Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-08-13

7 u & S. -..s .sss-
5-20s of 1865. Sd series-.-.....-..--...--. IDS
5-2Os new issue, -..--............ --.-.--- loss
| lO4OS, .-.........-. lC254
| 1-30s, LIST lUlt
7-S0s. I'd and Sd series...............-.... l0l5s
London advices of yesterday quote Con
soils at 94s and United States sos at 7344.
New issue United States 5-2Os were
bought by the brokers here yesterday at
108i@1O84 and sold by them at 109I@
109l. Bonds of smaller denomination were
held at 2@1c higher.
Sterling exchange was quoted in New
York yesterday at 1l0@1loB.
Exchange on New York was taken by
the bankers and brokers here at par and
sold at ITO premium.
Corporation checks were bought at 100
18c discount and sold at lac.
Tennessee bonds sold in New York on
the 9Th inst. as follows $4,000 new at
674c, $4,000 ex coupons at 692c, and SlO,-
600 new at 674. North Carolina ex. coupons
and new sold at size, and Georgia Is at
74c. Missouri bonds loaned to the Hanni-
bal and st. Joseph Railroad Company sold
at SOC. Other Missouri State bonds were
quoted OF the 9TH inst. at l034c A CORES
pendent of the Memphis appeal gives the
following explanation why Missouri bonds
are quoted so much higher than those Of
| Tennessee:
"Allow me TO make statement as to the
| relative value of Missouri and Tennessee
bonds: Missouri provided for the funding
of her coupons in ten-year bonds, at per
cent. for the first and 10 per cent. for the
last year, averaging 6 per cent. l sold cou-
pons in New York last week at 81 cents on |
the dollar. To be worth 104a Missouri |
bond must have attached thirteen coupons, |
to-wit: LIST January, 81 to LIST January,
'67 inclusive. They are worth S2I0 90 at |
"a cents. This would make the bond ex |
coupons worth 80 Missouri paid no cou-
pons until the LIST of July, 1867, or perhaps |
July, sc. Then the quotations were made /
for the bonds, en-. coupon. This means the |
old bond. The new bond is issued for in
terest on the old bond, and there are two
or three cents difference in their values.
Elk coupon bonds are worth about 49, az
last quoted. That Is the true difference
between Missouri and Tennessee bonds and
tits erroneous to quote one against the other,
as in two of your late editorials 1t should
be 81 or SO rs. 60 or SO, for the old bonds.
When Missouri issues new bonds, funding
the past due coupons, they will be worth
about 81 TO So, as the interest will be per
cent. for the first year. Tennessee bonds
are worth IS to 81, as they bear per
cent
The New York Independent Of the 7th
inst. speeulates upon the present condition
and future prospects of the drygoods trade
as follows:
There have been some large purchasers
from the West in the market during the
week, for domestics, and prices have stiff
fened up little in consequence. Jobbers,
in anticipation of the revival of trade,
have also bought largely, which has led to
a slight increase of price in certain styles
of goods but there has been no marked
advance. This season can hardly be said
to have fairly commenced; it is only Just
opening. But buyers are confident, and the
commission houses and large manufacturers
are willing to make concessions to encour-
age them.
"The stock of manufactured goods on
hand is fully equal to the demand but
then the demand is likely to increase as
the products Of the West and the South
find their way to market. The greatest i'm
provement has been shown in the demand
for unbleached cotton of all qualities, while
for some descriptions of bleached sheetings
there has been a very fair demand, and
prices have been advanced half cent a
yard. Wamsuttas and New York Mills
have been in good request. In drills, prices
have rather fallen off, owing to the large
accumulstions of stock in first hands. Cot
ton jeans have been in improved demand,
without any material change of price. The
better qualities of stripes and ticks are
wanted, but there is little doing in the in
ferior styles, Denims and cottonades are
steady at our quoted rates, but the poorer
grades are not in demand. There are very
limited sales of gray printing cloths, and
prices are irregular. During the war, large
quantities of those goods were imported
from Manchester, the duty on them not ex-
ceeding twenty per cent. but under the
present tariff they cannot be imported to a
profit. The demand for dark prints has
been very considerable since the fall styles
were put upon the market, and good pat
terms meet with a ready sale at quoted
prices.
"There has been but very limited call
for ginghams, the season being too far adj
vanced for light styles, andihe fall patterns
not being yet in the agents hands. Rolled
iaconets and cambries are in good supply,
and the better qualities maintain full rates.
Silesias are in request, and prices stiff.
Linseys are inactive, and prices yielding
In muslin delaines there is little doing.
owing to the non-appearanee of the dark
styles, which are the only patterns wanted /
at this season, except for the retail trade.
The trade in shawls will soon be active but /
prices are not yet settled. Some of the /
shawls of the Watervleit make, which |
have appeared in market, have attracted /
attention by their superior quality, and the
novelty of their designs This is branch /
of manufacture which is yearly growing in
importance, and American shaWs will soon
crowd the coaser kinds-Germsn and Scotch
shawls-out of the market. Italian clothes
continue in active demand for clothiers,
and prices are firm. Woolens are we'll sns-
tanned Coatings, cassimeres, and satinets |
are in active demand at quoted prices.
Kentucky jeans sell more freely than they
have done, except the poorer qualities,
which are not in active demand. Flannels
and blankets improve in demand az the
season advances, but prices remain steady
at quotations.
There is nothing to report Of any
change in relation to foreign goods. The
importations are still light compared with
the importations of last year; bnt there is
not an excessive stock on hand, and prices
are fully kept up. In worsted or fancy
dress goods Of good styles there is good
4 \ 1 l.
Of plain styles, and the new patterns rom
Ivnne some of which are erfrerneIv hean-