Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-04-26
FINANCIAL AND COMMERCIAL.
PUBLIC LEDGER 0PEIcE, |
MRKPHIs. TRHN.. April rs. 1871. !

/
| On Change. business was light. Ear corr
was held in bulk at 621lc. and shelled in sack
at 70 to Tic; sale of 200 sacks occurred at Zoe
Corn meal is firm and higher; holders asl
SO 20 in lots. Some bran changed hands a
S25; offerings were light. The rain put stoI
to business generally. From store on order
prices are as follows:
BAGGING-Is quiet at 2l92ic, with very leh
BEANS = Navy. 50 25@2 so; white mixed
B1coS-CIearsides, 14@lO1Ie; shoulders. Y.
use; bulk sides, clear. y19@l0c; shoulders
| &C; sugar cured hams, l5gl1c
| BRAN-sI 35@l 40 O 100 in store.
BUTrER-GoOd Western, 259S2c; inferior,
dull and nominal.
CoTToSsEED- So 90 a ton on levoe.
Corn MEAl-Firm at So 20 on levee, and So 8
| as 50 from store.
CoRS-Firm at 72@T3c, with moderate stock
EGGs-In good demand at H@l6c.
FLouR-Steady at So OO@9 w for super to
fancy.
lIAY-sl6 OO@22 90. as to quality.
IRON TIEs-5@6c.
LARb-In kegs, 1S@l4c; tierces, 1l149l2ci
MoEAsssFsN Louisiana. 4Os7Oc in barrels
04Ts-62tG6sc on leveo, 65@66c from store.
Observation-Disclosures, So 5097 %, with good
demand ana scarce.
PoTAroEs-New Southern, 81 OO9S 90 p bar
rel old, 81 5og2 so q barrel, and dull; sweet.
PoRS-Mess. $40 OO@2O 90 in small way.
SALT-s2 256g2 IS a bbl.; 81 6D@l rs n sack.
.suGAs-Lonisiana S'sl2e for common 70 far
12gllc for yellow and white clarified; refined,
crushed and powdered, l4A9l41Sc; Coffee. A,
Is and q, l254@lS1zc.
We are pleased to learn that Captain ]. L.
Hampstead, one Of the gallant Stonewall Bril-
gade during the late unpleasantness. has been
appointed Assistant Secretary Of the Chamber
of Commerce. Captain H. possesses an init
mate knowledge of what is required of him,
is industrious. affable. and will add no little
TO the efficiency of the Chamber.
The Board of Cotton Brokers hold a meet
ing at three o'clock to-day, at the hall of the
Chamber Of Commerce, to elect officers for the
ensuing year. All members are requested to
attend.
F. S. Davis, ESQ.,. President Of the First
National Bank. returned yesterday from a
trip East. RI iAtlt.t il.l'A
MONEY.
Money circles we're quiet to-day. owing prob
ably to the rain which fell without intermis-
sion up to a late hour. and put damper on
trade generally, as no shipments could be
made. Our quotations Of yesterday represent
the market to-day. Exchange is scarce and
is in good demand. with banks checking at &c
premium on the East and buying largely at
par to 1kc premium. County warrants are
firm and are hard to quote accurately. as
dealers do not care 70 give much information
on the subject. They range from p TO 75c
buying and selling. with more anxiety to buy
than to dispose Of those on hand. as parties
predict they will 20 to 90c before three months
are passed. Mississippi and Tennessee rail-
road bonds tsecond mortgagel were sold yes
terday at 621zc. and some plain Memphis cur
rency bonds at 561zc. Gold is taken by dealers
at 10 to ll01<. and sold at 100 to III; offer
ings are light.
We learn that an earnest effort is about TO
be made 10 start a cotton factory in this city,
and that several Of our capitalists are taking
an interest in the matter. The reports con-
corning the cotton factory at Augusta. Geor-
gia. show the encouraging prospects Of South
ern manufacture. This factory has been
gradually extending its operations. till nov Il
runs Is 900 spindles and coo looms, and con-
sumes 80 bales Of cotton per week. The av-
oraee daily product is s21s yards per loom. or
q, 900 yards in all, making some eight million
yards yearly. At its organization the COM
pany had S300,Oo0 capital. which. BY its earn
ings. has increased TO s6OO.oO. The par value