Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-11-06

FTRsT BOARD.
1000 Tennessee six per cents, coupons 81 i
1000 Tennessee six per cents, eX. coupons. 81
$1,000 Tennessee six per cents, new $50
5000 Tennessee six per cents, new .-.... 53A
25,OO0 Tennessee six per cents, new. %
1000 Virginia six per cents, ex coupons. -.-. %
1000 Virginia six per cents, new. .52h
1000 North Carolina six per cents, new. 1885,
22O00 North Carolina six per cents new sp tx 4O&
1900 North Carolina six per cents, new So tx 400
1000 Georgia seven per cents. ....-...-......P3
1000 Alabama eight per cents, bonds. SOH
SECOND BOARD.
SIS 900 Tennessee six per cents, new. -....- So
$1,000 Tennessee six per cents, new. .52b
5000 North Carolina six per cents, new. 50
5000 North Carolina six per cents, new sp. TX Al
$4,000 North Carolina six per cents, new sp II Al
5000 n. C. six per cents, new, sp. tN...b. c. Al
1000 Louisiana eight per cents, levee bonds so
The chief features in Wall street to-day, says the
New York World of the ID inst were the increasing
activity in the money market and the advance in
the rates of interest, and the heaviness and de-
Ginning tendency Of gold, government bonds, and
railway securities. There is feeling Of distrust
and uneasiness among banks and money-lenders,
and the stockholders generally are urging their
customers to sell and realize, while at the same
time many of the more prudent are disinclined to
buy railway shares on margins. The steady de-
cline in the price Of gold is carrying greenback
prices down with it, and this is gradually unset
| Ting all our markets.
There are two great questions agitating the
minds of the people, and these are: why does
| government keep the large amount of gold lying
! idle in its yaults?'-and among hnanciers the
question is: ''How are government and the banks
going to get rid Of their gold or use it without dis
turbing the great financial aud commercial interests
The New York city banks hold about s22, OOOO 900
| gold or more than double the amount at the cor
responding period Of last year. and foreign sterhng
bill of exchange are now lOs[(aiO9 against 1093G
| 10 last year. The banks hold now an amount OF
| gold equal 70 nearly half their greenbacks, and
their stock is likely to be increased perhaps to s4
100000 or $50 100000 by January, unless steps are
| taken TO provide some use for it by resuming
specie payments ON the California plan to some ex-
| tent. The New York Stock Exchange can If it
chooses take the lead in bringing about gradual
and rapid use for gold by causing all its quotations
for stocks bonds, etc, to be made in gold. There
is ne reason for not calling all prices on the New
York Stock Exchange in gold, and ignoring green
| backs as in California. Brokers could then have
| gold accounts with the banks, and would buy and
sell securities for gold the same before the re-
bellOn. This plan would place all negotiable Sc
| curities on gold basis for price at once. This
would be great stride towards the resumption OF
| specie payments all over the country.
| In.regsrd to hogs, the st. Louis Republican Of
the 4th says:
| Al the commencement of the week ending to-day
| there was apparently a pretty good inquiry for
| hogs from packers, butchers and other dealers,
| and trade opened with good degree OF animation
and fair business anticipated; besides two Of
| our large packers had already commenced opera
| tions for the season, but later in the week the
weather became warm and unfavorable for packers
to operate, and under the influence OF large sup
niles the market became less active, rather weak,
| unsettled and lower, and packers entertain the
opinion that there is nothing in the future in this
department Of trade that would JUSTIFY them IN
| paving the opening prices for hogs However, il
! may be rather hazardous to entertain or express
such an opinion early in the season. a. any rate
the opening prices have scarcely been maintained
Reported arrivals for the week embrace ,1I9 head
exports 1907, with sales OF 6,982. The closing
prices for the week were follows: Extra to
choice packers qualities we quote from S898 Is
choice butchers hogs at retail will sell at higher
from ll4f