Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-12-06
COMMERCIAL.
Monetary ami Finnncinl.

WEDNESDAY EVENING, Des, s. 1850
We understand Bank and this northern Bank Of
Tennessee have already responded the call upon the Free
Banks for additional deposit ten per cent This is an act
Of esEmendable promptness the part Of these institutions
Exchange continues dimchlt 10
supply the dsnapd The oid Baaks coninde urnish their
regular customers quite literally per cent premium while
other Banks and Bankers fnd ~ charge as
per cent. W" S.
Cur latest adyces from New Orleans quote Sight Exchange
on New York az ~ per cent discount but havi nothing
mere with which to purchase Exchange New Orleans
Louisville yesterday Exchange quoted at lag premium and
at Cincinnati T. At St. Louis Monday the rates were e5
We understand our Brokers charging SOLE per cent
MUM for gold We heard o. transaction 10 day 1t the
inside figure for bankabe funds.
in New York yesterday Bonds sold at th first
board at 76e and the second board at 75c Msours sold
at zoe, North earoinas sec and vrgiuas at soc The
market for all descriptions Stocks and Onds vas reortd
dull and lower than on Monday. 3
The New York Courier and Enquirer OF the lst inst con
tHins review of the New York Market Cor the month of
November from which extract the following regard to the
Bonds Of southern States.
Vrgnta Sic Per Ceats-Thss securities were largely dealt
in during the month"; and experienced the Of
market They opened az and advanced to the 9TH When
ing quoted at 79 the close stocks Virginia. Mssou
in the Western States, and early period embar
cali was made on many Of the banks Of Illinois for
additional security to the decline which had already
place in these stocks TIE CALL IL not complied WITH neessi
ates the winding the banks the
At this juncure the difficulty in negotiating foreign exchange
caused complete Of shipments from Chicago aud
consequent scarcity Of exchange the daDgero complete
collapse Ia the currency OF the Northwest imminent
State Stocks consequences very much depressed and are
recovering but slowly from the effects Of the shock which they
received. aa.-s.l
Harnesses Per Cents we're very largely dealt I'M and the
market aqciuaied yioenty They stood onthe % at AM
the 5h and the lowest "a On the ls They quoted
NORTH CsroaG is Per Cents are never very actively dealt
In They had declined from 9 in Osote on the 2d Nov
5er and afterwards in the touched 10 18Th
tn are quoted at the close at So
Missouri Sic Per repeated assn
ranees that the State would promptly remit the January
tere which certain ~ the
prompt action OF the State officers, these securities
low during They have felt more than any
the Others the eject Of disturbances in Western currency
matters and large amounts Of them have been forced on
depression to which they October and sold
IN n "a oNoVember at They advanced to S raPdg
declined ho"eve-touchng their lowest point the 18Th,
eiiing at %, and being quoted st the close at 60.
The following shows the change the Missouri Banks for the
mex ending Saturday, Decf1:. 81
Exchange g74,7s5 S4Rs740
St.cu1 Auon 5o0!olO s07,560
Tho ABOVE includes all but the 81 Louis Bank, which last
tatenent was follows:
1881 4S3
CIRCULATION 25,2IO
'oln'''.''s .... ........ q $40
The St. Louis Republican reports the sale Of five shares OF
be Mechanics Bank of St Louis on Monday at lO1h
Market Reports.
oaAKLEsroN Dee 3saIe Of cotton to day 0OO bales at
fiees ranging from Sto IL cents. Market easier
AUGUSTA, Dec 3The market to-day, and the
alea $50 bales follows; IS at az, at l67 at g
MOBILE Dec Sales Of cotton to-day bales; Mddings
5<99Le. Prices favor buyers. b.. j.. H.. =.