, 1869-07-23
MONETARY and COMMERCIAL.


,o,r au,,ncr IN ,bp n,tct. tt the neg 5.. ,nnsp,t
~, .na ,r,rh.ses at ,hc se4rc.arY NJ ,he y,rc,suvv
w. IN , .-1rot ncasure cou6ned 10 Arzr.,an mar.
w. S,.sruhs1 ,n,,,nc TN, nonds havc nsr,ncca
IN rnri,n.an marIrts' thsy na,e not advanced .o
.,,,c, etnc. 1n1c N Nv nc,t;y ,w uer cant a, thcy
h"ra,n vau Torr Tb,s nj cnursr ,D,rrs neres,
s,,r for IN sd,nnce In En-one or D.. decline In
.,rettran ,n.rvets rycn n tht mast favorable Of
these alternatives should take place and there
uton,a ye an ADVANCE Ia Euronean markets esual
IA what HIS TAKEN pace here, there Ii nno.her ques
ton for pt fsous aud Institutions whn are investing
In securities for the sake of the Interest," and that
IS. Arc tic se0z TIC bes: investment lD that light:
The currency tixcs''-the bonds issued BY tbs
government to the Pacific Railroad, md which
are us secu.e rs LIZ Other government bond-a1e
nov quoted al Jos, which price also includes nc-
ctueu interest 1t tIe rtc Of per cent IN currency
trum July a;.whIt The osus OF 1867, for Instance,
2lc pG:y quoted at 12oas, ibis prce also lh-
c:rdng interest al the rate OF Per cent
In gold since July I. A go bonu
OF 1sG7 for loo, hearing Interest nj the rate OF
per cent In gold. would cost sl2za9 more than one
OF the United sIa.es actdc Railroad bonds Tor tne
same alnoItt bearing iaieres: al The rate of per
ceut In currency, The only real difference IA tic
real 'alce Of these two classes Of oonas ts IN tue
premium On the gold interest OF the $500, bat
which ts lurcel, balanced ny the difference IN t9e
Trcc T.! tHe toau. soto suouiu 'a1sS
bI al NelA4e FieLAu1 'sh LUG
sl<s.i" oi e,Nc'1nee a. p
OF inc currency boho ~oulu oe e4cA ~ 81 .1e
i!tloleu w 1ne sor4 'u's 80 -. $500, osI ,ss,.
VI 'P~t io' NV !sa4s Aau - - 49, 80.
enou'u s'Auca'ts ue.o ~ 49, -. ~. - 49,
taen se''' so ~ ~ te.eN -. ~ @ 49,.
Fseacbt i'Itenast. " euite4'! - - -
bohd, ~ Inc tEsSent Na'hct Pf1sc .. .vo, Noo,a
IaEe Ifont ol - !'e' eeu1 Mu.e ~ tnat s1si.
tran lie Futcn-ses VI 49, VI ioe' a. .Ae f1esIA
market price Of lso's' lnese ensutetiols a3c' u
toufse, basto Oh tne saFpo''saou ua' 'ae pt!le'
Of the principals Of the t~o elasses o. bohas
should maintain the Eane reat'Fe Foss1ion as u
present Ttc l9-4e sro, wien compared "tth thts
I, .os nj pEcs3lt Fnces. do not present SO much
n.rnts rs s supposed by many. 80 bond OF
1863 Costs row IN the Eorket, say 1eo'.. Il the
ucctutd Interest be deducted II lraTes the net
prlce Of the principal Of the bono ray 1se At this
r7:c", md with gold at 1so, the Investment Of
s!2t pays Interest II the rite Of 64 Per cent III
currency. TIE 10 % bonds arc now quoted at
1lril, and this price nclndes accrued interest 1to
| ArIch l. amounting to over per cent IN gold
Md eGualto TO "taE:y s'--c IN currency. ims ue'
Quoted trGm the rrlce makes the principal OF the
bend cost 107.s2 or 81 - for noEd for $1,000
r,-r mars interest NJ pcr cent In gold or ut the
- ~. .n,, t., rsnr n cuyrcrcv m tbr In
tste OF g.: ref cent ~ cent AZ " tus ~
| Vt sMeEt ct 81, 3f' showing ONYX OF one pei
cent In currency, per annutr, II favor OF the 81
| hrrH
| "e-
Ihele ID OIL Ntttc AaAtnitGu ~ AnauciA suiA4st
| generally, just 1t present Ihe a2rlcatlons !ol
huns At .he hanis uss sun pretty & hrss but @ mol
, ~. 's. 49, =, ~ ~ 1,rah saa.,io,.rr
Fa'tis oetaase .uce - 49,. ~ n.usu s.s-atat's
ago. From the other branches Of trade the call fol
| hon,- ,1 ccnt,nres nl,out fbe Ra,ot rs erer The
s, ,'s,u " naa.rn- cnn,,rrn n-nttv .rnI, su,,I, I'D
| Cauh~' Ho"e'.1' eentn'% ts ".A e4iF4-4
| with funds, h1d al fegnl"f tanI customers afe
atlc 10 get money at u per cent without difficulty
Ine movement of fuuus IN the shane Of car.
