderately
active but comes principally from that
class whose paper is rated second class
at the banks. Short date notes having
from thirty to sixty days to run, when
strictly "gilt-edge," are discounted
readily by the banks at 10 per cent, but
aside from this the rates are from | to
Ia per cent. per month. In the open
market it is difficult to obtain loans ex-
cept upon collaterals or good endorse
ments, rates on the same being | J to 2
per cent. per month.
The volume of exchange making is
small but fully equal to if not in excess
of the demand. Rates are steady at
par for cotton bills and &c premium for
Eastern bank exchange. Selling rates
are firm at ic premium on Eastern and
Northern points and sc discount to par
on New Orleans.
Gold is in fair demand at lll3, but
offerings are small and transactions
light. The opening rate at New York
was 1923 and closing rate at noon 1924.
Local securities are quiet with some
improvement in the demand for city in
debtedness and railroad shares. Tonnes
see money is in fair demand at SAC and
is sold in small way at Sc to SIC over
the counter for the old issue. Very
little is being done in the new issue and
rates are nominal at 80 to 40c. Missis-
sippi warrants are in demand at 60 to
zoe and are held at 75c; there are but
few in the market, however, and none
offering. County warrants are in re-
quest at 74c and are sold at 75c. Mem
phis and Charleston railroad shares are
in demand at 364 to 363c and it is stated
that SIC was refused on a round lot yes
terday. Mississippi and Tennessee rail
way shares are in demand at 10 to zoe
with none offering. Little Rock railroad
shares were on the market to-day at zoe
without any transactions. The move
ment in Government bonds seems to be
improving. Two 800 5-2Os, new issue,
we're sold by dealer this morning at
lis and one $500 500 was bought yes
terday in New York at ll4J. Railroad
bonds are firm with a fair demand and
prices are steady.
COTTON.
New York closed firm last night at