, 1862-01-01
FINANCIAL AND COMMERCIAL.
MONETAR,v-

| r.-.. S"oSoAf EVENING, Dec. 81.
The money market opened this morn;no ..itban
anS ehanse from Yesterday i Fatc7 except that out
side rates for gold were not maintained, Some q
The banks were soon found not disposed to ailber5
the ruling rates ofNY exchange and put 1t Nd tc
i per cent premium, while two Of the Indiana
Branches and Sturges & Sons sold to customers
TIL the close at \. The range for the day was sta
| &c with tendency to the upper figures The de,
nand continues comparatively light, although ve
no1ieed some rc1nfttances for payments Of the 1st
| aAa 4th proz- The demand, we should suppose.
was nuco smaller for this purpose thnn for many
Sears past. The banks being closed tomorrow.
! 1o-asy "as as late as it is safe to remit
1ne ousslns price Of exchange was par q &c,
eo!o-lne range for gold WIS aD3 per cent
p'en1n1ns eales were not as laree as might have
oeen anticipated, though slight increase WIS Oh
served over those Of yesterday, The bu71no nrfces
was nominal at A@14.
In regard to the payments here ar the 6rs+ and
fourth Of January, we hear of no apprehension
so far as We can judge they Will be psompt1y met
AlI#AtkEE-We take the following from the
iSsnfsntz Of this morning:
10 of ~ Gu ,furFssne{ The suspension Of specie
one way or the other. 1t Will have a tendency
1; 70 make exchange cheaper By condning It to tie
hgie s;e Rnfp4se Of pazng oar Eastern debts. and
duee. Whether there viii be any necessity tf for
snarpenaing saarg specie payments IN this stateswil
Legislature meets We are Of the fmnress;on +baF
th i1 pc No occasion for Legislative action IN
fas at5aI eats Of F. be s1eds The tie
sourct bnr ct the same time makes sxchan1e cas.
Ter, AID Il the banks continue to redeem IN ~.
dn1a dn1i It Is al The people n
jEast. So long as the present banking law Fem.ins
Ihepr operation the banks viii be obliged to Keep
e4eh.Sl Geas1lon within wholesome bounds and
Iae leSad Fedeeming rate, and on the rcgumnfion |
o. Eas1sat1o1 viii be likely to 70 down to mar Or
snsnsn SG 1e IN r. me @ of1sr hand let The Leiatn1e
ase speculation unnecessarily lower the charscrer
" our cat5encs, and subject the business pnbIic
~ ~ tne GIG trouble Of 4 nuetaattng exchange
Exchange was plenty yesterdsy at the rnrren+
Eate bnt gold was unsettled most of the hanks re-
ns,nS Io sel afer receiving intelligence Of the
ACTION OF TIE Auva1-Err n.rrs
u the banks and banSers of 1h;s c;;v At meet
afternoon it was nran;rnontI es Stty; Jeaieruay
70 more redemptIons for The nrcsant * s, W aSt
continue 1edeeune AZ h.istofs,r u = SPECIE. out
N New York.-Seniirei Or x1;x 1noro;aa exchange
New Yonk.-Last SATURDAYS 7a F,.,;ao
ondenses the condition Of affairs in wall stroa+
$ follows: s'leet
The week closes with norev j. ,o,
rate 5s1ar, Es,: nnt emery loaned at Tie high
ames = cenf i H. ~. II It1le dons For best
ions are mnie at rss n taonGn some tEansac
n. saaif contracting ttom causes DOW beyond their
nd tha frae,oa uaaln q specie for the country.
ni1e to redaee dni tbe en s1ec q the subTreasufy
= oao ~ as morning morning INC banks carried probably
ediate iiah7tv ~ e1r ~ coa mere Is an i'm
-year bonds rrcm, vi hoNtt y, on account Of the
le mid shts neiS F5 poGsnt OF the Treasury. II
e fapdirT shown sepers1 lstu1neo u1 to bank with
fSrf fha |