The New York herald., 1863-11-24


As compared with the statement Of the prev-
Gus week. there is decrease Of loans Of IS 342 102
decrease in deposits of Sc 62l ,652, decrease in
specie of 81 $685. and an increase in circulation
of $26,447. Comparing the last statement with
that made on the 18th of October. we find dc.
crease in loans of &29. 1856 .s2I. decrease in de-
posts of t32, sol G7l decrease in the amount Of
specie of 1927 95a and on increase in circulation
of &503 .615.
The Second Nations Bank Of st. Louis was or.
ganizcd last week, with capital OF $200,00O and
power to increase to 81 900, 900.
The First National Ban, Of Pomeroy, Ohio, has
been established. with capital Of 100000.
The Valley Ban; of Chillicothe, Ohio, has been
organized under the new law.
A national bank has been established at Green
castle. Indiana, with a capita. Of 500 000 and it
is to 60 into operation on the Ist of January.
The Firs. National Bank Of Cardigaa, Ohio. has
just been put in operation.
Money continues in active demand in most of
the Western Cities and lega, tender notes are so
scarce that they command a premium. while the
rate Of interest is far above that upon which loans
are easily obtained in this quarter. The specua
tors in breadstufs. and pork packers and pur-
chasers who are in the markets as borrowers. con-
tribute largely In producing the stringencg OF
which they aemp plain. srd until their demanE are
satisfied there will be no lenency exhibited on the
part of the bankers. Reports from Chicago state
that the money market in that city is de-
cidedly close. and that the wants Of operators
are much larger than bankers are able to meet.
Regular banks continue to loan at ten per oent;
but the real price Of money il 6fteen to twenty
per cent. At Cincinnati the market at last ac-
Hl,a,, hal l,on. o,,H
government contractors had ceased their sppli-
cations for loans. Money, however. could not be
obtained at less rate than a per cent. The
pttsburg Commercial, OF the 2lst inst. says:--
The money market here Is somewhat stringent and has
been for several days Very little paper discounted
al the regular Places aud what H. done Is at pretty hgh
funds and currency among brokers' Creenbacks have
wonderfully appeared and a. this s the season for the
heavy purchases PORK. where vast amounts OF
are needed considerable Inconvenience viii be expert.
enced there does not come speedy relief in this
| spect.
The London Herald Of The llth instant thus
| speaks of American stocks in that Market
Inere was very little alteration In American govern.
msnt stocks and railway shares; but the dealings we're
steady and 70 fair average extent Maryland dealt
sa Ace Gree. wsCu Vs Tsee TO-
hands at T5ys and hually closed 10 II. Erie, 800
shares wero operated IN ao seI eO,aay closing q, o!
1s} discount the Anal quotation being 10 II discount
The rebel 'co.ton loan was steady in Lon.
don on the 10th inst. at 63 So, aud Mexican
bonds were heavy at 3s,lSa s9I.
Although it has been understood that much of
the drain Of specie from France had been for
Italy, that country seems to be suffering like sll
others from an absorption Of gold, aud the Ma.
tional Bank ut Turin had advanced its rate of dis.
count to per cent.
The $40 loan sold last week was scattered over
the several States % follow. Subscribed through