,crrr h,u ,lnoAt ceased there being scarcely an,
1"Ns 't.a -, -. - 80. -, - u.t,
going out 10 tue eon.'Fy ton ne1e' alu Vet5 h1.'t
Corips in. The balances Of co4n1ry banks
! lure uye tutse1 on the Increase
| and lomc NJ them are ordering lQht
r'rn,,,,ncc nn c a, funds to Scw YORK 10 make ez
charge; but, Oh the whole, there - oalJ snail
| a,uount OF luls,ls in trlnst.
1-,cnuure was rcuLrtru lrmcr today. WITH
! -. na...ao, n,n,a =, ~ ,o, :, M, ,-,,,,r,,
sac' nel"ceu oaut" ~ - ~. t.'n' - s..l'''.'.
B&nAtFs C0ullnucl 10 st!l Ns| aoFh lu1d3 10 GUS
| -, ~ ,,-.rd n ,ur n, I'm disro,n,
4'unAh ~ i.t ~ :. ~, -. 1850:
The New ioff tp'nmtre1a Aufe1i,e' says:
31at tinted 10 ohly 5000 90; whle for The aaalt
rCtod Of l.6S t.iry Eere e.. .ou3, anA for LII
corresponding moi,.hs Ut 1ssi. 81 79,.M,, The
errMtut to Eel! freely in Arrnat; hut there Is not
sl,sduw Of rsotnhi|lty that ths safes Of the g3y.
,15 i9r w.; H. o; ~ ~ Il III a' yaa te If a M
| tIvx mud pt export Thrse proynussicat,un5 e,;I
rate the probable saies Of tho government 10,
ti,at r.nnth ii tI to s14 prs"N while 1t Is
ITO ;lc ipat, nj ;cs Ycrs aoac, soms s1a ooo, ,eot
will ratt for Gutics. while the eSors OF s2ecls
iE:Y { .st!u:':"a a!aAieItlt sers r.'esy a. s!o
Mc n,1E u; ~. ,t,nnvr XII a. ~, a,nont iIn
| e,,ytr1,tucrt .u,tF Of cr!r,"
rTtt Co:.s ni!au nlately a5nnnncel between the
81 th.Sf ! b.,
S4u hem Railroads, 1na,y effected o1 HE lSl
Inst he crreIncnt fer consolidation Will the Lake
Shore 4 stctig.n Southern ltuilnus Company va
| rclItrics BIZ at u2au!mnus vote Ut the Directors
u i meeting ui tic ttorkhcldrra vas tluec.ru Il
| h. Eold Gu The 1t.h day Of August next for II,
| rrrpose Of ac'inE IN the tai nsrcc'ne:t I'll.
| Dlrrctc7s also declared cash dif5GEnd Ut 1OIr PEI
| rent, free Il ,ts1er, payable on ana attes AnSu>
| "a next l}y ttts ftnat5fant ai1 Hu1Alo y csl
IS she Never W ~; nas POSSESSED ,li tts resa! VI
arr tntr, will ttctue manifest IL 4 large incfeas!
| CT business eI that point
| "StaGnan; aA Ecn. raj business IL On tbs s.as q
TIC A7.sssn. ~ " no Wuf*e ttau II " snfonEESu!
