Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1870-09-07
New York Money Market.


NEW YORK, Sept EN- Wall street to-
day there was further sharp reaction, arts
ing from the extreme peace feeling which
followed the surrender of Napoleon and
the army of Mcmahon; and the proclama-
ton of the Republic of France. The feel
ing later is that it will create serious COM
plications on the continent, and possibly
bring on a general European war. This
sentiment was strengthened by quotations
from London and Frankfort, which show
decline of 591 per cent. in American
bonds. In the afternoon, however, in the
absence of important news, there was
general disposition to avoid speculation,
and the markets were very quiet in con-
trast with the activity and animation of the
morning The course of speculation was
reversed, gold being down and securities
up, The changes, however, were slight,
and fluctuations were confined within mar
row limits Money which was active ct 6
ole in the morning, the banks not even
discounting freely at the latter, continued
in fair demand IL the afternoon at 5@6c,
with exceptions at 7c Sterling quite steady
at 929I0S for sight in gold Thera was
great activity and excitement at an early
hour, which resulted in an advance to 154
lXdL0E III Jub nay IL WAS duuOuuCc4 l1hL
jules Favre had proposed taTms of peace,
which caused a decline to 14ss; and still
later it was believed that the terms of
peace would not be accepted by King Will
liam, which caused the premium 20 rally to
10. The market however weakened gradu-
ally to 14Ic, from lack of news, and closed
finally at 1904 Carrying rates 2@23
per cent; for borrowing fiat. to per cent.
bonds, market rather lower, but quiet and
firm; '62s continue scarce, and to- dayi1-
at per cent. was paid for the use Of them
until tomorrow, while other bonds were 5
@6 per cent. for carrying. State securities
dnll but firm. Old Tennessee bonds 62s;
new 6OI. Sub Treasury balaece in gold,
$50, 763, 21O:
New York General Markets.
New YORK, Sept. Cotton active and
frmer; sales of 1900 bales middling uplands
at zoe. Flour unchanged; superfne State
and Western 85@5 10. Whisky 93c.
Wheat shade better; winter red and am
Der Western 1.25@L30.. Corn dull and
declining new mixed Western S1@S3c.
Coffee in fair request. Sugar firm; sales
of $40 hhds. at 9@94c. for Cuba; 99@10c
for Porto Rico. Molasses nominal Rice
firm; sales of 40 tierces at S2994c.
The dry goods market continues active
and the inquiry for most classes is good
and prices firm.
New Orleans Market.
New ORLEANS, Sept. Cotton in good
demand and prices firm; middlings 189c;
sales of 500 bales; receipts 269 bales;
stock on hand 16, 622 bales.
81. Louis Markets.
ST.. LOUIS, Sept. 6-Flour duh and
weak; superfne 4.2594.3 5. Wheat irregu-
lar and lower; No. 2 red fall 1.05@1 OF.
Corn dull; yellow 64@65c. Oats 39@43c. |
Sacked Rye 70@71c. Hghwines $50. |
Provisions dull unchanged. Lard 15t@16o. |
Chicago Markets.
CHICAGO, Sep 6.-Flour more active |
and shade frmer; spring extra 5. 1906. so. |
Wheat firm; 2@1c higher; closing at oslo |
981. Corn steady and quiet at colo. Oats |
closed B@&c lower. Rye 65e, Barley LOCI. |
$4,000. Provisions more ac-
tive but unchanged. g. -.. -u |
Cincinnati Markets.
CINCINNATI, Sept. 6.-Flour and grain
dull, but prices unchanged Cotton un-
changed; middling 19@194c. Tobacco IN
whisky SOg9lc- FORK ZI.0O-
Lard 1910. Bulk meats 123@13c- for ,
and 142@15c. for sides. Bacon
l43@l62@1sc. Bntter 28@32c. Eggs 1S
919c. ... .s#..- .e
Louisville Markets.
LUU1svnLE, Sept. Cotton firm; mid
ilines Isle. Flour 5 %. Grain dull Wheat
|. POOL. 80. Corn 95c. Oats At. Rye 85c.
Provisions fair; prices unchanged Whisky J
lO091c. Tobacco-sales of IA hhds at !
IR@7@334c for low leaf to medium bright
wrappers. -.#. ..
- Memphis Markets.
MEMPHIS, Sept. 6.-Cotton nominally
LS4c; receipts 137 bales; exports 1863 bales.
Flour dull and unchanged. Corn 90c in
Oats dull at 1880. Hay in good demand
It %. OO@23.OO Bran quiet at 1Sc. Pork