Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-09-11

London advlces of the 10th inst. quote
United States 5-2Os at 738.
We hear of but little doing in our local
bonds and stocks. Tennessee bonds, new
issue, are bought at 64c, and the old issue
at Csc. Tennessee 5 per cent. bonds are
worth Csc. Tennessee coupons 72c. David
son county bonds issued to the Louisville
railroad are worth 83c, those issued for
other purposes are worth 73c. City of
Nashville bonds are worth Coo. The cor.
poration checks are bought at 23c discount
Tennessee bonds sold in New York on
the 9th inst. as follows $4,000 ex. coupons
at 66c, $4,000 new at 65}c, and $50, 900 new
at 654c. North Carolina ex. coupons sold
at553@563c and new at 553c, Virginia sx.
coupons at sic, and Georgia Is at 70.
The New York Journal Of Commerce of
the afternoon of the 9th inst. says: "The
money market is moderately active, but
there appears to be no essential diminution
IN the amount of surplus capital offering,
and borrowers find no difficulty in sup
plying their wants at 4@5 per cent. for
call loans on stock collaterels, and at per
I cent upon government securities. First
class business paper at short date is readily
placed at COZ per cent. per annum dis
count"
The receipts of specie at New York from
California from January 1st to August
3lst amount to $19,956, 374, and from
foreign ports to $2,153, $40, making the
total receipts 500, 1920. The exports of
specie to foreign ports during the same
time amount to $39,83O,15O, showing
loss since January 1st of ST., 720,23O.
The amount of specie held by the banks
in New York, Boston, and Philadelphia at
their reports dated nearest the Ist inst,
amounted to S7,879,933. Two years ago
the banks in New York held more than
double this amount.
Our latest mail dates from Cincinnati
report the flour and wheat markets as fol-
lows:
Superfne is scarce, and would readily
sell at So 25@8 80. Extra is difficult to
buy under So 40, and choice brands bring
50 70. Family sells readily at 5000
10 % but there is not much that can be
obtained at the inside price, and choice
brands bring $40 so. Fancy white wheat
flour is held at SO 1901 70 The
market for wheat was a shade firmer, in
sympathy with -four, and sales were more
readily made at yesterdays prices, but no
advance was established. No. l winter red
sold at g 1492 Is; No. 2 do at 81 080
2 10, and some lots, by single, at g u, |
which were thought to be equal to No. l. |
Where wheat is held in elevator, holders
are not offering it below 81 1562 IS for |
No. /. Prime hill wheat sold at s. Is. |
White wheat continues quiet but steady, at |
81 25@2 % for No. l, and 81 1502 20 |
for No. 2.
Our table shows the receipts of cotton of
last years crop to be l869,284 bales
There are few points from which returns
have not been received up to the close of
the cotton year. These will probably |
bring the total receipts up to 1871 900 |
bales. A good deal of this was held over
from the previous year, but the crop has
turned out much larger than was estimated |
during the summer and fall of 1866. The |
crop of the present year is estimated at |
from 100000 to 100000 bales. The |
stocks of cotton held in the various South |
ern ports are much less than any cotton |
year has opened with in a quarter of a CEN
fury. The stocks in the Southern ports on |
the lst inst amounted to only about a. |
500 bales, and there was about $500 held |
in interior towns. There is considerably |
more in the interior, and we have no |
means of knowing how much. Last year |
at the same points the stocks amounted to |
about 10000 bales, or about l42, 900 more |
than the present year. These facts show |
how the cotton planters have been pressed. |
1t is to be hoped the present year will be
easier upon them. The receipts of cotton
at New Orleans up to the 18th inst. amount
ed to 1927 bales, and at Mobile to 982 |
bales A careful count shows the stock of |
cotton held in Nashville on the Let inst. to |
be 522 bales, which was nearly 200 bales
larger than had been previously supposed. |
The receipts since have amounted to nearly |