Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-07-31


United States 5205 at Y 7-l6.
There is but little demand for uncurrent
money. Bank of Tennessee is bought al
Doc. Southern bank notes are in no de-
mand.
Nashville corporation checks were
bought at Is and sold at be discount.
These checks are taken in payment of all
debts due the corporation.
We seldom hear of anything doing in
our local bonds and stocks Davidson
county bonds issued to the Louisville rail
railroad are worth about 83c Those
issued TO the other roads sell at about 73e.
The coupons are worth 85c. Nashville
and Chattanooga railroad stock is worth
Soc. Louisville and Nashville railroad
stock soc. South Nashville Street rail
road stock 33c. Nashville Suspension
Bridge stock sells at about 93c.
Tennessee bonds sold in New York on
the 18th INST. as follows: $4,000 new at
&c, $4,000 ex. coupons at 682e, $1,000 new
at Cote; and on the 9th $4,000 new at
664c, $1,000 new at 66Bc, and 500 ex.
coupons at 674c. Georgia rs sold at 854c,
and Missouri 6's at lO4tc,
On the 10Th of July, 1866, Tennessee ex.
coupon bonds sold at Tic, and new at roc
1t thus appears the former description of
bonds have declined 34c and the latter
3se.
The New York Journal Of Commerce of
the afternoon of the 9th inst. says: "The
money market continues easy. A large
amount of surplus capital is unemployed,
although offered at extremely low rates of
interest. Call loans are readily obtained
at 495 per cent. on stock collaterals, and
upon government securities at 3(94 per
cent. There is comparatively little doing
in commercial paper, and only first class
signatures find currency. These are taken
at COZ per cent. per annum discount"
The same paper says of domestic dry
goods:
"The market is steady "a to general
prices, but still comparatively inactive, al
though we notice a little movement to-
ward the beginning of the Western and
Southwestern trade, now considerably be-
hind the usual period for its advent. The
firm edge of the market noticeable at the
close of June is little worn, but the rela-
lions between buyer and seller, and the
average prices, are now as favorable as
possible for the opening and maintenance
of a prosperous seasons business. Had
the demand set in after the national hOli-
day as actively as then expected, there
would have been great clamor on the
part Of producers for an advance in open
ing rates, which would have been very in
furious to the trade The stock has since
holders have become more
anxious, aud the balance is now more
evenly held. Those who buy early will
now have all the advantage of selection,
while those whose circumstances render
little delay somewhat desirable, will not
probably suffer materially by the lapse of
ime"
Messrs. Robert LOckhart & Dempster, in
heir circular of July II, report the Liv-
erpool cotton market as follows:
There has been only moderate demand
for cotton during the past week. The
pressure to sell has increased, accompanied
with Uneasy rumors as to the position of
some holders, and the official quotations
are further reduced for almost every de-
with great irregulality in the
prices at which sales were made. Ameri-
can cotton continues in fair request but
prices have been irregular, and are quoted
about Sd per Id. on the current qualities.
For Sea Island there has been a steady de-
mand, which has been freely met, and the
sales made in the medium grades have
been on easier terms Egyptians and other
ong staples have been only in moderate
demand, and being pressed for sale, have
ALLEN I'D to Id per h., with considerable
in prices. East India has
been in fair request, and in the early part
Of the week was salable at former rates, but
within the last few days the pressure to sell
American has reduced the amount of busi-
ness in East India, and in order to effect
sales a decline has been submitted TO of
July i'd. per 10. In cotton to arrive"
he transactions continue limited the
latest quotations are for New Orleans, ba-
,is of middling, ship-named, lO4d. per 10.
The sales for the week amount to ST, $50
BALES, including %, 400 bales American, of
which 43, $50 bales have been to the trade,
1880 on speculation, and IL, l40 for export.
Total stock 748,700 bales, including 1884,
$40 bales American increase since last
week, $500 bales. The quantity now at
ea for Great Britain, AS given in the
Brokers' Circular" is-from America,
10000 bales, and from India and China,
iSl 900 bales total, 72l, 600 bales, against
$4,000 bales at the corresponding period
If last year. Latest advices per cable are
rom New York, dated llth inst, and quote
American Zoe, costing to sell
lere l0sd per ID, per sailing vessel, and
03d. per steamer. To-day the market is
Iuiet, with a little less pressure to sell.
sales, 10000 bales"