Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-08-24

anu Olu7eu az AfA at 5 n. N. The rates
here were 1897 buying, and 14l selling.
Government securities were quoted in
New York yesterday as follows:
sos LIST series ll3If
| 5-2Us I'd series ....--...-.... l0a1z
5-2s Sd series. llW4
5-2s new issue, ..............-... -..-.-. 80 los
| fD-4Os, ...... -.....--..-.--.. lt2I
! 7-30s, LIST series. -....-. lUlts
7-3Os. I'd and Sd series.....-....-..-.......f l0l
The new issue of 5-20s were sold by our
brokers here yesterday at 1885,
Nashville corporation checks were dull
at 1Sc dicount. We heard of transaction
at PIC discount 1t would be well for tax
payers to settle for 1867 before the proposed
additional tax is levied
Tennessee bonds sold in New York on
the 10th inst as follows: $1,000 new at 653c:
$1,000 new at 65sc; and SIC, 900 ex. coupons
at &c, $4,000 new at 653e, and $4,000 new
at Csc. Georgia IS sold at 74c and IS at
SIZE. North Carolina ex. coupons sold at
sac, and new at 541c, and Virginia ex.
! coupons at Soc
The New York Post of the afternoon of
the 10th inst. says:
There is very little doing in any depart
ment of business in Wall street The Pile
thora of money and the prospects of heavy
business for the railroads this fall tend 70
impart some little activity to the share
market, but most Of the large operators
| and capitalists are out of town, and various
sensation rumors from Washington help to
deter from action many of those persons
who are here. The subtreasury balance
has of late been carefully watched in the
| financial circles. To-day some solicitude
has been awakened by the fact that the sub
treasury receipts yesterday amounted to the
| unusually large sum of $12,S05, 548. The
absorbing of so much currency in one day
could not fail, il is supposed TO cause dis
turbance in the money market. No such
trouble has, however, occurred, and the ex-
PLANTATION is found in the fact which has
been frequently commented on, that seven.
thirties and gold notes which have been
redeemed, are counted as cash for short
time after redemption, and are so treated on
the books on the treasury until after the
lapse of few days they are periodically
sent to Washington, when enough has ac-
cumulated for cancellation. That some
such bookkeeping arrangement produced
the entries yesterday is further probable
from the fact that the aggregate payments
about eqnaIled the receipts, so that the bal |
ance was reduced $45, $40 as the amount
was $l35, 23S, GAP against $135, 2S4, 1872 on |
Saturday. The loan market is still over |
supplied with idle capital, and aecommo-
dation is freely offered by the banks and |
lending institutions. The current rate for |
cali loans is soc, with exceptions at A. and |
even 3 for large loans to government deal |
ers. The discount demand is very limited, |
and is met at 64(97, very choice names pass |
ing at 6. There is some drain of currency |
to the West, but it is readily met, as the |
banks are strong both in greenbaeks and |
national currency. Itis reported that some
of the Western banks are lending heavily |
TO grain specnlators." 80.
The committee appointed to make
thorough investigation of the charges
against the administration of the Treasury
Department, will be prepared in a few days
to submit their final report The only ir
regularity discovered has been the loss Of
paper in the printing bureau, which, if
printed, amounts to S25,980 and not to
$300,000,000, as had been charged. This
was traced into the hands of the bronzer,
but it does not appear ever to have reached
the printer. A large amount of paper
which had been bronzed was afterwards |
thrown aside for various causes, and not
used for printing. But these amounts were
regularly checked, except the one parcel
alluded to above. What became of this
particular lot has not been satisfactorily
shown. Ifnever prin!edthere was no issue,
as it was not money until printed. There
is no doubt that the last lot of bronzed
sheets passed into the mass of spoiled paper
as worthless. Secretary McCulloeh has
prepared another letter denying in toto the
charges which have been brought against
the department within the last few days
relative to the over issue of bonds, curren-
cy, etc, in which he also declares that the
statements of the public debt, as signed by
him on the first of each month, are anthem
tic. The report Of the committee who have
ment will be made public in a few days.
The Cincinnati Enquirer says of -four and
wheat in its review of the evening OF the
21st
There is a continued fair local demand,
and the market rules steady at full prices. In
some cases an advance was obtained. The
inquiry was still chiefly forthe higher grades
and the local dealers are the principal buy
ers, though a few lots we're taken for export.
Spectators have not sufficient confidence
to operate, and shippers are not buying to
any extent, the margin not being sufficient
to induce free shipment. A considerable
amount is still passing through this city on
its way to the seabOard. Superfne is held
at So 25 to SO for that made from original
stock, but it meets with little attention.
Extra sold at So so to $40, which is an adj
vance, and $40 l0wasin one or two instances
paid for choice brands. Family is in fair
demand at $40 25(910 so, though some at
the close was asking $40 IS. YIf.. II
The market for wheat opened firm this
morning at the advance noticed in our last,
but later ia the day the market became dull.
There was however, no disposition on the
part of holders to press sales, and prices
were maintained, though CONCESSIONS would
be necessary 30 effect sales TO any extent
There were some orders here from other
points, but these were generally filled early
ia the day. The local millers are not buy
ing freely, as they are anticipating lower
figures. No. red sold at 81 20, but closed
quiet at this figure. Extra is held at 81 70
and but little on the market. No 2 isquOted
81 10 and No 3 at 81 05G92 10. The trans
actions in white wheat were light. No. i
is difficult to buy below g 30, while extra
is held at g 40. No , is quoted s. zoe
2 %. No distinction is made between Ohio
or Indiana and Kentucky.