, 1861-10-10

MnwArKEE.--Thc following is from the Stat:nsz
Of this morning:
Money matters were unchanged yesterday, and
business 1t the banks more quiet than usual.
owing to the dullness in the produce market and
e,pluratively light shipments. We quote ex-
Change plenty at per cent. premium Ut the
banks and k07s per cent. outside. Buying rates
preu11um fo1 Wisconsin currency, Currency is
close, all the resources OF our hanks being taxed
to meet the demands Of wheat operators.
MONEY MAT1EEs.-The World Of Tuesdsy, Oct,
sth. says:
The week cpens with Increased activity in money
Conviction that TIC worst Of the late commercial
crisis has passed away, and that tho immense Gov
eIhment expenditure and exports Of produce to
amcag al classes. Money Is easy st i've 10 six
per cent The foreign exchange market has not
Jet opened for Wednesday, but rates have down
dry sterling Bills are 1o7 to 1o75@. ~ ~>''
NATIONAL LoAE:-ME: ke.chum had received
fHnese5pt5e2 foE 59 9oo to sat9E4ay essq5ag
man, $1,000 It lie suG:freasusy @ % lie amoant 81 1
preceding five deys Of s11Gi COO.
~ The apprehen.ions ct the most cautious and
dstsusttul az to The ability OF our banks to assume
the whole loed Of Government finances, are now
happily removed BY the steady movement in spe-
Gle, ,srd the cottiEued receipt Of subscriptions
from the people The Treasury notes are loan,
it is true, but they ESQ IN active available as
set for banking purposes, second only to spacic.
They are so eoof1deIed BY the Bank Of Eaglapd.
the same head Of asscts. The whole capital Of the
Bank Of Ens!and-about SO NOo, coo the same
amount as that Of the New York banks-is always
kept permanently invested in British Government
a.bt which pays about three Per cent, 1lt is eG-
,nectcd to pay the principal As the po.icg Of our
Government spends the proceeds Of the loans in
specie continues undiminiahed, and the New York K
banks, with foreign e2changes at the present qao
tations, esn incur no greater risk Of loss cbar
basement to themselves or the business conmnni
ty by holding, at all timee, SO COZ Geo OF Treasury
| notes than the Bank OF England does The CON.
mcrCial leans have decreased SIS 900 900 since An
gust 10, aid a:e now about SOL UO0, COO, and the
net deposits for the samc, $S2,U00, ,019.
CINCINNATI Gazette says:-
Since the date OF our laat weekly review there
has been marked improvement in the N 3ney
moved by the disbursement Of large smouut d
demand Treasury notes, which have now becomt
an Important part of the circulating medium
heleaboot The bankers treat them as other pal
currency sid the people OF courac follow the e3
EDrle OF our financial managers. The notes, how
ever, circulate without forcing They ero regard
and wbile exchange keeps down within lis pres
Throughout iht WEI Should Sse1si advanee
where they redeeMabe in coin; brt ofthi= these
TTIssFq1y To notes 9hio state Bank q Indiana
sources, our market as already iniimated, is noa
I abundantly supplied with currency, and goeG
paper is discounted to the fa, extent Of the offer
lnEEs at 19912 per cent. Fipsncial affairs gene
rnl]y exhibit a healthy appearance, and matter:
| arc progressing smoothly.
1 The sales Of exchange for three days paat havt
| previously weak, has worked stronger, cIo5in.
| firm at par buying and e premium selling, Will
| however no upward t: ndsncy. The feminine me1
having moeuy Supplied themselves with gold, th:
! retail de1nsnd has falleu of, and thei msrke
| il now Inactive. The bankers met the demand
freely, making Profit Of about = at the expene
a.. vii Be realized. Its an ii wiad." &c, IL,
following are the quotation for exchange and coin
Buying. Selling
SeT York par. zprc1
Gold--..........H prem. Il prem
! ST; Lou1s--The Republican says:-
| ~ All |: quiet about the Union Bank, and bus1ues!
| all the other banks in the city. Those pay on
| and receive, as heretofore. mutually the notea 0
the several banks There are no new-and, 80 fa,
| this distrust Of our currency. As We have
| repeatedly said, the baaks are more sol
yyent than ;. the community; and the proapsc
| Of the country. Judging from the published re-
lurEs Of Ill Of them, that every dollar Of their cir
| cHiation will be redeemed. There is no more
ground than heretofore fur p:nic on the subject
There il. NC believe, less; because ne are eatls
fed the banks are gradually reducing their o5l'ga
| tons and Strengthening themselves.
The rate Of exchange today was to pEemi
| um, snd this groundlesa alarm may account iul
! the advance
The two principal saving institutions receive
| all baukablc funds but the Farmers and Unions
| Issues
| FA1LrrE AT GRAND RAr1ps Daniel Bail s Co.
Of Grand Rapids, failed on Saturday morning 1ast
A full statement of their assets and liabilities vii
| BE- presented to the public at an early date: Th*
circulation of their paper titEt, aud secured fol