Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-03-12
MARKETS By TELEGRAPH.
the Cotton Markets.

| 4MC OO1S0A 1A0EEA0e4a
NEW ORLEANS, March 11.-Cotton dali;
sales $500 bales; good ordinary, tic; low
middlings 1910; middling 1890; mid
ding Orleans, 19kc. Receipts $500 bales.
Exports to BarcelOna545 bales. Stock
1925 bales.
CHARLESTON, March 11.-Cotton easier;
middlings 19c;l low middlings 1Sac; good
ordinary TIC; ordinary 16In17c; net re-
ceipts ], 146 bales; sales 100 bales; stock
36,223 bales.
MOBILE, March 11.-Cotton weak and
irregular; middlings 1890; low middlings
1Sc; good ordinary Tic; net receipts 400
bales; exports cosstwise 229 bales; sales
500 bales; stock AZ, C66 bales.
GALVESTON, March 11.-Cotton weak;
good ordinary 16c; ret receipts 1,S74 bales;
exports TO Great Britain l,016 bales; coast
wise $50 bales; sales $50 bales; stock TO-
Gil bales.
SAVANNAH, March 11.-Cotton quiet;
middlings 10 &c; net receipts ], 476 bales; ex-
ports to GIe4t Britain 1852 bales; to the
continent 21 bales; sales 1902 bales; stock
SO, G21 bales.
New York Money Market.
NEW YORK, March 11.-MoneY contin-
ues close and ranged to-day from 1-6 to
1-64, with exceptions at per cent, closing
at 701-32. An announcement was made
late in the afternoon that Secretary Bout
well.has commenced drawing on his $44,-
100000 reserve, and indications are the
gold sales will not be increased, and that
purchases of bonds will be suspended for
the present. Sterling opened higher but
closed at 7568. Gold quiet and steady at
11561154, closing at 11550115t. Loans at
6 per cent. to ga for carrying. Clearings
one hundred and twenty-nine million
doIlrrs. Treasury disbursements S67, 900.
Governments dull but strong. State bonds
dull with Tennessee very strong, Railroad
bonds in good demand. The stock market
was quiet throughout the day with no fea-
lures of Importance except Pacific Mail
Rhode Island; prices generally rendered
higher during the morning and lower IN
the afternoon, under reports that Boutwell,
would likely be defeated for the Senate, but
late dealings were attended by a recovery
owing TO tee annouuc 5ment in regard to
the treasury, and news from the Massachu-
sets Senatorial election which it is believed
indicate choice of Boutwell,, and that Judge
Richardson will succeed him in the Treas
ury. Under these influences the market
closed stron@ Pacific Mail advanced from
81 to 81, but fell to 60S at close. Rock Is
land advanced from 1155 to 117s, reacting
to 1165. 1t is reported that the Erie and
Hartford and Erie companies have perttcs-
ed joint arrangement to contest fore
closure of the latter under the Berdell mort
gage. Stockholders and bondholders out
side of the Berdell mortgage have agreed
to a recapitalization of their interest at 90
per cent OF the present nominal value if the
company is reorganizsd. 1t is also report
ed that the company can obtain a loan Of
ten millions in Europe if reorauization is
perfected without the Burden mortgage.
kilograms from Amsterdam and Frankfort
report depression in American railway
bonds, and a decline of 56l0 per cent on
The poorer class within fortnight.
New York Dry Goods Market.
New YORK, March 11.-There was only
a moderate business transacted by jobbers
to-day, but commission houses dealing in
domestic cottons, prints and sha Wis, were
fairly active. Low grades of brown sheet
ings are dull, but all other makes are brisk.
Fine bleached shirtings active and are
closely sold up by agents. Prints lively in
first hands. Ginghauns meet with liberal
rates and some makes ara scarce. Woolens
are lot very inactive. Foreign fabrics
quiet, except dress goods, which move more
freely. Ribbons are selling largely at auc-
ton, but at low prices.
New Orleans Markets.
NEW ORLEANS, March 11r-Flour dull
and lower; double extra $500; treble ex-
ira S7.75I$912!; family $I0.50610.75.
Corn easier; mixed Toe; yellow re; white
73c. Oats easier at 46048c. Pork frmer
held at SIPS. Molasses in fair demand;
centrifugal 45c; cistern bottom 40G62c; fair
fermenting soc; premium fermenting 60c;
others unchanged. Sterling 24aa; sight
premium. Gold 114s.
Chicago EzaEketB.
CHICAGO, March 11.-Flour steady and
Wheat quiet and firm at $1.22
cash; S1.233 April; S1.27 April. Corn
quiet, 32sc March; 33s623ac fresh; $500
54c April; 363636sc May; 3746375e June.
Oats dull at 26a0265c, regular frensh; 27c
April; soc May. Barley quiet and firm at
&c cash; &c April.