Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-11-25


London advices of yesterday quote United States
securities as unchanged.
Tennessee bonds are quoted in New York at
50 for the old, and 52ii for the new.
The following are the quotations Of the New
York stock market: New York Central 1s2; Erie
9szI: Reading 93l[; Southern $50; Cleveland
and Pittsburg "a; Rock Island 1885 Northeastern
Common 74ss; Preferred 985s Fort Wayne S6E
Western Union Telegraph 352I
New York dispatch Of the sd inst. says that
number of German bankers met at the Merchants
Exchange, to promote the founding OF a BANK OF
Trade the principal object OF which shall be 10 DIS
count commercial paper Eugene BALM presided
and Fred Kuhne acted as Secretary. The meeting
was addressed by Messrs. Tobias, Oelberman,
RlnpdIand Meyers, all of whom denounce the pres
ent banking system Of New FORK. which made 1t so
djfh,ult to obtain accommodation for legitimate
trade and urged the new measure, 10 found bank
with twenty millions capital, that issues no bus
and applies itself exclusively to the discount OF
commercial paYer The following gentlemen were
Amounted committee on organization: Gerhard
Jansen Fred. Kuhne, Oeiberman, LOUIS Gross
man and NJ Meyers. Over S1,5OO,0OO was sub
scribed on the spot.
The Grain Association is becoming known IN
England and attracting attention to the Mississippi
route as will he seen 10y the following, which We
extract from the London Times of the 5th inst:
The following relates to the grain expectations OF
the United States:
"No 25 WATER STREET, LIVERPOOL. Nov. a
SIR: In connection with the remarks contained III
your money article to-day, III reference TO the re-
first three quarters of this year, and which, &C
cording to the Board Of Trade returns, are nearly
double those of the corresponding period OF last
wear. as a new feature in the trade, We wish TO
noipt out that large parcels Of wheat are being sent
from the Northwestern States, down the Mlssls-
sippi to New Orleans, in baIges, for transhipment
nv means of elevators into vessels Tor the United
Kingdom. instead of being consigned, as hitherto,
by rail and canal transportation and other Northern
Atlantic ports for expectation
1.-The advantage is apparent when the charges,
detention and risks from ice of the latter route are
compared with the Mississippi, the natural channel
from the Northwest to the sea, and which is nayi-
gable at all seasons of the year As agents Tor the
81 Iouis Grain Association, we have taken up
several vessels to load grain at New orleans TINS
season.
eve are, sir, yours faithfully,
patton, VICEERs q Co.
OF the packing business IN Chlcago, Messis' H.
4TiI1vard / Co saw in their circular of the 10th:
'sThe receipts of hogs for the week sum up as
foIlovvs viz: Live 5s577 dressed, 3l6; total, 3d.
S73: and the shipments, live, 1921; dressed, IO3
total, I4,O14; leaving for packers, city use, and
number left over in the pens, 49, For the cor
responding period last year the receipts We're I'VE
70, 65S; dressed, 49, total, 73,477; and the SNIP
ments, live, 81, 4O1; dressed, =; total, 3I,4gl;
leaving for packera, city use, etc, 80 O6 mead me
hacking TO the present time up 80 H. against
"a 913 to the same time in 1885, and 10000 in 1861
The market for hogs has been much excited and
daily advances have been noted, closing firm at
80 fhag 70 gross for light common to $40 50 for
.chr5rs 10 extra weights The few dressed hogs
coming to the market taken by the butchers at