, 1864-05-16
FINANCIAL ANB COMMERCIAL.
FINANCIAL.

-cx,.,,. s41uE.45 Eys11xs. Msy Y; Il. Nth. ,s5;
u!tnd' Influenced by srrsrE events n the fos'uasc
army, and tha ch.nke vhich eur currency has been
undergoing. the pnss week h1s been oae OF fenatk-
able activity. The demand for ReneJ has been very
persistent, md the supply has been aofs oefa1 '1sn
could hare been anticipated 30 nicely Wefa eVents
balanced between the two coltend1nE &fulss lot
day OF two that tfArsscteps Ut the Board OF TTade
nearly csssed during. The tine: but when tho nsTs
toek decidedly favorable trrn, business was re-
newtd with Its wantcd yigor. The anxiety 1eas D.
some Of the more cautious about currency tnsttefs-
it, probable scarcity under the new basls-has beea
relieved. All the bankers today cay thas Ereenbscks
are Abundant and that net the 1cotekt
will result from tho change. In fscf on this LAST day
OF wildcat dsnasty. can De purchased At
lower rate than any previous time f3r tho last
four weeks. We hear that nost Of the bankers will
continue to receive miscellaneous currency en de-
potit At the rates Of dIcs1nt and send than
1ome fo1 exchange. They will par out nothing bat
greeneacle Nct ,zs1 DanE bills, and such currency
rs rede.mtc u par: and psobably, In short time.
hiDE but the former Two. The brokers have bscu
very busy today In purchasing wildcats. Thousands
OF men and women having from on: to rNenty dol.
lars have th1oDRed the broke.s Offices to dsoota ef
tic trash The current bu1ing price has been y p.r
cent dlscouat, although more hu 'oteh charged when
the SUMS were ansll add the quality poor. In weak
tie g1easy trash will hArty be scan ii clscaaton-
never sEatn, Ee hope. be recognized as noney-aud
eUE1pody WILL be as.catthed that so prnyfdeat Z
HeAeuIe aH Tue C22QfsH WHICH Aa1 DEtE 1CC0WpA3AeQ
Lad net taken place months ago.
Exchange las been much eastsr to-day, although
the rates have underEoneno charge. On Monday II
Will bc much plenty in the ehape Of eastern cur
uncJ, which for some time Will supply the place OF
bills. The rates will ho merely uoiniRaI-peeSally
par buying; Il selliug or pcrh1pB otseouht buying
paf stlirE.
Legal tender notes hare been plenty and easy to-
dey. Most Of the tranfacsions hare beca at u buy
Ing: y selling: although lsres quantities could be
had st les5cr hGRree.
In view Of the war news, tho gold market In Now
York maintains remarkable cquanlrnttJ, the ylbra-
tieas being small under ths tied condition Of tho
public mind Grants empbA;lo success woald drop
1t suddenly. There can hardly be doubt oft; bus
probably not ~ much NJ somo Of tho more ardent
people are led to anticipate Immense auE1s Of gold
are rev daily leaving New York for Europa 70 ray
for trashy ln1u.fes; and CT necessity the.e nult bs
scarcity II the srec!ous me ais upder a.y adTanta
KtouB ciSc1Mkt2ncea which may transpirc In our
c~urtrys affairs This fact wt1l Of course maintain
wide margin between god and curEoney, for long
while, 1t least until We can assert onr sndepen 'encs
0, the foreign RewEAw market. Ths fo!lovt.c was
the range Ia the New FORK market ID E, 11lh;l1
H., III II m li2 s:sup. ,Es TIN. THO gold market
here has been very active, and the ltrxe
Many parties, We hear, who purchased considerable
quantities Of gold few days ago at $780, under tue H.
uercc Of TIC seceeh srEsn IN thts city, which repro.
eentcd cause In Vf1gnik almost hopsltAs, h&ye
told to-day at 10. aud putchaled 1o@o Gorernmsas
bonds with tho proceeds, be1rg fully c0nviac.a that
G,alt is gong to wipe out tho rebellion. ant that
there will be no Investment 1tke th.se &ecurlties
The buying price has been 1se8l0H Silver u 1snier,
but the ofeslpgs light Five twent1es arc 1rin. 71d
wtHted atl&k. d
We hear that the " "3tnehanics' savtncs' D1nt." IN
der the CONTROL ahd supposed to be owned BY L. E.
Alexander, has Jailed. il has always been regarded
haky concern, in fact. It pcvcr had my Teputa.
tor xtaopg citizens. hut By persistent Riysztsi5g
and the oEer OF large rates Of interest," doubt
people, generally that clan least able t. lozo their
ne e1ey, haye been induced to place their masey in
this Institution" What dlspoEi Ion sr Alexander
proposes to make efhis aaa,Es We do not lessn.
BEIT1pEkE BANK. NEW JKnshy-ft will be seen by
anotec In our advertising columns, that tb. Aevtde
Bank, New Jersey, has n1ade Arrangements with J.
Young scammaB, Esq, Of this city, 70 Tesae Its cir
eul4icn In grtenbscks. THIS han< has large clrcu-
la1ton In the West, particularly IN 10 "a, aad this
raneen,ent has naate By It's officers to pr. event
Loldtrs from sacrificing 1t under lie ippscason that
there Is no westcru redemption.
NkN YotK SToCE MA.KKT.-C1ogtng mi 4ea for c4sb.
May i. ls6!. Eecslved ~ F. @. ea}sonftal a CO..
Commission Stock AID Bond Brokers' 81 Clark etfeef,