Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1872-12-18
Texas beeves, corn fed, % quality,
Markets BIZ TELEGRAPH
Tho CettoE. Markets.

LIVERPOOL, Dec. 17-COtton active
and strong; middling upland 1O4d; do Or.
leans 1Oad. Sales $4,000 bales; specula,
ton and export 5000 bales.
NEW YORK, Dec. 17.-CottOn higher and
in good export demand. Middling upland
205c. Sales of futures 20,7O0; December,
Igs019sc; January 195n19Ec; February
19sA2G March 10 15-15n20s; April 2O1
G2Oac; May 20 7-1602Oac; June 20562lc;
July 2l4c.
NEW ORLEANS, Dec, IT, Cotton in good
demand; sales 1890 bales; good ordinary
1S161S4c; low middling 191c; middlipg
l93c; middHng Orleans l95c620c; receipts
1926 bales; exports 10 Continent 1924
stock ia 1872 bales.
CINCINNATI, Dec. Newfoundland
far and market firm; middliDg 19c.
LOUISVILLE, Dec. 17.-Cotton is quiet;
low middling 1s3c.
ST. LOUIS, Dec. Northumberland
light but holders firm; middlings 1870.
MEMPHIS, Dec. 17.-COttou excited and
prices higher; low middling 1870.
Foreign Markets.
LONDON, DEC. I7.-Ccnscls, for
AuCAVJ1 U46NOo-A3 Oh aNSOeAuo O1s' " ~
5-20's for '65, 90, do '67, 92; 10-4Os ss3.
PARIS, Dec. 17.-Rentes 53f 45c.
LIVERPOOL, Dec. 17.-BresdstuffS dull.
Red western spring 11011s. Sd. Red win
ter lis Cd. Flour 30s. Corn 28s. Cd. Re
ceipts of heat for the past three days 18,-
600 quarters. American $4,000. Receipts
OF corn $4,000 quarters. American 10000.
Shipments of cotton from Bombay since
Last report 5000 bales. Yarns and fabrics
at Manchester quiet and firm.
New York Money Market.
NEW YORK, Dec. IA stringency in
the money market was the chief feature
in financial circles to-day, borrowers paying
as high as ! per cent. per day. About the
close of bank hours, when nearly all brokers
had made up their bank accounts, the rate
declined to cal per cent. It Is generally
supposed that artificial means are at work
TO make money scarce, and the Pacific Mail
people are accused Of locking up funds, as
they did ten days ago. In addition to this
the Treasury offorded an opportunity for
stringent money By Withdrawing from the
Bank of COmmerce and the Fourth Nation
al Bank 81, 345, 346 in legal tenders. Gov
ernment money now remaining in these
two banks, S1,345, S45. Sterling firm at o
for prime and 100 for light. Gold lower,
declining from 1l2a to 1l12 with areeo7ery
to 112. Loans from 2 per cent. to
fat for use. Clearings ST, 5000, 900
The Assistant Treasurer disbuTsed
S79,509. Governments we're lower in the
morning in sympathy with gold, closed firm
at slight advance. State bonds dull, Tenues-
see and Vjrginia's, ConsOls heavy and
lower. Stocks irregular, market alternated
frequently between irmness and weakness.
Chief interest conferred in Pacific Mail,
which fiuctuated between 76 and Is, clos
ing at 70. The dealings to-day have been
more evenly distributed than usual, with
considerable activity in New York Central,
Lakeshore, Rock Island, Wabash, Western
Union, and Hannibal aud st. Joe, Common,
market closed heavy, and the latest
dealings were at declining prices. The
Commercial says it is rumored that the
Pacific Mail Company is about to issue rev
bonds. 1t is repeated very positively to-day
that the Executive Committee will authorize
them tomorrow.
Sterling Exchange-Bankers bills 100;
U. S. coupons, 1881, 117s; SOS Of
'59 1929; do. "a, 1929; do '65, l13; DO. new
1I5I; do. 1857, 1854; do 1893, 116; 10-40s
1904; currency 6's, 112s. Missouri bonds
95. Tennessee, old, 795; do. new 79aa;
Virginia, new, 80; do. old, Al; North Caro-
lima, old, "a; do. new, 10.