Nashville union and American. [volume] (Nashville, Tenn.) 1868-1875, 1869-01-06

London advices of yesterday quote Uni
ted States 5-2Os at 74B.
Exchange on New York was taken by
the banks yesterday at I discount, and
sold by them at par,
There is very little doing in corporation
checks. Dealers generally are holding
7S@SOc.
Tennessee bonds were quoted in New
York yesterday at 66i for the old and
66i for the new.
The sales of Southern State bonds at the
New York Stock Exchange on the ID
inst. were as follows:
FIRST BOARD.
5000 North Carolina Ga, new........60
1000 do I'd c....609
10000 Tennessee Ga, new, ex. int b 664
10000 Tennessee 6J, new Cx int b3O 664
The New York Post of the afternoon o.
the % inst. says: "The money market
continued stringent up to the close of bank
hours, when the rates at the Stock Ex-
change, where there have been for several
DAYS past special dealings 10 money, were
quoted per cent and ] commission bid,
and offered at 7 per cent and }; these rates
being for the use of money until Monday.
Several trust companies who disburse large
amounts of interest for different corpora
lions have to-day called in their loans,
which is the principal reason for the con-
tinued activity to-day. A portion of the
amount so called in is Immediately re-
turned to circulation, while another, and
perhaps the larger part, is not expected to
find its way back into the loan market for
several days. The Assistant Treasurer
had disbursed, on account Of January coin
interest, up 10 the commencement OF bust
ness this morning about $4,000 900; this
amount of course gave material assistance
| TO the banks in preparing their statement.
While it is not expected that rates for
money will suddenly fall after the state
ment is rendered yet it is believed that,
during and succeeding next week, all the
influences operating on the market will ia
yor a gradual increase in the supply 0f
Ioanable funds available for Wall street
| transactions"
The receipts Of cotton at New Orleans
I'D to Christmas day, for The last two years
compare as follows;
| In 1868 4OO'dSO
| 10 1857 %lS'olo
Excsss for 1868 1861
The New Orleans Times says:
According 10 these figures less than
| one.tbird of the crop Of last year reached
this mort before the 18th of December. If
| a like proportion Of the present crop has
| hoon receiyed TO the same date, the total
receipts TO Ist September would be l,zOu.-
600 bales. We think, however, that this
| fgnre ia considerably in excess OF the
nnohable receipts, iLasmuch as larger
nronortion Of this years crop has got to
our wharves owing to the absence oil the
| endemic with a better season and Daviga-
| tion and ap earlier and more active gath
| erinp Making full allowance, however,
for these advantages, we think it quite
reasonable to expect receipts here OF at
least 100000 bales of this seasons pro-
dncts. Some very judicious calculators set
down the figure at 100000. If either
estimate is correct, the proposition which
at the opening of the season we stated IN
this paper will be realized, to-wit that the
money value Of the cotton receipts at this
port will exceed that of any previous years
receipts"
The following adVices concerning the
cotton movement are extracted from the
Commercial and Financial Chronicle OF
Dec. 2:
"By special kilograms received BY US
Yesterday from each of the Southern ports
we are in possession of the returns .. show ~.
ing the receipts, exports, etc, of cotton Tor Tor
the week ending last evening, Deee moer
81. From the figures thus Obtained 1t sp-