, 1862-05-07
FINANCIAL AND COMMERCIAL,


TUESDAY EVENING, MAY g. 1872
hanEefs report 1nther more demand for money
but the supply is still largely in excess. soma ~
them complain that notes ars being ranfd1v n.55
with comparatively few opportunities to re}nyp #
customers do not seem to need money. and anna
OF the banks are becoming very restiYe under tho
elnggiHhnets Of their interest account. If don't
roll up to satt them. and though this be true thcr,
Is the consolation that they are abundanty able to
stand it. N"-7 -
From present prospects u large aunount Of capi.
r -" 10 hn'ee'ea IN buildings during the next
ioar months. Good dwellings are In der,.pd a.
Increased RENTALS and capitalists ARA .nsf,, 80.
ing their attention to the Improvement Of theI-
real property. An architect told Us dsy or tor
einee, that there WAS more bui ding now in pran..
ration, or In progress, than was completed during
all last year. This IL sign OF protperity and
progress the character Of which cannot he mist,.
kea.
n. T. exchange Is steady at the stereotyped
rates, Viz: par OK buying and 4 per cent pre-
MUM as the selling rate. The market Is a ahade
easier than It WAS week ago.
Gold is d1m. but sales continue limited. nrha
buying price is s2x@a per cent. premium; selling
sA@aH The tendency Ia to the upper figure
MnwAuKEE.-The Sentinel Of this morpsno
aays:
The banks yesterday reported currency becou,-
5ng uneomfoftably cloee, and exchange easier easier.
NE make no change in our quotations:
Buying Selling,
S1se,S Esw York Exchange. ,X@x prem. ,X@x prem.
Treasury Notes. i Cox
TIE sETEa AND THBEE-TENrH BosDs,-The
salue Of these bonds keeps pace with the apprect-
ataon oi coin. sub-Treasr-er Cisco recently nego-
tated the exchange Of 81! 1000 Of $40 notes for
$1ooo,oo0 Of gold, tho IT, ..at upon the notes to
% paid up to date byt;. isanks making the ex-
change.
e7. LoU1s--The Democrat Of thfs mornfno
says--
The money market opened quiet this nornipo
and "a ca remain unchanged 81 they apnear nnnt.
ed in our last. Exchange il aoondsnt sud seli-
notes Of the old Issue are tcsrce, and WORTH
1gH cent premium The new issue are more
a;rcnsto out @ not ot convenient size for general
e. continues and the highest prices are paid for
ehechs and vouchers There ie also some demand
Gold il drug in the market. and no amonnt ~
htereetod pni1fnP can force II upon ,he people A.
f p1eeent ; y Mneesssary dn.9eia1 agent. tbs l.
CONDITION of things which no one foresaw eight
menthe ago; but We must aecept facts, however
mneh m shsy m.y run aezs'ss oar previous notions.
re admit that ne were wholly ineeedulous a. to
the success OF purely paper system: but it is
now working 20 well in Its new national charae-
Yer. that our faith in the financial divinity Of eold
is materially shaken.
new YoRE-The Eneajng R1st Of Saturday
tays:
It Affords great satisfaction AFTER the tttals of
the past year to again quote United States ei1es
at par. that price haYlng been paid for large
at 1t1A, and all the iasnes Of the Government az
hibit corresponding improvement The egor-
Elves Of 1874. which wern offered ut 90 yesterday.
are now wanted q. s.
It IL worthy Of note that ~ soon Al tho price OF
government sixes touched par on the call this
morning, three roustng cheers were given By the
Bard OF Brokers, ~ hearty three perhaps. "a were
ever heard In the stock market, Nor Is the epthu-
starm confined to the Exchange. for No hear enn-
grAtufat1ona On theevent throughout Wall etreet
Ine Tm Treasury y.notes are also Il per cent.
a1ghsf. sailing q 1o7k31o4T. The 8 per csas.
II par cent.
The railroad bonds show large advance, IN