Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1873-04-17

Market finally rallied to q considerable ex-
tent from its extreme depression aud closed
quite steady, with indications that the
worst Is over. 1t Is the general belief that
the financial storm will clear the atmos-
phere, and that Wall street Is on the eve of
better condition of affairs. There are
many complaints at the persistent action of
certain street parties on the usury
matter, and the claim is that but
for their Intervention the panic Of
to-day would not have occurred.
Money was scarce and dearer to-day. Early
business on call was at las per diem, but
during the evening the rates advanced to 5
al, and after O'Clock dealings were at
and per cent; just before o'clock the
rate fell to Z per cent. The Express Con-
panies received 81, 10000 to-day. The
outstanding legal tenders show a decrease
OF 100000. Foreign exchange heavy and
sales made for cash from u down to Z for
to-day's sterling and s. to II 1915 for sight,
while cable transfers were ordered at 81,
cash, for tomorrow. Gold was dull early
in the day and fell to liz, afterward be-
came frmer, rising to 117s, and finally de-
clined to 11746l17s. Loans at 2N5 per
cent. for carrying and fat fer
borrowing. Clearings S124,0O0,0 900, dis
bursements $4,000 Customs re-
ceipts $4,000. Treasury sells $780,
600 tomorrow. Governments dull and
heavy, closing feverlsh. State bonds neg
lected during first half hour of business.
On stock exchange an advance Of 16s per
cent was made and market firm, but q free
selling movement prevailed az first board,
and prices by noon were slightly lower.
During the second call the market was
very much excited, and prices rapidly de-
clined from to nearly per cent. West
ern Union to 70, New Yew Centralt to 97E,
Lake Shore to S8aa, Pacific Mail to 531.
Erie to 63s, Rock island to 1045, Wabash
TO 81, Union Pacific to %, Ohios to 4O5.
and @. q. l. to 352, Harlem to 1.20 and St,
Paul to 81; subsequently there was arecov-
cry of 164a per cent, chilly in stocks above
mentioned, and the market closed quite
strong. At the meeting here to-day of the
directors Of the Columbus, Chicago and
Indiana Central Railroad it was
determined to enter into arrangement
to secure at its full share of business of
all connecting lines east and west, the con-
tract with the Hacking Valley road, was
also perfected, making the c. G. and 1. G..
an important railroad, 81, 1920 cancelled
gold certificates were sent TO Washington
to-day.
Sterling Exchange Bank Bills 1919.
U. s. coupons, 1881, 118s; 6-2Os of 1862
1851; do. "a, 1864; do '65, 11S5; do. new
115a; do. 1857, 117i; do 1868, l155;
new SIS, ia; 10-40s, 1l24; currency 6's,
113a; Missouri bonds go. Tennessee, old,
Is; do new, Is; Virginia, new, 43; do. old,
90; North Ca1olins, old, 80; new 16.
Kew York Dry Goods Market.
NEW YORK, April 16.-Trade movement
was only moderately brisk to-day with job
bers and commission houses report quiet
business. The market for cotton goods un-
changed and fairly active for best makes.
Sheetin IS, shirtings and colored cottons,
Broadway brown sheeting show 115c, cot
tonades more in demand and glazed cam
brics mourning freely; prints more active
for white ground fancy and fancy polkas
sheets, dress gods and shawls quiet aud
woolens dull. Foreign goods active. The
Daily Bulletin says some failures among
linen importers are reported: Ribbons,
lsces and French dress fabrics selling low at
auction.
New York General Market
NEW YORK, April 16.-Flour dnl
and heavy receipts. 1900 barrels super
ine Western and State S5.90d6.40; COM
mon to good s6.9067.50; good to choice
s7.6568 .25; white wheat extra So. 50610.50.
