, 1861-08-21
NEW 1UHh GTUCh MAFkET.-THE 10U1W1hg HTe
the quotations Of today's New York stock market:

IEet 0V61A 44A EtEQ4A DDlfu EttA2{.
ST. LOUIS MoNEY MARKEr.-The Democrat of
this morning quotes exchange At 7DTh per cent.
premium for Missouri money, and gold at sper
ceRt. premium
NEW YoRK MONEY MARKET.-The World Of yes.
te1da, thus reviews the market:
The week closes On the same general features u |
the money market. capital in excess and de1nand |
limited, accompanied with desire On the part Of |
capitalists and operators to wait the action Of the
on call at four to five per cent. end considerable
s1Ins are loaned at there and three aud one half
per CENT first class business paper is ecsrce and,
when maturing within four months, IS been DIS |
counted at five to seven per cent; longer dates
quoted at seven to nine pGr cent
FoRE1GN ExcHANaE,-In New York foreign ex-
change is dull and the tendency Ia downward.
Bankers are ceiling very little to importers, ard
the decrease in imports is likely to continue doing
the entire season. Sterling bills are quoted at
1G7@1074 for bankerssixty days bills; premium
commercial bills, 1063f@107, and other bills, 1o56
D106
THE EFTEcr OF THE GoYERE4Exr LOAN on
TRADE.-The N. 7. N0r26 Of yesterday contains
the following:
There is some discussion az to the effect on
ment borroWa the unemployed Or idle capital Of
the country to the extent Of s1ooo,ooo pr day,
chase Of American labor, manufactures and agri-
cn1tu1ai PRODUCTS, thereby ceating cash trade to
the e1:ent Of $365 coo ool per annum. equal to our
Immediately b. Governuent. nds Il, way | baeK pd to
ths banks, and no more specie il required than the
ordinary clearing house Percentage Of about five
the banks to fulfil their contracts with the Gov
eInment, comparison Of the clearinghouse
| last yeat, answers that question. Last year the
exchanges were $s,oo0,o Goo per day more than at
aa1
lie peope SO the extent of 8ss5 ooo 600 per anna.
IL apes
arc more than enqngh to effect al1 that government
| ever SO ,g00, 600, and the weekly bank average
win probably chow between $4s, ,6oo Ooo and s55,-
10000 in specie. The bustress Of the country
| will be stimulated powerfully by government dis
| buTeeMents.
TnEAsUET NOTES.-The money article Of the
New York Times, Of the 18th inst, saYs:-
The IrS as1ry Department will immediat aly be-
sTATEs NoTEs Of Of tie cor eon7eaisGt densminations N
specie on presentation It tie bsanch Offices Of ths
note. We hare already seen the specimen sheets
Of the notea made payable at the office oi
the cloe Of the present week; taking the place
of small gold coin at al point. of Government
eausly valuable, a. medium Of exchange on the
great cities, and even preferable to gold. We be-
large circu1aLion Of these notes. Their redemp.
ZION In specie will be amply provided for at the
given points OF payment, and the proportion which
may be foated-in other words, withheld as CIR
cu;eting medium from immediate presentation
viii be left seStfrely to the degrae Of popularity
they may attain through the country. The whole
issue authorized By the Loan act is s50. oN.
How1, OF WE'D CAT.-We are in 1scaipt Of the
following
1ou are very nice .nd exquisite in insisting
; that no paper money shall circulate that il
not worth 100 cts On the dollar Pray tell us wha.
is your standard: Is it golds II 80, cry down
= silver (Which ia at a discount In New York;
equally with paper which can be converted at bet
ter rates! AfH't you making asses Of yourselves
and don't ycu think the pubic will clsan you oui
after while Don't you think you have Induced
e | the public to lose enough already
or course you wont publish this; but the pubEc
? whom you have helped to sw1ndle, haye an nc