Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1875-05-29
BY TELEGRAPH.
1he Cotton HIarhsts.

Il
The Cotton Markets.
LIVERPOOL, May 28.- CottCn-market
dull; middling upland I'D; middling Or
leans SaS5d. Sales 5000 bales; American
1890 bales; speculation and exports 1850
bales. Sales Of the week are $4,000 bales;
exports for the week 1000 bales; suecula-
zion 5000 bales; stock in port 96S, 900 bales;
American $4,000 bales; receipts for the
week 1900 bales; American q, 900 bales;
actual exports 1900 bales; stock afOat for
this port 100000 bales. Sales of cotton
forwarded directly from ships side to spiu-
ners 1900 bales.
NEW YORK, May 2S.-CottOn- market
quiet; middling upland 16al6Sc. Futures
closed quiet, with sales of 22,50O bales, as
follows: May delivery IS 25-32a15 27-32c;
June delivery 10 25-32a1j 13-16c; July de-
livery 10 15-16a15 1890; August delivery
| 10 3-32al64c; September delivery 10 I5-I5a
10 1890; Octobe delivery 10 7-IGa151c;
November delivery Is 0-32a15 5-1Gc; Jan
uary delivery Is 13-32a15 l5-32c; February
delivery Is l9-32al5 l1-16c; March delivery
10 2T-S2c; April delivery 10 1-32a16 11-16c.
NEW ORLEANS, May %. - COttor-
| demand fair, but at lower prices; sales !, $50
bales; good ordinary to strict good ordi-
nary l3ta14iC; low middling TO strict
low middling l4kal5c; middling to strict
middling 155a155c; good middling 10 mid
ding fair 10 5al6!c; the decline is acceler-
ated by planters orders to sell before the
| close Of the present month; net receipts
| 322 bales; exports cOaStWise At bales. Great
Britain 4, 400 bales; stock 72,654 bales; un-
| sold last evening 50, 800 bales; on shipboard
26,OOO bales. Weekly sales $3.50 bales;
net receipts 1920 bales; gross receipts 1914
bales; exports TO continent 2,499 bales;
cOastWise SO bales; Great Britain 1917
bales.
MEMPHIS, May 2S.- Cotton market
quiet ; middling 15c; sales 900 bales; net
receipts 81 bales; exports SIS bales; stock
IL, $50 bales.
MOBILE, May 3. - Cotton is quiet;
net receipts 80 bales; exports cOaStWise -
bales; sales go bales; stock 1851 bales
Weekly net receipts 6S4 bales; exports to
continent 1915 bales; cOastWise 1874
bales; sales $3.50 bales.
GALVESTON, May 2S.-CottOn quiet;
net receipts 50 bales; exports to Great
Britain 4,346 bales; coastWise Y bales;
sales 2l0 bales; stock B., ASP bales. Weekly
net receipts s34 bales; gross SIS bales; ex-
ports to Great Britain 434 bales; cOatsWiSe
1916 bales; sales 1915 bales.
SAVANNAH, May 28.-COtton is dull;
net receipts 400 bales; exports cOastwise
6l5 bales; sales so bales; stock IL ,299
bales. Weekly net receipts go bales; ex-
ports to Great Britain 4, 644 bales; cOastWise
2, III bales; sales 9l2 bales.
CHARLESTON, May 2S--COtl0n quiet
and easy; net receipts 1886 bales, Of which
1898 bales were previous receipts, not be-
fore counted; sales 80 bales; stock 10,339
bales. Weekly ne receipts 1914 bales;
exports TO Great Britain 1859 bales; coast /
wise az bales; sales l $50 bales.
ST. LOUIS, May 2S.-Cosson dull and
nominal.
LOUISVILLE, May 2s.-Co4,n quiet at
15!c.
CIECEEATI, May 2S.-Coton quiet and
unchanged at 15.c
Comparative Cotton Statement.
NEW YORK, MAY 2S.-The following is
a comparative cotton statement for the
week ending May >:
1915. 1874.
