, 1861-07-20

MEaERe. ED11Ohs: am merchant and have
tie Or w. About our naneia nanta
saya an Old pro7erb: These I'D proverbs are most
ssptefs and oo~ i 1her pr pseeeP @e
shonld have no trouble. no bankruptcies, and no
beggars, and but few old maids and 10 old pachel-
ors. Would that not be a blessed thing.
Now Il the Trust Company had common eense
enough to pu. tie notes fthe he STATE hASk oF IoWA
VIZ Re Pss sasea 9fe e
r. 6ssR e55s f ~ 5saksES
pF es is @ and dont htnR Il bsst to gr9n 9ns
blas without cause, Then again, I think
almost entirely dl1ed with five, ten, twenty, afty
and one hundred dollar UNITED STATES TREAsuRr
Eo1Es. better great deal than those Of the Unted
4 StGtes Z 5ank m ever ever was; and won't 1t be grand
flearn with great pleasure that through arrange
gts9 nents pa made by most Of he Branches Of the
their notes are to be kept on PAR III this
city, with the notes Of Ohio and Indiana. hear
that arrangements are In progress with an eminent
nofs upon the same footing before the LIST Of Au-
guet and trust some at least Of the banks OF Wis
consin and Canada will do the same thing. I
strange sights in my time. I have seen
on hte, but 1don't believe hat any one bank here
Of the State Bank Of Iowa from being at par here
with other good bullion bank notes, Or shave much
Of their paper at per cent discount, long all
the gold man could casry can be bought IN this
city at from Il to per cent premium. heard it
haacking on the sidewalks Of Water street ycster-
day at threequarters. MERCHANT.
The above communication from " Merchant Is
ye1y similar to one published few days ago,
complaining Of the treatment which the bills Of
the State Bank OF Iowa received from a certain
Banking house In this city. We have allowed our
quaint correspondent to express himself pretty
freely; but what be or anybody else can say will
have very little influence. All the banks Of. tho
city, with small exception, continue to sell e1-
change for the notes OF tie State Bank Of Iowa at
cent. premium. This policy will cause the
customers Of that bank some little inconvenience;
but no one bank can for any length Of time shave
the bills Of the State Bank Of Iowa q cent. If
they are really worth that much more. heresult
will be that the bank attempting the shave will
get none Of the bills, and there will be the end OF
the matter. For the present certainly enough has
now been said On this subject. Our business pub
lie baye, and we believe justly, entire confidence
in the eoundness OF the State Bank Of Iowa. But
Its bills, like those Of all other banks, should be
deposited only fef what they are worth here in;
coin. We repent for the hundredth time, let ev-
erJbody insist On coin basis In all the business
transactions Of the city.
MINIATURES. The Sentinel Of this morning
EExchsnpe ras rather 7veak a. IN =, .o,. .,o.+u-
day, bankers, brokers' and spectators &c tors sellinr
treely at that figure; Buying rates varied from
91on premium. m aa1i u ooaa mas plenty ana holders
ah1aoas a 10 sell at tne same premium paid for ez-
sT. .Loo1s.-Mtssour1 Is rapidly Verging to the
condition Of Illinois In regard to currency The
a. ronf. ne,naernt ~ +a,s morntnu s.va
oI1 n,e a.,s,. - ~ zl -. a.. ~
day, ahd e1eh8nEe Faa nominally at 2 to per
IL II Sa5 Hso w ne.o a. 70 pes ceai.' IT.
tru,t Of Missouri money IL the countrY. aud our
EXCHANGES come to Us teeming with maledleti ons
deep and saad upon the irTedeemable stump tau =
We rather enjoy the sport, anl Of coufsc say amen
to the prayer that would consgh the oanks 70 that
CISEIENATTI.--WE quote A8 folGT& 1fQn Tue
t4o,s,,-or +h5a ,,o-.1nr.