Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-05-02
MARKETS By TELEGRAPH.


5000 bales; speculation and export 1900 |
bales. Cotton to arrive frner. March |
and April shipments from New Orleans
8 1-16d; April and May 95d.
New YORK, May 1.-Cotton is in good
export demand and steady; middling up
lands 1890. Sales of futures 21,300 bales
as follows: May 18a61S3c; June 1870
19c; July Is 15-166l9sc; August 1Ss619c;
September 18i6ls5c.
NEW ORLEANS, May Lection duh;
sales 2, 200 bales; good ordinary 1890; low
middllngs 17017tc; middlings 1870; mid
ding Orleans 1880. Receipts 7o4 bales;
exports to Liverpool 3, 739 bales; coastwise
504 bales; continent q, 992 bales; stock 144,-
528 bales.
/ CHARLESTON, May Cotton quiet and
firm; sales 1,844 bales; net receipts 496
bales; exports coastwise $40 bales; sales
200 bales; stock 22,744 bales.
SAVANNAH, May 1.-Cotton weak;
middling 1890; net receipts 755 bales; ex
ports coastwise 632 bales; sales 661 bales;
stock 1893 bales.
GALVESTON, May Lotion quiet; good
ordinary nominally 15c; net receipts 465
bales; exports eoastwise 934 bales; sales 200
Dales, HOck OO,0ll DaleS.
MOBILE, May Cotton quiet; middlings
17S61Sc; net receipts 572 bales; exports
coastwise 3S2 bales; sales 400 bales; stock
81, $50 bales.
CINCINNATI, May L. Cotton steady at
1880.
LOUISVILLE, May 1.-Cotton is quiet;
low middling steady at lie.
ordinary 15a616c; low II; ddling 17*617sc.
Receipts $50 bales; shipments l ,240 bales;
stock 5000 bales. .
Foreign Markets.
LONDON, May 1.-Hoiiday. No financial
market. Turpentine ABS. The bullion in
the Bank of England has increased $1,000
pounds the past week.
PARIS, May 1.-The specie in the Bank
Of France has increased 100000 francs
the past week.
LIVERPOOL, May 1.-Breadstufs quiet.
New York Money Market.
New YORK, May 1.-The monetary sit
uation is marked by an increased stringen-
| cy and high rates of interest, varying from
| 1-16 to per day. There wss a heavy cali
| ing in of loans by the banks holding city
| funds, as the corporation is paying out
nearly three millions interest and other
matured obligations. The lending capacity
| of the banks was also cHrtailed by drafts
| in the settlement of the half-nonthly &C.
counts with country banks. The payment
of gold coupons caused considerable sales
of gold to bankers ard brokers, which also
absorbs money for the moment. The ex-
press companies bought million and
half of currency. The liabilities on the
Stock Exchange of Swan 81 Co., who sus-
pended to-day, are reported to be less than
ten thousand. The fact that the Tenth
National Bank was creditor at the Clear
ing House this morning to the amount of
two millions, is explained to have been
caused by the transfer of city funds to it
from the Broadway Bank. An investiga-
ton will probably be made into the affairs
of the Manufacturers and Merchants
Bank, a small State institution, for the pur-
pose of setting rumors, perhaps
unfoupded, against it at rest.
The Mobile and Montgomery Railroad has
defaulted on its May interest. Sterling was
dull and heavy at s. for 60 days and 95h94
for sight. Gold was dull and heavy, de
Ginning from 117S to 1852, and closing at
11626I16S. Loans we're per cent to 1-16.
The clearings were $50, 100000; customs
receipts $4,000; treasury disbursements
$242,000. Governments were steady
throughout the day. State bonds were
neglected. Stocks, with the exception of
Western Union, we're very quiet with slight
fluctuations. That stock was actively dealt
in and evidently bears the brunt of the bat
tie between the opposing forces on Ex-
change. The transactions in it probably
reached 100000 shares at S45, S5!!, S455, S549,
842, and brokers of the clique offered put S
at So for fifteen days at per cent. Other
wise prices were irregular with a general
decline in the evening, when money was
most active and stringent. 1t closed steady
though quiet.
Sterling Exchange - Bank Bills 1889;
U. s. coupons, 1881, 1903; 5-20s Of 1852
11a4; do. '64, 114sc; do '65, 1173; do '67
I19a; do. '6S lis; new 1l7a; i0-40s, 113aa;
currency G's, lis; Missouri bonds 934
Tennessee, old 49,; do new, ISL; Vir-
ginia, new 40; do old 43.
New York Dry SOOds EsEkeS.
NEW YORK, May 1.-Commission
houses were quiet to-day, but there was s
fair distribution OF general dry goods by
jobbers. Cotton goods we're active for
brown and bleached shirtings and sheetings,
which are steady at reduced rates. Indian
orchard and waterford brown sheetings
were reduced cant. Pepperell, Appleton,
LacOnia and AmOskeag drills for jobbing
were 14lc. Colored cOttOns were firm at
old rates. Cottonades were in good de-
mand. Woolens continue quiet in first
hands. ShaWls were dull. Foreign dress
goods ami grenadines were in better re-
quest. Silks and ribbons were selling well
st auction.
New York General Market
New YORK, May Flour duh with
beavy receipts. Corn meal quiet. Whisky
is shade firmer at 92c. Wheat dull and
lower. Coffee active and strong-RiO Ia
1896. Turpintine 52ac. Lard-steam
9a69 0-l6c. ......--.
Baltimore MsFksss.
BALTIMORE, May Flour quiet and
unchanged. Wheat quiet and firm; choice
white and amber 81. 1902 10; good TO prime
red 81 956207. Corn quiet; western mixed
nominal. Oats finn at 49050c. Rye quiet
at 95c. Provisions dull and unchanged.
Mess pork $1850019.00. Bacon--shoul-
ders S0S1e; clear rib 106I04c. Sugar
cured hams 1356l5c. Lard 969sc. But
ter weak; choice tub 33635e. Whisky at
90ac.
New Orleans n arkets.
NEW ORLEANS, May Flour duh;
Xxx So II; xxx $7.125; family Sc 09010.
Corn easier; white 57D5Sc. Wheat 57659c
Oats quiet at 44c. Bran dull and lower
at soc. Hay dull; prime $1,000; choice
$500. Pork dull, held at SIS so. Dry
salt meats dull; shoulders re; 9sc, Zoe.
Bacon irIner; shoulders Ssc; clear rib 103c;
clear 10sc. Hams 14a6l5tc. Lsrd-re-
fined scarce; tierce 9ac; keg l02c. Molssses
dull; prime 26c; strictly prime 63663ac.
Sterling 275; sight premium. Gold
l174.
Cincinnati Markets.
CINCINNATI, May Flour firm at
| $7.506775. Wheat steady at 81. 6Sa1. 10.
Corn firm at 44c. Rye SOC. Oats 426
4Sc. Barley firm. Eggs easier at 13n14
| Provisions more active and frmer. Pork
firm and nominally SIS 80. Lard quiet;
steam &c; generally held higher. Bulk
meats steady; shoulders 767sc; clear rib
] sides 91194c: clear 92c, closing with in