Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-12-04
COMMERCIAL.
Monetary and Flnanelal.


We hear Of change in Money matters to-day. Although the
old BANKS have been dscOunng quite literally since their
pensoa there is still heavy demand for Money and hsse who
the for accommodation have pay l2 per
month"; and in higher than the outside
figure.
Excsanse growing more scarce but the old Banks still con.
tnue to furnish their regular customers per CENT
only those who have claims upon the Banks get
mediation any other Banks charge
e5 cent, and informed able only
limited amount Banker informed us today that upon
ing the other day that Exchanges York had de lined in
Mes Orleans to 9Ih per discount, he teIesaphed his
correspondent Memphis whether he could purchase
Exchange there and at what received for tia
but small amount could purchased at pr cent premium
So Auetuatng the market Exchange hatwe omit all quo
tations Eastern
We print esewherea statement from President TIE City
Bank showing thecOndon institution on The LIST ins
from will that holders have for
alarmta the assets ample all the liabilities
Bank AID that it only question Of time and inability
its suspension argenumber OfOu merchants
and bushes continue The of the City Bank
par ordinary transactions this should satisfy the
holders out of Nash that the strongest confidence felt
that the Bank is fully able pay its liabilities.
The only change in Money We have to report
duction Kentucky, oho, ndi
Louisiana quoted per cent discount Kentucky
!, Ohio 9 and Indiana 395.
In New York Both u the FIRST board, $4,000
The New York BOenia0 Post Of the Both gays:
stagnGon has complete possession Of the Stock
change The business day even smaller than On ene
day. and many the leading stocks when called ELECTED
y bid offering The usual hour for closing The official
actions of the board 9 O'clock but such the inactivity
morning that business concluded at ia feature Of
market not noticed at previous time Of the current year
exceptions dropping to 76 Missouris close at 6s69; viz
gnias 79979K. North Caronas sOX bid LOuisianas
bonds are weat The Elves Of 1874 sold atosX
The Fives Of 1865 quoted 999s For the 70
IL arqds FIR fhaQ fxaar ~
In railroad changes The tendency is
downward and most descriptions held above the
Money becoming sluggish on temporary Ioan and within
few days past offerings per among the stock houses
have been demand The brokers are not
favor and to this be attributed much Of pres
paper open There is little or no DISPOSE
ton amsng capitalists invest mercantile paper g
edge including OF leading exchange drawers
have been done at II per cent WCre Offering the
The old buyers Of paper stand aloO and notice. anything
hardening tendency in rates.
The foreign exchange market dull at the advanced rates
Bankers sterling ranges from l03 principally at IO4h
@lOlz. Francs are quoted at 54S9535.
The telegraph reports sales Of Tennessee Bonds in New
at the second board the LIST inst &c., Yirgnias 8
MssOurs 7O North Carolinas at s2 and California rs
Sc
The auhorng suspension by the Georgia Banks
oed by Coy Brown and passed by large
Oy both houses The restriction having thus been removed,
the Georgia Banks will most probably suspend Immediately, and
will likely be followed by the Alabama Banks.
The UnOn Bank Of South Caona at CharleSOn, publishes
statement Of condition the 10Th ult from which learn
that deposors and nete holders sSa54a, to meet
which it has the following assets:
Local NOt:s.. ~ 800 800 u
Sterling Rxchange.... 943O.3j
Northern Exchange. .-362T s42. ID
southern s5s 70
Balance Due by City BanEs.... Sl27J
sl,3l8,ll 81
Ths Fayetteville IN o. Observer reports TIE sails by auction
that place eight shares of the Of the Bank of Cape
Fear Sis per share This fact indicates st the Bank
very solvent and prosperous condition.
The Columbus Ga Sun reports the BY auction in that
place the 3Oh ut Of ten shares Of the Bank OF Columbus
par and adds Th sale indicates we'll for this Institution
management, especially when financial pres
szreso hard as our people passing through"
We mentioned the other the suspension OF the Marnacu
ers Bank, at Macon Ca and the probability that would
wound up The Macon journal and Messenger
ult. says
This closed business Monday morning by Suspension
II settlements With other Banks and specie payments
ills in those Of other current banks god silver the hold
may wish with sborers End all people Of small
he most reliable We en obtain the Bank has ample
meet all its liabilities within reasonable time given
its collections From the peculiar of the times
Ehch all feel and understsnd tbs Of Cotton
qusntly the Bank receiving
any broken Bank, land should be
eter judges? ALL nearly ALL receive in sales for all
Msnuacturers' not never been
cgardel with favor in Georgia. outside of Oauence
bacon, having been looked upon ''wild cat" .
According to eegraphe dispatches, it probable the
tanks Augusta Ca suspended specie payment tits morning
he other Georgia Backs will, of course, follow suit
Exchange York quoted follows latest
New Orleans per cent discount, Louisville l92 pre- d
mum, Cinema Il l. St LOuI395 and Chicago. C
We notice the Louisville paper Of this morning that petitions Fl
circulation in that f9r signatures praying suspension
specie payment BY the Banks Il
comparison Of the Ongs CT the weekly statement CT
be Boston Banks with those Of the peyioss ekhbis de-
Of 81 56 in the item Of loans discounts decrease
S3597s circulation S62s e7 specie, and si4ls6s7
eposs tie principal footings with
he corresponding last
Date & Dis. Specie. deposits Circular | -
ovember I9..s64 l506l3 S45s,7 49, 3Sl 7U5,T74 >
Ovember 26-. 62 1857 St GA II 9G4 SIS 1885 ,sg3
Same time astyear
oven Der l4.s a2Oss5 1855 1873 lse219s3 1902 7OI