Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-10-28

London adyiees of Yesterday quote United States
520s of 1862 at 81; 1868, old, Sl9s loo'S' oz74'
and 1O-40s at 761{
Tennessee bonds are quoted in New York at 6l%
I562 for the DID, and 53b for the new.
The following are the latest quotations OF the Nem
York stock market: New York Central lSS; IliS
500 Reading Sc Southern 9l% CleVelanu ana
Pittsburg Sc; Rock Island 1915; North western
Common 7oAs; Preferred "a; Fort Wayne 30 a.,
The New York bank statement published on the
oath inst. is unfavorable, and shows loss IN re-
serve of 81 lgl 26g against decrease in liabilities
of 81, $50, $685. The banks still hold however, Slo,
936,OO0 of lawful money in excess OF the amount
required by law. The figures reflect he'.Vy uI1il
of currency to the South, which fairly set III thls
week.
Loans 500 395 07S Increase. S5l,Otg
| Specie. 1888, FOL. Decrease " g9,SoJ
Circulation "a, 204 43j. Decrease lz'o!s
Deposits. 175, 79S, 9l9 Decrease . 2944'0iI
Legal tenders. 52,037 Col Decrease. III wv
The ST. Louis -four merchants have instructed
their correspondents in New Orleans to decline 10
have their flour consigned to that market hspecle'
| because of the excessive charge-5c 3 barrel
A New York dispatch of the 25th says:
The affairs of the Lake Shore Company, 20 FAR as
they have leaked out the subject of much dis
cussiOn in stock circles to-day. 1t is announced on
the authority of of the directors that the nom
| inal capital Of the new combination has been fixed
| at $50, 1000 900. This had depressing influence on
speculation in the shares. The combined capital OF
the Lake Shore and Wabash will represent S4l ,OOO,-
OOO putting in Lake Shore at 100, and Wabash Al
rs: but when the Decatur and st. Louis il taken III
the capital will be raised to S42,5OOOOO This viii
leave margin for the company to sell s. 500 900 new
stock which it is stated will only be sold for the
| purpose of double tracking and equipping thu
road The $50, 600 900 share capital is, of course
| exclusive of the bonded debt Of the various road
| embraced in the consolidation. The announcement
| that the Lake Shore Company was empowered t.
| sell so much additional stock created an uneas!
feeling There is to be a cash dividend Of 3 cent
| on Lake Shore, to be declared the LIST OF January
| 1870 payable February l, 1870 The new compan
| will be called the Buffalo, Lake Shore, Chicago am
| Wabash Railroad Company.
| The Dubuque QOwa) Herald says pork packin
has commenced in that city. In Galena, Ill, pre-
parations making to pack more hogs than eve
| before.
The Cincinnati Commercial of the 26th thus re
| fers to the pork packing business:
| There have been several lots Of hogs in Tor tn
| packing market, but the business can not be Re
| garded as regularly opened, Notwithstanding IN
fact that the temperature has ruled at an UNUSUAL
low point for the season of the year. Transaction
have ranged at 50 5Ot610 50-mOstly at 50 5OSSl'
| To-day being very good day for packing made
much irmer feeling, but there having been little @
no stock, il made but little difference in the bus
/ ness.
The sales of Southern State bonds at the Ne
York Stock Exchange on the sd inst. were as 10
| lows: