Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1860-10-31
BY TELEGRAPH.


The telegraph reports sales Of Tennessee per
New the 9th and Virginia Bonds ats7 These
owerfgurs than have since the
panic Of 1857 They show decline within month on the
former and &c the latter
There has heavy decline in the prices all descriptions
bonds in New York within days. it is ev
dent that this decline brought about BY the attend
ant upon the Presidential election the 18th there was de-
cline Of 395c many descriptions Of securities On Monday
the telegraph reports advance in many descriptions Of %
market It very evident that the prospect
Lncoln election is operating most inuousy upon Stock
MARKET papers the interest Of the party sustaining
HIM feel Sensbly those opposing him. and they been
sbong assduousy explain the excitement that has
taken possession Stock Market by arhsng 1t to
other cause.
The New World in sSMoney article Of evening Of
the 26th says;
prices have declined from to per cent The sales TO-
cash large and pressed 70 extent which fairly
ed late hour and the transactions we're large The sales
32 shares railway Stocks OF which only 400
stocks So 500 and railway BONDS S3l Tennessee 0s
cined 7s Virginia 6s per cent Missouri 6s per cent
At the second board prices again declined with tendency
o1iy I5oo e time sales sa.e stocks sIO50O VrViD a.
declined q per the morning quotations. closing
81 and Mssodri's Is, closing at 7@2<'
In its editorial columns the World treats the panic which has
upon Stock result brodght about by the
Spears AID pOitcanstbat cOncOcted by leading poll.
little the face Of the fact that there has beer large up
ward movement beginning Of july which, as
the Word admits reasonable and substantial the
heavy grain crop consequent revival Of western
The panic be found in the critical
tion Of political affairs.
The New YORK Bank Statement for the week ending the 9Th
shows an increase in loans s59s4 increase specie
decrease in circulation sl3 s7; increase in deposits
SI5O775. This indicates line Of loans amounting s23
GIG against sII64I423 the corresponding period
year. TIE pese reserve amounts to s9 $780, against $751;
94s ,975 last year.
The New YorE World in its Money til. evening of
tbs 26h says
per for short loans and exceptional
and 5l Capital very abundant and considerably
the demand Business such capitalists
scarce, and readily taken favorable
and rather below the market quOt.ons Prime
under ninety days. ut TO Ga cent and e
that Ga to7 First class single signatures T. to
10 2 and less known IL 10 Tbs
unable obtain desirable paper the amount they will
log discount The general trade Of the country is unusually
finances from the legitimate receipts Of cash from sales
maturing debts Collections from the country
better.
The New Orleans Picayns Money article the ev.n.
ing of the Goth says:
The improvement moneyei and business circles which had
week has been we'll sustained during this
week. that weekly summary add nothing than the
ordinary active Cotton market supported by further
the cold weather ch alluded to in our last
weeklyrevow We add that the weather has been
the high estimation ofthe Sugar crop.
The of has been we'll sustained throughout the
The Transactions day and the close Of buisi
do not any material change in table Of
the have the o.
Theche operations have been in sales Of Al
cures pct with occasional transaction within the
Of The demand for Paper which prevailed at the
of the week has subsidized within the three days
applications in Bank have been large, compared the
There appears to be dimiuntion in calls
the aggregate To-day there sales Of June
Paper 10 get while there other higher
G CURES, technically denominated call loans:
The Cincinnati Gazette in its Money article OF the evening Of
the 2gth says:
The In financial circles Saturday showed
business this caused chiefly collections
large amount Of paper having matured This promptly
and judging from the comparatively applications for
oans easily Nearly all the bankers reported deficiency
the offerings of good commercial compared With the
supply capital The features Of the market in all
respects fully mantaned but there giving the
OF interest As the the when
there necessarily be active demand for mOnsy, capital
disposed invest except at full l092
Within the ninety $40 QUO will be pGd
the West for Hogs After the current month"; therefore, the
banks will have enough to do in fuppng currency be used
moving hog and other products Outside Of the regular dis
houses there little doing paper First class
rarely found on the street.