, 1859-05-30
,Fina a1lCiAl ann: elQn1raerfia1L


EAfk k4AA-fAAyE31
The week closes upon quiet mo6ty market
Exchange is reported shade clo.er to-day.-
Hates Q = cept premium Is usual. Gold u
cent. Discounts 10 . ccnt, The bnnks are
glad to"get III The good business paper that
offers. Street rates nominal at 1@a 4 cent. z
month Little doing.
Sn1rxES1s or GoLn-Thc large shipments Of
gold from New York to Europe may well excite
attention. The Persia on Wednesday took out
5000 ,5s5, and the telegraph informs lis that
the steamer smiling to-day takes g. 900 600 more
making over five millions in n single week
This is million and half more than was ever
before shipped in the samc time. It ID already
aseertained that fourteen millions and half
will be shipped during the present month. The
New York 1;,nes estimates that the shipments
will average from cigA: 10 ten millions for the
next three months.
It is true the country has much more specie
than it needs; but it will be worth while to in
Yuirc how long this Immense drain can continue
without The most serious results. The truth is,
importation has been carried 10 reckless c1-
tent for the past few months, and if this large
export Of the precious metals shall cheek it md
bring our imports within healthy limits, the
country will be largely the gamer, Better by
far to retain our specie than to spend it for
brandies, wines and gcwgsws Tint minister to
81 dcprarcd taste, and end nnly in bankruptcy
and ruin.
Sr. Lor1s.-Ne take the following from thc
I}e'nosra' Of yesterday:
The demand for money wus Little more ac-
tire to-day ttaa yesterday. but there Was no
tigh1ncss in the market, as all the good bns-
ness paper offered was discounted readily by
the Banks and Savings Institutions. There
was also greater demand for Eastern Ex-
change. which continues close-although the
sinb- Treasury has furnished considerable sup
r1v in tho past few days--nt | premium tnr
bankab!c funds. Currcacy is III good supply
ii i.Ill per cent. discount.
ClSt1S*s71,-Thc following is from the Ga=ttte
Of Friday:
The money market exhibited no new fcaturc.
The Offering Of lumber paper grave. "''Tc
active appearance to business IN sumo
quarters, but aside from this the dclnand WAS
moderate, and matters werc comparatively qul-
It, The news received today from Europe is
calculated TO strengthen rather than weakcn
considencc> Aatcs uf interest rcmain At l"G l.
rcr cent. for good paper.
Eastern Exchange WAS generally .qnitc closc
aatH3t Auu Hut AAIc3 HG1E N!EtsEAf a|p$
dealers in mary cases refused to draw except lo'
slepo>itors. For New York cllccks, 4h@ 10 va.
pad over the counter, md some dealers sought
suppl Of their nci t,lbors ut ~ Private check,
I'll Baltimore sold Ut 81, which is TN adsance q
avl ~ Bankers talked o good deal about m nd
vance on their own checks; but tue propositol
aid nu. MEET with much favor. 1t is probAbIc
however, that two rates will he made tor bank
ess' clrcIss-~onc Tor depositurs and anotlcr io
uatsidcrs-say and prem. 1t Is not l'c'
icsrd tat uniform advance Of or even
crnisl le sustained long enough to justify iii
change.
NEw yons.-TAc Tine of Thursday SAYS:
The ma,kc. for Money, under the heavy cs
port Of specie, works with stea,liness wllic
;,'gues q very prompt und considerable assis
from tlsc country. But ercn tllis wou!
scarcel, suffice tu keep the rates within G@.7
rent. is,r prime discounta, and 6(l6 q cent. e.
demand uud short notice Ioaus, but for the Gil
cu,>,ancx that lie Dils-ficccivabe Of the IN
1orlcrs aud Domestic Commission Houses, bot
lau;, au1 short, lad been in lurge measure al
'ic'pased ut Dnnk and through the dicount br,
.s.ss before the market fairly turned 5tGJfa ccn
The Danks ut present prudctlly discriminate
favor Of bills within GoWyu days. giving prelc
encr to the very shortest, and tue consequent
is thai they run e1 Il million q week Of maturil
l,apcy, in excess of new discounts, without pa
ticular effort, and certainly without cnrtailmc
upon their regular dealers. Thut this procc
.s change of policy tlIruws pressure or sc,
"l,s advance of rates OIL the outside borrowe
',ru while iieavy remi1tanccs are being made
i.ur"pe, VIC attribute mainly 10 the fact just vt
led tilai very large supply Of G@5 months p
|'es, matle carlics iu tho season, was cashed
the instant, un terius escp below tue present g.
'lr" for ~ days.
uANK STATEMENT.
The following is the Bank movement Of Il
aour principal cities, us shown in their Ii
statements:
Loans. Specie. tisvlat'n ne1a,-
1'rk, May 41a3. 81 si1y1Aks S.a3.y.5 e.
i'htss,!, I'D siSG.H.G ay3.l{1 aOl4GS1 l,lSs:
N.traHa 18th. lA,JfYs.31 lfStl ~ Ia.13a1I aa69.s
i:'~t@A. -oth... ss,336a0 6..1l,011 7GlaAU aOS45l
T",al al.....s.s:44 ~. 81 4saT,3q4 n A}3x3s 147es0:
Last werk saoOst az oss4Ss9l 81 l.rss6 l3ll1s