, 1864-06-21
FINANCIAL and COMMERCIAL.
FINANCIAL.

MONDAY EvENIEa. June 20, 1854.
The sccounts which We printed this morning Of the
Fad condition Of the cFops-part1culhrly Whest-n
The Northwest sent xaat stsple from ito 10 eeuts
per hnshel. The transactions IN wheat at tho Bosrd
were tmmense-full 10000 bushels having changed
hnndR at 40 average OF 8155-agEregating A775 900.
Over 5000 brls Of Whlaky were slso sold at
Of S147-footlnE about 3o0ce. Ofcouise theze large
operations created very actlvo demant for money,
and bankers had shout all they could attend to.
Weheat that thsre was little OF no scarcity OF
ueaus, and that borrowers got pretty much al they
warted at the usual rats Of 10 per cent.
Eastern exchange has been pretty close to-day.
with no change Of quotatlous-A discount buyiug;
par selling. Bankers, however, have been compelled
to psy higher rates among each other, to obtain
supply for custouers.
Gold has been forced mp again In New York, We
ruppoae. by the rather unIAvorAble accounts from
Gen. Butlos's army. The range In New York was as
follows:
aSsa; a. :..1s@sk r. %;x;..11ssssKK x..::1ssK
The market hero opened nrm at1es; advanced to
1o7K closing rz1n At that price. Silver hrm and IN
demand At 18391Ss. -...-
s.G'nsre nrm and quoted 8: 1oa In New York.
here, 1n54- ..,.
the we'll known merchant OF New York, has sent 3
MEMORIAL to Congress upon the subject OF nnances.
1t Is very able paper. We have ouly room for the
concluding paragraph, ~ follows:
.ert, ihpt liz nun ber of 6aaSs has besoms 20
prcat thSt It has become impossible FOR Wlsest
merchant TO dktiDEuisn nom among me vass ~ nun: @
from that were never Intended t7 be redeemed.
In he op1 Ion Of your petitioner the amount Of loss
receive from the only power authorized By the con
q shst psenps ga decided s:5loa = indlspsnsa6e
tie sSa
county nom The adopon by tho local banks Of one
ont The country, viii becopo familiar aad y saysy
I'D S ae
of the Union that can possibly be adopted
TIE NEW LoAn.-The aggregate amount subscribed
10 the new loan vas $50 500 oeo. Relatively they
stand IS follows: About 500 o-0e0 st165 upward
about roo at -! Aud upward; and about $780,,
cepGfo At lt5,x and upwards. The probability Is teat
Mr. Chase will accept NIL bids Of 1M and upwards.
The ouest1ou ret remains open It u ftated
that Nr. Chsse will be in New Tosk in day OF TWO
Gu bustne.s connected with thls new loAn- Until
that time probably nothing definite vt1 be known.
1t Is slso stated that SeczetAty Chase pt while in
New York, arrange for the retirement OF the two.
Ave per cent notes, and iasunr, Instead. $40
currency notes. The rlopostd foreign loan, It Il also
said, viii re cctvo his 1tttntiou-
| * CpxKn1cy II DE7EolT.-We stated q fen daya
s1nce that the Board Of Trade Of DetrotrhaI lately
xosdc movement to place their transactions upon
| the same currency basis Is IN ChlcRgo-greenolek:
and ratiora:e. At meeting Of the BotEd on Thurs
day 1sst to take hnal action upon tbs subject, shs
measure was defeated b. volc Of = to 5. and ths
transactions OF the I'D, A heretofort, viii b. oz
uixtt currency basis. Wethink the Detroit Boayt
Of Trade hare committed: Al error Of vhicl
tsey will rep'nt ere long, Thosa wht
opposed tns innovation - offered precl,o
II tho same objections ss1dd the hke class Of zen