The Nashville daily union. [volume] (Nashville, Tenn.) 1862-1866, 1865-10-17
Gorernmeut Securities.

The y. Y. Times, Of the 18th in { stated
that by the China, which arrived from
Liverpool on the nth, large orders for
American securities were received from
England.
The next day the Times said "Despite
the depression in fo.eign exchange, and
the stringency in money, the market for
government securities was qaits strong aud
buoyant vest, rday, especially for the gold
bearing bonds, which, under an active for
sign demand, were on the advance. The
Skies Of 1881 improved y to q, and were in
very lghl supply, as were a 80 the first is
sue Of F vc-twenties, on which foreign or
ders mainly run. Ia the absence Of an ade-
quate supply Of the earlier ] sue, the Five
twenlrs Of 1854 we're moderately purchased
ON foreign account, chiefly for the London
market. at an average Of per c n. under
the current price Of the bonds Of 1862, 10
which 1 oss Of 1854 are precisely similar,
save that the latter have absolutely two
years longer TO run before the redemption
option Of the government can take effect,
Circumstance which home buyers for in
vestment consider decided advantage.
"The turn OF the foreign demand on the
Second issue Of Five-twentses will doubtless,
speedily ,qusl ze the price Of the first and
second series. \ purchase Of S5O.OOO wsrth
OF the Ten-ioriy Eve Ter cent. st "a was
made, a. shipment by saturday'ss Gamers.
as sn experiment. Il is believed that the
low price at which these bonds can be placed
abroad viii recommend them 10 popular ia
vor. The Seven-thirties have been favora-
bly, affected by the improvement in the gold
bonds, and yesterday were in lair ieques, for
investment at a shade better prices Com
pound interest notes were in lively demand,
aud decidedly srmer, in view Of the con
vertible privilege nov available which the
recent advance Of l@2 per cent. in the ear
lier issues Of she Fiye-twenties renders very
attractive" . am.
British capitalists got seriously bit by
taking stock in the Southern C0niederscy.
They have g chance now to make up their
losses by speculating in bona ME seeur ties.
some Of them are taking advsntsge Of il,
BUTT is the more sensible Of the British
mouiei men, who had nothing 80 do with
the rebel bonds, that are investing in our
securities. The feeling in Europe towards
our country has been greatly improved Of
late, the Presidents speech 10 the southern
Delegation having had marked effect
The London DAILY Noes, after remsrking
that The pressure Of our debt viii be proper
toned to che number Of the population 10
the frat place aud to the prosperity, 10 the
second. Of IA Ne who bear u. adds:
'0n one condition, the republic msy be-
come richer for all the purposes OF social
well-being than it has been before. il IL
not on , practica ly observes, BIT coasis-
ten ly processes policy Of peace with its
ueiguhorsand he Sor d, twill attract both
toe labor and the capital which are indis- I
peusable 10 the nll aud tHpid development
90 ITS uuexampled natural ~ ouFces. Europe
has observed with surprise, and ip the orde
which teaded The access on Of Mr.. John I
'on 81 an appalling crisis, has seen ? ooi /
OF the stability oil It's institutions. The /
comp etc I'D usuueut OF its loreiga relations /
10 a con iliaiory spirii would further raise /
lts financial credit 10 3 height which would |
immensely increase iis command OF capital, /
by making rs stocks iayorite channel Of |
investments here"