The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1866-01-19
FINANCIAL INTELLIGENCE.
DAnT Usros orrrcu,


DAILY USIos OFFIcE,
Nashville, January 10, 1856.
There has been 10 change in the markets
since our last. Business is duh aud curreu-
cy SCI rec.
The Cincinnati Commercial v
The Money market has been in an easier
cond ton during the past, than It was dur
ing he preceding week, and has lust fed
The Indications noted last Tuesday, that the
worss OF the pinch previously experienced
bsd probably past. There was. however 4
little closer rubbing to-day Than for several
days past, and the market has not vet ad-
mitted Of any relaxation Of rates OF inter
est There IS very little paper that is not
regarded as worth full 10 per cent, and y
per cent more fairly represents the temper
Of the market, while some names. that are
considered entirely safe, are rated a. high
rs Is, and even Is per cent though these
latter figures are regarded as without the
pale Of Legitimacy in commercial transac-
tons now.
The action Of Secretary McCulloch. in
having q financial bill so promptly reported
"a Congress, is generally received As evil
dence d. settled purpose and a vigorous
policy looking 10 a funding Of the floating
indebtedness, and Of the short loans Of the
Government. The most salient point in the
ball reported appears from the exceptions
taken 20 II, 70 be the proposition TO make a
portion Of the desired loan PAYABLE IN Eu-
rope, but il can only be inferred from the
shape of the proyiso az 10 that matter, that
The Secretary is only 10 be empowered to
use 9 wider field for ehecting his uegotia-
lions with the possession Of that discretion
airy power that IS essential 20 the efficient
management Of his bureau.
Il is apparent that trade at large i not
now much under the control of speculative
lphuences, and there il 4 manifest indispo-
sition on the part Of operators 10 take large
ventures ~ Wild risks.
The Dry Goods market has not been dis
turbtd in its winters quietness by much Of
a demsnd Tor goOds, even in the way Of re-
pleuIshing old stocks, and has rather less
stimulus m the reports from supply mar
kets, where, 10 seems, matters have net
shaped Themselves up for The spring trade.
There is confident feeling, however, that
the stocks Of goods IA last hands are light,
and no reason TO doubt that the character or
amount Of the demand will vary materially
iram what it has been for the year past,
since consumers are Bs well able, and,
doubtless, a. FULLY disposed. 10 supply them
selves literally, As they nave dOne hereto
lore. The undesirable place in the trade is
certainly that occupied By the jobber or in
termediate wholesale, and their policy is
clearly indicated to be that OF decided con-
servAsism.
ln tue Grocery market, trade has been 4
little more lively the past THAI the previ-
Gus week, though goods are not being taken
ia large lots. There is greater hrmness IN
regard 10 sugars, particularly refined, hard
being now hrm At Ice in round lots, and
Is5kc IN q jobbing way. Raw al lSGl5c for
Cuba; ls@l6e Tor Porto Rico. Coffee Of
choice quality is scarce, and can no. be laid
down here, il Is claimed, at less than Sic.
ID, however, would not bring more than
sU1sc, and not that in a large way. Other
graues range down to 251zc, and the current
trade Of the market for the leading grades
Of Rio iups from this figure, covering low
roasting samples, 10 29Ec for prime.
Chee.e is 10 fair demand at l9ld20Hc
Tor Western Reserse and Hamburg, and
2lLc for English Dairy.
butter is steady Al SQ@33c for prime to
choice roll, but inferior grades have q heavy
market at 2O925c.
Clover seed Is dull and hard 10 sell in
round lots. at s. SO, though generally held
at - 90. Timothy is quoted at 50 30.
Dried Apples are ia fair demand al llG
lac. and Dried Peaches at iT@20c, accord
ing 70 quality.
manly confined 10 the inferior grades for
southern account. This, however, has late
~ diminished, and will doubtless become
insignificant with the opening Of the Mis-
sissippi River 20 81. Louis, where more OF
this oaahtv Of Flour is concentrated IN the
csurse of trade than Is here. The quality
referred 70 rated 81 50 10 50 30 per barrel.
Good superhne has been kept al - TO - 80
but tbs 9emand has been very modera e for
surh. Extras have nominal quotation al
Is 90 s %. and family at - 20 $te.
The Provision market has had, with bui
slight exception, a steady, arm tone through
out me week, with S2aa2q so as the gov
eruiur 6eurcs FOR mess Pork IL to lsc
Tor Lard I2isc, l5isc, and l7cI tor bulk
Meats 90 10 acc, i2& 10 lSe, and l61e e
l.e Tor Green Meas. To-day mess Pork OF
good cav brnuds sold az say, though SOC q
- hirhtr Is adhered 10 by most of the reg
Mar IA -kers, aud some even withhold then
stock n $50. That S2s should have been
accepted Today under the New York ad-
vices, Wa somewhat surprising and &C
counted for by some, by the report Of Hes
recent. NJ Chicago, which we're conflicting
but ~sre taken as ind eating q c0nsiderabi'
Pr,me Lard sold at Isc today aud is aru
though not active al that
crease i quoted Al il1Fc for brown l29
I8lfc ior yellow, l3h@ishe for white.
Bulk Meats have been IN daily request
but transactions have, 80 FAR as made pub.
} G. been on q moderate scale etthe quota
lions named above.
Baeon seeuldcrs have sald at l5isc
sides are quoted a. NJ &c, and clear Sides o.
leA 10 zoe.
sugar cured Hams are selling at 24@2se
u~ncanvsssed aud packed 2Sta 2ec tor can
Kaus-ed.
Gfeen Meats have varied some With IA.
100 A. - ~-anl Tn-NnW EAnnlaar
were cold a. aa,c, Though lee - general,
sslcd. sides arr quoted AZ l22l@i3c, sn,
Hsms st lGA@I5e, the latter Ior ligh
weights.
no. have been very regular in dsily re
reipt. and co reSpondingly steady IN PAIGE
IL appeara now that the dehcieney in nun
b~rs Ct thii point. ~ compared with lns
season, i very certain 90 De made mp. ou
tbc general policy governing the mafke'
errus 10 be that OF q conviction that the az
vreyafe supply ID the country az large, RET.
.ukaanainr the large Increase in weight
Will b. abort. aud Q markct for The stan bad
M. ergregate shipments 50 far this season
a, M varv much from those made % th'
ssmr date last season, and 80 far this year
thew have been mainly upon ordcre Tor COZ
rumipr markets in our own country, with
very lule taken ior i1ielsa ASooont- IN
utsk.n as az assuring isrt that the trade
ha.s 6sir home basis with reasonable con
tlurcucies FOR q foreign demana IN the iu'
NJ Thi. fzsture OF The calculations 81 70
az. m.-..nf Inc trade, has toHae strength IN
the tsrt hat il hss hCsn the tupposed theo-
ne business il Chicago that pack
rfs there are no. holding heavy stocks shcre.
ltcan not ncasoasbly BE- calculated, how
ever tbgt he {. last beg" are IN sight yet,
and there Is certain prospect Of has coming
in we'll loaded vi b ell the concentrated
ovm he eau carry. The mafHei 10 Jay We
arm 81 Sil - 90 81, WIN : '"'s 0''i s'"s'
head a. the reported receipts.
We are favored again with = slip from the
Price Current. showing
trcuru O. Haes FoE rHK uEEE ANp sEssoN.
IN. r.,.;p,s Of Hoes 81 this place for the
WrrE "A -, we're Is follows:
-
10 ~