Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-12-20
COMMERCIAL.
Monetary and Financial.

4
WEDNESDAY EVENING, Dec. H. Isoa
The Money market continues without change The deman
from borrowers pressing ever, people are ever
day experiencing greater inconvenience from the derap
financial affairs collecting officer informed to-day that b
had times lighthat i. impossible t.
collect Money, and that large possessed snail
MEANS finding hey get money their engagement
that pressing upon HEM awaiting themselves Of such
pedients wiz their properly from runous sacrifice Th
fact will convey severity the pressure here
And alone in this respeS the surrounding country
suffering equally with rs.
The same character Of from the States South
US For Instance the Macon lGa Telegraph the 18th
says "a dollars their representatives, and then
town. the country told, tand fact have
great feel he truth Of il that money
ali preceden-so scarce that impossible pay
Tie demand Exchange still in OF the supply The
old Banks still furnish limited to their regular Gus
at per cent while the other Banks aud Bankers charge
per cent There geA. scarty Of Exchange in all t
kets.
In New York on I5sh board following sales
of Tennessee per Bonds adr $1,000 7c $1,000
c, $1,000 Tic, $4,000 at 7O1c. and $4,000 7Oc
showing decline of Be the highest sales Of the day previous
The New York EosniRg Post of the 18th says;
The stock market the improvement of yesterday The
adviee from Washington wee rsade q: and
the opening of business, the heavy feeling observable
evening followed general desire to SELL especially in
State stocks which, average 394 cent below the
bat prices on THURSDAY and Friday
Virginia Skies three and half 10 Tennessees and Mis-
souris, and two and half in North Carolinas.
Government bonds lower The hves Of 1874 BoId
co. and the new loan &C. with offering at the
tons.
varying aspects Of politics not less frequent than those
trolling the market To-day the Of the paper
scarcely favorable and the negotiations Of Yesterday
probably among of the The show signs
yielding aud sales ls cent EXCEPTIONAL the bulk OF
clas finding buyers below l59lsper cent with
slow demand that On call money becoming sluggish AID
we hear OF business at 696Is per cent
The foreign Exchange market for the today closed
ne mpoers are TsmittinS but e a preent stror !.
quoted at rex 9lO41I: francs at 5.6OS5 so.
The following table will be found useful, It will show
ance the description OF bankabe in the cities
named;
Nashvilesuoh Tennessee Banks as are quoted at In our
LOusvilIe-A Kentucky Banks, State of Indiana, all
oncinna-Al Ohio Indiana State Bank, and all the Ken
lucky Banks.
ChicAgo-A the approved Banks of illinois, Wisconsin
Owa.
BOston-All New England Banks.
New YorkNeS York City, few River and few New Jersey
tanks.
Philadelphia City, few Psnnsylvsnia County,
Baltimore-Bsltimore Banks only.
New DEMONSTRATING but New Orleans Banks.
Mobile-Nothing but Mobile Banks.
Charleston and savAnnaAu approved South Carolina and
eor ga Banks.
great deal Of interest is fet in financial circles In regard to
movements the Bank Of England affecting the Money
arkes Of this country The the Bank Of
ngland raised the sth Of November ~ per
On the 18Th advances per cent? and sub
quenty g. from which point reeeded stood at
dates On the 2ls OF November the stock of bullion had
Ink below millions which the Oosrer saws
as lower than it had previously declined for years.
hot paper publishes the statement CT the condition Bank
England for the week ending November 2ls $780, and the
rresponding week in 1857 and 1850, az follows: