Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1868-03-27

The New York Post of the afternoon of
the 23d inst. SAYS:
"The loan market is active, and a num-
Der of loans have been called to-day. Call
loans are per cent. sharp. In discounts
there is nothing doing. The preparations
of the country banks for their quarterly
statements and for the general settlements
of LIST April will probably operate,ad-
versely to monetary ease for a fortnight to
come but the treasury payments it is hoped
will, as far as possible, be deferred few
days till the temporary pressure is over"
The Cleveland (Tenn.) Banner of the
Goth inst says;
"Corn has declined in this market to G5c
per bushel. Wheat has also declined to
81 so per bushel, dali, with several buyers
going out of the market"
Messrs. Lockhart & Dempster, in their
circular of the 9th inst, report the Liver
pool cotton market as follows:
The reaction from the previous excite
ment which characterized our market last
week, continued on Saturday and Monday
last. Cotton on the spot was especially de-
pressed. owing to the bulk Of the previous
weeks imports being forced upon the mar
ket by spectators who had bought "to ar
rive :" and as Manchester trade continued
dull and lifeless, and the receipts at the
American ports for the week were larger
than had been generally expected, spinners
bought very sparingly; many of them also
were sellers of the cotton they had pre-
yiously bought in anticipation OF further
rise. On Tuesday morning, however, the
market opened with an improved tone, par
ticularly in cotton "to arrive" Later in
the dav it became known that the Man
chester market, under the influence Of
stronger reports from here had become &C
tive. and Immediately large demand set
in, the market being almost entirely cleared
of all the cotton Offering either on the spot
or to arrive. On Wednesday the rush Of
buyers was greater than at any period OF
| the previous excitement, the anxiety To
purchase being stimulated by rumors that
large orders had been received from New
| York and New Orleans; 4 10 Id per ID adj
vance on the previous days prices was free
| ly paid, and the sales on the spot amounted
! TO p. 600 bales. Yesterday the market was
| again active, though al prices barely equal
| to the extreme rates of the previous day,
| and to-day the excitement has died out,
| the sales on the spot amounting to II, 900
| bales. The market is now in the hands Of
| spectators, who have bought heavily Of
cotton to arrive, and, owing to the small
ness of the stock on the spot are still able
to control prices to the serious detrimeni Of
| the regular trade both here and at Man
chester American cotton has been in
large demand for two or three days past,
and prices, after declining about ID per ID,
have rallied, and now close about IA per 10
| above the quotations of this day week The
| transactions in cotton ITO arrive" have been
| vera extensive; the latest quotations are
for basis Of middling. shiF-named, from
| New York. 94d; from Charleston, 81 from
Savannah, 9sd, 93d, and lilo; from Mo
bile, ed and 9{d, and from New Orleans,
l0d and gid per ID fair new Oomrawuttee,
ship-named and February TO April ship.
ments, Sd per ID. The sales for the week
amount TO Il, l40 bales, including "A, $40
bales American; Of which -, 26O have been
10 the trade, II, $50 on speculation, and
1880 for export Actual export 1879
bales Import 1O0,895 bales, including
| 50. 832 bales American. Total stock, 326, :
$50 bales, including 1890 bales Ameri
can. The quantity now at sea for Great
Britain, as given in the BrokerS circular,
is: From America, $4,000 bales, and
from East India and China, $4,000 bales
total, go, 600 bales, against ZIG, 900 bales
at the corresponding period OF last year.