Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-05-04

statement, as the money market in that
time will return from the boundaries where
it pays for spectators to withhold 5 to 10
millions from the market. With q heavy
gain In reserve, the loans are expanded less
than one million five hundred thousand.
The banks now hold 2, 720, APO lawful mon-
ey above tho Is per cent requirement. Gold
was alternately firm and weak, Lranging be-
tween III and 116s. The rates paid for
carrying were 6, ), 7, 81 and per cent.
Money was dose in the, morning at 80 to
l-16,bu became very easy in the afternoon
and dropped to B per cent before three
O'Clock. The legal tenders outstanding to-
night are 357, 100000, adscrease since last
Saturday of $4,000. Foreign exchange
closed up firmer and quotations for actual
business were 1881 to 10SS for sixty days
sterling, and 1893 to 1093 for sight. The
clearings of the gold exchange Lank were
5000 600. The assistant treasurer dis
bursed to-day $598000 on account of in
terest, and $500 in redemption Of $40
ponds. The week has been famous for
sensational stories calculated to undermine
confidence. Until to-day these runners were
directed sgainst the banks. To-day they
were directed against we'll known stock ex-
change firms which have wide reputation
for strength and solidity. The names of
4 or 5 of these firms, il is said, were tel
egrsphed to Western cities with the state
ment that they had Suspended. This is the
latest device Ct bod band Of
operatives. The trick and its devisers we're
equally denounced by reputable men of the
street, and an earnest demand is made for
a searching investigation, and for the proper
punishment of those guilty. There
was no foundation for the rumors.
The general market made an Improvement
at opening of to Z per cent over the prices
current at the close, but operators getting
70 work it commenced to weaken before
the first board. The lowest prices of the
day were made before one O'Clock, the de-
cline ranging from So to SO per cent, Dur
ing the evening there were occasional
spasms of weakness but there was an ad
vance in the main of ! to &c from the low
est point. Pacific Mail was offered from 81
to 49sc and recovered to $50 at the close.
Western Union declined from e5t to SAC
and closed at sec. &C. and l. G. dropped
from 365 TO 32sc, and left of at SIC. st
Paul Common fell off from 81 to 55sc, ana
made up the decline in late dealings. Union
Peci6c declined from 30s to 2S3 and later
rallied to 29s. Ohio and Mississippi sold at
42a641642s. New York Central at $l005
699s6SI0O3. Lake shore sti92a 696a6915.
Rock Island 81 .0SA1. O761.075. Wabash
69366S5669. Harlem at $1.2461.2236
1.23.
Sterling Exchange - Bank Bills 1883;
q. 8. coupons, 1881, 1909; 5-20s Of 1862
1045; do. '64, 104dc; do go, 111s; new
fves 1l7s; do. '67, 1893; 10-40s, lib; cur
rency SIS, 114s; Missouri bonds 933
Tennessee, old 70i; do new, 79i.
new York DRY Goods NarKet.
NEW YORK, May 3.-Business was very
quiet, owing to the cold and rainy weather.
Orders are coming forward more freely for
sheetings and shirtings at the reduced
prices. Waltham blesched and brown wide
sheetings are reduced q cents per yard.
Fine bleached shirtiDgs are firm in first
hands at current prices. ColOred cOttOns
and glazed cambrics aud cottonades are in
fair demand at steady rates. Prints, giDg
hams and worsted dress fabrics are quiet.
Woolens are very dull, and shawls inactive.
Foreign goods continue quiet. Dry goods
imports for the week, 81, 722 ,42S.
NEW IOEA 6oAOE8A mhAAos
NEW YORK, May 3.-Flour dull, and
heavy receipts. Whisky steady at ellie.
Eggs dull at 14.615c. Hops quiet and
steady. Leather quiet and steady at 2S6
SIC. Orinocc at 2762Sc. Wool in mod
crate request and steady. Domestic fleece
at 48652c. Coffee strOng-Rio 17Gl94c.
Sugar quiet and firm.
Baltimore Markets.
BALTIMORE, May 3.-Flour dull and
unchanged. Wheat strong but unchanged;
choice white and amber 81 9562 90; good to
prime red ST. 956207. Corn dull; western
mixed 646645c. Oats firm; western mixed
4 c; white western mixed 51663c. Rye
quiet and steady. Hay unchanged. Pro-
visions firmer. Mess pork $1,000; shoulders
(bulk) 7s67tc; clear rib sides 9a69sc.
Bacon shoulders S46saac; do clear rib 1910
1OBc; hams 13a615c. Lard 9tG93e.
Whisky dull and nominal at 9O2c.
New Orleans Markets.
NEW ORLEANS. May 3-Corn dull
and lower; mixed Sc; white 54655c.
Bran dull and lower at 75c. Hay prime,
dull; $500; choice scarce ar $29 00030 90.
Lard easier; fierce and kettle &c; refined
OJc; keg 104c. Sugar better demand; COM
mon 7c; good fully fair 668ae; prime STA
&c. Molasses quiet; common fermentiDg
S5662J. WHISKY dull at 90692c. Coffee
frmer at 1746194c. Others unchanged.
Sterling q; sight ) premium. Gold III.
Cincinnati Markets.
CINCINNATI, May 3.-FlOur firm at
S7.GO67.S5. Wheat firm st SI.6s01.72.
Corn 446 45c. Rye S3c. Barley firm.
Oats steady at 42648c. Eggs 12a01Sc.
Butter 20635c. Provisions firm. Pork
sales at 1896. Lard quiet; steam &c; kettle
95c. Bulk meats steady with good demand
futures; shoulders &c; sides held at pc for
clear rib; clear 93c. Bacon firm and
good demand shoulders Sc. Whisky firm
st SIC.