, 1862-05-03
FINANCIAL AND COMMERCIAL


The ranked feature for the day In the money
market is the advance In gold. It WAS caused by
an advance In New York, due 10 doubt to the op-
e1ations OF the stock. k.johbers. The demand here
for real busdness purposes, not affected in any
way By the change. Rates were very firm at 1AGD
2pe. cent. buying, and 2A12H premium as tae
ceiling figures, Operators were rather cautious in
purchases, and We heard Of 10 large eale6 at the
upper figures.
New York exchange is firm, the demand just
now hetpg fully equal to the supply. The broker,
and perhaps meet Of the banks pay about Il Pre-
MUM, while those whose business affords them
exchange will scarcely pay above par- The selling
price Is as for months previous, X per cent. pre-
nIUm,
The general condition OF the market is unchaug-
cd. Money is very abundant. and the tendency is
to greater eaee- Some houses report tncreasfng
activity aad Eery desirable increase in the de-
nand for money but it is still far below the
supply.
ANOTHER NEW BASE1SG HorsE The card Of
Il. noulittle, Esq. banker, No 20 Clark street,
will be found ID another column. II Is understood
that he will represent the interests here Of two
| The hcat banks in Central New York. A residence
Of several years In this city, ample caYital.
acquaintance With our lending business men, large
experience banker. aud prudent conservative
| views ii banking. will give hin an important po
sition in the financial a7Airs ofthc city.
| ST. LoG1s.-The Democrat says:
[ Eycbahge Nas back again to = z cent discount
! 10 oay, {lsi) and abundant. There was but little
demand, aid I hc market was dali. Some h,iders
of gold asked little prices for it day: bu: there
| wcsc 20 transactions, and ehan quote the
market unchanged and nominally at 2 3 ct. prem
| tclling.
New YoRx.-The Ere,sing Poe< OF Wednesday
! says:
The market no doubt derives much Of it's specu
| latlve FlEor from the abundance Of MONEY rhf
n.a.,ufactu1e Of CURRENCY by The Government IN
at pe9 cent On cali All Tie heavy moneys,
es1ahtishmentF are pressing their balances on tA
| market at this figure
cdtd activity 7nd quotations are scarcely 30 goo.
~ The highest salcs Of yesterday North Carolina
afs1H per gent. better.
much higher. The coupons arc scarce The VIA
lean jumped to VIZ. talioEDia eerens rose Is
] per cent. All the tst1cs Of the 1oSa1 States AZ
!, wanted for inscrtment ohios and New YORK
I are held much higher.
The coupon si5es of 1881 touched s7x; the req
ies5s@10sH: il Is : little cnrfous1lsas e some {
, | the }asgesr hanks are now buying back the bond
and noIes Tbleh they had dlspossa of at sarce an
fonr q ct. below these prices.
, Tha 6 = cent. Certificates Of Indebtedness ~
in good reqnest at 90
Inc usIEeL a1Ltf lGe &3G4TN WaS less aCtlFe, OF
, G1m- Coupon tixes 1881 close, SIX bid 90 sskc,
New York Central sold at si44- and that bid
The market for gold Is very firm At 102@1o2}
The movements Of The precious metal are becon
ing quite eccentric. ard the Auctuations Tor II
: coming sixty dayr, will, no doubt be very inte
esting. The increasing issues Of the goverumet
aud hanks on the one hand, and the gradual ope
. ing Of the soufh hern ports on the other. vii erea
toyel combinations. and the premium on gold vi
e at lines, undergo rapid changes.
T., Exchange Oh London IL firm at 112H Gtf1a15 f
! fri c]ast bills.
:, Nehre requested TO state that after Saturd
+ t text the rate Of Interest deposits of Treasu
y 1otea It the Cnitsd d States Treasury viii be. TO
r per cent to ali 1epositors This. Of course. d.,
+ | rot affect depost- maize previous to Iha close
bustress On Satnrdss. His~expsctc5 that by Ii
time the fifty millions AUTHORIZED By Congress- =
BE- reached. The deposits at she Bostou and Phi
u 5elphia i5ces have been about $s 500 eco; Al
New York Treasury about $Ss GD 000. It il t
J general np,n1on that Co; gzess cannot do hett
l. than to rerDoye the restriction Of fifty millios
- lcasirg the matter 10 the di1ec,tos Of the Sec
~ tsry OF the Treasury.
II ~ The following table shows the earnings
a. the St. Louis Alton ard Chicago Railroad frt
:, Arxtl sath to Apz1 sath inclusive, 1861: