New-York tribune., 1866-12-01

mediums but VIII provide W
about half as fast as lcgal4endors ere returned
Tho report of the Treasury looked for with unusual
interest by traders debt for their goods and by debtors
Of al oasses The grca, nope with adersupon borrowed
capital is tha, an enlargement Of paper currency VIII DO
made, undcr preenso Of giving the South currency
Tho idea that more cgmnoy wanted IN any part OF the
Union is absurd. In January, 1857 pnor to sc panic the
oirurlation VIA No5'@
AZ present il is as follows
IesalSrenders - 3 0S3SS 09S
Incfcas, n circulation W6l22 l7s
The loans Of tho banks have grown in proportion to The
circulation ami upon,his OF circulation and bank
expansion prices now rs with an insecurity calculated
10 cause ALARM not only 10 those who own commodities
but to the banks holding paper based upon them what
is needed is not more currency but lower prices to bring
tho business Of the country within much smabe volume
of currency than $6S 100000 aud general hqmdatlon
of the credits based upon tho paper monoy brought into
use by the Rebellion II is fortunate for the solvent po'-
tion Of tho community that tho evils OF our trading ana
speculation are correcting themselves Tho time Is at
hand when as in 1857 merchants must take caro- OF both
sides Of their bibook-a proceeding few houses arc able
TO continue for long period The business Of the'year
has not been prosperous, but the reverse and commo
dites from JaAuary, 1866 havo been sold upon filling
market
Jan. G. o6. Nov. "a. 90 Desiine
SuhIlpc Cotton y B ..... 81 "a II
Shdngs r. Y Mills Pyd. 30 "a y
Coal Anthracite y tun. 80. slj % 81 " ~
Wool fleece Saxony, y 10. .7Oa7Jc 50a6jo. lOg2Jo.
Tho losses in cotton coal and wool have been c1uaed
in tho provision trIde and among trades generally All
trading on credit have thor assets shrink, whio
their notcs stared thom in tho face at thorgnl amount
Tho idea that business uow done for cash. and that the
credit system has been suspended by tho use Of green
backs Is reported weekly by tho bank statements OF the
country which report an aggregate Of loans as startling
% those reported January 1857. The session OF Con-
grcss, which commences Monday, will be OF more
Importance Gnancaystha any recorded in The, history
of tho nation end 0) muca caution cannot be shown by
tho community in making now money engagements.
The Chicago Trf5upc Of wednesday says
Tie money market presented features today Most
Of t1i banks complained OF te continued upncs though m
some quarters there fair demand Tor accommodation
The market Is easy though there to De great super
bundancc 0i currency Dcposs show no marked in ea AZ
TIE OF tIer Clsh
into Now Or funds in order 10 meet maturing obligations
Primo paper rcliy taken nt The usual rate 10 pr cent
Good outside plper 10 negotiated at T. Per cent N the open
market
The Cincinnati Commercial Of Wednesday says:
Exchange became ilc Grmcr and most Of the dealers were
buyers OF hcr customers Of 50c OF The stronger position OF
the marie results from lhng OF The receipts rather an
norcls5 10 hc dcnarl B3Dwcfs who have claims upon
their hlgkea have rather css tlhtul IN hefViu ~Oa v
there time Tor others some OF tho blnka OCy
experienced demand fsr euDcGcy from The ntcuOr As s,
a0Jgh not general may BE- presumed that no m1ea
effect will result TO The market
The following tables show The movement Of proiuce at
Chicago during tho week ending NOV 81. and from jan
TO dlto with comierativo statistics: