, 1869-12-23

dents and al the edects Of contraction, 70 TAR a.
y nVoffea cowne1ctN dlsA'es ADD ibdnsttsi
on5 aassaoa "asa { i &. a u g d!seoyer -
1z1n to tepea3 trseu-"
But DO business man who deasr4 70 undes11and
The Circumstances which govern his indiyldoS
peo1te, and no man who prrterds to form m IN.
tln2ent opinion IN resard TO what y tho uue
cocne IA rexsrd to the Currency, should fan to
rad Mr. Weus' repost, especially shas psgt Of Il
reatiE to the currency md IN relations to n41a
Ii = whole. bis fepors u bJ Tar the shlaH ptn!sc
document tbat has been PREPARED ~upou tho sab-
}ett or cur national nnAnceA and commercial IN
terests. it advocates SUNG measurts th1t may
not 10 popolar, pecause they Ata nat ReperzlJ ur-
dsrs.ood. Beng TO soms eItent unpopular dnes
not, however, prevent their being correct, and We
,hrk general studying of VI. VEIN report cs1-
not fail 70 have ve5J u.arked influence npon pan-
ltc opinion.
The sste81spo thA afternoon frports that the
Senate F.nance Committee are Ia favor Of With
drawing -, 10, ,oo0 of tas Temporary loan per
cent certificates, a0d tsa,tnk additional National
Bank e,rcnlatton 10 new National RAnta to cor.
responding amount. NM would Be
nsp n ns Hsnt direction. because
It b really changing tho psoposunns
between the lexal tenders and ~ Nat.oea1 BAak
notes. There are only A7,las,ao Of tie per
cents tn existence, and nearly thc ~bole Of them
are peld BY The banks ~ pa,t Of theL texalteadef
reserve Tho w1thdsaWA Of these q, therefore,
10 limited extern, the kAure ~ , wnkslzxsl Of
lefal tenee3H, sud corresponding Ine1eaA OF Nj
ucus1 Bank notes In The taMe manner ~ Prs,o1ed
In MI. Banner tree banking bill lts effect W,uId
te 10 oner tndocements 10 the establishment OF
addlt,otAl banks IN the West aud South, and, L.
Ine sane tine, 10 ohnke al NattooA Bsnh %
look noTo to specie - part Of tnetr sesegveA II
woald not increase tie yolume Of the currency.
and would have : tendency 10 spprec,ats The
yalue Of RreenhsctA
utne1c u any changs In the MONEY rra1ket 4,
al It iI that there % lem disposition On the pArt
Of tho banks to lend. snt mora dlspoAtion 70 fozs
| II themselves. Statement d&y Il expected, And
astde from that the tendncy d everything tnvt \,
present tofblns expanAioa. Thf toauxhlc aurpln,
| Of The henn hzs. howtve1 been 20 low for tns
psAt month or two that u additional tightening
of the pu1se strings doea MT seem 10 have mocn
effect on market that aa already extremely
stringent
Tbe movemnnu Of cunocy to Aud from tht
eonp1y, u connection vttnhe m11tes continue
moderate. Considerable h iii going opt to paJ
io< ht g. and eome liberal rsnittaoces sfe bcint
received from otheT sections. On the Whole. tns
novemeut may be slightly IN avor OF the couo1y
but rot eufncenty 10 to exert any tnnaence OF
tie noreF nA1ket-
and IN The afternoon WEI zc1rc1 at tnAt. Al TIT
counter bankers sell n Ito premium, And buY n
I-10 discount.
We understand thst the 1tret ccor Of tho build
tDR On the southwest corn9 Of Dearborn snG
Warrington atreeu has been lased 10 parties Nnc
will establish = new pnEle bstk
A false report has bee1 atEted By some Inn
1!cious person that the 1rm Of Ield Letter i Co.
the videly'krown d7 goods hose ia thls city. hs
iat1ed. AZ far ~ al city resden arc concerned
there Is no usc OF referring to ne report, which
has not the shadow Of 4 fonndarpn In truth, b1
for e!stAnt readers Ia Other S,xe5 whern Ii,
hoosc hAs custouel1, 1t may be as rel TO ssy tha
the report Is entirely g1o1noless.
Thete WAa considerable more aett'ity In bpssne1
At The Stock Board TO- day Anu tho n1lo wing sa1e
| were made.