Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-12-29
FTonetarY and CommercInI.

premium Oince t1en sales nave Deen MADE az 1g-
ures ranging from 80 to IS Per cent. The market
Is, however, very unsettled aud it IS difficult to
give anything like reliable quotations. We have
no doubt large amounts could be purchased at 50
per cent, and perhaps little below that, while the
Brokers would not be willing to pay much, II any,
over IS per cent. The demand is comparatively
light while there is a pretty heavy stock in the
hands Of dealers. There was 3 corresponding de-
cline in Gold in New Orleans. The New Orleans
Bulletin says of the market on the 21st
Transactions in Specie ware but little better than
nominal, and the Brokers now offer only l5(920.
per cent premium for Gold and 1904 per cent
premium for Silver Coin. The decline has however
caused heavy increase in the supply, whereas the
previous largo advance only tended to diminish the
offerings and increase the thirst for boarding in
private circles.
The New Orleans True Della of the 18th, the Let.
est mail dates We have received, says:
The decline in rates of Specie has almost brought
the movement in the precious metals to a complete
stand still since the close of our last regular SUM-
mary, and operations have comprised no round
amounts of any class of coins. Offerings of both
gold and silver continued much heavier than when
rates ruled fully twenty per cent higher, but buy
ers appeared to be Indifferent about purchasing in
the absence Of orders from the Tennessee or any
| other market.
God was then quoted at I5(a2O per cent and Sill
yer at 1920.
Since the Bank of Tennessee has commenced
issuing the Change Notes authorised by the Legs
lature, of which large amount has already been
put in circulation there has been great falling ST
in the demand for Silver and it can be readily pur
chased now st 22925 per cent premium. In this
conaectiOn, we may state that the Bank of Ten
nessee will continue to ISSUE its Change Notes until
fha frorn all of State il fufv
piled. As an evidence of the popularity of these
notes, we were Informed the other day that an
order for $40. 900 of them had been received from
Alabams.
The principal markets have been supplied with
Flour, and downward tendency in prices is msni>
tested every where throughout the South. The ar
ticle continues dull here, and Extra Is quoted st
decline of SOC per Dbl. We quote Superfne SIS
CISCO ard Extra IS OO98 so per Dbl. Sacks of IS
lbs range from IS to s..
Wheat is rather dull at a decline of IO6I5c per
bushel We quote Prime White at 81 35(9I 80, Red |
SL3O9I.4O and Mediterranean 81 25@L 20 per |
busheL There is considerable Wheat in the coun-
try yet to be brought to market and those who |
have been holding up for big prices will see that |
they have lost lO9l5c per bushel by not selling |
two or three weeks ago.
The market for Corn is unsettled, and prices
range from so to Soc per bushsl; that is some par
tie asking the latter, while sales are making
as low as the former.
The stock of Oats on the market is light and the
receipts have been limited. There is a good de-
msnd at sec per bushel, while some holders are
demanding Coo.
There is good demand for Rye at sI9II5 per
n,-I =, ~.
hear it would readily command sI75@2OO per
bushel
There is but little Bacon on the market, and that
ia firmly held at 23924c for Shoulders 25s26e for
Hams, and 27928c for Clear Sides. At retail, the
prices are 2C93c above these figures.
New Lard is beginning to appear IN the market
and il selling at 20 to PC per ID in kegs and bar
rels.
The Pork market is rather dull though holders
are still demanding 12c per ID, but few buyers
are now willing to pay that price. The COnfede
rate States Government has secured about 800 900
head of Hogs, which Will furnish ample provisions,
with the Beef packed, for the army the ensuing
year. There has also been large amount of Pork
packed by spectators and private parties who
will have more Bacon than will be required for
their own use. So it is probable there will be
ample Provisions to supply the people the coming
year.
Good fat Beef Cattle find ready sale at 3ICs4c
per ID gross.
Rio Coffee is dull at 65CS7Oc per ID. The stock,
however, is very light. Java, of which there is
light supply, is quoted at IS to soc.
Sugar and MOlasses continue to arrive
quite freely We quote New Orleans Su- /
gar at 699lOc in barrels and 39Ic lass in
hogsheads; HAVANA White I39I4 Loaf is held
at 224925c, and Crushed and Powdered at I592Oc
Molasses is held at 3s942c per gallon in barrels 7
and half barrels.
Teas are held at S2.5O93 per ID for Imperial and
Gunpowder, $3.50 for Young Tyson, and SI@25O
for Black. The stock of Imperial is about ex- =
hausted, and indeed the stocks of all qualities are
light. ,
The stock Of Star Candles is very much reduced, Z
and holders have advanced their rates to 55S6Oc y
per ID. Tsliow is held at Soc t.
Lindseed Oil is held at 81 25@2.5O per gallon,
with light stock on the market. Lard is held at
s27593.OO.
There is small stock of Kentucky Tagging and
Rope the market We quote Bagging at Csc, q
Rope 25a3Oc and Iron Ties 25a3Oc.
Gunny Bags are held at 4O(s45c for new and 20
G35c for second hand. '
Nails are held ct slO913 per keg with light
stock.
Grass Seeds sre held as follows Clover, sI3 :,
per bushel Blue Grass, stripped, 81 IS, and =
clean 81 Is Timothy S.; Hesrds Grass 81 20
81 so; Orchard Grass 81 6O9l IS Nilett =
hungarian Grass 81 so. o
Tennessee bsled Hay has advanced to S3OS35 q
Der ton, at which there is a brisk demand. a
We have heard Of no change in Salt, and con-
inue to quote Fine at sl3 and Coarse S12 per =
sck, and Barrel at s393.5O per bushel.
nand is light, as parties who have Pork to put up
AVE generally supplied themselves.
Pepper is growing scarce, and is held at 60 4,
0G5a Der mound u