Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1875-07-09
BY TELEGRAPH,
The Octfnn EIarkafr.

me DcGtOn MsEketEs
LIvERPoOL, July s.-CottCn-market
quieter; middling upland I'D; Orleans 7 7
1od; sales 1900 bales; speculation and
exports 5000 bales; American $500 bales.
NEW YORK, July S.-COttOn-market
hrmer at 15ia15se. Futures closed firm
with sales Of 10000 bales as follows: July
delivery Is 5-16a15 1926; August delivery
10 1l-32al53e; September delivery Is Liza
10 3-52c; October delivery IA 23-32c; Nov
em6er delivery Il 19-32al4sc; December
delivery IA l9-32a14sc; January delivery
IA 25-52al4sc; February IA S1-S2c; March /
delivery l5tal5 3-32c; April Is 11-32aI5:c:
May delivery 10 l9-32al5sc; June delivery |
hE1 ORLEANS, July. s. Cotton |
demand moderate; sales $50 bales; prices |
steady, and quotations unchanged good Or |
binary to strict good ordinary 12Sal3c; low !
middling to strict low middling I45al4sc; /
middling to strict middling 155a15sc; good |
middling 70 middling fair 15ia165c; net re-
eeipts j47 bales; exports to Great Britain /
3,5O6 bales; stock S,43S bales.
GALVESTON, July S.-CottOn steady; /
middling l45c; low middling IS3c; good /
ordinary l2tc; net receipts III bales; sales
10 bales.
CHARLESTON, July s. Cotton steady; /
middling 14sa14sc low middling 14Ic; /
good ordinary I3sal3ic; net receipts ri /
bales; exports coastwise 19S bales; sales 90 |
bales.
MOBILE, July S.-COttOn was quiet and
unchanged; middling 14aa14sc; low mid
ding l4c; good ordinary l33c; net receipts
20 bales; exports cCastWise 5l3 bales; sales
| 80 bales.
SAVANNAH, July S.-COtton nominal;
middling 14te; low middling 14c; good
| ordinary l3se; net receipts y bales; ex-
ports cOastwise 220 bales.
MEMPHIS, July s. Cotton - market
steady; middling 14ic; net receipts 40
bales; sales - bales; shipments sos bales;
stock G, l34 bales.
ST. LOUIS, July S.-Cotton-msrket
quiet and unchanged.
LOUISVILLE, July S.-Cotton is steady
at 145e.
CINCINNATI, July s. Cottor-market
quiet and unchanged at 14ic.
Foreign Markets.
IsoDDoE, July s. 5 P. M.-Amount Of
bullion gone into the Bank Of England or
balance to-day fI2T,OO0; COnsoIs Tor money
"a 3-l6; for account "a; United States
5-20s Of IS, 1861; do. 1857. 1861; l04O's
lO45 new IS, 1O33; New York Central, 50;
Erie, 49,. Erie preferred p. The Direc-
tors Of the Bank of England at their meet
ing to-day fixed the rate of discount at 3
per cent.
PARIS, July S.-Rentes 63f. 95E
FRANKFORT, July S.-5-2Os Of 1862,
ssi.
LIVERPOOL July S.-Yams and fabrics
at Manchester are steady. Flour extra
State 22s. Wheat No to l spring IS 5daSs
lid. Con-mixed 32s Cd. Pork-western
Us; eastern SIS. Beef--American 67s
Cd. Bacon C. G. SOS Cd; American 5Ss.
Lard American SIS. Cheese fine Ameci-
can Cos.
LONDON, July S.-Hops dull; the con-
ditiOn Of the crop is favorable with the /
prospect Of large yield. California hops
f6 l0saf7. American States hops rs 15s
af6 IS.
ANTWERP, July S.-Petroleum Psf.
Rev York Money Market
NEW YORK, July S-Money closed
easy at 2a23 per cent Prime mercantile
paper was 3 ia5 per cent. Sterling exchange
was steady at 4,S6ia4.ST for 90 days and
IL ia4SO for sight. Gold opened weak
at 1l6!, declined 10 1I5s, advanced to 1l64,
reacted to 115s and finally closed at 1lG.
