Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-09-25
MARKETS sY TELEGRAPH.
NEW YORK


WALL STREET, NEW YORK, September B.
Gold opened at ll51s, sold down to u454, after
the bank statement rallied TO ll41s9ll5. Loans
made at from l TO per cent. for carrying.
for the week, S40060O. Governments
strong with limited business. The Assistant
Treasurer, Mr.. Hillhouse, has this afternoon
received instructions TO buy sS0,000OO0 5O-20's
on Monday. Stocks opened steady; after first
call declined from q to y per cent; market
soon rallied. Lake Shore, Western Union,
Erie, Rock Island, Pacific Mail and Ohio &
MiSsiSsip ppi being particularly active. The an
nouncement OF an extra treasury purchase OF
bonds to be made Monday assisted the ad-
vance in the stock market, which closed
strong at advanced prices. Bank statement
is unfavorable, showing large loss in reserve
stock. The Stock market was unaffected by
the statement of spectators for rise, reason
ing that the Secretary of the Treasury will be
permitted, if necessary to this end, to run
their reserve below the legal limit. The fol-
lowing are the changes: Loans, decrease,
IS, SOB 500. specie decrease, S656SDO; circulation,
increased S7l, 500; deposits decrease, 49, 800.
legal tender decrease, S5,S93,40O. Money
during the morning was arm at 6G7
per cent, but at close fell to ger cent. on Gov
ernments. State bonds dull but neglected.
Sterling exChange-bankers' bills, S5s. Unit
ed States coupons of 1881, llS1s; do 1852, sos,
new IiI1s; do 1857, sos, Ii41s; do IS5Ss, Il4 do
l0-40s, 1ll1s; do currency skies, ll45s. Missouri
State bonds, 9554; Tennessees, old, ~ do new,
lima, old, 40; DO new, %. Capton,: 20; West
ern Union Telegraph Company, 6615; Quick
silver, l5za MarlpoSa, 19S do preferred, "a;
can Merchants Union Express, 81: United
States Express Co, 56; Pacific Mail, 5l1s New
York Central, 92s4; New York Central Scrip,
IS; Erie, 3O5s; do preferred, 60 Harlem, l2S;
do preferred, l34; Reading, l35Z; Michigan
Central, ll9; PittsbuFg, Ft. Wayne and Chi
9O|2; Rock Island, 1885; New Jersey Central,
ll054; st. Paul 622s; do preferred, 81; Wabash,
=; do preferred, =; Ft. Wayne, %; Terre
lI915; do preferred, l2S; Ohio and Mississippi,
421s; Cleveland, Columbus and Cincinnati, SS54;
Burlington and Quincy, lS4; Union PaciIc,
ctfic bonds Sss4.
DRY GOODS.
Dry goods continue moderately active for
most classes OF goods coming under this head
ing, while prices generally remain steady and
firm. We quote: Atlantic a, heavy brown
sheetngs, at lS15c; do. H, l3c do Q, lie; Angus
lado do, 12c; Broadway, ll19c; Cabot A, l21Sc.
Indian Orchard, improvedi 4O-ineh, Lici Pep
perel c, fine, I312e; do. r, l21Sc do o, lie; half
do. n l0c; half do. IA wide, 50c; do. lO-4, Soc;
do. la, 40c; do i24, 45c. THESE are the lowest
figures prevalent but agents and some other
jobbing houses held wide goods 219e higher in
bleached. Wide goods selling at same figures,
in 6, s, 8, 10 and II quarter pequati lO-4O do.
command 471Sc; Masonvile muslins, l719c.
COTTON.
Cotton dull and dropping, at 1876.
PROVISIONS.
Flour firm, with fair demand;superflne West
ern and State, S5 6065 80; common to good eX-
ira, IS O@6 As; good to choice, So 4597; white
Western X, 81 O0G7 IS; Ohio Y, s6 30G7 IS; st.
Louis, Sc 30@9 Rye -four, steady. Cornmeal,
steady. Whisky hrmer, at SO. Wheat in fair
demand and higher; No spring, 81 81 No. 2
spring 81 45gl AZ; latter for very choice; winter
red Western, 81 539l 81; white Western, 81 63
al 20; white Michigan 10 arrive, 81 70. Rye
@estern n IA iSs9 Tn 5aTed a ana ai shade 0wea ioWef
Western mixed, in store, 72c; afiost, rye;
yellow, 7319c; prime white, re. Oats in air de-
mand and higher; Western and Ohio, 5l952c. |
Hay and hops firm. Coffee in fair demand |
and firm; Rio, 1715c. Sugar, steady with |
moderate demand; fair to good refining, s59 |
changed. Rice s1l@91zc Petroleum-erude, |
l44e; refined, 2414e241&e. Pork in fair de-
10 rs; prime mess, SlO@lO 70; October, SIS So |
January, Sl4 20. Beef quiet.
CINCINNATI.
CINCINNATI, September 23.-Cotton dun |
and dropping; low mtddlings, lS5<Gl9c. Flour /
in good demand at full prices, So g6 25. Wheat |
with moderate demand at SIC. Rye steady /
with moderate demand at 75GS0c. Oats steady i
fair demand and firm at S5c@s1. Coffee steady |
with moderate demand; prime, l91s@20o. Su-
gar in fair demand and firm. Linseed oil /
steady with moderate demand at S0GS2c. Lard |
oil In good demand at full prices, 75l97Sc. Eggs
scarce and firm at Csc. Butter scarce and firm i
at 22925c. Cheese in fair demand and higher /
at I2f9I21Sc. Pork quiet and unchanged; |
Si2 SO asked. Lard, an advance is asked but /
not established; 94c asked Bulk meats in
light demand, DuL nrlll; shoulders, btie9b3sc, ]
latter rates asked; sides; 618G651@7c. Bacon 1
firm with light demand; shoulders, 7LfG714c: |
sides, T5z@Szc asked, a shade less offered. Free
seller for future delivery at &c less than quo
tations Hams, sugar-cured, l7c. Hogs in fair
demand and firm at 81 30g4 65. Whisky in
good demand at full prices, 9lc.
NEW ORLEANS.
NEW ORLEANS, September %. - Hay scarce;
choice western S35@38. Pork quiet but firm;
mess. I4L@l45sc. Bacon firm at S149S5k6S1S9
95Sa9z<c whisky firmer; western Tectiied at
925ScaSl@S3 so. Bank sterling, 24S4. Sight, &c |
Gold, I45Sc. Cotton quiet; sales
iOOO bales good ordinary at l6s49lSLtc; low /
middiing at l9al95<c; mtddling at 2l920 &C.
225 bales; no exports; stock, 10, 795
bales.
ST. LOUIS.
ST., LOUIS, September 23.--Cotton nominal,
I9ISc Flour-low and medium grades active /
and firm; superfine winter, 81 4094 75; extra,
s5a5 rs: Xxx, 55Oa5 75;. Wheat opened active |
and higher but closed dull, with partial loss; i
No. red, 81 3S, closing at 81 81; No. 2 red win
ter 81 4O closing at 81 80. Corn firm. but in
active; mixed IN bulk on track, 4946c choice /
yellow sacked 54c; white, 55@58c. OsIts slow; |
No. ? in elevator, S41z@S5c; choice mixed,
sacked, SSc. Barley firm; 75c for prime Iowa /
and s5c@sl for prime 70 choice Minnesota. !