, 1861-06-20
MONETARY,

WEDNESDAY EYKNIHo. juno ~, 1861.
Everything il moving along smoothly: but the
current Is decidedly elow-perhapB sluggish would
DO tho moro appropriate word. Tho largest money
business Of the city Is now engaged In retiring |
Ill1uois currency, and that Is going forward rap:
idly. It has about disappeared from circulation, /
ard It's place is tupplied by perfect medley OF |
Eastern and other bills. How they get hcre in 80
large supply Il m interesting question. All sorts
OF schemes are Eesortcd to, juEt now, to get them
Into the pockets Of the people, come Of them legit
innate and wire, and possibly some Of them are |
otherwise. Agents and friends Of tho banks h.ve
invested the bills in exchange Oh New York, sim-
ply to tcet the length Of time they would remain
in circulation or course II the bills went directly
home the means to redeem them would be provi-
ded. Money has been loaned for circulation; In
vested in produce, and scores Of expedients have
been adopted By which pretty good supply Of
good currency has been put In circulation. Gold
is moro abundant, but It does not appear to be
sought after ss an1iously as 1t Was ten days ago.
On the Board Of Trade to-day New York e1-
change sold at about K0x . cent premium for
currency. Tho Bank rates are at the same OK
q cent. above those Of the Board Of Trade. They
arc doing very little.
GREEEi4sAT & 6FRK.-Attcntion Is directed to
tho advertisement Of Mebsrs. Greenleaf l. Sphinx,
Bankers, IN another column Mr.. Sphinx is well
Known to our entire business community, having
been for long time Assistant Cashier Of the
Marine Bank, and lately Of B. F. Carver & Co.
The eenior member Of the firm Is, We believe, at
the head OF one OF the largest New York houses.
The house starts under the most favorable aus
piccs. Office corner Of Lake and LssaIle streets,
under the Marine Bank.
Er Jnr-rs-HTreor7nr JErFnFH4 n We take
the follow ing from the St. Louis Democrat Of this
morning.
There Is nothing new IN the money market to-
>dAy, and the general dullness Was depleted on eE
ery bankers countenance; Exchange was nomi-
but bankers are not anxious to eel On those terms
even. Gold is held at II TO Is per cent. pre-
nlum. but not in demand, OF 4 at least not SO much
to get used to. the new order Of things. The
and Il the people viii tdofr their mad caps and act
| upon the Generals suggestion ITO: cooperate
with bin II restoring peace = and g good order, aud
| ment," I'VE could ,eoon hare better times1a no.
In the general confusion and excitement over nil
s9 e. hinS
of jnly. 81 We a5s inclined 70 re belief that AZ
feet again as Soon as posaible when its credit will
Do W. HIet - easng loohEa a.ess "1 now nase,
can have a decided Enforcement on the old one.
sSehnne 1re NAV never hsye annther So la "a tx
banks are concerned, they seem to be lying in thc
fhade-a hne position this hot weather. But little
is to be hoped from thom. however, for treason
and wildcat banking are congcnia1 spirits. Men
faces Of an outraged public sentiment, will not
al Il 70 1 E ea 1ne asms q Il e
on their peopie-robbine banking But We a1e glad
Of one thing and that Is, that the accureed bank
" d ~ an4, aa * ~ pate' WI 1o
| tolerate another bank fn the State. From ali
parts Of the country, in Illinois, Iowa, and this
;,h ,bn s,tSonni hanl ~ ~ T. ~
| dcmntfon.
OF cou,se our readers will treat Missouri curren
rv Az n1inoia ustumntai].,, Indeed T1,inof. cnr
rency Ia the eafer Of the two. "Stand from
Underp'
MnwAuKEE.-Thc Sentinel OF this morning
eays:
Tro or tbrco nj ,nos+ had Init ,,t+,e +o ueu an;
| i"o VI GIe9 ~ !HuSt nau pqs ntue u seli, aae
% sga i+ pae s,.e @ ~ hs @ tt os Any
Gouy etee oat re have 5ae 6ess autaorty ,os say
ne csy supplied their deposltors freely at the cur
houses alone sold their regular mercantile custom
| era no LEES lnan tWent5.1ouf lnousand DOLLARS
worth Of exchange at that ngure, during bnsines'
houss To-Day. we nave the privilege g referring
any Y1ocfeoolous cfoakef 10 thc oooEs q tne estao
a nd d % not to oTese IND q m
purchasers.
e4IE8A q tH1cAso UNION hAnHoAo'-inc III
fectors OF the Galena q chicago Union were
eeetion to-day and resolved to pass their usua
July dividend. 1t is understood that they have
money enough to make one; but havinga eonsid
cradle amount Of bonded Indebtedness falling due
they he1snt II 1ss: to fsssrs @
|. market al that time anu rene" the bonds "he'
fhey laA que 1hey nave aiso some Ss0oo7 OF IL
tereft failing due IN August, the money to pa
| which has been Bet apart by the Board. Thoug
this couree nav mt n]easa the stock.fnhhers n
vi, 1900 :. .n,,1 ;. srassaa -. -s.,,t a..
"@A e'1ee1' !" "ni oe appfoseo W p1ooeat JUS
e,,r..-,-.n, ro,o,. mr. ,a,7o-u, ,,o,, .,,o ,,..
s etsetssA1t.-" 4uoie ~ io1o"s a1o1a tao toH
Wien bankers get such pauer az thev are yillin
| IN ifsronnf thew charre the nd r,tes 3 IN - ~
1esa.ded viii any @ consderation al at al, % Ths e T.
!, voEed borrowers are mostly amongst the grocer
orT 4; ~ oae claa;t;on ~ .hncs t., TIN
change Market though balances with some Of tn
| dealers are running down. Eety few returns c
our par currency arc made, as the current trad
aao return q 1spreGaea pe ~ nonsy n1s r. 1dtnasne
We report the same agufes that were given q wea
neo:
BUT1E0. 6ELn1Sl
| New iolE eight. .-.-..-..4 prem. H pfeU
NEW Yoak BAxks.-The following is q syno,
sis of last weeks figures:
!. June 10, '6l. June Ii, '81 June 8, 81
Loans......... .l25 999997 lis 1914 SCI III 5099 9i
Specie . M110,b59 $82s0.221 Sc. .637s0;