Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-08-10
MARKETS BY TELEGRAPH.
NEW YORK.


MARKETS BY TELEGRAPH.
NEW YORK.
NEW YORK, August 9-WalI Street.
Gold weak, opening at II21S selling down
to 1IlA and closing at 11lZ to 1I2. The
market was unfavorably affected by the
placing of the government loan in Eu-
| rope, and an advance in bonds reported
by the cable; lower prices are anticipated.
Loans were mostly made at per cent for
use. Clearings, SIS, 500, 600. Governments
strong and higher, excepting skies of II,
| which were q fraction lower; the Offering
of bonds at the treasury were only $44G,-
loo, at Ills to 112.24; awards, $50, 100, at
111.99, only those bonds being accepted
/ which were offered under par in gold. The
announcement from London that Cooke,
Mccullough q Co. have taken the balance
of 500, ,000, 900 of the five per cents, is con-
| hrmed at the New York office of the firm.
The bonds were taken on an account of
/ combination of London and continental
bankers. The stock market has been ac-
tive and strong to- o-day, with slight de-
preston, caused by raids Of the bears,
but the prices would rally on their sales
| without giving them time to cover. The
negotiation of the i've per cent loan in
| Europe must advance the eight per cent
dividend paying stocks very materially.
/ Western Union, New York Central, Hud-
son Scrip, Union Pacific, Wabash, Pacific
Mail and Erie were the strongest and
most active. Stock operators in the last
named looked for an advance of to
per cent. All classes of Pacific securities
are looked upon with favor, and a mate
rial advOnce in them is predicted. The
bulls say the advance has but Just COM
menced. The market closed strong
Money is very abundant on call at 2 TO 5
per cent. State bonds are not active.
Tennessees are steady; new South Caro-
linas hrmi with a slight advance in
price. Sterling exchange, bankers bills,
90. U. s. coupons Sis, I191z do. 62s, 5-20s,
ll5; do, Gas, la; do 65s, Il435; do new
5-20s, 1928; do 67s, 5-20s, 1889 do SIS,
113A; 1O-4Os, Il39S; do currency IS, Hay;
Missouri State bonds, 957<; Tennessee, old,
75; do new, 751s; Virginia, new, 70; do old
843z; North Carolina old, A; do new. q:
Canton, 70; Western U. Telegraph Co.,
6lI; Quicksilver, 1117s; Mariposa, 1887;
do preferred, 1851; Adams Elk. Co., S41S;
Wells, Fargo q Co. g Express, 603<: Ameri-
csn Union Express Co 56; United States
Elk. Co., 56; Pacific Mail, 4Sk; New
York Central, 1905; New York Central
scrip, "a; Erie, 30H; do preferred, 57L
Harlem, 12S; do preferred, 13I; Reading,
l148; Michigan Central, 120; Pittbsburg,
Fort Wayne and Chicago, 1lS2<; North
western, 1915 do preferred, s21<; Rock
Island, l09; New Jersey Central, 1855;
st. Paul, 6l1z; do preferred, sl95; Wabash,
63%; do preferred, So; Fort Wayne, 9S;
Terre Haute, %; do preferred, 81;
Chicago and Alton, Ia; do preferred,
l26; Ohio and Mississippi, As; Cleve-
land, Columbus and Cincinnati, 871z; Bur
lington and Quincy, l4l; Union Pacific,
322s; Central Pacific bonds, I2O1z; Union
Pacific bonds, SS1z.
Dry GOOds-NO particular change to OBJ
serve in this department. Business is
very quiet, yet there is no accumulation
in first hands. We quote all leading
makes Of dark prints at IL &c; CockOo at
l215c; Merrimac, 77z@75sc; printing cloths
I27zc; paper cambrics, l6Hc; Walthsm AZ
inch bleached muslins, 27]zc; 8 blesched
sheeting, 327zc; 81, S73z; ga, 421z; I0-4
Nous delaines and Italian cloths have
beed sold to some extent, especially the
latter, on contracts, and consequently the
fewer goods Offering. The tendency in
price is in buyers favor in view of the ex-
treme prices prevalent on raw material.
Cotton In fair demand, but at lower
rates, 1886. Flour dull and in buyers
favor; supertine Western and State, S4 80
(95 90; common TO good extra, 81 20t95 55;
good to choice, S. 5596 10; white West
ern extra, $696 70; Ohio extras, So 30
@6 25; st. Louis, s. 5O99 90. Rye -four
and cornmesl quiet, and nothing doing.
fair demand and prices higher; spring No.
2, 81 26t91 80, the latter figure for choice;
No. l, 81 35; red and amber, 81 35G11 40.
