Alexandria gazette & daily advertiser. [volume] (Alexandria [Va.]) 1817-1822, 1821-03-19
PAPER MARKET.

AN. York commercial paper OF The Sth
inst. furnishes the following prices;
All the N. Y. city bank notes are at par,
except JACOB Bankers Exchange Bank
which are from IS to 81 per cent. discount!
Some OF the notes of the inland Banks
are at par; the average discount OF others
is per cent; the bank of Niagara is 90;
some of the private notes at Poughkeeps'e'
ASIA. Most of the n. jersey ones are at
mar: the highest discount on any does not
exceed u to g per cent. The Connecticut
notes are mostly at par--the greatest DIS
count isl. The Boston banks are general
" at par: none of the interior ones at great
er discount :han II to ID. The n. Hamp-
shire notes are at II discount. The r. Is
land notes average the same. The Yer
mont notes the same The notes of Phila-
delphia Auc,ua,e from par to per cent.
discount. The interior banks, most of them,
from to 81 discount, if over D B; it less
than 5. from to 8. The unncorporated
banks are in lew repute; being 25 to 5O per
cent. discount. The Farmers Bank OF De.
laware at THE other Delaware notes from
5 to 25. The Baltimore city notes at
the Annapolis and branches, from 3 TO B;
the other Maryland notes rank very low
The bank notes OF the District of Columbia
generally, from II to discount; except The
Mechanics Bank, which is at 10; " Mer-
chants and Franklin, of which there are no
sales The Bank of Virginia and Farmers
Bank, from 10 j! per cent, dis; the Val
ley Bank 4; tn. unchartered banks Chat
may 60 abroad for market which they find
not here from 10 to 2o.-The State bank
Of North Carolina, q to 8; Newbern and
Cape Fear, 3 to 35.-S. Carolina notes,
TO lt-Georgia, from 94 to %, except Au-
gusta Bridge bills, which are % to So
Tennessee, Kentucky and Ohio, uncertain.
This western paper is the worst in the U.
MON: the banks having overdealt beyond
their own means or the demand for paper,
and being compelled to shut up shop. y
The Notes Of n Orleans, which are WANT
ing for remittance, and are based upon an
accessible specie fund. are only per cent.
dis The U. S. Bank Notes, not payable
in n. Y. are per cent. dis.
u. S. Bank Stock was lIOi.
The government stocks were brisk, owing
to there being more money ahoat than could
be pro6tably invested in private enterprise
The per cents were from to II per
cent advance; according to the year Of the
loan 1t it was the war loan of 1919, il vas
loS4 to log; if of 1913, Io8 l-S to lo94; il,
of 1914, io93 to LOG 7-8; if of 1915, Ilo3 to
lll.-The five per cent. new loan, was
even as high as los to lo7-the per cents.
Hob to III; the 3per cents. TAI to 75i.
The mercantile reader will not have fail
ed 10 remark, that the millions loan au-
thorized by the late act of Congress. is not
to be put out for more than 5 per cent; and
il is TO De redeemahle at the option OF the
government in the year 1885 Even at this
price, if stocks keep up here, and porricu.
larIy in Eng land; aud # other business con-
tinues dull, it may become matter of pro-
6t and speculation tor capitalists TO engage
in it.)
Bills on London, al TO days, are quoted
at los. -
THE UNICORN.
In the torty-seventh number Of that inva-
luahle a ork thp Quarterly Review rsceiy-