The New York herald., 1863-11-28
cities win show the condition Of finance and trade
in their respective localities. The following is
from the financial article Of the Chicago Tribune

cities win show the condition Of finance and trade
In their respective localities. The following is
from the financial article Of the Chicago Tribune
of the 24th inst.:-
the demand for curreDoy has beeo far ahead Of the
supply and have been put TO their wits ends TO
accommodate the pressing wants OF customers, pay
chscks 70 keep the wheels Of our commerce actively
moving The pork trade requires enormous amounts on
funds mostly greeubacs ct that and the grain shippers
are stii using largo amounts Of money In Act Dtense
activity prevails In all departments OF trade
Tue scarcity Of currency has forced down sns @ an$
large amounts has been taken The selling range
is par q premium but nearly oil the banks were
glad 10 sell at par, and some conceded 10 Gus
toners as low as : This state Of things cannot
continue many days but II the weather remains good
mediate relief cannot be expected; for money % ded
dedly close whec0u bankers usually able 10 COO
mand all the currency they needed. Just now the
active demand for hom They will be out in very ew
weeks and with the money distributed to the army
pay ment for three or four months now DUE will urnsh
all the currency our commerce can absorb.
The Pittsburg Commercial Of the 25th ssys:-
Our money market is in very healthy condition.
There is abundance to meet any reasonable dsnnds
that may be made upon IT, but our banKs exercise their
usual caution in letting out their favors
The Boston Traveller of the 25th inst. says
Business s reported being quite animated 10 day
Although money s q <rife closer than it has BEN for
few weeks past yet there is no pressure, and Borrower
who the right kinds Of securities to podgf hnd 1T
tie difficulty In supplying their pccuniarywauts a.
the banks In the street. at ak per cent interest More
given for merchandise than Of late and this
fact has caused greater activity the discou market
but the best endorsed paper cannot be obtad at any
thing above the standard rate There is stdy inquiry
for legal tender notes. which wanted VI those VINO
taking the popular loan In stocks theres c0nsidera
BILE doing, and prices keep up remarkably Will. .t..s
Coleman's San Francisco circular of the 22d of
November says
Bank accommodations still rule at az per cent per
month"; but are less easily procured. ant securities are
rigdly scrunized Money commands ny III higher rates
outsde according to the wants OF borrowers ana the
class or paper Good business houses with legitimate
business paper find capital accessible.
The immense imitation OF the mining share market mas
been regarded with growing distrust financial circles
for mouths past and 10 this alone Chiefly Is atriDuta
Bile that curtament Of facilities to parties Implicated
which brought tho public face TO face with an evil
that for the OF every valuable interest IN tho coun
try, must he grapped ana cOntrolG.
II reported that the Central pic Raiiroad COMPANY
recently been In the marketor loan OF $2ao000
that they have succeeded in cgotiatng though at
considerable expense through he aid oi well known
The payment OF $3.50 900 tcOunt OF the Aew Alma
den Quicksilver Mine has beyb made to day aud this
Of money Which has ean held Out OF the market
and unavailable for oans tht coniribiong partially 70
prevalent srngency for he past fortnight may soon
be liberated again for comntr purposes.
Receipts OF treasure the i0tcror and mining dis
trcts since our report oil 2 amount TO $50 600
about ten per cent in c0J The deposits MINT have
been over 50 900. 900 duriJg the same period.
The pupply bullion 0j the market is apparently am
plc-gold ranging from 100 to SO. Sales TO Chnnmen
have been made at $40 Silver is selling at par 3
Excbsnees on the Alantic cities ruled Sc 36pper
cont premium on gold Tor currency payment on last
steamer day, and ASK per cent premium for coin.
Sterling as i'd 4s&d for bankers, and at 40 49i.d.
yet determined tpou. Coin bills to-day are held at
3X per cent premium, and sterling at A3,ad. o.