Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-08-05
Markets BYTELEGRAPH.
Foreign Markets.


LONDON, Aug. 4, 4. 80 P. M.-Oonsols 93s;
g. s. 5-20s of 1862 9344; do 1868 92aa; do
1879 go; do 10 40s 80.
FRANKFoRT, Aug. 4.-U. s. bonds 2Os
1862 96f@97.
PARIS, Aug. 4-Rentes 55f Csc. Rul-
lion in Bank of France increased Is, 2OO,-
600 francs daring the week.
MANCHESTER, Aug. 4.-Adsices more IA
vorshle, but do not affect cotton.
LIVERPOOL, August Cotton firm;
middling upIands SE99d; middling Orleans
Gid; sales $1,000 bales; speculation and
export 1000 bales Weeks sales 81, 600
bales; exports 5000 bales; speculation
1000 bales, stock S73. 600 bales; American
1862, 600 bales; weeks receipts 81, 200
bales; American 16, 900 bales. Actual ex-
port {, 900 bales. Stock ahoat 4S5, 600
bales; American $4,000 bales. Spring
wheat 1O@10s I'd; winter 10@11s; receipts
three days 25, 600 bushels; American 15.-
OOO. Corn 30s Sd. Pork AIS Sd. Holi-
day Monday in all the Liverpool and Lon
don markets.
New York Money Market.
New YORK, Aug. 4.-Gold bonds dull
all day at at 1124@1I24. One to three
per cent was paid for borrowing. Clear
ings $I7,OO0,O00 Shipments tomorrow
estimated at 1911, 600. Governments firm
and fraction better. Foreign bankers
have orders in the market for large
amounts of bonds, which cannot be filed
at their limits, although the same are very
close to current quotations The supply
of bonds is very limited, especially in old
issues. The stock market opened weak,
when the bears jumped on it and ham
mered prices down from to Ito per
cent but it reacted quickly, being led by
Wabash, Pacific Mail and Union Pacific,
which stocks remained very steady, with
good buyers, particularly for Wabash,
which advanced to Ga on increased earnest
showing an increase of $23, 600 for the
month of July. The present buyers of
this stock say it will pay dividend OF Z
per cent per year. Pacific Nail advanced
to 473, and for the time attracted much
attention. Union Pacific rose to 81 on
the report that harmony had been restored
between the executive committee and the
board of directors. Lake Shore dull,
awaiting the action of the executive COM
mittee. 1t is reported that the stock divi-
dend will take the shape OF convertible
bonds. The market closed strong, with an
howard tendency. Bulls are very conf
dent, and predict much higher prices be-
fore the close of the month. Money is
plenty at 2@3 per cent. interest. State
Bonds-Tennes sees have been firm and
active; the remainder of the list dull.
Sterling exchange ITO. United States cou-
pons 1881, ZIG; do go, POS, 1143; do
ia, 113Y; do 80, 1149; do '65, new, 1924;
do. '67, 113t; do. '6S, 1l344; do 1O-4Os,
l131; do currency IS, 114s; Missouri
bonds So; Tennessees, old "a 4, do new,
744; Virginia, new, 70: do old, 644; North
Oarolinas, old, Al; new, 81.
New York Dry Goods Market.
NEW YoRK, Aug. 4.-The dry goods
market is generally quiet, and likely to
continue so for fortnight, except q move
ment from frat hands in wooden and
worzled shswIs, which have met with
ready sale. The sesSon has, to great
axtent. been discounted. Tie great adj
vance in cotton and wool has induced job
bsra and clothiers to lay in supplies ahead
n the PRODUCTION, and those could not be
now replaced at anything near old prices;
for the advance in piece goods has been in
no wise so rapid as in raw material. In
the meantime prices generally rule steady
and firm for all staple textiles. Csussets
are in light supply for the season, end
quick of sale at the recent advance. Au-
eusta 33 inch sheetings have advanced to
100; Dwight W 11ac; Indian head, 48