, 1862-05-14
FINANCIAL AND COMMERCIAL
MONETARY.

Tuesday EVESIEG. may IL.
Monetary operations have been exceedingly
quiet to-day. There Is plenty Of money, but few
takers. Exchange is plenty at the quotations
par buying: selling Gold is "a little stideF to-
day, and the bankspay * and s~N for &c. Ap- |
proved Quartermasters Vouchers are In demand t
at 97e@97Hc. Auditors Warrants 98k@97c.
GOVERNMENT SRcun1TIEs.-0ne Of the most |
cheering signs Of the times il the present market
value OF Government securities. To-day U. s. |
Government sizes Of 1881, sold in New York for
1es4, and a10 Treasury notes at 1ossl while gold
scarcely touches 81 per cent. premium This
extraordinary prosperity Of the Treasury after the
tremendous drafts On its RESOURCES for the LAST
rear Is matter of the greatest surprise as well as
satisfaction. It il doubtless almost entirely due
to the late Federal successes, which has given
confidence to capitalists in the Government secu-
rites beyond that Of any other, and the result is
the funding and rc-tssue Of Treasury notes inarge
quantities, giving relief to the Treasury and rem
dering the future Of that department comparative
II easy. Mr. Chase will have no difficulty in get
| ting any amount OF money he requires on six per
cent bonds, and II our successes in the field con-
| tirue, these bonds will realize handsome pre-
MUM to the Government. Treasury notes are now
about as good az gold and the people arc anxious
II looking for more Of them. They must entirely
#
quantities Of ambiguous currency which is now
}tscsd upon ue,
The New Tork Herald says:
Mr.. Chaee may well be congratulated on the vim
dition Of Government securities. We understand
that he is determined not to Issue any more Treas
my notes at present, and not to extend the limit
fer deposits at The Sub Treasures. His certia-
Gates IT indebtedness, having one year to run, ara
nov selling at par.
We take the following items from Thompson's
Bank Note Reporter;
"Of the Federal Securities tho 7-30s are the
cheapest Investment; and Of the State Stocks. at
the price they are going Illinois are the oest IL
) 1.-THE people are waking up to the fact that any
! safe stock il better at par or even at premium.
Than the i1redeemable currency, whether Govern
? | ment Or State Bank notes.
) stMr Sec Chase has negotiated some elk mil
Hons Of 73o Treasury Notes in the past few days
al he goId that & needed for interest or the pub
: Lie debt up to the LET Of Oct. Before that time
= the Cust ON House receipts viii supply al the golt
:, that VIII be needed for interest,",
: 'tEEqHAyHD SIGNATUREB.-Thc rush OF tht
BaEkE to force out their circulation upon thc pco
q pie a. fact az the Government does Is 60 grca
that fome Of them re having nc signatures eH z
ready been held not to be legally binding upon til
=, | iseuers ''-Eosfou BH{}e{in.
We understand that strenuous attempts Will
1GGc II GlFe lulS slTlc u paper d EoHG'o4 S-SuAt
IL t1on in the West and the people should dfscoun
enance any currency except that furnished by Ii
- United States Government ane reliable banks
u their peculiar localities The wild cats do not
Il originate out West
Ut RAISED NorEs-One dollar bills on the Citizen
as Bank of Pittsburgh have been extensively alter
10 to SIS and 10s and put into circulation east OF
nj Some Of them mag be offered here, and cautie
E. viii be required in taking euch. The 7ignette
% the genuine IL, altered as above is: Fe1nal
ne seated each side of an anvil; Citizens Bans
OF in se1ni-eiEcle aboye.
"a The Public Debt.
h. from the N. 7. Times, Eth.1
=, The following is the approximate summary
the present national debt:
oi Five and Six per cents, old debt 1893 81 900t
Six per eeuts OF 1851 due IN 1s81...... 6S, 800,
~ Total Funded Stock ..>.......--. .S1M, ,oQ0, !
As Treasury Bonds, 7-S0 per cents, 64.... tz1,oo
air Treasury Notes, s per centa., 80 ~..: 3,ooo
ec. Treasury Certificates, G per cents, Il =, ~,
nat rnjted STATE Notes OF Circulation. 1t0c0o,
Tot,1 debt. Ms7to, 1856. s40o, ,ooo,
Total debt March d 1859 ,........ 3Uo,000
N: Total debt. March 4, 1851 5000,