Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1874-07-02

| quiet. sales 1,JOO bales, good ordinary
to strict good ordi1sary 14sa15sc; low mid
dlingto strict low middling 15la16fc; mid
ding TO strict middling 163a1T5c, good
middling 1Sa1s3e. Receipts 500 bales;
exports coastwise 1866 bales; stock 40, 440
bales.
MEMPHIS, July Cotton steady; mid
ding 16aa16sc; receipts foi the past day
222 bales; shipments for the past twenty
four hours $40 bales; stock 1875 bales.
CINCINNATI, July Cotton dull but
unchanged; 1879.
ST. LOUIS, July Cotton dull but
unchanged.
LOUISVILLE, July 1.-COtton quiet and
unchanged at 16sc.
Foreign Markets.
LONDON, July l., p. M.-Consols
for money 92sa92ss; account 90 sa92k. Uni
ted States 5-20s of '65, 107s; 1867, 1851;
10-40s 105E new IS, 1919; New York
Central, 81 ]; Erie, 20aa3O; preferred 80.
Rate Of discount in open market for
three nonfhs' bills is p per cent, which
is I below the Bank Of England rate.
The amount Of bulliOnwithdrawn from the
bank of England on balance to-day $780,
0OO.
LIVERPOOL, July 1.-Breadstuffs are
quiet and unchanged.
PARIS, July 1.-Rentes 59f roe.
FRANKFORT, July 1.-5-2Os Of 1852,
97..
New York Money MarkeG
NEW YORK, July Mooney Sal per
eent.on call. Prime mercantile paper is
5ia65 per cent. Sterling Exchange was
quiet and firm at 4S71a4SS for 60 days
and 4903 for sight. Gold ranged at 1101,
The rates paid for carrying were LAP per
cent; loans fat. The customs receipts
were S25S,0O0. The clearings were SS0,-
100000. The Assistant Treasurer dis
bursed S5,S12,OO0 gold for July interest,
$4,000 for called bonds, and S725,OOO cur
rency. State bonds were quiet and nOmi-
nal. Railroad bonds were firm. Govern
ment bonds were weak. The Atlantic and
Great Western railway defaulted to-day on
the interest Of consolidated first mortgage
bonds. II is proposed to fund these cou-
pOnS until the net rentals under Erie lease
can be applied to their payment. The In
dianapOlis, Bloomington and Great West
ern company also defaulted, and California
Pacific on extension bonds, though it paid
on other issues. Stocks were weak early
in the day with decline of 1a1k per cent
with subsequent recovery Of saS per cent,
which in return was lost at the close on
announcement Of railroad interest default
ers and another suit against Erie by John
q. Angel. The latter stock fell from SO
to 81, and Angel makes charges substan-
italy the same that formed the subject of
so much comment in the past which were
pronounced by the officers Of the company
to be without foundation.
The following were the sales Of the most
active stocks: Western Union $4,000, Pa
cific Mail 1900; Erie 21,0O0; Lake Shore
$1,000; Union Pacific 1900; Northwestern
5000; Rock Island 5000; ST. Paul 1000,
and Wabash 1900. The market closed
active and weak.
Sterling Exchange Bills 1881;
United States coupons Of 1881. 117s;
5-2Os Of 1852, 113ss; DO. of 1854, 116s; do.
Of 1866, 117s; do. new 1905; 5-20s Of 1867,
1175; United States coupons Of 1868, 1165;
new fves, 113;;s 1O-40s, 1135; currency skies
11js; Missouri State bonds 81; Tennessee
old So; do. new 81. StOCbs-Western
Union Telegraph 74t; New York Cen
trsl 90; Erie 81 s. do preferred IS.
New York Dry Goods Market.
NEW YORK, July There was a fairly