, 1869-12-11

Su1p|pk k0lQ..ss.. $1l3, ,QGsO4V
Here u = sum Of Eurp1us Go1i ncarlr eqosl to
III Its demand obligations. which tac gorernueat
mukt either sell and Apply to tho reduction Of The
!ntezeatbcar!ng debt, Of else apply 10 some shsp.
10 the payment or purchase of It's past due ob1isa-
ttora 10 the grecrhacks. While then, Il is up.
parent that tho government can not Eoaaue It
once, 1t In also apparent taAt II such ueasnre
were deslrahle (which on so1e accounts
Ia no'> the absolute payment Of
ii! the grrerbaets nt par IN coin, within
period Of = little over four yearn
eniIrrly within ita power, A.ns1: II might seem
that the ocst bargain fot ihe reopie would he 10
usc This three huutred millions Of ruld In huy.rK
up the intercAt-htas.ng cess while 1t u yet at a
discnunt IN go!d>, and 10 stopping the Interest,
tut this docs D2s seem to be al that might be 40
caupilAhed with 10 large sum. This gold ouaht
In tome way. to bo msdc 10 hare au tat1ncncc 10
appreciate the rslue Of the s,ss ooo "a Of green
hacks and It Ia not certain put that It's uee 10 that
direction would advance the credit OF the govern.
ncht Eorc. and DO morc loHprd occurring
Eew loan II ~ per cant interest,
than ty mating no other use Of It thau
to buy mp the prefent bonds. In rr-
patd to tho resources Of the National Blhk& tor
coin: they hold COW about sso OF the,r own,
thcJ get IT.. OK. 900 per apnum interest on sAcr
tonhs, and for mora that they would need, they
hAve TeoouEss to tbs enneta1 market, where gold
q becoming moro and moro plenty u lous ~ the
expectation amounts to almost nothiag. and tho
product Ok tho mlneo u II the Iata Of al1tJ-stx
m!llionl p1 aDnum.
There has s'een scarcely any change in the con-
dltlon Of tho local tnohey marker. the drop IN
WhfAt to-day made some speculative sppllcas'oul
1t the banks from parties who des:Eed to optrate
In anticipation Of \ rae, the price being now Ut
HHc cutrcncy, only eskc per bushcl IN gold.
Motley II, hoHeyer, too light for such applications
To rrset with Any encouragement, and baukera
say they EAre iii they cau DO 10 meet the ies!t..
mate demands Of Tho packing trada; Indeed, tho
wtlntrawa Of hank funds from tho wheat trade for
tho use Of rackeF1 Is alleged 10 be onc Of tho
causea Of the decline Of wheat In this MARKET
There sfe ai.o evidences OF nnanciAI difficulties
among wcAk ntEua In other hranches Of trade. nud
We bear to-day Of the failure ot d conceru In tne
coal trade md anosher In the tobacco Trade.
THIS shipments VI currency to the county co.,
tinut ACTIVE, ard hankerr, lnJalHg from the dI,.
uieta 10 v hlch the m0Lcy IL sent, thtbG tic gyc2t
bulk OF II IL to be used IN the purchase OF hogs.
vtry l.ttie Of II sotng 10 the sections devoted
chiefly TO gram.
Exchange continues nrn, aud the demand At
hank counters IL very large. HankelA sell 10 co.
tomers ut the counter al Lilo rrcmn,m Rad buy q.
l-ie dIscouns
Sales at the Stock Board TO- day were;
fstt0 G. & o20t 1st5 ne r tse1lcT Isl, At. .16
{af40 Z. s : ~, la6a. ne = teller al>, at...ll6
$alDo Caif1Ep DoCk Company. 81
tatso AnerEan god tseler ,1s.',
The following bids fer, and otreta Of snsc1r-
1cu, and local stocks were Also 5n7le a. the sts-
s!en ci Ito Lcard this morning: