Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1871-10-10
View York Money aarket.

NEW YoRK, Oct. 9-The great ire In Chicago
caused a general panic in Wall street. Gold de-
cIiued to fi3x on sale Of about four millicns BY
one firm. Loans were from TO per cent. tor
carrying. Clearings $4,000, 900. Governments
share general depression and declined from q
half TO one per cent; decline principally on 52os
January and July; market closed heavy. Stock
market startled and heavy. No important de-
cline was effected until on first call, Ehen dis
the market broke AMID great excitement from
to Is per cent Late In the day there was a slight
rally, but the market ron gave way again West
ern shares led the decline. Lake Shore declined
from lO5x 20 95K, Westen Union Telegraph
from 66X to 57K, New York Central from S2x 20
S. Northwestern from 6SX TO s.; Preferred from
9OK 10 S6x, Rock Island from 10oK to COX, 9 4
per cent dividend which makes It about i0Sk;
St. Paul and Wabash and Ohio of from to s
per cent; Hannibal and Sc. Joe from S3k to 3.
The market at the close assumed little steadier
tone, and there was recovery Of about one-hAlf
to one per cent. from the lowest point. The Post
saws the heavy decline to-day, it believed. win
cause failure of the weaker class of holders, and
unless the market IS rallied up tomorrow before
two o'clock or the time when deliveries are made,
il Is likely that failures viii be numerous, In
all A failure was reported this afternoon. AfteS
two O'Clock there WAS a sharp demand for money,
and il was difficult TO obtain II at any price;
per cent gold was paid, then 1-32, then l-i6, and
then < Of per cent. until tomorrow The clos
ing rate was 1-32, that Is among stock brokers'
State bonds neglected and prices nominal. s3terl-
Ing sEs9Args p Do D. ne S'asss
do. '65, il5X; do. new, il3X; DO. 81, 1l5H; do.
49, ia; do. 1o-4os, 111X; currency 81, l13K.
Missouri bonds %; Tennessee, old, IS; DO new,
65Z; Virginia, new, IS; do. old, 20, Norm Caro-
lima, old, Al; do. new, 2.
New York Dry Goods Market.
New YoRK, Oct. Gin consequence Of the
news from Chicago business has come 70 stand
still and there are no changes TO observe in the
prices. Printing cloths are held firm at Sc for
standard. This Is owing mainly to the specula-
of Interested
bolstering up the market Heavy brown sheet
inCs, weighing two hundred and eighty-fTe
pounds, are selling at 12H y and Bye. Lyman
G brands and 19Xe for Am0skeag. Bleached
and Lancaster ginghams 15c; American strong
l1X@124ci. for ArassRs DO lo4e;, Irwin 3
45c Printed delsines zoe. Best 6-cOrd I'M
ported spool cotton SOC regular. af
New York General Markets.
NKw Yonx, Oct. s,-Flour s5.6e6e.zS. Rye
-four and corn meal quiet Whisky-heaYy
sales at 9Se. Wheat-demand fair and prices
held at q. 56a1 10. Rye, barley and malt steady
Corr--in store 19c; ahoSt T3Xc. Oats 3654c.
Hay and hops quiet Coffee active; Rio 1eS q
161c. Sugar-fair TO good refining 9@eKe; Cuba
s8a9Xc. Molasses frm- Rioe 81 6Sc. Pork,
beef, bacon and cut meats unchanged; market
firm. Lard-prime steam % 9iokc; kettle 10Ac;
October 1e4c; December 1Oc; JANUARY 9Ke. But
ter and cheese unchanged. f
New Orleans Markets
NEW ORLEANS, Oct. B--FlOur scarce, gu
pernne 1928; Xxx s66591; XXX 7.256G so Corn
scarce; advanced; white mixed sc; yellow Sc;
white s56S6c. Oats 6657c. Bran 5I.25. Hay
firm at s35; choice scarce at $3.50. Pork held
at Sl475; sales at si4k. Bacon frm; shoulders
sK @sxc; clear RIB sxe; clear s994e; choice
hams 1Sx @lsc. Lard scarce; tieres ION 916xc;
key i2@12Xc, Sugsr--Aone on tie sarkst No
lasses-sales Of new syrup at 5of76o. Whisky
98c@S10s. Cofee--prime II AGnKc. Sterling
3xj sight Il discount; gold 1l4K.
Louisville Markets.
LoUIsvzLLE, Oct. s-Tobaeeo--sales vs1y