, 1870-12-30
MONETARY AND COMt1ERCIaL
MONETARY.

Tnun.pAr EVENING, DEC, -.
u Is too commonly believed that ono OF TIE
indispensable requisites to eurces1 IN trads is
TO be sharp" ~ it il called, which too often
means that IN every bargain one must get the
advantage Of tho other party in SOME WAY
that he doee not suspect, and yet in sucs !
manner that the Hronged persen cannot CON-
pam q beinE deceived. Tho motto Of this
% cliss Il, "Believe every man and ~ousn =
reasonable degree Of castion and readiness
to sutpeet the honesty OF others
in Ill buYing and selling is nm
fortunately made ntceeaa1y by this very
claas Of peopls who, having but uttls real IN
teEslt5 themselves, Me incredu1ous "a TO f.s
existence In oshels. Ii Is not entirely trua
that mental idiasyner1des are projected out
ward, - it were, thus making people readie.s
II detecting in others the farlts to which
themselves are most liable, but It ia
tue to the extent that, while many honest
persons have become educated into incredul.-
the mott inc1eduloua oi Ill. In this respect,
approach e.ch other. There i .ush da'1 :
thing u becoming too ''sharp" to accomplish
the very success IN trade 1t which this class
OF persons aim. Everyone can tniqk Of
come bcdy. with whom lie would rather not
trade at al. knd yet against wbose character
be can urge no objection except the general
one that lie ia too SHARP" Many men who
never uIdcrstxnd the secret Of their fsiIuro
TO ctaw custom, and to bet:ome popular a.
trad1smen. might ,nd it In the fact tha& their
manifest distrnst OF all human nature repsta
trade. II the instance OF Macy, in New York,
whose recent accusations, causing the arrest
OF Innocent lsdies, Id causing COM
ment everywhere, does not prove exsc,ly
this 1t is only oecau.e biz increaulity Of hon
estr in others has not become genesally knowa
before, bat, new that 1t is known, it IL not un-
1ftrA{v TINT ft1A Is Ia uhirk Ia 7,,.S1S
up With 50 muck "shArpneea will be likely to
diminish very greatly. The impulses which
actuate people to avoid persons who are too
sntpectlng, are not confined to trade. In all
the relktions Of life there are pettons whose
readiness to suspect evil or weakness IN
others leads them coatinuklls intothe blunder
Of "plcEng people up before they fall down,
thus drawing upon themselves the dislike OF
all WITH whom they come in contact-
10 the local money market there WIS very
little change to-day from the condition Of yes-
terday. We have to repeat what has been aai I
each day for week past, viz: That money ia
tight. There are Indications, however, that .
change ia coming. Notwithstanding that large
amounts Of currency were sent to the country
to-day, il is fact worthy Of notice that large
amounts ale also being received from other
toEna in the very distsicts to which
sessss e9i.ss OF osss1 lss county ssn, cut s.nss
There is slways return tlow OF currency al
about this period in the gear, in consequence
Of larger collections in the country BY mer
chants here. None Of cur banks have foune
it nccoseary to order currency from New Yora
for several days psst, aud these facts, oonplet
With the higher price for New York exchange
chow that there isA tendency in money to 70
turn TO tho financial centres.
Exchange was sold between banks to-day \
5ec 7 q ,tNo discount. At the counter bank
ers sell at lilo premium, and buy at 1-l0 dis
count.
Tho following quotations for buying and
| selling government bonds, local stocks, gol.
| krd SILVER In This market, his afternoon. II
furpi-Eed by Lunt, Preston i Keau, bankers
| II Clltk street: