Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-12-16
COMMERCIAL.


/ sATunsAE EvENEs, Dec Is, 1860.
The week closes upon very tight Money arke without the
prospect Of its easing up darsg the coming succeed
ing week soms Of experienced business inform
that they have Money stringent they
have been during the present crisis With the return Of trade
its Legitimate channels and tbs establishment Of confidence
it viii require two coed crops place the people
again in circumstances With the proceeds Of good
people pay their Indebtedness, perhaps have
something le We cannot that have very much
easier times Money matters crop the coming year
brought into the markets for good that have
nothing dposs Ct c bring money late the country 1t
true shall epess tines soon as the 20
ca disturbances qaieted and confidence restored
he peraant relief which people looking forward
not until we make the ps which VilI Money.
Exchange exceedingly sraIce and those very
difficult proeue, at highest quotations. The old
Banks able furnish only sral their
customers have special claims upon per cent pre-
iua which Is the highest rate they charge during their
pension The other Banks furnish lin
tied amounts At and heard that higher
rate has been paid duaing thsueek.
The crisis has operated very opprsssvey upon Railroad
Companies noswiths landing which, however, they will all
understands he able the January interest their
In Nsx YORK the ih, the first board sIOO0 Tennessee
per Bonds sold 67e and $4,000 67 the
Ond board, $1,000 Csc seoO 6s3se On the 18TH
arss board. $1,000 sold at7Oc.
The New York Eceniag Post Of the leih says:
Money matters brighter look to-day though the
ent mostly in feeling The by the Europa
mere favorable than ed for, lifts great
from exchange market Ia the absence OF information
the amount specie board the Europa, idea
be had OF receive within the next weekmany anti
cpate from The ether side Of about 5000 900 before the
Ist Of January
The stack market is buoysnt. and further advance through
ont the list has taken place. The the speculative
maintained at the close though there ars few stocks
pressing. -.
The tone Of the Exchange decidedly better aud
e are ndispoaed to at present Little business has
thus M good bills held above the views Of bay
The paper market is still over supplied with good bills and in
the absence Of buyers notice material improvement
class quoted at l2s per cent with more
currency at lae9lS
The favorable Cotton by the Europa general
prise already given decided impulse TO business in this
to cents advance actual sGles while holders
refuse offers at the improvement
The news impaired very cheerful feeling. and
fdence IN article generally manifested We have not yet
advancing there in face Of shipments Of Peceis
regarded favorable FEATURE yielding considerable strength
to meet dull news when It comes
The telegraph reports Of Tennessee Bonds in New York
yesterday, board 7 1t win be that
Bonds are running up rapidly.
The Louisville papers Of this mornng publish the following
dispatches;
QCuc1nAT1, Dec ZIP Mo change in Money market;
best paper can be bong Outside per per month
change armsr but New and Boston 4 prem
NV YORK, Dec. i4-P M.-Financial Affairs have
hopeful appearance day especially the foreign exchange
Market stronger undertone than FOR past
for bills London has greatly improved and
large busines5 has been done a. 1 O for prime CONNER
,a bills leading doing bu little drect their
ates lO65, tsing above the Of remittes the inquiry
IS i.hy for cheap good bills.