Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-02-17
comMERcIAL.
Nashrllle gTarket. Feb. 1a.

C0TTOE-rhere a still further improvement IN the Cot
market to-day, both the amount Of business transacted
prices oaiped The embrace l37 bales
the outside figure showing Improvement Of sul SC
days prices and &c those the ls The improve
ment Is the better grades
quote Ordinary 70 Ordinary sss Low Nidlling
9<4sse sIddng 9lc, end Strict sddlng icDio4e, though
III still dii6eut to give acurate quotations.
T0BACCo-The sales embrace p hhis as follows: A. Ham
ton sold - hhds $780, 49, 700 AS, 45o ASS, 1885, 375
SOS, SIS $50 SIS; Fisher, wheess Co. hhds at
90. 4.sO SIS, } 80 800, $50, o5, 60, and S.5j.
We quote Lugs 951se, Leaf, Inferior to Common .5c
Fine csc, and Choice G. 7c, the latter figures however,
only obnab for article exceedingly fine, Loose 26c.
PR0yISIONSThe Harke FOR Bacon has been rather
for days past while there apparent
absence rmness prices fully
cepts today quite LIBERAL and heders disposed of their
with range Of our quolous, say Shoulders s9slc Hams
s9isc Clear Sides iOl9lO1e, and hog round s1e, from
! wagons. ,ers fa-.-
Lard request at 9lie prime for
| No ], shenput up in full bound packages
GRAIN--We hear OF change The market cannot
be said be firm, yet holders dispose
lots 5596Oc per buh We notice that receipts continue
quite liberal,
The market for Wheat remains r all offered meets
with ready Inferior sOO0c for good, s.
| @sl 10 for prime. exclusive of sacks.
GRoCERIEs-The Grocery characterized by
considerable activity and prices continue for Sugar
for fair and 79sc for prime choice bogsheals, and
lle advance these quotations for barrels Moasses has
advanced 2a3c per gallon, and held 3e9 40c in
barrels and 4O942c in half barrels Sugar House MOasses
held at 42945c and Golden Syrup 75c9S1 per gallon.
Coffee remains firm Robe for Rio, I4l5c for Laguyra
10000 for Java.
Monetary and Commercial.
The receipts Of Cotton the ports up dates
reach 1894 bales against 9sOs year. showing
Of receipts amounting bales yet receipts
continue with little abatement point indicating
the crop WILDE the largest produced general estimate
we'll informed dealers planters estimate high $780,
600 bales not would seem,
faith that is in them.
Large the crop undoubtedly will be- it viii required
to meet the demands Of the manufacturers throughout the world
1t should he stamped the minds pantea well dealers
Cotton that although the receipts present
largest crop made Cotton equal
if does not exceed the exavagant estimates of the
Of the CROP Every machine that spin every
loom that CLOTH in every quarter Of the globe,
Evaporation, and manufacturing industry prosperous than
ever before known.
