The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1866-03-28
Government Receipts and ETpendi-
lures in 1869.
The Cincinnati Commercial says

tAAA ~ AlNNPeu z &c III new lDFA since
O'Clock yesterday; Zoe premium has not
been touched before since the 18th day Of
August, 1865, when il was down 20 24Zc
premium The passage Of the Lean Bill b.
the House Of Representative Is the geuer-
Hlly-accredited cause Of this, and with 80
sharp d decline there is more general expcc-
tation that II Will go still lower. Upon this
theory Il appears that business IS, TO a
greater degree than heretofore, being
shaped.
Lxchange remains very firm, with both a
good demand and a rather scant supply.
There is less activity. IN the Money mar
kc5, with a general tendency toward greater
ease. This results in part from a change in
the drift Of country bank balances, which is
now more in favor Of the city than il has
been for some time hitherto.
The demand for Seyen-lhirities is in ex-
cess OF the supply, and the disposition 10
allow the outside figures has become more
general. The buying range "a quoted at
ggf- "a g95z; the selling at lOO(GlOOLc.
Five tNenties are steady a. sac buying;
4c premium selling.
Ieu-iorties are firmcr, e9lzc is now paid
for them, and SIC firmly asked.
Lower figures were given for Stocks in
New York, a result traceable, doubtless, by
operators, 10 the passage, by the House, ola
landing bill.
Itis 10 be hoped that the letter Of secre-
tary McCulloch, expressing his views Of
what rs needed in the Loan Bill, will re
ceiye the general reading which it merits,
ior DC cannot fail 10 90 far toward removing
the prriudices which so generally and un-
fairy were entertained in regard 10 the
form Of a bill originally presented by him.
The bill passed by the House yesterday diff
Ter in no very essential particular from the
one at FIRST entertained, and that the Ways
aud Means Committee have been unable 20
yH.r ANYTHING materially different or better
Be- Co be construed a. D compl ment 10 the
secretary. We have hitherto maintained
that the discretionary power must be in
Trusted ia the head % the Treasury Depart
meHt IN order 10 It's successful management
under existing or similar circumstances. Il
Id uosstble that the authority 10 administer
that department may be rePosed IN unwOr-
thy hands % ell times, but It it is desired 90
GUARD against that, the suggestion made by
Ua a few DAYS ago that a. be vested IA q
board OF several person we believe % be
,acIrut for The desired protection.
Thus Board might be constituted a Fl
ufu.. Commission, on whom would deyolye
the duty OF determining the application OF
.ztrEorllnary measures such as a policy Oi
contraction; the proprlety Of plsciug author
tsed loans on the market, their rate of IN
tsrest. ns the exchanging Of securities, &c.
This Board might be composed Of the Sec
Trtary of the treasury, the chairman Of the
committee OF Ways and Means IA the House
of Kguresrntatauves, and the chairman OF
ala. Finance committee OF the Senate. Not
wtthstaudupg this suggestion OF a way 10
meet IN. objections % eudowlng The Sccre-
fsry with 80 much discretionary power, 10 is
a.1b.fss. better that the department should
be administered wholly by 8 single hon
head. The objections 10 the original
BIN. ou the ground OF lts ahordlng IN op-
t,rtunFfy for q rapid reduction Of the vol
ume of tue currency, was little short Of IL
d.cuI1us. Before muck Of a contraction u
rrfualIy sccomplshet g., there will doubtless
he many regrets that congress had not pro
ytdg8 compulsory measures for II and de-
strayea the dinerenceln the measure q OuI
foreign and domestic Exchanges. Congress.
men scentkeeuly the condemnation OF meas
urss of contraction that spectators indulge
10, instead Of urging healthiul measures ioi
maxim "a dollar count Tor l0tcg IN place Of
Tb,rs has been an improved trade in Dry
Goods Tor several days past, but 70 n AFFORD.
Iag NO rrcht, aud merchants necessarily
taFe but little satisfaction IN Their business
l,he Grocery market has been alitte NOR,
stirring, though prices much depressed.
Ffour is as mach neglected as heretofore
and prices nrs only nominaily maintained.
hnNUL Ea NM kAN fNA1 AAAANNN ANAaNNNF AAN
efforts 90 sell would make concession
necessary. particularly on the inferior
rmdes. The offerings u choice grades ar,
very light.
tarn is IN fair shipping demand Nd,
higher. shellcd Is quoted NJ SIC, and cal
at 50c, sacked u BE- worth Csc white is bel,
su5c shove mixed.
Oats are irregular and higher, though &C,
Cufatc quotations are rather hard 10 make
g.. q n .Hr.HlH "a IH.rN1n and M I Al A.
A. the demand ls malEiy 20 hu local con.
trnCts. o. Be- presumed that IL Is very uucer.
tain iu DE- durEuoa,
Rye aud Barley are ss dull as ever, ant
FAIR quotations for either are scarcely prac.
tcHblc.
Whisky is exceedingly dun at the old
figures, and concessions are necessary 10
effect sales Of free.
Cotton IS held At S6&S5c, but in no de-
maud shove S5c.
The improved demand for Clover Seed
continues, and the price has advanced u
- 2a.
Most OF the attention Of the members of
the Chamber Of Commerce, on Change TO-
DIZZY, was absorbed by a visit Of the mem
bgfs OF thc General Assembly Of The state.
There was some animation IN she Provision
market during the morning, with sales OF
Meas Pork o. the extent OF 500 barrels. al
s15, and considerable amounts Of Bulk
Shoulders ut Toe packed, and some sides a,
use loose. These figures arc only nominslly
sustained now.
Bacon Meats sre quoted az IS, l4x and
Ice, Tor Shoulders, Sides and clear sides,
packed, with little or nothing doing.
Lard, Dc is said, can be bought At Isc, in
terccs though generally held &c above
tins.
The market closes very tame.