Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1869-12-28
TELEGRAPAIC MARKETS.
NEW YORK

n EM 1OTAh.
NEW YoRK, December r. Cotton quiet and
steady; uplands 251sc; sales 300 bales
Flour 81 5M@i 90. Whisky 9S4cssl wheat
81 ~ or q oo NO u Gd spri1ag agSu drooI 7 7l
Coffee and Molasses dull Sugar quiet; Cubs
lg<9l2.
ings l6aI81$; fine do l2I$@i a: August she. /
ings Is; MonadnociC l0N to NJ; a., y 10 II:
Amoskeag bleached muslin, 49, bullet, 10;
Masonelle, IA; W.msutta 20; New YORK Mills,
~. Paper cambrics held at IL; higher colors
at l2k- Spregue's prints, llH
Mon y was easy, most OF the day, at 69If,
but the demand incre -sed in the afternoon,
under calling of loans to meet the payments
of the dividends and interest due in Janu-
ary. There Is, however, no prospect OF a pro-
longed activity. and money promises to be
Dlenty and EASY afterthe opening Of the new
year. Government offices, except postomces,
were closed To-day, in respect to the memory
OF stanton.
At meeting of the Tennessee bondholders,
the Committee appointed at the previous
meeting reported the following plan: That
the Legislature appoint three commissioners
and the Governor, State Secretary and Treas
urer TO constitute three more Com misstonerS,
and the Commissioners appointed by the
Legislature to resign in favor Of three gentle
men 10 De appointed by the asserting bond
holders. This body OF gentlemen TO comprise
a Commission 10 take charge OF defaultng
railroads and other assets applicable to the
redemption Of these bonds. The subject was
considerably discussed. which ended finally
by motion being adopted to appoint three
tain what could be done In the matter.
Sterling quiet at S1za9. Gold is shade
easter. IL opened ~ I2sz, decnned 10 IlOzs
and closed 1T lD1 Gle .-slnc ceS l4.OOOt carry
ing, 6,cs7 per cent Governments steady. In
state bonds the dealings have been prinei-
paliy in New Tennessee's. which are strong.
Old Tsnnes> ee's, 81; New, So.
The following financial plan is at present
under serious consiI IeraIon by the auminis-
tration and the leading Republicans here aud
In Washington: That the Government shall
fix some etrly date, say the Isl OF February
next on and after which all greenbackS shall
be redeemed in gold on demand Of The As
siStant Treasurer IN New York. In order that
the Government may undertake this redemp-
ton, il is proper that Congress shall author
ize the issue of $500 000 OF six per cent. gold
bonds, TO be issued By the Secretary Of the
Treasury as special fund for the rede emption
OF greenbacks In gold. With this separate
fund Of $500 600 gold interest bonds to be
used at the discretion OF the secretary TO pro-
cure gold, IL is proposed that arrangements
shall be made with European banking firms
to draw upon them at sigHt or cable telegram
to the extent of sl0o, 600 600 in gold. This will
give the Government the cont oil of sl0l,OO0-
100 in Europe. besides SlO0,000.t00 in the Treas
ury here making a total of s200, 900 30 gold.
These loans in Europe might be made for a
short time say one year, with the under
ing that the Government, while paying
six per cent. for the gold loan, shall also be
credited in the account at the rate of three
per cent. per annum for the undraWn bal
ance.
NEw ORLEANS. December 27.-Cotton active
and hrmer; middlngs 2402i1s. Sales 5UOO
bales; ;recel pts Is III; ports 10 Barcelona 800
Flour firm; s5 00g5 7596 % Corn e5ceSl 90.
Oats are firmer 7uc. Bran 81 TO- Hay t5 90.
Pork held at o 50. Bacon retailing-shoul-
ders l5l2; sides l949l9%. Sugar Cured
Hams &c; Lard firm in tiercess lslE9l914;
Molasses-prime 6S970, whisky dull at Soc
al 90. Coffee steady; Fair l51491515c; prime
I7149l71< Freights dull; by sail to Liverpool
Gold I2O5z. Sterling l3Cz1. New York Sight
Texsss beeves, first quality, $500; ID do
SS0940. Sheep, lst quality, S498; ID do s2s3
CHICAGO.
CHICAGO, December H.-Flour-Spring Y
s3 SCOT 90. Wheat 341z95434c Corn 72 Oats
Suaar-N. O. IlTaiic. Pork SIS g. Lard 1917.
Hams l5z9l6c. Bulk sides l51@H; shouG-
CINCINNATI.
CINCINNATI, Decem Der q. - Flour-FaTnily
s. 2595 50. Wheat 81 O59l 10. Corn, new, "A.
Oats 50a55. Rye 80. Cotton dull-middlings
2392lc. Whisky 95. Pork SIS so Bulk shoulders
dull, l234; sides l51@9l6. Bacon shoulders AZ;
sides H1gl9e. Hams 2l<g22c. Lard lIlz.
Butter SOa35c. Eggs S5c. Sugar lS9lEze.
MolasseS 7Sas0c. Cheese l7}4glS15. Hogs
SO 50gl0 10 gross. Tobacco quiet and un-
changed. Groceries unchanged.
ST. LOUIS.
ST. LOUIS. December z 7-FlOur-FaIl super,
81 .. Wheat-No. Spring 81 o.. Corn
yellow S5ag0 Oats 5Sa59 Rye SIaS5 Whisky
s24 90. Bulk shoulders ll5<c, sides l5%
@l553c. Bacon shoulders l45@; clear sides 475%a
l754. Lard-tierce l2
LOUISVILLE.
LOUISVILLE, December Z. -Tobacco-Lugs
s6dS; leaf sydl3. Flour-extra family, 50 W.
Corn 65l70. Oats So Rye so. z ime sugar n
Prime mOlaSseS 70. Hogs weak IS % The
hog Strengthening season Is closed. Pork $50
uaeon shoulders l2Ac, sides l5iz 9I61{c Lard
-Tierce 59fc. Bulk shoulders Lz1zc; sid-s lb1l
1l63f C. Hams ~. Whisky e5. Ragging
firm at 25555. Cotton quiet; ordinary 22E.
MOBILE.
MOBILE, Decem Der I.-d'ottOn qulet-Mid-
dlings Zi34. sales l4g0 bales; receipts S757
bales; exports S2s bales. Receipts since Sat
urday 5i2 bales.
CHARLESTON,
CHARLESTON, December N.-Cotton quiet
Middlings 2SJsc; sales lO5 balls; receipts
3O25 bales; exports 70 Great Britain 1913
bales.
SAVANNAH.
SAvASNAH, December 27.-Cotton firmer-
Middlings 2514; sales $50 bales; receipts Sl99
bales.