Nashville union and American. [volume] (Nashville, Tenn.) 1853-1862, 1861-01-01
COMMERCIAL


MONDAY EvnSrNs, Dec. 81, Isc0.
We could hear ofvery few transactions in the money market
to-day Preparations being made obligations ma.
turing on the lhet January and the impression seeing to
vail that little diuy win te experienced in making The
ments. -
There to day for oOee money reason for which,
We understands that parties purchasing cannot get current
fradsfor}f.
The brokers' v charging day on Georgia and
South caEsnA npsr The for this advance is hatex
change advancing Of u.s. Wills the probability is that
win dec.ieE here.
There 10 sof Tennessee Bonds In Nsz York an IN
96h. 27 ah attributable probably to the fact tha
the Dspasnen Of Interior advertised the missing Bond
taksr BY % its clerks from Indian Trust Fund
aong which hundred and ortytree Tennessee Bonds
warning the public ains purchasing the Bonds answering to
the numbers gEen IN he notice, ana against the coupons at
tached to the payable and after January AZ this last
clause will afford sI1 ncnhs time the settlement Of the ar
fair, says the New Ts Times the State authorities OF Teunes
Missouri North Carolina not be called upou 10 pass
sPOn the Warning previously withdrawn before
Isl July And then acting precedent OF the FEDERAL
Government s they WILL doubt pay al coupons as pre-
sented by honest bona ne holdsrs the same being made pay
able to bearer and thus the language the late Secretary Of
the asury, acquiring IN currency Of bankucte In re-
gard the Boeds themselves, there also precedent
reclamation ofth principal whore thew are found in the hands Of
third party who paid FIJI Taiu good faiih for the same
and in ignorance OF thees BY robbery or breach az N,
Treasury wrots follows Massrs. Philip speyer 4 &C.
Bankers In the English ana Continental trade In rel an an
pcstOn to stop the paynt reimbursement BY OF
two Of the Coupon Bonds Of e Government which had been
lost stolen from correspondent Germany who has no, to
this day recovered his property;
rRFAsURY DEPARTMENT Nov. T. 1854
In reply to inquiry respecting coupon ceeaes Nos
and Ios0 Of the s have to state t6st thew
any Rsrson teAo may 4ars purchased them n GOOD az
ana yer ~ q sega entitled 70 t
power to issue any in favor Of any former hold
er Or pay me amount q s unless prouced either
which can only be done b express authority Of the
The Times adds that suggested nat the present warning
published rather with ves ascertain arrest the
their use negotiation By RsEI MGJoRs Co., than from
from any expectation as tte ovrnnent viii b. able to reclaim
or boil the Bonds asashd innocent holders At the
same time, it is proper ~, The COMMON law is con-
sue BY most legal geoesn coFer tbs case in fv,r Of he
Government If cut ard robbery, not mere breach
Of trust Of conversion ~ clerk agent having the property in
custody, Is established.
The Bonds issued by this state etered as we'll as nue
ed and had the Depsnens given The letter. there would have
beeness apprehension upon minds Of those disposed to Op.
rate In Tennessee Bonds. |
The New York Kceniag Pod Of the 9Th, says:
The Stock market is strong = day The intelligence
tive. but the undertcns ars FOR some time past Few
stocks are onerug, and there steady good
eues especially the railroad bonds which now more In
favor than any other dividend paying property OF the list
Bank stocks are firm ank % per cent highsr within
days.
In the State there material alteration Mls,curs
close at 6SK 969, virginss as sezg77.
Government bonds with few tran actions 81 Is bid
for the SKIES, "a for the fyes Of Ie7i
In New York the 9th 75c bid for Tennessee bonds
while holders dem Andug 10 The telegraph reporl
on the 29th at 74c.
The New York Tribune Of the 2s says 1.-THE Interest on
State debt Of Missouri has been nearly all received here That
Of Virginia has heen received in god the sats
Tennessee and Michigan hare also provided funds here
cessary for the Of the ntsre January
We have before noticed the prompt resistance the funds
Illinois, Indiana, Georgia, North Carolina and Minnesota The
debt Of South Carolina Is mainly held Europe"
The adVice from Liverpool by the kangaroo to the 10Th nst
favorable in regard ocotOn. Al Of ds
ported wife es Of IS 600 bales Tor days which specu
ulators and exporters took 5000. ~
The Telegraph advises that the secretary Treasury
has refused to accept the bids for e loan per
cent discount One Of the bids high Ger
cent others e5 and "a per and tie all the
was about II per cent The amount Of Ids however, very
SMALL being ess than e5O0CO The New YORK EVsnay Pos;
Of the 18th says
The Government has realised day It's inability to neot the
interest its debts falling due the
Treasury notes. the negotiation Of which It had evidently
Relied were not bid for, for
view OF the discTet which would follow he 5eiAut Gov
ernmsrt in the payment Of its interest calamity which
yet occurred the f0uBdaiOn % the
list or bidders for million i've hundred thousand
dollars OF United Saes Treasury notes.
or the Secretary ofthe Treasury made
me Bank OF Commerce and telegraphe Washington. The
parties these bids have been
siderations both Of hire Treasury
AID insure tie pucua Of the the
Government stock the LIST Jsnuaryone o. he conditions
their bid being for payment by deposit gold New
ork expressly to meet such interest The ua follows