, 1864-09-22
FjNaNC,AL AND COMMERClAL.



WEpNEsDAY EVENING, Sept, 81. 1B64
The money market to-day was ycry quiet. The1o
wne 3, good supply Of currency. and good paper
was dsaconnted At 10 per cent par anuum. Ths
ett.ed state ct the masktte, and the desire on
tho part OF the bankers to hare produce shipped
East a. speedily ~ possible, have rendered 1t
ra,hcr difficult matter for nero specu1stora to
procure accommodations; bu. for legitimate busl-
rees, there tsa to1crably easy money market.
Tho market for Eaatern exchange Is dsmer, but
there Is no difference In rates. The bankers are
huyipe at 4Gt1 per cent discount, and selling at
= per cent dtscouut.
Gold ehows 8 further decline Of 5 per ceut-
opeatrR in New York at 9sa, and elosin. at p n.
The following are the zates telegrsphed to james
Boyd, gold broker:
J.. 90 a. m..........ss2s 1900 m. ....-... ..2s0h
Gold here opened heavy at aas and felt as lox as
21s-c1osin2 weak. Several round lots were sold
to day At inside rates By parties who paid 80,
Silver was In better request today, In order to Oil
canadiau order, and The bankers paids5- Ca
ntda currency IL in demand to pay tells on the
Welland Canal, and sales we1e made at 218. Five
twenties were firm at 102H@110 buying. and HOY.
gill selling.
- The N. Z. Shipping List Of tha19,h says that
1t appears to be the popular belief among shrcwd
observers that gold will soon settle down perma-
nently to lower quotation, and this feeling, in
connection with tho excessive supply Of excnan,e,
has tendency to depreaB the market for many
kinds Of merchandise. the supplies Of which are
net unusually light; aud though quotations Of
most staples are nomlually without material varia.
tion, there Is peEceptible growing desire to real
ize on the part OF holdera,
- The N. 7. Cpmmsresdl AdrertIser gives rea.
son why gold rallied towards the close Of LAST
week. It ia explained BY the fact tha! the regnar
operators have dusing the last ten days adopted
very general sJstem Of accepting due bills in lieu
Of deliveries Of gold, which pass from one to
another, probably circulating for week before
l. they return to the issuers. This immensely facl.
tates speculation and has. for the present. effectu
ally checked the downward tendency Of the price,
II perpetuated, there ia saying to what figure
this system may not run up the price Of gold. It
Is the most dangerous phase Of the gold tuaatton
TINT has yet appeared. and, II continued, will some
day brig Eetrlbution Of loss upon those who lend
themselves to It,. ltissaid that even h.msrepnted
conservative and respectable hare reaorted to this
unsound and mischlcyous expe1ient. lmaziIe the
| same sYstem adopted with respect to stocks, and
to what unheard OF prleca might they not be run
mp. Ills form Of credit operations that shopld
| be promptly discountenhuced-
The following new national banks have been au-
thorlzed: First National Bank, Lockhaven, New
York; Ffrst National Bank. ,Leomlnstes, Massa-
chusetts; First National Bank, Lowell, Mase. !;
| F1Est National Bank, Joliet. ILL.,; the Blackstone
| National Bank, Boltou, Mass; the National
| Rank nj Redcnlrtlnn. Hnstnu. M@ss.
NEW ToRK Stock AAnKRT.-The following are
the quotations for Sept. Fl. received by F. G. Sal
tsnStAu d Co., commission, stock and bond bro