The New York herald., 1863-04-21
,. $1,212,461
I8, ,53S
1855, SOL
4214,47o

Increase - 1856 ,661 42l4,470
This is very remarkable, and serves to explain,
in measure, the remarkable ease in the money
market. II seems that during the past week the
bank deposits increased over four millions, and
their specie 81 1856 ,55l, while at the same time
their loans fell of nearly million and quarter.
Money, in other words, is pouring in upon the
banks faster than they can use it. Institutions
which few months ago were slow to lend money
on stocks at 6a 7, with Q margin of Is per cent,
are now very much obliged indeed to any one who
will take their money at s, with margin of 10 per
cent. The bank deposits are now within IS 900 900
Of the loans-much nearer than they should be, II
the business of banking ia to remain profitable.
The rumor that Mr.. Chase is on his way to New
York had the effect Of unsettling all the markets
to-day and creating an uneasy feeling. We pre-.
sumo that the Secretary has no other business in
hand than settling about the engraving Of his new
national currency and legal tender notes; but ope-
rators have not forgotten the effect Of certain nan
cial tours de force which were simultaneous with
previous visits Of the Secretary, and business will
not move smoothly until he has returned to Wash
ington. Sc long as the people subscribe volun-
tary to the government loans at the rate Of nearly
two millions o day, IS they are doing at present,
one would suppose that II was sound policy to 'lct
wen slone," and to hurry along the engraving Of
the interest bearing legal tender notes.
Gold was again very weak to-day. It opened at
1917. fell TO $50. cold in the afternoon at l491,
l4s1I. l4s, 49, l4sA l471. and closed at FIVE p.
M. at l47H bid. Exchange opened with a fair in
quiry at 1851 l6s, but later in the day was
freely offered at l65.
Money Is extremely easy. On call everybody is
willing to lend at per cent, and the best mercsn-
tile names pass at 8 a6. Debt certificates are half
per sent better than on Saturday.
The stock market was not active this morning,
and the tone was tame. The prospect of . visit
from Mr.. Chase always frightsns operators. Co
vernments were very dull and hard Of sale at the
quotations. Bonds were steady. Pacific Mail va,
steady; Erie declined u, Erie preferred u
Southern old u, guaranteed n; there wsi
no change in Central, Galens, Rock Island
or Toledo. Northwestern was Il pei
cent better; Hudson was arm; Cleveland and
Pittsburg advanced 4. At the close of ttS ses.
sion 1t was rumored that the Secretary Of the
Treasury would be in town this evening, and
| lower quotations were made. At the one p
n. 'session of the public board the tone of the
market was fraction better; but Fort Wayne wal
lower; Pittsburg fell of u, and the amount o.
business done was small. In the afternoon the
general market was sluggish and tame; Hudson
was very strong at los II, and Harlem, which IL
the morning had fuctuated between SO and 56
was very lively at6s. The sudden inquiry for thi
stock, and its remarkable. .frmness this afternoon
may, perhaps, be explained by reference K
another column. At the four p. NJ. call tn,
market was rather better, but was still dul
and tame. The following were the closing quota
| x;ona ~ tho dav.-