The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1866-05-22
FINANCIAL INTELLIGENCE.
DAILY UNION OFFICE,
Nashville, May p, 1866. ]
The Louisville Courier says

Nashville, May p, 1866. J
The Louisville Courier says:
Commercial affairs with the close Of the
week are dull 10 pretty much all depart
meuts, including breadstuiis. which, thong
scarce, are inactive, and flour is dropping.
Prices have advanced during the
month 10 what may be called exorbitant
prices, and, as the speculative demand has
measursbly ceased, some reaction may be
looked for. The supply Of sound corn has
become exceedingly light, and, as a conse-
queuce, the market continues to rule high.
Ia provisions, though the trade is healthy,
there is much less animation than at the
close Of last week, though the market is
pretty well sustained at the advanced rates
heretofore obtained. As in breadstufi5 the
high rates have checked the demand.
The cotton market presents rather an
anomalous cOnditIO having steadily ad-
Vanced in New York in the face of the con-
tinued and persistent decline in Europe,
which has heretofore ruled the home mar
ket. Transactions are light, though fair, as
viii be seen by the summary annexed.
The dispatches TO the Bosrd Of Trade from
New York quoted cotton firm to-day at 36a
35c for mIddiug, with q fair demand Dry
goods We're irregular in price, with a mod
crate demand. L0nsdale, Bic; Hope, 273[c;
standard sheetngs, zoe; Sprague's prints,
lSc; American, l7c, and DunnelPs, &C.
Coffee aud sugar dull and unchanged; hard
sugar quoted at ljZc. Pork active and had
advanced to $50 371I. Lard unchanged at
PIC. Raw whisky dull at 3 2S. Flour
and wheat inactive and droop ng. Corn,
mixed, steady, with fair demand.
The Cincinnati dispatch quoted mess pork
at $50 90. Lard held at 2I5zc.. Bacon
chou dcrs 1880, and clear sides ls5 &c, pack
Cd ErrItr
raw, 81 p. Flour, superfne, 50 OOa9 jU.
Wheat, red, 81 l5a2 %. Corn, mixed and
white, m bulk, JSa64C. Oats 42a46c.
TIe dispatch from Chicago quoted mess
pork at $50 50. Lard 22Jzc. Bacon shout
ders, 10 &c, packed. BuIK shoulders, &c.
loose. Bulk clear sides lie. Whisky 81 %,
in bond. Flour, supeffne, So OOa7 co.
Prime red spring wheat 81 30, and No. 2 at
97csSl %. Corn declined to 46s4gc, in
bulk. Barley 81 Goal 10.
MONETARY.
Money matters remain unchanged. Cap
itBl abundant, and good time paper in de
mand at per cent. Call loans on c0llat-
erals made at per cent.
Gold strong at 1905, Government supply
ing all demands al that figure. Should the
next steamer from Europe quote our bonds
much lower, the SECRETARY will be compelled
TO raise the price OF suffer the Treasury to
be depleted of very large amount OF coin
Ii is eslimsted that he has already sold
about ten millions.
Governments remain unchanged. 5-2Os
l0l ZalO2 : lO-50s, 90a963{; 1905, 102 ia
1927. Certificates, 1907.
New York exchange in active demand at
lie premium buying, = selling.
No es of the old Bank of Tennessee have
declined, ewing TO the recent decision Of the
Supreme Court of Tennessee ut Jackson, 10
re alton to certain payments made to the
Bank in Confederate notes during the war.
We quote Union Bank zoe, Planters Bank
Coo, Bank Of Tennessee (old) 33c. The bet
ter grades Of Southern Bank notes are in
demand at advanced rates; the lower grades
have declined slightly.