Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-11-09

The present commercial aspect Of the tes,if berot alarm.
ing, is at least fun for attentive consideration
There Is no.e ls workshop village country, whose
prosperity OF consequence more or less 70 the
mercantile world But when general inactivity pervades
the businesso the great centres and continues to
szsrciss its depressing influence through reelection
econes directed to tie depression which every one eplores but
Is poEerless to remedy The position commerce in New
York during the past few months says the Times his been one
Of extreme dullnes, wIdea,n rs actual ELECTS would be les
painful If there any better prospects Immediately apparent
But these do not present themselves We E VIII have 20
he waited for until The spring. The Fail Trade pretty well
and are within six weeks Of the eIoalngoi the canals yet
the activity IN trade which, in tie SUMNER everybody predicted
would appear in autumn, IS not yet visible.
II tls unusual dnllnesa, continues the Times IS TO be REGARD
ed as The direct ievuo q last year the extent and
dpthof that revon WI not have been completely revealed
we fear, for tine yet we rather incline 10 believe-
that the collapse Of business which made itself ltroue so
many months Ony Rdrey traeahle to the crisis Of s7 II
is in fact the result Of Of the effects OF last years panic
The first and very natural fruit crash was entirely to
break up commercial confidence Every banker merchant or
traders hand turned against his Brother No man who had
money would own fTnd who money cOudhnd
one There was general diiefa perverse want Of fain
al commercial circles was the time appb
ted Business yet anguises Its main prop
ana that has been shattered What then? Why must continue
to iangush until that confidence restored and II & only when
We shall have been able ascertain how much tine must a
before that end can be attained we shall be in posop 70
appreciate the eZtentof the late rsvulsion
Hhe accumulation Of bullion in all great commercial cen
r SHOWS At glance, how greatly depressed IS
and to use synonymous expression, In how weak condition
public confidence still remains True It is not as II
was last winter or even last spring. last anamn We
have been all the time repairing reed and we must indeed
nope IN Il we shall have fully nended ready for all nece
sy stranng again next spring. but tat yet whole and
sound there is abundant evidence Because te rise stocks and
public securities if it indicates anything at all tends rather to
snow that there being sound uoneyin re
lar business like manner capitalists have resord the Stock
market as means OF using their with hope possible
profit They would perhaps, DO better many stocks that
are very high alone But men with money must anplovit
cannot allow to remain idle. If there we're enpls,s fi.
in the general business Of comuuni.7 its v ,s.
aeo'es be very glad to give direction They resort to
'0As ony as a matter Of necessand when the necessity
passes aWav they will gladly their money IN other channels
There can be but few engaged failed
to notice, remarkable feature in the year. that
the parties who haze been extensive credit
business have not been the buyers importers hs
have first manifested symptoms Of returning confidence Theety
merchant has been willing to return to
something like the former Of facilities to the country
buyers But unlike what has hitherto the case It the buyer
who has felt tho most inclination hold has had bis
lesson as well as the merchant but IS less able suans rspe
ton Of the shock from which he has scarcely yet recovered He
viii not buy than he believes he resell directly because
be knows that the country got through his
lesson in the school, viii purchase any more than he
knows he for IT. therefore, business reduced and re-
sd, it isdOne more healthy and consequently on more
hopeful, basis.
How long Ibis state things viii last istnosbr question We
should never wish to witness again return to the mad and ruin
Gus activity which prevailed before the pan and which, slnua
ting prosperity undermined all that good and desirable in
commerce But the reports from all parts country 20 to
show that the stocks Of goods Of all in the interior are
not by means excessive and we, therefore, have good reason
to hope that with the spring. shall see aninaon in bu
sness than has prevailed any time during this be ao
eopaned trust with at measure Of thaprudeDc,
and caution which how much they may tend tie present
dizziness in trade canno under present circumstances
ed as either unnatural unnecessary.
