, 1864-07-10
FLNaNCiAL IND COMMERCIAL.


S0.lu
The week lust e1osa1 has ecta one Or remarkable
financial ssihscncy. arising tr2a tbs Wild spl1. OF
epeeulatou vh:ch has prevented os. CT our re>pec.
table bankers, A. ne hsEc Intimated. fen z.vlng
any confederation for, or asm1r:hy Wiz, the class
Of cFe:ntoFs rho c1tate the e1c!tcneL* aud trGs
ton in r-a7kets; but We are sorrs n add ,bst
there arc still lasEe number OF cap,s4lIst., hay,ux
cd connection With bsnk1ng. e1cep: ~ depostso1s,
Who Ase ready to ActomM odAte 1ne c&.ss OF Ecn
whom sepuahfe ba1keIs scpntiAte, fer the sake Of
The - ave per cent additional over tbs Regular
dlecourt rate, uhch ttey are wont to easske. Tiny
make ,,io margins very large, 20 - to escane
loss. but cveLtna0y, three times cut Of four
sorne one has to srtr In the shapa OF An arrange
nent" hy y htca the "fatt" Gentleman pays sweaiy
1ve II forty cents h. dollar ~ bis eood aature
aud gtntrOsliy may dictate. This way Of deius bus
ineFs frpch1, OUT respectable bankers dedlF.
OF breaking down. and We trust the met who veu-
crate mercantile hcnor viii Inin hands IN bringing
sbeut reform. fthIs wild. unnatural, vicious s,tt
Of rreculstlon was sctpt. the prices ot stsc1e co
ub1ir1 and the prize Of old woui6 assume thetrYa
kln ate value uhtets they stopped By mere
ccns.ds1xtt AID reflective tut efns tf ca!tahst.
the euret will grow rpen u 10 e1t.n which viii
Evolve rs al In nasncia1 chaos. For al Legitimate
urea It trade, there IL in Chicago great plenty OF
nene< bat for she entire E1atbts;;cE oa ,hc Wild
eptz1 OF entcu1atcn which IL daily exhibited In oar
mssts Of trade fheEs Il not enc quarter en,u1h We
CALI upon cur fHoned MIR 10 look this tatter fairly
and squarels In the f=ce, and goTeta the. conduct
By the etriet rule OF mercantile honor. We sepes.,
ihtt 1QeleIt loT ell leEllG&te pnCoSe4 OF t{atE
abundance cfEot eT In Chicago. And a1 who &c bust
nets upon those principles Wilt uos BE- uEslJ to suffer-
Exchange coIttLu.s dat. Thert Is probsb'7 mara
mixing than Is needed and the exceeding tf.tuscucy
Ct The money market restrasns bankers from pal~
ehstirE bey ond theiz positive necessities.
Ctcrr the inhutrce Ut see cons! .erabe fail II gold
amour IN New Turf 1sst evening and this NOR
Itug, the produce markets we:e weak tuIs ncrniug.
With lecline of 1Sso cents ou-four, t@s eeats on
what ,9 cents cn cora DC, p1t 1ater dispsches
reached te1e. indicating rpd Upward teudrpcy of
The gold market, tee market became nraes aud nj.
He'd toucxhat. Tc-1!Eht. 1t tho Sherman House, we
whikSy ard other mixed drinks VIII oe swallowed,
Cold IN Sew York Touched :75. Thts condition OF e
unket Is said to be Influenced by the new
ard nore alarming aspect Of tho reoei
raid into Maryland, 81 tbs anti oodAl
..rez.arce OF The rs1d EestesssT se.t :he ma.sss
dcNr. Til. IL re1sotAbe cause for the direr
eity Of the Rol. 1-arket than We ueusIy Ket The
range. as,eIecsaphea to James BoSd, Esq 81 Cia.k
s.rvet. Il - follows:
Iss. isss;s::: i.::::.:: 81 81 !s ; -: s: IS
,an.:.. n....'.::.. ....:.. tx e e n n a
Here the na.kst opentt weat aad pAa.ck}.as 1caa
ST. ~te !ArEe cN,ri q; tu! towArts nooa att,r ti
p1tehts had btcn II cc.red from New York anaoaue
ard II t:c eicse n xae ct scc It closed 1s j. that
figure, Silver <As f:mer at -, GoYereuets 4aa
| Are lei buying, lS se?ns9.
TIE NEW YORK ASSOCIATED HASIs ARD Tux NEE
| srcnErAxr.-T TIE New Yo.k Tines ot Tedces.ay
! trnonrv ar,ieI&> tafs:
Ne uldt:s.sSG 1uhs the n.w seeres&:y of,se rrtss
I5y h11 afeAcr been waited upon hy = teltsarfou
tsc aac q, Att lated Ea-ks This lit xi;h lie
pnrpct< Ct nianeaEs 40 q: letter Accorl BET zen
| lnete basks N! ne G :rernmens s1d ths ne~ NJ.
& sa e. sas fsasos, san
HsnEs Of the Atlanae a:.es -aes.re e Sc
plAt Cd uFo1 The sane faotlox 5. the Eub-TreAs--
| y Aaa the S.uonxl Hankt, as cepoh or1rs Of tie
GCTetnMtnf Furoe, to the extent of MI 10 lcs. t..
Etraly or rtr@anen'. Ehich theJ mag rAks u the
Iest = shsy Ell = ~. Il: atoses. e
Ieaaas to Be tfawn a<aarsst tts csl1ssI eourse
1oe cnaircas q t1e DecAzreEt, Ii place of bca1S
eaec n7Gn 10 psy tbe money By ln5talue1ta, OF IN
/ lalgt Gums itto the sub-Tfeaanzy.
| TneEe ,s!a 1oF u, A1teEEeNeot, made e1p:sss,y
mooa ,on Of see Gtyetrmen: and al sound tpecie TO-
tANtal tuouey> pA5tnE state hAt Il lending uney
TIE & tye:nmant. Tne sans pr11etple EaS enxrafe-d
upen the EAunnAl BAokt1E Act. 80 th2. tos Sab
i 1fv.Enfy 1oau caa be practically tt'fecsed wttA
| what ihs HoTs1Iment = As EseAs borrower OF the
n Cold. A1e the payment Of ln'ele7t d tie
eo.t.n .ne.riue turded debt Of Tbs URlted stsses to
| Wn.th tEtt rnstcms are tpectae.uy pleased
We hare 20 irtofu14 tc1 Al 70 tho deposition of
the Sec.etnry sfeEd - sh4s ofef;n:e pl1ce
tho Associated Stats Bank Of the cities upon
Auenst d, 1851; hnt II u source Of setI.f4cttou
! to know thAt throuah fespons:cle deleS1tou
| thty have 20 promptly tends red % Af. FeSSenata
thete sefvcea Ia support at the Government On
NE coodlticr svs~ffed TO 1ttsn-. tnn-uhAb.e tass
! U 4ecc1stc, tns drst advances Nif1 be UPON 80
o.tts e,ks currency loanas authorized b. the oxn
Ass fas ths serytse of the neH nseal 1esE.