Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-12-22

Aet4l~----..-. .......... so26 1914
This does not include the operations Branches but
confined to the Banks city. These returns show that or
Banks have materially aided business men during the
which they could not have done had they suspended specie
payments We have no means of knowing what amount
the discounts and and by other Banks in this c
I but presUIue it has been considerable
All the Banks this city be closed on the 95h
The st and 4h OF January 50 that falling on those
days will have 70 Re paid the days previous
Rxchar continues very scarce with the denar in
excess Of the supply The old Banks furnish their Gus
toners With limited per cent premium tn, other
banA and Bankers cha &c cent have Of
transactions at even higher figure.
Oer Brokers' are paying per premium for Gold and sell
ing ats.
We bear Of chang in Money except that OF Al
aeana which is nov quoted per cent discount in conse
quence OF the suspension Of the that State friend
informs US that be has sent several packages the notes or the
Bank OF America, At caksve, for redemption aud has
nvaaby received Gold Kentucky funds at his option in re
turn.
We have heTetfore referred That the pressure in f.
nanca affairs Operating great severity upon the peo
pie in the countryside farmers, mechanics and radesnen
correspondent Of the GAINESVILLE rsOiaz states that at the
approaching term Of the Circuit Court Montgomery
Judgments viii be rendered amount OF over one hundred
thousand dollars and in despair asks "Whers can the Money be
rasad to met these debts7" That question it viii be dcuN
to answer Ans the state of connty will We sp
Prehend find counterpart large proportion Of the counties
Of the State Property cannot dIpo.ed Of except At
Funous rates, snd widespread ruin about 70 overwe
the debtor IL not the creditor This however may he
averted by the adoption Of prudent policy on the part Of the
creditor class They must remsmber as apty remarked nv
contemporary 10 discussing this very point that it is a time NJ
public calamity; that ngency against which indyidu
al energy prudence and recude moment svs no
tng and they must act With that orbearSnce and INDULGENCE
which such state Of things requires which o,Iy narrow
shorIghted policy, we'll personal contempt for every
generous sentiment and manly impulse could deny II
State should be best with good crops coming season. and
work through the crisis until that crop brought to mar
ket our people can then pay OF thsirindebteduess
In New York the lsh first board SsOOO
per cen: Bonds cold at 74c.
The New York EUsnin0 Post Of the 18th says:
The stock market decidedly stronger to-day The more com
Portable condition OF monetary Affairs together absence
stirring political intelligence gYeI buyers courage
pecay the market believed have largely oyersod
~ the Bears
The State Stocks in good denand-Teunesees close 3
bid, Vrginiss 75 Mssouris g. Y.
In Government Bonds there The Fves OF 1874
IRE 90 bid, the sixesof 1867, SO.
The railroad bonds steadily improving.
Money is becoming quite sluggish on call and per cent
easier outside OF bank though occasionally eo list
taken al slight improvement last weeks rates No
lames range within l2Sls per cent
The foreign exchange market is scarcely firm to dav ih
Moderate demand at the quotations Bankers bills London
re selling at lO4 Commercial sterling irregular ranges
rom TO l035<.
The telegraph reports sales of Bonds in New York
esterday at &c and Virginias at nc.
The following the comparative quotations State Bonds