The weekly democratic statesman. [volume] (Austin, Tex.) 1871-1883, 1872-09-12
Financial ana commercial .

Business during the psst week has not been
good; merchants complain of dulluess and
comparatively small sales, with very little
demand from the interior. The dry-goods
city trade has been fair, and the large stocks
of fall and winter goods now coming in form
an attractive feature for city buyers. But
little is as yet done in X wholesale way for
the upper counties.
Stocks this season are unusually large, our
merchants having made big calculations on
large cotton crop, and consequently a large
business
In the grocery line stocks are small, and
values have again changed. Bacon is lower
and our quotations must be reduced fully
one half per cent, and the tendency is to-
wards still lower figures. Hams are in Full
demand at fair prices, and stocks are ample
for requirement. Lard is sca.ce at quota
tions.
Sugar is firm, with good demand for
crushed. Shipments are now on the way
from New Orleans.
Flour continues dull of sale; lot of 5000
pounds, Fredericksburg, could fad no buyers
at s. 90 per 100 lbs, aud was therefore left
on consignment with one of our grocery
merchants. We consider the price of S. so
for Texas -four too high when st. Louis fshcy
can be bought here at Sl2 per barrel.
Salt commands 81 10 and 81 Is, gold, in
Galveston, and cannot be sold here for less
than 81 per sack, in order to give legiti
mate prolific the merchant.
Corn and corn meal find ready sale, the
former at 40 and so cts per bushel, and the
latter at 60 and IS per busbel, according to
quantity.
Fodder and hay are in good supply, and
livery stables and a few stores buying all
that is offered At quotations.
Begging is slow of sale, and prices have
declined One-halfcent per yard.
Ties are in good demand at % cts, gold,
The Galveston market shows al improve
ment in dry hides, and our market promptly
responded and improved one. half ct. per h.,
with brisk demand from dealers.
The receipt of Cotton during the week has
been small. Liverpool aud New York showed
some improvement during the first few days
of the week a d all offering here found ready
buyers at full figures, lc pr ID. above GAL
weston, being nearly al says paid on all grades
uatil the m lrket closed to-day at Liverpool
with a decIIne of / |. on uplands, being lOsd
against lOid, and 2 e. for Texas middlir g
in New York; Galveston quoted at l52c.
nominal for good ordinary. Our market re.
mains still the best markest for farmers, and
we advise our readers to sell their cotton
here and not to ship it, as we firmly believe
that this state of aifiirs will not and cannot
last long. We warn our readers also against
selling cotton sor anything except the cash,
some buyers as we are Informed making it
a condition that the farmers have to take
out a certain amount in goods for their cot
ton. There are several regular cash buyers
in this market, who have no goods to offer
except the $50 gold pieces, and who make
cotton buying specially. We know from exN
PSAACuNC buoN Win VIC ASahy A4OACl VIC Nah
always command a better trade than when
We have before hand agreed to taxa part of
our pay in goods. 1t is easily to be under
stood that the merchant will charge more for
the goods he gives ia barter for cotton, than
he otherwise would we're he to receive the
cash, and it is but a Fictitious advantage to
seemingly receive or Ic. 10. more for the
cotton, and then have to pay two prices for
what one needs-try it and you will find the
justice of our observations.
Gold continued quite steady during the
week, closing to-day at ll3f. Money is more
scarce now from what it was. some weeks
ago. A great deal is locked up in Treasury
warrants, and the money for cotton is mostly
paid out for taxes as fast as received. Treas
ury warrants touched 78@sOc. during the
week. We learn money comes in faster at
the Treasury.
Our quotations are corrected up to time of
| going to press, ard are for Wholesale buyers
! only.
Salt-LiverpoOl coarse at 81 per sack;
/ upplies are on the way.
Msal-per bushel 60 to 75c.
| Hay-S5@7 per wagon load, according to
! size and quality.
/ Corn-Ssles at SOC per bushel, market iirmer
Fodder 81 per hundred pounds.
Country butter sells at 2O@25c per pound.
| Goshen So SO per 10 pound cans.
! Lard-l5c for kegs; fierce, l3@l4c, and
Texas l2c.i supply scarce.
Texas Bacon-None IN market. Western
bacon, clear sides, l3@l34c. Market lower.
COTTON.
Market lower ana declining:
Low Middlingc:. .,..,,',,, lb4
SOoo Oroinary '''''.........'..........l5 9l53
| OTulnAIy .'.'''.... ........ ............... l3A
Galveston - Cotton nominal-Good ordi-
nary, l5!.
Liverpool, September Io.-l2 x.-ICottop
dull at Io5d tor uplands.
FLOUR.
In good supply and prices tending down.
st. Louis, xxx ..........lO 5U@
d" Choice Family."....lI SOFA
4" Fancy OO@
Texas, per 100 pounds...... 0O@ so
SUGAR.
! Supply short and prices frmer.
| Louisiana Fair...... .........'.. 10
d" Yellow Clarified. IL
" White Coffee, A..........l3 9l33
Crushed ......l4.(G 81
BAGGING.
Double anchor and domestic jule...,.. %
Ties .......... ............... %
HIDES.