Public ledger. [volume] (Memphis, Tenn.) 1865-1893, 1881-10-10
General Trade.

General Trade.
With a few exceptions the leading
articles Of traffic and prime consump-
ton incline downward for the first
time in many weeks. In Liverpool
cotton has fallen from 8 16 to I'd. In
New York cotton has ruled unsteady,
prices being 1-16c lower on low mid
ding, and SIG lower on ordinary,
while good ordinary is bc higher and
upper classes ! to &c above quotations
Of a week ago. Here, prices are to
above this day a week ago on good
ordinary and the lower grades, while
low middling and the higher grades
are / to c off. The scarcity of low
graded cotton in all markets is as
signed as the cause Of this revision of
values. All classes Of meats have fal.
len from ! to &c per ID. while lard is
/ to 10 of. The leading meat pack
cries in the northwest have been ac-
tive, aud operated more literally.
Returns for seven days, ending last
Thursday, show that 165, 900 hogs had
been racked against 10000 the week
before, and $4,000 same week last
year. Total since March l sums up
100000, a decrease Of $4,000 hogs as
compared with last year for the same
per cd. Where feed is scarce and hogs
are easy to send to market a free
movement will continue through this
and next month, and this may inau
ence lower prices. The quality of
hogs going forward is not as good as
last year, and lighter weights are
expected in the future from regions
where corn is scircc. Wheat has
dropped off, to &c per bushel during
the week, and -four, while no lower, is
in favor Of buyers. The value Of
whisky is strong and shows no decline,
81 10 being the price for recti6ed.
Oats are no lower, but all other classes
of feed have a droopy tendency.
Coffee in the leading markets Of New
Orleans and Baltimore is heavy and
nominal at 8 to l3c. Sugars
are firm with buyers shy
at present prices for low quail
tiles at New Orleans and Balti
more, though at st. Louis refined
grades are quoted higher, while in
New York they are in less demand
and inclined to yield. Leather and
hides are dull at all points, with large
stocks on hand and liberal shipments
aaoat, and this despite a heavier de.
mand for boots and shoes than ruled
last year. From Boston the report is
that sales of boots and shoes since
January LIST exceed last year 10000
cases and the year before 300, 900
cases for the same time. A heavy
business is reported in tobacco at New
York, where dealers are making
money. Cigar factories have orders
ahead and are doing well. At Louis
vile offerings of tobacco have been
extremely light and prices are un
changed. Dealers are inclined to
await the result Of the growing crop.
In North Carolina and Virginia frost
has injured it somewhat during the
past week. 1t was quite cool here for
a nigbtor two, but the mercury did not
go below 50, or within 8 degrees of the
frost point. All classes of goods have
been in active demand, with prices
firm at previous quotations. The sup
ply Of coal along Southern rivers il.
running light, and large quantities are
aAoat at Pittsburg, ready to come
south on the first rise. A light swell
occurred in the Ohio during the
week, but only enough to afford better
navigation below Cincinnati for a few
days. No rain has fallen in this vi
cinity during the week, though heavy
rains occurred to the south and west.
White, Arkansaw and other southern
tributaries have swollen several feet,
and are now in fair n~avigable order.
Cotton picking progresses with great
rapidity, and it is confidently expected
that the entire crop will be harvested
by the middle Of next month. Theyield
in the valley or bottom lands promises
to be heavier than many have counted
on, though in the hills from one-fourth
to one-half Of an average crop is the
best that has resulted. Many upland
planters have already finished gather
ing. TIE crop is moving into market
rapidly and is far ahead of any former
year except the two last. AT this
point we are now ahead of last season
ove 1900 bales, while New Orleans
is nearly 1902 texas is