Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-11-10
rTOnetnrY and COMMERCIAL.

demand for Gold, but during the present week
heavy demsn1 sprung up and nearly all in tbs
hands of the Brokers has been taken. This would
indicate q brisk business in some direction. W,
understand portion of this Gold has been used il
purchasing Tennessee Money in Kentucky. Whai
use has been made Of the remainder we did moi
learn We still qCOte Gold at 5000 per cent pre-.
MUM, and Sterling Exchange at the same rates
though there Is but little demand for the latter
The attention of the Legislature has been called
by one of the members to the subject Of making
the currency Of the State legal tender in the col
lection Of debts under execution but no action has
yet been taken on the matter.
The statement published on the 4th inst, by the
New Orleans Price CgTent, makes the Cotton crop
for 1901 amount to S,699 926 bales against 697
732 10 1880, and 3 sjl4S1 in 1859 Decrease
from last year, 997, SOC bales.
The Flour market continues stiff, and holders
have been enabled to realize advance of Soc per
Dbl during the week, the market closing firm at
S75O@8 90 for superfne and sSOO@S5O for Ex
ira. For some fancy brands as high as 50 and
50 rs have been demanded. Sacks of SO lbs range
from So IS to S425. At our latest dates from New
Orleans Superfne was quoted at S1L25 and Extra
at 25@l25O, with light sales. At Memphis
superfne was quoted at So. 100000 and Extra at
slO75912.Oo for country and city brands
There has been further improvement of 5(aIOc
per bushel in Wheat during the week, and we now
quote White st 81 25@l 30, Red at sI.159L25, ard
Mediterranean at Sl9L10 A countryman called
upon US in the early part of the week and com
planned that We quoted Wheat too low while our
quotations for Flour were fully up to the market.
As evidence Of the truth Of his allegation he in
formed US that he was offered sI3O per bushel for
his Mediterranean Wheat, while we were quoting
It at one dollar. We get our quotations from buy
ers here, and cannot understand how Spectators
can afford to pay SOC per bushel more for Wheat
fifty miles from Nashville than is paid here We
give the fact as it was given to Us. We have here
tJfore referred to the pressure On ou- mills to
grind Wheat and their liability to meet the heavy
demand upon them. We have been informed that
the country rlilIs not SO pressed, and we hear
that their comparative slackness Is attributed to
SPECTATORS buying up all the Whest that can be
purchased AMI controlling its grinding. We trust
here is some mistake in this matter. The Wheat
crop of the present year is, according to all &C
counts, the largest produced in the South and
every mill should be fully employed so as to furn
ish consumers Flour at reasonable prices. There
is not the slightest necessity why the people should
be made TO pay famine prices in year of such
plenty. The present is certainly no time to specu
ate upon the necessities Of the people. In Mem
phs on the It'll, prime Red Wheat sold at 50 per
bushel.
We hear of occasional sales of new Corn at 40Ca
4 20 hal =
are not yet fully in the market. Old Corn sells at
6O97Oc per bushel, but the stock is light. There
is an improved demand for shelled Oats, and buy
ers are offering 4O95Oc. We continue to quote
Rye at 7O@sOc and Barley at sl@l25, with =
good demand
There is but little Bacon on the market, and that
is firmly held at 2392ic for Shoulders, 2502Gc for
Hams, and 27(92S; for Clear Sides At retail, the
prices are 299c above these figures. Lard is uoul-
nal at 23925c per h. from the fact that there is
but little to be had.
Thsre is a strong speculative feeling manifest,ng
itself in the country in Pork, which has induced
holders to ask high prices. The supply of Hogs in
the South is not equs; to the consumption of Bacon
and this is the reason for the speculsions that are
beng entered into. The Government in order to /
get supply for the army, has fixed the price to Be
paid by its agents at sOc per ID net, but we hear
Of some holders demanding and some buyers pay
ing a higher price. The Shelbyville (Tenu.) En-
position Of the S,h avail is astonishing to see
with what rapidity the Price of Pork has gone up
n the last few weeks. Last month engagements
we're made at Sc, now holders ask from 10 to l2c,
while others are unwilling to engage at any price,
waiting for a further advance in prices. This ad,
rance in the price Of Pork does not originate from
inv scarcity of the article in this (Bedford) county
or we will briHg into market more meat this fall
md winter than we have done for years past, but
t is on account of bidders here at home and those
rom abroad, one bidding over the other, that the
cures are 90 high" In this connection, we see
here is a considerable difference in the price of
'ork in the South and the North. The Cincinnati
Inquirer of late date says:
Hog drovers begin to make their appearance on
change and the crop Of hogs and corn is discussed
t length. All agree the supply Of hogs this year 4
fully equal to last and some say it will be fully
ne third larr er. The English pork packers are 4
aking hold cautiously, but the knowledge that Liv-
rpoOl will take much larger supply this than last
ear induces hog sellers to be very Indifferent, !.
euce no large lots are being pressed on the market
small sale was made 10 day at So % per GENITAL i
et but the prices generally asked are So 5093T 70
"a We heard of no buyers above IS 20. Sales
I the hog product were made to-day, green from j.
he block, at SIC for shoulders and 44c fer hams.
We have seen it intimated that there are Liver !
DOL buyers in the Cincinnati market making pur- ]
bases for the Southern COnfederacy, with how 4
luch of truth we do not know. 1t Is very certain,
owever, that Bacon will rule high throughout the
he South, unless there should be receipts from \
,urces not now anticipated. :,
Good fat Beef Cattle find ready Gale at Sa94c