Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1871-06-07
FINANCIAL AND COMMERCIAL.
PUBLIC LEDGER 0yVIoK, |
MEMPHIS. TENN. June 7. 1871. !
TRADE


to-day is hardly as active as an Monday
or Tuesday, but is tolerably fair. Offer
ings on Charge were Of greater va
riety than noticed for sometime. Grain
and feed was the principal feature, with
but light movements; sales were l60
sacks white corn to arrive at 72c and 70
sacks shipstuff at s26 per ton. Oats are
quiet, with fair supply at GO to 64c.
Hay is quiet, with sales of 200 bales
from the landing at $2l for choice tim
othy. Provisions are quiet and without
material change Mess pork can be
found at SIG IS to $l7; bacon clear
sides at &c, and shoulders at &c. Bulk
meats are dull and nominal Lard is
dull and unchanged. Flour is easier but
not quotably lower. Corn meal is quiet
at So 10 to 3 10 on the levee and So 20
delivered. Produce generally is quiet.
New potatoes are sold at 81 per barrel,
and are bought by dealers at SO to Is
barrel measure from wagons; old pota-
toes are dull at 80 40 to 2 80. Butter is
quiet at yesterdays quotations Eggs
are a shade firmer though not higher.
From store on orders prices are as follows:
BAeeISe-Is quiet at 2O@23c. with very light
demand.
BEANS = Navy. 81 1902 90; white mixed.
BAcoS-Quiet; clear sides, 9@A9c; shout
ders, TIC; bulk sides, clear, 814gS19c; Shout
ders, TIC: sugar cured hams. 1419@l6c.
BRAN-Firm at 81 3091 40 u 100 in store.
BUTTER-Good Western, 10@l5c: inferior,
duh and nominal; new grass, 16@2Oc common
TO choice.
CoTToXsEED-s9 90 . ton on levee
CoRH MEAL-Quiet at 50 Is on leyee, and
CoRN-Quiet at 74975c. with fair supply.
EGGs-Steady, with good supply at 139l4c.
HAY-Quiet at s22 00t924 90, as to quality.
FLoUR-Easier at So 5000 rs for super to
fancy.
Iron TIEs-5@6c.
LIRD-In kegs, I2sl216c; tierces. 11@ll11c;
caddies, 14915c.
MoLAssRs- Louisiana. firm 45@f0c in bar
OArs-Quiet at CSC on levee. 66@67c from
store.
PoULTRY-0ld chickens firm at IS OO@6 so;
new, 50 0O95 %, as 10 size.
PoTATOES-New are in fair supply at S4 90
q. barrel; old. dull at 81 6O@2 90 B barrel;
sweet, 81 I5@4 90 D barrel cabbage, scarce ut
s25 00@30 90; new onions. firm at IS 5000 90.
PoRK-Mess, sl7 0O9l7 so in large and small
SALr-s2 5@2 IS a Dbl. 81 COOL rs a sack.
SUGAR-Quiet; Louisiana firm, 91z@l214c for
common 10 fair, 121s@l319c for yellow and
white olariied; refined, crushed and pow
dered, l41z@l4a4c; Coffee, A, and G, BIO
1916.
MONEY
is easy, with very light demand at the
banks the rates of interest are 10 to IL
per cent. In the open market the rates
vary from ! } to 3 per cent. per month.
The exchange market is steady, with a
frmer feeling. Cotton bills are coming
in slowly, and are bought at par East
ern bank exchange is taken at &c and
sold at ic premium. New Orleans bills
are nominally &c discount buying and
par selling. Accommodation transac-
tons of $4,000 between banks are re-
ported to-day at 81 IS premium pc:
$1,000.
The market for gold is quiet, with an
upward tendency in the premium; deal
ers to-day bought at lll4 and sold at
1923; the total amount purchased was
about $4,000. The opening rate at New
York was ll2l and the closing rate ll2s.
Local securities are quiet and without
the slightest perceptible change. Mem
phis and Charleston railroad stock is &c
to SIC buying and selling Mississippi
and Tennessee is nominally Is to zoe
buying and selling; the former price
could be realized on small amounts, but
for large amount II to l7lc would be
the best price, Notwithstanding the brew
ing bull " movement on the part of sew
eral parties who were caught with it at
40 to SOC. Bank of Tennessee money is
bought at S3c and sold at S5c. County
warrants at % to zoe. City bonds, cur
rency issue, are Sc to SIC buying and
selling and the gold issue GO to Gle.
Past-due coupons are worth 20 to ne.
Mississippi warrants at GO to Csc. First
National Bank stock is marketable at
$3.50; Memphis Gaslight Company, $50;
Mississippi Valley Insurance, Soc; Mem
phis and Ohio, 10 to zoe.
Tennessee bonds opened at 7lbc for
both the old and new at New York to.
day, and at noon was quoted at 7lfc.
COTTON.
The market closed steady yesterday,
sales aggregating $50 bales. Buyers
we're in the market early but the stock
is so small and offerings limited to such
an extent that but little can be done.
The New York market opened firm at
1890 for middling but at noon had de-
clined to l9sc, when it was quoted
strong. The Liverpool market is steady
and shade higher. Sales up to noon
we're 100 bales, including IL good ordi-
nary at lie, ordinary at l53c, good
ordinary at l6lc, s do. at l63c, middling
at Ice, II low middling at Isle, do. at
lssc, strict middling at l9lc. Receipts
we're 92 bales; shipments, 9O9; stock on
hand, 1928 Total receipts to date are
1876, 5l3 bales; shipments, 1895.
VISIBLE SUPPLY OF CoTToN. The fol-
lowing table shows the quantity of cot
ton in sight at this date Of each of the
two past seasons:
1871. 1870.
Stock in Liverpool. $4,000 609.O00
Stock in London.................... SSH S0,4Sl
stock in Havre.......... ........ 25.l5O 1880
Stock in Marseilles.-.....-......- l5.e0Q l0.ilg