, 1864-04-18
FINANCIAL AND COMMERCIAL,
THE MONEY MARKET.

ksA1CApAT EFHHtN0s April 10, 1851,
The demand for money Is lot near heavy a. itwas
IN the piping daYs In the earlT part OF the week
Some bankers report that largo uumbor OF CUSTOM
have sold out and paid In large amount mo
and that prices are lower agaln disposed to
wade wEile oiheta complain Of dul]npss and fn.r
ton. Generally the market may bd quo:ed aaIet
with fair demnut. Ratcs ol discount rcry rm at ID
per cant. The transactions Of tho past week have
| been 1eally enorLaous. :,
Adviccs to some Of our bankers frera Now FORK Re-
port money exceedingly scarce, bordering almost
upon panic. Two prominent reasons are assigned
for the sllnGency. F1et the movements OF Secretary
Chase and second the action OF the Chicago Board Of
Trade In throwing out tho unconstitutional wildcat
trash. snd placing the bussaess OF she Vest upon
substantial basis Wall street says at once, il ,he
Northwest ta5oos the rsg-n iesues bankers through
ont all that region will draw down thctr balauces
ttt7nly, requiring OF Us only GrceubacEs, and We
must prcpare FOR them" OF course the mills will
have to redeem In the same aterals but IS they
from three 10 dye times ~ many bills afpat as thry
have constitutional currency to hand over they
will be obliged to call In their 1onns
which hsc-dying spectators and stock aud other
gamblers Of all kinds h3ve been tnaatfnR and detup
the business channels Of the naion OF course there
VIII be contraction and strlngrncy, snd perhsps some
depreciation In the nominal prices OF almost eyery
thing but the change will be healthy, and In all re-
spects for the good o. tho country. Tha Board Of
Trade, and the Chicago Dankezss aud bustncss men
will adhere to the stand they hare t8ken and Wall
street and the ragi1s everywhere may ~ well pre-
pare for whatever effect It will have upon them. The
cities and towns the West will SECOND thB efforts Of
Chicago to secure eound reliable currency Tehaye
the following notice from tho Peoria BANKERS.
On and nt1er this date We will receive and pav ont
at psr the iolioWinS circulation only;
Et2e9.i n: ntsnsu15 TsnS 49, Hs1ss.
Stntc Hank OF Iowa.
1.&pR Of the State OF Iru1ana,
state Eahk q Voln;;
TGa enyr.ncr % ~ - nthar tJs. her,a y M. .,. ,,
N. u. EuEr:ss, Casuier Isl Sattnna5 BanE.
J.g. SAITH. ID
ps,., 1,Esn I. F9Is5FTn e r.; 2 Co.
~ sa.s I ate.,s ~ -, 80 -. ~.
,. VI oai ~ - ~. sooa "otA' Ice IL 60 o.
M onuoe elIlnesneS. ~. ehase "i! hanu ofaf anp
ply ofE1eenbaeka and thus The nation will be saved
large amount OF Interest," ana Inc counry Will have
uniform cuneney'oi ~nose souaoaea' theFe can be
no PC ess1ole oouul.
me suOscslpuon 70 au 1oao sooay ~ 'ao 1nlfa Ma
aiona1 tAnk, "efs h.sgsssea s 'noasaau seven huI.
area ool1a7. a. aaS oeson" "a"o41a' Lucy "ete
**A.&". .,,., VII, ..
lae ias's anspes - - .. o. es e. Aos soe ssaaf
pah',ac4 sspeeE M. tsass ~ ~ sno @seu y, w
" .ssuo Apsai ,hs aa,1-s ast- " ~ 49,
,.s .s.ttE1 ~ .ba Nsttons1 n.,rs -a.ss, uas
y vo-r ~ z nIec, M vaat an .ccT,,r1.t,n1
~ c.rst., ara hsnre ~ no,var IN thc b.n1s ~ - 49,
men: T1e N.ttona1 Eants Of the Eortnwest onrbt t.
yeieeu in Chicago fnr the Immense trade NJ III. cttv
cs1 probably employ in lec,tmate Tav the tenoa,r
the banks would keep here-a poltcy that wonld ha
far better than to place them IL the hands Of wan
street stock gamblers. Tbs Banks further sontb