Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-05-09
FINANCE AND TRADE.

Gold is without material change, having
opened in New York yesterday at 1888, was
1881 at II, 1888 at Has, 1881 at 1910,
1875 at 2:10, and closed at 1873 at P. N.
The rate here was 1876 buying and 1873 sell
ling.
Government securities were unchanged.
London advices of the sth inst. quote
United States 5-2Os at II.
Exchangeon New York..was bought atpar
yesterday, and sold by the banks at pre-.
Very little was done in uncurrent funds.
Bank of Tennessee was quiet at 30c. buying
and 33c. selling. Other Tennessee money
and Southern bank notes were taken at the
advertised rates.
Nashville Corporation checks were Of
fered quite freely at l5c. discount These
checks can be used in payment of fines,
licenses, taxes, and for anything due the
corporation.
The New York Times of the 9th instant
says:
The import entries for the past week,
amount te 81 29 967, against the total entries of
IS. S56.56O same week last year. The export
cearances Of domestic produce amount to S.
3l4.7C2. against Si.7 1853 same week last year.
Ibe expert ofspecie amounts TO S7l3.657. against
S996,64 same week last year. The customs for
the week are s. ,3i5 900. The receipts Of cotton.
coastwise and BY railroad, are $3.50 bales.
The gold values Of the import entries of foreign
merchandise ct New 7 ork since July l, 1866, the
beginning Of the current fiscal year, arg officially
Ito April u and semi officially lsincel reported
rs IOll0Ke--the entries of foreign aDaPIR hainQ
Omitted
Total since July f...,.......-..... s225 6ss, 5i6
Against the same time last ear-..... 2s9. 22065O
Decrease since July l..................... l4S
The currency value of the exports of domestic
produce and miscellaneous goods from New York
including foreign articles re-exported, since July
]. 1856. are as follows:
Total since July 6 IT'S
Against same time last year 1876 6 1876
Decrease since July l............-. $40 1851 POI
For the month of May there is fair general
trade going on IN our markets and the activity in
some of the heavier departments of business is
like soon TO be increased by the reopening Of
lakely and canal navigation. In the drygoods |
and domestic commission line. and in general
foreign merchandise, we hear fewer complaints
than on the opening of the spring trade, The
hotels are well filed with country merchants,
and while they buy cautiously and mostly en- |
short credits, the aggregate business is well up
TO the average of last season. There is less fear
of anything like rapid or damaging currency |
contraction, and no apprehension, on the other /
hand. that the Treasury is TO be embarrassed in |
funding the temporary interest-bearing obliga- |
tons of the government as they gradually fall |
due in the next twelve or fifteen months. To /
this end the Secretary Of the Treasury will pro-
baby direct his chief attention and leave the /
greenback circulation. free of interest. substan-
TALLY il stands at present, for some months to
come, and substituting. later in the season, the
$4,000 iegal-tender three per cent. certificates
authorized by Congress, for so much of the /
compound interest notes falling due after the lst
of July, as his current revenues may not enable /
him to retire without interfering with the fund /
ing of the 80 per cents.