, 1865-01-08
FINANCIAL AND COMMERCIAL.
mONETAlkis

SATURDAY EYENtN0s Jan. u 4-oo+
The str'ngcncy which has controlled the money
market during the week, cxiets to-day. In fact
VIC dieroaed to bellevc It somewhat intenslned,
whcnWe state the fact that pork has been sold to-
day at a difference OF 81 per barrel between cash
and thirty doys, which Is paying about per cont
month Tor money. Operators may be able to run
thu mnchine short time on these terms, but not
long. The great scarcity Of money, or course, de-
presses all kinds Of trade, md prices OF all staples
have downward tendency.
Excnange Ia very close. The rates arc very
generally par buying; tpremium selling. There
is occaslonally.a a concession Of m on the buying
price, to obtain currency. There is very little ex
chunse making, and will not be until the railroads
begin to understand the situation aud!ower theiz
frcIghts sufficiently to enable shippers OF provis-
tona to forward their stocks
The range Of gold in New York to-day has been
somewhat lower than yesterday. The market WIS
steady, The following arc the quotations tele-
graphed to James Boyd, bullion broker, SO Clark
street:
ooIn x new yonk-
1ss: 1Ss s@ 8, sS sSS F. F. m::.::;
12:o0 0I:....-........eaGj
The market here waa steady, with moderate
transactions The range was 51at228. Silver,
under orders from Canada, ranged from 2l5 to 2l6,
closing steady at these figures. Government sa}s
arc firm and Eteady at former rutes-lrs} buyin,:,
1C9t selling; 1c-0s are 102 buying, 1927 selling.
-Ontthe first page is announced the otg-niz,-
ton, under the National Banking Law, Of the
"MEHcHANT's NATIONAL. BASK or CHICAGO
The Directors are c. B. Blair, Daniel A. Jones, r.
Il Hadduck, John B. Turner, on1 William Blair,
With John DeKoveu as Cashier. These gentlemen
a5c all known rs among our very best citizens and
thorough business men. II Is, therefore hardly
necessary for US 10 comment this Institution to
the recognition Of those who make use Of The fl
cillties afforded by banks In the transaction OF
their business. The "Merchants' National" will
be surc to commend itself to their consideration,
To-day Il tic last On which bonds Of the 10 "a
loan, OF anT other gold intcrcst-bcaring bonds,
can be had on subscription. The subscriptions to
these tonds during the past week have been yesy
acttye. The Second National Bank Of this city
alone, during the week ending to-day, has receiv-
ed $',1aa $50. This Is probably much larger than
any of the other Eatsonal Bsnks has received.
The $50 Is now the only Government loan on the
market, and We regard it as ono Of the very besi
that has been offered for investment. The Second
National Dank hns made the reception OF eubscrip
tons for Government loans a specially, md will
continue to supply all who WHnt the 730 Treasury
notes. .s
The n. +. Independent Of this week says
stThe old city banks have commenced comins
into tho nnO Of the newly-cfGautzed system OF Ms
| t1onal Banks. The Bank Of Commerce leads, tht
| Bank Of the Commonwealth follows, aud the Dan1
Of the Republic, With several othSs have the mat
| ter under consideration. The new name Of shl
| Bank Of the Commonwealth is the National Danl
| Of the Commonwealth This company has a cap
tai OF S75u, ,G00."
The following IL the comparative statement 0
the exports exclusive OF spccie) from the porl Q
New York TO foreign ports for the week endin:
jan. 8, 1se5:
| 1sC3. 1861 1s65.
For The wcek. sa,s50,15s $.,M6,3B sa,5e6,sl
| Price Of sold.... 11A ISL LIS
The exports Of the past week were az follows
To Bremen, {1s0, ,la7; to Liverpool, s, ,as9, iJ2;
London, $3.50 500; to Bristol, $l3o,95o; to Britis
| North American Colonies, fsa0as; to BrItis
Guina, S15,c57; to British Australia, Sa45, ,15S;
Bordeaux, s64,aso; to cadiz, $io.1s4; to Cub:
&Ga,T4U, and to Brazil, $147,854.
| "A Second Petroleum Stock Board has been C.:
tablishcd in New York, and m arrangement
made to have Petroleum stocks called ut Gail:
ghcrs might Exchange up town. The petrt
Icrm mania is on the increase.
New YoRE SrocK NAnKET.-l1osin. prices fo
cash, Jan. :. 1865, received ~ F. G. Saltoustall
Co., commission, stock and bond brokers, "A clas
4