, 1859-03-11
COMM ERCIAL.
!. ComasrclRl. and Money Aattcrn.

ComAsroia1. and Money Matters~
" eJarns1ir Eruuu4 March IA 1859.
MoxHz, E1MA1az,, Aa-The day has heen
6ne, and mora activity has bean observed IN the
streets than for many DAYS past. We notica
also, that few pteees Of produce paper begin
10 make their sppsaranoe-
Rstes In Ill respects arc unchanged, Viz. !:
Gold, TX; Exchange on New York ~. and
close; Discounts 10 per cent Street rates
nominal At 1@2 q cent per month.
The 81. Louis Rtpublseah Of yesterday quotes
as follows:
Sight Exchange on the East continues scarce
and 10 demand st per cent premium, q pre-
vailing rate for bankaols fund.-, aud ~ for cur
! rency.
The following is comparative statement Of
the condition Of the Nav York banks for the
weeks ending Feb. 2s and March S:
8 .,:s:;ssi :,Ss e.s
Il ~ S:5S:;; :;i;s Ill & :ss 4 i;
We take the following iteuis from E. E. Vii
lard 4 Young's Btak Not< Exporter. just ssued:
All notes and claims against the Seneca Co.
Bank, Ohio. must b. presented by the l2th Of
next June.
Tho State Bank Of Michigan, Detroit, COM
menced issuiHg it, notes on the 25th ut. The
capital Of the Bank is $50, 900. but only three
foprths OF this amount is invested in securltlea
for their uotea.
The plea OF uxury has teceRtiy been decided
invalid in a eutt against one Of tbs Rochester,
N. T.. banks. where e., 900 Wac the amount
involved, and chsrGo OF per cent exchange
was The alleged interest It Is not often shat
Judicial decision Is moro in harmony with
--t:.- irAt oN r,.ahf hftrs N,,v
than in this case.
terest to be taken, has been repealed-thc re-
peal to take effect on the drst Of April, next -
after which si1 per cent. will be the legal rate
and no higher rats can be enforced. The re-
peal Of course does not apply to contracts made
under the old Law.
There ia bill before tte Missouri State Leg
islature which contemplates the establishment
Of Bank Clearing House in st. Louls.
The Bank Of Green Bsy hss Just commenced
Bowman. Prssident-Henry Strong, Cas- hisr
Tue Cincinnati markets are thus reviewed by
the Cinclnnlti Ga@ette o! yesterday:
III the produce markets ne new feature Of int-
po.tance wax observable to day. Holders Of -four
meet the demand pretty freely. but prices are wtl
Eustoiaea at s. 0n46 for superine on the spot,
and sG@6 10 Tor April delivery. Holders, how
evrs, are looking forward to Tue establishment Of
a.eue' - n 49, ~
a drr1in. is rcsotrtejv cnn,.ndcd nyainst. All
r1udes Of wheat adyancsd be ner bu DUNG The
week RI ,s;n9 firm. torn remains firm at f30c ior
mixed. and s2{nS3 for vhito, B4rlc7 lrcjiort,
case during the week, and The market clo: ed dull
IL uroyisohs We have smother sand of. Prices
having decline to SIT 50 for best brands Of mess
pork; G@sc for bulk. shoulders. and sides, and
AlfA a CIR
up, out this las genera1ly been met by demand
for an advance Of 25@5o per bill. on pork, and
15@A on bulk meals and bacon, ~hIch las re
sulfeu in cleakiug the business. Holders have,
Tor The most part, great coufdeuce in the future,
and there is no disposition 10 press >ales Ut loss
Pdme harrcl lard Is htId at lllc with buyers at
1lic In groceries the iebbIDg business il good
k,,f ;r .},e 1,rxo rav +ha.a ~ rorr ,t+to x3e;n-