Rye -four quiet at $4.106S60O; corn meal
quiet. Whisky firm and less active sole;
grain wheat dull and lower. Holders are
disposed to realize and offer freely. Re-
ceipts $4,000 bushels No. Milwaukee
afoat Sl.64; No. 3 spring $1.506155; re-
ected spring 81 45; received Western $1.S0
d1.S5; amber Western S1.90; white West
ern in store S2.10G2 20. Rye dull-West-
ern SIC. Barley-buyers favor Western
S1.00. Malt quiet-Western $1.1061. 321.
Glover seed quie at S16S5c. Timothy
dull at S3.6563.75. Corn firm and
fair demand Receipts 1000 bushels;
new mixed western 6Ss6653c, old afoat
So 666, in store 69a664c; yellow western
64a666c. Oats a shade firmer, moderate
business; receipts g., 900 bushels; new mix
ed western 50N54c; white western 523A
565c; new black western 49653c. Eggs
easier at 17i61Sc. Hay unchanged. Hops
quiet and firm at 40655c. Leather in fair
request, 2SaG31c; orinoco 27c. Wool dull,
33c, Ohio 52655c; Iowa SIC.
Coffee lower, good demand, Rio 1s3c. Su-
gar irregular, fair to good refining 756S5c.
Molasses firm, Cuba Gle, Portarico Coo.
Rice steady at 7s6Sac. Crude Petroleum
l0c, refined 204c. Turpentine quiet, 56ac.
frmer, new mess lac,
prime mess 16a017c. Beef quiet, unchang-
I'd; cut meats, shoulders firmer; short cut
bans lie. Dry sailed shoulders boxed
7G7tc; middles frmer; shoulders 93c; long
clear SIC. Lard firm, western steam 9 Lice;
kettle 9t69Sc. Butter less active, buyers
ravor fair to good western, 90646c. Cheese
steady at 12R6164c.
Niw York Metal Market.
NEW YORK, April 6.-Manufsctured
copper steady; Ingot Lake dull, SAC; cast
pig iron limited request; Scotch 52652ac;
American firm at Acc; bar dull, S1.10; Rus
'ia sheet 166I7c gold; nails unchanged;
ut S565.25; Clinch S6.506725.
Baltimore Markets.
BALTIMORE, April 16.-Flour is in
demand; superfine Western, 81 Is
1900; extra, S6.5067.25; family $1,000
$50. Wheat steady and frm; Western
ed S1.S061.85; amber S1.9061.95. Corn,
mixed Western, quiet at Gle. Oats quiet;
mixed Western, 4S650c; white sic. Rye
luiet. Provisions strong-no stock offer
Dg. Lard frmer and higher at 9694o-
Butter, Western, scaIce-wanted. Whisky
irmer at Ole.
New Orleans Markets.
NEW ORLEANS. April 16.-Flour quiet;
reble S7.006S.00; family $9.00610.50.
Corn quiet at 52655c. Oats quiet at 400
I2c. Bran quiet at 75c. Hay quiet at S24.-
)0625.00. Mess pork steady at S17.25.
Bacon firm at 7aa,G9s,d9sc. Lard un-
hanged; refined fierce g., key 10c. Sugar
iull, fair to fully fair 8369c. Molasses
lull; common fermented 40c. Whisky,
,hoice Western, 93c. Coffee dull at Tia
.93c. Sterling 26s; sight premium.
God III.
Cincinnati Markets.
CINCINNATI, April 16.-Flour frmer
It S7.50d7.65. Wheat quiet at 81. 6561.67.
Corn firm at Ale. Rye quiet at SOC.
Oats steady at 32638c. Barley quiet and
Groceries firm. Oils steady.
Eggs steady at 13614c. Butter steady.
Cheese in fair demand and firm. Provis-
Ons stronger. Pork-sales SIT spot; $1S
buyers for June. Lard very firm; good
'team Ss69ac; kettle &c. Bulk meats
strong shoulders at 63a6lc; clear rib
Iides at ss6sIc, 94c buyer June; &c buy
IT August; clear sc. Bacon stronger;
Iboulders 7567tc; clear rib sides at 950
y; clear at9s693c, Whisky steady at SIC.
U.OuIsvfIIe Markets