Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-02-08
-cOmmERoIAL.
rn.hriIIe rInrIke1. Feb Z.


cOTToN-There was no animation the cotton market to
day The decline established has operated deter
planters ro Offering their cotton FOR ale at least for the pres
et in ticp tio Of reaction. We heard Of the sale OF only
IS bales toay3O at SIC AID IS at l01c The receipts were
very light.
TOBtCcoTLre was fair degree Of activity in the tobacco
market Mr. A. IIsmon sold 70 bids the following prices:
55 80 74O. 4s5, SIS GEO. 4o0 4o5, 3s5, 4o6, $40 20
40, AS, As, %. 6.75, I. 90, and $50.
PROvIsIONsihe receipts Of Bacon continue leers and
with good demand holders find really sale at the following
quotations Shoulders Hams l0c, Clear Sides lO9iose
aud hog round 35g9 Is wagons FROM store advance
Of asG]zc. is demanded upon our quotoiio"s.
Lri continues in active request leglOe to prince the
outside figure for strictly prime ane in good sized lots and %
IOc for No. put up in good shipping packages.
GRAINWe report decline in corn Of &C. per bushe Buy
rs Offering only e to-day, consequence Of the decline,
the transactions limited
GROCERIEsThe market continues active at the following
quotations Sugar in ho-sheads sc and in barrels *
Csc h. Moasses Ss9ssc. gallon. Rio Coffee la}S3c
and Java Is9eOO. p b.
Monetary and Commercial.
The tendency Of the New York still I'd.
Tennessee Is sold the % 1893
The New York Eceaiag Post Of the Sd says:
The money market looks settled and healthier The
supply is free and borrowers find no difficulty n obtaining what
they want at per rst coateras Paper
four aaI six months, lit edged, endorsed, per 60
day aeceptaneez very select, . per cent
leading bank advanced day. per
mand loans, eng to have their means paper rather than
5 per cent, neal.
Other banks and hankes asking per cents but the
current still per Eavorite borrowers
desirable coaeras plenty at enhan ed rates The
fer first class weknown signatures is to cent it'll ex
ceptuna TRANSACTIONS a. cent? if short Gilt edged
paper improved rates Of interest has brought in private CAPT
alist as lenders who take the place OF banks and money rs sun
abundant.
There no doubt grow ing con, con among the bank
that the loans have been expanded to point Of possible
danger; that juieiOus contraction to moderate extent
desirable, and that 100000 will secure much in inter
Tier moderate demand for treasury for customs and
ing per cent discount The per cents held at
presents rather rer appearance, but the
absorption for investment is yet limitei
The Indianapolis (nd Journal that the banks Of that
city given that hereafter they Will not receive de-
pose of Illinois and Wisconsin banks except at dis
count Of per This money months past
good credit there, but contemplated legislation in Iii
nos affecting pay nent had
distrst in regard the future security Of
the circulation of the Illinois free hanks
The Cincinnati Commercial of the 4h " Intelligence
received from ChagOy Brokers' reported the
of shawneetown, kept satisfactory
evidence securities having presume. been had The
whole system Of StSck Banking carried particularly in the
West believe becoupt, and tax the pre-
of the country Thousands of dollars ahoa
passing currency which represent real value and the
sooner community purged of the unconverble stuff the
might all be together and its recupeave strength
beaowe develop itself without the embarrassing dead weight
of an unreal circulating medium
The Fayete Ky) Circuit Court has recently decided, in
suit between Of Kentucky and the Farmers
Bank that note auduently mutiated, is of value
the hands Of innocent holder and the bank is not
bound to redeem such notes.
the State Of Iowa. ty passed. provides that
per maturing on Sunday holiday that State is due and
nayable on the succt- ding day.
Accounts from the Northwest generally trHly
cherries as present condition Of business interests and
financial AFFAIRS Property has in most places deprecated
fellow its real intrinsic value and many debtors will lose
their all and the hands OF remorsees creditors The
opportunity in lands, luf turing nve
ens are better before been presented for
county so rich in cannot remaH long under the
depressngegectse f severe revulsion.
The Louisville papers contain the following dispatch
CINCINNATI, Feb ), PM-Flour unchanged and du-sale
small s. 25s5 30 superne and 50 50 for extra Whisky
advanced Ic per gallon, with sales Of LOO barrels at &c Mess
por unchangeses bbls. country at sic 10 Bacon
sold at lags{c Good demand for hulk meats 5UOOOO bs
sod at c shoulders and 5 9e Tor sides ana ca oa;
for hams. Lard II q GuzSc and firm