, 1860-12-08

THE Cu1uxxax MkxrfRo.-The report Il the
currency uleetia. At BRIAN Hall viii be found IN
smother column. -
MnwApxxz,-Ths sentsn<, Of this morning
says:
There Is nothing new tr4nsptsinE in the money
market; Bnsiness enesslyl Ia very qnIst, and the
0omina1ly at por cent, but ID almost impossible
high.
sr. Lous-Tae Republican Of yesterday has the
following paragraph:
We hare no change to notice in the money mar
cent nremiun. The banks check for to to- aH
sa aa s0 Ss es' IT n5 uaoS s.nk
I'll supply Of time bills which are taken 4 about
chanics Bank, It l. understood. buys good short
bills freely, taxing 50 days at discount Of II per
cent, and 10 daysa to 14.
sns s @ ao eas I'd 1t
4per cent.
CmcrssA1l.-The Gazette Of yesterday reports:
Applicants for accommodations to-day, II not
moe nuE2erous. wcrs more presstngs than hereto
cesierasv. BANKERS arc still aiming TO get as near
10 shore ~ possible, and their movements 10 the
Tny Of discotlusa ase governed chiefly. bJ motives
of rrnedIcucv They do little or nothing, merely
rny Il NAV b. said theY prefer rnprodnctivc mon
Ct to interest bearing notes, The receipts q cur
60 large as Monday and yesterday, balances we're
better at Close New York exchange took an up
ward turn todsy. and Instead Of dropping 70 as
m to i Tor bankers checks. and the buying rates
zauged from x to n prem,un-h the prevailing
figure.
NEW On1EAxs.-Thc Picayun< Of Saturday eays:
The week closes on I depressed market. In the
Ea}rfF 1l1- limo r
snssrsntiy Improved feeling At New York, bui tiis
epccdiiT subsidized ard has stnce been more thHn
coantcfacicd by The eha.acter of the r1Tegn news
opened heavily and continued 70 up TO the close.
Operators were very anxious to hear from New
York, but ~ late ass o'soek no ,aispalenes S had
come TO hand. II the lines Are working, our read
ess will probably ind something n ano.hef CO...
nmn. In the absence however. Of any t91el!leenoe
there WIS { general hesitaney to move. assd G.
ca.nge could only be passed spaF1nsly, and At C.
The Money market offers no acld for comment,
the outside transactions being too few 70 require
. notice. Wo are aware OF an OCCASIONAL LoAn
well secured co1lateEala at s94 q cent = month fur
short periods, bnt this does not constitute mar
q :hs oGsstion' In banS thc appications ars very
prcsktnG, but now discounts are not granted. The
buIE Of the daily payments are renewed either
euni heui3nnrity nj of instanees, to be met in fnii
the week, and prime Sterling sold up to 10lx@1E.
vent was not free. i good deal was offered which
could not be placed at al. We notice IN exrcr-
fIonal aale At 1noss but the drafts were unusHAlly
ktrong. We quote Clear D!lia Q9G1O0, and the iii!
OF La2lng 93G93. First Gase Prnnss were pahEt'h
with difficulty It g. CO. and ths range aow extends
down 10 q Is Some Al SIXTY pays on New York =;
was pedl1ed 1t 4nAH discount. Sight Eas fttlt
furthsr depressed with saleA at 1K@lA and ~ =
cent. dI4counf.
INV Yons--rhs Harl1 of Wednesday reports
rs follows:
Money Oh call il easily obtained at 7 Per cent: :.
and capitalists nnd diticulty In employing the.r
funds in temporary 1oana. First-class tndo:red
notes sell u II per cent. and aa1es Of good e
notss have been made IT 1eperc cent. There Is vrrs
discSnntiag iberally for their resular customere.
Tho business community arc not prcescd for ..o-
ucT to ueet eugagcncuta hut. a. usual, during NJ,
unsett,ed state of atfairs demand discounts III nd
vance Of their wants, to fortify themselves agaiats
possible contingencies, The working of ttc n;ss
Of New York IL go satisfactory that they hare de-
tcrmined al meeting hs!a yesterday, TO tncTca1 &c
their loams BY additional ts 900 600. The rcsou
y tfons passed, thuY far, au&herdza total exlx1.
$io.ooaeoo: and it il aleo the opinion d
experienced financial authorities that tho work
ing or this syetesn will psoya such success as tu
encourage similar nearurca In the other ctties Vi
the Uuicu. and lead to rpeedy resumption ol
specie payments in tbs other States. 1t y impos
slbfe for business to resume fta ordinary chanlelf
acd confidence to be thoroughly rastared until The
on,cstic cxchauges are reduced 10 ordinary specie
rates. KemittAnces from All parts Of the COUNT J
4fe eruba1raxsed at pfescnt to q very serious tx
that aud tne hanks everywhere are ntaly in;sf +,
eyii; Buspeasion af specie payments By the bank.
IL fhe causc ot these hish rater Of exchange ant
the sooner that Cause Ia removed tho better II vii