Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-09-08

London advices of yesterday quote Uni
ted States 5-20s at 7Ss.
| Exchange on New York was furnished
by the banks yesterday at 81 per thou.
sand.
Nashville corporation checks we're bought
by brokers at 25c, and sold by them at DO
discount. These checks are taken in pay
ment of water taxes, and for any debt due
the corporation.
There was but little doing in government
securities. The brokers were selling the
new issue 5-2Os at 1O83.
Tennessee bonds sold in New York or
the 4th inst. as follows: $4,000 new at 644c,
$4,000 new at 64sc, and SIS, 600 new at 644c
North Carolina ex. coupons sold at 544@
SOC and new at SAC.
The New York Tribune reports that the
demand for currency from the interior con-
tinues, and large sums are passing from the
city by express. The demand, it says, has
commenced fully one month earlier than
usual. The Tribune states that loans for
Southern parties have been made as high
as 2 per cent. per month, secured in the
strongest manner.
Messrs. M. RAIDER & Son, of New York,
say in their circular of Sept. 2
The demand for tobacco was quite active
and regular for export during the fore part
of last month, but very little inquiry for
consumption, with sales of about 1000 hhds..
mostly for contracts for France, Italy and
Spain, prices, under the adverse adyices in
regard to the crop, having become frmer,
without any marked advance, except on
heavy sorts, when an avalanche of letters
and kilograms, giving the most doleful &C
counts about the crops, first on account of
long drought, afterward too heavy rains,
and in some counties destruction of crops
by hail, with heavy orders to buy up cut
ting and substantial leaf for Western ac-
count, created a strong speculative demand
taking off the market about 1000 hhds.
more, at very full prices. During the last
three days about 1900 hhds. more were
taken by the contractors for France, Italy
and Spain, and 500 by spectators, swelling
mus tiAC SdACo Va AAOHtL W AOyOOO liuOS1
and leaving the market in a state of ex-
element, which makes it next to impossible
to give reliable quotations, and we can only
state that an advance over our last months
quotations of 4@lc per h., on low, 1@2e
on medium, and 2@4c on fine grades, is
generally demanded.
1t is generally admitted that the crop of
this year will be less large, probably by
one-fourth to one.third of last years yield,
and that in some sections the plants are
rather backward; but as the 1866 crop
proves to be over 120 600 hhds., and on ac-
count of its great usefulness has been taken
up for the most important market abroad,
they already have sufficient supplies to
make them, for considerable length of
time, independent of all the influences
here. Ft
The present asking prices range from to
4e per Id. higher than on the lst of August.
Arrivals August, 1867, IL, 1873 hhds.; same
time last year, 1858; from January l to
July 81, ,172; same time last year, A.
348. Stock September l, 1867, 29,906
hhds.; 1866 1858; 1865, 80, 45O; and
1864, 36,647. Sales from January l to
August 81, 1866, q 400 hhds.; same time
1867, SO, 100 Exports from January l to
August 81, 1866, 80, 524 hhds. same time
1867, $1,000.