, 1861-12-24
FINANCIAL AND COMMERCIAL.


MONDAY EVENING, Dec. 23 1851.
INC week opens with more tha1 usua1 dullness,
The threaten character Of the news published
oy us this morning had a chilling effect, and ope-
rators and banks alike seemed determined to
move caut1ouely. The demand for discounts was
not pressing, and What paper was taken WAS Gcru-
t1nfzed TeEJ closely, and morc than ordinary care
IN the k1nd OF coIatetnls was observed. The
ability Of bankers ie much beyond the present
wants OF customers, or their disposition to loan
#erethe paper offered. They are all determined,
ton.
The demand for n. 7. Exchange was comparn-
lively Light. Moat OF the lead1ng banks supplied
customers freely at 4 2 cent. premium outsi-
ders were charged 7s, and this wss the rnse Of
ieW Leading banks and al the bankers. Tho buy
Ing price was pat@hs; come Of the smaller houses
pcrhaps paid 4. The supply Is fully equal to the
demand
Go1D-Thc demand for gold is faflins Of conc.
what. The leading banks charge customers x@
x; the brokers charge 1@1k; though most aalea
to-day atc made at the lower figure,
CANADA BASKs.-From comparison Of the
Bank statement dated the 1ath Inst, with the re-
turn Of last month up TO the 18th utimo itappests
that the circulation has decreased By $e 1a2; the
deposits increased by *s6f s4 the reserve Of coin
has also increased by $al1 03s. The discounts are
less by SIZE 6 The total OF liabilities In all the
banks arc SIS. 1872 1871 this month, against $3o1s
e67 last month, and the total assets 90, 40 9aa
this month. againEt So, ,ass.5 .5s6 last month
CISc1sEAr1.-The Ga=ette of Monday SAYS:
Saturday the money market did not exhibit an{
new 1eaIn1e. The demand for loans continue on
n 1os5 seae saa gqod Paper Was taken freely
1or first tlaes names. The dealings in cxcbaure
FsIe light On both sides, receipts and sales being
s, neioW an average Rates rema1ned at par buying,
ana premium selling. the market closing st tcady
were mostly filed at the latter figure. There vas
not much str In the market.
ST. LoC1s.-The Democrat Of Saturday savs:
But rery small business has been done in the
money market this week and rates close about az
they opened on Monday There was slight Stir
y financial circles over the news from Europe,
~ mi9naaS nd nnc and Il But asF few bad PIED
their shagrin that they ksd Been eold-that % Tar Al
with England was not half IS near az Christmas,
tion more than dollar in MizsoarS n carrenev, @ and
70 70 more than Treasury notes. So the panic bub-
ss sls Collapsed Towards the last Of the week the
demand for gold ceased4 and prices settled down
to old rates to per cent. premium for Mis-
ury notes: Escha1se vas steady, at per cent cent.
pesnln ar 1ae %eeh thFongh but the demand was
The demand for Treasury notes has been brisk
nearly the entire week mostly by pork packers,
who send them into the country in place OF coin.
and tley arc found to answer d much better pur-
pose for circulation than large gold The Mis-
souri, solvent banks have held up their notes ad-
m1rably under all the existing cycums tances which
have recently disturbed the money market.
and confidence In their good intentions has been
greatly strengthened OF late.
aI1LwArKEE.-The Sezti1s, Of Monday sass:
., The changes In the money market last week were
lev aqd un,mport7nt Exchange Was plenty
throughout the week at p cent. premium, but
the demand was less than during the previous
week, and VIC heard Of no Instance in which more
than cent. was paid. Indeed most Of the banks
sold to all applicants at that figure, and hence
there was no chance for the brokers to charge
more. The calls for redemption were hut trifi1g
IN the aggregate. for the reason that there Is
palatively little currency in circulation. Money
to borrow vas exceedingly scarce, owing to the
determination Of the banks to discount only such
paper as they can draw against at maturity to fur
niah exchange The requirements Of the new
banking Law make thia cou1se unavoidable. Our
currency now represents specie. and consequently
the hanks hare to manage their affairs On that
basis.
New York STOCK M&RKET.-Thc following are
the quotations Of the Stock Market today: