Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-01-15
COMMERCIAL.



Of that community. The statements show the fol
lowing aggregates: Capital, Sl0,IG0,345; invest
meHts, S3i2,O37 10; discounts, ST., So2, 695 81
specie 81, 1887 60; circulation, S3,05s,643; de-
posits, 6,O82, OO7 &c.
So much Of the present condition Of the banks Of
Philadelphia as has been made public under the new
Jaw, shows very decided improvements on the con-
iion Of the same institutions, since about the 4th
Of November last The loans and discounts have
been increased By some of the banks, and decreased
by others. the result in the aggregate being much
the same on the LIST inst as it in November The
deposits probably have been decreased. This item,
however has little bearing the question Of resump-
lion Of specie payments, as we believe the banks
have special agreements with their depostors not to
damlnd coin until the lst Of July next Conse-
quently al the liabilities that they have to provide
themselves to meet with coin, on demand are eircu-
/ lati0n and bank balances. The circulation Of the
sixteen banks reported is $685. S94, while they hold
S36lS l54 in specie. Thedeposits are 81, sos ia,
and the loans l2lO,4 Az. The increase Of specie
since the LIST Of November last is 81 447 $50, while
the decrease in circulation for the same time is ST.
I 152,2l9
from Boston and New York, reached SIO, l65, rs,
and the arrivals from all quarters s., 1902, 442 In
November the receipts were s., 4OO,U 900 more than
the shipments.
The receipts Of specie at New Orleans, from Sept
/ /, 1857, to Dec %, 1881, we're S5,544 2GO same
time in 1856 81 PIG, Ol2-iucrease in 1857, So 334
2I8
The officers Of the banks in Pittsburg held meet
ing a few days since, and came 20 the conclusion
hat they were able and ready to. resume specie
payments whenever the banks in other sections Of
Penu5y vania resumed.
The amount Of coin heliby the Boston Banks, as
reported at the clearing house on the LIST inst, is
S509l 500. This is the largest amount, it is said.
they ever held, with exception in the year 1873
when they held S6,5OO,OOO. The amount held by
all the banks In Massachusetts, in 1919, was ST 893,-
900.
The san Francisco Times give the following as
the annual shipments gold from California since
he discovery Of the precious metals there
IS4g............ Sl2l25O lsj3....... 81, S37 624
ls5O........... 27G7G346 lS54........ 81 32S 6j2
1851 .......... 425S2 G95 lS55.......... AZ OSO2T
lsj2....... 1885, ia lSjG............ AS S87 $40
The shipments for the first six months Of 1857
eight thousand nine hundred and ninety dollars
being in excess Of the amount for the same period
Of any preceding year, with the exception OF 1853
1851 and 1896. The amount shipped for the first
niue months Of 1851 was thirty five million one
hundred and thirty thousand seven hundred and
thirt four dollars, and it is estimated the whole
shipments Of the present year will be about forty
eight millions Of dollars. Il would be considerably
more should there be rainy weather in the three
closing months. Calling the shipments Of the
present year millions Of dollars the total
amount of gold which has been received from Cali
f5rnia since the discovery, foots up the enormous
sum of three hundred and eighty-three million six
hundred thousand four hundred and ffty-sevau dol
lars.
In the single month of December, this country
has sent to England, to pay its debts, in specie
alone
From New York. .......S7, 100000
From bUs,gn...--. ...... 500 600
SIoOoJOoo
Ofthe new crop of cotton The Southern States have
already sent forward the value Of twenty-one mil
lion dollars, of which fifteen million dollars have
gone 70 England and the rest to France and er-
many-uaking thus total Of tbirty-One million
dollars forwarded by u.s. in wo months, time, to our
creditors over the sea- So much for the disposition
Of th, country meet its liabilities and preserve It's
good name uutarnisheI. Gifts ability, come notion
may be formed from the fact that the heavy pay
meuts oGDecember have left our banks in New York
city TWO iion five hundred thousand dollars stronger
shan tbeywere when the month began.
The Paris Ey.,) Play has the following para
graph in regard TO the monthly sale OF live stock al
The Bourbon County Court, on the first Monday in
this month
Severs.. hundred head Of mules, from one to two
hundred If cattle and q number OF horses, were
offered auction. The market was very dull, how
ever, and but few sales effected. From 500 TO
= ll5 was bid for mules two years old. Forty head
of three year old stock, cattle sold at SO - 40
head at $40, &c Horses sold from SlG5 down. Usu-
ally at January courts vast amounts OtmOney change
hands, and every store and shop Is converted into
an exchange office Although there was cousiders
able business done on Monday, yet the buoyancy Of
former times was lacking, and there was a great
demand for money at high rates.
The accounts from the West, it is said, are that
the merchants will take an early start, and be in
the Atlantic cities in great numbers during the
present month Of January. The stocks Of goods on
hand are.very small, and much more so, probably,
than was ever before known, and, generally speak
ing, early aud good business will be done with
the West this season.
A letter from Texas says: Gin the eastern part Of
the State they had rains, and the earth yielded her
! increase. But the whole Of western Texas, from
the Brazos TO II paso, has failed now for two years
to make bread. As "a consequence the people are in
the mils. of the most depIorabe Pecuiary trials
uis estimated that the State Of Illinois has pro
duced TWO hundred and eight million bushels Of
| grain this season; more than ten bushels for each
man, woman. and child, in the United States This,
and the money panic, will be aptto knock the 81 &C.
| ulators into the middle of next year.
/ The Louisville Courier Of the lIth says:
We have no change TO note in the hog market
! since our last report The receipts very hight
! and the sauEhlering nearly through 4 further
decline is apparent IN the Cincinnati maraet, heavy
/ hogs commanding 81 - only.
! The Au4Ia Miss Dsuoer0L says
! We learn from our farming friends that the amount
Of pork in the country viii be much greater than was
anticipated. 81. rs had been made exceedingly ial
/ Large quantities have been killed his week. Hogs
tina, early iu the fa. were though. would not weigh
( more than i11 TO l,a pounds When made lat nave
! turned out TO weigh from 200 q 20 pounds. Prices
. have declined Holders are asking Z cents, and
there are aut few buyers at nat price.
Nashville 1Tarsot, JAM II,
CorroN.-The transactions are light at @64c,
which prices show a sigf. Improvement.
ToBAcco.-La.-s 2g,c priced 3l@G.
GuAu-prmc Red md White Wheat command
. G0Go5c. Coruis sellogat 55@4oo, sacks included
GRocERms.-Nc quote Sugar at 81 &c in hhds
1 aud = l Dc in Dbl Nessrs. Morris * Stratton
sold 40 hhds at auti5n on Wednesday at 5.G@74c,
and Too bbls Nora.scs at 20ll. 25c Rio Coffee is
] ..r.l-s1 ar. u On Ts.r