Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-06-22
MARKETS
tBY TELEG GRAPH
NEW YORK.

NEW YORK.
NEW YORK. June 20-Dry GOods-In this
department there is but little stir. but futures
have 10 some extent been discounted and
stocks consequently are light. Price
are, therefore, maintained with increased
nrmness. Cotton and wool are IN limited
supply al least, supplies on sale are me8gre,
and held al extreme ngures, with no Immedi-
ate pOssibilityOf lower rates while mOney(is so
plenty and interest so low. Printing cloths
are scarce, and held firmly at TIC. for
standards. Heavy brown sheetings are in
limited demand, but are scarce and buOyaut
al l29l2lzc. Cotton OF frst makes held at an
advance Of lc. Carpetings hrm at an advance
OF lOc per yard, ana further advance lst prOZ
WALL STREET.
NEW YORK, June I.-GoId quiet; closing at
lfZl4Qll25s; 10 has been scarce for delivery
aud firm at per cent per aHnum, 10 3-64ths
OF per cent per day. Clearings. S5lCU8 90
Governments are duIl and steady, without
any material change, Proposals for bonds
we're for S2y75,JJ st ll5sgll5s. Wall street
was wild with excitement this forenoon,
which, in fact, was near the approach OF
black Friday. The occasion or The excitement
was tremendous break In the price Of Rock
Island shares, which was followed by panic
al the early board. Rock Island opened sJ
l3Oz and advanced TO lUbz. There w8s q sharp
demand for cash stock, and the Signs iuulCat-
ed that the corner was fast, and late last
night all arrangements had been made for
the corner. This morning IL began TO be
Whisper d about that Jhept had been cheating
in the pool. Stock begaB 10 break, aud was
followed by an enormous pressure 10 sell.
which carried tine stock from l3Ui8GllO, and
afterward rallylng to 8. Transactions were
enormous. The telegraphic instruments re-
corded the changing hands Of one hundred
and seventeen thousand shares, but this does
not cover all the transactions. In eEplaDa-
tiOn TO the affair Il appears there was pool
In the stock limited 10 somewhere about six
ty thousand shares; this pool had bought
nifty thousand, when, at this juncture, 8
operating outside largely; this additional
sale put ii about hfty thousand shares ne
rNaH HnN
hundred and eight thousand, at least that is
the current report. To-day he was unable 10
take his enormous purchases in the Rock Is
land and was forced 70 suspend, carrying
down with him number Of brokers' FOUr-
teen are reported to have failed, but some
will settle The difference and resume busI-
ness. The following is a list Of the brokers
who are reported to have failed at the board,
or who have stock sold out for their account
by the presiding officers: Root Wallen, ".
a. BOWmOnds J. ". Gillespie, ). Austin, Daler
& Thompson, h. A. DAWSON, A. j. Wood, W.
K. Tunnls, Earle and Saltonstal. Farshawe q
McDOugal, J. J, HOyt, A M. Judson and ". @.
Woodward. Large amounts Of stock were
sold out under the rule for their account.
The remainder Of the list shows up remark
ably well against so severe a shock, and the
bears seemed TO be puzzled that 1t did not
create q general panic. At the close the gen
eral market was steady. Money is more sc-
tive at per cent, State securities dull and
neglected. Old Tennessees, zi1%; new, 7IJ%
Sterling exchange. ll05S; government bonds
ISIS, ll71a; DO SIS, liza; 4's ll225; do IS,
~
l0-40, LO1E. Currency IS, lbs.
COTTON.
NEW YORK, June H-Cotton dun and de-
clined; mlddltng uplands are now quoted at
201s. Flour dull; IS S546 IS for shipping grades
extra wheat dull and dropping; red and
amber, 81 56gl ST. Corn dull; prime western
mixed, 1910. Whisky nrmer; g215. Coffee
dun and drooping' Rio, l3gl6c. Sugar steady
and moderate demand; Cuba, 91<@954c.
METALS.
Superior nrm, at 41<g2l1zc; Scotch pig iron
hrmer, at 30S84c; American firm, at 329S6c.
CINCINNATI.
CINCINNATI, June 2l- Cotton is firm, and
demand fair; mtdding &c. Flour is ouIl |
and dropping; family, IS 5O96 IS. Wheat is |
red fall, 81 SStgl 40 Corn in good demand and /
adVancec, al 57G5Sc. Rye is rather quiet, at 1
82695c. Oats steady, 52957. Eggs In good de- /
mand l5c. Butter scarce and drm; choice pc /
Cheese firm factory, ll9l2c. PORK dull. |
Hogs dull and dropping 4g41Sc. Cattle un-
LOUISVILLE.
LOUISVILLE. June 2L-Cotton is dull, /
prices are lower; Middlings, 1910. Flour 4
very firm; demand in excess; extra family 1
So IS. Grain-cOrn firm and active al 70072c |
at 81 5S9l65. for choice from store. Oats are /
quiet at CSC Rye, quiet at 81 %. Whisky,
quiet at SSci Leaf tobacco continues very
ST. LOUIS.
ST. LOUIS, June 2I-Flour is very dull; |
super fall, s. 5 Wheat demand very light 1
Oats shade better at 50g5lc on track
NEW ORLEANS.
NEW ORLEANS, June q. Flour duh aud de-
pressed; superhne, SO S716; double So; treble
50 25@6 50. Corn firm; mixed and yellow /
l8I2ci white, 75g77c; Oats are. quieti sc.
Bran hrmer at 81 l5gl .. Hay-prime, 81,
choice, s2s. Pork showed degree OF irmnsss:
sl6. Bacon quiet at ~, 9G95zc. Sugar cured
hams at l5tal51Sc, Sterling bank, ~; sight,
q premium. Gold, l25S Cotton very dull.
Receipts, ll84 bales.
NASHVILLE.
NASHVILLE, June A-Cotton dull and de-
elningi low m1dd1nR lS1zc; strict do, l9c.
6aeon clear Sides 91Sc; shoulders 715c;
9asnsi 1z1Sci sugar-enred hams, packed, l5c.
Lard ll2Sc. Corn, 73c. Oats, zoe. Wheat, choice
new NhlJe and amber, 81 CO. Barley, 75c. Flour,
SAVANNAH.
BAVAHBAH, June 2L-Cottou displays a
ionyard tendency en- mlddling, l41S92oc. Net
Oales; sales, -; stock, $3.50.
CHARLESTON.
CHARLEsroN, June 2L-Cotton Is dull
4Szc Het receipts, 300 bales:
iales, So; stock 1886 bales.
GALVESTON.
9ALyEsTTeoiE, Jnne 1;-Cotton weak; good
ordinary, l55S8l5ze, Net receipts ia bales. I
Exports, 10 Great Britain ISIS bales Sales /
0o6 bales. Stock, 4s, ,2lS bales.
MOBILE.
MOBILE, June 2l--CottOn easier: unidalinQ.
SIC. Net receipts, ~ bales; sales, 100; stock,
FOREIGN.
LOEDOs, June a, 4ssO p.m.-COnsols, s2,z;