, 1860-01-28
.Dinallcial a,lD Gommcr(ial,
MON ErTAR.Y.

~, FatnAT EvEa1se. jon. =. lse0-
: Tho demand for exchange continues decided"
ly dull. Very few drafts seem to be wanted, |
and most Of those TINT are called for nre small
in amount. The bauks held the rates steady at |
q. anticipating better demand NEXT week In
the street during tho forenoon it WAS add freely
al II, but it vas Grutcr il the afternoon, aud 1t
was readily obtained. About II we're the aver"
,nge buyiug rates for the day. !
No movement as yet in gold. Buying rates
II; sslIing, e@:4.
ILLINOIS CEEnEScr TO RE TuEowS OrT.-"e
find the following item in the Jancsyile Ga:t1fe
Of this morning:
AL the bsnks ur This city give notice that 1lli'
nois uoncy will not be receiyed0n deposit after
this week. This currency will, however, be
bought At from oue huff 10 one per cent. Ne
undesstand TINT Illinois money has not been re-
ceiycd Oh deposit ut Milwaukee and Madison
for several months, aud this course is taken be-
cause it is mt reality convertible, while Wis
20 lsiu uoney Is sent home or redemption from
lniuois iu large quantities. The banks here
have taken this cou,sc purely iu self.detence.
Whether this will prorokc retaliatory meas.
urea. NE are not informed. We shall watsh its
effects. to scs what mar 'turn upg''
ST. Ler:s-Thc Democrat Of yesterday says:
Exchange Was offered even at discount Of
for gold, hut that nrticlc could not be had.
For bxukab!e funds. haukess' checks on
tue East sold ut 1a@e premium. the inside
rates at the banks. W the South there is little
demand, aud Sigh. could be bought outside, or
from brokers, 1t HIGH premium for bankHblc
funds. There is tn. little desirable paper offer
ing fer discount at thc banks.
Gold IL worth II premium. and silver per
cent. premium for bankable funds While this
al H.. -EA.. IL L
RENTING their bills.
IL relation to currency and the reliability Of
Missouri stocks the Democrat remarks:
: Currency {1llinois aod Wisconsin) is plenty,
but in fair demand. II any quantity Of ii on orc
bank could be ha't, it would be RENTED hon,s
with profit for coin or exchange; bnt it is
troubles me asserting the notes Of t.co hundred
1nfn bauEs- BY the way, we learn that
she Auditor ot illinois. us IN duty buund. will
require owners OF Illinois hanks to deposit
:cr cent. addsiouu! security for their issucs in
Consequence ofrrcen, ceoreciation in the ralue
81 stocks. Six per cent. Un the wBole 5000, 900
ofstcuTi;ies already on deposit, would require
near half mii!ion additional. This will take
Oh some Of those bankers profits. The bette.
way, sud that likely 10 be adopted, would be to
retire that amount Of their circulation, as it is
much too large, and they will bo forced
=. TO-. retire q portion Of il nnyhow, or furnish
the com. which 1key cannot do. Many
of1hese banks arc changing ownership, frols,
those Who started item tv tlose who furnished
= the bonds or tue capitalists. Some Of these
gentlemen, large holders Of Missouri bonds are
making inquiry as TO the perfect safety Of the
invcstment. We can say that this State il
!, sbnndanttg strong with her resources great
~ and her people are not repudators- inter.
est will doubtless be paid 10 July rs it was Jan.
uary 1st. But wha1 may be eventually done
none can teI-if good legislation prevail, all
will he right; desaaEogucs bear ruls, no bet
ter faie may Lc ours than such rule brough,
mississippi! to. Stuse equally able to pay he'
dsbts-
C1sc1xs471.-The Gazettt Of yesterday says
The money na,Est maintains lis improving
features. aad tue movement -to-day indicated /
still better feeling than prevailed yesterday, 81
though tlc,c was strong demand for loana
. but tnis va. f.eefy met 80 far rs the offerings
were satisfactory, aud while the rates of.inteT
est remain at le@'a per cent, q greater pro
norton Of tue BUSINESS il being done at the l1
side figure thkn heretofore. There was no ne"
feature IN the exchange market, except sligil1
II increased package demand. Rates we're vel
sustained.
There was an improvement Of I per cent. it
Western currency Today, consequent upon
decline in The rate Of exrl.auge at ST. Louis ans
Chicago, nnd NC now quote Missouri 9 dis. ant'
Illinois, Wisconsin and Chicago ct dis. Aia.S.
proportion Of the pnper received here is sent II
IT. Louis, 1he orders from Tue interior hayinI
fallen OF materially.
New Yonk.-The money market in New for}
is tending towards greater ease. The *1inaes o
the 25th says:
,le rates for u7oney, while pretty steady Il
ban1 at = cent. arc ttAdiug to increased easf
in the open market, and oa temporary loau IN
supply il liberal vi 6 y cent. Ia some iustan
on select coi!nterat, as low Gs per cent. ! h
demaual for urimA Caprr lrpu outside Icnde'