, 1865-10-28

ar3 coming In rapidly, md the Secretary OF the
Ttrssury to satisfy those most clamorous, md meet
The c1igcpcies Of the sltuat,on, Is OCCASIONALLY
forced 10 authortze one thera In OF tbs au-
tho1ity conferred By the act, trusting to Coug.ess
for additional leeishtion.
An effort will doubtless Be made at the next ses-
sion Of CONGRESS to increase the Issue Of National
Banks to tG0O, ,000, 600. Tho banke1 At the East
md the all street epecnlato1s arr an1fons TO keep
The money market easy, and they will be at Wash
ington next winter 10 "lobby'' this increase Of
ssco, ,ooo eco through both houses. We srust how.
ever, that there IL virtue enough IN The country to
enforce provision that for every dollar Of National
Bank currency, the game amount Of Legal Tender
Notes will he withdrawn.
The thrty-nlllfon loan Of the Republic Of
MEXICO Is advertised In the New York papdEs- Ten
millions are offered 1t 6oc IN grecnbacks-the inter
eat tins amounting to II Per cent per &nnun-- Tho
following Is copy Of the advertisement
Thirty million do!lsn Msdean Loan: Coupon
bonds bonds N saa1s M, Of 5 $lo 500 md q &C. n
and tctc1eat gold, Ten million dolhra to
be sold at sixty cents on the dollar In T. g. cur
s se1es-intesess thus equa!ins twelye peg cent in
present f1te Of premium in gold. The drat years
interest already provided. The most desirable in
vestuent ever offered"
The dec.sion OF Judge Denio, Of New York, In
taxable, by State and local authorities although
the entire capital OF the banks be invested IN hs-
tunal securities, viii be carried 10 the Suprsme
Court OF the United States for final and decisive
disposition.
The Philadelphia Mqxsrer Of the 18th reports
the money market easter. II says:
1.-THE pinch for money is faitly over, and the fnan-
cial prospects ara bright and cheering. The de-
and orders for legal tenders and National Bank
notes continue to pour In from The South. The ex-
ass so 1a!e5 q si week for prime merchant
The New York Ectnaag Poss Of Wednesday
last says:
number or loans have been called in but they seem
to hsye been replaced without difficulty The cur
1set psetes 81 L 7 ssss1 per cent and
In Cincinnati the money market Is reported
easier. The Gd=<ts Of yesterday says:
Our money market to-day was comparatively
aliet md there WIS more money to lend than here
cal tone, and ihe tendency is toward comfortable
flow Of capital. The policy Of bankers, however.
is stu conservative Que. and rates Of interest are
are maintained at 10l15 cent
Exchange sdfened up to par buying aud 1-lO
Premium selling. and at these rates he markst
c.osed frEn, with demand fully equal to the re-
ceipts.
In st. Louis the money market Ia less str1nsen.
AtS"
count
In Boston, according to the Id
rtTtissT Of Wednesday, the money
market still continues quite stringent,
and the active demand for money has tn no
wise ahated. A more hopeful feeling. however,
prevails, In sew Of the improving condition of the
New York market, which ls now ssid to ba work
Ing with greatly increased ease. Rates hold dsua
and per cent being now paid by the most 1eepon-
sib1e parties for time loans, and elguatures Of
lower grade have great difficulty in passing 1t much
higher rates.
The Toledo Blads Of yesterday, ,has the follow
Ing with 1efard to the tca1city Of money there:
Our market to-day ts entirely without autma-
tfon. 1t Is urged In some quarters that scarclsy OF
currency Is the cause of the apparent inactivity IN
the Nheat market, while one Of the banks decliues
pleading guilty 10 the !" soft impeachment" At ali
eyrnts money bus been scarce for few days past,
at least so dealers inform us. but all concur tn the
belief that the stfinscnry viii be Of short dunon''
THE N. Y. Shipping Listof "Wednesday, reports
the money market as follows:
The money market haE relaxed none or the
stringency previously noticed. The demand for
money II very active, and while We hear OF nothing
being done on call below per cent. ne hear of
many exceptional cnses at higher figure Discounts
are likewise active, and tates run pretty high even
tor the best single signatures. We quote