Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-11-06


The fact Of the depreciation Of the standard value Of silv
cola BY set Of Congress is recognized b. The provisions Of tn,
bill restricting the amount OF each, legal tender Half dol
lars are uota ega tendsr" over dollars United
States viii not aeye them for duties, the landOces, yet
issues them nominal value This does appear be
fair just says the Cincinnati Eqr, and yet It Is Of
the wises curenog movements Of the Government, great
benefit conferred upon the people.
few days since noticed in New Orleans paper statement
that the banks ef that city would from pensioners
than ten dollars halves aspost IN payment
Of claim, and asking Why? the Government st going
coining every week hundreds tiouandsof these coins
Is the design article t query, by
showing the practical working slight depreciation the
current coin the great benefit be the people,
the eformatory influence viii the small bill cur.
rency, Independent Of State legislation.
The small nation the peoples currency; and, when
up full value boarded by baus Honopolzed by
merchants pay duties and export foreign mpOations
the void thus created being ed these same persons small
which dleags silver coin now
is, and sometimes and subject total loss Now
haifdollars boarded at ALL it viii be comparatively
amounts Bankers and merchants silver larger
sums, except loss If United mint therefore, con
Times coin hdOlars they will finally drive Of cieua
ton all small bills, for, Of creness in the 6eld the
poorest viii drive the best Of circulation with the
eyed business the silver Is the poorest purposes
nasmch small bills viii command gold coIn which silver coin
viii and gold alone legal tender Short silver coin
will and be used Of the avenues Of trade
and therein lies power aud pemanency people scurrency.
In New York silver coin discount one and three
quarter per cent New Orleans per cent Cincinnati it
hansb and Onehalf to three quarters per
Low par. Le.
The Savannah Republican notices the receipt at that place
the 3D. BY the Huntsville New York, $4,000
specie the day, Adams Express Company brought
to Augusta, for thai and other points, nearly s5OsOOO
The Louisville Journal learns city packer who has been
travelling the country that $3.50 hogs gross At
Cincnn fr at viii
$3.50 gross The Gazette says product for future de-
livery there had considerable transactions in mess pork at
Sl5955O November December in barrel lard at
&c. Green hams sold early in the week 75Sc they are
held at sHc The Cincinnati Price Current Of the Sd says
Rather brisk business has been done hogs during the past
week. and about head have been sold for future delivery,
embracing this and next month"; at 555, and at the
he was osk demands and lohed were taken at the latter
price, with more disposition to contract for December than No
venber delivery at the quotation. We say that the
e mas been song hoEeyera as large offerings and desire
SELL the part OF hodes would have caused buyers with
sellers than buyers at $3.50 There 1000
head the pens and 80 by house Friday
~ but all the houses redy and waiting for the weather
% settle down to safe temperature, There sqn large
Der Of hcgs in the vicinity Of the city, erations
will in all probability open generally within the coming
The feeling regards the future in favor Of comparatively
ign prices and he impression is pretty generally e5rtsine5
hat owing the abundance Of money speculative feeling will
eep prices high notwithstanding there should
an increase in the number packed. There also quite
number Of short chiefly, however, in Kentucky
understand that e Louisville packers are with few eXcep
ions short cop and are straning every point to secure
many hogs possible.
meantime farmers discovered that it will pay
ell to feed their their wheat swine, and
ong extensively in order meet the demand. Our letters
rom Tennessee represent the ucst hos the fnest
that State known for good demand has existed
pork for future delivery, and SO has been paid for
ound lots within the week. to be delivered in December and the
after part Of this month.
Lardcoud sold at 9o for December delivery we under
tand, and il is impression that sales have 81
bis rate though there's far less anxiety than usual this
MAKE lard contracts Some green hams sold at <
~ next week but they now held at SIC. E sa
The Cincinnati GGz has long article onthe hog crop,
rrives at the following conclusions:
l. Very light stocks Of old products the Of December -
An increased consumption in 1889 3 No difference
the average weight compared with last year T.
number in the total crop Of say twenty per cent. tn
There active demand Charleston Cotton
ut prices irregular and favor of buyers. The
mounted to $500 bales at IOz9IlIsc H.