, 1869-10-17
MONETARY AND COMMERCIAL.


SArCxpAT EVENING. Ucs- lG
i considerable Improvement In The t0nultlDn Of |
local r1ances u noticeable rs compArsss with LAST
week, md thers IL . bettar feeling apparent
amo3g business men 8eDeraliy than there vas II
The beginning Of tho week. The trEs1 pf1cea fol-
grain, the ret!el which the National Banks In
every part Of The country feel In kacElng the tine
tor their statement. and the 2ccuE1ul1unE supply
Of money In the Eastern narkte,--l these GU
curusts1ce4 fa1as much mora sat1st 4:aoaJ eou-
dillon od nnAnces ne2r wetk. To G!rc m
approximate idea OF The relief ahat may
h+ expected ircu the areatsr freedom
with which the National Daok4 viii extend thetr
lns1s inss after = 6ta ent+ Mo refer to the to-
sifac. pt the last statemcnts uzde b5 Ill the Ma"
rtunal nAnlA In the Enlted Hta1cs ca June II, By
uLIeh = md tnat the aggregate lcana and dis.
counts Of l,sso banA1 ~tre &6sa, a,ooQ,od- Il
Nc suppope that tho banks, In the Az
erz2e, Increase the.E lo&ns only tstce- Per
cent a!ser the Etatsrneus! !: vt11 be Heen thxt fdn
would g.ve - t1c.7xte OF 57o.b0o, 100 Of bapK
accommodation, TIE henent Of the greater poE-
op Ct .h.cn I'll be felt IN the st1tea eAst Of tue
Mu.p>pp., aud north Of ,he unio Mvsrs.
Though the direct bentft which bor-
1oKers in tina market would expatenoe
nom AnJ greater freedom With which
our LEGAL banks would loan would be cotupssa.
lively *nal. It nuss be upparent shas the genera
reNet ~il affect our market b. enabling Eastern
| grain and nuu dealers to nuJ, md Ealtarn CON
! utkslcp cnust2uees to advance On shlpascnts
| Ftom thefe circumstances 1t seems re4eon4has to
| expect an casier condition generally.
TIE due spposuted for the statement nf the
cundtttou Of the National Banks Il, probably, tht
| uoat unfaroezhle one Tor cledltanae Allowing b.
| the banas Of tnt1 city that could have been e
| ,crsed. as theJ we're experiencing. during lAs
| week, bcaster pressure Tor lo&us than It TN
prevtuus TINA thls year, snd u they make aay1hao1
like ! respectable Allowing IN shelf Forthcoming
sta,eue ents, II maj be accepted a. valuable en-
dence Of their general 4oundpes8. ~
The panka are accommodating ali Of the6 feGu
lar c,rssoress who are entitled 10 aceomuaosahoo
=. 10 per cent; tu1 there u considerable good n
ft1 made b. parties 10 raise moneJ for specalaslv
pu,poees, and sood deal OF veil tsecured rea
| ssrase paper reti1ng IN the street II about pe
| eens rer month 4 good ceal Of c&alsA has bee
,iraxn INTO the open matxes By these rsses. and
| h. wosihy Of remark snAt those who have good x
| Su1ttex 10 ofer, tnd no dimculty In getting Ii
u uoueJ u .heJ are willing to paJ The price, thu
| Allowing thas The e1tZ1 prsce for uoueJ a not .
! Il ucn IN Indication OF scarcity ~ tt u Of de:el
nitsron ol The lenders 70 get Al e1.sAsszaz
s1.e-
There u ta.r supply Of capital tof long loan
On real estate Ne quote per cent, with o51
| ttr1 cummtss.on Of Il Of per cent per aan1n
~ the ul1tizoum r1te for hFr year loaox
Exchange told between ban0 70 day 1t pa
At The counter, bankers &eii At Lilo premium, sc
al tteit c,1sloneks R1 irom pAf to Lilo discount
TIE .pan&eer oi The t:lfaI1pg House furnisht
. tie folsN,pT srnual3 Of the huAiuess Of bis oft
4 | ShNf YEhA