Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-08-05
MARKETS BY TELEGRAPH.


NEW YORK, August Avail Street.
Gold was dull all day at 1I2H91I2k.
Loans were made at from ! to 2 per cent.
for borrowing. CieRrances $l7, 900 600.
| The shipments for to morrow are esti-
mated at S371 600. Governments are firm
and fraction better. Foreign bankers
| have orders in the market for large
amounts of bonds, which can't 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 1t and ham
mered prices down from 4 to per cent,
but it reacted quickly, being led by the
| Wabash, Pacific Mail and Union Pacific,
which stocks remained very steady,
with good buyers, particularly for
Wabash, which advanced to "a on
the increased earnings, showing an
increase of 1921, 200 for July. The present
buyers of this stock say that it will pay
| an advance of per cent. next year. The
| Pacific Mail advanced to 475s, and for
time attracted much attention. Union
! Pacific stock advanced to 291s on a report
| that harmony had been restored between
| the Executive Committee and the Board
| of Directors. Lake Shore is dull, await
ing the action of the Executive Commit
| tee on the dividend question. 1t is re-
ported that the stock dividend will take
ket closed strong with an upward ten
dency. The bulls are very confident, and
| predict much higher prices before the
close of the month. Money is plenty at
| 2(93 per cent. In State bonds Tennessees
have been firm and active, while the re-
msinder Of the list have been dull. Ster-
ling exchange and bankers bills,
| 10. U. S. coupons Sis, 1l6; do, 62s, 5-20s,
| ll41s; do, Gas, ll32<; do Cos, la; do do new
5-20s, 1925; do 67s, 520s, 1l31s; do 68s,
ll3H; 10-40s, 11Sx; do currency 6s, 1I4H
Missouri State bonds, So; Tennessee's, old,
741< do new ,67Z; Virginia, ,new,72; do old,
-;North Csrolins's, old, A; do new, -;
Canton, 78; Western y Telegraph Co.,
5SZ; Quicksilver, ll1z MaripOsa, IO3Z;
Wells, Fargo Coos Express, A; Ameri-
can Union Express Co 54H; United States
Ex. Co., 5S1<; Pacific Mail, 475s; New
York Central, 9S5s; New York Central
scrip, 9S5s; Erie, 291s; do preferred, 56;
Harlem, III; do preferred, =; Reading,
1lS5s; Michigan Central, 120; Pitttsburg,
Fort Wayne and Chicago, 1901; North
western, 7O1S; do preferred, 9I5s; Rock
Island, 10S1s; New Jersey Central, 1857;
st. Paul, 6l7 do preferred, s11s; Wabash,
"a; do preferred, SO; Fort Wayne, 1901;
Terre Hsute, %; do preferred, 56;
Chicago and Alton, l24; do preferred,
-; Ohio and Mississippi, 591s; Cleve-
land. Columbus and Cincinnati, S6; Bur-
lington and Quincy, 1873; Union Pacific,
26Z; Central Pacific bonds, l2O1z; !. Union
Pacific bonds, S72z.
Dry GOods.-The market is generally
quiet, and likely TO continue 30 for fort
night. Except the movement from first
hands In wooden and worsted shawls,
which have met with ready sale, the
been,discounted. The great advance in
cotton and wool has induced jobbers and
clothiers to lay in supplies ahead of pro-
duction, and those which could not be
replaced at anything near the old prices,
for the advances in piece goods have been
in no wise so rapid as in raw materials.
In the meantime prices generally rule
steady and firm for all staple textiles.
Carpets are in light supply for the season,
and quick OF sale. At the recent advance
Augusta 33-inch sheetings advanced to
I0c; Dwight w, ilHc; Indian Head, 4S-
inch, l9c; Laurel II, l2e; Pocaksett Cassoc,
13c; Pepperill bleached satteens, 16c; do
liza wide bleached muslins, &c. Canton
fiannels are looking up, and some makes
are / to IL cents higher. fremont X
brown printed calicoes, desirable dark
styles, are commencing to move at 1l9zc.
Some Richmond Quaker styles were taken
to-day quick at this price. Nous de-
LANES were more saleRble at 20c. Reps,
which have had a ready sale at 23c sd-
vsnced yesterday to 25c, and were closed
out to-day at 26xc.
Cotton.-Cotton steady, with moderate
demand at 1870. Flour heavy; superfine
Western and State 81 35Q5 Is; common
TO good extra, IS zoos IS; good to choice,
IS 65@e 10; white Western extra, 50 O5@
s rs; Ohio extras, IS 2596 Is; st. Louis,
IS e5G6 90. Rye, -four and cornmeal un-
changed. Whisky lower at 94xc. Grain
Wheat in fair demand and market firm at
81 256I 30 for No. 2, the latter figure is
for very choice. Red and amber, 81 500 |
40 for choice; old do, 81 As.
NEW ORLEANS.
. HKw ORLEANS, August Cotton |
quiet; sales, loo bales; good ordinary, |
1e5<(9161<c; low midGlinR, 17%@I7A<c, Re-