, 1869-08-15
MONETARY AND COMMERCIAL

yArr-ply EVENING, August il,

SATc.p1y EVENING, August il.
TIE staguaton Of tuai1e.a alln plethora OF
r1oncy ma5 be regarded az over for this year.
There has been perreptble increase !u Ill. de-
p.ard for Ioaua since this limo last week, und rho
dcpcs!. 1ncs Of The lanks haso run down coasti-
crntlJ, especially during the last few daJs The
usunl iall movement Of currency from New YORK
tu The West hAA also tegun IN earnest, and he
tween e3h MO and s4oo. 90 WAS ordered from New
Tofk W hankb IN thls city to-day II there IL auy
thing Ike prolortien1e demand from other
Western cities, the drain OF currency from New
furk snl he hcnyy enough during nc1t
weck 10 male -moccy seasca IN that
natkcs, and enute \ further depression in
nr.ccs u government b0hda and rsIllway stocks.
III this market mnae5 continues ea1r YET Dut
the active employ men. Of Ceat.nS capltA IN tho
movement VI The czors aut the tlra.u Of curre1cy
that has now ret In, totn 10 the West na4 South,
will ncct ssa.tty make money tight tefors the ee.c
| oftae month our Dew Western connections hy
1nr1ns OF lhe rariEc ll1t,1oul Will also bcSta "
have an effect UPON The general raoncy market t-
| !erc 'oDc. MnneY Is stringent IN California, md
has n:tn 20 Tor several months, md there Is n
strong GeeIEe 10 San TrHrcllco and other CalIor-
| Ila1 c!les 10 have grGenbAeka for currency ~ u
Esrons Of ErtlcE II tic national curTcaeJ should
Il. adopted there. II wcu!d drain OF gt,In-
hacts to Cslltofnla, which. IN conjunctton with
ikat 10 the South, would make currency scarcer
ZEE: meEcy.
LsanF ior long :efms OF real estate are easily
Negotiated at from ? 10 10 per cent per sun1u,
With I brokers' commission kudel, making the
MT c~rt ~ tie boTFowrr 10: Sums OF 1900 10
s','f" aeoEt ~; t0 10 per echt yer aanuu.
sEsa'1s7 s1u. sez lheIcs peStula cost from ~ to
1ssx PER cent.
The morcIca: OF currency from this city to
the couutt! conisauea ~ Increase. urIcrs Icrt
Is-sc today, nsd currency VAS scttln5 Ecaree,
though the receipts On neIt Monday On 1ue heavy
orders Of to-day will I've likely TO make Tempo
raFy reltfu! s1rr1y At the tegnnt:g VI tbs week
There bhs been = complete ,rrn IN the e1.
changes during the Eeek Rld The price hiss gradu-
ally rrn down from par on Monday to *le3 fs-
count today a good Esuy ss1es, however, were
ulsde 1t l.lo discount At tho coulter bankers
asu selling to customers NJ par And taking vt l-l1
discount
1sonds have declined one per eea., and sclI two
fts reoc dettn1 ""o "N1- 1ne u1e'tns u ooaas
Ii due 10 the rAeed activity OF noaey In Se~
York. The decline IN god Is caused bJ the in-
craze OF rroarce e1por-s- The relauTe prices ct
lo5cs IN New York sad Lonior, also, rcw aaE7.t
,he:r Icing e1pcE:ed, which Is Al additional r.a-
roo for lower price for EoIA Ii the present
Catering prospects Of foreign traIc should le
resIizesl, Il IS 10. improbable taa: god VIII 60
fellow ~, rtra,n tnc next 1wo months In lie
eseDs Of such decline, the currency quotations
tor tnndA would also decilCe, though their Price
IN gol], IN foreign markets, might teEa-a ct-2.
should thcze be comparatively permauent DE-
cine n the p:ce Of sui'i, prices OF brr7As:Ins
end olher PRODUCES that ese largely exported
worli also feel tue effect.
The manager Of the Clearing uoCse furnishes
Lac following report Of Its tAelle3s fot the week