, 1860-12-11

AutHa tae 4oHA $t&A& Reya<tT taF9.
meat. by The Banks II neI,hbusing States, il IL
hrin: aboEt steady drain upon the Banks Of Iowa.
which continue t. re4ieea their paper IN specie At
!slnk- out.ir Of the State the brokers have ahun.
ant III i-ar to tu.n their attention to thoee with
II the stare 4 refusal on the part Of branch .f
declared an ac1 ufin,nEveHcy aud thu Bank I. closed
forthwith by the Statu lh,arl. 1t caunot hut he
-"stse 1t peculiar qualification to the people Of Il"
MI. that th1irnwn hanks are able to c1utinus ora
ratirn. n. usual. enjoying the confidence Of a:l
Classes whiis. Hs'tv bare bcwed he fore the haet.
thr only s"uree Of regret is that owing to the de-
l"l fur specie they ART Obliged to contract their
Issues anti Keep very near the ehors.
NlLwArK.E.-Thc .Stutia<! Of this morning sayt:
The rate of exchange established BY thu bank.
h.- lsen merely nominal fur they are not uankiI
a1r. ard brokers foun'l iii difficulty In obtaining
r,nhl spare, -eli: to customers only At the lnhiic
::..Hrc. In fact. the only rtmistancct Df 4nv ae-
cunt lin, a,c being m ,tlt are through the medium
merchants arc sending forward pretty 5reels br The
Detroit and Miiwaake- Eailroa1i. On Saturday
al"re shert wer~ not less thsn $alOCU worth II
lous and pork shipped by that ronfe.
In 1857 both onr business mcu and r4i1rusds
shipped rors mud dour largely to New York IN
make exchange. 1t has been done to aou,e extent
this tcason. hut As yet the markets havo been 70
unsettled that comparatively little ha. bcen dore
/
high. the maxim. OF it by shipments per zailw ay
wifi b. very generally adopted. Merchant. can
make 1t for themselves Instead VI making 10 PER
cent. prrmlum tO the b1nk.-
DETnorr.-Ths FIRE. Prsss of Saturday reports
nnthias Of u.,meut In tie money mssket yeste.-
day. Exchange n firm at the advanced rate, rer
cent. with bur very ltsl. Offering Western money
IL irm At per ccnt. discount which Ill tho hs1k-
e:s arc charging. Instead Of getting better 1t is
Gcttins wortc. as the advanced rats Of discount
shows. Merchants are still receiving It 1t par In
exchange far goods.
Sr. LoC1s.-Thc Democrat Of Saturday sxys:
Money adaiss louk s1ittIs better In soma res.
Cects. yet rather wursc In 0ther- In the matter or
discounts there Is some improvement, several of
the banks buy!n. all the produce bills offered, At
low rates. aud Ill renewing the paper OF such a.
ask should receive such Accommodation. But in
the exchange ant currency Ilar ketE there IL no ln
oa. Inc FSxsTss oat;lds ol the eanaa
u1sr and coufncl tu regular cu.tomers.t the eerg
rate OF eight ou the East l. pretty rsulsr ut per
cent. premium uver bankabfe finds. and 4Dt Der
cent. premium over gold. The bank rate ranrea
frur 1j per cent. II dcpositora, sinckholders and
The like. The demand II In e1cess uf the suuply.
even ut per cent.
new on1EAss.-The crtactuf Of Thuradsy, 9Th.
reports sales nj paper few At hllk per cent. per
month. The monty market is excessively close.
Of exchange ,he Cre<e<at aars:
The general exchange market opened duF, thts
morning. moved along tluggiehly and closed under
dt'unward tendency, The demand over lie
counter for checks on New York vi. Ifcht-the
rate he'4 va 'eGet lt+. Outside double j lraw.
q. .od A. r e. discount: other good bills we're
any any in1niIy psa'tEs a:d seni.les. in general do
stxsE dsy draft will be maturing. and even At sG41
ditenant thsse ar rery few buyers. Sterling lax.
clear bills at 6, which may be deen,~d high quo
tatlon. though nc might quite from 0oG0s, and
document bills At 90&lu. Remittance rates arc
rather higher. Most of the hanks dealing IN r,er-
lag and frame. prefer to order their facds. bush
sterling and 5rnncs. hack in gola We nav expect
the Bank Of Louisiana to be rseeiEtne ere long gold
equivalent TO half = million of dollars from Lon
l,n aud Paris asa quarter Of million nom New
York
n. y. srock BoAHp.-This was hard day On
State stocks Tennessee closed 1t G34; Missouri
os'.. Virgins Il thowiuE. very considerable de-
cline on quotations a week aSo. scvesal Of ,hs
railway shares were better. We refer to our dis
patcacs for passierlars.