Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-12-02
COMMERCIAL.
Monetary ana Financial.

SATURDAY, EfENfka, Dec. Il le6O.
We hard Of feature in the Money EfKss to-day Nat
appear growing seEsuhat easier, there s
heavy demand Money, and those who unable get
commOdaons tho Banks and are iored the STREETS have
| to payfrOm u to slper cent.
Exchange New scarce the very
tied The old Banks continue furnish their customers quite
freely per premium while the ether Bank
charge high per In present deanged
monetary affairs our Bankers End cu procure Exchange
and there telling how long viii present
In the act Of February H. 1856 anendatory Of the Free
ing Law, it is provided follows:
sEo Be enacted That shoud the bonds Of this STATE or
other bonds authorized usd purpose
ing decline and remain below par in the city Of New York.
thirty days as shown BY the sales OF the board in that city,
ze1 and directed retain the interest which may
on such bonds as are deposited With him, until an additional
amount OF oonos are deposited as will fully make good the
SIC Be Il saacte That in the event Of such depreciation
the Comptroller Is hereby authorized and directed 70 give notice
all such banks have deposited said deprecated bonds and
poe bonds an amount OF their
cuIanz counegnsd the Comptroller equal
notice. the duty Of said Comptroller he hereby
directed proceed take charge OF the
bank banks and wind IL them in Of suspension
in accordance with said act passed February ~ 1852
We understand the Comptroller to-day upOa the
Free Banks in this State not in process Of liquidation,
for additional deposit Bonds to
Of per OF their capital stock This call
compiled with, have doubt it will be promptly, will
greatly strengthen confidence hsissues Of Free Banks
In New the 18th, the following OF Tennessee
per reported board $1,000 IKE
$50 nc. and $4,000 At 7ec Vignias sold at 7s97s
MssOuris 6s969c United States S. "A coupon sold
ats6K@g7c.
The New Ysrk Erea:ag Poss Of the ssth says:
State securities remain neglected and prices in
most lower. Government RVes OF 1865 sold 81
which materially O1e
% with 90 bid. The Coupon Elves Of 1874 offered sc the
new loan at 30 For the Skies Of 1867 lO is sked for those Of
1868 IO4K.
Tennessee Skies fell per cent and part Of the
yesterday afternoon. while Vrgnias North
nas cent better Kentuckys l0l bid Ohio Skies
Of 1870 90.
may useful apprseI
Of discount which governs currency Cincinnati Louisville
On Thursday following ruled among the brokers Of Gin
enna Illinois (sOlYen banks) Wisconsin, and Missouri,
cent discount wheeling and brsnche per cent discount;
Eastern Virginia, s9IO per Ptsburg per cent; Interior
Pennsylvania, 293 per cent Baltimore eos P-r cent; Tenne
se banks per North and South Carolina. 10 per
cent Georgia. per Alabama 20 per The following
the ruling quotations Louisville yestedGT South Caro-
lima Georgia. Alabama North Car lima per discount
Missouri, 7Ss per cent Illinois, Iowa and Wisconsin, lOS5
per cent; Teanesses per cent.
The Presidents Banks Richmond Va, held
meeting u consider report Of tho Commit.
Directors EaQEr gives the following
suit Of their action
The Presidents decided receive cut the notes Of all
the State, the Bank OF Winchester
the Bank Of Old Dominion Peasburg, the Back OF Phil
pp Paramount the Bank Of Berkeley, the Banks
Wheeling and their branches, and the Valley and branches
burg.
present position OF Affairs the folloEing tals comparing
the positions Of the city Of New York fer the
nondir eaka If The four mast vearg will be interest