Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-09-21
MARKETS BIZ TELEGHAPa
The oottoa zsmrke4s.

LIVERPOOL, Sept. 20 - Cotton dull;
middling upands ga; middling Orleans
gid. Sales 10000 bales; American 6,10O
bales; speculation and export 1000 bales;
sales of uplsnds On basis Of low middlings
September, October and November de-
livery $3.50; dc.
NEW YORK Sept. 20.E-Cotton In Ii
mited request; new middling uplsnds 1870;
futures closed steady; Gales of futures
81, 100 bales as follows: September 1870;
October 17s617 11-16 C; November I7s
6l3 7-l6c; DecebeI 17S617 7-16.
NEW ORLEANS, Sept. 20-COttOn mar
ket unsettled on account Of New York ad-
vices; prices irregular and lower; strict Or
din&rj 15617c; low middlings to strict low
middliDgs 186194c; sales Ats bales; re-
ceipts $50 bafes; no exports; stock 8,015
bales.
LOUISVILLE, Sept 20.-Cotton is dull;
low middlings TIC.
ST. LOUIS, Sept. 20.--Cotton Is dull;
new 49,
CINCINNATI, Sept. 2O.-Cotton is dull
and nominal at 1896 for middliDgs.
Foreign Markets.
LONDON, Sept. 20, 3 P. M Consols
for money 923692ss; on account 923692ss;
5-2O's, IS, 95a; do. '67, 95t; do. 1O-4O's
903; new 5-20's 9sl; Erie 40. The news
received by cable from New York this
morning caused better feeling in American
securities. Rate of discount in open
market for three months bills is 2 1916
per cent a 1-16 below Bank of England
rate.
PARIS, Sept. 20.-Reutes 57f 171c.
Nav Work ETox,av NEavhaH
NEW YORK, Sept. 2O-Money is hardly
quotable, loans having been reported this
afternoon all the way from per cent per
annum to l per cent per day. No bank
statement has cen issued up to this hour
e NY Sterling is too unsettled 70 quote.
Gold opened at 111561114, advanced to
112ss and closed at 1l156112; loans of gold
were made at 5a6a7 per cent gold per an
mum and 1-16 to ! until Monday for carry
| ing; no cleariDgs to-day; the Assistant
| Treasurer disbursed S224O0O Exports for
the week were $4,000. Governments were
nominal; the stock in the market is very
small and the bonds are very generally held
| by those who are not stressed lor money,
and who particularly at such time as the
| present cling to their bonds as security
| which nothing can seriously impair. No
business in State bonds There was bet
ter feeling in the stock market at the open
| ing, arising cut of tbe announcement that
the Treasury would buy ten millions bonds
| at noon to-day. There was an improve
ment of 2 to per cent in values, and great
hopes were entertained that the end had
been reached.
But these hopes were soon destroyed,
when it was announcer that the Union
Trust Company had decided to stop until
Monday. The institution has had very
large offers of assistance snd its officers be-
lieve that they can resume business OF
Monday. The suspension of the Trus
Company was followed by the bank of the
Commonwealth which closed its doors al
an early hour. The excitement and panic
which followed the suspension Of these in
stituticns is beyond description. The Stock
Exchange resembled mad house and The
streets were blocked with people all labor-
ing under great excitement and frenzy
Prices tumbled from 2 to Is per cent anC
stocks were slaughtered without any ap
parnet regard to values, when cool mind
suggested the Vienna plan Of closing The
Exchau1e, snd all dealings on the streets
were prohibited on penalty Of expulsion AM
therefore no busineFs was transacted subse
quently.
The following are the quotations In stock:
as near as could be ascertained up to thS
time to the exchange closed. Canton, %
Delaware, Lackawana and Western, 49,
Erie cash 513; Erie preferred 6; Harlem
cash l03; Hannibal and st. Joseph % J
Lake Shore So; Michigan Central 50; New
York Central and Hudson, cash, Oh; New
| TUaoforV, aooh IN
Northwest, preferred, cash, 20; Ohio 900
Mississippi, cash, 27aa; Pacific mail, cash, .,
Pittsburg, so; Panama, 90; Rock Island
cash, SO; st. Paul, cash, S2ss; Union AM
Pacific, cash, Is; Wabash and Western
cash, A; Western Union, cash, 55!!; Adam
Express, IS; Wells, Fargo & Co., 81; Con
solidated Quicksilver Mining Company
Columbus, Chicago aud Indiana Central
cash, 10.
The number of shares sold between Il
and II O'Clock amounted to 129,255, dl
vided as follows: Western Union 347OC
Union Pacific, 1920, Pacific Mail, 10. 700
Ohios, $500, Central, 1879, St. Paul
5000, Lake Shore, 2,300, Harlem, z,
400, Panams, 800, Hannibal and st. Joe
800, Erie, 5000, Delaware, Lack, AM
" estern, 2,1OO, Rhode Island, 300, Co
lumbus, Cleveland and Indianapolis, 3,OVU
The extent of shrinksge in values, is
follows in some of the leading shares: Han
lem, 800 per cent, Western Union 80, Pan
anna, 80, Wabash, %, North sestern Com
mon and Rhode Island 19RG19, 81. P-u
Common, United States Express Company
and Canton, 176155, Hannibal and St. 10
shares, and Wells, Fargo & Co 14a614
Lake Shore, New York Central, Ohio an
Mississippi, St. Paul preferred, G. G. and
c., Delaware, Lsck. and Western and cor
solidation coal II to 10.
y The following table shows the extrem