Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-01-03
Monetary.

Tsnnesee6 sold in the New York market the c5h 90e
ths 18th for State reported
easier, and cur Bonds we're quoted at So 1880.
The New York Money market active the Gosh
sening The demand quick, fully one
half per cent higher than the 24 The choicest sxty.day
bills sold at per cent No paper however good went below 10
"a Fhscass and six months paper quoted 1t 79s
per cent The principal business on ell at por cent
oans at being confined toprime coIattsraIs.
Boston Post OF the ,sth says Our money
clos and hard, comparatively speaking outside
actions Prime notes. loans With good eolSera can had
at to 8 per cent"
The Cincinnati Gasetis Of the 3lst says;
The crovdng three days business one which occurs to-
morrow, caused increased demand for day, and the
discount houses hat all they could DO 20 supply customers
who be put o. Outside paper paper belonging
parties who not able to dispose Of it they do business
was not saleahe either IN inside or outside circles Still this IN
creased sngncy compared with yesterday owing the
temporary arrangement noticed above TIE general estures Of
the market are Altogether more cheerful than they we're wees
ago. The heavy demand frsm the falling or AID
foreign capital Is beng invested in the business more Ty man
aauy previous time lA season. ana e Lcog ron .
with the increasing OF currency from the Interior
shaping THAI parties beginning their cut OF
the woods pretty clearly WINE, te ola g5
upon the most stringent market that has teen
in this city for 'rade generally IS IN healthy ndi
ton and the prospects year quite favoraD
regards the future supply Of capital We shall undoubtedly
January accounts the income will then be and the
outward comparatively small Eastern Exchange is
temporary which promise TO he overcome The
has remarkably steady during the year, ranging
D
almost equivalent 70 specie STANDARD TIE eject
Of keep the currency pure The average Tor the
ensuing year promise to Re higher while he lower
people the West, u say, Ohio, Indiana and Ken
tuky reduced their indebtedness very considerably during
year. and the country is at least twenty per cent richer IN
pr ducs than it the first Of January, le59
BY an act Of the Legsla Georgia hereafter any incor
poaed bank il that stats which shall refuse fail to pay specie
r its bills notes or drafts otter writing for which may
bound to pay money, shall be liable suits thereon in ans
Of the Courts State and the holders Of such bills, &c
in addition se principal End legal Interest," shall receive
twenty per cent damages and is made the duty Of juries,
trying such find verdict in favor Of the PLAINTIFF against
such bank banks the principal interest and damages
yide for and judgments rendered in such must be
collected by execution thereon in spea only. Banks hereafter
are allowed purchase foreign bills at their true
market value provided the does not exceed per cent
UNI per annum and the adsioaaI o. the ecs Of trans
porting specie from he point st which the bin Of exchange may
be payable to that at which the discounted Pur
chased The expressly guards agsns. violations by restrict
| ing its me lning to bsaa Jfds commercial bills
Tie Hartford Comm Times Of the seh nit Of the
/ Eha Insurance Company:
This powerful and prosperous company, has made another
great dividend It divides hall million Of dollars in stock
stock holders, giving share d s0ck Tor every Two Of
its present million dollars capital 1t has acapital Of
one and half mili0HB OF dolars and also surpusor
insurance fund.- or half million Of dollars masng scuriuee
in millions n dollars In January, they viii proa
bly, Cash div dend Of ten per the old stock at
ev Witha capital Of s20OGu0, and within thFee
years has carried b. Eown earnings, it, Pai rom S5O
0000Bmsking its stockholders rchevey share nov
being Rotthover SO For iastanc, 5000 invested in that
worth $50 OCD cash. and quick at thaand has received az
averae Of twenty per cent yearly dividends besides
The Cincinnati Gasss says The notes Of the following In
diana fss hanks received deposit y the Valley hank sn