, 1861-12-17
FINANCIAL AND COMMERCIAL.
MONETARY.

MONDAY EVENING, Dec. IL, 1851.
Chicago has to-day had fere.1eh money market
The foreign ncBs, published by ua this morning,
VAS well calculated to produce such an effect. |
Money, ii times Of public danger, is the most |
sensitiye Of ali things, and this fart was fully
excEnplifed here to-day. Coin was largely in
demand in the morning, and we heard Of q nun
her OF heavy depositors who converted their J
funds into specie, while others kept quietly at |
their business as heretofore. Some Of the banks
refused a11 discounts, while others. with more !
nerve, did more than their usual share Of paper.
In tho afternoon, there Has more quiet feeling,
and, under the certainty that there could be no
immediate trouble, business began to Assume a
more settled and hopeful tone. While consfdera- |
bic auziety vas etM expressed BY many, towards
the close the market had returned to nearly its
former etntus. Ent1 the news by the next steam
is received and discussed. commercial aud fnan
cial circles will move with more caution By that
time John Bull will have had time to digest his
beef and pudding, and many believe he will have
attained more calm, IL not O more ami2ble
mood. VIC shal1 see.
The leading banks still supplied their customers,
to-day, with New York exchange at n per cent.
premium. Outsiders generally had to pay 1S above,
owing, probably, to the threatening character Of
the foreign news, or greater Etringency, and,
perhaps, to both causes. Tie buying price was
parD1z. The higher figure was generally only
conceded to best customers.
Gold vas more active Some of the larger banks
sold to customers at 7<; but s:9ss were the rnny
tguree. For small parcels per cent. was charged.
Though the demand was mich more active, the
supply was still abundant. Probably the West
never had SO large supply Of gold as it has now
CANADA 3iosET.-The foreign news created
good deal Of anxiety In relation to Canada money.
II wc to hare trouble with England it ts plain
| that the more Canada money We hare Oh hand the
! worse We are off, The feeling did not extend, so
| far us VIC know, to the issuca Of the Bank Of
Montreal; but everybody Was anxious to get rid
| OF the bills Of the miscellaneous canada bauke,
| whose circulation we hase long since advised
should be stopped. War, under any circumstances,
| with England cannot commence for some weeks to
come, and the sooner the Stuff il sent home the
better. It Was taken reluctantly to-day by most
houses, and we should not be surprised to see it
voted stump-tail. at any time. Let 1t be tabooea
at once.
TEE CRY ORDERED 70 PAy.-A case involving
claim Of 81 COO was decided yesterday against
the city by his Honor, Judge Aanierre. The
Judge granted mandarnus against ordering the
city officers to issue bonds for tie amount of the
inward made By the Claim Commissioners some
time since. The same principles apply to other
claims, footing up to a large amount Of money.
An ahstract OF the Judges opinion may be found
In another column.
NEW YoRK BASK STATEaESr.-Decrcaae in
n t5s5 aes T. a.
tosits 81 - $50 81 eS'''''' oe'1ease III IT.
ST. Lou1s.LThe Democrat of the 10th says. the
rates OF exchange and gold have remained
substantially uniform, except the slight advance
| In gold On Tuesday and Wednesday, which, how,
ever, was not maintained, and the market closed
today steady at the prices Of the opening on Mon
| 5A for gold in Missouri current money. Under
| ~ the. circumstances, our solvent banks have
done admirably well recently. In holding up their
own paper to so near par amidst 20 many tempta.
tiens under the influence Of specie suspension. to
| advance the rates Of exchange from mere motives