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The Athens Post
Athens, Mcminn County, Tennessee
What is this article about?
Liverpool economic update via New York, Aug 14: Cotton sales totaled 69,000 bales for the week ending Aug 2, with prices for Orleans Fair at 9d and Middling at 9.5d. Breadstuffs steady, provisions inactive. Bank bullion increased by 7.6 million pounds, interest rate reduced to 5%. Starke won the Goodwood Cup. Steamers North Briton and Edinburgh arrived.
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Breadstuffs steady, Provisions inactive. Bullion has increased in the Bank 7,600,000 pounds. The Bank rate of interest is reduced to five per cent. Starke won the Goodwood cup.
The Steamers North Briton and Edinburgh had arrived out.
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Foreign News Details
Primary Location
Liverpool
Event Date
2d August
Key Persons
Outcome
cotton sales: 69,000 bales (speculators 12,000, exporters 9,000); friday sales 6,000 bales, quiet; orleans fair 9d, middling 9 1/2d; breadstuffs steady; provisions inactive; bullion increase 7,600,000 pounds; bank rate 5%; starke wins goodwood cup; steamers north briton and edinburgh arrived.
Event Details
Steamer Nova Scotia brings Liverpool dates to Aug 2: Weekly cotton sales 69,000 bales, with speculators taking 12,000 and exporters 9,000; Friday sales 6,000 bales, market closing quiet. Orleans cotton prices: Fair at 9d, Middling at 9 1/2d. Breadstuffs steady, provisions inactive. Bank bullion increased by 7,600,000 pounds, interest rate reduced to five percent. Starke won the Goodwood Cup. Steamers North Briton and Edinburgh arrived out.