, 1866-04-19
FINANCIAL AND COMMERCIAL
MONETARY.

"WEDNESDAY ETkSNc. Apf1l 1Ax 1851 !
The case oi L. C. Badeet Il Co., and theis cou-
nection with the B. Il. badger fraud. has again be-
come the chief Topic OF CONVERSATION IN financial
circles. For week past very little has been said
about It. and the public miod had cooled doxn On
the subject till the whole aolr WAS revived Jsater
day afternoon at the meeting Of the Clearing House
As.octation- The fill report OF said neeslu4 has
been dtgested BY the readers 0! the rRlBrvE; but
nc are ut loss to whcre the a:e ot 4. c. Dad
cer Co. has been improved by the Delay that has
faken place. On the contrary, re ind thai the re-
fasA1 Of that nrn 10 submit the pecunAry question
to lhe a1bttrament Of the members Of the Clearing
House, {eyen after Mr. Blair and Mr. Ellis graran-
teed That they would protest A. G. BADGER & Co.
asatntt any loss which that hfm might sustain in
consequence Of suits being brought against the
holders OF outstanding ehecls} hss damaged their
cause IN the eyes Of the puntc. Tho merchant on
Change, who refuses to submit dispnsed case 10
The arbltyatlon Of merchants, hat pref.n to
take his case fnio The 1Aw couEts, Is een-
eyalIy euppoaed 10 have lame c.se. But be.e
bani e. sefu,es to be guided BY the experience sud
Judgment Of the Oldest and ablest tuaucers IN the
West, and will submit nothing 10 arbitration bu,
*.nouot" .. II ,hnt could b, upheld unde. tue re.
futal 10 deliver up money which WAS ftauduteutly
obtained. But II il not cur obje:: TO prejuige the
case. Yc will ths1efose await the report OF The
Investigation ofthe entire H1ttet, from beginning
to end. The public expect thas, and they will be
sa.fsned with nothing less. Any attempt On the
paet Of ihe clearing House 10 treat this AZ triine
ms.tez will meet w1th general indignation
The Money market was reported mo.e 4ctiye
to1y, brit there is no material change in 1ts con-
diion. At present lhe demand tor cutrrpcy /.
mainly confined to produce circles and those b1uks
which n1c largely engaged Ia thai trade report the
ruazke. very close and somewhat stringent; Hh1Ie.
On The other hand, those bank. wnIca are mainly
eDgace in the mercantile srade report deposits In
c1casing and the market generally easy. The rate
of cl=eouut At tht hanls Il steady At 10 per cent
pr nnnur. but Inferior paper Is A@sbavei" On the
slteet n The rate ot l6a per cent per month,
Esflern Exchange IL IN very active demand, and
the market Il ffuer To-day. The supply is 20 1ch.
1hat tho.e banke nhIch usns1y hare c1ca.nec 10
sell to their neEghbos, have to express cu1rency to
maintain their ra.ancts. The rates however, ar
steady 1T psr burtng ana 1.1o premium selling,
The prodrce markets to-day opened buoyaut md
excited, hut thes closed Irregular and rather sseak
Flour w. in fair demsnd, brt buyers and sellers
vrrc apart. Wheat opened 70 ic higner. bu, closed
111Ac lower than yesterday. Corn was tim At
1,<e higher Rye mas frm. barley VA. dull. Me-.
Fork was heavy and quiet. Lard MES nlmer, but
not Te1y nctsSt.
The recent advance In Wheat his tauted hasyy
1osses among 'tshott fe11ets, - but ne have beard
thus far Of but few failures to meet eneasemcnta.
Gold opened in New Iork- to-day at 1.6l;. de-
calned to 1253;, and cio.ed ut 127A The Following.
are the quotations teiez1aphed 10 James Boyd d