Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-12-19
MARKETS By TELEGRAPH.
me Caftan Markafu.

4 AA<AAsnGLO d. 1E1xELNffkAHH,
The Cotton Markets.
: LIVERPOOL, Dec. 1S.-COttOn is quiet
ding Orleans I'D. Sales 1900 bales
J American 100 bales; speculation and ex-
port 1000 bales. The sales Of the week
amounted to $1,000 bales; exports for the
week 1000 bales; speculation 5000 bales;
stock in port 531, 900 bales, Americanl5O,-
!. 900 bales; receipts for the week 1900
bales; American 4, 900 bales; actualexports
5000 bales; stock afoat for this port 476,-
600 bales, including 364, 900 bales Of Anne
rican.
NEW YoEK, Dec IS.-Cotton was quiet;
middling upland 145a14lc. The market for
futures closed strong with sales of 4O.3OO
bales as follows: December delivery 14e
and nominal; January delivery 14sa14 5
&c; February delivery 149-16a14 i9-S2aG
March delivery 1880; April delivery
Is 1l-32z15ic; May delivery Is 1I-l6c:
June delivery Ice; July delivery 161a16 5
16c; August delivery 1896.
NEW ORLEANS, Dec. Is. II Cotton
demand active and general; sales 1850
bales; prices are showing some irregluari-
ty but generally steadieI and firmer; good
ordinary to strict good ordinary 12Sa13fc;
low middling to strict low middling I33
a12se; middling to strict middling 13sa
| 14sc; good middling to middling fair IA
a15tc; receipts Is, 40 bales; exports to
| Great Britain 9,9T4 bales; eoastwise 1850
bales; stock 202, 252 bales; unsold last
| evening $500 bales; on shipbOard 1l2,OOO
bales. Weekly sales $500 bales; weekly
net receipts $685. bales; gross receipts
6S, 758 bales; exports to continent 1858
bales; to Great Britain 1851 bales; coast
wise 2,0e3 bales.
MEMPHIS, Dec. lS.-Cotton steady; mid
ding 13ta133c; lower to sell; receipts g.
600 bales; exports 800 bales; stock o.
800 bales; sales 1000 bales. Receipts for
the week 20,071 bales; exports for the
week 14,09S bales; sales for the week l3,-
coo bales.
GALVESTON, Dec. 1S.-CottOn quiet and |
unchanged; midding 13Ee; low middling |
13sc; good ordinary 12Sc; stock s7,3S7 |
bales. Weekly net receipts 20,693 bales; |
gross receipts l,1S6 bales; exports to
Great Britain II, 4S3bales; to continent |
ABB bales; eoastwise 1889 bales; sales
10,7S6 bales.
MOBILE, Dec. 1S.-Cotton steady; mid
ding 131Ia13Ec; stock 63,6e4 bales. Weekly /
net receipts ZIG bales; gross receipts /
q, 19l bales; exports eOaStwise 1O,S9S bales;
sales 1900 bales.
SAVANNAH, Dec. IS-Cotton is firm;
middling 13ie; low middling 1870 good
ordinary 12.c; stock 104.4 53 bales. Weekly
net receipts 13e,615 bales; gross receipts
30,615 bales; exports to Great Britain IT,
24S bales; to France 1916 bales; channel
1925 bales; eOastwise $3.50 bales; TO con-
tinent LAPS bales; sales 9,47O bales.
CHARLESTON, Dec. 1s.-COtton frmer;
niddling 1870; low middling 1915; good Or
binary 12sc; stock 60,970 bales. Weekly
net receipts 22,3e6 bales; gross receipts
q, 1855 bales; exports to Great Britain
6,T95 bales; to, France 1878 bales; to con-
tinent 322 bales; coaStwise 1894 bales;
sales $500 bales; 2, 100 bales burned were
taken out Of the stock.
ST. LOUIS, Dec. 1S.-COtton firm and un-
changed; good ordinary l2sc; low middling
13e; middling lSie.
LOUISVILLE, Dec. 1S--Cotton quiet and
unchanged at 1870.
CINCINNATI, Dec 1s.-Cotton steady at
1880.
Foreign Markets.
LONDON Dec. Is, 5 P. M.-ConsOls tor
money 91ts913; for account 92s92t. ex-in-
terest; United States SOS OF '65, 1864; do.
1867, 1864, ex-; 1O-40's 104; new IS, los;
New York Central, SO; Erie, 25; do. prefer
red 3S.
LIvERPooL, Dec. 1s.-Breadstufs are
quiet.
PARIS, Dec. Is.-Rentes elf. 55c.
New York Money Markes
NEW YORK. Dec. IS. = Money af1er
leaning at 5 per cent. closed at 4a43
per cent. Prime mercantile paper was CAL
per cent. Foreign exchange was steady at
S44a4S4s for prime bankers sixty days
sterling and 4S9sa490 for demand. Gold
closed at 1115 after selling at lll4all1s-
The carrying rates were 3 and per cent,
and 1-64 per cent. per day to flat for borrow
ing. The Customs receipts to-day were
$4,000. TIE Treasury disbursements
were S214,0OO. The clearings to-day were I
s29, 100000. The imports of dry g, IDS
for the week were 81, 45T,291. The
specie engagements for to-morrow'S steam
er are s., 10000. Government bonds closed
strong at the highest point Of the day.
Railroad bonds were firm except North
western and Wabash. State bonds were
quiet and steady. The great feature Of
Wall street to- day was the depression and J
general decline in speculative values. On
Stock Exchange there was a steady stream
Of long stocks which poured on the market
with a sharp pressure TO sell Wabash which
declined per cent, and dragged down the
entire list with it. The market opened
weak and prices declined sharply under
arge offerings, Wabash, Northwestern,
Pacific Mail and Western Union leading
he decline. Later there was a slight rally.
After call the market was weak, Wabash
selling down TO 253; do. preferred 374,
decline of 81 per cent from yesterday; and
Northwestern TO 454. There were con y
siderable sales, sellers options, Of Western :
Union at per cent below the regular :
price. During the afternoon the great de- )
preston in Northwestern broke to AL;
Wabash went of to 20; Pacific Mail to 375; 2
Ohios declined to 29.; Union Pacific 10 343
md Western Union to S1s; Michigan
Central sold down to 80 and Lake Shore
ouched 49,. At the close the market raj 0
led from I to per cent, under the infiu- :
nee of large purchases to cover short sales. h
AZ times the dealings were attended with c
.reat excitement and large blocks Of stock I
we're thrown overheard. The decline in :
n Wabash gave rise to much gossip and
he finance Of the companies were freely
discussed. Wabash bonds declined heavily, =
irst selling down per cent. to 81; second,
o 6S; and first st. Louis division to 81.
Yearly 100000 bushels Of grain is in
tore here, of which nearly 5000, 600 BUSH
is are wheat
The sales at the Stock Exchange between
en- and two o'clock to-day amounted to
$1,000 shares, Of which 5000 shares were
Pacific Mail, 5000 Western Union, 49, I
90 Northwestern, common, 1900 Lake
'hore, $1,000 Wabash, $4,000 Union Pacific, {
/ 900 Rock Island, 5000 st. Paul and H.
90 Erie,
Sterling Exchange.-Bankers Bills 1854.
United States coupons Of 1881. 1901;
-2Os Of 1852, 1873; do. Of 1854, 1854; 40. 1
{ 1855. 1174c; d.. new 1874; sos Of 1867;
20t; United States coupons Of 1868. 1904; A
,auT fvss 1l3I. IO-zOa ia. eI1rrenr.v arxs-s II