Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-09-08
MARKETS BY TELEGRAPH
NEW YORK.


NEW YORK, September wall street. -
Gold was strong, opening st 1lSH and
advanced to and closed at 119Z. Loans
mostly made fiat, though some few were
made at 160H ct l, 2 and 8 per cent for use,
and 3G4 per cent. carrying. Clearanees,
$50, ,0OO.O00. Bids for Treasury gold
amounted to about $l1, 900 900. Awards,
S2.O00,00 at 113 28159ll3 3S. Government
bonds are strong and higher, in sympathy
with gold. Stock market excited, with
frequent fluctuations; upward specDls-
ton was temporarily staggered this morn
Ing by heavy sales by prominent Will
liam street speculstor of Lake Shore and
Western Union. but sharp reaction fol-
lowed, the Lake Shore advancing to the
highest point of any during this season.
The features have been in favor of West
ern Union, Lake Shore, Pacific Mail,
Union Pacific, Reading, and New York
Central, and the scrip market closed firm
with the exception of Rock Island, Wa
bash and Northwestern, which the Bears
succeeded in depressing The contract
between the Pacific Mail Company and
tho Onion Pacific Railroad was formally
rRtif aoEssb evening in Boston. The de-
tails have not yet been made public, but
it is understood that the rates of through
freight by the Union Pacific will be in
crossed quite materially. There was
large foreign demand to-day for Union
Pacific grants and first mortgage bonds.
caused by the announcement of Morton,
Bliss & Co., of London, that they are paw
Jog coupons for these bonds. Central Pa
cifics strong, and are increased in activity
on the stock exchange, which caused
a greater demand for money to-day from
stockholders; at one time per cent. was
paid, but the closing rates were 2(q3 per
cent on Government and stock eollaterals.
Sterling exchange bankers bills. .8s<; c. s.
coupons Sis. 1l9; do, 62s, 5-20s, 1I5l<;
do. 64s. 115Z; do 65s, ll5H: do new
5-2As, 11414; DO 67s, 20s, 1l41z; do 6Ss,
1149S; 10-40s, 1l1M, 10-40s cur
rency 81, 1l6; Missouri State bonds, ga;
Tennessee, old, 70; do new, 70; Virginia,
do new, 25; Canton quicksilver, 1i61S;
Mariposs, 81; do preferred. 62<;
Western Union Telegraph Company,
6sz Express, ,s71; Wells d Fargo,
55L; American, SO; United States, SO;
Pacific Mail. 5S1s; New York Gem
trsl, l0lA; do scrip, 9S1z; Erie, 3411;
do preferred, 81; Harlem, 1872; do pre-
terred, 1S7; Reading. JIG q; Michi-
gan Central, 12OH; Union Pacific stock,
Chicago 1I61E; Northwestern. 731<; do
pfd, 937s; Rock Island, ,11l1l;St Paul, 645s:
preferred, s31z; Wabash, 67sS; preferred,
S5; Fort Wayne, 1001S; Terre Hsute, 25:
preferred, -; Chicago and Alton, 11SH;
preferred, 12l Ohio and Mississippi, AK;
New Jersey Central, 109Z; Burlington
and Quincy, 1875: Cincinnati, Columbus
and Cleveland, 92A; Central Pacific
bonds, 1O3sS; Union Pacific bonds, s296.
Cotton.-Cotton active and higher at
20Zc,
Dry Goods-The city Is full of buyers,
and trade il steady, with uniform rates
for sll staple fabrics; printing cloths are
scarce md largely sold shead of other pro-
ductions at 7ss97M for common to good
and extra for immediate and future de-
livery six months ahead. There is buoy
sncy in the grey cloth market, and inn
parts tone to the print market, and Pa
ciff1c mills. MerTimack, D Hamilton, D
Dunnels and Richmonds meet with a
ready sale at II &c for white passe styles;
less known brands held at the same price
nominslly, with some inducement given
to make sale Of ginghams, such a. Lam
caster; AmOskesg and Bates are taking
freely at 15c; Glasgow, 1Sc for choice first
styles; Nous delsins in plain grounds in
good request at 2l@22xc, and repss25c;
white printed fabrics more steady at 20;
other staple styles are in steady demand.
CHICAGO.
CHICAGO, September Flour firm.
Wheat-No. 2 spring excited and higher
at 81 14z01 10 cash; closed at 81 14% for
September; this afternoon sactive and
higher at 81 1h<9l 159< for September
and October. COrn-No. 2 naked active
and K@5zc higher; closed at 451<c for Sep
tember. Oats-No. active; closed at
29Zc. RVe-No. 2 firm; closed at 5S1Sc.
Barley-No. 2 spring active and higher;
closed at 62<c. Highwlnes firm at SSc.
Provisions firmer. Mess pork steady at
$l2 620l2 rs. Lsrd steady az S1f6SsSc.
Hogs active at 81 1904 IS. Cattle quiet
at SS05 90.
CINCINNATI.
CINCINNATI, September 7.-Cotton in fair
demand and higher; low middling 181<c
Flour quiet and unchanged; family S. so
as 70. Wheat in fair demand and higher
at 81 1901 IS. Corn quiet and unchanged
at 6Il052c. Oats, rye and barley quiet and
unchanged, Coffee excited and higher;
prime Rio 201<@2O%c. Sugar steady.
Eggs firm at I7A9lSc; choice 20@22c.
Pork quiet and unchanged. Lard steady,
with moderate demand ct 77S(09c. Bacon
in fair demand and firm; shoulders exc;
clear rib sides &c; clear sides 7ss971<e.
Bulkmsats in fair demand and firm;
shoulders SIC; rib 6Jso; clear rib 6G61sc;
clear sides 6S. Whisky in fair demand
and firm at 90cs
ST. LOUIS.
ST. LOUIS, September 7.-Cotton firm
ing; super1ne winter 50 90G4 90; extra
81 i5@4 30; Xxx "a 1905 10. Wheat active
and higher on graded lots in elevator; No.
3 red 81 13; No. 2 red winter wanted at
81 25 Corn better; mixed In elevator
44(046c. Oats frmer; No. 2. in elevator,
35X036; mixed sacked 39@41c. Barley
dun and unchanged. at zoe for prime
iowa. Rye firm st $4,000. Highwines
steady at 800. Tobacco unchanged. Hemp
dull at CSC for undressed. Ragging quiet
at 10000. Pork quiet; small sales at
SI2 90; dry salt meat firm tor round lots;
shoulders 51<o; clear rib sides &c. Bacon
large jobbing and order business; shoul-
ders 61z98xc; clear rib sides 71T671<c;
clear 7ke. Hams, sugar-cured, l6Gl6c.
Larc-small sales of choice tierce at exc.
Hogs steady &C Szl94 %. Cattle, Texan,
81 5OG3 Is; native, $295 90.
LOUISVILLE.
Lou1svTLLR. September T. Tobacco un-
chsngsd and active; sales 1Si hhds; lugs
s7sag 90. Bagging in moderate demand
on orders for round lots. Hemp is held
pt a1s cash. Cotton very firm and higher
At ioxc. Flour firm with good demand;
extra fsnisy So 50,95 90. Wheat in strong
damsnd and active: choice red and whits
selling on arrival st 81 l5@l 60. Corn
steady with q fair demand, AZ bZ(G55c in
bulk on track; 58a62c in bulk from store,
65R6ee zacked and delivered Oats In
Oood request. at S5G36c on arriYat Rye
sseedv et 65070c for prime to choice on
arrival. Provisions fairly active and arm;
mess pork si2 500iS 90 for round lots snd