Net receipts at all ports
O.. S. for the week. lT,4TT 22g2J /
Total receipts 10 date. 3, $50 gO 3,6C2,S4 |
Exports for the week. ASSET 1917 |
Total exports to date. 2, 42g,SST 2,G2S3GJ /
Stock at all United
states ports. I,c-U JZb,J4J |
Stock al all interior
JOWNs. ...ss....s.ss 4l,b-U 5cp'JOO |
Stock al Liverpool. gGS,OOJ $4,000 |
Stock Of American
atiOat for Great Brit
ain................ $4,000 10000 |
Foreign Hsrzots.
LoxDCS, May 2S, . P.H.-COnsols for |
money 81 sa94; for account g35a94; United /
States 5-2Os OF IS, 1861; DO. 1867. 1893;
1O-40's 104; new So, 1927; New York Cen |
Tsl, 90; Erie, 15t. Erie preferred 20. |
The amount Of bullion Withdrawn from the |
Bank of England on balance to-day was |
10000.
PARIS, May 2S.--ReDtes 64E 45c.
FRANKFORT, May 26.-5-2Os Of 1862, !
99E.
ANTWERP, May zS.-Petroleum 1877
LIVERPOOL, May 2S.-Fabrics at Man
chester are dull, but not quOtably lower. |
FlOUr-extra State rs. Wheat No. to |
spring IS 4daSs lid. Corn Bis I'd. Fork |
western lbs Ga; eastern SIS Ga. Lard |
NJ. SIS. Sugar-cured hams Us sd. Chces-
fine American 62s 6d.
New York Money Market.
NEW YORK, May 2S.-MOney was easy
at 25a3 per cent. Prime mercantile paper
D Jas per cent. Sterling exchange was |
frner at S25a4.6I for 60 DAYS, and 4.S95 !
al 90 for sight. Gold was strong, opening |
at ll6t, declining to 116, and closing at
lfs TrN
cent. per anuUm, and 1-G4 per cent. per |
diem; loans were also made fiat. The i'm |
ports Of dry goods for the week amounted |
TO S1,584, 900. The specie shipments for |
tomorrow will probably be Sl2j,OOO. !
The Customs receipts to-day were S263, 900.
The Assistant Treasurer discussed to-day |
$4,000. The cleaTings to-day were S23,-
100000. Government bonds were firm. /
Railroad mortgages were 6rm. State bonds /
were quiet. The Stock Exchange to-day /
was a scene of excitement, and a further /
heavy decline in values, attended with an /
enormous business. The pressure 10 sell /
was great, and at times the market was on /
the verge Of panic. Stocks opened with /
a great depression, and prices declined rap /
idly. Lake Shore led the market on the /
downward turn, dropping from o. TO Jy5 |
under a heavy pressure Of sales. New |
York Central and Rock Island followed, /
the former declining from l02 TO 100, and /
the latter from 1929 10 1907. Western /
Union broke to T2s, a decline Of u per |
cent. as compared with the closing quota j
tons Of Thursday. Erie declined from IS /
to IL; Northwestern from 3o5 to IS; St. /
Paul from 32s to %; Union Pacific from
a. to T3S; Michigan Central from q 70
G}, and Atlanticand Pacific Telegraph from
~ to y. After midday a stsaiier tone
set in, and prices recovered 5lls per cent.
Erie was made scarce, and loaned as high /
as 3-32 per cent. for use. At the final close
the market was strong for Pacific Mail,
weak for Erie, and otherwise steady. The
Erie movement gathered fresh Interest to-
day from the fact that an attempt was made
to exact something for use Of shares both
here and in London. About 4,j0J shares
Of Lake Shore, Western Union, North
western and Erie were sold out under the
rule for the account Of L. WasJbUrn x Co.
and n. Solomon. The sU pension Of the
above firms is caused by losses on privileges
sold. The short interest in the market has
greatly increased the last few days. The
long war between the trunk lines, which
r,osrtI,r contaminated ul4piUo Erie I'm the |