, 1870-09-18

SArunpAY EyESISG, Sept. Il.
There il no new feature to note ln the local
money market to-day. Business is exactly m
The same condition as noted in our issue OF
tLis morning, The banks are doing but little
III tic way of loaus, accommodating applicants
hit spalinglr, AZ they hand their favors to
th1ae regular customers who ofIer No. Pa
f,as for short date. There is no doubt Of the
tact that tile Ls1ks hate refused urst-ciass
csncr when offered by outsiders, Is ther ore
I'll auxious to increase their loans at time
whln the lines Of deposit are run down quito
iuEz.snd the bankers are tnomeata1ily antacl-
rssipg call from the Com mt,trolicr OF the tinr.
r,ccy 10 mako statement OF tue condition OF
tAeis affairs for a day not yet named, And per-
Laps not decided Oil.
fila renrral impression seems to 10 that
thr cali will be mat1e eoon. us no c'il has been
,Etde sincc the 9th day Of June. aid the pro
s.tinn il made for i've In each ySar. but me
probabilities are that the call Will MT be nade
| Iii north. The meet likely TING to be set
| is lie iirst or second 1loudas in October, that
: Mc abou; the time 10 which the o:hcial has
| A,E.iosare made out bis animal sta'sineat "i
/! condition OF all tho National banks III The
r. u1ssy. Tho day uamul last year was Oct.
9. and the returns E,a:e for t'1at tay we're
r.'lisled in lis annual report for 1867.
II il not probable that the ls.E1ace OF the
ell will make any very great difference to
lie volume OF currency placed at the cons-
| 1.a.xl OF commercial cities, but II ie certain
|. :,.t it vonkt do something toward lensen'ne
t.,e tis.,ness OF the rein Whi:li seems to "
s-sVn shale more strongly every DAY. W!
luoet iupt.ceptihlr. The banks voule
scarcely csre to nake an abundant, exhibit u
IL. face at \ stringent policy. and usny q
| item have given up the fancy OF mann8
4 ,,:ne1aLurdsbt thow where II does no good
I II In legal reserve be defined IS showing the
iatof aafety, then many Of them a5gue,h g y
s ct. Eo use to be safe overnuch, ana n
| iac. Of = larger surplus thar IL called 10
:rsues m unpleasant ina;spositiop to &c
, v.umodate the public when it is in the'
| :>o~ or 10 DO 20.
: a,d the applications At the banks Tor loans ar
e.irhtiy on the increase. TIE shipments c
: | t.51encv to the country are also gro"!nt
:..p:n still not large, and the collection
: rom the same source continue 1noder!t'
; lie rccone from this eource il about equal
r ,!.a outso. With the appreciation in rrsces
t srsit Curing he r.st Two days an iuczessiu
!. sire 70 spe-aia:e is noticeable. bat many
e | lie snks are discriminating nRslnst borros
: crs for THIS pur,>oee, though affafsling all &
y id that is necessary to shippers. Ihe rate
n >rk interest continues sseady a. ~ Per rs. ee
t ..1rgcd wher governments are deI-osl:ed
= ,llates7ls. The street market u eta=h-
b lag per cent per month
e Eastern e,chaaEa il quiet and steaay a. =
Il ,rr II 600 discount between banks, Cgnnt
o | stsa are par EelHpT, anu S1.Ev' 49, t
ID i. GO discount On purchases. We heard
n. III few salcs today The quantity OF
ID | j snsc making Ii only moderate. ,o,,r
Il Gold il utra5y II former prices-l-lla@l IL
- United States bends arc dsmer IN this COZ
e .sy, in consequence OF purchases q sna =,
e e:.meat for cancellation. which re5nces
= y,Sume Of those on the martet- Tho ca
" .anse il operating to produce equal hz"n
e. IN Europe. .-...;,,,,
L. Tho following quotations we're reeelEed,