The Daily Nashville true Whig. [volume] (Nashville, Tenn.) 1851-1855, 1855-10-17
Commercial.

BREADsTUFFs.-The Baltimore Patriot of Wed.
nesday evening, the 10th inst, says:
Our commercial column thus far in the week has
shown quite large business in bresdstufs especi.
ally -four. About twenty-five thousand barrels of
-four were bought since Monday, at prices ranging
from $50 10 $3.50 per bbl, closing to day at an
advance in the week of 80 to 62tc. Sales of wheat
in the same time have also been quite large at an
average advance OF about IL cents per bushel II
is generally supposed that the -four was bought to
fill French and other foreign orders.
The same paper Of Friday afternoon says there
had been an active movement in -four and wheat.
and that the prices of both had advanced prices for
the former ranging from sS.62i to S. 9Sa, being an
advance of 75c to 81 during the week.
The New York correspondent of the Philadelphia
Inquirer, writes on the evening of the Sth:
Nearly So 900 barrels of -four, and over 200 900
bushels of wheat changed hands to-day. Nearly
all the wheat and more than one-half the -four was
bought by one broker, the same party that bought
so largely Saturday last. By some il is supposed
that the stuff is for the French Government while
Others confidently assert that the English Govern
ment have orders in market for 1000, 900 of
bushels Of wheat, and 500,O 600 bbls of -four
third party insists upon it that the purchases are for
the Sandman Government. How il will end no one
present pretends to say but there is no question
bat there are large orders here for breadstus to 90
abroad-to what country does not at present salts.
factorily appear.
The New York Express of the 9th, states that
the sales of breadstuis in that city on the day pre-
vious, sum up something as follows
81 900 bbls -four a. an average Of 30 - per bb S4s
$4,000 bushels wheat at say 80 per bushel, 100000
$1,000 bushels rye at ~ IL per hushel, 1850
10000 bushels corn at 30 cents per Oushel, 2s40O
Total, TII1IIO
The Express says the bulk Of transactions are un.
derstood to be on British and French Government
account though it is beginning to be equally well
understood that a considerable proportion Of -four
and wheat are purchased on speculation, in the con-
hdent expectation that prices would advance, which
that paper, however, does not anticipate The Times
of the 10th, says;
lae gram and -Four movement at present over.
sbHd0"s both the stock and cotton market The
transactions on the Corn Exchange since the arrival
OF the steamer Paehc, last week, have been enor.
mously large, and the excitement intense ON Satur
day and Monday. There was calmer tome in ,hs
market to-day caused by the temporary withdrawal
of a leading broker, who had been the heaviest
buyer Tor English account An agent of the British
purchase
of -four for the army in the East and TO his orders
the trade attribute the movement referred To- Itjs
understood that Grinnel, Minturn Co act as prin
cipals 70 these purchases There are a variety of
buyers ia the market for France. The Greek firms
in this city were the earliest to move in grain and
-four this season. and they have had their agents ia
Buffalo, oswrgo, Chicago, &c, for tour or five
weeks past They are among our strongest and
shrewdest foreign merchants, and generally move
together or Ia the same direction. The amount Of
foreign exchange nov making against these opera.
tious Is unusually large and the mail which leaves
in the Boston steamer Tomorrow, will, in conse-
quence, be the heaviest sent out for some months
past One Of the leading bill houses bought yes.
terday and this forenoon nearly million OF dollars
Of which 100000 was in sterling. The rates
ranged lO9tal0sf on London; b.2oa5 Is on Paris.
The banks at the west sending forward very
heavy remItsnces 10 short domestic bills, made on
New York, against grain and -four.
The State Of the New York aour and grain mar.
ket on Friday, the l2th, is reported as follows:
Floar--The transactions in Hour TO day have only
been TO limited extent, aud prices Of common and