Memphis daily appeal. [volume] (Memphis, Tenn.) 1847-1886, 1871-08-07
MARKETS BY TELEGRAPH.
NEW YORK.

NEW YORK, August 5.--Wall Street.
Gold dull st ll2H to ll2I, and lower
prices are predicted; loans to 2 per cent.
for borrowing; clearances Sl6,0O0,0O0; ex-
ports to-day about $3.50, 900; for the week
$565,675. Governments strong and frse-
tion higher, with a moderate business.
| Stocks strong, with an upward tendency /;
| the bulls sre anticipating much higher
prices on account of the large crops, easy
money and increased receipts; New York
Central, Hudson Scrip, Pacific Mail,
Western Union, Wabash and Union Pa
| cific are the strongest with good buyers
Hannibal and st. Joe sold as low as Il.
/ The bank statement is unfavorsble and
shows decrease in the reserve, but there
is such large surplus of money offering
that the statement had but very little
effect on the market; the following are
the changes: loans increased S7l7, ,976;
specie decreased S3,6l9,3S4 circulation
decreased $l2S, ,502; deposits decreased $4,-
625, ,577; legal tenders decreased $40, ,937.
Money is abundant at 2 to 3 per cent, and
it is said there has been $50, 600, 900 carried
over which could not lie loaned. In state
bonds Tennessees, new South Carolinas
and old North CarOlinRs strong and ac-
tive; others dull. Sterling, bankers bills
95s. u. s. coupons Sis, ll69s do, 62s, 5-20s,
ll4K; do, 64s, ,llS3z; do Cos, 1l41s; do new
5-2Os, 1925; do 67s, 5-2Os, ll31s; do 68s,
Missouri State bonds, 951 Tennessee, old,
TAX do new, ,67A; Virgins, ,new,72; do old,
641z; North Carolina, old, Az; do new, 25;
Canton, rs; Western U Telegraph Co.,
5SZ; Quicksilver, I1IZ; Msriposs, 1031<;
do preferred, los; Adams Ex. Co., S21I;
Wells, Fargo &CO.'s Express, 4; Amsri-
can Union Express Co ,54N; United States
York Central, 9S1<; New York Central
scrip, 941<; Erie, 291S; do preferred, 81;
Harlem, III; do preferred, lS0; Reading,
1l4k; Michigan Central, 12O; Pitttsburg,
Fort Wayne and Chicago, 12O; North
western, Tx; do preferred, 9lZ; Rock
Island, 1851; New Jersey Central, 1855
st. Paul, 611<; do preferred, 81 4; Wabash,
6S2; do preferred, SO; Fort Wayne, 1907
Terre Hsute, 20; do preferred, 81;
lbs; Ohio and Mississippi, 44Z; Cleve-
land, Columbus and Cincinnati, SO; Bur-
lington and Quincy, 1876; Union Pacific,
30X; Central Pacific bonds, 1205E; Union
Pacific bonds, S25s.
Ootton-Dull and in buyers favor, 1876.
Flour heavy; superhne Western and State
"a 3o95 10; common TO good extra, S5 20
as 55; good to choice, s. $500 10; white
Western extra, $696 20; Ohio extras, s. 80
@6 %; st. Louis, IS 60@s 90. Rye flour
easier at s. 90@5 %. Cornmeal quiet.
Whisky nominal 94c. Grain-Wheat In
fair demand and prices higher; spring No.
2, 81 26@l 80, the latter figure for choice;
No. 1, 81 30; red and amber, 81 35@1 40. |
Coffee In fair demand and firm; Rio, 1311S
9l6c. Sugar firm and in fair demand
fair to good refined, 9H695sc; Porto Rico |
and Cuba, l0@llkc. Molssses dull and
unchanged. Rice. SG9c. Pork dull and
new mess, $l3 so; prime, $11 |
GIL 25. Beef dun; mess, $8@1O.
Dry Goods-The market is steady and /
firm, without much animation, except for |
some special articles, such as shaWls, de- |
LANES, etc, which, at present prices, have |
been considered low, We ask for fall |
weight blesched muslins l9c; Watcher,
18c; Red Bank, 12c; Hill e do. 141Se; |
Waltham ga brown sheetings, S21f; 1O4 |
do. 37Hc; best heavy brown sheetings /
such as Stark A, Amoskeag A, Appleton |
A and Atlantic A are in steady request at |
lac; 1916 for white; Indian head held at |
14c; prints, of desirable makes, dark, are |
worth more; tolerable, IL Nc; Pacific Mills /
and Cocheco having fixed their prices /
above other figures it Is hardly possible /
prices will go higher, yet all the COM
panies are holding their goods ct the same /
rate by giving discounts. Some of the i
prints on sale not cast over, 30, to print,
being in fugitive colors, and taking cloths
al the highest, 9Hc. 1t will be seen they
make money. Notwithstanding the high |
which are made by printers,
nous delsines, desirable makes,
were taken more freely, especially 1
Pacific Mills having good sales at 25e,
while Hamilton and Manchester COM
panies have put their price at 261zc. The /
raw material Of which these are made is
exceedingly scarce and high, and nothing
In body like them can be imported, under
the present tariff, at anything near cost.
OHICAGO.
CHICAGO, August 5.-Flour quiet and
unchanged Wheat, No. 2 spring 4 rme