Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-05-18
eOmmERCIAL.


Daily Review of the Markets, May 17s
COTTON We could not hear single transaction to-day
The very light aud holders manifest dispo
sOn operate except at full prices being unwilling
decline. The the South night was NOR,
favorable than anticipated Holders in New Orleans wer
demanding sdSanee-
T0BACCO-The sales Tobacco day amount to - hhds
follows: A. Hamilton sold hhds. at 50 TO- ass 375 60
AGO, AGO. SIS IS and sOO and Fisher, Wheless Co
hhds. at S95, 3.35, and Is.
Monetary and Commercial.
The New York stock market recovering from the panic
which the created On Saturday sold at
9. the 18th our Bonds down as low as So Virginia
6 which sold the eth at 9736 sS on 18th
On Saturday they gone up This much speeer
reaction than anticipated.
The New York RreaiaG Post, Of the 18Th says:
The general complexion Of the money undergone
marked change within few days. and the monoony Of
past is broken BY an advance in the rates Of interest OF
per cent those current the beginning the The
demand for though active is PRESSING
borrowers having good collateral and willing concee the
the stock market appears to be the principal influence though
demand has been increased DOUBT by the speculation grain
from Europe.
The generally not report much inquiry from their
regular customers but notice closer scrutiny CREDITS
more discrimination against long paper Several Of the largest
hanks are contracting, which, in turn, creates stir with those
having at call The specie with Of the banks
has run down. and W probably show 10 the next statement
@ million decrease disbursement over receipts OF 60
goo by the Sub Treasury is favor Of the average We
do not hear that any considerable parcels Of coin have been
ceived from the interior.
The bulk Of the business in call loans day soc per cent
principally at 56. lt edge paper passes readily at 697
per cent
The twist in the money market has induced OF the
and large moneyed establishments send redemption
those treasury which do
obanabe ordinary business The specie will
crue to the bank from this will begin
till the latter part Of next week.
The excitement the Corn Exchange continues and prices
are again higher. The rise in -four this per barrel
wheat equally remarkable. In provisions the speculation
been very sweeping lO00 chang
ed hands within days, advance S23. pork
IS at LIS, barrel higher Prime especially active,
fully advance during the week. Rum whisky
shared in the general excitement and dsers, sharp
competition have bought largely Of Cuba cayed mosses
advance Of &c per gallon.
Tie from Europe has caused considerable demand
for sape and in Boston and New York; elsewhere
ers refuse to sell. The New York Herald says:
The last sale OF crude 81 cens-now held high
The stock first nls the lst OF May embraced
81 0J bags against the time last year, the
deliveries since the first of January have been $1,000 against
800 last As alpere nitrate Of potashl be
featured from nitrate If soda and the English
bi the expectation Of the former Calcutta during the
Crmean large supplies the latter obtained Iqui
u in Peru, the PacccOnsdere quantities Of which
brought to New York. This article has with
pee within few 600 have changed hands
Mt an advance previous 500 do sold, arrive
'en six months; ami 1890 do in Baltimore, speculation
md on private TERMS