Gold Hill daily news. [volume] (Gold Hill, N.T. [Nev.]) 1863-1882, 1864-09-14
Home Finances.

Iron the Mercantile Gazette and Shipping List Of
Monday
The money market maintains substantially
the same features noticed in our last report,
and we note the continuance Of steady de-
mand, with perhaps rather less activity In
some quarters than on last steamer day
The rates then current, however, are fully
maintained Il per cent. per month for Bank
accommodations, and 2(93 per cent. for iout-
side loans. There is a perceptible increase
of money, but Bankers and others meet with
no difficulty in placing all they care to part
with at full figures. The inability Of many
country dealers to cancel their indebtedness
to our merchants, owing to the inethciency
OF productive interests in the interior, and to
other causes frequently alluded to by US, oc-
casions some little stringency in commercial
circles; but the surplus capital OF certain IN
terror districts is flowing in this direction for
investment, and the evidences OF progress
visible in some portions Of the city are main
" due to the enterprise Of country capitalists.
The rapid increase Of our population and
its accommodating wealth, the confidence felt
by all in the growing Importance and future
OF San Francisco, together by the permanency
and stability of all our interests, not only give
assurance of greater safety here, but offer
better inducements for the employment of
capital than the country affords. The intro
duction Of foreign capital under the auspices
Of number of British banking Institutions
will also add to the material wealth OF San
Francisco and stimulate the development Of
our resources. But for the peculiarly I'M
favorable character of the present season,
rates of interest would probably be lower:
Receipts OF Treasure from mining localities
in the interior since our report OF the LIST in
slant amounted to 81 $50, 600, Of which sum
$500, 900 was available on last steamer day.
Within like period deposits at the Branch
Mint in this city have reached some 800, 900,
which leaves on the market for shipping pur-
poses S550,00O The receipts from the coun-
try by to-nights express may considerably
augment this supply, in addition to which the
arrival Of the steamer from the North coast
is momentarily expected.
The demand for Bullion is light thus far,
and Gold Bars may be quoted at 825 and $50,
although some sales are reported at higher
figures. Silver is selling at from 4 per cent
premium to per cent. discount.
judging from present appearances, Ex-
change on the Atlantic cities will not vary
essentially from the rates current on the last
steamer day. Bills payable in currency are
offered to-day at l20 premium on Gold. Tel
egraphic Transfers are selling at % and 8
per cent. premium, and Drafts payable in
Coin at 81 and 1 per cent, premium. Ster-
ling is ruling at IS and 4Sdd for Bankers. No
sales of Commercial Sterling are reported
rates nominal at 40 and 49t. Francs are SELL
ing at ST.
Legal Tender Notes have been more active
this week, and advanced from ~ to 45c. The
Brokers report to-day an abundant supply in
the market at Al and As. Quartermaster'
Checks are selling at 424 and a..
Mexican Dollars are nominally quoted at
l0@ll per cent-none in the market.
The exports of treasure from September LIST
to date, were as follows:
September I-Per Chase, to Hongkong. S0GI,IH 90
September l-Per J. AnthoniOus, to
Hnnpkonp