, 1863-03-03
FINANCIAL and COMMERCIAL,
THE MONEY MARKET.

Operations Of aN kinds seem to be busy, and for
au legitimate purposes they are accommodated.
Considerable discussion ia had in financial cir
cles, and much eatIsfactionie felt over the pros
pect Of the passage, to-day, of all the leading
financial measures Of Mr. Chase. We fear the
tax on the banks now in existence is not all 1t
should be, and we therefore ill
accurate Information Is received. We heard today
intimations that very large bank, If the Law was
found satisfactory, would at once 60 into opera
tion under the management Of our leading and
most substantial citizens.
New York exchange Is still held firmly at Y pre-
MUM By the banks with the exception of single
houee, who still supply customers at z hut it is
shade easier than last week. The buying range
Is parGh but few banks, to-day, were willing to
pay the higher rate for round lots.
Old Treasury notes were bought at the same
price as gold New buying 14@A premium sell
ing 7.l3<.
Gold, according to private dispatches. opened
In New York at T14, and closed at 7l1< with mar
ket "heayy." Here the general counter rate Was
70, but VIC found two Of the brokers buying at
Il, We presume, under orders to ILL
The range for silver was 5000.
new BAEE1SG HoEsE.-By notice In our advcr.
tising columns It will be seen that j. A. Ellis 4,
Co. have bought tho stock Of the Traders Bank Of
this city, and will continue general banking bust.
nets att the Northwest corner Of Clark and Lake
streets hsr Ellis has long been connected with
tho State Bank at Madison, Wis, and is widely and
favorably known as leading Wisconsin banker,
Z. l. Tinkham, Esq, ,whomsour citizens all know,
remains at his post as cashier, fact that will be
highly gratifying to our business public.
NEW CouSTERrK1T.-A large number Of new
counterfeit five dollar bills on the Bristol County
Bank Massachusetts, were put in circulation last
Saturday, IS they have been making their appear.
ance all day. All bills of that denomination, on
that bank, should be refused. One banker report
Ell q three dollar counterfeit on the same bank,
Let the public be on their guard.
MILWAUKEE MONEY NARzEr.-Tbe Sentinel of
Monday sayR:
The rratcs for exchange were par to i pcr cent.
premium buying, and 41:z selling.
TIE ooLpGAAnLERs In NEW, yoR6,
!ng NeW ?FE t.erald is very fierce o,. Tho rotd
sreeuiatore OF Wall street. It eays tho demsnti
toE gold Is almost wholly fictitious. and observes:
ba nfss5 so eod
f. deposited in such place, is transferred f1om
sne eeelato the buyer who disposes Of It again At
MAI street III week was carried from broker to
broker At the eo1e of each days saes ali tue drnys
ee sod Mao qsa1 Mo5e
men Who never truly POSSESS thu anecie tbeT hive
bought. A brokers' promise to deliye, 20 mncf
gold At such time, is salble, and Tic broker runs
he sold It. At the date agreed upon be Sometimes
produces % TIC certificate Of deposit for tho go!d,
premium rates on tic day be sod and ~ eq
r. tsoaainS dsllysrs Enc man who as ex
basks AMI banEets ad b1eFsfs H.
States Government which viii endure ~ Wen u n9!ed Ws
street ts but q memory. The paper Of Wall street
Is seeaIsd b the personal and real propsrty-often
The paper Of the Government is secured by ali thc
f naonal 40. propeFiy. and by the integrity and honor
Of & 1ss e Ths Rsops the
The Philadelphia Ertnfno Bulletin has n cooa
article On the gold gamblers. It eays:
While there IL come little legitimate reason fnr
temporary depreciation in the national CURRENCY
mere Is nothing Whateverto warrant the excessive
that the high quotations Of gold that are sean s
tse 15sFe o1 Mai street Most Of whom
to dersueton II 1 nv wno eod T9nd IKE to sec
Eo9d thlnE ont Of the ruins. New Fork is % fui 81
'aai;oIs 'taa;n tsyss and ePeenlating eabIers The
M 81 their iives: Now that the Government is IN
- nahGes tAcy prey npon the people through
ne STOCK and specie market. They intidfousiV
cifsuiate ramote to the prejudice OF the country.
cited. 1"A3 'A.' Law tx
No better proof OF the falaciousness of tho nre.
sent alarm abont the national currrncv rar h.
needed than the frequent and sudden flnctuafions
IN the price Of gold. Sometimes the ouotations |
Tafy tarce Or four per cent. In the course Of few
nouis; = occune o. several per cent. maJ be re-
ported at noon, and it Is recovered aeain In an
noh1: moreover. not one tenth Of the tfansaction
IN To!0 that are reported aYG rea1Iy in pnd 7hcre
what is exported to foreign countries. The trsns
actioHs are as fictitious as the panic. The amount
OF gold In the banks remains nearly the same 40 II
~ae months ago, and 1t is Just a. valuable as it
vas months ago, and no more, The currency Of
the country Is worth quite as much as It was
months ago But peoples confidence in it hiss
kcr rumors OF the enemies OF the Government,
whose headquarters In Wall street, the greatest
den Of corrupt and mischieyous gamblers {hat can |
oe found In the world.
NATIONAL RESOURCES.
The New FORK Erening Ehst has the following
capital statement Of the resources Of the 1ora1
States. After studying 1t, who can doubt the DOW.
II Of the Government to put down this most
wicked rebellion:
In The following table we have thrown together
:omc significant 1gurce. derived from the census |
'eport Tor SEQ and from other authentic sources
~'th the view to illustrate and suggest to our
:caaers the extent Of some Of the elements Of orr
1atlonhl wealth. For these clemeuts. eays De |
1oequeviue, arc Its population, its productive |
>o"cr, lt9 commerce and Its means Of circulating
II ,ha distributing the creations Of industry. To