Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-11-23

line New 1Ork f0H OF the AFTERNOON OF
the 18th says:
:" In consequence of the accumulation of
currency in the Treasury, Mr.. McCulloch,
as is reported, is considering the propriety
Of buying several millions Of seYen-thirty
notes.
The sales are designed to relax the
stringency of the money market, by letting
out the currency which has been locked up.
The Sub Treasury balance has steadily in
creased since the 4th of November, when
the amount was 100000 against no.
| 900 900 laat evening.
The loan market ia in sharp demand.
The symptoms of artificial activity which
began yesterday afternoon are continued
this morning. 1t is supposed that some of
| the large spectators and capitalists who
are operating for fall in gold and stocks
have contributed by various well known
manipulations to these disturbances in the
moveme of money. Call loans are z
per cent. and discounts 7@9. The flow of
currency is still towards this city from the
West, though large number of orders to
| ship currency are coming in for the moving
of the pork crop. The South is not taking
| much currency at present. The rapid in
crease of the Treasury balance during
several days past is regarded by some per,
sons as having decided influence in ag4
| gravating the trouble under which the
money market seems TO be to slight de-
| gree suffering"
The Chicago Tribune says of the corn
crop:
| "The early spring rains, which, in some
sections, did great damage to the cora
which had been planted bnt short time
previously, followed by long drought
during the simmer led many operators to
/ believe that the crop Of corn would be
poor in quality and light in yield, as COM
| pared with other years. The magnificent
weather for ripening during the fall, and
| the absence of early frosts dissipated the
fears previously INDUCED in, and the crop
is now regarded as a perfect success. In
| the southern parts of Indiana, Ohio and
| illinois, where it was regarded az a failure,
| the crop has turned out much better than
We expected. The yield per acre was not
heavy, but as there was a greater breadth
sown, the number Of bushels will aggre-
gate as much as in former years The
| crop in Central Illinois and throughout
| Iowa tnrned ont much better than the most
sanguine ever anticipated, and take the
country throughout, it is safe to say that
there will be as many bushels to be
marketed as in any previous year. The
new corn now being marketed il of a
superior quality. The grain is large and
we'll filled, and if it were only little drier,
would readily inspect No. /. Already il is
having an effect on the market for old corn.
The new crop rules steady and firm, while
the old crop, inspecting mostly as No. 2, is
steadily depreciating in price, and, after
the close of navigation, it would DOT snr-
prise us to see the old and new selling at
near the same 6gnres."
In presence of the small crops Of bread
stufis in Europe, good deal Of discussion
has arisen abont the movements of grain
from this country to trans Atlantic ports.
The Pail Nah Gazette gives the following
details On the subject:
The imports Of wheat from the United
States in September were somewhat disap-
pointing, a. il does not appear thai the
high prices which prevailed during the
month in England had the effect Of acceler-
aiing the export movement from the States.
On the other hand, the deliveries Of wheat
from Russia in September were on very
liberal scale. The annexed figures shos
the imports OF American and Russian
wheat to September 80 this year, as CONS
pared with the corresponding months o.
I