, 1866-07-27

TuCnspAT ETESISa. July "a, 1866.
Ii has been reported IN monetary circles for sew
ezal days past that there Was such lasse srenmu
lation Of National Bank Notes in Nes York, that
they were at a discount, and that bankers were
lending them zclthom tnttress, On condi,loa thas
the borrower would pay In "g1etnbacks," We
Lave nolcrd that fof come lime past there was an
unusually large supply Of Nat,onal Bank Notes IN
New York, and The reports which hare gained cur
rency mby to some extent be true; hut az long as
each National Bank ts compelled to receive the
Iotea Of uthe1 National Banks at par there need be
10 fear that they will be permanently discounted
till ..rfrc1hacks'' are withdrawn to such extent
as 10 make 1edt nption more d,ieuli than it il Al
present. The decs,ou Of the New Tork Clearing
House that all balances mr:t be settled IN Legal
Tenders, has touhtless something to do With tho
Irregular proceeding referred 10.
The telegraph this morning informs rs that the
bill amending The National Bankine Act has been
postponed. THIS Is the bill which provided TINT
al The National Banka In the Cplcd States be com
pened to rcue1m their 1ssnes either in New York,
Philadelphia or Boston; and we have no doubt that
this pto.lso Of the bill caused II to be laid orer.
The II estc1u members were determ1ret that the
bill should Dot pass In that shape The capitalists
ef Nnll stzcc. would no doubt like very we'll 10
have Ill the tankirg reserves OF the country con-
ccn:rated in New yctk, hut the West has some In
1crrst In this matter, and Ee4tetn members are
pledged to project Western interests.
a. Congress a1joutps this week. II ts not p,oba-
bic That any Important financial measures will be
dspo cd Of til next WINTER. The senate Loau Bill
WIS diecGescd In The House yesterday Aite1n COZ,
but II Il ve1y coublfnl whether lts friends will be
able 10 push 1t throrSh before the adjournment.
business To-day was generally quiet. The war
pe~H ~ the Htbeza1au caused a tir1ucr feeling IN
Produce hut trade genetal]y thropgnout the city js
dull. The WITH weather Of the rase tao week. has
driven a large number OF mefchanIs and others,
with their families. ont Of the city. and those who
arc here do NOT feel dtspoeea to push business mat
tezs sc1y enc1getIeal1y.
The money maEket remains easy, and prime
pspcr ie freely discounted at the bauke at 10 per
ccnt Per annun. The supply Of currency seems 10
be HI pie to meet all Legitimate demands.
There is comparatively little Eastern Exchange
making and the market Is very firm at par buying
ard 1-1G premium sclitrS- Round lots are in de-
mand among bankers at . PREMIUM Of 59Gd0c per
thousand. The demand Il moderately sctire, but
It Is not unusually heavy. Some Of the banker,
however, have to send currency daily to New York.
The general Produce markets to-day ruled frmcf.
Flour was active and sc higher. Wheat advanced
4941sc On regular and eG5eAe on North
western. Corn IVES more active and drn-
er. Oats advanced 1c per bnshel. Rye Wis
lomina]. Frc,chts declined &c on co-n 10 Buffalo.
Provisions were 1r1ne,. Mess Pork advanced $l.00
per bli IN consequence OF orders for Noes rosk for
immediate shipment to Cnnada before The tax Of
sa.CD per b.' Is levied.
Gold opened to-dsy in New York at 1i9af, and
closed 1t 14eE. The following arc the quo,auona
te]eeraphed to James Boyd D. Brothers, gold