Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1859-07-02

We nuiih this morning the statement Of the condition the
Piarrs Bank and branches the let last, from which will
be seen that sound and healthy condition.
This explains Why the stock Of the Plante Bnnk has
sold in Philadelphia high as il9.
The planters and Union have each declared dividend
of five dollars per share.
The amount of funds in the the Comptroller subject
70 the redemption Of notes Of the Bank Of Claiborne having
been exhausted SINCE the Brokers in this city are now
buyna the issues Of bank at twenty FIVE the dollar
II that there is but small amount Of o.
the Bank Of Claiborne outstanding but the holders should not
he subjected to SO heavy shave upon them. The proprietor Of
the Bank is amply redeem dollar outstanding; in
deed he has the hands Of the cemProleE and
we surprised has not authorized that officer to redeem the
notes of The Bank Claiborne. The Of the Bank Of Tsae
we'll (which also Is owned by Mr. sKAGs and loced in the
same town as the Bank Caorne than ample to
deem its outstanding circulation The Of the assets Of the
one and the deficiency those Of the oer naturally induces
the suppositon has cpt into their accounts as
kent at the Comptror Office by which oae Bank gels more and
the other less than share Of assets When or hoE this error
occurred if an error exists known, these Banls went
into liquidation before present Comptroller came Into Office
These facts should induced Mr. sKAoss to have promptly
authorized the Comptroller redeem whatever Of the issues 81
the Bank Claiborne may he outstanding The fact that the
Brokers are buying the issues OF this Bank evidence that they
expet to get reimbursed their outlay II they have not been
authorized 10 purchase them, they viii expect Mr. sKAees to re-
deem these notes. and think probable that the laws Of the
state would compel We should like to see the
.
matter tested.
The following Of broken and worthless Banks in this
State which may well enough for country friends to
preserve.
Agricultural Bank. Brownsville
Central Bank OF Tennessee, Nashville.
Farmers and Mechanics Bank Memphis
Mechanics Bank, Memphis.
Memphis Savings Institution.
Exchange Bank, MgrreesbOr9.
Miners and Manufacturers Bank, Knoxville
Bank of East Tennessee. Knoxville.
We tat Of Bkers are buying the notes OF the
Bank of East Tennessee 5e the dollar and those of the
Exchange Bank at lOe on the dollar.
On the 9Th u Gs sold the New York Exchange
at 9zg93 The telegraph reporsssle on the s9h at 9
The Charleston Courier OF the 18th ut makes the following
am olncement
The Bank of Georgetown, s. c. has declared seuann9al
dividend 81 per payable to stoeo n us cry
at Charleston and after the rgt OF Jny
and South Carolina Railroad Company acc are
dividend SO per share for the past SIX MONTHS ae 10
Charleston stockholders the Bank Of the State on and alter
| the first Of July. -
The Bank Of Camden addition to the cash dividend Of 50
per share stock dividend OF lS per cent 10 all
stockholders holding eight shares and 10 those VINO hoi
less cash dividend Of l2 per cent on the
amount stock held, which equal ID per cent FOR The cur
| six mOn'hs.
The following the quotations fer Land Warrants at New