Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-08-15
MONETARY AND COMMERCIAL.

At the New York took Exchange on the lOh $4,000
6 sold at 92, $4,000 at 92, and $4,000 at 92s
$4,000 Memphis Gs sold auction at CO.,.
We understand Of Brokers buying the notes Of the
Exchange Citizens Banks twenty five cents fill order
We hear Of other demand for these notes.
Memphis the Brokers paying thirty for C-
Eens' Bank notes Other parties paying higher
The circulation Of the LaWrencurg Bank had
the 9th inst, to S29,S43.
Gold Silver quoted by Brokers aI per
cent premium.
The Athens Post the 18th $50 counterfeit
on the Bank Of Tennessee place. pre-
scented of that Bank. It emission,
Of the batch Of ooun floating around in 1854. Look
out them
The shebyvie ErDosor says the shelbyviIle
paying specie its notes for ordinary purposes. This does
not indicate resumption.
The Murfreesboro Telegraph proposing take Exchange
Citizens Bank in payment Of subscriptions the
Of SO per year. The Telegraph says:
1t appears difficult for this city to recover from the shock occ
stoned by the failure Of the Exchange Bank, though business is
beginning something of sf former tone Money
hope however, that there good time coming Our
people badly involved debt and there prospectnow
FOR an abundant crop.
The Legislative Investigating concluded the abor
assigned them Friday their report will be handed the
Governor who absenD upon his return to the city which
Of few days, when it will, placed before
public. In the meantime, find in the Memphis Aca14ce
of the 18th inst article regard the forthcoming report
which contains information Of interest readers. The
based upon information derived from private letter,
and not mistaken the author Of the letter. the po-
son he ustins to the legislature enables him speak ayis-
ey. We, therefore, print following extract from ar-
Gle in the ACdlURcIs:
The investigation has been hercuean difficulties Of
which have been greatly augmented by miay
the part Of the Of committee with the details Of
and by the loose irregular manner in which the
Of Of the offices have kept The committee
have nevertheless, ELECTED Of highly interesting uoma-
ton their report will exhibit of startling facts and
emheze scarcely inferior which ar1cteyire tp
administration Of the municipal government of New York
The decaon OF the late Secretary fails m Ia short
forty thousand dollars. These funds came into his
hands Internal improvement Commissioner. This
the Treasurythe official bonds t-
ing Secretary, the person that function
ary having turned missing. The investigation the
exhibits the astonishing fact that these dccluus
that into his hands
something than tEo thousand dollars paid out by the
turnpike company, the committee has been
and while they investigating these charges
further FROM the letter correspondent that the
viii express the unanimous opinion 90 N
members, bonds required he deposited with Tho
Comptroller, security the Of the free banks, in
Exchange Bank d0sed! The deficit ia
bonds claimed have been depos by the Mess
Spence will ne reColected reaches the hundred AM
three thousand dollars This opinion OF the committee
integrity of the late Comptroller, since only by lousion Viii
that officer could this discrepancy The high standing o
thepartes mplcatedin this transaction, and their we'll
reputation FOR integrity will subject this portion Of the report
severe and sutnizug criticism. Public sentiment in the bes
iRorme1 circles Nashville, represented he greatly
yided IN regard to the justly amenabe censure in thu
fraudulent transaction Messrs. Spence
and the late Comptroller the part and the Cashier OF tn
BanE Tennessee the other, viii, is predicted, break
with renewed ygor upon the publication the committee report