Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1875-05-11
MARKETs BY TELEGRAPH.
me Gotten Harkeaz.

LIVERPOOL, May To- COttOn-market
quiet; middling upland I'D; middling Or
leans Sa88d. Sales 10000 bales; American
1000 bales; speculation and exports 1000
bales.
New YORK, May 10.-COtton- market
quiet; middling upland 161a165c. Futures
closed quiet and steady with sales Of 1890
bales as follows: May delivery - I5-I6a15
3l-32c; June delivery Is 15-l6a15 3l-32c;
July delivery Is 5-32a16 3-16c; August de-
livery IS 1~1-S2a16ic; September delivery
10 3-l6al6 Z 32c; October delivery Is 1882
al5ac; November delivery Is 7-16a15 10
32ci December delivery 15sa15 2l-32c;
January delivery l5ia15 25-32c; February
delivery Is 15-16al6c; March delivery 1853
16a164c.
NEW ORLEANS, May 10. - Cotton
demand moderate; sales LOGO bales; prices
irregular with part Of the business at
previous rates but the bulk Of it at &c de-
cline; good ordinary to strict good ordinary
l4a14sc; low middling to strict low mid
ding l45al55c; middling TO strict middling
15aa15sc; good middling TO middling fair
l5fsal6tc; net receipts 2,l05 bales; exports
to continent 3,4O4 bales; cOastwise 4 bales;
stock 114,542 bales.
MEMPHIS, May 10. Cotton market
quiet and unchanged; middling 15a154c;
sales 500 bales; net receipts 22T bales;
exports $50 bales; stock 24,660 bales.
SAVANNAH, May 10 Cotton is dull,
middling l5tc; low middling 154c; good
ordinary 14tC; net receipts 5j4 bales; ex-
ports coastwise PIT bales; sales SO bales.
MOBILE, May 10. Cotton was quiet;
middling l53al5tc; low middling 14fal5tc;
good ordinary 145al4Ic; net receipts 522
bales; exports cOastwise II bales; sales 2jD
bales.
CHARLESTON, May 10.-COttOn is quiet;
middling l5tc; low middling 15Ic, good
ordinary l45al4iG net receipts $50 bales;
exports coastwise 500 bales; sales zoo bales.
GALVESTON, May 1O.-COttOn nominal;
middling 15bc; low middling 14kc; good
ordinary 1890; net receipts 81 bales; exports
coastwise 81 bales; sales 197 bales.
ST. LOUIS, May 1O.-CottOn, was quiet
but prices are unchanged at l4c, 14aal5ic.
LOUISVILLE, May 10. - Cotton is quiet
a. 15fe.
CINCINNATI, Nay 1O.-Cottcn was dull
and unchanged at 155c.
Foreign Markets.
LONDON, May 10, 3 P.M-COnsOls for
money 93sa935; for account 935a94; United
States 5-20s of rs, 1O6; do. 1867, 1O94;
1040's 104; new IS, 1922; New York Cen
tral, 81; Erie, 24s Erie. preferred %.
The amount of bullion gone into the
Bank of England on balance to-day was
f271,0O0.
PARIS, May 1O.-BeDtss 63f. soc.
FRANKFORT, May 1O.-5-2Os Of 1862,
90.
LIVERPOOL, May 1O-Yarns and fabrics
at Manchester are unchanged. Breadstuhs
and provisions quiet and unchanged.
New York Money Market
NEW YORK, Mayi10.-MOney easy at pa
3per cent. Prime mercantile paper was "a
81 per cent. Sterling exchange was dull at
4.S7a4674 for 60 days and 490a490t for
sight. The Customs receipts to-day were
S366,OOO. Gold opened at 1855, advanced
to 1l54 and closed at 115b. The carrying
rates were 1a2 per cent, and loans also
were made fat. The Assistant Treasurer
discussed to-day S4O5, 1000. The clearings |
TODAY were S39,OOQ,OOO. Government
bonds closed steady. Railroad mortgages
were steady except OhiOs and Northwest
ern consolidated which declined to SIC.
State bonds were quiet. The feature Of
the Stock Exchange to-day was Erie which
declined from 20! to 26t. The transactions
were very large and the whole share list
was more or less adversely affected. No
one seems to understand the movement,
but it is traced, as usual, Of late, 10 Gould.
Brokers usually operating for London ac-
count appear to be the buyers at a decline, |
and the following reasons are assigned for
the decline in Erie. The Baltimore and
Ohio Railroad Company are said to have
lowered their rates and through the New
Jersey Southern railroad made a through
connection to New York, and the infer
ence is that Erie will be the road most un
faVOrably affected by this move Of the Bal
timore company. Again, the rumOrs Of
political complication on the other side
have a weakening effect on Erie in London
from the fact that a very large amount Of
the stock, both common and preferred, is
held by foreign houses. The representa-
tives Of the company say the movement is
simply a speculative one for the purpose Of
buying stock. The bids opened at the
American Exchange Bank to-day for the
balance Of the Cincinnati municipal loan
aggregated S4,117,jO at prices ranging from
102 to 1904; the award viii average over
IO3 and interest. Morton, Bliss 4 Co. have
placed upon the market $l,Ge',OO six per
cent. gold bonds Of the Western Union
Company, interest payable i'm september
and principal redeemable in 1900. These
bonds are authorized for the purpose Of
taking up the S~4,49S,90O bonds due in
November next. After the maturing bonds
unredeemed there will be only the bonded i
daht beside the present loan Of Sl.5O0OO0 ;
7 per cent. gold building bonds and E2O6,-
900 bonds Of the present issue recently
taken in London. Bids Of 100 will be re-
ceived up to noon May p, but no proposals
viii be considered under 973 and accrued
interest.
The sales at the Stock Exchange between J
ten and two o'clock to-day amounted to