The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1866-05-16
FINANCIAL INTELLIGENCE.
DAILY UNIqE 0FFIoE,

Nashville, May 10, 1866.
Cotton closed frm in this city last night,
at &c. Ninsty-one bales were sold yester-
day a. from 261l to 27e, and there were
more buyers than sellers.
The Cincinnati Commercial says:
The discount demand for Money is not in
the aggregate large, but is ia rly active at
some 0f the bsnks, aud the tendency seems
10 DO rather against an easy market. This,
however, seems 20 be more q consequence
OF the continual heavy movement oil Cur
rency eastward 10 settle our trade balances,
than of a stirring commercial business. In
the present situation of trade affairs there
is not much promise Of prOsperit in the I'M
mediate future. Prices OF commodities Of
nearly all kinds are unfavorabie Tor a sat
isiactory adjustment Of our purchases from
30 d, and it viii soon be more fully re-
allied than heretofore that there are TOO few
I roducers as c impaired with the number OF
persons who are striving to force profit out
Of goods in their exchange. The short
avenues TO wealth admit a much lees num-
Der OF persons az a time than most persons
are willing to believe until they have tried
the experiment Of entering them.
There was a frmer market Tor Seven thir-
ty notes to-day. Dealers would now bid pa
their sales. The demand for them was in
excess OF their offerings, and the stock IN
ban hands is light.
Five-twenties were bought at 2<a2c pre-
MUM, aud held at 2J4c.
Ten-iorties have 95ISa952&c rs buying
range, aud PC selling.
Compound-interest notes are in request,
on basis OF per cent. for the issues OF De-
eember, 1854, and in some cases a fraction
higher wound be allowed.
The speculative movement in Flour and
Wheat has abated, and leit the market in an
unsettled condition. Concessions of 25e
per barrel on Flour are necessary to meet
The little demand there is, and we quote the
practical range OF the market Al So 25a9 IS
Tor superhne, and $40 25al0 - for extra.
Strict choice old Wheat is 50 scarce as not
70 be much affected by the reverse move
ment OF the market, out Spring and new
Fall are scarcely quotable-nUt that holders
are panic stricken, but buyers give the
market no support, or demand such con-
cessions ~ & nearly check trading Nomi-
nally we quote Ne. ! rev Red at 81 40; No.
al 81 l5g2 20; choice Spring at s. %; No.
1 at 81 lUa2 3. and No. al 81 90.
Corn in SACKS continues 10 be quoted at
69a70e; In bulk at 5sc for shelled, AID 55a
Soc for ear.
Oats are quiet at 4la42c for No. 2, aud acc
for no. 4.
Rye steady at s0as5c for Nos. . and l ,
though the demand is only moderate
Barley Is dull at the old quotations.
Whisky stands az - 20 lor free, 23c fo-
bonded, but there = little or nothing doing
in &C..
Cotton Of good quality IS withheld from
the market. The nominal quotation Tor
midding 10 SIC; Unlavorable Tumors as 10
the spring planting have much 10 do in sup
porting she market; but 10 test The accuracy
o. these rumors is nearly impossible.
Buck Meats were IA active request TO- day
ct l2al5c for shoulders aud sides; &c log
clear Sides. There were some sales &c these
hguFes; &c advance is quite uniformly
usked by hOlders. Bulk Hams command
l75zalSc.
bacon Shoulders sid ct Isjkc; Bacon
clear Sides al 1916 At these figures they
are very firm bacon RIB SIDES are qu0tee
a. l65sc, but the demand for them Is less
active than for the other articles.
Lard ia uot offered At less than pc. but
there appears 10 be no demand to sustain
that figure.
Meas PORK had rather q slow market. s9I
IL asked Cor Il uniformly, and sales were
made al that, but buffers show an indispo-
sition 10 take IL as better than $50 30. A
sale Of City al this last figure was recorded.
Country was reported % have sold az $50 as
Plain Hams sold al zoe, 10 a small ex-
tent. Sugar-cured are steady az 70 Jsa23 Jse.
The feature Of the market is lis hrmutss
on Bulk Meats.