Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1868-11-05

"a hopeful feeling prevailed in Wall street
this morning with respect TO the future course
of the money market, aud the impression was
general that decided change for the better had
taken place. but after one o'clock 1t became ap-
parent that the stringency was undated, and il
was all the more severely felt in consequence of
borrowers having delayed TO provide for their
wants until after this time. The. pressure was
more severe than on any previous afternoon
during the week, and the applications for money
were numerous, while as late as four O'Clock
some of the dealers in government securities
were offering an eighth per cent. commission IN
addition to seven per cent. for loans on United
States stocks over Sunday, in order that they
might make up their bank accounts, which
should have been made up at three. The fact
that the Broadway Bank called IN many OF IT'S
loans amounting in the aggregate il IS believed,
10 s, 100000. tended to excite apprehenslons OF
increased stringency next week.
Bank returns from the Southern States
show the following resources: North
Carolina two and quarter millions, in
Guiding twenty elk thousand specie; South
Carolina two and quarter millions, in
Guiding twenty-six thousand specie; GeOr
gia five and three quarter millions, in
Guiding thirty seven thousand specie; Ala
bama one million one hundred and four
teen thousand, including thirty-seven
thousand specie; Mississippi one hundred
and forty-eight thousand, and no specie ;
Louisiana three and three quarter millions
incluing one hundred and eighteen thou
sand dollars specie; Arkansas one million
and twenty.nine thousand, specie two
thousand five hundred; Virginia nine
millions and fifty thousand, specie eighty
three thousand. Total United States bonds
to secure circulation, six million five hun
bred and nineiy-two thousand, and COM
pound interest notes forty-thOusand.
The Cincinnati Commercial says of pro-
duce under date of Monday evening;
The market for flour has been entirely want
| ing in animation, only a jObbIng demand having
been experienced and that limited IN us charac-
| ter To-day there was, possibly, little more
! tone in it, but the sales were not increased
| 0notations have varied but little since the do
| cline of 25o on Tuesday. We give the hgures
| now at 81 25GJ7 IS for extra, and IS 5OG6 tor
! superfine. The demand is principally Tor the
| better grades. . n.
| Corn has been in steady, good request 0a
| Wednesday prices were stifened, especially Tor
| did 10 81 and for new to 63c. TWAS stlil hrmer
| on Thursday. On Friday old let down a littIeI
| and on Saturday Red ear ranged at 90 9oTi auu
| new was not salable at better than h2c. W hlce
| is rated 2a3c above mixed, but tue delhAhd IoF
New lard has been dealt in to fair extent at
| 15l5c for prime steamed, and 1910 ib52G Ter
| kettle, mainly the latter Inquire; Old mas ABOUT
| been absorbed, passing out at ltc'l
Bacon gradually stifened as the stock was re-
duced, and is now firm at 1870, for shoulders
| Ice l6I5c, l65 &C and l712c for shoulders sides
| clear rib and clear sidS.
| Hogs have been coming forward more freely
than the weather would justify for. killing, and
| though packers have eVinced q disposition 10
| oct under way earlier than usual, there has not
! heen much done. Prices were kept during the
| week AT a wide range-mOst Of the time at 30 81
| al Is, and for extra as high as SIS. iaroTao
| turn in the weather was experienced on cai LI
previously. TO-dsy's market was tIife drmer
| with S7GaS as the range for gross weights, 81 =
| az 50 for net weights. Heavy hogs, as Is usual
| at this season of the year. are rather scarce.