Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1857-09-26
From a Druggist.
COMMERCIAL.
Monetary and Commercial.

The New Orleans Price Current, of the 10Th inst,
says:
ga very'decidedly increased sringency has been
observable in the money market the past week, the
supply falling far short of the demand, both in bank
out of doors. Negotiations, therefore, are dlhcult
even at higher than have been current for some
time past. We quote for first class paper ll9l2 far
to second class l2915, and for other grades l5@ls
p cent q annum and upwards"
OF the cotton market the same paper remarks:
Our last report closed upon market almost en-
tirely bare of new CROP the very limited receipts
having been taken up about as fast as placed upon
the market, and since then, the receipts continuing
light and far behind former years, the market has
been nearly cleared from day to day, while prices
have tended upward until they have attained an
advance of about 4(94 cent upon last weeks
rates; and this in the face of decided falling of in
the rates of Exchange and great difficulty cannot fail
! TO be felt upon more liberal receipts.
The receipts of -four at New Orleans up to the
l9th has not been so heavy as during the previous
week. but with rather less inquiry for export and
only moderate consumptive demand the tendency
ofprceshas still been downward for all descriptions,
though the close the comparative scarcity of super
fine rendered the market for that description some
what irmer.
The stock of coffee in first and second hands in
New Orleans is about 1l0, 900 bags against $1,000
at the corresponding date last season, with nothing
doing in the market, buyers still keeping back for
lower prices.
The New York Herald says: " 1t has been ques-
ton in several quarters, who will feel the present
financial crisis in the severest manner and what re-
gions will be most affected by it, According to all
appearances the violent fanatics and anti slavery
politicians of the North aad Northwest will suffer
the most by the pressure. All those regions hum
plugged and befogged as they have been by anti
slavery journals and antslavery agitators, will feel
the pinch. Singular to say the Southern States
will hardly be conscious of the storm that is passing
over the financial world"
- Some of the scientific journals of England
disclose the fact that adulteration is there prac-
tced to an incredible extent, in almost every article
necessary for the sustenance of daily lfe and the
New York Journal Of Commerce states that in that
CITY, every means of adulteration is openly sdver-
tsed. or sold, from the production of port wine to
milk. The prevalent rascalty among the inferior
class of traders is ascrbed the example Of frauds
and yillany which have of late been so frequent
among commercial men of high position that PAL
lament at its last session. compelled to pass an
act which provides for the punishment Of the
..Fraudulent Breaches of Trust" and which visits
that class of offenders with great severity.
- The PERKS letter of the Courier dss Etats UHis
under date of September 1st gives very favorable
account from the wine producing districts of France
At Bercy the market is calm, the decline in prices
remaining rather stationary. The tendency, how
ever. is downward, owing to the favorable ntelli-
gence from the principal wine growing districts /;
the abundant rains which fell August Is and 10
having given sufficient assurance of an early ma
turty 1t is highly probable that in some districts
the vntages will commence towards the 18th Sep
tember If the favorable weather should continue,
the quality of the wine of 1857 will recall to mind
that of 1911. From Bordeaux letters were received
stating that the oidium had reappeared in Medoc,
Bourgeois, and in some of the small vineyards Of
Bordelais though the larger ones are most generally
. exempt. 1t is, therefore, confidently estimated
that, in the aggregate the crop Of 1857 will be al
least % per cent. larger than that of last year.
The wine movements were, at the above date, al
3 almost entirely suspended at Bordeaux, and but
very small lots were offered in market.
The Louisville Courier of the oath, says:
The crisis in monetary affairs, together with the
low stage Of the river and enhancement of freghts
has made our market excessively dull in all depart
Is meuts During the week there was some movement
in Breadstuffs which were slightly enhanced, thu
ID buyers being chiefly for the New York market, thu
re shipments being made by railroad The istocks o
almost every article Of consumption are excessively
Ut light and prices fully sustained. This is par
ticularly applicable to Provisions, the stocks o
IS which are well nigh exhausted. As regards hog
for the next packing, we hear of no decided move
n, ment, the feeling at present among packers ant
buyers is decidedly downward, while farmers ar
holding for higher figures. Some few contract
have been made at &c nett for early delivery, bu
at present buyers refuse to enter the market at an
thing like that price. number of contracts 70
hogs for early delivery have been made at Quincy
III at Sc - 100 lbs. 1t is further believed tina
contracts for heavy hogs out at prices as high
ns So 25a6 90 The hog cholera is said to be maxim
" fearful ravages among the hogs all through III
Ii State, extending even to Jefferson county.
The Cincinnati Price Current, of the 23d, says:
IL In the general markets there has been quite re
RI action in Bresdstufs, and material advance ha
~ baen established. The closing prices yesterday an