, 1869-06-21
MONETARY AND COMMERCIAL.
M0NETA AIRY.

SlrrRpAy EvtHINl. June ~.
During the Ecek closing tonight nnanciAl af-
fatIs n the local market have presented degree
OF activity which, though II Is unusual for tats
sessou OF the year, has not been OF character
1o excite anxiety with regard 10 the tn
nacdiA;e fotuTe, Oar city hanks hare been, In
reality, we'll supplied with funds. though, tn view
Of the prospect Of being called on for statement
they have tseen holding on to the4t money m1r-
closely than they would UtaeExne As they hare
DOW received the official notification to publish
thetr STATEMENTS, no0sy viii p.ooaluy be let out d
little more freely. The wholesale merchants,
also who have yet fe1t scarcely any henent from
the large dow OF currency tn the country,
ulust soon begin TO experience \
greater ease IN collections than jnst
NJ present, and II Feeus altogether probable
considerable return now OF currency should be
expected IRON the country during tht coming
week While from local standpoint there ctr-
Ct instances Indicate favorable muneJ market, It
should be kept in View TINT the Rreater dtat,1bn-
tlou Of the currency oter the co1nuy Il making
comparative scarcely ct circulation. and that,
though VIC have felt no Effects IN this market yrt
of the change, the financial centre OF the county
New York, Ia disturbed With 1t now. Any reaI
disaster In THAT market, n heavy fatlnre.
or something Of equal importance, myaS.anly
reaches ali other trade centres throughout
the country sooner or later. Thus lar no such
event h1s occurred there, and tho present threat
entrs aspect of annlrs may disappear during the
next week or TWO, though more than ordinary
caution Will probably te observed BY judielous
persons In regard to their engagements 10 be tuln1
ed atteT August Al present the banks arc loaning
IEesly 70 all regular customers It 10 per cent
Tia now Of currency 10 the country during tho
nrst half Of the week wAs heavy, bat h24 Stacked
on dLrtng the lAzt ttfee days, and considerable
amounts have been flowing back. 4 number Of
large shipments Of currency have been received
from ST. Louis, tn nay for Eastern exchange pur-
chased here BY the bankees OF thai city. Alto
gether, II Ia estimated thst the influx Of currency
for the past three lays hAs been Considerably u
e1ccss OF the outflow.
Exchange WIS sold between hanka to-day at SIC
and sc Fer oub discount, though the latter was
9efhaTn tho .ooss general rAle- AfIhc coun:eE
henAefs arc selhux New TorE FUNDS a. Ito pre-
m!uIn, and taking from customers a. from 1-lo To
!; on on New York and y on On Hut5alo-
Government bonds were quoted In London to-
dG{ al 60I, against Hit On Saturday, the 18th.
TIE decline IN gold, however, nom 1s9k At the
close Of lAst week to l56x to-day, together With
the extreme stingency Of money IN New YORK,
has caused 3 decline In currency quotattou8 In
that markcs Of aboot one and quarter per cent
during the Hcek On tho old bonds, md about &c
Oh the Inter series OF o-e0s-
The condition Of tho NJ York STOCK market
haa bordered on panic during the whole week.
from q 10 PER cent since the 18th.
The manager OF tho Clearing House FURNISHES
the following statement tor tue week ending juno