Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-03-07

The New York Post, of the afternoon of
the % inst, reports little more activity in
the loan market but the supply of idle cap
ital was abundant. The Post says: " The
recent sudden decline in the amount of the
balance at the Sub-Treasury attracts some
attention. 1t is caused partly by the heavier
disbursements of the closing month, but
more, if we are not misinformed, by the re-
hitting to Washington of converted seven
thirties and redeemed gold certificates, both
of which classes of securities are counted as
cash till the end of each month, when they
are checked off the books here, to appear,
we suppose, in some form or other in the
the books of the Treasury, in Mr.. Spinner's
Office, at Washington"
The New York Journal Of Commerce, of
the afternoon of the I'd inst, says:
There is more cheerful feeling in the mar
ket to-day, but no revival of general trade
There has not been time for several years when
all classes of business were so thoroughly with
out life and spirit. Those who must meet the
seasons demand with an assortment Of goods
way possible, and thus there's a little movement
in various directions, but every one notices the
absence of heartness in all the channels OF trade
If the new Congress were not to meet until De-
eember, we shOuldloOk for more animation after
the fourth of March, but no one breathes freely
while this menace hangs over the c0untry. The
market generally presents but little animation.
The dry goods trade shows some improvement.
but transactions are mostly limited to moderate
quantities. and there is no disposition on the
part of responsible parties to engage IN specula-
two priaag Of laqira hla Unnda IN
the whole well sustained; for others the tenden-
cy is to lower rates. Capital is freely offered
acceptable stock collaterals at per cent, for
call loans and upon government securities at
per cent First class commercial paperis readily
placed at per cent. per annum discount.
The New York Times of the 4th instant
says
The trade OF the week past continued to show
improvement in the dry goods line, domestic as
we'll az foreign, and also a fair demand for gen
erai foreign merchandise. The export move
ment also improved to four millions in value for
the week The custom duties paid in were again
large, and will probably so continue this week,
ifnot through the new month The demand for
gold for this object. until near the close of the
week. when about 81 10000 of the 1910 interest
was disburssd, caused decrease Of 81 100000 in
the specie deposits in bank. The greenbacks in
reserve are about the same as last Monday. The
county bank balances, and the course Of currency
IN national bank and greenback notes, are now
advances toward the summer months, this
movement, in the absence of exceptional causes
Of trouble of political financial nature, will
as it did the same season last year, lead to in
creased ease and abundance of supply in the |
money market Of foreign disturbance, there is, |
Of course less probability than when the war in /
Germany and the panic in London we're hanging /
over the gold and money market last spring.
The import entries for the past week amount |
to s. 1893 54 against the total entries of So l07 765
same week last year. The export elearances of /
domestic produce amount to S4,0l7,029 against |
So 1875, 05l same week last year. The export of /
specie amounts to S769 1872, against S7545 same /
week last year. The customs for the week are |
So 262, 204 The receipts of cotton, cOastWise /
and by railroads, are 24,5f bales. -.
The gold values of theimport entries Of foreign /
merchandise Mt New York since July /. 1866. the /
beginning Of the current fiscal year. are reported
as follows-the entries Of foreign specie being /
omitted:
Total since July L.. ,6O7. 159 |
Against the time last year,. 1877 S3O
Decrease since July Sl7 OIL
The currency value of the exports of domestic /
produce and miscellaneous goods from \ eW ork /
foreign articles re-expOrted since July
l. 1885, are as follows:
Total since July 81 S9
Against same time last year............. l42,S2665
Decrease since July l................... 81 49 49,