Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-10-24
MONETARY AND OommERCIAL.

. l
me New York Herald remarks that not only were the transae
tons the Board the lh as large any which have
lately been recorded there Indications every side Of
revival Of speculation among brokers wan street opera
tors While se public continues invest literally and
bank stocks bonds The calculation Of bulls Is, that
ina days State ss and ether dividend paying securities
be cut Of the public reaes and that merchants and means
unwilling to allow tr money to remain idle and te@ptsl By The
ease the loan market viii bay speculative stocks fer the rise
aGcsto believe thai any viii buy railroad stocks
investment Even the bulls proclaim their Incredibly in the
ultimate valve Of hiscassOf property Bat they argue that
oneycan be borrowed almost all speculative stocks at
cent very rise would give purchaserof sdeh conrodi.
ties New Central Michigan Southern Preferred Rock Is
land Galena- handsome interest for his temporary invest
ment should this way Of thinking geneaf-and We are
say appears to be epidemic presente result
would Of course general speculation for the rise newt
ably followed within brief period, by general stampede and
! heavy decline 81
The operations at the Stock Board embraced Ohio Is 80
at lO2, aud sE4oodo 81 at 1917 So 600 Tennessee 90,
$4,000 North Carolina 6s 81; Ss o. Missouri 6s at $40
s 5000 Louisiana Is at 95 OO California Is nea s7
$500 Illinois Can Reg bonds, lO 5o0 Virginia S. At 9f1<
$4,000 0. s., IA at lO4, and $4,000 DO 60, at 81. The
rise in State and Bank Stocks Railroad bonds marked.
Aissour rose z< Nor, Carolina es Tennessee skies Cal
Hernia seVen neW ue), r. Louisiana skies steady. The
demand for investment stocks swelled By demand
fer banking purposes in the West f-'
1.-THE Philadelphia Stock Exchange the l9th sixty i've
Planters Bank stock at l03.
Ata meeting Of Directors Of the Commercial Ala
baua at selma instant Increase
capital the Bank S5O0GO It s3O55Ol
The Trustees Of the Mineral Maryland expect pay
second dividend of III the dollar about test Of No
vember next They have already paid dividend Of per
exected that ct and fnal dividend about ~ per
cent will be declared making total Of 2 the dol
! I4r.s "smalIfavors thankfully received p"
The New eQld Of the goth "The cotton market
] vsf-r Vt.-,
oe about 5000 bales, including 1000 trans close
prices we're called bysome brokers at fully better quoting
ding upiands at i2lc. We alluded yesterday the comparative
value previous crop OF cotton to the estimated value Of the
present crop. Wee6rect that table by gnganother better
FORM The crop OF 1856 57ebaced 900 bales It opened
at Ilc and closed I5al6c The in this market
was about I3o crop ls555 embraced 3Il4O0O bales,
which opened at dropped 99zc in January, and
closed September c forming average about
1s cents Il If estimate the crop coming to market
or Of I5s59a OoO,at Ie cents the relative value Of the
three successive crops will stand as fooRs:-
Crop OF 1861 99fOOO1 bales, 1870 per 10, $5fo00o
Do Is57-5s, 3,ll4O bales at l2c Q b, l4gO0O0 |
10 is5s-5g esuated) 3O0,OOJ, at lie b, $500 90
Total estimate value Of threeyearS crops, 76pfOO
SIN this calculation the average Of bales is estimated at
400 pounds Should the estimated crop Of lj9 reach 400
90 bales and thereby decline in prices yet the in
crease quantity would probably be about equal in value to the
concession caused by TITS believed that the present consumption
capacity the world would be sufficient to consume crop Of
10000 56OOOO Of bales at to &c per pound We have
lands enough produce amount the labor
them"
The Charleston Courier of the seth says:
again report active cotton market The heavy
transactions for some days leS nave duh INC
prices instances have realized an improve
ale at * is at IL . at liz; 81 atIl STAT I5 29I at
II 924 476 at l53 % at ll7S aud III bales at c
dispatch Charleston, dated the 2lst, aes Of
Cotton day 100 bales sales during the week 1900 The
closes for Good Mddug Ia and Addng Fair 1l7s
u cents"
dispatch Savannah dated the sls says: "aes Of cot
day 7l3 bales prices ranging from IL to IL II 6 cents
The sales Of the week we're 1859 bales and receipts 60
bales The $1,000 The closes dull and at easier
prices"
The Augusta Chronicle and Sentinel Of Thursday evening,
sIs says here active demand for cotton to day, and
l65 baeschnged hands at prices showing slight improvement
yesterdays The sales follows 81 H. 81 at
lI l27 sos 49, 45 at IL 7l6, and 2 at cents.
