Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-09-16


Our exchanges from almost ali the centres Of and com
speak Of an increased activity every department Of bus
Every thing and hear, the Washington Union
indicates general revival Of trade. The accumulation
the precious metals the leading ports Of the country seeking
Tsstent interest the rapid appreciation Of public
securities the limited and insufficient mporations Of the last
year resumption Of business by many manufacturing esab
shuents the good average crops present season. all point
early and healthy resumption Of business throughout
whole country that capital only abundant but
great deal Of lying idle in ali the large cities This condi.
ton Of things long continue There people
world restless and uneasy They bear IDLE
ness idenes money. They risk its
men gOod times in doubtful securities. They send it all
the country into city and village into the wilder
and yWays in the expectation Of receiving extraordinary
latter employment Of money that brought
the revulson. invested where it could not be realized
wanted 1885, then the quantity Of actual
capital the country very limited and at that time great
West which absorbed the years ls35 more than
whole Of gold and silver hand United States,
not only unbroken wilderness, wholly
accessible and vsluee Within period Of twenty the
West has been Transformed into highly productive cOuny,ae
cesbe at all points, and furnishing we had almost
said larger than whole trade the close Of the revuson in
1897. Capital only invested in every part Of the
Union, butt with exceptions, it positively available
in the payment Of interest This feature Of affairs cannot
powerful influence in restoring public confidence
the sOundne ability every section Union
part operations Of legitimate The
only rch wealth has been distributed,
every section ability to meet its obligations This
the credit Of public securities the States fall under
the influence Of the panic the bonds Of Mo- fifty
the dollar the decline in the unqusOnabe State
legations nearly great Now witness restoration
public confidence State securities concerned
they bear per than any former period
The THE sufficiently obvious in the fact that
Of money withdrawn from the ordinary channels Of
trade and have invested part the bonds the States
Individual obligations last year comparatively worthless
This state Of things working and
that the Of the present season. shall again
the general distribution Of capital into nearly all the channels
of business. TheoOuny almost entirely bare Of foreign goods,
and impOTtaOns though yet limited amount all prob
ability increase the restored.
result certainly desirable because the temper CAPT
taists for the last year. amounts Of have been held
useless thus parayzng branch business and Civ
ing poverty the midst Of great abundance wealth
New Orleans Market, Sept. II.
COTTONOur closed upon buoyant Cotton MARKET
with poor factors tables, barely 1000 bales
Monday the confined bales,
holders generally claiming very full prices for all qualities On
Tuesday 1900 bales changed hands at outside rates.
Wednesy with the Aa accounts at hand reporting nadYance
u I'D Liverpool purchasers found for about 30 bales
though holders still rmeT in their pTeensions The demand
resumed Thursday and resulted in sales Of $500 bales most
above previous quotations leaving the market
nearly bare Of desirable lists. Yesterday, again; there imi
supply sale, only small portion OF the arrivals being
Ded and the business fed of abOnt 1000 bales making
for the week Of $50 bales taken for reat Britain France
he Continent Of Europe and the North. With sening prices
ished for qualities and raise quotations accordingly
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