Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-12-15
COMMERCIAL.


| FRIDAY, EVENING Dec. IA, 1860.
TIE feeling in regard uncusns Money good
DAY has been for several days past Brokers man
but little disposition many descriptions We however
make no alteration in quotations, though regard
ed as more Nominal than otherwise We ind the crdn
a transactions large portion Of the uncurent oneJ
in circulation here is takea at par
There scarcely any Exchange be hal The charged
by the old Banks per cent bat they checking ony
those Of their customers who have special CLAIMS they
little to The other Bankers charge pen
cent and have heard that higher figure paid
The following the rates Of Exchange other
points; Louisville lea Cincinnati IL, st. Louis 5GlO, and
| Chicago 10
In New York on the ot at The rs board 900 Tennessee
| per cent Bonds sold at 661zc and 1900 at Coo.
The New York EOeniR0 Post Of the 10Th says:
The stock exchange does the improving tendency
noticed saturday. the unavebe politics reflect
tire list especially on government bonds and the leading
The heaviest decline was in Goyernmep, Securities Thu six
Of 1867 sold at 90 fall Of SEQ c the sale The
Coupon Fyss o. lsl4 sold a. 81 decline Of Treas
The State Stocks Irregular with few exceptions lower
Tennessees italy at 6566. Missours sold down g.
North carOinas BID For Illinois stocks 1907 cali
tornias are arm at 50 Kentucky Skies quoted loO
The money market presents no new features today The rates
for remain very gh and few choice
l5s per while the great bulk rst class BLK
quite unsaeabe at 1920 per cent Cali quiet
Z per cent.
In foreign exchange trs improvement Rates are nom
Day lower Good mercantile bills Lonlcn selling
Leading drawers ask lo3 so4, which much
The telegraph reports sales Of Tennessee in New York
yesterday at 7slo Stocks of all descriptions reported
higher with bushes, doing the second board.
The intelligence New orlesns still of very unfavor-
able character. The New Orleans D in its Money article
the evening Of the 18th, says:
The day an advance Of % per
cent in New York sgh Exchange further decline
Of foreign bills Offerings Of sterling and Francs continued
large but OF the prominent operate sndt
found impossible heavy negotiations upon any
to which sellers could reasonably submit The highest figure paid
for prime Clear Bills 90. which be considered
maximum raewhe good Bills could and 81 and
down to g. and Time Bills the Northern cS sill
Sight inactive both Bank street
in resulted exclusively from inability draw,
the part Of sever houses that have heretofore operated freely
but longer in condition to do they neg
discount, and outside parties to 1S97S discount
The Money market disclosed variation Of any kind for the
day. and the demand for fully pressing
a. any previous date since the Of the present
srngency The Banks still refuse TO discount paper except
in limited way and outside capitalists cannot be induced
touch any class Of securities even At the most exorant rates
the system Of renewing, howeys carried extensively By
a parties, but only measure Of self preservation
We look in vain for any evidence Of improvement in financial
affairs in any great trade imagine very
fswineligent anticipate considerable lgrs OF activity
for time In New York the much auied expansion
has resulted permanent the market;
ton Banks debtors they New York; begging only
for tOin but at the Exchange favor OF New York
Atng there be for The New York correspondent
that have taken place thas city, aysEgh houses
have suspended city December princ
pay among the drug and iron Dealers None Of them
bad failures, however-some handsome surplus and
pay their deo One Of the drug will have the partners
500 after paying all Liabilities another VIII compromise
70 80 cent leaving sufficient capital go with their bust
The Southern houses sand up we'll The dry goods Arms
have Of them failed. The present are, undoubtedly,
nearly disastrous Of 1857 Two hundred Been
down in this city October 81 and seventy in
November year Ihe'e 20 failures here
October and in November S. which, added
occurred in December make aggregate Of 81 suspensions Of
business firms beginning hs panic One house, which
has $1,000 daily aecunulAng at Chicago to their credit
brought the verge suspension account OF the
runOus rates exchange SCI forward Some class
already hoping supensiOn Of the
whch they ASSERT exchange would relieved
better state of things be reached"
The is general OF advces from all
parts OF the country gloomy the extreme while values
Of all descriptions Of property being reduced alarming
The crops OF the North West yet
in value TO- Is and sOper cent while they
expected pay their original Indeed in
possible longer disguise the distress daily
rng not only among adesmen the farmers
mechanics and aborers Of the country terrible
pressure But the ys speedily the ex
sting difficulties in the political world may adjusted ad
listed they it viii require considerable time bring
nancial matters back to the old channel.
The weekly statement OF the Banks Of the city Of New York
the week ending s presents the aggregate
believing changes:
Increase in 1915 904
Increase in sece::... % ssl
Increase in Circulation l5o249
Increase in Undrawn Dspcst:- 46l ,4i9
Including Clearing operations week, which
nxchanges the Banks, intending also,
Treasury Saturday, the following
general comparison with the previous exhibit and also WITH
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