, 1859-01-06

WxsxtaDA1, jan T. 18a.
Monty. E1c1ANak, Gq.-Business OF all KINDS
is moving along quietly without any new feature
from day to day. Rates Of money at such t'nes
show very little variation. In money there II no
chsuge whatever, and rates must be retslnea'
.ia: Bank discounts, 10 20 cent; exchange
steady st ~; Gold, l@lK. Street rates nom
ipsl at l16@2 per cent per nontb' Win 'e"
transactions.
F.G. Adams, Esq, in the LAST No. OF his bane
NIot Lit gives the following synopsls of Inc
profits of Bsnking in Illinois:
Outsiders believe that to start IN Illinois Bank
with 1900 900 circulation, requires ihfee nuno-
red aad thirty thousand dollars IN money,
$500, 900 to buy the stocks used as security, ana
ugoo fof the margin REQUIRE y sne III aa'En sai.
lake. Mixing Illinois Banks to order, OF anY
required size. is . regular business IN chicago
ana New York, and It pays both the agent "no
starta the Bank, and the specnlstor VINO Tta ~
own 1t after he has paid the Agent 1or u" ,ae hae
Ayen. adrauces The money to buy the otste
Sucks in New York, teuds them TO Sprlngbela,
gets the circulation from the Auditor. hlfes u
signed and cut up, and 80 gets ninety per cena.
OF the cost Of the Stocks The ten per m cent re,
quired by the Law Of the State, ano b'oAe1s
commis.inps. have to be furnished By the owner
ofthe Bank ...
lu the figures below no allowance ls made for
iuterrs, on coin At the Bank, from the !act that
it ia neithcr necessary nor utual 10 Keep any
there; NOR Tor the eIpeuse ot redemption IN e1-
change, az the Banking lar requires no redemp-
zion except at the Bank, and II the Bank Is Ju-
diclously located, il costs more 10 return the
notes tor coin than the premium on the coin ls
worth, tor the first yesE no Charge ID mtae lot
taxes, a. the sharp practice Is TO start ihe bAnk
directly after the lax sssessor has maze n1a an
null rounds, and SO escape being taxed nj all me
first year.
BaLk with $3ou, 900 circulation:
NJ rein Of 10 per rent. required by AudoF...'.. av
tx: ,ss a.. reT sr,1,1s seM md .soc iS
baHty Of Prr.i1tn.. 4oo
caFpIT.
GTcnls.Sn o Fec u5nas tu5 4 :f cent S
Guilty On Bank 1t the end first Scar.... sls.ao'
Ercosn rk.K-credls. ,,o
Coupons from A:sdor. 2ys.lOu Bonds 81 Ct ;s ED
OcfLAf. ...
EstFs fsiIFs otrfe.laest..::::..:ss3 s3sS s
Profits Heccnd Yea-. ~ a.,
Outlay first 5ear-...-..- .t'-..'-'''''''' --.e1-
It the end c'.ecopd yea5 ths owe. Of the Bank Len
h*s got lack Its wlole outlay ana ''''
Aad has bc:ongn- 10 Inn IN the hsnos Of Aualier e.
til: ten ptr ceut mx1E1n .e.
Leaving sb troGt *-o'o
On two years' outlay Of s3l, ,I2o. Afler the Sc:
cond yelr, Tut which time the Bank has repaid
all advupces, J il will gire an income OF $l",eot
@ yenr, md this without tarttlng OF capital
As an illustration, one Wall Street house no"
owns in Illinois and lBcousin circulation o.
o~er {70u, 900, which gives it profit OF Abou
$4o.0uo year.
CoxuenclAL.-The Hog market to-day va:
very dull The receipts were very light; ou'
buyers are nearly all withdrawn. and city pack
ers ure preparing 70 close up the Season's onsl
pess. Live Hogs sold today at range Of Il q
4Cj-the hitter for lot Of choice tut hogs, ~
eragiug 1870 lbs. Dressed Hogs sold at Is 5'G
Ce5, There was one very heavy lot Ut th'
Galeua depot-averaglng $40 lbs, for which tn
owner Was offered &c 50. bu; they ere held c
& 90.
The Provision market is also dull Mes
Pork is dropping. 4 sale Of 800 bbls cit.
packed WAS made to-day nj ZIG %. Lard IL bell
firmly e. 10 q, 1nd sooae are escn asking lle
Therel C no buyers, however, above 1896.
The Grain markets we're quiet. Seyera sale
MAO
in store No. spring ct Sic in store; No.
spring q. Csc in store; and Etumptail ct eoe Il
in bags. Corn wnc scarce, nnd under m nctl7
demend by distille!s, advanced L. ohe11e
corn sold at 55@57c, nnd Ear 1t 3.c on track
There is some inquiry fer n4'5; but holders aF
considerable above IT, views Of buyers. RI
is scarce and in -emhnd nj Go@c5c q. depot
:arley 4oa e. ior No. to No. l, and for choic
tEo-rowet t5c.
TIE Flour market is very quiet, and under
sonfcltY Of buyers, the stock is accumulating
Spring Extras are nominal at IS 75@i 80.
srATE OF FLOUR AND GRAIN IN HEw.YoRk.
IFso1a the Sew,York Evening rostl
The to,ni 8tock OF Hour iu this market ns 1u
certained by personal canvass of the trade, j
72l Sal BARRELS OF wheat. l ell SIG buthels
of corn, ,b3. .dJ3; Of rye, 43,511; Of oats, $50,
900: of blr!ey, s11 ALI. Tie stocks OF the thre
preceding yea-s compare With tue present yen
as follows: