The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1866-01-11
FINANcIAL INrELLIeENcE
dairy USroS OFFIcE,

Cstton s dull, neither buyers nor Sellers
hang disposed to do anything. We quote
ths fabric n0minaly At Ace.
The fall in Gold causes a feeling Of depres-
Fiou ever where; but there is fall confidence
in 3 not distant resumption Of specie pay
ments. =
The following we quote from our ex-
changes.
The Cincinnati Commercial SAYS;
Government Securities are eli Of little
IN rats to-day. Their depression in New
York b. sympathized with here to 4 greater
deEreefhan usual, because Of The push for
msney. Old fivo-tWentes would not COM
inanc more than SIC premium of any of
the dealers now, and some are down to SC
premium. lsc premium Is an outside rate
tJr the new issues, showed in but Ia one OF
tso Instances. Seveut-hirties are of fun &c
premium, Saturdays quotation, leaving the
range nov s75s99s5s.
al Securities are pressed more freely on
The mErtet, by persons who are having 70
rise money and have short lives ut banks
The New York Herald Of Saturday con
tains the follow nyi
The prevailing dullness Of the Stock Ex-
change is. IN view Of the great abundance
81 money, spuzzie 70 the bulls, ~andsndicstes
a lack o. outside support. The bulls are
neither wary confident nor very spirited.
aud they allow the market 10 20 BY default
iu iavor Of the bears. There is no such lead
er among them rs astonished and alarmed
the bears on the Stock Exchange in 1866
and the early part Of 1864, ana although
the sun chimes they faii 10 make hay
Their speculative apathy, however, which
las become almost chrome, and which was
the main feature Of the market during the
wear 1864 Is not likely b be much further
prolonged. AZ present, people are labOring
under a host Of vague a-pprekensions which
time viii prove 10 be unfounded. There can
l~en0nalerial contraction for two or three
yesrEtocome and all tie talk in which
Congress may indulge concerning il will
have 20 real ELECT although il may exert
Temporarily, a moral influence. The Ma
uansl Bank issues will, meanwhile, continue
t. initiate the currency at the rate of iOar
millions per week. The b0ndholders may
ngitate the contraction question, but, as II
ives IN England after the termination OF tho
Naplleeuic wars. u viii be for sinister pur-
loses. This fundholdefs and landed pfopri
etars of Great Britain were then very zeal
ou- iu calling upon Parliament 10 resume
ssrcio uaymtnts, which was eventually don
nomanaly ia 1921. but y~irtually in 1s25.-
Aud whv2 Because they Ia pei to b,
ootrera an tie appreciation Of the currency
SYa the Improvement Of the public credit
The consequence Of anticipating the work
irrsol natural laws by legislation prove
10 t. highly disastrous in that kingdom
succession Of commercial Ianics, genera
bankruptcies and popular rios being IN
volvee m the train Of consequences, ans
such experience should No, and Il is TO b
haped will not be lost upon as.
MONEY is becoming adrug in Well Street
and lenders are unaole 70 employ oil thei
IDLE funds nt six per cent. The demand
from the Stock Exchange is light, and IN
voiume Of FIRST class paper seeking aIscoun
b diminishing, 60 that lenders VIII soon -
driven % become speculator IN order Q
nae thsir surplus. The best grade Of com
tp.reial paper Is generally taken nj s@s p
c.nt. and f,r long date .. The second an
mferisr ounliues are not in favor ut lO(Qfs
Attbe West there Is no important chang
10 note in Monetary eaairs. The discoun
rates at the banks, in Chicago, on the >
inst, vas ten per cent, and Exchange o.
ne Fsst stnl remained at par, buying, an
$40 premium. selling; but IN the discoun
Enea closer determination was observed.
Tho Cincinnati Commercial OF faesds.
ssys.
Flour. Of inferior grades only, is in dc
msnd. md that mainly for The supply OF
Haur knuHnHFm nrArfea AME hAnA NaAAA
h.ir9 mat mainly which viii scarcely pas
~ snnerGne. The price on sueh, ranges 3
low y 81 80, and for the best grades OF 81
pers,c there be- little or no demand that wi
a.sfan ouotations 1T better than s. So. Il
a., rarre 1t this figure 90 $ 80 NOM
Wheat remains nscHve at 81 eo@l q5 fc
I'd Raa Of prime qualityi 81 70 is an o1tsid
figure Tor neW Bee. ,
1900 naedgsod support shelled has, an
would today have brought Ssc. shelled
= 6rm nj Gee, nc bulk, s5e gunuies included.
0sss sfefafhvr al see.
~. & pt AZ T5c, hut scarcely more tha
~amnasig3 q
Assastv e. .uNehanged.
HehrN.Sg "A. placea up 10 ; 3 again, an
r tssG-rd forst IN bond.
Tb.r&a.Enotlnuch yBrianon in the ten
il ~ picr zion msrket from what il ives q
s.t,rl.V last. The best brands Of ct
49, snfss Pouk are held al S2S 50@2
otlsrrs ~ sciling, 10 moderate eNten
snds some discrimination -, Of cours
% she time u may have bee
k.laK3n havor Of that Of the longer Ia
Eaaa4-s cutting. Lard IL in rogue
8n45cA. bnt A7Ac seefas 90 ~ The tradir
80 u stwhich there h, however, neithI
6,nrh o41,rr nasr much demand.
Bali Nknts receive but very little sttei
rm.ferafsi7c-is adhered % Tor shoo
ana tsc faf slides, packvt.
Hr..ea Hams arc quoted aflkhQt6e, q
fatu,r f,f the rcst, andthe i6riaer fof hes,
rough cat. Green shoulders ere dull,
gi.c. 0rten sides serm % beEr queau'
atIaGIe's che hrure depend rg nronths
.ut and sise. lhe nriereuce beng lar tho
That have noe been culicd from Cor me
FORK Tee msrkeL, throughout, had b
pfiie spirit, ard hinges upon what is 7
suircd on me pot ln regular way, mo
th.n upou . lively c~onhdeuce ia The futu
r7.dt h be had On stuff.
HOES remain 81 about Saturdays rang
SUlaIl ID. as estreme hgures. wlth hUt j
he strength 81 sp,riti n the market Pecrs
are indifferent about taking theu with !
bal 81 certain prospect OF getting them q
-,r. and WITH prcscut temperatate q
.esr.rlv possible toavuid %, sud drovcrs q
auite 6rtn iu adhefinE 10 their hCures
tguntrv dressed Hogs afe stil oEenn
Uaha heavy market ~ motto exceed SIC .
mbe receipts sor ths past forty eight hou'
Ii rrportrd upon he books The Chsnb,
Scrc 100 head.