, 1869-04-19
MONETARY AND COMMERCIAL
MONETARY.

SAICkHAf EVENING 4Ftil II.
The week closing to-night has Witnessed more
Improvement tn financial Affairs than any one for
the last month and q hoi1. The testimony OF nine
OFT Of ten isnlczs Is that money Is easy, compared
to what 1t wns week or tHo ngu, All the banks
whose business is chiefly With the mercantile
part Of the community soy that their balances have
increased largely. VIC kuow OF Que q. the leading
banks In this lEe Of Ensincsa whose aggregate bal
aEecs have Increased Per cent Ia the last ten day
Ahd tic increase has been made by regular and
R'a'1nnl daily progression, owing to better cocc-
tl"ns and better gales Of the wholesale merchants
Another cause Of g1ter easc Is that prices Of grain
IlS'e 1etn heavy anu sagging down for 30 long
that those who have been carrying large amount s
frnm week to week and month to month, In hopes
OF Ttse. have lately been getting discouraged,
and have eold out Man! OF them have sold at a
loss but as some Of the grain has been shipped and
'hhs dsAWu against It, some OF the local capital
Ina: was locked up has bccu set free In that WY.
Tue banfs arc now accommodating NIL OF their
frSnlnr customers who a1c entitled to ncoommoda-
tlot1 and we hear OF no good commercial paper
ai'oat N the outside msrket There has also been
an Improvement In general ts1fa In some respccta
during INC past week. Dry goods, grocery, hat
and car, and shoe houses hare been selling morc
goods, and, though the Improvement IN collecting
has not been equal to the incrrasc Of aaIcs, tho
charge for the better is yerE noticeable. The H.
vornbie weather that has also prevailed has tried
up the country roata- mad made 8 prospect OF q
further revival In business,
The movements OF currency during tho week
have been unusually light, though, owing to tho
shipments Of produce Eastward, tho shipments oi
currency that were made TO New York In the 1.st
hau OF tho week, to make exchange, were not
Continued 10 the last hn1f.
fsehange has been growing weater, owing 70
WE increased supply Oh tho market Sales were
u'aoe to.aas between hanks at boo and at SO
peE s1'"o premium Rates At tho counter
lcmalh a. before: bankers st1ll sell To customers
Nv premium. and buy at par. During tho
', ~ e4eoange ms ruled at from r0c to &c per
M.uo r1emlum II St Louis, Cincinnati, and other
W Mesein eluea, though prices have teen less nfu
III the last half Of the week.
Two prominent npaucinl fcatnrcs ot w..
n"'e peen ai'e advance In government bonds, ana
the continued high prics Of aplA. Bouds nrc s,.t
al out per cent higher than 1t ,n!s time 1oa x,sr
The Advance has been caused by thu tnvc.,n,ert
demand from holdcGs Of the coupons for thr W.v
Interest, who azc rcnvesttns tho proceeds IN
londs Judging from present appeaeancsa. thu
demand will increase as more Of the counons an
caahed, and the result Is llkcy to hc further ad
vnucc In prices Of hopds- Gold seems to he Kent
up amtHt entirely ty tue scarcity In the New York
market, which H,ales the danger Of It's being cor
ncIcd ~ q combination OF the gold gamblers In
that city. The plan Of anticipating tho payment
Of The interest On the debt, however operates e.
eounterncttng influence, a. BY that means Rold
can n}wnyB be had Of tue Treasury 1t per cent
Per auuum.
. Leal4ss' aao.a;lac. +, h.jla3 sui sa;ua1 GOV.