, 1862-05-06

The general business of the city shows no
marked change since last weeks reports Money
continues abundant, and the large payments now |
being made BY the Government in demand notes, I
are making it more 60. ClGimB to very consider
able amount baYe been paid here by Mr. Collector
Haven, within the last few days, and it viii not be
long before Government creditors win have their
money. very large per centoge OF 1t finds it's
WY INTO the banka, adding of course to the pie
thola OF which for weeks past they have been
complaining. The demand has, however, incre3s-
ed very perceptib1y within the psst few days, and
when the grain, paid for last winter has all gone
forward, bankers will hare more opportunities for
using their funds.
This mornings war news seems to have had
most exciting effect upon all kinds OF SECURITIES In
the New York market. Railway stocks generally
advanced from 11912 = cent. Government $40
bonds went to az premium, aud illinois war bonds
sold at &C. 4 week or two $50 the rate WAS IS,
giving 9 very handsome advance to fortunate
holders. Gold WIS 34 premium.
There WAS Of course very buoyant feeling here,
but the only advance was in gold. Very little Was
done in the morning, and comparatively the actual
sales for The day were net considerable, but On
receipt Of the news from New York, the buying
price went up to ~ @3 per cent; selling 34G3H.
| The market closed very firm.
! The rfEe in gold makes the circular Of State
Treasurer Bntler. that taxes can be paid only IN
| gold the more oneruus. The public are very res
tive under It, and it is hoped an reed case will st
| once be brought before the Supreme Court, from
| which under the Laws Of Congress mandamus
would doubtless at once Issue to take Demand
Q. S. Treasury Notes. Knowing In the discharge
of his duties only the laws Of the State it 1s diff
cult to zee how the State Treasurer conld act 9TH
| erwiee, but he would probably be glad to be re-
lieved BY iudicin1 authority from the unpleasant
position in which he is placed. II the mode sug-
geeted will furnish solution to the case, it Is to
be hoped that it will receive prompt attention by
| the State officers.
New York Exchange is gradually wor1dtg easier,
! though prices are eti11 unchanged. The buying
range is pas@36; selling u.
MAuA1wE BASK-The bills Of this bank, If we
mistake nor are based entirely upon U. S. Stocks.
The securities are now ample, F. Granger Adams,
Esq, No. A Clark street, redeems them and in al
respects treats them as 9th er currency.
MuwauKEE-The Sentinel Ct this morning
seys;
The banks we're all doing liberal amount oi
business on Saturday, and with come Of them the
supply of currency was reduced pretty low: ES'
change was quiet and steady. With rsther down
wald tendency. But for the fact that good sha1e
Of our present shipments hare been anticipated
aad pose6y M sdsance god
| New York has nsde it fr1ner here, but the de
.. mand is very Light. We quote:
New York Exchange bsyfa9' we prem ssn3S; Prem
SPesx Tfessu1y Eotss k@x Il
ST. Lor1s-The Democrat Of this morning ha
, the following:
The most noticeable feature Of the market 70
the Bank OF st. Lonfs. This was effected on tn
1st OF this month and its notes are now receive,
he new Issue, thonsh they are re- misty r 81 te
J large denomination fof general circaation. II
! eu1rency, but the new are received and paid ont b
- the banka and bankers the same as local c0rreu
IL funds. Gold h.a not been In demand for so1n
y er for the Last week. The abundance OF coin
the country unemployed, however, makes oa
showing II fsyoT of material rise, md and holder:
in thrusting It upop the market, OF the Attenuo
Of the people, az long as they are 20 well sattsde
IN with currency Of the country based upon Govern
:" ment credit.
T. CRcmNATI-The Gassttt Of this morning sayf
ne Compared with the supply Of capttal. the d
Ii 1uand for loans Is elugEish, and there probab1
he s'p ms ds 0nsE IN hea
ments on Government account. for some daJ
past, aed to The general abundanse. Good paper
of time money can be borrowed where the securitl*
70 are nndoubted, at s@s per cent .o.,a,
ed getting all they want, over The counter. at pa
nd and selling at premium. Gold sold az s4 prem P
hut later in the day it was held at ~ The
ia no city. demand for It, and but for the pu
chaees made By country banks, which are 1aya5 !
et it BY. it would have to be shipped to New orr
0e' There, the business In it is pnrey specnatve,
ers nearly One dealer has IS, e00 0oo sod tor
a. ture delivery, and this ie b1t sample q nc
cra1ions- Consequently the bulls and bears :
diving away at gold, just as If it was fancy St g
The bnying rate in our market has sdTanced toll
GJ1A prem. We quote:
BUYING. sELLE'
on New par X pref
Ter Gold. ......- ....1xN1z prem. 2AG92H PEE
Il