Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-07-18


iubsi hin nov, bis statement is directly euptrovsrsd to
s5U where the wrong lies and who the wTongdosrs 1e
being the party upon whose standing credit then rested as
most reasonable demand 20 Of him, and without such an
exposition his reputation, high as It has been cannot pass un
scahed through the ordeal Of public seuuy. where great
wrong hiss been dones IN this case and where tbs outside public
can GOV Roihng Of the transactions ry which ty have @
GRAFTON vii mpel abe guitess seek and obtain thorough
Jones have agreed place assets Of the the hands Of
proper re:eiyer who win Distribute nc proceeds 70 the rsors
Thsrpors that come to US Of tie amount Of these assets
various some alleging that they considerable and onsrs .na
developments.
The Baa comments upon the card Of Mr. EAEKEa IS III
lows:
Thus far the issue made before the public BY Capt. Turner'S
card between TIE previous and management Of the Bank -
fully met But the question in which the pubic concerned
has not yet been touched and deoves upon Capt Turner now
Nothing else but this the OF those
cause Of their losses With hisand Mr. Walkers private ansc'
TOPS the noteholder far public sased, have moth
high character herto show c6yand h0l0 has been that
thsT confidence has been 50 wofully betrayed.
This net only special duty regards particular case Of
hslae Presidency Of the Citizens Bank. but general duty as
citizen IN regard to the eas Of banking which has existed
among US Here aninstuon which, FOR several years. has
ppc confidence, under the direction or tao gentle
men Of % character 1t has done large business, and until
Monday last has redeemed its obligations other Banks Of the
state Within the last six months it is alleged to have made
profits to the amount OF Si500O. And yet suddenly and unex-
pected 1t Is wreck its Golfers exhausted, its notes to the amount
ofhundres Thousands al uinou discount and IN
sacbethe earnings Of hard labor wasted nothing in an
hour Ana s Is result Of b1ag under the favorable au-
spices Of high personal character and uudouhe credit Unless
there he substantial ease for sch an unlookedor
cats rophe plain and honest people will settle down in the con
vction hat all sHch banking IS ttle r than obtaining money
under false pretcnCes, not whit more moral hazard
OF game OF cards No elevation % personal character, degree
Of social influences can or ought CLOS excuse the in
The Es and Enquirer contains the following report Of
atrial teiose J. WAtDRos, Esq:
"Beyyves. F.W Folle7 tss,,, 3Tbis was an action
brought three dollar the Citizens Bank AGAINST the
deiendaut one Of Tic Presidents % said banking concern Judg
for H. plaintiff. The learned Justice Held thar whoever put
his signature to note Of t fraudulent Institution ndyd.
ually liable"
The same paper says has been unable to learn the number Of
heocers Of the Citizens Bank their names but the bills
circulation are signed by three Presidents viz D. B. TURNER W.
NJ FoLwEI, SAMUEL p. WALKER. The cashiers are W. A.
JoSrs, J. CoREE Jr and JoHS sAy Here are six persons
share the responsibility unless others are discovered
The sheDg1ile CoR1i0aalist says OF the Branch Of the
Bank Of Tennessee at that place:
The Branch Bank at this Place never has suspended "a tOo
specie payment every instance Tor all ordinary pur
poses paid the metal when demanded The Bank viii pay
specie when demanded by money bankers or brokers'
where there the least suspicion The Bank has always paid
specie to citizens when they intended for speculation.
We think We would hazard no IN gay that the Branch Bank
Of Tennessee Shelbyv is the best bank in the State, well
managed ard conducted The directors are efficient and
they will not do thing to nurg me public confidence This
Branch redeem her circulation In god and she will
redeem paper when the people Of its district demand it,
It specie paying hank orau ordinary purposes and not foE
specializing men.
Nashville Market, July II.
COTTOS-Tansacton continue very limited from the fact tha
holders are keeping their Cotton for better prices
tremes Of the market may he quoted at CLIO.
