, 1869-01-17
flNANClAE> AND" COMMERCIAL.
m0nHrAhT.~~

Sxxu1DAt Evzk1So. Jsn- f8~
There hsa betn a vtry active demand for none,
dur1t the whole Of the past week. .Asste baake
be deuard has been pretty freely met, eaa
1lo1ey bae b. en- e&sftr tttn during the pfaVaons
week Few, hpwsvef, hat tbs REGULAR eustoroetf'
ahcsc average depoeite and puf;hsa-s OF s1-
tha1 e. etc., make their b1:tness vs1nab!e TO ne
nsnkst have hcan able to get .eeomrod st1cns ri
It the legal ten per cent Other borrowers VINO
ret morey through brokers bare been paying t:p2
II 10 I per cent per. month. Ard considerable
sraoutsa ffst hpktLeaa paper ~tih ono name
could te purchased At ,hat lttc now though there
is much less bcitc udtrrd ttan ten days ago.
-Edrtte haekkrs who E4ke It epesaalH to
buy seA eatate Eott2aGza, ATE buying than 1t
rates that are equivalent 10 interest 1T the rate o.
hom II to Is rer cent per xrnuu- Loans can be
nc. oi4ted On nrat-c!sss uLencumctzed b1Alnsss
property 10 half Of Its cash -aluc 1t 10 per cant,
ard eomuissIuu tAnktnz from II 10 per cent
per Arrnnn, hnt On seaLdfree property conarRis.
slnn Of from 10 per cent per annu1. IN proper
ton to the Class Of the properly, tbs arununs Of
the loan snd the length Of time. Is charged, abort
1oare aEd email auount1 being tharEed the
Highest rates. Tho class Of capital whtth Eeeks
this particular kind ct fnves:msEt il thought -
be in te:tet supply than a wtek ago, nut Is not
plentiful Jet.
Thefcurre1ey movement during the week has
be<n hugely Affected b. artificial eau4es inoe-
pcrdtrt Of trade. II is the custom Of ths banks
10 make cnrf.Ict with the express companies
fcs The 1anspott .1,on Of mtl1lou do}lats daricE
The ytsr at .peclted rata (sDc per $1,000 duz1ng
The ps5i year ard in which they agree to psy for
the ,ral tpeEtalon Of the xhnle atnuunt whe.hes
hsy thip Il al, or not. These cont1acts expire now
IN & few days. AID ~ many OF tho hauka hsd not
skipped thelz full quota os currency. and as e1-
ch1nse was al premlam they shipped largely
md sold exchange against It. the price they got
for the exchange being elear gain. TAis E.oSe>
nett CULTIVATED to day bJ btcaking exchlnGn
Gown to par, aud one hank, At ,esst, fearing that
The currency shipments had been 80
heavy ~ to make exchange te1 1t
discount, ard nrdirg that III contract
With the express companies was not full, ordered
considerable ar ounr Of currency iror New
Yo1s. 10 that VIE hs7e 1oT the nnnauM eos1c1*
deuee Of currency being shipped bob vsys be-
tween Chicago and Eew York On the ZANE day.
The 1cc1Irahts trade movement II u Wrought,
would, however, Justify an exchange. Sales were
made this mosriEg bet~ceu banks At 50c PCT
S1,OO0 premium, but At the eioee Of business, It
could not have been sold at pa. Al tho counter,
bankers we're tel Inc at 1.10 premium and linking
| at pAr.
Goye,Emfu. Bonds have been kept dowa during
the past ntnk II the operAtiots Ct the ot In in
| New York, who have tndustsiously circulated
etornuIesa r1n,ofs N xeaasd 70 The isA1e Of MORE
6-a0a and have In every Wxy exaggerated tne effect
OF the hn1neial ta1k aEd vlatonar5 tctemes like
General Bntiet's introduced INTO Congress, which
| lave not the ehnes oY = th2nee Of adoption. The
credit Of tho Covcrnment hss teally improved
since fo5s mo1 tbs ago. slough buuds are scatceiy
per cent hfgrer now thau then, and hive rot
advat c.d since the BEGINNING Of the yesr n pro-
portion 10 Rstlssy stocks. Or as much as Was ex
pected from the increased case In money In New
YORK, Below afs gwen the closing prices IN New
York To-Day. compared with the eams on ths
corresponding DAY Of last week. sad also Of tht
| Vaet