The Cincinnati Gazette of the 5th says q
Holders Of Flour seem less disposed continue their efforts to "
' l d2EaaqId pTesul In regard to prices which has for
esaton Of an increased disposition TO realize reut to-day,
~ uecue TO S45 for superdne These figures,
ever are still above shipping point exporters hold Of
ing on Wheat easier but not quOtby lover Corn meets vi
demand for December delivery is brisk S575 The sales YES
@ 5uisi leael iour or hye thousand head Buy
s were more ee han Sellers the latter, many cases,
tending roluey for So supp beginning accumulate, 6
rerature falls frsifv gsra-aI
Lreet sE time Ble ~ N y i Eer OPERATIONS We may
for sides. Prime barrel lard is held at lOc. -
The sans paper Of the 9Th says: &c
There was slight falling OF in the demand money yeser e
@ but 1t was s oieraby active, aud the houses genera w. ~
md paper offered as they cared 10 dsount ~
Gugn their means would have justified extensive business
nore parsIy dan beo5re NJ Sy ' S wants Of outsiders
IRE consequently increasing Rates Of interest IOl2
per cent for good names
The offerings Of Eastern Exchange counters Of Dealers
geIee than the day previous while the bankers
"a 1el I
CONTINUES about equal to the demand aud there being
0slI1n at present, TO accumulate drawers respond more
r to The requirements Of customers others at premium
ansy; o#ing to the peculiar condition the pork trade
rs Of hogs 50 fr L S az "a t Inc pur- n
nd the railing figures being the majority Of
Eastern Operators u is not probable that the early packing
Of the prk exchange expected to he realized ib
he next thirty days into the latter part and jan
AIRY No new ieaiurei Ne" Orleans sight Tas market firm
% l premium, with limited supplies. YeryfeW bills Offering
m good names are in demand at our quotations. Sold quiet at
The hog maket again buoyant yesterday, with demand for
any getsgy at $3.50 in excess Of the offerings The tales
u t. I' "eae not aware OF any disposition to pay
O ut holders are in firm tia; figure,
he chances are in favor Of their reangt the weather
ec9me favorable within afsw The contracts future
tiyy are much more extensive than usual It
hanged hands, thus eus-riHT nor1I ,,ii i7 10y
rce Eastern operators have not vet made their are9rc 10
ny extent They usually bears about this time and this we
resume is the case this Having The movements
dealers here which chiefly the direction high ices 500
nd showing their liability to fan into the current, within
ea.l.- w cy' uey are trying to keep Of the 81
eael Of temptation song as possible There yeser
bacon for Sides and SIC for sbo1Ider lard
he firmly az lO for prime barrel with free buyers g5o
7w q 5O9s46O good sape8ne which checked business
he or two ots Sold without inspection at "a 80 {
TheS Louis Republican says: Clogs are ouotes the
igher' packers bengn the market per 100 nett
18th sales Of two small lots at the latter figure This range we
ntomei would be paid for parcels deliverable at any time
ut packers regard delivery at sa period season as pre-
,rable," Z
The GAINESVILLE Chronicle Of Che 5th says: rect
Money scarce and bpt few in
rel We have heard Of but tobacco One was
y at sN cents, and anything buyer shall e
I've up to the first OF January The heard was
ought al the highest price that the buyer shall give during
JASON. y
Tlo 5,r,-l.-+,, H.. - A. .--., - . , - ! Wit
S le7ton 4e'ea'y OF ue ON says Of Provisions y
better feeling for Bacon has prevailed during the latter part
me past week and prices for Sides have advanced 0l,
1dtor Shoulders holders firm The dem nd
on ever, continues still confined small only. Hams are
nchanged the Lard. For both limited
he latter from lls l2c for barrels, srce and kegs.
The New Orleans Price Current of the 81 says "The Tobacco
aet has remained without any transaction Of Importance the the
7Iy sales Of which We are lish
IN .-,-.-.-. - E NC -a'SOenk Ga
MINUS 0 PI''ae Terms anu &c hd7 at H. at i l3 cents Cha
and about lJ0h0ghead Of which particulars could New
lined We notice enquiry however, for lots
ayers and sellers do appear their views rpect
g prices The Bain reports sale the 3d of lis hogs
aads not included in the above ION private termsr
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