, 1869-04-18
MONETARY and COMMERCIAL
: II
MONETARY.

SATURDAY EVENING, April II.
The week closing tonight has Witnessed uaza
impruS enent IN financial ad11rs sn1n any one for
tae 1sss month and \ BALI Tne testimony Of nine
out Of ten bankers Is that money Il eay compared
10 what It waa week or two Ego. Al the banks
xnose nnx,ntas IL enieny With the mercantile
part Of The community say that their distances hxvo
lacIvaSed largely. We fndH OF one OF the leading
bank IN this line Of bu1ness whpae Aggregate lai-
have tuc1eased per cct in the lxst ten dayH
and tho Increase haA been mads BY regular and
gr.l1uM c1ity progression, owing to better colleo-
tons and better sales Of the wholesale nezchantA
Another cause Of greater else II that prices of rzn
Esfe been hearJ and kagztng down for 20 ionx
hist thoae Nan have hcca e1t1J1n1 large amounts
fun week to weck and month TO month, in hupes
u a r!sc, hare latetJ been getting discouraged,
and bare sold cut Many Of them hare sold 1t
ins1 hut some Of the grain has been shipped and
bills d1awn against II, some Of tho local capital
thz& NA4 locked up has been vet free In that way.
The banks arc now accommodating ali Of sheI
rcculae cuAotae1s Who arc entitled 70 acrammoda-
t1e1.. and We hear Of no good commercial paper
ahoAs In tho outsldo market Tnerc haa slso been
an Improvement In general 1fsde Ia soans respects
during the p&st week. Dry food2 grocery, hat
nnd CAP, aud shoe houtas have been selling morc
goods, and, though tbs improvement In collecting
haa Rot been equal to the tne1taso Of sales, thu
changn for the better u very noticeable. The t.
Scs4lit weather thht has also prevailed h2s df!pd
Up tho country road, and made prospect Of \
further rev1ra In bu1lnesA.
Ihn oreKnents of currency duttnx the week
naFe been unusually lgot, tnougn, owing 70 the
antprentY Of produoa Eastward, the shipments Of
cutrency thai wcrc n1da to New Yd1k In the nEat
half Of tho Weel, to nske exchange, were not
continued In the LAST hat.
Exchange has been growing weaker, owing to
tho increased supply On the market Sales verc
made to-day between banks nj &c and n Sc
Per 11,on premium RAses II the counter
remain ~ before: hAnRc1S astu aen to customer
NJ lilo premium, and buy st par. During the
week exchange has Iatsd at from 600 70 &c per
Western cities, though prices have been b.aa trrs
IN the hst hs1 Of the Frek.
Two wuz1,nent financial features Of the week
have been the ADVANCE IN government bonds, Ind
tic continued high retne of gold- Bort1 are tust
The advance has been eauscd BY the tnyestucn.
demand from holdezs Of the ooupans for the Nay
ins<rest, who arc re!uvesttn9 the proceeds IN
bond4. Judging hou present Appearances, thu
densznd win tn1ease II more Of the coupons srs
caahed and the result II likely to be further Nd
vance IN prices Of boodA Gold seerns to be kept
M almost entirely By tht scarcity In the New {orf
u.afte<, which MAKES the danzrr Of n being cur
re1et by combustion Of the gold gamblers IN
LII ..tt. The plan Of anticipating the payment
Of the Interest Oh the tcos, however, opesstA .s
counseracting influence, - By thst mesaa gold
eau Alwas oe had OF tho Tseasazy Il sper cent
per A1nrr1-
etuuens bonds, local ssocts, gold and a1lEe1, IN
1Tf%1 1Armf ia nf7A kn57--