, 1869-01-20
E:4sNCiAL AND COMMERCIAL


TCKxpAT ESEhIx0, Jan II.
.4:.c provisions nrd Objects Of tha Ftnanca blu,
tcftsd TO The Senatc yesterday from a,s Finance
%W;1iuee, are In b1ief rs I1llews:
:Ess... By ltcalszinE specie contracts, to draw
ID ct1d that u in the county INTO the cfrculA-
II, snd,ty tie necessity Of thots who uuzJ M1ke
siEh enn'r1-:t, e.cc1Tage the importation Of
Eej3ie e:e finIa Ahfoau.
ia, cont By making ereenbaeks convertible into
-41ata Al .Eo1pt4 OF 10 10 hond., to withdraw tho
xixrnhR1ks from circulation. md to pul into el1-
&1tation in their Place 4 new tent OF United
8tAns ~gold Eotss." btsed upon, and 10 the
asacuut Of the gold and bullion in the Treasury
Ank The U1ited States, These gold noes to be got
1Aao creulstion By the purchase Of $40 bonds in
In New Tork market.
.:;3zta1, By authokix1Ez tae National Banks
fuF izezrA.e their circulation BY isBu.ng
NdGes psyah!e on otmard In coin. This
AsH!Iorzl circulation 10 Be secured bJ
;txa dcposlt Of Urited States bonds
H8h th- Treasurer Of the t1E!tcd States. On which
M1v.!l k.ue 10 them ctrcu'Asion 10 the extent ol
<spc. cent Of thc bonds deposited The object
al. section being to t1cEease The Natt71f
citcu!k:!or-1p T. specie bAsts-;o III. c1-
49, Of the Contraction ot tae pfelen: currency
Id wo7ld be made by the faEdtug Of tic green
eks.
AAAS he altndnrnt propored hy Mr. Williams re-
sS1c:tt the amount Of lawful money that could
So.3G1Ea LILO ooLie " tHo AAuont Pr
Spn:h.
41A +ccoed arasndr CIT, proposed BY HI. Cst.cu,
akkrs The bonds rceonvert1hle in.o Rrccnbacks
:he op:ton Of the holder, .ca By ttioNlrg the
r. Lo4cks to co-e oot sE1ia, would
:s15a.cslsll5 ch2n2e ihe effect Of the
Euse It'll. sgd make the authority to TIC
z:a'toIl Batks 10 Increase their circulation
sspee:c basis imperative. ~ It would remove
q ott Of the neetttlty for aadlfonai Circulation.
.4 = - Nr-
N4ank circulation issuc3 to 6 per cent Of The
t3noutt u tie henl= cepo.ited, would. howc5er
-zsndeE Tat pa1s oI tho bill tEopczIttre anyhow
!&ttAout Senate. Csttell's erstudneut, a It ii
Not suIaecIt l1duceEent to .hc bznks. Ttte 1.
c cf The n.ost trpott.ot bills tea: has hecn t.
F4tduced tn Congress. and Ill dtseus>!o1 thess
,sM3t be baked ter with great Interest.
tie denant for money In the 10 al rutfket con
t-6Ere. sc.sst, but Ia freely rls by the hanks NH
ss=a9c accommodating lheir regular eusto1nea vtt
E4Fetty zach all tasy ask far. Thess IL eous1
A8lc -'oue name paper" .bAna:, Tic hall =
- whsca-aavtnE no claims OF Any oa2k-ar
EjSllsng through brokers II frrn ~ Ia pc
-, poe rnoath discount, These, however, q
:s1tt fair Index Of tho market which REGINA 10 .
4Tatu uAlly growing ctster. Merchants aesm to b
:.1xt" p TITO easier esreous.ances for noue,
-@pIs approved collections II toe country. N.
4Skpctl,s to Etzr1nt,1e aceonnt4 are i1cur1inF,
i f%HExehEee wss lower Today. And fslcs wer
aaate bs{Mten nanks as low i. sLoo Oct 1.ooa dis
s4ount, tAtE eh ttstsac.tcrt were lirht and soa
s3clcert refcEed to seli Il tess than pr.
.tSt;oTc7rncEt BoIde advanced On IN average u
day. CEss are quoted At 11o ty telegraph, ,whIcI
.N:u:d BE- eo adrzue. Of II ps: cent s,nce ycste.
-@4ey. though u shc othsr bonds h1yc rot advances
~ rtoporirr, It ra1y be II crros}
D:aler.' rates for tnJ!ng and selling G 1rern
s1estt Doals, LoeAl stocts, and Gold and s,t.c
b this Et1kct th1a Afte,nooa we,t: