Nashville union and dispatch. [volume] (Nashville, Tenn.) 1866-1868, 1867-01-13

5-2ls, coupons NEUTRALITY-SUSPICIOUS.. lu-G'O1is
5-3s "a series coupons .....--.....-..- lu35-glo5
! 1-aS, 81 series. coupuns-.--.--...- ly1s1 l.1-4
2---, new issue ~ "a ~ M
] lt-4jS--.-. --..-..-. 81. ga NV
................ 14iz@loi's
London adyices Of the 18th inst. quote
5-20's at 723.
Currency continues scarce, and exchange
on New York was taken by the hanks at
discount and sold by them at par.
There was scarcely anything doing in
uncurrent money. Bankof Tennessee was
quiet at SOC buying, and 53c selling, with
but little in the market. Planters Bank
was firm at S2cbuying and SSc selling.
Union Bank notes were bought at soc and
sold at SIC.
Southern bank notes generally were very
dull, and rates were unchanged
Nashville corporation checks were dull
at 10 cents discount
Tennessee bonds were sold in New York
on the 9th inst. as follows $1,000 new at
GGc, s., 600 at 6Glc, $1,000 ex. coupons ct
cole. These bonds were quoted in New
York yesterday at G5lc. It seems our
bonds have not recovered from the tempo
rary stoppage in the payment of the inter
est.
The statement of the Second National
Bank for the current quarter has been
printed in our advertising columns several
days, and it shows that the management of
the bank has been such as to justly entitIe
it the enyiable reputation it enjoys.
A number of petitions from the West and
Northwest, AGAINST curtailment of the ma
tional bank currency, were presented
Thursday in the House Of Representatives.
The statement of the Northern Bank Of
Tennessee, at GAINESVILLE, shows that on
the LIST inst it had an outstanding debt of
only S37Ol.
The National Bank Not, Reporter in an
nouncing the appearance of a new s. coun-
terfeit greenback, dated March 10, 1862,
stated that in the counterfeit the large figure
8 in the center touches the shading of the
United State5-in the genuine it does not
and that this is the only discrepancy by
which the spurious note can be detected
Referring to this report, a Subscriber TO
the Louisville Democrat suggests that it be
corrected, "as an examination of a,numher
of genuine 81 greenbacks will show that q
large proportion of them will answer ex-
actly to the description II the counterfeit.
Of lot of twenty now before me, six should
be counterfeit If the above is correct. The
position of the large figure 3 is hardly the
same in any two of the bills And A
Customer" writes az follows: Having ex-
amined three bills Of the above date, find
ing the s. does not touch the shading in
ore, lust touches in another and in the
thire IS more affected, it becomes question
how to distinguish the above counterfeit.
The engraving bears every test in each, ale
though various discrepancies can be dis
covered
The following from the report ofthe
State Treasurer of Ohio, shows that there
is practically but little circulation left to
their State banEa
Deposit ofato.kz. uutatd Griffin;
Free bInks..---.......sl4J,i 5t -fl,Wb
independent banks 1850 '''o''
Total .............- s254er sIssT-4
The question of bank reserve Is begin
ming To awaken almost as much anxiety in
England az in this country. 1t will be re
memberrd that the bank restriction act of
1914, contains NO provision compelling all
the banks in Great Britain to hold q re
serve of money. The want of such a re-
quirement has long been felt and Mr. Glad
stone, last summer. in discussing the causes
of the panic, urged that this serioIs fuuda-
mental defect in the banking law should be
remedied. It's probable that Parliamen-
tary inquiry will soon be made on the sub
iect.
The treasury of the United States re-
ceived in gold for customs in the calendar
year, 1866:
Al the ts....................... 4g6255s7
Total in gold .................... siS,6-9
Gold interest p'dut n A...~iS .6,O,5ll
At other offices, say 22UOuOol- lObol,s'i
Surplus from lt9l69%2
Added To Treasury gold balances. i2"3l,S.S
Sold and otherwise disposed Of. st6.2l6A2l
On the first of January, 1867, the ma
tional debt, less the amount of cash in the
treasury, amounted to S2,543, ia 81.
The following table shows the progress of
the debt since the 4th of March, 1861