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Monetary and Financial. MONDAY EVENING, Dec. 3, 1860. We hear of no change in Money matters to-day. Although the old Banks have been discounting quite liberally since their suspension, there is still a heavy demand for Money, and these who go upon the streets for accommodation have to pay 1@2 per cent. per month, and in some cases higher even than the outside figure. Exchange is growing more scaree, but the old Banks still continue to furnish their regular customers at % per cent, but it is only those who have claims upon the Banks that can get accommodation to any extent. The other Banks and Bankers charge 2@5 per cent, and we are informed, are able to furnish only a limited amount. A Banker informed us to day that upon learning the other day that Exchange on New York had de lined in New Orleans to 1@1% per cent discount, he telegraphed to his correspondent at Memphis to ascertain whether he could purchase Exchange there at what rate, received for an answer tha but a small amount could bepurchased at I per cent premium. So fluctuating is the market for Exchange thatwe omit all quotations for Eastern. We print elsewhere a statement from the President of the City Bank, showing the condition of that institution on the 1st inst, from which it will be seen that the note-holders have no cause for alarm-that the assets are ample to meet all the liabilities of the Bank, and that it was only a question of time and notinability to pay, that caused its suspension. A largenumber ofour merchants and busines men continue to take the issues of the City Bank at par in ordinary transactions, and this should satisfy the noteholders out of Nashville that the strongest confidence is felt here that the Bank is fully able to pay its liabilities. The only change in uncurrent Money we have to report is a re duction in the discount on Louisiana, Kentucky, Ohio,,and,Indi ana. Louisiana is now quoted at 1 per cent discount, Kentucky 1, Ohio 2, and Indiana 3@5. In New York on the 30th ult., at the first board, $9,000 Tennessee 6 per cent Bonds sold at 76½c and $2,000 at 76c. The New York Bvening Post of the 30th says: Stagnation has taken complete possession of the Stock Exchange. The business to day was even smailer than on W ednes. day, and many of the leading stocks, when called, elicited scaree ly a bid or offering. The usual hour for closing the official transactions of the board is o'clock, but such was the inactivity this morning that business was concluded at 11.45, & feature of the market not noticed at any previous time of the current year. The State stocks are rather steady to day. Tennessees are an exception, dropping to 76. Missouris close at 68%@69; Virginias 79K@79K North Carolinas are 80% bid. Louisianas are offered at 93; Californias at 88. Government bonds are weak. The Fives of 1874 sold at-96% The Fives of 1865 are quoted at92%@95. For the new loan 93 is asked; for the Sixes of 1868, 103. In railroad bonds there were few changes. The tendency is downward, and most descriptions are held above the views of buyers Money is becoming sluggish on temporary loan, and within a few days past the offerings at 7 per cent among the stock houses have been in excess of the demand. The note brokers are not in favor at present, and to this may be attributed much of the pres. sure of paper in the open market. There is little or no disposition among capitalists to invest in mercantile paper, and "gilt edge" names, including some of our leading exchange drawers, have been done at 12 per cent with'more offering at the same rate The old buyers of paper stand aloof, and we notice, if anything, a hardening tendency in rates. The foreign exchange market is dull at the advanced rates. Bankers' sterling ranges from 103 principally at 104½ no @104%. Francs are quoted at545@535. The telegraph reports sales of Tennessee Bonds in New York en at the second board on the 1st inst. at 76c, Virginias at 80½c, to Missouris at 700, North Carolinas at 82c, and California 7's at 89c: I The act authorising a suspension by the Georgia Banks was vetoed by Gov. BROWN, and has since been passed by a large majority in both houses. The restriction having thus been removed, I the Georgia Banks will most probably suspend immediately, and I will likely be followed by the Alabama Banks. The Union Bank of South Carolina, at Charleston, publishes a statement of its condition on the 29th ult from which we learn h that it is due depositors and nete holders $378,485.42, to meet which it has the following assets: e Local Notes $141.360.11 3 Bonds 46,726.84 19,430.35 Sterling Exchange 8 362,342.13 Northern Exchange I 233.963.96 Southern Exchange Coin 181,774.25 c 42,512.70 Balance Due by City Banks tl $1,328,119 3 The Fayetteville (N.O.) Observer reports the sale by auction E in that place of eight shares of the stock of the Bank of Cape in Fear at $118 share This fact indicates that the Bank is in a u very solvent and prosperous condition. The Columbus (Ga) Sun reports the sale by auction in that u place on the 30th ult, of ten shares of the Bank of Columbus at m par, and adds: "This sale indicates well for this institution and fil its management, especially when in the midst of a financial pres sureso hard as our people are now passing through." q We mentioned the other day the suspension of the Manufactua1 rers' Bank, at Macon Ga., and the probability that it would T be wound up The Macon Journal and Messenger of the 28th 81 ult. says: m This Bank closed business on Monday morning, by suspension of settlements with other Banks, and specie payments, except to bill holders of small amounts. They continue to redeem their bills in those of other current banks, gold, or silver, as the hold ers may wish, with laborers and all people of small means. From A the most reliable information we can obtain, the Bank has ample means to meet all its liabilities within a reasonable time given to 2, make its collections. From the pecultar pressure of the times, ev which we all feel and understand, the want of sales of Cotton, W and consequently the Bank not receiving its usual payments, has th compelled it to a suspension. Our mercantile community cerat tainly do not class it as "broken Bank," (and who should be better judges?) as all, or nearly all, receive it in sales for all to goods, and some for old debts. do The Manufacturers' Bank, if we mistake not, has never been hi regarded with favor even in Georgia, outside of the influence of en Macon,having been looked upon as a "wild cat." git According to our telegraphic dispatches, it is probable the bil Banksof Augusta, suspended specie payment this morning. an Theother Georgia Baoks will, of course, follow suit. m W Exchange on New York was quoted as follows at our latest tio dates: New Orleans ½ per cent discount, Louisville 1@21/20 precr mium, Cincinna 11. St Louis3@5 and Chicago 7. for We notice in the Louisville paper of this morning that petitions sa are in circulation in that city for signatures, praying a suspension th of specie payment by the Banks W: A comparison of the footings of the last wekly statement of Do the Boston Banks with those of the previous week exhibits a deby crease of $1,431,056 in the item of loans and discounts, a decrease elo of $359,781 in circulation: $628,267 in specie, and $1,419,687 in deposits и e annex the principal footings of the two weeks with Pr the corresponding week last year re Date Joans & Dis. Specie. Deposits Circula'n St: November 19 $64 150,613 $4,518,341 19,384,381 7,705,674 November 26 62,719,557 17,964,675 3,898,074 7,345,893 Same time lastyear. November 14 $19,220,885 4,855 433 18,821,933 1,802.704 pa
