New-York daily tribune., 1865-09-30
ton planters, who universally approved of it. The
stock is mostly held here and by Boston houses in

ton planters, who universally approved of it. The
stock is mostly held here and by Boston houses IN
tersted in the guano trade.
| The business of tho Sub-Treasury was: Receipts'
s., i22, 422-for Customs, $5SO,OOO; Paymen's'
S. 432 1856 I2-on account of Loan, $7s7 600; BAL
anee, sc, ,426,659 A.
Freights are firm but quiet, and the only eis"s''
ment we learn Of is 500 bales Cotton per steamer
to Liverpool at ID.
| The Cincinnati Commercial says:
Rates q intere,t are ranging at e0lo per cen, On
rood cnstomc,s' rarer There is not much nrs''i"Ss %
paper found afoat in the open marker. anu W o,o Nn
per cent is but little more IMAM @ no,'' -; ,,ds hu,
| complain, of n scarcty Of currency II mnde nu',
tho reoeipis from The interior nave III various
shares been very heavy. il wond mol takn lnucn W
dtaiu io make the market close, anu Drie 'no v hs
tbeir f,yorte reserves which are mainly i'll ih'.rebt
Exchange has been in steady demand The supply
has yared considerably one day with another ou, u,
lie main he market has been close ana rettahceS Vi
lcgnI lenders have been made to keep up balances.
| TIe Ch,cago T,i6nne of Wednesday says:
There was more ac,ive demand for currency to-day,
and TIE money market in some quarters wns repor'u
srlurert bui tie leading discount hcuses were zen.
orally abe to accommodate their customers ~ ~ Pe'
cent per annnm -.
| The demaud for Eastern Exchange by merchants IL
row comparatively light ana the market IL easier pu,
tie bank rates sill steady Mt par DINING anu Nv
| prcmium selling Rnuud lots sold by bankers 10
each other al rar The casiness III the Exchange mar
ket however Is not so much the result of M
supply Of ex hance as OF decr'as IN the dcmHpu, a
the desire the part "f Few baELcis 10 ihcr'uso '
| volume If thelr currency
Tho earnings of the Great Western (Canadal
Road for the third week in September were:
1864 .ssJ 432 1905. s95 AGA c....si5a cs2
| The London Economist, Of September 10, observes
on monetary affairs for the week
The approaching end of the quarter the INTRODUCTION
Of the new Braznn loan tie maturing o1 some hi iee
amounts of Indian paper and the ger eraIy heieasE
activity in business have again caused more eAenNe
demand for money this week. and ~ Only eh''p'o' "
caaes transactions have taken place below - per CONT
Tnlav especially the applications for discount have
been rather considerable, both at tie oans ana IN .he
open market. Annexed are the current changeS io'
bIi.s If yifious dates: -
20 Ia co days. .-.-..o' WI t'".'
| months. ...........-.-.-.-...-.'-t pcr een,
4monihs. ...........--.-.. :: per cent
| 6montts-Bank bills. u per ceht'
| 6 months-Ifade ditto. per cent
The New. York, Providence and Boston Railroad
Company has declared quarterly dividend of three
per cent, free of tax payable Ocober2.
1t is stated upon good authority that at an early
day the Secretary of the Treasury will under the
act of March ., 1868, receive gold on deposit and
issue therefor gold certificates. The act reads al
follows:
"Src & And il further enectrd That the Secretary
Of tie Treasury is hereby Authorized "a receive Gepos
lis of cold coin and bullion with the Treasurer "r any
Assistant TreasuIcr Of tie United states IN sums hO
less than twenty sollas and TO issue ceithcees 's'
for In denominations OF not less Than twenty doh W.
each. corresponding with tie denonlni'lois oi .nJ
United States notes The coin aud hui Ion teposi',
for az representing tie certificates OF dep1st shHb h'
retained IN tue Treasury for the pay men of the rn'
on demand. And certificates representing com ~ 10,
1.t ssd m
Iubic debt which certificates, iogcter with lho''
issued for coin and bullion deposited. shall not al au'
tae exceed twenty ler centum hey"ha the anoun, o
com rnd bullion IN the Teasurv. and The c'rhcs'e'
ior bullion IN the Treasury shan be received a.
par IN payment for duties on imports
A writer upon this point says very properly thai
the time has arrived when this law can be made
available with advantage aud safety. The Adoption
these certificates will be great convenience. anu
saving of risk and labor Mt the Custom House anu ur
at tie SubTreasuries. Tie drawers of gold intefes
will generally p.fer these certificates u tie gold isc
as gold arrives from California or el'ewher'. 1t VIII
:, deposited In exchange for these ceriiheate' to b
orawn when is wanted where the paper represen'a
L tive not as good ss the gold .
Here ~ tie element for concentrating the gold OF N
To country In IL gland snd France bank effects ih
e. concentration. without his mnssitg 81 tie god T.
~, nation can never have its troper hnnncih power.
~ the gold oi the Bank o. Enend were scattered owe
nd the United Kingdom. though II were In local III
O. vaUs II oud not give onc-luaitor part oil NC hhA
cia power that 1t now gives 10 the money ana eoI
CT mct Cial Standing OF the nGtiin.
=, BY pdoI ting this simple process II viii not BE- Nv
years probably not eg hfeen months before the Anl'
as lean pile sud az be Lager than thrt of etVr III
:. gland France. Tie certificates floating in iieu
v gold will have u character like Bank OF England note
"a They VIII in tim. buy ten In Chi a, non III Russia al
e gold aud silver oil along the Pacific. These cetcntc
will BE- al, the metallic sis any bank in The nation nee
s. holi in Icseive. We csrdidy believe that m fv
years tie two Sub 1Ieisuries in NewYork and Sa
Francisco will from thee To FIVE hundred million
4 of dollars demonstrating TO ,he world that tbs naiio
is tie cruicr Of nUEcv POWER.
In tins eDcy is q psper money that 10 one "
presume, viii oj'e o beng made legal tender ou
Z side Of Nev.l lUk huG San Francisco 1t II just
scheme. IdiOna1-d. that tie bullion BANKERS wOrke
70 hard ut before Tie war