, 1869-05-04
MONETARY AND COM klMERCIaL.
MONETARY.

NoSn.y Errs,vc Nara
The mort nromnent dnxncas, feature of to-1s,
wa The continued an, ,rpr a.,yance In Tn. mica
ot rola. belur one ner eenr since satu.1uy. and
Win further advance warranted tr the lacis
which have cnnsed the nresent Advance A few
asys aZo VIC mentioned The tact ,hat our foreIzu
trade had assumed nm aspect In which consider !
ablc advance In either gold or royr.ument bonds |
yFas altogether uroh,h1a. before lono. The rrsolt
has n,rrady Shown an aIIyauce OF about per cent
since then. The Immediate cau.e of the ndyance !
In cnd il the nccesutr that IA hccor1np apnarrnt
for thc rcncpal cf t,1, ernort of sn.r.. |
tn nav the bai,nce ront,nunity 1nalnc.
arn}nst II, IN foreon trade Derc,oror., his
h7s been aid. ar rather deferred.
hy ttr sh,ument of Tntet1 Ststes bonds. hit With
IN IN, +htec nast non,ha ,ha lemand foy fa,r,on
,,,xuri.s bna inrre..ed m n,rrh hcronh The ex
r,nr,e ~ ,o,naerc nrnsnco thot nn4u,thst,ndInu
mar lands hava tcc,,ne,, h1t ,,ttIc In Enrnne,n
,nn,ra,e a1,, tno,,h t,.r AZ .,tf, n.
r.net o,,r,c- to- s.n,,.t ,hn-o
~ sss.,,.. ~ ~. s.en,s ..,.s ~ E..
49,. sa.s..,'.. ua. y. w. .1eA ~ .1s.,
!nu ~. 80 aas w..
~. s,'MA1.. oHn ~. ~ .'' 80 49, aeS W. sHf
=. va -. ,,a. ~,
s,s a, sns 80 otno ~ ~ ~. s... ~.
49, .u oouua NV 49, -. 'e4s 49, sa.t w. -
ko'ue wv " .Hc N"onas "oula AueicAee .nc
ftiN, 80 .4 se ~ ~ ~. - uess - Me5 -
s0s e.9hea w hu'aAee 4.ou ~
III ne Mue' ps vmus
~" IA tus nes NetN ~ "e. ~
A1ge eapoats VI saec'e a1e HAely ~ take psacc
aSain oeQeuoh uPoa "netac1 oouus "aa coaunue
" ao's@ce " europe 20 luak h2eculatofs ean snlp
tnem as latgel! as heretofore. 1hcFc arc several
tac5 .aat Po'nt 10 olnun!salnG cAloll OF oo0ds
aHa nisnel p9lcs lo1'gola: flths' eae supply OF
oonns ~ AnesAean m1keIs nas 1een elca'v
a4manshed' anu efen shoe9n thet price eonuanes
~ aot"aNe' &C s"ci -" os s1au .oi - p"~ t1s -
uaosu.1u' s.l.heuAe u Doaua "hleA u.ee o,S
iAo"1. ~ N"a .e'e's' ~
~. .s". pun s ., - '1t,s 80 ", -
.o.' 81 tse Ne y, t''.u ~" 49,, Wv =. su.'
e4use VI osP1~1.''n AoIc "onio es.a " aA-
tan' tetuia ~ VIC t''ee y. w" )" some-
a',,s. asa. 49, Aa', -s'' a.ow ..,. sns's
..1s' ~ . y. ne
rot,' y. ~. n.<ta 'u.' sv,a -. ~,
~ ~ w. ~ ..n,., W ,na ~
".es ~ 1 a...', .ws,,a ~ -. .s,S 80
~. ,o,,.nS s t. ~, w.. arttos ircr.,s.d ns+ q,
,nr,, ;ar-s, y rrono,1,on NJ mn fo1cIgn irads n,
1nr snor4a e. nv, tronaartct, On = md h, sa
thnt tyr dna h, necrs uorIcI TIM TART In ,,cr rr.
ru,an,. Dcs,1cs ,niz ycry iarcr amount Of r.Il-
way ..nd other loans, rasahl,. PRINCIPAL and ID
,c1.,st IN ,,o,t h,rc l,rn mt unnn m. ~, .lct
.!nce thn, ,ier,s,on "a ,har Il vouti mi narhnna
h. far OF, Of the way to es,,m,tc the a7,an: ~.
indrh.cIn.ss frnm rnyern;nen. ~, ,-.f,u
specifically, payab;e In rold. a. more tru1 ,i,.
