Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-07-07
FINANCIAL AND COMMERCIAL.
PUBLIC LEDGER 0FvIcE,
MEMPHIS. TENN. July 7. 1871. !
mann


is hardly so active in dry goods, boots
and shoes and hardware to-day, but no
great reduction is reported in the volume
of business done in the general market
Provisions are firm and higher, with
fair demand for cured meats from the
city trade. Grain and feed is steady.
with no offerings from first hands; sales
of bacon clear sides are reported at 9ac
cash, and of clear rib at Ole; shoulders
sold in lots at 7 Be to the city trade. Mess
pork is held firmly at SIT. Lard has
advanced in sympathy with meats, but
is dull and inactive. Corn is firm at 73c
for choice white shelled, and 72c for
mixed, with no offerings aud no sales.
Oats are steady, with sales Of small lots
at 65c. Bran is quiet at $2l. Hay is
steady and unchanged; $2l is the rate
for good mixed from the landing. Sugars
have advanced in Eastern markets, and
are held ! to &c higher in round lots for
Louisiana and refined. Coffee is also
firmer but not higher. Butter is steady,
with a better supply of choice at 22c.
Eggs are dull at l2A to l3c, with sales of
fresh at l3lc since our last report New
potatoes are bought at 7jc per bushel or
50 % to 2 so loose from wagon for choicei
Poultry is quiet at SO 25 to 81 for young
and 81 to 4 % for old. New apples are
bought sparingly at 81 to 80 per bushel
loose. Tomatoes are worth 81 per
bushel loose.
From store on orders prices are as follows:
BAGGINe-Is nominal at 2l@23c.
BEANS = Navy. 81 75@2 10; white mixed.
BAcoS-Firm; clear sides, 95%@lOc; clear rib
e4@91Sc; shoulders, 7l4@7hc; bulk Sides.
clear, SgS1Sc shoulders. 7@714e; sugar cured
n1 BRais1Qaist at 81 so@l So y 100 in store.
BUrTBR-Good Western, lS920c; inferior.
dull and nominal; choice, 22@23c.
CoTrONsEED-s9 90 q ton on leyee.
Corn MEAL-Steady at 50 80 on levee, and
So 35a3 40 from store.
EGGs-Dull, with good supply at l2el3c.
HAY-Firm at SIS OOI925 90, as to quality.
FLoUR--Dull at S. 00@S so for super to fancy.
Iron TIEs-5@6c.
LARD-In kegs. 12ls9l254c; tierces, nlx9
1194c ;Icaddies, l4@l51ac.
MOLAssEs-Louisiana, firm 4Sg7Oc in bar
rels syrups, 409o0c.
0ATs-Quiet at 6S@69c from store:
POULTRY-Old chickens firm ut 81 OOg4 so;
new, IS COCA 50, as 10 size.
PoTAToEs-New are in fair supply at So 90
n barrel; sweet. So 1904 % h barrel; cabbage, |
quiet at Sc coos 90; new onions. quiet at
y P SS si7 OOs17 Is in large and small
way. 49,,
SUeAR-Firm; Louisiana firm, l0gl2c for
common to fair, 1254@l354c for yellow and
white clarified; refined. crushed and pow
dered. l41z9l4s4c; Coffee. A. and @. lS14@ |
Hl4c.
We have no alteration to make in our
report of thes condition Of the local
money market. The demand for money
is very light and easily supplied by the
banks and banking houses. Rates of
discount are 10 to IL per cent. at the
banks and from II to p per cent. per
month on the street.
Exchange is in moderate demand and
light supply. Cotton bills are, however,
coming in more freely and are taken at
par. For round amounts Of Eastern
exchange &c premium is paid-selling
rates are firm at lc premium. New Or
leans bills are bought at to &c discount
and sold at &c discount to par.
Gold is bought at 1924 and sold at
ll3l. Offerings are light and the local
demand hardly equal to the supply.
Local stocks, securities, etc, are quiet
and the movement small. County scrip
was offered more freely to-day and met
only moderate request from dealers at
70 to so. The counter demand is also
much less active but as yet rates are
firm at SIC. Bank Of Tennessee
money of the old issue Is bought at s5c
and sold at 81 to Sc. City bonds are
SO to 55lc buying and selling for the
gold issue. Past-due coupons are steady
at 7sl to soc. Mississippi warrants are
so to s5c; Arkansas levee bonds, 34l to
35lc. Railroad and insurance shares
are unchanged. /