Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-09-26
nARKEFs BIZ TELEGRAPH


The Cotton EaEkets.
LIVERPOOL, Sept. % - Cotton easier;
middliDg upands SEn9d; middling Orleans
95694d. Sales Il, 900 bales; American 5000
bales; speculation and export 1000 bales;
sales of uplands on basis of good ordinary
shipped October November sgd; sales of
Orleans on basis of good ordinary October
and November delivery S15-16d; sales of
uplands on basis low middlings October and
November delivery 1864,
NEW YORK Sept. 25-Cotton lower and
irregular, limited demand; middling up
lands TIC; sales of futures 2,100 bales as
follows: September 165616 15-16c; Oc-
tober 16s016 1890; November. 17617
Lee; December II 1-166174c; January
174617 5-16c.
NEW ORLEANS, Sept. 25-Cotton quo
tati0ns nominal; sales 1,219 Oales; all sales
payable III certified checks; ordinary lie;
good ordinary 151c; low middlings 1910;
middlings II; good middlings 1Sc; receipts
2,165 bales; no exports; stock IA, 404 bales.
MEMPHIS, Sept 25-Cotton receipts for
the past day AZ bales; shipments for the
last "a hours 655 bales; stock 1890 bales.
LOUISVILLE, Sept 25-Coston is nominal;
low middlings 164c.
ST. LOUIS, Sept. 25.-Cotton is dull
and prices nominal.
CINCINNATI, Sept. 25.-Cotton is en-
tirely nominal.
Foreign Markets.
LONDON, Sept. %, 5 P. M Consols
for money 923692SS; on account 923a692ss;;
5-20's, '65, 95S; do. '67, 95S; do. 10-40's
9Os; new 5-20s 9l4; Erie AL. Amount
of bullion gone into the Bank of England
on balance to-day f72,0O0. The rate of
discount in the Bank OF England has been
fixed at per cent. The bullion in Bank
Of England has decreased $4,000.
Rate of discount in open market for three
months bills is 4 per cent. Rate of money
at the Stock Exchange on Governments is
% per cent.
LIVERPOOL, Sept. 25-Breadstuffs are
quiet.
FRANKFORT, Sept. %. - 5-20's, 1862,
961c.
PARIS, Sept. 25.-Reutes 57f sc. The
amount OF specie in the Bank OF France has
increased 100000 francs during the past
week.
ANTWERP, Sept. 25.-Refned petroleum
Aft.
New York Money Market.
NEW YORK, Sept. 25.-The banks to-
day in the Clearing House Association are
pooling their legal tender notes as provided
by Yesterdays resolutions. One or two,
which stood exceptionally strong, refused
at first to put their legal tenders in, but con-
Guided to rather than be expelled from the
Association. Loan certificates were made
by the Clearing House to-day to the extent
of about 100000. Greenbacks are still
worth premium and sales were made to-
day all the way from to IL per cent. for
certified checks. The dead lock in foreign
exchange is now the greatest point of dan
ger, as it involves our foreign trade, but ev-
cry department of domestic trade from the
shipper of produce from this port TO the
grower of grain at the West, or of cotton at
the South give signs of encouragement.
Aside from this the banks are gsining in
deposits and their machinery for going
through the crisis is working satisfactorily.
Foreign exchange while nominal, sold at
1O501055 for prime so day sterling, and at
lO5I6I06 for cable transfers and 1O26104
for commercial bills. The custo.n receipts
were S245, 900. There was fl degree Of
activity in gold, and the price iuctuated be-
tween 111J and 11ls, closing at 111s. The
rates paid for carrying to day were 8, 8, 6
and 7 per cent and fiat for borrowing. The
clearings were S2s,OOO,OOO. The Assistant
Treasurer disbursed $4,000. No sales of
government gold to-day. Further amounts
of gold are reported to be on the way from
London here. In all it is estimated that
$1,000, 900 gold have already been shipped.
No transactions in governments.
It has been suggested that the Stock Ex-