Notwithstanding the in the upward tendency
Cotton active demand for the material and manu-
featured cotton goods both in this country and Europe
dencs Of very healthy and reliable condition the Cotton
The New York journal Of Commerce. the 18th inst records
these significant facts:
goods been checked osome extent
by the advanced professions Of holders; general
by immediate movement for higher rates Agents here
orders by nearly mail urging increased prices and
last the asking rates for many styles Of cotton fabrics
changed which confirm The table of quotations which
lows this daily edition The pause the upward tendency
has produced any soenn these
rates for goods but it will render buyers less eager
stock Offering not would lead immediate
The present demands holders ground
render importation profitable, and preserved
very likely lead to increased foreign competition The sales
not large during the latter weeks Of January but ad
Of last season. and the average Of the
The demand for foreign goods becoming tive, the
imports desirable goods placed about landed
The lofts still barely supplied with aortments and from
present appearances, ali goods way
full prices Prices continue advance abroad and I'll descp
here. Large orders have gone fall but of the buy
ers have been checked in their operations by the uncertainty
regard to the tariff that part Of the autumn import will BE-
The prices dng cotton from the opening Of the market
New Orleans early September 1855 February o. 1852
uctuate eleven twelve and aha per
pound excepting for month parts of September October
when the highest prices twelve and welveand aha cents
obtained, having been generally at other times fraction
above eleven cents. The last comparative prices february
follows:
Middng. .1O7s9Il% leA9n lsk9IsA
comparative paiees Of Middng Orleans Liverpool on
22d January was, 1858, y 6d and in 1888, l6d
According the Liverpool Mercury while the export cotton
from the United States Great Britain has been increased
81 s3 2s bales there greater decrease from India Egypt
and Brazil than the increase from this country, making England
more dependant than the United States for its supply
cotton" 1.-THE East Indian grower having
driven from the field" The Mercury adds
revuIsion OF 1857
has been the British manufacturer the supply Of cotton
States would have had in the natural things In 1857
the American manufacturer consumed O 1873 bales Of soten
supply OF $50 OoO for the British manufacturers How much he
one wear since 1851 with execution Of The Ia in which he did
not consume upwards Of 60OOO bales That in 1875 when
The this temporary expulsion OF the American
curr from the field Of competitions and Of the weakening of
continental producers has been TO give to The British manuac
urer almost Hndputed possession Of the markets Of the word
but especially Of tie the East According
valuable table published in the Manchester Guardian it appears
the number Of packages sent to Bombay which amounted in 1857
900 bad increased in 1858 to 600 whilst Csentta the
number OF bales which amounted lis coo 1857 had
ed to 1874 900 in 1885, the increase price the former be-
lions and in the second case from less than three millions to
value of the goods India upwards eight mil
lions sterling, whilst 1857 little than five miliOns
value the cotton goods exported in the first eevea
upwards twenty nine millions sterling
that of the corresponding eleven months of e7 was less than
twenty-seven millions"
In than year "eleven months" Britain
ported manufactured goods the ''upwars
twentynne millions sterling equal hundred and forty
five millions of dollars. The value OF the produced
last in this couRy has been estimated hundred
and five millions about hundred eighty millions
Of dollars.
If the Cotton crop amounts cont nded by velin
formed parties, 600 bales,
she probably WILL 100000 bales supply the demand of
and the United
The prospects that fully that number of bales more,
will required urnish manuacurer-there would
left for the Continent of Europe "and the mankind
only $4,000 bales When that the average
he Cotton bave sent Continent Of Europe for several
past upwards bales readily perceived
hat will there this year larger 1t
evident think, there will crop Of B.
80, 600 bales, whether it has been produced not
Matters in the West have into rather anomalous cond
on result apprehend of the attempt initiate the prices
every Of produce. The Cincinnati Gazette of the 18th
ays:
The appearance of things in New York is not regarded sat
facoy and letters refer the movement Of the banks
curta their discounts with degree uneasines The
condition Of financial affairs in the West also such not to bear
lose inspection The market is true, has been
lily and at this time. The liabilities Of the West to
he East also comparatively ghprobaby about fifty
and certainly about thirty three cent than the
for this period Of the In these respects yhing
light But with demand for Eastern exchange this Market
educed is ranging from SIS 000 to Sl5OO per
bank circulation, all the leading articles produce
eavey higher Cincinnati than in the seaboard parties
beginning inquire where the exchange
matters stand, produce cannot be shipped and should this
tate Of things continue exchange must be made Of bank
nd this to be relied upon for thirty DAYS it
m be difficult matter to keep prices down figures
here wide difference Of opinion between Eastern and West
merchants regards the value leading articles pro-
and Of course the other be wrong
nil take the prices New York Cincinnati
for few articles example The figures compare thus
CINCINNATI. YORK. 4
uperfne Flour. SIS a $50 62Gd
V ! Il