Daily union and American. [volume] (Nashville, Tenn.) 1865-1866, 1866-05-05
MONETARY AND COMMERCIAL
oPYroE OF THE UNION AND AMERICAN. |

SATURDAY. May D, 1866.
MoSErARY.-The following were the quotations
for gold in New York yesterday; opened at l275z.
l273S at II; l271 at noon. and l2712 at Pm This
is decline of Nc from Friday.
Bank of Tennessee notes remain firm at % cents,
with but little offering. Brokers sell at 20 cents
and in some cases at fraction less.
Planters Bank is scarce and in demand al g.
cents with very little in the market.
Union Bank for the last few days has been
weak at IS, and on yesterday the price settled
down to 20, and it may be considered weak at this
figure.
Southern money generally is very dull, and ex-
cepting few banks, is hard to sell.
CoTToN-The sales on yesterday amounted to
20 bales at 20926. mostly the latter figure. Re
ceipts light. New York dispatches quote Cotton
unchanged; 1894 for middling. Nothing from
New Orleans.
MISUNDERSTANDING has transpired since our
last report to change the market, except a slight
advance in flour, bacon and lard; and our former
figures hold good in all other articles.
The demand for all articles has been
satisfactory to those holding on for a general adj
vance. and we doubtless will have to note a
change either up or down IN very few days.
FLoUR.-With an active demand and an expee-
tation for a greater advance, holders seem in
different about pushing their stock on the mar
ket, which added to continued unfavorable re-
ports as to the wheat crop in the Northwest,
makes our market rather uncertain, and we quote
superine at 5000 50; extra 50 7O9lO 50: family
$40 759l1 so; fancy $l29l2 so; and sale was
effected for go barrels strictly fadcy at Sl3.
CoFFEE.-Owing to circumstances, the coffee
l. m ~.
fair to prime 271l@28; while strictly choice only
brings 29c.
SUGAR.-This article has been on a stand, and
there is no change in our former quotations say
for Cuba 131lal41zc Porto Rico 15@16c; New Or
leans 179lSc; Demerara 1I14@lSc; Standard
Hards 19c; coffee 1876; coffee Is; coffee
1713c; Yellow coffee l6@l7c.
MoLAssEs-Business light and sales limited.
Quotations may be set at for New Orleans 81 30
! IS; choice 81 4O@1 50; Porto Rico Sl@l 25.
Syrups range zoe, S5c, 81 25@l 50.
BACON-Has taken rise and will probably
still advance and we notice a brisk demand and
heavy sales, 15@1512e for shoulders; clear sides
lS149l9c; ribbed 171Zc hams 2lc; and sugared
22923c.
LARD-Has run with bacon and rather out
reached it, advancing about &c during the last
week. We quote terce at 2lG22c, and keg 23@2ic.
CANDLEs.-As grease rises we notice increased
activity in candles and prices range shade
higher than our last quotations. light weights at
10000; tallow Sc IS for box of g.; SSGS 25
for IS.
CHEEsE.-Inactivity rules the cheese market,
as there is very little of good quality on hand,
and the prices are nominal at old figures.
SEEDs.-The lateness of the season has almost
closed the demand, and we can give no reliable
quotations.
NAus.-lhe market is dull, and we quote $50
% for los and 25c higher for lower grades.
SALT.-Receipts heavy, sales light at 81 . for
bushel barrels.
Unconstitutional circumstances relative to
appointment of Inspectors in many portions of
Tennessee have operated seriously against the
liquor trade for some time and legitimate dealers
must suffer seriously therefrOm. We quote
Bourbon at $394 so; Robertson s. 1906; Common
81 2592 so; French 81 5O@S; Apple S4@5 50,
Peach s. 1896.
GRAIN.-Corn has been in pretty fair demand,
for mixed size; and fine white at 9212c delivered.
Oats have ruled quiet and holders offered at SIC
on levee and Coo in store
Upon the state of the market at Louisville, the
Courier Of yesterday says:
Commercial affairs, Though dull in most of the
leading departments, were excited again to-day
in provisions, all qualities of which had very
decided upward tendency, with n speculative in
quiTy for pork and bacon. The bears have turned
to bulls in the market, and much buOyancy of
feeling prevails, and no person pressing stocks
but all parties holding ofanticipating even higher