, 1861-05-10

TAuh4DAx EVENING, May 3, 1851.
f. The money 1n2rkst to-day shows searesty my
paroeptible change. Exchange remains close, do.
cidedly 70. Some Of tho bankers tell vs1y spasing-
IL to customers At 10 pes CENT while others do not
| sell at any prtre. Tne rtsson given La that the
prices ontside IL 80 much h,gher thsn bsnk rates
that they cannot rnaks any thing. They have de-
tefmtnea % sell what they can make at 1o being
willing, for the time being, topsy that price. On
the other band, customers begin to com"u com..u DIT.
tery Of unfair tres..s-nt They nay their deposits
Ete lying In bank and they can get no exchange at
| any price. Some Of the banks report rather more
ease, while Others feel no change for the better.
Outside the banks sales are reported 3@3 per cent
above the current bank rates. This ts certainly a
very untenable position. The inevitable laws OF
| trade WILL in eome way, force tho rate& Of ex-
| change nearer to an equilibrium.
In Milwaukee tbs prizes Of exchange for Wiseon-
sin money-very little Of 1t is IN fact any better
than ours-is steadily declining. The ssntinez Of
| this morning says:
:ttTbere has been no material change in the mon
~ market since yesterday. The rates of exchange
downward, bat buyers found little difficulty IN
supplying themselves at per cent on the street,
The current selling rate at the bank with one ex-
ception. was 7per cent. The Farmers & Millers'
Bank sold to customers at 61<c Produce drafts
were taken at per cent by the banks IRON custo.
meEs; but, as the case yesterday, the buk Of this
our leading merchants are making their own ex-
change by shipping -four. The denaHnd fur money
Is not very brisk, though steadily improving. IN
Wisconsin 50, Illinois 40''
Tbs general business Of the city must he 1ua-
proving rapidly. We have seldom, ever seen
our streets more active. The people may not be
operating largely; but they do certainly very
1ntent on doing something. Every mans step is
rapid, and countenance rigid, and on he goes, as
1mpel1ed by some dire necessity. Let this state
Of things continue and currency questions will
soon be lostin a definite purpose az to what ought
to be done and then the business public will do It.
This unsettled exchange market cannot last many
days, In some way q solution must and will be
reached.
SANFORD CMe.) BANK.-A dispatch from Boston
this afternoon to T. Granger Adams, Esq reports
that the Sanford Bank {Me) has been thrown out.
In such timer these are precisely the kind Of east
ern banks whose circul .tion would be earnestly
pressed at the Vest. This game has been repeat
edly played within the last ten years, and peo
ple have suffered immensely by this kind Of East
ern currency. It might be worth while to enquire
how much Of the zeal against "s,ump tail'' is
Inspired by good credit II not direct interest In
some Eastern wildcat" :
ST. LouIs.-Tha Democrat Of yesterday says:
The money market WIS very quiet today, and
there was no demand for exchange. The selling
rhtes DO not vary much from yesIerdaY's REPORT
NeW YORK 10 to II per cent prem, New Orleans 5
to per cent. Currency is becoming vesy scarce,
and in better request. Illinois ard Wisconsin
credited ta held one per cent below Missouri hut
IN reality 1t ls the best. But bankers have to
give our own the preference. Eastern balances
must ba met at great sacrifice while exchange re-
mains 80 nigh but as Jet we have heard Of no dia
that account.
MISSOURI MTEREsT.-ft seems thst the runners
noticed some weeks since that Missouri would
praRbly not pay the July interest on her bonds
are likely to prove true. The Missouri Democrat
Of yesterday says
We now havs very authentic assurance from jet.
1erfon City that the July interest on the State
debt will not be met. Some OF our cotsmporaries
the interest wonld not be paid; hut ne were salts.
hed Of how t-1ngs were Armed neutrality to In
trotuce Receeston ia now the programme, and
money must be had to carry 1t out Interest on
state debts, apd any other legal and sacred obliga.
tion, are no impednaents to the schemes Of seces,
sion Stste officers. Next thi r is repudatiou and
that cannot be delayed.
sTooKs.-Stocks are considerably lower. The
dispatches this afternoon to Sa1tonthall & Co. No,
"a Clark street, give the following as the closing
rates; NY CnA; Galena 80; Rock Ialand a7H;
Burlington & Quincy IS; III Central s1k; Ten
nessees d; Missonrias as4 v1sgalnias 40. Tho
decline since yesterday on M1ssourts and Tennes-
sees Ia 1Rc, and YirginIas x.
sT. LOUIS, A1roN AND CHICAGO RAILROAD Co
The following is statement Of the earnings Of
this road for the week ending Nay III;