, 1861-07-16

NEW YORK STOCK BoARD.-The following are
the quotations Of to-1hy' & New York Stock Board
let Board. ID Board.
New York Central, R. r. stock. .764 761s
naiGn4. G ;s-''...'''''-..'.'.-.S5A 66ts
1toeK 1t!ana. ......-.-.'.......3yH 39z
nichisan nc Central. H. e.
Cleveland and Toledo. ..........s;a .. ..
Harlem, preferred :,..........s57 "
Tennessee &C., bonds ........-...43 4sk
virginia g. DO ..........:.4sx ....4sx 3sAA 33ssAA
North Carolina do ............GO 5SE
Market firm and buoyant.
M11wArKEE.-We quote the following from the
Sentinel Of this morning;
There vas much better feeling in the money
market On Saturday than at the close Of the pre-
vious week, Exchange Was to S q cent lower
currency was circulating freely, aud business Of ali
kinds was much moro active. On Saturday ex-
change WAS sold pretty freely By some of the banks
and on the street at 10@1aS 2 cent. premium,
and Tor large amounts the latter rate could not
readily be realized: On Change Eastern currency
at Il a cent. premium for current 1Wisconain
money.
NEW YoRK.-The Times Of Saturday says:
Money lenders at bank and on the street con-
tinue to otter temporary accommodation at as low
The five millions on GO day paper taken By the
Secretary Of the Treasury, is likely soon to return
TO bank again, through the disbursements Of the
New York Office The effect on the market is,
therefore, next to nominal tie more 80 as the
negotiation still leaves over 81 600 900 in Bullion
In bank. Exchange On London has relapsed into
dull1efs. 30 far rs Bankers bills arc concerned.
but the recent advance in this class to 107
p cent has been of service to Merchant bills,
which now 60 at from 1o5A to 10G11 q cent. This
comes very acceptably just now to exporters OF
Grain ard Flour, rs F1efghts are working against
them.
ST. Lor1s.-This mornings Democrat, noting
the market for Saturday evening, says:
This weeks money market clo=cs without actir-
1ty, and nothing unusual has tranepired except the
aorance Of exchange from SOS per cent, prem, On
Mendayu ~ t. nonina!ly per cent: today. We say
nohftHlAy per cent, because exchange Is only
that price in name. There are no transactions al
that dgIIe taking pnce, and as long there is no
merely to accommodate tie banks, We have II
from good bank authority, that there has not been
ever per cent. prem. paid for exchange this
fiction. Some OF our readers are disposed to ind
fGult with us Tor quoting exchange lower than the
hanks are asking. But when they learn the
tricks OF tie banks as well as We know them, they
will tnsitld thcir ctnsu1e Of us, and place It
where it helo1ga.
FINANCIAL INFAAY.
If any thing were nartins to complete the In
fanny Of Te,restee, or rather Of those who 'run
FN1~
ing law OIL tie subject Of wholesale Reputation is
ceitainly ample. a more degrading piece of bar
barism, 1nlee wholesale murder and cannibalism
tc added, it would be scarcely possible to enact
The reputation Of Mississippi becomes honorable
compacedwith this c1owriny act Of infamy. Can
any thing more plainly reveal the desperate con.
dition to which the traitors are reduced. 1t Is
entitled
AVA y
TO RECEIVE AND PAY OFT TIE TREASURY
NoTEs eF TIE CONFEDERATE STATES AND FoE
OTHER PEErosRs.
Section /. BE 1t enacted by the General Assem-
by Of the State of Tennessee that 1t shall be law
luI for the bauka Of this State to receive and pay
out the Treasury lotes Of the Confederate States
of d Amellea Issued IT, pErsuat &c ct an act passed
By the Provisional Congress OF said States, on the
= day Of May, 1861.
