, 1864-01-28
FINANCIAL AND COMMERCIAL.
THE MONEY MARKET.

sA4*AAA'~"
THE MONEY N "A xkAE E4's
-.... r r. @,
WAoahsnAt n'6Nlo' w. -.
Most OF the oanAsis t0tnst no.e esse NJ .no
money maf1ct tooaJi uousn - Je' tAe uemaau -
much beyond 1ne supply. ~. as many eoslonese
AZ II days past come In anu say tncJ must nave 'ea
orltventy thousand ool!afa ms long continued
st1ingency has lnuneneea NOT iofeeu many notoets
70 tcAn1e. sua nehee' 10 eae nen a+a
VISION ana ether dealers eeAse 10 "aus 20 4At.e ~
CONN., odauons. INC o1nAa uno themselves more CON. =
Portable. As se1' however, 'ho nss oe
aeeloeo.5 c,oee. . r,o
new ao1A E1Snhnsa 1'o ,..r .a.' easss .n
Actual ianse ., ,,,. w. 80 go 80 -
A@s % w a,,osa IT, anS 1.s, sor.s h~n1.r
- - H1,f 49, ~ ,na .v;I mas ,hov. 1xa1o ron IA
Eaa-, a., .hs ,.rre ,ons.s courede tha 4 from ths
rnnar aenr, m ronnd lots to customers.
fioId tn New YORK opcuei at $50 4. NJ at 157x-1t,
16.-l2 II. 1s1h-3P II, 1s75;, closing at 157Y. The
brokers here had m active dny. There we1e good
many sellers IN town, mostly from the county The
market opened at 156, declining to 155H and closing
at 156.
Silver Is firm and In good demand at tI9lD.
Legal tender notes are In active demand at 4 buy
Ing and " eeIhus We note, also considerable inquiry
for CANADA money at t5j@1s5X- Much more could
Lnye been placed 81 these figures than could be found
uron the market.
|: The $50 LOAN AND TIE Issue OF TIE 1910 Bonds.
The wnshIpcton correspondent Of The n. r. EVEN.
Txc poar save. fhnse a,1iasnr mo mora FIvetwrn.
~ troswith cu cxcention. subscrlntions for abont
Geeu millions Of these bonds were ao in exces, Of
tc .,,oU sut1o+f,ad hr law hcfnre tfe government
could sp1T e .he country faes shss ali
honds'Hcsa sold. Mr.' chaAe Will supply tAese SUD
.ebe,i h.' h. t.
eanze e's ~ - ~ sao,t :,
ercees ve hundred millions ad hora.sa by Con-
gress proposes hereafter to bay In the fifteen tl-
lions whenoyer he can do 30 at p:F' He cannot 40 ~
at prescn and shfewd ananclers say that be cannot
ever 90 H. 1hc very lacs taas no u a. Ill WIG
mt rket to buy back Ills o~u bonds viii. or COURSE
have a tendency to keep them over par. -" s.--
1t Is tfue as has been stated that the Secfetaxyhas
been been paying of creditors limited amount with
the five per cent Treasury notes. The effect Of these
payments been to dcpsess gold at least such Il the
clfm OF The government Anancets and hereafter the
lcfal tender bonds will be fssncd In limited quantities
10 cre,,ors Of tho rovernmeut The Working OF this
n,. TO-. rn,1o,o. .roatio- nresen,a b,a cts,,a wa
,1, ss, -, w. s.t aav ~ Irnn.rv Nd IA n,Jd in
,nt.e a.1,t cer,sncatca am, fve ner ccnt Treasury
...eo. ~, 49, ,or .a,+. o,, ,ate, Fahr,arv1 lat
a - ,ha tno ~ ~. g-.ns
sn.;.a....s,s+e ~. ...r,. T. th.t -. r.tsins
sn n 49, ass ~ ~ 1nt.-ost 80 ~ ,,I. ~
raan.,, ~ ~. 1n,ee,saS ~ .nr srnrocI,h,s sr+ant
- l.. ,n;s thn-"eara thst ~ ;ssMn nr ,hr., ncte.
-.a.s,. atha- th.r tostars t,ant.or ND s,rrnl.
1y.u >'' :
II, tim r, hcnd. n short sfr weeks frnm thn nvez
ent fne The authority far ther ,sapa ia ound in tbe
o,n rrt .nnrorcd M.rcb 4 1a6s and tba rvact Ian,
rnnre ts a. fol1ows.,
.T1te SECRETARY Of the Treasnrv IA anthortzad to
Gc1Iow from tis time On tho credit Of the Goisod
6tates, , Suna noa @ e1Gsea!ns tnfGo hnndrea % %mons
for ihs NEXT 1scai ycar and e, iasoa tIerer cnnnnn
orregIsteze1 bonds, payable as the pleasure OF the
government :tlcT such ncFo1sM M a. may he nxcd BY tno
Inn tnHiv - Vcn1a s ram Ia{s IN aS1y N he
Interest 1t rate not cxcce lin. Ax Der cent Der an
num-"
The principal "a we'll rs interest Ia to be paid In
con, aHd 1t is considered probable that the Interest
will be Nsed at I've per cent Instead OF sixs which
has been paid OIL the 1yc-twentT bonds. -
There are several bills before Congress which aim q
blow nt the speculation In gold which Is 40 rampant
In ont large cities have reason to bccve that the
Government approves OF oue or two Of thcse bills, or
lnot OF any particular measure. at least OF the pr
cple involved. Oae proposition Is 10 tax NIL holders
orgol Mt high 1ate. It'll said that it viii be inpo
a,bte to collect taxes upon transactions IN god for
they will be concealed, but 1t is dlcult to conceal
the precious metal, md tax imposed upon that, az
ccpt held for certain proper womb really bit tue
speculation In it-so it clainlcd- y. =
TIE n. o. MoaxY MAnkE7.-The Era Of the 18th
Ba,s: The money market tus exhibited but few turtua
tIous and OILY moderate degree of acttyity during
The mast eek, Exchange. hoFe7er having s}i1htly
md Specie closing at about Last
asures Our leading staple has been in good REQUEST
nnd ovipr mnnly TO 4 decided fallinp or In thr re
CENTS tlc total for the Eeok intending 1fhera, nj
iovantr for se ed cotton &c. being onv a57 na,es
AGAINST 2.44o lsst week y and the limited snppv on
sa1e. prizes hare ADVANCED from 1k6aac q n. Tee
.a1es hnyc hecr. to fair extent. sufficient 10 have
furnished basis or mora Exchange than haa hern
offered In our remarks. on last Thursday. m ,llu
ed 10 to return from Wa,btuEton Of the ca.h.er or
The First National Hank ofNew Orleans. who ha mi
Glcd ,s mission to comply witt, tao reau,remrnta or
,hc law preparatory to It's going Into actiyo opera
ton II il now of ca,ly announced that tho isan1.
hs teep dcssuattd ss Government dcpoaitory. and
viii commence business On Monday next
We hare asaIn to notice quiet exchange market
With on1v mo1er.te sunnly Offering md Npht ,i-x
m:nd. yfthout rny ouctablc chang. In rates. Tho
honke continued TO check on Now York at par for
small amounte. and psrteH q cent discount for Iar,er