MONEY NIARKET.


Saturday, August 90 p. MI,
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The tendency prices is still downward and the sales
today show falling off Of fraction. sonington de-
cllned Ohio 6s Reading Railroad. j Norwich
AM Worcester ; Long Island, United states 6s ;
Canton, Morris Canal Pennsy lvania 5s Kentucky 6's
and Erie Railroad closed firm at yesterdays prices


Domestic exchanges rule very low and the demand is
so limited that quotations nearly nominal We have
within the past year two, conclusvely settled the
fact that any evil in commercial affairs if left alone
will regulate itself We find this particularly the case
in our internal exchanges, and the only regulation re
qured, Is the operation of the legitimate laws OF trade
There never foolish idea entertained by com.
mercia men and hnanc.ers, tnan that required pow
erni banking institution, with branches distributed in
every section OF the country to regulate eqnaize, and
reduce the rate vf exchanges Unless trade conducted
upon sound basis, and the balance between different
points regulated and reduced through the operations Of
trade the evil only increased by rcsorng to the aid
OF banks, or by calling in funds TO lqudae the indebt
edness by loans


During the spring and of each year the south
and West become indebted to the North and East bv
purchases OF merchandise this indebtedness ia louida
ted every ia and winter by shipments of the crops TO
the markets where they indebted, and the balance
whatever may be runs from one into another
and at times Is in favor Of section and at others in
favor Of another SO long a the banks keen out of
these operations the rates for what little exchange may
be wan'eu' rues very low puf the moment the banks
step in, every thing becomes deranged and rates ad
vance, through the very evils these institutions intro
luce There is such variety of interests in this coun.
trytherei is much dependence in one section upon
another that the difference which may from time to time
be produced by the operations of bsrter trade mus
regulate themselves the laws OF trade like the laws OF
nature unaerabe, and when left TO their natural
course, invariably produce uniformity regularity and
consistency, which attended with tho most favorable
results.


We annex the current quotations for domestic ex