1 t;fr~s 1IEaiIL 4 any c;:s a9Is:<, he E7. cat g
| eiaisc oScs the London i2d lSeslool COMMERCIAL
| Of thc cu1eu1 }eat. In cnnneau m with tat LISA
tiou as Il c3E's ~ ptttens. LIE con,rtaint Is Lo
tic great expectations Win Hnieh ~ ncH YEA,
| were EE1erfd In, Late Ios becn Ftfa!selt-SnAl
osef-ttnntns e3slasts speentaaan, Iho M & nSissi y
nncnclal lnanaRentIE hs's p1ah4ea .ne seeus q q
&; !=:at!sc trade"
G'nc Lonton 7irsss cltF a!1le!e, ~, says: - &c
rteens 1npottanL nd'aEsGS ~ '1s r1Ges o. ~. Ss
Al II Great Ne1lesn Q! thhanA sRa1CS ss unuelsto.a
to have fesa.eu irosn ,"s ntoee Or ~ lne teHs
scsy Ga.{ 20" ees"sea "a raqiy ana INC
| The following interesting statistics, Gel1.Nc tc
| the tra,lc of the port OF san Francisco aah the
par,nc cosst, a,e frou the san Franci.c, Er:af:,
| IaEAie eoa.. , "e 'o- o '>''''
! BH14fH OF 1Ee >t9: -.,
:" nur:n. tas ~ months end!ps ,ite y nG1r.y Y
..o,NS ions was employed In tie domestic pAc,ut
| coat trade. The foreign goods rece,ve, ~ The
n.oyc Vessels scoH aa ai'plo1imass va!ae o.
I1cc eouds nceivet rs tic Panama steamers VA!
s.3,1",'te. IN ndtit!o3, there WIS fecelvea Is !.
TT lois CT nsso1:cd merchandise from douestle
Wien e1n o:l, ie ejajectu7s.L Tao amoaat o
fse'sl: r.o=ry paid Oh goods teectsei by sl!ins
I'D II sas's s snis assz etuss'si
on lii por,s for six months amounted to e. 14l, ,py
| aid lur the nsc.l lcar ending On the 3ote
mtTehaa n aaa.s sspors seea;s &c It. v:lze u g.
90 and our corn md Gull.oa exports, s.t.'46tS,
making eonblnea tota Of -, s32"1. Included
| N the merchandise shipments for The past stz
MeG;Is, st,:N1,ns for California proizcis- Das
nE II h.1srst year ending j1uc %, cur tne7rh Al
Is a3 soms j j. a4:ts q samrse
r. tuce .nelsdn :lr - to1 oTf s5 snd wnsa y,
J. so;s -. .cn fn, lcsrry So coa f1r srins aai
1nr Ia,,stty lrr,n Alu.la r.sninoel neace 10 Eng,
Ianui, e., ..u TOR quicksilver ana soo..00 for ores
| Tfe tuuf and TEsat shlpr+d dnFnE the na7es'
year amounted to tce equivalent OF :.s&a.pt! cca
ia.s Eea:, y hi.e Of wool there WIS shipped dur:
1uE tar sa.ac YEAR i, s: oo pounds. For the past
EI EtltE3 We base shlp1ea -A.er9 sLloSi
nnc ss.n cases Of talNofnta vino Our ifrasnte
cAIosss fer The fsst s,1 monihs embraced ,,4A
w goo nsts. salsSrN sAt8 ~. sa:H4'os. sot1
coz. aEa sSEs."V Aea!eaa eola. lag Iecelpu
=! !!t'S..e '!oa - nJas IA .1s - -. - p
tHioIsh kte isSttat P4u4c 4 tAt -, a1noauttu :.
ss6,s.tteA TIC nt1ocnt q eoln incl7dsd u tht