lne Bosom 7a0sr thus refers business prospects New
England
From correspondents various parts Of New England,
learn tt1 ousss ts psn' a noun no. Cd y any sts
equal to That OIL 0rer seasons is more active ta was anticl-
paed Oar Lowell correspondent ailudes not only to slight
operatives Of year. Ourcor
respondent Clinton, Worcester county, ''The mills ali
are hpy or ought to be- The emigr5n to the West this
wear f New F9gIaBd has not raen very large hut cases
yssT v,- WHO vent There eytecfin, 70 obtain situa-
on antcpaons have not been realized aud lave been
obliged this poorer in purse than when they
Review of the Nashville Market for the
week ending Oct. p.
COTTON-We hear OF nothing doing Cotton except
asionaI The receipts this
point September reach four hundred ninety
bales. There will be much doing the Cotton market until
there is rise in sufficient the Tesump-
ton navigation. of transactions upon which
quotations, present the following. which, however,
may regarded entirely nomna Inferior 697e Ordinary
71sgs}Sc, Low Middlng 999hc, Middiing lOc.
for Bacon during the week has been
confined mainly fngo small orders Towards the
there was rather sides dealers
we're paying $3.50 from wagons. We quote Hams at $50
Shoulders at 6g6c, the prices which dealers
paying When put up for shipping 3a@zc advance these
quotations is demanded.
There limited demand for Lard 9G9llc according to
quality and packages.
GRAIN AND FLOUR-Tbe receipts OF Wheat show consider
falling both quantity quality. Much of that
coming inferior badly weevl We quote
common Red 446c, prime Red 1895 prime
White 75sOc the outside figures however, strictly prime
article.
Flour continues dull at $50 $50 for Extra Family and $40
S45Ofor superfne.
GROCERIEsThere good ofactvty Groceries
prices last week, and repeat quotations fol
Sugar 9zGIlc hhds and lOgl}zc bbs Molssses
359c bbIs, IS 4Oc in half bbs Golden Syrup 90GlOe
Rio Coffee l29I21Sc.
DRIED FRUITThere good demand Dried Fruits, and
quote peaed Apples peed Peaches So Unpealed
Peaches not in requeand quoted at only 81 buhel
BAGGING AND BALE ROPE-We quote Tennessee Banging
at 2Oa22c, Kentucky ls2O and India 2Oc. Rope 9lOo
FEATHERS AND GTNsENG-Feathers are in demand at 80
4Sc for Geese when put good shipping Ginseng
finds ready sale ct 4O94jc.
LEATHER AND HIDES-The market is well supplied with |
Leather quote follows: Oak hemlock
and Harness 27G2scj sng Soc Upper s23O per dOzes; Dry
Hides are worth "a lOc. and geeen sc per b.
sALT-We quote Coarse Sack SLIGO and Fine at sl75.
Barrel is selling 81 &c bushel. I
WHEAT BAGS-TFo bushels II = 920c each
Robes! RObeS!I
CEsTRIPE Double Skirt Robes, the latest design,
~ Silk, Muslin DeLane and CashmeTes, which very
| handsome.
Misses Children's Goods of the greatest variety.
sepl4 VA MOORE
VIRGINIA TOBACCO,
m BOXES OF pure Virginia Tobacco Just received direct