The borrowing rates were 81, l-64, l-32
and 6 per cent, loans also were made fiat I
and 2a3 per cent. for carrying at tie close.
The Assistant Treasurer discussed to-day
$4,000. The clearinEs to-day amounted to
SOL 100000. The Customs receipts to-
day were $4,000. The specie shipments =
to-day was S633 357, Of which $4,000 4
was gold. The Assistant Treasurer opened
bids for 100000 gold, the entire amount
bid for was S2,S75,OlO. The lowest bid | I
was 1l5 62B and the highest was Il6.O6.
Government bonds were steady. Railroad
bonds were quiet. State bonds were quiet
except Tennessees which were strong and Z
higher. Business in financial circles was
unsettled this evening by exaggerated re-
ports Of the gold room troubles and bank
fOrgeries and defalcatiOBs in regard to the
gold room. Jacob Ru5iEO, a heavy opera
tor on the bull side, was embarrassed by q
sharp decline in gold, which was followed -
by Washington kilograms about the pur-
chase Of silver, and the reduction in the
Bank Of England rate Of discount, and to-
day when the gold, which he had loaned in :
the market was returned TO him he was
unable TO takeit 10 and make his Ciearings.
Some Of this gold was sold twice, first,
privately, and then, publicly, which &C =
counted for the scarcity Of gold at one time
to-day. The floating supply was small;
about Sl35,0O0 gold was sold out under rule
for Rubins and twenty thousand shares Of
Lake Shore and Western Union, and hence
the decline in these shares. As 70 the
bank troubles, il appears that an individual | 4
named Eccl5s. on Tuesday, cot accOmmO-
datiOn at the Mechanics Banking Associa-
ton in the shape of certified check for SI46,-
to 7I- ms ~ Of hn
Third National Bank, but when the boy =
the check the Cashier Of the
Third National would not deliver the gold ! :,
except 10 the principal and also took pos ID
session of the certified check. The prin-
cipal has not vet been found, and rumor
has it that he has gone to Canada TO see a
sick relative. Ii there was any villainy in
he mater it has been frustrated by the Il
action Of Mr.. Jordan Of the Third Nation
al. The Mechanics Banking Association
has attached the gold held by the Third a
National and there is not likely to be any =
loss. There vas a better feeling on the
street at the close when 10 became known 10
that there was no bank defalcatiOns and
that nothing had been lost. The gold clear
ings were delayed about an hour in couse- Z
luence Of Rubino's embarrassment. Stocks
opened firm but Afterwards fell of on sales
10 realize profits.
The sales at the Stock Exchange between
ZEN snd two O'Clock to-day aggregated IA
300 shares, Of which 5000 shares were
Pacific Mail, 5000 Western Union, ST,OOO1
Lake Shore, and 5000 Northwestern. VI
Sterling Exchsnge-BanEsrs' Bills s.S73
United States coupons Of 1881 1903; 5-zUs;
# 1862 III; 60. Of 1864 1lS5; DO. 1865
l2IJ; do new 1903; U. 5. coupons Of 1867, q
III q; do. Of 1858, 1919; new fves, ISL,
I0-4Gs, 11Sii; currency SKIES 1923; Missouri
State bonds leo. tennessee old 80; a..
lew 495c. StOcks-Western Union Teie- Z
raph 79i; New York Central 1927; Erie
I4.; do. preferred 23t; Atlantic and Pacific
Telegraph %.
Es= York aeaeFas Markets.
NEW YORK, July S.-Floar - market
hull and unchanged; supefne western A.
md State S4.5Oa4.S0; extra Ohio s. OOa7.OO;
st. LOUIS SJ.3jaS.25. Wheat was steady;
No. spring S1.23al.255. No. z Chicago
Il 16a1 II Rive mief. CaUada in boud | =