, 1864-08-03
FiNANGIdL and COMNERCIaL.
FINANCIAL,
TUESDAY EvKsNa, August :


There is nothirg new to note in monetary matters
Today. The demand for discounts is REMARKABLY
good, With sufficient supply Of mouey In the hands
ofbsnksrt to ansxer tbs demands Of al n:st class
borrowers. The rate is msutAined At 10 per cent ii
bank Hhl1e rAtes for paper not esteemed nrst
cihst, range ffom to per cent month.
Our markets were little duQer to-day, with slight
spptecta.A In pIfces, owing to the advance In gold
at The close Of Yesterdays Transactions, and which
weSs nearly sustained to-day. The transactions,
however, Wer6 MT large, '-''- n. *
Exchange ren aims shout al yesterday. The nomt.
nal quotations are y Discount @ par buying; pre-
mum telling, with concessions and devinttous ac
cordlrg to the character and wants Of eustcme.1.
Gold. In New York, did not quite maintain the ad-
vaHce which 1t made yesterday. but the market WAS
itst nnctuat'ng. The following are the quotations.
telegrspeed to James Boyd, Esq. 50 Clark street
during the day: -,
~; m. m.;;.......:. .... 12m.................2s7x
11so Giosed ID 6osfd .e17n
In ChicEgo, the rate ope3e ed at 2s advanced to
eonpE qulet snd rm at that rate, with large t.ans
actions. Silver is d0ll. at 2.sc22.ss. Gogeynmeat
a2oa arc Weaker and quoted Ii New York at 1G1.
Here tho quotations are .G811etk.
The old Aerchsnts' Bank Of Boston has bteoue
National Bank under the same STYLE with ta captta1
Of Ss.eof. The last Weekly statement Of the Asso-
ciAted Banks OF Boston Is exclusive Of the Mer-
chants, ard shows CONSEQUENT dxczes4e In ali tne
ttems ~ compared With the previous week.
TIE 7S1e LoAS.-Preston. Willard d KeAn, bank
ready to receive subscriptions ut par 10. the
new United States 80 popular lo.n which has Just
bean offered TO the people BY Mr. Secretary Fessen
deu. These aotes arc Issued in denominations Of
$0, sfoo $780, &C., and Just the thing for the h1ed
working people of stua1l MEANS well as for capital
asts 10 invest In. They are tssued III blank, OF msde
payable to order ~ the subscriber Wishes. Tbs In
terest q $40 per cent? IL mede payable semi. annually
from the 18th Instant, knd any subscriptions viii be
allowed interest from the time Of subscribing.
WHHRx A8E AL TIE ,GREKEHAoKs2-The uuer
don Is asked daily among the people. There are all
the gEeeubat h Notwthstan Sing official ststem .uts
establish the tact th1s thsfe nrs oyer s9oQo 100 Of
them In circulation, complaint comes from every
quarter that they are frgktfu1ly scar:3. New York
Keat Into panic solely that account. few weeks
azce; and 1t wss eaid that If the New York Bsnks
were required to use RzeenbAckg In thclr daily trans
ac'ons a. eemed necessary under the provi1ions Of
inc gold bill they would break down in twenty.four
hcu1s These no doubt butthe people, in thei. In
dnst1ial capacity absorb and hold large qu s.tttes
AND, ~ I'll ordinary business transactions are now
TOT cash. there IL, Of ccnae necessity for greatly
increased Eoiure to supply tha circulating medium.
Men Of koodjudRment saT that where 4!,tt0 we're re-
CURED four cara ago, 1t least $1,000 to 5000 are
now required 70 do the same amount Of business
But thefa Is one source Of absorption which seems
70 nave escsped the attention Of both the Govern
neut snd the peo>e and Of which we propose br1e6v
10 ospeaE. We were conyessl1g. 4 few daFs since,
Win gentleman recently from tbs South, who has
oeen fef sWo years past engaged In the purchase of
cotons and he gave al his deliberate Judgment thas
there Has At this moment from $50 to $780,
N0,Ho OF Freenbacks In the rebel States. held and
By the rebels themselves. Itis we'll known
tnat AL OF our gotten pu1cha1es have bcen made
with gfeenbaeks. and that the men wh9 Accspt them
are mostly dilloJal.
Everybody EEovs that ereenbscl- sre popular Wits
the Rebels ~ being every way superior to their oEn
deprecated Confederate notes, and Of course they
cling TO them. It also well known that the ns.t
movement Of the rebels when they kill Feleral
~ = Ia FHfs f. - ~f