Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1858-11-05
aoNrrAltv Am C0aInRnC,AL.


There quite influx Of specie pouring into South
erors most probably the purchase Of Cotton The Char
lesion Asrearof alsys The Bank o. Charleston yeser
day delivered Adams Co.'S Express in charge for the
Mechanic Bank Of Augusta, Georgia, the Of s900OO in
coin; the same parties charge the City Bank az An
gusts ceors the additional sum s5O0O Likewise n coin
Tbs Savannah Republican Of the ste says shs pecu.
lar condition Of exchanges northern cities renders it an
economical movement bngOut coin for the purpose Il trade
By the steamship Alabama, from New York. arrived this port
yesterday uotee the receipt o quarter Of million IN spe-
eeOf which $4,000 Is for Messrs Low Co.. and $4,000
! for the Marine Bank"
The Augusta O0tufioao1ist Of the 81 ssys his in otbe
localities Of e State the public Informed or the syentyye
hundred thousand dollars gold and silver recent
" received b the banks, trust excused for giving
statement OF the received by banks in his CITY within
the last twelve fifteen days The quant Of gold and silver
and, Of almost exclusively gold received in that time
hundred aud rtyegt thousand daars On TUESDAY,
November end our banks received IN gold two sixty
Eve thousand dollars"
Augusta, Ca ond the % Instant fifteen shares oria Rail
road stock, dividend sold ninety dollars; seventy-aye
sharesBan Of Augusta stock at Of dollars
aud atty shares Bank Of State Of Georgia at al average
one hundred and dollars and fifty oents
The Co,unbus es 7pses Of the inst says on the 10Th
July, directors OF the Columbus Bank mass.
Cd orerincreasng the capital amount Of one HIM
drea and ffy Thousand dollars. Thssu sdded to hundred
and Atty thousand dollsrsi made the whole capital stock
dTed thousand dolle Subscriptions have been made to the
amount OF two hundred eighty thousand dollars to this
date. In consequence Of which the Board raise the capital
stock to five hundred thousand dosrse charter limit In this
connection might say that the Bank Of Columbus has the entire
confidence of this community and looked upon one Of the
most reliable lnsttationsiu the country"
The Augusta ConsOaaltt Of the Cd, says Of the Cotton
market
sympathsed, during the last week with tbs
declining tendency other maskets throughout he
and from the feeling present trade there fa
buyers nho believe that the ar has been reached Ills
useless N the
trade, until Ouhing is obtained that will enable Us to come
within 100000 aies Of the probable Of the CROP At pre-
sent all afoat without rUddr compass direct or even
ascertain orr Good and experience in such cases
bones aud admonihe planters that prices may 70 and
continue lower However all persons have as good judgements
these matters as We have and they must else them the
Tsae this were about 4O bales principally st1Ozl
Oh cents but have reported 20 bales at and
bales at Tx cents Holders very wiing at Ii cents
The demand is principally confined to the hgher grades
The receipts this forenoon 2 bales, We notice
very fing receipts this point as Veil
the interior ndoities Of the tae whether it caused
BY the ecedhg prizes or the real falling of in the supply of cot
ton, are not prepared to state
Foreign Markets.
LIVERPOOL, Oct IS We transmit herewith usual review Of
the Cotton Trade Of Euope for the first the year
and trieste Genoa and Barcelona as before in
order to keep the comparison intact but enabled
that the impOr Genoa bales against
O0 bales last year, 900 bales against
bales The direct Import into Rus about the last
The larger Import Of American Cotton compensates for the
frs little from that Of last stocks beginning
Of year having ben considerably arge than year vE
the case Of France whese beT show n AZ O0S 6is
part Of which must however be acbd larger export
which we have particulars {
The an increase OF leO bales in American and
decrease Of O0GJ0 bales in East Iudas Coon leaving an
cess with the min despon) Of 10000 bales. The Increase
is exc usiseiy in Great Britain.
Our srnne have had 1t last remunerang season. they &C.
knowledge that they doing WE'LL and everybody must rejoice
y after the bong DIRE g spell they have had to the contrary
he manufacturers also have heen hitherto
n IN more limited ene as regards those have TO buy their
great rate bot not largely the deliveries Of cotton
70 indicate, for it admitted that mauy of the large spin
ne are stocked with cotton for weeks and for months in
aeta is hosever he observed that If the East Indian
et had not to oura sistaue there would have been
export during the first eight months Of the year cali
Of yarns 29 million, Of pounds against lis Millions the
same favorable proportion has been kept up during the ninth
In France consumption Cotton has apparently recovered
considerably but we have upon good authority that while the
stocked than they then Their has on the
whole satisfactory one but at the present hgh prices Prae
ice great eserye and eaution.
Switzerland which suffered severely during hec Onynov
ecoveEing slowly. 6
In the German shipping ports the tone still very much de-
PRESSED but in the interior better spirit begins to prevail The
eI ieU1er and they are nov not in immediate want
Russia suffered less n any other country during the crisis,
lily by an enlarged issue Of money! the dismal period has
much rs to necestas extensive export Of Bullion,
edundant paper circulation appears have called forth
spirit OF Wild speculation such have previously
er countries Numerous schemes brought forth and
aggriy taEeh up. I
sweden has severely than any other country In
ustra undertakings had been ente ed upon, chiefly upon credit
md fell to the ground as that collapsed :
The Spanish ottOn interest slowly recovering last years
eep depression I
In Belgium the consumption Of cotton has not been on as large
scale a. formerly but the country sound and new uppes
wanted there.
the responding period last year there we're certainly
remontry symptoms the state Of the money market to induce
ution' hut the apprel mind did contemplate
approach Of such anaucia swept the
nerCal world In particularly uVseal pruspec
mate OF stocks and prices which had INDUCED
appearance Of propuey Incre isng scarcity the
Of mddlg Orleans by the end Of year about l0
b instead Of which fell by middle Of December
b. and even when theap rehended secretly actually did in
March, when TIE tOc of Amercn reduced $40
es. prices did fully reach the supplies
ecsde rapidly between which prices
hen tuctuate Il shows how unsafe calculate high
md higher prices In uuwieldy sensitive
ghrnever edit is at all disturbed
The extent Of the must lie ultimately determined
the period Of frost; thus far the minimum estimates appear
generally 3,sO The will depend
neatly upon the price; woul probably unsafe to calculate
extension Il the price Of midng Orleans
Cotton should materially exceed Il must not he
extensive scale and for the trade China
emaud for manufactured will only the time As
or the South American and We Indian markets. they will not
for time the stunning blow they have received
fhee viii doubt generally full consumption Of Cotton,
ut be as We to guard against the expectation of Large
Increase.
Our grain crops all secured. Wheat is full
roP and in addition farmers baye still large
Of old Grain hand crops have also
good In Spain and Portugal they deficient which nece
foreign imports In Germany they under
the United states they been far frJm abundant
For the present prices abroad higher than here nd imports
will thus he prevented time, ultimately shall require
egn supplies for imports during the last twelve months
With large OF amounted 10 4eOOO quarters OF