Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-08-31
London adrices ofre.terdar nnole rni

| States 5>20s at 49,.
Exchange on New York was sold by the
banks yesterday at 81 per thousand.
There was some little demand for Gov
eminent bonds, and dealers were holding
3 20s, new issue at 10Sf.
Nashville corporation checks were not
offered quite SO freely, bat there is no inn
proyement 10 rates.
Tennessee bonds sold in New York on
the 9th inst. as follows: $4,000 ex. coupons
at 66le, $1,000 ex. coupons at 66Ic, $1,000
new at 65lc, and $4,000 new at 65Bc. North
Carolina ex. coupons sold at SIC, and Vir-
ginia ex. coupons at SOC.
The New York Journal Of Commerce Of
the afternoon of the 9th inst, says The
market presents but little speculative ami
nation in any department; although in
mercantile circles there is moderate bus
iness doing TO supply the current wants of
legitimate trade. Prices of breadssuhs
generally are lower, and the tendency TO
further decline. Provisions of most classes
are inactive. The drygoods trade shows
some improvement, and values Of most
descriptions are we'll maintained. Money
is abundant at per cent. for call loans on
stock colaterals, and at SO per cent upon
government securities. The best CONNER
eial paper at short date is taken at 6k@7
per cent per annum discount"
The New York Post states that the most
sanguine anticipations 10 relation to the
harvest are being realized, and already the
crop transportation is so heavy that the
railway traffic returns show a large increase,
and these are likely to continue to do so
during the remainder Of the year.
The following is an official record of the
exports of cotton during the fiscal year
ending June 30, 1867: Uplands and Sea
Island exported from all the ports of the
United States, 667, 49,, $40 pounds; value
in currency, az declared by the exporters
on their clearances, S202, sos go The
admixture of sea island with the uplands
explains the seemingly high valuation.
Official comparisons with the foreign sta
tistics reveals the fact that the cotton on /
arrival abroad fully realized in the market |
the values sworn to here, although the
price of cotton has declined since October
last. The exports of cotton for the fiscal |
year ending June 80, 1866, were, including |
Sea Island cotton, O,572, 500 pounds, |
valued at 1921, 1856, 22S.
The New York Bulletia, after noticing
the fact that though in August of last year
estimates deemed moderate, calculated from
the growing crop at that time that the /
yield of cotton would reach 100000 bales,
the actual yield will not exceed $50, OO0 |
bales. That paper iudiciously abstains
from any attempt to figure out the amount
of this years crop, since all such figuring
is mere guess-work, and often very wild |
guess work. 1t however gives a summary
of the crop reports from the Southern Cot
ten States, and upon the whole, according
to orr own information from that section of
the country, deals fairly with these reports.
From South Carolina especially, and from
Georgia, the accounts are more uniformly
favorable than from other States though
the Tennessee and Arkansas accounts are
quite encouraging, with only the drawback
that the quantity of land cultivated in cot
ton in these two States is less than last year.
II is probable that this remark applies to
the entire cotton region. From Alabama
the reports are less favorable, some damage
having been done by excess of rain, but of
small moment compared with the mischief
actual or apprehended from the worm. In
Florida, the rains had done good deal of
injury. Reports from Northern and Central
Mississippi are good; but far from being
20 as to the Southern part of the State
where the rayages of the worm are said to
be extensive. Louisiana seems to be worse
by the visitation of worms than
my of the other cotton States. The cropin
his State will probably be very short. The
reports from Texas are quite uniavOrable.
In extensive districts it is not believed that
half crop will be realized. The reports
rom these States do not warrant an attempt
o fix the final yield for this year, though
.arly in the season some prophets were
anguine enough to predict q yield of
100000 bales. As, perhaps the breadth
If land planted in cotton this year is less
han it was last, and as from the best por-
ions of the cotton region, reports Of the
of the crops are less favorable
low than they were last year at this time,
We see no good reason for anticipating a
anger crop this year than resulted from the
operations of last year.