Coffee In fair demand and firm; Rio, l3%
(0l6c. Sugar firm and in fair demand;
fair to good refined, 9Z@95sc; Porto Rico
and Cuba, 10Qllxe. MOlasses dull and
unchanged. Rice. 5000. Pork dull and
unchanged; new mess, Sl3 so; prime, 81
oil 25. Beef dull; mess, $S(Ql2.
nuErUNHhHW
CINCINNATI, August 9.-C0ttOn dull
and nominal at 143l9H. Flour in fair de-
mand and higher; family, 50 50Q5 70.
Wheat-Rn advance is asked, but none
established; red held at 81 1291 Is. Corn
is quiet and unchanged; ear, 53c. Rye is
quiet and weak at 67G69c. Oats dull and
dropping; mixed at 8O@35O Barley quiet,
unchanged; fall 10000. Coffee is in fair
demand and firm; prime, 1870. Sugar
steady and in moderate demand; raw 1l0
12Z. Linseed oil dull and unsettled at
SO; lard oil quiet and unchanged at 720
75c; petroleum is in good demand at fun
prices, 121<c. Butter steady and in mod
crate demand. Chsese quiet and uu-
changed. Pork dull and nominal at S12@
II %. Lard duh and lower; sales prime
kettle at &c; summer made held at SIC.
Bulk meats dull and dropping at 5G6c for
shoulders and rough sides. Bacon dull
and dropping; shoulders, 6G61so; sides,
70; clear rib, TX; September held at 75sc. |
Hogs scarce and firm at 81 3094 go. Cattle |
dull and nominal. Tobacco firm and In |
fair demand; sales, 1874 hhds. Whisky in |
fair demand at full prices, CSC.
ST. LOUIS.
ST. LOUIS, August 9.-Cotton dull and |
nominal, at 185z(919c. Flour dull and un- |
changed; supertine winter, S4(94 so; extra, |
$5C05 40; Xxx, $5 65(05 70. Wheat firm, |
but inactive; No. red winter in elevator, |
81 13; No. 3, 81 III; sample lots very |
dull. Corn duh and dropping; in bulk, |
mixed. on track, 42c; No. In elevator, |
43c; mixed, sacked, 49@50c. Oats dull |
and dropping; in bulk, mixed, on track, |
32c; do in elevator, 34935c; do sacked,
361<C037]<e. Barley unsettled, and sales /
private. Rye steady; 55@57o sacked. |
Whisky dull and lower, at 9099lc. To- /
bsccO weaker, but not quotsbly changed. |
Hemp and bagging unchanged. Coffee /
firm and higher, ranging from 17@2Oc. |
Sugar firm, Rt 13@131S for Louisiana. Mo-
lsssss nominal, at 44c for prime planta-
ton. Pork dull for small lots loose.
Bacon duh for jObbing and order lots;
61<@61So; clesr rib sides, Sc;
clear sides, 8Z@8xc. Lard dull and
pork house in keg, Sc; round
lot of refined in tieree at private sale. 1
Hogs scarce, at $4CQ4 25. Cattle In good
demand for best grades; Texan range L
LOUISVILLE.
LOUISVILLE, August 9.-CottOn dull and
lower at I99kc. Flour steady and in mod
crate demand; extra family, So 75. Wheat
active and prices somewhat irregular,
millers paying 81 100l II for choice red
on arrival. Corn in moderate demand ct
SIC for choice white shellsd delivered on |
CARS. Oats and rye unchanged. Provi-
sions unsettled; large sales have been
made in the past "a hours at lower rates;
among them 400, 900 pounds of bulk sides
clear rib at 67<o, and 100000 pounds bulk
shoulders at sc. Mess pork held at Sl3,
but no buyers. Baoon-shOulders, 6<c;
clear rib, 72zc; clear, 776@Sc, packed.
at I4@l5c. Lard, 10@i1e. Whisky quiet
at 500. Tobacco active and strong; sales,
l64 hhds; lugs, So 50&7 25; low to me-
ilum Leaf, ~ 50@l2.
CHICAGO.
CHICAGO, August 0.-Flour very quiet.
Wheat-No. 2 spring opened active and
sasier, but closed quiet at 81 03(0l O3[,
sssh, and 81 O11sG91 O35sc for August, and
closed at inside price; this afternoon
heavy at 81 COZ for August. COrn-No.
mixed 5S0kc lower, closing duh at 43
943s<c cash; this afternoon heavy at 43@
l31Sc for August. Oats-NO. active and
IoWer, closing at Sic. Rye-No, 2 easier
1t s3@54c. Bsrley--No. sp,ing easier
and 1c lower, 621<96Sc. Highwines are
steady at 500. Mess pork, $12 250l2 90
oash; $I2 for year. Hogs steady at 81 ESQ
so. Cattle fairly setive and firlner at
NEW ORLEANS.
NEW ORLRANs, August s.-CottOn dull; ]