The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1867-10-11
DOMINION OF CANADA.
SPECIAL CORRESPONDENCE Of The HERALD.

| Increasing Demand for Money-Nine Z.
Twelve Per Cent Asked-stoeks-D,Arcv
Melee Becomes Teetofaier-A Review
| OF the Montreal Garrison Ordered.
MONTREAL Oct 4 1867
the demand for money is increasing here, and the
OF interest advancing Nine to twelve per cent
is asked for money, according TO quality OF paper Bills
OF exchange are also In demand eight and threequa
tiers 10 nine premium being asked for bank Many per-
have TO take exchange the banks to induce
discountA This is now a common trick IN banking
Parties not wanting exchange have then sell the bills
10 realize their amounts and meet their payments.
Stocks are affected by the scarcity OF money Bank
stocks quoted as foliows:-Monreal l33x: Ontario
Ioak 10 1854, Toronto, ll5H to ll6; Nelson's losx
Commercial Bank, 40. This bank was reported 70
bs very heavily with Buchanan Hope Co., OF Hamu.
ton: but Il has since been announced that the bank
hods good commercial paper for most OF It's advances
The capital OF the bank Is, however 10 be reduced,
70 mses heavy losses The report Of gentlemen ap-
pointed lately TO look bank states
that the stock should DO from 100 TO e0-that
40 per cent struck o. This only be done 10 cover
very heavy lossea Tho capital $4,000 ooo all paid
up. and 40 per cent OF that 10 600 000 No dividend
this year for the Commercial Bank plain Mousy
will DO still tighter before long.
At the religious temperance meeting Sunday before
last Of the speakers SAID that having business with
Mr. McGee he took occasion /, gratulae him the
noble stand he had and him the joy
he had gwen ai good men, and OF thor earnest desire
that he would prove faithful. Mr. MCGEE sad that be
had made his mind before the aio election become
eetoaler but he had delayed till after hat hal taken
place. fearing that his motives might be cons,re cd INTO
desire to make political capital On the Sunday Alter
the election he said 10 his WIFE, TELL The grocer to-mor
row 10 come and take every OF wine and liquor ous
OF Inc cellar have made up my mind 70 have nothing
TO 40 with it," Thus spoke D. Arcy McGss.
The speaker at the meeting who narrated this said be
hoped MCGEE would yet become the Father Mathew Of
Canada, and carry banner. presume, when would
be lettered I'VE drink only cold water"
This is McGeos last metamorphosis at least have nos
heard Of any other. though another mgnt take place
review OF the garrison Of Montreal Is ordered for
to-day on Logan farm tn sa pie1e OF ground now
belonging to the imperial government on the outskirts
of the city. It is pretty OF plan, wood and
ravine. and ID suitable for review, drill camp
ground, to which three uses Il Is put
Among the regiments In CARR s the Sixteenth.
which, with the Forty.sevonth, formed tue column
the Niagara frontier during the late Fenian raid The
Sixteenth IL known by It's yellow iacio gs collar cuffs,
&C and tunes OF brick dust color The men nearly
all Irish, and good lighting body, although pre-
Very cool wealhef here now, and svsryDo buying
nrewo0d
Ottawa-FOrelgn Orders and Decorations
for British Subjects-Bank Statement fer
the Provinces OF Ontario and Quebcc-Jsa
Davis At st. Catharincs.
MoxrRsAL, Oct 8, 1867
In future the Governor General viii reside Ottawa
and this will oblgs his ministers also to reside there
that will longer she spectacle OF fixed seat Of
government but an tnerant ministry.
despatch has appeared in the Canada Gasete (ofbciA
psperl stating frequently occurred oe
foreign proposing 10 grant decorations and
medals 70 British subjects residing in the colonies and
those orders must be without permission bv
warrant under Queens sign manual SGT forth u
regulations published respecting them.
Tho summary Of the Banks Of Ontario and Quebec u
as follows
Capital authorized 81, 400. 000
Capital paid up, employed in Quebec and On
tarf0