Sec. He it further enacted. That AL officers Of
the State are authorized to accept eaid Treasury
the several counties thereof; and that they are
thorized TO receive in payment Of moneys due thu
State aEd the sere1al counties thereof the c1cula
tion Of the banks Of tits State which conform to
the hank code Of Tennessee and the acts amenda-
tory thereof.
SIC: 5. Be it further enacted, Ttat the banks Of
the bank code Qhe Bank Of Tennessee being IN
elu9e1} sh9il reshme specie payment sfmultane-
sns Io a9a ID # L hefe6y deelared II
specte payment in advance Of another,
sEe. 4 Be It further enacted, That the policy Of
their circulation Is detrimental to Tue public intsT
est and that they be required to reverse thcir pol
iSy and & Increase their circulation 80 to answer
creased circulation shall not exceed Two doisrz Tor
one Of paid capital stock.
SEC :: Be 1t further enacted, That SO much of
nary, 1851, as fixes the time for the banks therein
named to resume fpecie payment By the 1st July,
1s62, be and the same Is hereby Espealed.
be iawfnl for any bank IN this stae either direct
II o. indirectly, to pay dividends duo to stock
holders Who are citizens of the non slayeholdiug
States Of The Emitted States OF America, This pro
hibitton shall continue during the existence Of the
var Nhieh the federal government Of said States
ef America is ,waging against the Confederate
In this State, OF he agent attorney thereof shall
violate The proyslons Of this act he sha be entity
ne e ssa an %se Sa aSs sa
not lees than one thousand dollars For the pur-
poses Of this section, the ownership Of stock to be
on the 18th day Of April, 1861. ~'~~N
szc. Z. Be ii further enacted. Tint 1t shall not
ee lawful topsy the Interest on the bonds Of the
the State may be Hable. # ssd bonds were held and
owned on the 18th day Of APRIL 1861 by citizens Of
the States Of the United States Of
day named being the date Of President Ltncoin's
proclamation calling for dye Thousand vol
nnteers for the subjngation Of the South nor shall
All0 pay llE pl1H-lpa4 dA5 PaIL lHe1FQl Oh
eatd bonds. This prohibition shall continue du-
ring the existence Of the war which the United
States Of America are wastng against the Confed-
va, the debt, principal and interest, shall stand
subject to adjustment and accommodation BE-.
{Tetn the TWO governments: upon such equlta-
BILE baeis shall be in accordance With the nzage
and practice ct civilized nations.
Sec g. Be itfC1ther enacted That 1t shall not
be lawful for citizens or corporations Of the State
TO pay debts which they may owe to corporations
q citizens Of the no1slayeholdicg States Of the
Lifted States Of America during the war now tn
pscEreas. and the payment OF said debts shall
etand for adjustment and accommodation at the
e:ose OF tie war upon the principles stated IN sec.
tloc seven In this set and It shall not be lawful
wise to Represent himself as owner Of any debts
thus due, and In that manrer eEndet provisions
q this act; and assignment Of any of satd dsbts
since the ccommencementofh Of host1ities shall ha pri-
ma Jdcie evidence that It WIS done to evade ibis
set. It Il In Ike manner made Illegal for any
sgent OF Astorley to paT over moneys which may
SoT BE collected. or which may hereafter be col
lseted, for the citizens and corporations Of said
coa.slasehoidtcg States. snd this prohibition email
continue dut1rg tie Wal, and In no eyent shall the
state OF Tennessee become Liable for debts of any
32o;FIoua debtor Ct tie State, unless sad debtor
shat Fave paid the amount thereof 1sto tbs treasu-
y Of the Sthte. -
axo: .. Be It further enaceed. That violation
section sven aad eight Of thts act ehail subject
tao oae?ding patty. on conviction. to tnprtken-
Eeat at the dissection OF tbs court, and to 4 d. $
cQusl 10 amount to the SUM paid.
acc. 10 &c It fuItlt: enacted, That ttehaf go!
- HEful f1r acy bAuk, CT the cfHocr or agen.
thsreea. to rlEaove ircn this State the aaxsta o.