Daily intelligencer. [volume] (Wheeling, Va. [W. Va.]) 1859-1865, 1864-01-16
Rron the 20 YorL shlpplaE II.l. D 8.

A buoyantteeling still obtains in mono.
tary and commercial circles, and though
business islcircumscribed, great condolences
is maintained with regard to the future.
Some people look with some concern! upon
the Imitation of suldry commodities, but
there Is nothing at present diseernibIe
Which affords any cause of apprehension.
The sudden advance in gold, yesterday,
was said to have been the result of heavy
Pqrohases by. German houses and of a
more active, demand from the importers,
consequent upon heavy importations. hsa'
That the National Ranking system in
augursted BY Secretary Chase finds favor
among the people, the rapidity of its own
growth throughout the couptry-but espe-
ciallY in the interior-despite the great
opposition which it has met from the no.,
ment of IFS inception, fully attests. What.
ever objection may be found with it at the
Seaboard Cities, in other sections, ana
particularly in the Western States, It'll
evidently considered blessing. Scarcely
day passes but applications are received
to olinaugurateHuuder the new Ba6k Act.
and as these Banks give basis to the
paper currency, this is exceedingly graf
flying to thepGblic,' aud especially. TO the
advocates of the new system. 1t is a no.
hceable fact that the Opponents of this
important National measure are steadily
growing less in number, and the system is
fast yindicating itself. The greatest Oppo-
sition'to it centred in this city, but il is
evident that even here it is on the sWane.
The Banks all over the country are rep.
resented as doing we'll; aud if the First
National Bank of this city is not an excep
tion to the general rule, may safely assert
that, their success is fully established.
4nssmuch as the new Banking scheme is
peculiarly National in its character, the
Government will of course foster aud en.
courage the National Institutions which
are rapidly springing up in every tlirec-
ton. While the Government patroniSes
the pew system, and the people every
giSre .r1cpRniHB ilaz5naariks and are. .daH;
uedly IN favor OF II and anIIons Tor It's
success, there is little doubt that it will
surmount each and every obstacle which
may be thrown in its way. ,f 90,
The First National Bank having been in
structed by the Treasury Department to
receive subscriptions for the 20 Bonds, |
and Five Per Cent. Legal Tender Treasury
Notes, the following facts will be Of inter- |
purchaser of these Notes will be |
entitled to the interest on them, from the |
day the money for payment is receiVed,-i
All interest accrued on the Notes, up to |
the dap of subscribing, must be advanced
by the purchaser. Parties sending for the |
notes, who nave not an open account with |
the .Bank,s should sendeabont l per cent, |
in excess of the face of the Notes, |
and in sending back the Notes the ehange,l |
willibs inclOsed. These 5per cent. Treas.
ury. Notes will be ready for delivery yeryl
aad will be in de deaominRtious of |
$lOQ,o $500 and $1,000 The, first series |
bear date Dec. lst, 1863, aud the second |
series bear date January lst, 1864. Those
who Subscribe first will be fret 10 receive |
their Notes. Aslbe bank receives q com
mission from the Government on these |
Notes, it cannot allow any rebatemenr to |
correspondents. And as the Government |
requires legal tender or National Bank !
Money in payment, it Isl desired that, as |
far as convenient, the remittance be of like |
money or drafts payable in such money, l
The Five Per Cent. Notes are legal tender |
for their face, but not for their face aud |
accrued interest, hence they are called s |
per cent. Legal Tender Treasury Notes.
The Interest, hoEeVer, TO payable semi -an.
nually, and they can be used at the end of |
six mouths from date In the payment of
any debt, without loss Of interest, or they !
can be held for the sake Of the interest.
There,has been more moTement In gen.
eral Trade circles since our last, and bust.
ness for the three days shows considerable. |
A fair business for the season is doing 10 |
most commodities, but the markets have
been unsettled 10 some extent by sudden |
advance IN Gold and Foreign Exchsnge.-
Many commodities are proportfonately
higher and nearly all kinds, Foreign and !
Domestic, are held with increased fitmness.
sllI4F IL ------l - - =. a -----ll1ti ~, j
Letter From one SftAs Ist virginia
=-.is IS 500 i-lr Boys sDr -idI
h .ysg OAMP 1st YlRGIHIA IRPAHrRY, \.
PEEERsRuRg, WI. W., Jan. II, 1864.
Editors EHtelIigeleGr. :oH lAlgh70 UT ~
: AS you have no correspondent IN this