, 1864-05-11

FINANCIAL.

TUESDAY EyRH1sa, May 10. 1851.
The demand for money IL As brisk As ever to-day,
notwithstanding The present epathT In mercantile civ
Giles. uoldeI7 OF produces at wt4e marglas. By ths
events transps1ng on the Potomac, End It necessary
TO continually enlarge their aEGii SELL nsorers
1ks They continue TO choose tho former hern fths
dilemma; but We think they will ind tho othe. horn
the safer and more popular ons IL few days. We
have faith In Grant, and thluk ha has u.t conmeocel
Zig job the completion Of which will establish his
petition umhsteF workman we might say the mas
ter workman-ln Ills line. II he docs 10. then good
bye to star prices IfIt not for the premontiyc
tictlms We hare named, tho supply Of uorey would
Do abu1 daut and the Apprt hansion that many feo-
NO doubt Bertus,y-ln view OF the change In our
rcncJ, that como sort Of panic may reach N. would
be entirely relieved.
The exchange market hiss experienced 1tsle or no
chsnKe todsy. The ratio established BY tine bankers
on Saturday night IL not generally adhered to. Wo
belleFc that most OF the 1ar<e1 bankers continue to
sell at 10 their best customers. aud very rarely take
mora under anj circumstances They 1omettyes have
Il ply alu ost the selling price to get needed sup
ply, hut = fair nominal quotation is 2s3N cents.
The gold mari ct In Now York hAy bccn steady TO-.
dsy II yesse1ca ciosing qustaons there being lIt
tie o. no information from The Potomac battle ieds
beyond What >;aS bcforo the pnbl[e yesterday. The
following Ii the rABge h autographed to Ja1es Boyl
Esq.,, IS CLARK streets; 10 \. n-lesH; l1st1e7h; II
u-lesA. closlsz at tho second board At 165. This
market here steady at 1d56lss, with quite IarEs
trArsaettona. Fear Of Grants proTess creates de-
t1fe In tho hexss heldefs sel1 pre4ent quo
tatlons, decidedly fearing decline: but hoping for m
adysnca, Silver dull st 1s5. LegdJ T<nder Notes
are Eerv plenty Notwithstanding tho exertions OF
many to create fears tna enpueh could b per
susded INTO the city Of CacAzo. pnuer any circut.
st.nces, to s7ppJ ouerhaf, Or even oneQuarteF tho
monetary necessnea Of our ely. Tho buylng rAse Ia
Y; selling y round lots could be had. Government
40 bsIds in denand-buring lo5H; selling 1863
lctk-
Further action in regard TO currency matters.
which took place In the Beard Of Trade to-day, will
b found more fully developed our fourth page In
city matters.
The n,eseures which Mr.. Secretary Chsse, ruu1or
asys, intended to adopt With view 10 le.aon th do
probation Of the currency. bavx not 10 taken Official
ahaps 1tls said. however, In we'll Informed circles
that he ntebos to laus no more i've per cent legal
LENDERS, and that shoso which IN circulation viii
be- n soon ~ poaslbie called IN and cantaed. Tho
most en- nett financial authorities arc 10 favor Of tho
tt seven per cent Treasury hotes IN pls:e Of
feie i've ptI cent leeA1-ttn3ets: or these ye Der
cents It t. argued. could be vetted into seyea per
cents BY telrT officially stamped Al the sub-Treasu.y.
Suck notes. II aut1orzed could he emitted at Far In
amounts sur1c1ent to supply the urgent demands Of
II Treasury aid they woud not .nats the currency
inssnuch a. they mat be held ~ Investments, and
however, been p7lated ont that whatever measures
are dect there need OF their Immediate sdop
ton for The notcs OF the National Banks are In
crcasi1E, and now exesed nssn millions Of dollars;
moreover, On the ttst Of June En1t hundred and
fifteen millions Of lwc.year 1ye per cent. Treasury
rstes will become legal tender currency II they viii
then loss their 1rst coupons.
Cu1cA Go AaD DAL1oH EAILno1 D DCoApAny-WeekIv
statement Of ea1n1ngr for she week ending May tn,