, 1870-09-26
MONETARY AND COMMERCIAL.
MONETARY.

SATURDAY EVENING, sco. u.
= DuAiness: at the bsnks. il htil( quiet and
money isreported close, blt m sasisr feeling Is
noted 1ecently, as our shipments OF prod1o 70
to the East are increasing, and our iii pur-
chsseA on the seaboard are slightly diminish.
ing This Ia Augmanting our credits In Nav
York, and VIC note that two or three Of the
banh arc receivtng moderate amounts Of cur
Eeney from that city, which wll tend to mako
and enable the banka to e1tend gomewhat
their lines OF discounts.
Saturday IL usuaily q very qniet day at the
ba,iks, and to-day Wae no exception to The
rule. Applications from tho country for
currency have been 1Ather mora numerous foe
two or thrco days past, but were few to-day,
and the offerings OF prime businesa paper
were a]xo lees than heretofore during the
week There was no difficulty In obtaining
accommodations when asked for by regular
customers, and one or two outeideIa wele re-
ported a receiving money On cali, At per
cent interest. government securities being de-
posted ~ eollaterAs.
Exchange on New To1k WAS rather weaker,
but we hear of no sales between banks 1t lesa
than 5Oc Per e, goo discount. Counter rates
are par selling, and buying 1t s1.00@1.25 per
81, eco discount. The offerings are fair, but
not large.
The report comes from Washington that the
regulations for inland transportation OF dutia-
bic goods in bond areso strict that several cou-
panies have already indicated their unwilling
ness to make the required contracts, beiiev~
ing that merchants will prefer to pay duties
at the seAboasd, in the old wav, rather thin
submit to such restlictiona- Among the foA-
tures Of the plan are tue following: Al such
goods must he forwarded in iron CATS, built
FOR the purpose, aud fitted with such locks rs
Washington, the keys to be held By
government ofdr:ala, and no other
goods to be allowed in the same
car, though 1t be not half full, while Ill tho
expenses Of the officials must be borne by
the importer. Il should, however, be Re
Of the regulations issued BY Secretary Bout
| we'll, eome time before the bill becaue law,
! and may have boon rcrcinded since.
The Collector OF the Port Of Chicago has not
| al Jet received any Instructions in the mat
ter. and il il much to be hoped that When ths
Instructions do come they may 10 found less
| odious than il nov expected.
On the 1st DAY Of october: tie taxed on saloe
imposed BY the internal revenue law VII
cease, except those on Bales Of tobacco, snu1
AID cgars, and wines aud spirite, excepting
| also the ta1ea paid By stamps. The BpeciA
ta1ea m articles in schedule A, on boats
bargee, and fists, On }egscisa and SUGGESTIONS
on passports and gyoss reecipts, will alst
celte. Also the stamp dutfes on promIssor!
the payment Of Any sum Of money, whethe
~ debt or Otherwise. and the stamp ta1 o.
canned or preserved fish, Ere all abolished.
A New York telegram says: -.
and mortgage, hy insurance companies In tni
Sialc, while thc amount 70 loaned hy life insu1
ancc companies alone Increased fron $l6, 81:
y SO, % - 'ol',soi. Increase sse per cent
| Tour Ye4A"
The news that tho peace negotiations h&v
probably fallen through seema to have pr
duced no nppreciable effect On our MARKET
Gold il weak under it, closing 1t 112N.
Manager Ives seuda the following state
meut Of the business Of the Chicago Cie4l
ing Unu6a for the week ending to-day.