, 1869-04-12

The past week has been scarcely any less str,u
gent In money affairs than the four or i've pre-
ccd!ng ones, and the pressure has now been the
most rrotrscted enc experienced here for seye11l
scMh The banks continue TO report diminish
ing demand fos money, though In the Aggregate It
IS stl1 beyond thelr ability to meet. The strictly
mercantile rats Of the community are evidently In
better plight than they we're u week or two ago,
and the ban1s having the largest lines Of nezcan-
tile ACCOUNTS are easy fot money compared to
whAt they were week ago Merchants hare bcea
able to collect little better during the past week,
and have In general been able to clear o1 their Oh
ASassons failing duo without asking fo1
renewals, TINS showing that the
most critical point Of the present strtnSency has
been paaset and that business has for the present
accommodated ltxell In some degTeo to a smaller
volume OF money. Thero Is Htely to he some
further ameliorattou In the money market after
the banks have made the statement which thc1
have been expecting the Comptroller Of the Cu1-
re1cy to call On them for every day for the last
thrce weeks. The liquidation drttng the next few
weeks Of clalnas held By merchants here against
the Union Pacific Railroad Company WIN also have
. beneficial eject But fhc circumstance which
contributes the most to tho str1usency here-tht
withdrawal Of currency to the Southern esstes-ss
lRety to be OF = more permanent character, and
those who aze anticipating the usual Abundance Of
money In the I2ttcr Fsart OF May and 1f1t han Of
June, may bt disappointed
The rates II which money "a 10 be bad In this
market exhibit pretty Wide ranEr- FaTor1te
customers Of the banks set It II ten Per cent
Some grain operators are also paying u commits
sion OF u to Ter cent per a onth In addition, and
fea1 estate mortgages arc setting Ut fgurts which
including the interest dawn By the mortgages
make for the lender FROM Is TO ~ per cent pei
annum
yery little currency Is being sert to any pAst OF
| the interior from here Ut present The country
| hanks h4vc nearly al drawn their ACCOUNTS here
very low, and many Of them hare oseTtraHn.
New York exchange has aasanced IN this mar
ket In accordance with the general advance IN Al
the Western and Southwestern catieA, and Just 1t
nsc~eut The Indications arr that general dow OF
| currency has begun fron N these points 10 New
YORK In which case mooeJ would be ea1ef In That
market dprsuK the corning week. Sales OF New
York exchange were made between banks here TO-
dss at from 5ec TO sc pei 31,oeo premium. and
some shipments Of currency 60 forward 10 New
YORK tonight 10 make eIchaugc- Bankers here
continue to sell to customers at the counter, and
to remit for country hsnks at lilo premium, and
| to buy Al the counter H psr.
Government ho17dI were considerably depressed
during the carly part of the week BY the extreme
St1ipsercy OF money IN the Sew YORK market
which Obliged many txrXe holders to rcarIe, but
| the London market his remained steady through
! out and has had the effect TO bring New Tork
quotations up 70 equal during The Last ha,f Of The
! week.
! Dealers quotanous tor oustng and selling sov.
! eTnment bonds, local stoefA gold and Silver. IN
! Af%n fcnn