The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1866-01-10
FINANCIAL INTELLIGENCE.
D.rLr UNION osrlor.

N--a-A &
Nashville, January 10, 1866.
Gold is declining rapidly in New York
There is 50 much stringeney in the Money
Market that Compound Interest Notes are
beginning TO appear in circulation, some Of
which are worth much more than their fsce.
Night before last, Gold was down TO 1873 in
New York.
Cotton here is Gull, at 40G4lc.
The general markets are unchanged.
The Cincinnati Commercial o. day before
yesterday says:
The Money market appears 70 have come
down 90 last o. an Old fashioned pinch. A
closer selection Of paper and higher rates
govern discount operations, than have for
some iime hitherto. Some Of the banks are
said 10 have about run 20 abe end OF their
string, and all have Lost Currency heavily.
It seems odd That with such a very large IN
crosse in banking capital, as has been made
IN our city and the country generally, such
b condition Of thingl IN the interior Exchan-
ges o. the country should be 50 easily, brought
about. II Goes not sugur well, although
none II the supports Of on rs
present level, are apparently 50 weak as 10
threaten a speedy giving way. There is,
however, observed by some Of our banker
L. be much more Of &" collection paper 4" &c.
cumulhtng, and also that protests or recalls
oi such are more frequent Than they were q
lew months sgo. IN his there are some oil
the signs OF Instability and fc ions ia tsade
that are nos assuring or Satisfactory.
Rates Of intere-t range from 10 per cent
90 is per cent, with twelve per cent about
ialrlE representing the value Of Money Ga
first class paper.
GovsEnmeht securities are a triAe lower
la the New York quotations, and il is oh.
served that the need Of Money is compellinf
a ireatf number 20 be put upon the mar.
ket. The buying rate Tor old Five-twen
ue- o. quoted ~ 419c, the selling Of Sc pre-,
mum. The new issues are bought at ~,
premium and sold al &c premium Ten for.
'ie- continue ~ BE- quoted at g3c buyin
H8Ae ssiiuc.-
seven ihlr,ies are a tribe easier, ranginl
az gsl.c 10 6o+-c buying.
Compound interest notes are brought ou0
q little moie freely by the close, ess Of tbs
money msrket, but are taken quite freely III
q, Sc, Al, So, -. AID Sc premium fol
the various dates, from the trst 70 the las
ISSUES.
Flour Is sgain a. dull ss possibl at S7@
. - frtuprrhne, and IS TO ) So for extra.
Wheat inactive, al ~ s0tgl % Tor prime
old He'd, ~ tor choice, - 20 ior the best O
new. Choice sold White bears q nomina
quotation, al - 20 for Kentucky aud y AZ
for Indiana.
shelled Corn is in demand 1t Coo. Re
tquiet st Ssc.
,.als AVE a stesdy market at see.
Rye IS unchanged.
Barley b. neglected, and the quotation
thal may b. given would only be nomin-l
W. n.H v.efl ..H- 49, a. - D.
free. sud zoe m bond
cotton 3 quiet al 47c.
The Provision market was rather quiet
though holders are generally firm. Tn
best ID y brands Of Mess Pork would hay
brought SIS %. but such were withheld a
that. though there we're sales Of other q
SIS o..
Lard met with some inquiry at l7ic
sales were made II tina out kolcer
bUcume reserved, aud stood Tor aud -
hicher hrufes.
Bulk meats reserved little or no attention
auutatiaas ur them remain a. they were.
Green Meats were dull and lower price
applied 90 Hams. The most desifable woull
uoi bring more than lGl4c, and mediui
were not suleahle above Toe. Shoulders ar
quoted at sac and sides at l2he, with
light dUmuud for the latter, hut very it'll
Tor the iormsr.
cured Hums are IN request al sc for su
cared, -uncanyassed aud packed, but -
H~kti generally ior the best brands.
The demand for them has doubtless bee
"a excess o. thst ever before experieneedG
ta this time Of the year.
Hors had a weak market, bot holder
were firm and Indifferent about acceptiu
suy decline, and in some casvs are sgaIn re
suftng 60 psekiug. The prevailing quota
tons are ailalt 25 Tor ircsh killed.
considerable number OF frozen Hogs ARE oi
ferinr ana have a very hard market, $40
being an outside figure for them. The r,
reipis show a further falling oil, amountin
Co : 600 heed.