what II wa NJ tIs dine jast vear Eet,-. m. .ls,
cisLon 0. the su,,scmc Court col1 u;,s s.:vseis
comnq4lity end IN thai character WIZ r, pc,
alrpa,l whenever II was not more pr. -a,ie 10
shin houds Rut bk TINT decision It ac1.arra also
tho character OF circulating medium of which II
had eccp practically deprived A rear acp. Ind
the Secretary OF the Treasury ma,e tho oeiclal
announcement that be would sell gold ercr7 week.
tus, ut a pe.od when there we're tweuty-ryc rul.
ions Of interest due and payab,c. NJ on the first OF
this month. il would have depressed the pr,se oI
gold three or four per cent Instead O. which. the
experience Of the present ts t,.a. tho price has
advanced between two and three per cent in the
| face of both Of these circumstances,
But it Is not only In the Atlantic States that the
supply OF gold u less IN proportion TO the demand
1t Is only week ago that the Chamber Of Com
merce OF. San Francisco telcy,aphed President
Grant. urging him. In view OF the extreme St1in-
| Rcncy OF tho money market there aud Of tho ne.
ccs>tiea OF The 1ncic coast, to withhold his cou-
| missions 10 tho new appolntees to tho Mat for
| short time az tho ehanop Of ofy1cers of the Mint
| wuuxI prphsbly diminish the COINAGE for time
AID 50 increase the st1tnxency. These facts tnd.
cate an Increasing ecsrcitr oi pna IN nrnnnrti IN
TO the demand, and Also ner source IT demand
| for gold a. uouer that has mt ertssr{, bs5o,.
since tho tuepensioo OF knecie ravmentx and ope
Which, In conjunction with The cxport demand
1 which now seems imminent NAV give n new and
unexpected turn to financial arairx
The loca, nonrv no.,+s, r,,,,,n,.. - ,.,, .-
csae and hanter, .,o ~, ,.n.n,..s.,, ~, So :.
| monet il n,entv Tn- craatar ac+,rt,r - ~ ,ne
cra,u martets And the satt,snan,s ~ ,,r.,n
| sr,tons usn.1iv Inc,a,r, - ~ h.ss,s,. =. ~,
! month have made a t.,ot nrs1 rnnrc ,rt,yttr IN
the checking and ,lerosit1n1 at The hanes and
slightly increased the demanil for yn.n.7 mt
| money Is stu accommodating faster thsn the de-
| mand for IT increases
Shipments OF currency to the country are iussg-
nireant OF any increased movement Of proascc
yet: >->-,. -, =.
,o,, eee n.aas ~ va ~ soa ana W.
;er sl.too rTemuu,. though IA he u.,crnoan #
sons cor asyc been seasas % for - s cents sa soms Of
,hc naurs- hovcvrr vere nnen.,,ne IN sttn rn1.
reAey to aer YORK tn anticipation OF eon1san.
,ncc ef The ssarcsy As TIC a:s'osns Of sr,a gong
Of the year As.af counter, bankers wens selling
10 premium. and etu trg a par, for bankers
ne ana oa.sa ls oS 10, Io s :, 1a
which Is decline Of (. teouso, oxtnr to the nd.
N Ee the ,sen susrsnsy quotations In New
INC totsl % earnings Of u ,as cacsso Northwest.
trn Railway Company for the month Of Apzl, 7s:S3,
were 1,osssa's. showing = decrcase of ss,a19 as
rrIfh enrrexYsnnd{rh rnoneN ~ ia
N01'a '-sa W" 49, >ee4estro14S snou-e4 ~ AsASs
scar. The total earnings for the c!eTcn months 81
;rn dsral year frn,n limo 1et IN tba eh.h of nri
80 . - - w 80 ~. y. f,a'
"t't s's.>ISs@. as1As. s1ltseAoso uosans tae
saa.e p''our. .s ttes'oos nssn sca'' sao~ A1s
Aa 'nc1esse Oh s'z's'ss' ous1ne me As6 e!esen
nonlnS
1ne fanh o1 hneland fetuzn for the week end'
'nH -.rs! - vas unaa'osao'e' showing decrease
Vi 4@ttsa ~ 'alhon snee me pfcFlohs week,
upon which tne London 7s"'s. OF that date re
u~s - ~. ~ se.nse.va wan auet "'' unaness'
tnch AZ e ccn'crtEt:c The cale2cnc1 i tae ibid "a
ssnte e't made Y the rasr II discount 1t the
sSn1snS E, " sss1 ihf rrEs = now :iE.l te
ny - ". w 1o>a-,nr ~ rt Hn ~ ~, q t. - i,
j1tSr ,n,e .rcn, ~ I'M ~ aa1a. w
i.1ma.r NJ thr r,ir ~ IL or M renr /, L. M. t