TOBACCO-The transactions Of the week sum up only few
hOgheads mostly of the lower grades Buyers pay liberal pr
according to quality. The New reans True Deta Of the q
says:
We stated last review that operations had continued
liberal SCALE embracing fully 2i0O hogheads The sales repor
since, up last evening" comprise uO hhds mostly on priva
TERMS but understood 10 be az easier rates On comparing
do not find it necessary any reduction figures To
day the business embraced . hds in three lots private terms
making total for the week OF about Oo hhds We repeat GU
quotations as follows:
E f. ;si: 5 e5s e., 5 s:::,. s
Choice GAINESVILLE, llGl3
PROvIsIONsThe Bacon market continues quiet, the receipt
being light and sales limited Dealers paying, from
wagons, Shoulders, CSC for Hams, the latter figure
for very choice article and sss1sc for Clear sides. Prom
store an advance Of &c is demanded these quotations
The Augusta CoHfitlai0Rdlist Of the 18th says:
The supply of joint meat is considerably reduced and prices fol
good shoulders have improved. we quote Tor sloa1eEs
Tennessee clear Sides selling at lie and ribbed sides i0
for Western clear Sides % and for rib and backbone sides iOc
There very ue Tennessee Dams the market, except
canyassed Hams, which sell by the ca from 2 70 Il cents
The supply u Latdis fair, and IN b sells d II - but in sma
packages for choice Lard ~ l3 readily obtained.
GRAIN ANDFLoUR.The market for heat continues steady
at 65a7Oc for Red, and 7Oa75e for White.
For Corn hear Of demand, except for domestic conp
ton. Dealears are asking $50 4Oc.
For Flour there export demand quote 81 OOa4 SC
as the ruling prices for Extra Family.
The Cincinnati Price Current OF the 18th says:
Dealers In Flour Grain kept Of suspense by the
contradictory reports that continue to come TO hand with reference
the Wheat and other crops Holders Of Flour regard the pros
poets hgherpros dscouraging and the other
side are somewhat disposed tue view Of c=e,
still they willing risk investments while figures in
the eaboaT and foreign markets are 50 much lover relatively
than present quotations
The Augusta Chronicle aad atiHez Of the 18th says:
Within last few days there has been considerable export
rF lFr-v ELL
a. "a 49,, n -, q ~ m " -, l os IN
Family s. 90 to % do Extra 81 jOto -; do superfnt
"a . to 80.
GROCERIEs-Tle grocery market, with ample supply
the demand exhibits the usual dullness of the
though merchants fully satisfied with the trade. We
quote Sugar hhds 66ssc, in barrels sa9e Moasses,
bGs 35c in half bbs 35s3c; Sugar House, 4Oci Golden
Syrup a04IOOc; Rio Coffee l2l.al3l5c.
BAGGING AND BALE ROPE-There is very little doing in
te articles. quote Kentucky India 2c, and
nessee, wide, at sc. Bale Rope is selling at 9ellc.
The New Orleans Ti1,e Delta Of the 81 says:
The demand for India BaggnC has been more active tees
up to the last evening having comprised 300 I47
IjlSc, mostly day 300 bales sold about
the same, and 50 bales in rolls also at SIC which refused
for Other lots held at &c. Kentucky Bang continues quiet.
and re 2Sc The sales Of Bale Rope include 1900 coils
al g. g6tsc for machinc.
BAGs-seaus per doz So Machine seved, per dOz, s4;
Gunny, 81 bush, p Q lac each.
IRON AND CAsTINGs-Tennesee bar SIC; PittsBurg bar
SIC; Band 7GT &c; Hoop S5z99zc; Sheet, 5a9; Common
Castings Mill Canks and Gulgons sc; Wagon Boxes,
4lsc, 3 ID Pig S3OG35 ton.
wHIsKF-We quote Recaed at aO92lc, and Country 4O8
Coo q gallon.
LEATHER AND IIDEs-Fhe market is we'll supplied with
Leather which we quote follows: Oak hemock tanned sole
and harness $780, kirng 35c, upper S2s3O dozen.
Dry hides are worth Il = a l5c, and green IG5c b.
CATTLE-Buehers paying 59jic neat snd2a3c gross
for Beef Cattle and 81 5Oa2 50 for Sheep.
FEATHERs-Llve Geese command 3593sc when put up in
good shipping order.
sUNDRIEs-Ginng 4Oa45ci Beswax 2O922c; salt 81 90
I so; Star Candles 1890.
BANK NOTE AND EXCHANGE LIST.
Bank Of Tennessee, par Lawrenceburg Bank IOcds