, 1869-04-16
MONETARY AND COMMERCIAL
MONETARY,

1HuRanAf. Artl IL.
The shipment OF grain BY the .akea, though It
has not acqured any considerable volume Jet has
begun. And thia, coupled with the nne spring
weather that has prevailed for few days rast has
Impaired little more activity to trade the effect
Of which Il tod2J pefreptble In the huanes at tho
banks which Is also Increased by The semi-uonthly
grain settlements A few argocs Of grain have
been pa!d for to-day at the hankA, which has inside
more checking md deposttlng, set free little Of
the capital that was locked up IN It while held In
store here, and made little more exchange In the
market / The supply Of Ioanabte fundsat the cou-
mAnd OF the banks remains about as scauty a. be-
fore The banks still keeping in view the posslb.
tty Of each day being the one that may be selected
BY the Comptroller for their statements, nre hold
Ing back from. .discounung As much as possible and
asking all thctr customers who apply to cut down
the amount they apply for to their absolute neces
mites In this way business runs alorg In rather
Small volume, but with no Tery preAa,ng demand
from the mercantile community for Accommoda-
ton In fact The strtngeucJ here hAa, 1t no time
since 1t began, about slx or eight weeks ago, been
80 pressing As 1t has IN the Eastern cities
Exchange WAS hardly 60 firm to-day owing to 4
a,iSht Increase In the supply from shipments Of
Rretn and provisions Sales we're made between
oanfs At &C per 81 600 premium, and shipments OF
currency 70 New York hare ceased In St Louis
and Cincinnati, New York exchange Ia still quoted
At premium Of from soc to 7bc lor sales between
banka Bankers in this city arc selling to eusto-
nefs 1T the counter al Ito premium and taking at
par.
There u very little movement Of currency, In
connection with lhs city, tn any direction now for
regular trade purposes, though considerable sam
vas sent 70 Omaha to-day foS the Use Of tho P.-
CHIC Railroad Company.
me large advance In the p1sce OF government
bonds, III spite Of the money strtnzency In New
fcrt. and also Of the lntEnical POLICY Of the Bank
OF EnShod In rsaalng the rate Of discount 70 ~ to
enec1 speculation IN American securities ehoNs
eonc1uAyel5 that the history Of the past year Will
In Al pooah1t1y, be repeated In the pext yesr.
bonds WIZ eouunue 10 80 to Europe, and the
p1iee VIII continue to advance until they are sbo,e
par IN gold. and until the major portion Of the
funded debt Of the United States Il held abroad
lot they will he eagerly taken By European
Capitalists when tneJ arc 50 much above mar thst
It VIII not pay to hold them In this country. be.
cause the capital u III 1rpl1ce \ much larger re-
tutu IN other Investments The London quots-
Ton Today 8As slA ex- coupon.for GaA Sales OF
Securities in the London ma1tes which arc not
madc specifically for cash are made for account
Hhich means on ID ,la5s' time lststheteforc. the
custom to anticipate the Interest day by half \
month The quotation Of slt ko-day, with the
tPer cent gold interest due on the 1st Of Nay
makes them SIX. being m advance Of Lc since
yesterday. In New York the advance was re on
The new e-9us-
DealesH' quotations for buying and selling roe.
etn1nent bonds, local stock, gold and oliver. In
This nNrfpf thIs nffarDoor oar. f.ft.