Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-04-03

TuEsDAr EVENING April 2. 1881
The demand for Exchange on New York was no.
so heavy to-day as it has been, and the supply wa
somewhat better, but we hear Of no change j,
quotations, The old Banks continue to furnish
their regular deposit customers limited amounts
l per cent but other Banks snd Bankers charg'
2393 per cent.
In New York on the 29th, at the first board
$4,000 Tennessee per cent Bonds sold at 74sc ant
$4,000 at 75c and at the second board, 81 600 a
75se and 5000 at '5ac and on the s0th, at tho frs
board, 1000 at 75sc. The telegraphrepcrts sales
at the second board yesterday at 74sc.
The duh season ia now upon us and our business
thorougbfares present rather an uninyiting appear
ance This state of things will, we fear, continue
until the fall season opens. 1t is true, we shall have
light trade until then, but it will not amount to
great deal in the aggregate. In the meantime. we
hope our business men will make active orepara-
tions for the fan trade, and hold ont such inuce
ments as viii again place us upon the highway of
prosperity. Can this be dones
New YORK Banks.
The telegraph reports the following as the
changes in the statement of the New York
Banks for the week ending the 5Oth, as compared
with the the previous weeks statement:
Increase 10 s902,70
Increase Of Specie 19Ils95
Increase Of -.......-. I67Ie75
Currency Meeting at PittsbuFg.
A telegraph dispatch from Pitisburg dated the
LIST, says:
The business men of Pitsburg and Allegheny
City held an enthusiastic meeting on the currency
question to-day. Business men not heretofore par
tcipating In the movement, assented to the unani-
nous voice of the meeting not to receive depreciat
ed money except ct brokers Missouri and Yir-
ginia money is to-day quoted at 4per cent discount
The farmers will demand par funds for their pro- ]
duce." at
Business in New York.
The following is reported as the condition of bu>
siness in New York during the week ending the
Both ult
Commission houses and importers doing less
business in the aggregate than last week. but jobbers
are more active. 1t would appear that the long
delay in opening the is to be aggravated by
q premature close.
Business that is done pays little profit, and we
hear that financial troubles are seriously felt 4
There is no general complaint as to the extent of
sales. A banking commission house informs that /
the quantity of goods sold this month will nearly
equal the average, but so far securing profit s
there as no satisfactory result
Business Prospects OF South ern cities.
The Charleston Msrcgy is jubilant over the bust
ness prospects of that city. Trade Of all kinds, we
told is increasing at amazing pace; customers
IRE. thronging the city from all quarters of the
south, and the indications are that Charleston is
destined to become the commercial metropolis of
he Confederate States. The MTcuy adds:
In dry goods and fancy goods the operations
ave been very large, and the purchasers, we are
Informed, are principally composed of those
Who used to patronize New York. One house alone
the business of which heretofore was chiefly con-
med to Georgia-has sold heavy bill to mer-
hants from Georgia, Mississippi, Arkansas and
exas. In shoes alone the sales of the last weeks
ave amounted to upwards of two hundred thous-
nd dollars In short, the prospects Of Charleston
ever were more bright than at this season.
The Mercury also states that the hardware mer- J
hants and dealers in drugs are already importing
irect from Europe, and others making arrange
tents to follow suit. There is, however, q want of
lore houses and more capital, but the Mercury Is !.
'nfdsnt they will be promptly forthcoming.
New Orleans Banks.
The statement of the New Orleans Banks for the 3
eek ending the 3Oth nit. compares with the prev-
"a vaok'a statnulenf as follows e |