Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-02-28

The Cotton Markets.

The Cotton Markets.
vERPooL, Feb. 2S.-Cot ton dull
middling upland Gid; do Orleans 9sa10d;
sales 10000 bales; American 5000 bales;
speculation and export 900 bales. Cot
ton shipped from Savannah and Charleston
January and February lid, February
and March 9ad.
LONDON, FEB. 27-Messrs. Marshall &
Sons, Cotton Spinners Of Stockport, have
suspended. Their liabilities are f250,0G0.
The suspension was caused by the bad con-
dition Of the trade.
NEW YORK, Feb. 27.-CottOn in moder-
ate request; middling upland 20ac. Sales
of futures 1880 bales as follows: Feb
ruary 201620 3-16c; March 20 5..16620s;
April 20362011-16c; May 205621c; June
215621 SIG; July q 9-16c.
NEW ORLEANS, Feb. Election sup
ply fair and demand active; sales 1900
bales; good ordinary, 17ac; low middlings
1870; middling 193c; middliDg Orleans,
1890. Receipts S,790 bales; exports to
New York, 215 bales; to Livlrpool, 4,263
bales; continent 4 ,3S8 bales. Stock, 1866
AIS bales.
CINCINNATI, Feb. 27.--Cotton dull and
prices nominal.
LOUISVILLE, Feb. 27.-Cotton quiet;
low middling 18ac.
ST.. LOUIS, Feb. 27.-Co.ton quiet and
steady: log middling Isle.
MEMPHIs, Feb. 27.-COtton dull and
lower; low middling Isle.
MOBILE, Feb. 27.-Cotton dull; good Or
binary 17sc; low middlings 1856lSsc; mid
dlings 1910; net receipts 620 bales; exports
coastwise S8S bales; sales 800 bales; stock
1928 bales.
GALVESTON, Feb. 2T.-Cotton-ret re-
ceipts $50 bales; exports to Great Britain
1,47S bales; coastwise S6S bales; sales L, l56
bales; stock 7,474 bales.
CHARLESTON, Feb. 27.-Uotton dull;
low middlings 16s61S5c; middlings 1910;
net receipts S75 bales; sales 200 bales; stock
37,1S8 ba.es.
SAVANNAH, Feb. 27.-Cotton dull and
nominal; middlings 19tG19sc; net receipts
1880 bales; exports to Great Britain 3,4I2
bales; to the continent 2,130 bales; coast
wise 8, 1C6 bales; sales 424 bales; stock o., :
0S3 bales.
Foreign Markets.
LONDON. Feb, 27.-Consols-money9 25
692sc; on account 92s692se. United
States 5-2Os '65, 9344; do '67, 9344; 10-40s,
S7I. Rate of money at Stock Exchange on
governments l per cent lower than bank
rate.
PARIS, Feb. 27.-Rentes 56f 35c.
ANTWERP, Feb. 27.-Refned petroleum
All.
LIVERPOOL, Feb. 27.-California white
wheat average lis. Sd.6l1s. 3D.; club
Us. 6d612s 10d. Flour 2Ss. 6d.629s.
Corn 27s.627s. Sd.
New York Money Market
New YORK, Feb. 27.-The day in Wall
street opened with considerable excitement
and uneasy feeling, but closed with better
tone and marked recovery from the depres-
sion of yesterday. Reports circulated in
the forenoon OF the embarrassment OF a
prominent operator, understood to be the
President of the Pacific Mail Company,
caused a general calling in Of loans on him,
and also the rapid delivery Of stock to his
principal broker; but he net all his tabili-
Iies-tWenty million dollars-promptly, and
gave unqualified assurance Of bis ability to
meet all contracts TO mature; not single
failure was reported, and an improved tone
set in, lasting until the c.ose. Money was
active and stringent during the greater par
of the day, rate ranging from 1872, and int
terest $40, and interest with few loans at
! per cent. per day; but there was a decid-
ed relaxation before O'Clock, and rate de-
clined to 1-31, then TO per cent. gold, and
finally to 6 per cent. currency with 6G7
per cent. per annum as Inc clos
ing figures. Sterling dull and
heavy at S4sSa. Gold declined from 1l45
to IA, but closed at ll4sal14aa. Loans Z per
cent 3-64 for carrying. Clearings $780,
100000. Treasury disbursements 1886, 70G.
Bids for government gold about foGr mil
lions at ia. 01a1i4. Awards one and
a-half million at 114.53al14.77. Govern
ments slightly easier and less active. In
State bonds Tennessee and South Carolina
look lower; others inactive. Pacific Rail
road bonds moderately active. Stocks ac-
tive and excited throughout the day with
wide fluetuation, though less violent than
Yesterday; market opened unsettled and
feverish, some stocks advancing while others
declined LAD per cent; this was subsequently
recovered, and in some cases the advance
was more than the decline, the market
closing very strong. The Atlantic and
Great Western railroad having secured the
G. G. and &c. road iS,it is said,n quietly
buying up G. G. and Ind. Central, which
viii give them connection not only with
Chicago but other important points in the
West and Northwest. The Hartford and
Erie directors to-day agreed upon pro-
gramme not yet made public. Dan1 Drew
was chosen President Of the Quicksilver
company.
Sterling Exchange-B. B. 1854;
U. s. coupons, 1881, 1874; 5-2Os Of 1852,
115s; do. '54, 115s; do '65, 116a; do. new
1I45; do. 1867, 1863; do 1858, l164; 10-40s,
114s; currency 6's, 1I4!; Missouri bonds
94Ic. Tennessee, old, 80; do new SOC;
Virginia, new, SOC; do. old 43; North
Carolina, old, 80; new III.
New York Dry Goods Market.
NEW YORK, Feb. 27.-Stormy weather
checked business with jobbers to-day, but
commission houses were busy. Cotton
goods very brisk in first hands and firm in
price. Prints active; for chocolates, shirtings,
stripes and percales; polka spot prints get
ting into favor. GiDghams in demand and
look upward; Renfrew & Bates makes are
up to Is; cotton bags frmer in price; for
eign goods quiet. Ribbons selling freely at
auction at advanced pric?s.
New York General Market.
NEW YORK, Feb. 27.-Flour steady for
shipping; superfne Western and State 3. 500
sos; st. Louis Sl.50612.75; Whisky
dull at Gle. Wheat very dull; only sales
No. spring at S1.556$1.56. Rye, barley
and malt unchanged. Corn dull and weak;
mixed Western afoat 65G654c; in store
636634c; new Western mixed and yellow
64665c. Oats more active; new mixed
Western 50G51ac; old in store 516513c;
white Western 51652ac. Eggs, dull at 81
632c. Coffee, Rio $4,000. Sugar active
and stronger; fair to good refining S2694c.