Nashville daily patriot. [volume] (Nashville, Tenn.) 1855-1857, 1856-06-19
COMMERCIAL.
DAILY PATRIOT OYFICE,
Nash Vile. June 10. 1855,
MONETARY AND FINANCIAL.

MONETARY AND FINANCIAL.
Our market has been extremely duh for the past
week. The recent rains have had tendency to
Frightening up things a little. Money matters, we
think, were somewhat more stringent than last
week, the cause may be attributed in part to the
Banks preparing for their July statements
Our Banks are not doing much in the way of
discounts, and what little they doing, is only
for their particular customers. Paper that finds
its way in the streets, ia pretty badly crippled
when taken up, unless it is a very strong piece.
We quote gilt edged paper, With good backing at
II TO IL per annum, other names at 10 to "a per
annum.
SrOcKs-Remain unchanged from our last quo
tattons. No sales this week that we have heard Of.
ExCHANGE-the demand is good, and in advance
of the supply. Sight Exchange on New York to
Z do. on New Orleans per cent. premium. We
should not be surprised if exchange went up little
in few days, though there is heavy effort upon
the part of the Banks to keep it at its present rate
LAND WARRANTs.-W quote them from S. to
30 cents per acre. There has been small reaction
in Washington aud New York, on account of the
determination Of the parties holding not to sell. So
soon as prices get up 10 STA rush will again be
made Oh the market, and prices will probably drop
down below what they have been during the season.
Business generally for the past week has been
comparatively dull, while on some few articles it
has been than ordinarily brisk this is caused
however, by the seasonable demand for some arti-
Giles, especially Agricultural Machinery. There has
hail of ind in
Nashville during the last ten DAYS than during any
three months heretofore. This promises we'll for
the future, and denotes that we may expect brisk
times when the season arrives for marketing the
crops raised.
The weather since our last report has been very
favorable for growing crops; about rain enough to
keep everything in fine growing condition.
The river since the rain of Tuesday night, mas
raised few inches; but is reported stationary,
with "a inches on the Shoals.
CoTT0N.-Receipts light, prices nominal-we
judge from the receipts that the supply for the pre-
sent season is principally exhausted
OBACCO-Transactions limited and receipts
diminishing. No change from our last quotations.
SUGAR.-StOcks good. We quote an advance
from last week OF to lie. per 10. on \. Orleans and
Havana white, other grades no change.
withdrawing doing. Harvest is now fully
here, and the prospect is good for average yield
in all parts of the country. 1t is difficult to form
any decided and correct opinion to what the price
will be after harvest, but anticipate from 75c. to
81 per bushe. The latter figures we learn have
been offered by different parties. We do not know
Of any, however who willing to engage ct that
price.
FL0UR-From the same cause that governs
the wheat market, report the transactions very
light. The range of Tennessee bring from s. to
SO 80 per Dbl.
BAC0N-A slight advance on sides. Market
gOOd-demand increasing.
WHISKEY.-Advances during the week. The
demand about equal to the supply.
C0FFEE.-Stocks good. Prices looking up.