Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-08-09

London advlces Of yesterday quote
United States 5-2Os at 7Si.
The brokers here were buying United
States sos at 1Os3@1O8i, and selling at
lO9I@11O. The $5Os and SlOOs com
manded1c more than the $500s and Sl0OOs.
Corporation checks were bought by the
brokers at 15@16c discount, and sold at
13@14c.
Tennessee bonds sold in New York on
the 9th inst. as follows: SIC, 900 ex. cou,
pons at 691c $1,000 at 692c, $4,000 new at
672c, $4,000 at 678c, $4,000 new at 673c
Georgia Is sold at SAGE and Missouri IS at
1034c.
I hThe statement of the New York city
banks for the week ending Saturday last,
Aug. 3, compare as follows with the pre-
vious week, aud with the corresponding
week last year; 10 which we add the specie
and currency balances in the New York Of
fee of the United States Treasury at these
dates, respectively
Aug. 4, '66. Aug. 8, 81. July q. o.
Nat eaP1.~$72 ,S91. 200 700 $685.. 700
Local "...- 9,262,5OO 9,462.50O .s.462,5OO
Total capital $50 200 s829202OO ss2,92o, 200
Loans; 80, 256,sOs,l71 25494O,Ol6 25l,243,8SO
notes.. 9.44s,9Oo 646l,949 s.78sO94
Deposits ....-2l4 l56.705 20l. 153754 200608. SS6
Circulation. N3ll,549 3S559.ll7 3S,596,S59
In S. Tres'y S2,467,634 12S.76l,670 lSO.l96.O95
The changes from the previous weeks
statement are as follows;
Increase in 696 lS6
Decrease in las
Increase in other legal tenders. ..-..... 492,922
Increase IN depOslts.---.-....-.--. O44,oOo
Decrease in circulation 8,I42
The present statement shows the smallest
amount of gold and gold notes held by the
New York city banks at any one time for
several years past. The New York Times
says in its report of the evening of the 9TH
instant
The price of money to the stockholders
was per cent. on the public funds, and
from 4(96 per cent. on the railway and
miscellaneous stocks. No new loans were
made higher than five per cent, but some
of the lenders of last week marked up, and
they attempted, without succeeding, to
mark up their railway loans to six per
cent, svailing of the heavy fall in Erie on
Saturday afternoon and this morning.
The bankers in the foreign exchange are
either drawing on London for their own
account or lending their bills for the use of
other parties, who lodge ample security
with them, at a concession of 4@3 per
cent. from the so called standard rate of
this day week We quote 60days at
109B9 1929 per cent. At the present ruling
of gold and the ability to lend it for the
term of sixty days, free Of interest on the
currency advanced upon it, there is every
temptation to borrow money through the
use of foreign exchange; and this without
the risk of the fluctuations in gold. In
other instances the exchange is borrowed,
to be covered at the exiration of sixty
days, and the gold received for it sold at
the going rate on the calculation that ii will
be bought back in season from three to five
points cheaper. The sales of gold to-day
were quite steady in price, 14049 140s,
but not very large in amount, but the
scarcity Of the cash gold enabled the large
holders to exact half per cent. for its use
until tomorrow. The customs demand for
the present week will probably average
$4,000 to $780, 600 per day, but it may
be that the Treasury will sell most of its
August receipts, as no gold interest is to
be paid this month, and only moderate
amount in September.