Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1872-09-18
Markets By TELEGRAPH.



LIVERPOOL, Sept. 17.-Cotton steadier;
middling upIands 9ai9sd; do. Orleans
1O61Ozd; sales 10000 bales; speculation
and export 5000 bales.
New YORK, Sept. 17.-Cotton quiet
and weak; middling upland 1S3A1Sse. ~
NEW ORLEANS, Sept. 17.-Cotton, de-
mand good; sales $500 bales; good ordi-
nary 1870; low middling 1870; middlings
1916; receipts $500 bales; stock 23,917
bales.
ST.. LOUIS, Sept. 17.-Cotton dull and
nominal.
CINCINNATI, Sept. 17.-Cotton steady
and demand moderate: middling 203c.
LOUISVILLE, Sept. 17.-Cotton-Iow
middling l9!e.
MEMPHIS, Sept. 17.-C0tton-dull and
and the market unsettled; middling 1870
lS3c.
Foreign Markets.
LONDON, Sept. 17.-Consols, money 924a
92s; on account 92ia92&. United States
5-2Os 'B5, 931c, do 81, OF; 10-40s 87f; new
IS S9s. American securities neglected.
PARIS, Sept. 17.-Rentes 54f. 42c.
LIVERPOOL, Sept. 17.-Breadstuffs firm
and unchanged. Red winter wheat lbs sd
Gl2s 10d. Receipts Of wheat for the past
three days 10000 quarters; American 49,
600. Flour Dos I'd.
Few YORK Money Market.
NEW YORK, Sept. 17.-Money has been
very active all day In consequence Of cor
ner In Erie and gold which required very
large amount, and was aggravated by the
bears, who used all they could furnish secu-
rity for. The price, which was easy early
In the day at 6a7, advanced rapidly to 7per
cent gold, aud commissions ranging from !
to per cent per day, closing at s4a per
cent. Sterling nominal; no long bills on
the market; cash 10Y. Gold actiye and
fuctuating; opened at 1I3f, sold up to 114aa,
fell to 1871, and closed at -1l4aa114s. A
squeeze was caused by calling In loans, and
as high as X per cent was paid for use of
cash coin, though SOME renewals were made
at Sa4. The corner caught many parties
on the short side, including number OF
merchants. 1t is reported, however, that
good part Of short interest has been pri-
vStely closed out to day. III this Is correct
The corner will be of short duration. Clear
iDgs 100 millions. Treasury disbursements
So, 600. Governments fuctuated but lit
tie and closed easier. State bonds dull and
steady. In stocks the ba2r clique who as
sisted in squeezing money, sold prices down
1a24 per cent. The corner in Erie was
rather tame at the opening, and large
amount OF stock was borrowed at 4a3 per
cent, but after noon the corner gained
strength, borrowing rate raised quickly to
per cent. and before the close had reached
% per cent. In one instance Erie sold at
55 cash and 603 regular almost at the saTe
moment, but this Is not fair criticism Of
the market. The two extremes were, cash
503 to SO, and regular 49, to 53a. Trans
actions very heavy, ard fluctuations violent.
The reported German combination sold
out all their stock, $4,000 shares, yesterday
to Daniel Drew, who Is now twisting the
remaining shorts. There is a great deal OF
stock en- route from LONDON, and the pro-
gramme Is said to be to bring over all pos
sible, and then corner the London market,
which Of course viii have influence here.
The whole market closed unsettled and IT.
regular.
Sterling Exchange. Bank Bills nominal;
is. coupons Of 1881, 1854; BIOS Of 1852
1i3a; do. 1884, 113s; do 1866, 114k; do. new,
l122; do. 1887, lis; do 1868, 113s; 10-40s,
l07a; currency SIS, 112. Missouri bonds
81. Tennessee, old, 724;. do. new 72ts;;
Virginia, new, 81; do. old, 45; North Car.
DINA, old, 80; do. new, 203.
New York General Markets.
NEW YORK, Sept. 17.-Flour higher
with moderate export demand; $6.20d
11.5O. Rye nour and corn meal steady
Whis9Sc.s Wheat-winter scarce and brings
| ext RENE Drices Rive aczrea and firm. old
| 7Sc. Barley quiet. Malt steady. Corn
6SG64ac., Oats 45s646c. Eggs 26G27c
Coffee duh. Rio i44fDt7Sc. Sugar dull
fair to good refining ssd9ic Cuba 6bn9c.
Molasses dub. Rice sSa93c. Mess pori