, 1869-09-05
MONETARY and COMMERCIAL.
MONETARY.

SATURDAY EVENING, Sept +
4 married. change has taken place ID The eondI-
ton ct the money market during the last three
daya. and to- day shows grrater actty.sJ both In
nn1rca1 hnatrs nnd IN general trahe than at an!
PREVIOUS time this fall The demand Tor bank SC
CON II oGalion Is Increasing. mud, though some Of
the banks still have more unemployed tnnda than
they care TO keep as an average, others are e1.
pcrenciog even more demand from thtr custom
crs thaa they can possibly accommodate, anti the
actlvtty Lids far TO extend 70 all the money
;c1diug lrftltauons within the next week. Every
vhcre southwest OF us, aud In Eone
t!str1ets directly wess, the crop has
trecn to Eovc freely, mud the demand for
currency to 50 10 those quarters has increased
greatly within the last three days. Country banls
arc trawins tne!y balance. from here IN currency;
grain operators are checking out Considerable
alounts At lhe couatcE, and sending by express
INTO tie co1Luy, and, as We tntlmaicd yesterday
you'd be the case, our cry banks have been
obliged to send heavy orders to-day 10 Scx 3osk
for currency, something oTer haN q niliton having
teen ordered The fall trade may be sad to hare
ts!r:y beeun. The crops Of breadstuEa 1rr With
tho single exception Of rashcr ehors corn crop,
abundant Stocks Of goo.ls IN al .se market
toxra OF TIC interior arc low, mad II the grain
crops nre promptly marketed. while
there Is d fGir fcreISu de-
nand, instead OF being held back as they werc
last year, under the uladslscd notion that they
were gong TO bring great deal higher prices,
there cauuos help bet be IN active fall buxtneas
TINT will be profitable TO all branches ri trade.
Currency L. likely 10 be very scarce, though rroha-
blJ not enoagn 20 To seTou3tJ retaru tho moro
pent Of the crops; and as the movement
Of these nom rc psodace1's hands to !ne
consuncr cauies With IT substantial credit that
is the ZANE rs money, the mcrc scarcity Of cur
tcucy Will have M r7ect 10 produce what Rfr rop-
ulatJ called "hat1 tines The Caitcd States
never had 70 large surplus to eci, over aud
above what II required for home consumption, ~
at present; and II the cotton md brrahttnir4 ne
marketed with moderate rrcmpttnde TO surp'y
the rreseol aesise foreign demand for both. the
capital Of the cocntrJ viii te made a7a!Able for
beginning new err OF prospersty.
Ling lcans on resi- estate continue IN active de.
maud In Ibis market For l1aE4 On lrst-cla.s In.
proved bnslncks or residence property, the surpIy
Of capital Is ialf at tfUn to w per cent fof
ol t4,WD to es,Nn for four or nve years. For
smaller euT7s md Shorter tine tho rates are made
up o1 the M'|ltiun Of commissions 10 brukers. 70
~ high a. Il 10 Is per cent FER aunIm fur suns Of
st"e and upwards.
Al the tanss The nsra % per cent is tie rate for
commercial discounts, though M mentioned n'T1r,
a fer uf the tanks tATc more funds thai theY can
cIrrlr! In sh!1 rsJ tnsi ut present. At the eame
tine thste l. snfnc secured nlne'f-tlnJ hn'i tx
Hthths Fsptf bcnT ptTrrrl Oh thr ttfeet Al rates
ras.nu tiotn ~ 10 per cent rer month.
The priv ri exchange shuwa distinctly the tHrn
In trade, sr the &nrreaae IN rEudHre Shipments
Large snIe4 rf cSthsnEe we're Ma,}e between
l'.nhs ~ ,,.J nj t.t1 Discount, Al ths epnntet.
t-n&.ts ara .G,iiru To customers At tar. anl t@krr
t1"w Thrk inps al ifn u ~ - eef . ,sn nj, AMI
t'uf'.'u Wits tt Il N rtf4
Tbs "trinst NJ, n'ta IN Sew fot& "a tt'srtna
ttttf s'1'a cas-, ~ lar At slteHina ihs rtt"a "A
trt'~a:rt, 7ha s,..tHlA1'fs hAts inv mi ~ ihs
rftr" hsatt. 4 tel tAht stpr~ Aanta1, In t.y t,o
t"t" }#.tst,,sy u wea .sttma'st thst ihs '!ilHa
~h,.h ~s. l"th,t,l III tn, Av t"'t wst-
tnhtsta VI t*tneaH tihu,I.'ns AF"t
tAt.sI.tA khf, ~ th+Y hare l.ssI.
t",tnx etst s"s, lAa ~'',Aat they huIl bDw I,,.Ist
Id thutt,",s, TGb .haft IhiLrx.t Wes then e..l.
hl4ted VI tn ,sz,tta, i,af MaAt ~ ia.w xteAiy In
Gttsta NJ ltA. HI"IH tha.a naufss y viii Ls psE-
tettei that TIN hI'e4a!at1ua, thaaRh 4 ftgA,tt1f,
Une, .,ly atnscuAtsn ctT1aGr N lbs fAAh galt IA
Tho Nav NutA uaAtAet. and HAL Ein all other car
ncr1, II must roarau snIps lima soou. when Tho
Hire q! gula viii .,rnp-sAera 10 no ono will ven.
tu1c "a predict, faF ance u KulA to gazing down
many O! ihs "LuiiA" viii turn "lears,' and No
shall haso nuctnAt!Gra In tho rrtro OF gnli sam.
1icnl to pspve zoy theory OF ans politician at any
party, aud all produced Without politics or forclgn
srAdu having anything 10 DO With them whatever,
TIE following table ltJcs icalrrs' quot atona fo1
tu,n9 aptl selIna eorerntucns t0nla lot stocxs.
Fold md slycs III thA snAtksl thI afternoon; tho
semi annual Interest periods of tho United States
bonds arc allo given: