, 1865-07-04
FINANCIAL AND COMMERCIAL.
MONETARY.


In our Advertising columns will be found th
quarterly statements Of = lti2c proportion Of thee
National Banks Of this city. Ms they are not ali
published yet, We cannot make up our regular
summary showing the condition olths Bsuky ,s a
who.e. It will be found, however, nom an exam.
nation olthose ctven to the public that our Banks
are In IN nnusu,ly strong pos,uon-a fast taat
rsnrot fl to be satisfactory to the business com
nunity- As Is the case In ali ci1Ia,, the condition
OF the Bank. Is fair index to the state Of aaIts
In commereins circles. II money Is eea.ce with
merchants, It cannot be plenty with bankers; and
II The former aru In IN unsound condition, the
latter canuot be very healthy, In this Why our
qua1tetlJ Bank Statements are Yalulble, and 1t
would be still better II thsJ Here made monthly.
These bank atstenen's, however, sometimes
Tts>eat the outside public, 10 far as tbs aetu.I
running condition oY soue Institutions are con.
eeEned. Thele is 60 much due to accident In hsy.
EE large OF small deposits, md 1tgh. or heaYv
discounts, on the particular day on which tho
statement Ia made up, that the average condition
IL not always exhibited. Then again 1t ia custon,
ary With some banks 10 commence preparing for
.hetf quarterly statements several days belore thew
made mp, curing which period "c,ah On hand :,
may be swollen much beyond an average, and
other matters generally F" fixed up" to make what
Is called good s'showtng." Notwithstanding All
this, however, It L. well that We have the st,ta.
ments. II bank has been running wild In II.
buslEezs affair, the end OF tho 4p1rtsr brings II
up with short turn, aud serves to act a. cheek
On the officers. as We remarked before, th,s
would be even moro ealutary In its effects IL we
had monthly statements.
The linton Nation,l Bank exhibits re.o,,.s.
amounting to $a,s58. .s08, with a Line Of depo.i,s
amounting to *s,s1s.B75, exclusive OF fsaa, ia or
Government deposits. The pro1t and loss A.
count indicates larger earnings thsn any ot tha
other banks. THIS fs due mainly to the c,,efnl
determination exercised bJ it, officers, who ara
thorough bankeru..
The sixth quarterly report Of the Third Ns,,on,1
Bank exhibits fa1ge increlse OF busIuass over.
former reports. The total resources or The ,o.H.
tution foot up more than i've millions (ss o6s 86N
The individual deposits amount to nesrly twn mi,
liors ,Eoi 4f5), and the Govcrnu eut depo,Yt h
over half million The B1uk has In circul.t,m
Of Its own uotes scsa $50, secured By United
States bonds to the amount Of S580, ,a5o.
The resources Of the First National B,nk
amount 10 T. .G6a, and The Second to a. 17B,s7o
The Second haa Unttoa statea deposI&s 10 tho
amount Of 81. 13c. $50, and other deposits to the
amount Of ss0as The city eepoeita Of the F.st
National Bank amount to 8, 80 400; CIRCULATION
Gifts own notes, sbIi. zoo and legal tender noes
on hand, $s27, Goa
Owing to the holiday tomorrow, there Yas In.
ercased activity IN monetary circles to.dsy All
no,es due On the Fourth had to be p.,d to.daY
snd The bankers were kept buster than usnal'
The deroand for money was fairly active and lta.
counts we're easy at 10 per cent per anaum. On
the street the brokers' rates were etesdy AZ 16a1t
per cent per month.
The markst7for Eastern Exchange TO-DAY uss
irregular, hut towards the close 1t VAS nm and
very active Some Of the banks opened with
tales at par, hut before four o'clock, they adj.
vaneed ,helr rata generally to Ito pre- mum. The
buying ratcs ranged from 1-10@t di'coout. Some
Institutions which sold freely last week at iis-
count in order to increase their eupply OF AMI.
TencJ, wsxe huTers todsy. At the c1ose the de-
mt nd WAS very active.
Gold opened in New York to-day At 1854. nd.
vanced to 14f3. and closed at 4p. N. at 1895.
Cock county tertr WIS drm at D6} for new. and
80 for old. On the Stock Board, Second National
Bank stock wss sold 1t III.
We undeTstand that the suit OF the etockho1d.
ers Of the old Galena sud thicago Union Railroad
Company against the Chicago AID Northwestern
Railroad Company, will be brought before judge
DaYis In the United Staten Dlet1lct Court in this
city On Wednesday. Itis IN important case, sud
the decision will be looked for with Interest BY
" all ftIect md railroad bond spectators ceuef-
ally.
The following are the quotations autographed to
Jsmes boyd j. B1othefs, gold brokers:
1s 1sss::9!s !se.:::::::..1s* .1ss
1a:tU.. 4:o0.........,,.....isqf
Here the market for gold was unsettled, 10 c,n.
sequence OF the cloainRaf the New York Stock
Board. On the Stock Exchange, tales vera made
esrly at 51.:saGIsoa. AID in The .lse,nvou at
81 2ot01.40s. In the street the b.oksr,s mid
81 81 ut the opening, and $i33 Ut the close. s1l
yer wss quiet and steady 1T *1,ao-
Government Securities we1e firm. We uuote:
Buying. Sailing.
Y, =. t@oe, .-.,---..-. lust 10&
U. & 10 4Gs...-........ @f ct
Ats meeting Of the Directors Of the Chicago
Dock Company, held July ID, FeIuk r, Chandler
vas sppointed Secretary and Treasurer. Mr. c.
. 4 young man, fsyo,ab1y known to the banking !
er upon the dut1es OF the oflcs July 9th.
-Tha New fotk ETenirx Stock Exchange h.s |
,ecn organized into Joint etock company, with |
cspltal Of {500 0c1. divided Into GOO shares OF
rs each. The trustees are: Robert 4. Gallahat,
Vill.am II. Parks, Warren Kimbal1. B. Frank
3allAher, Charles P. Currie, John F. P1ckrell, A.
:. Lsing and Robert sevell. r. Fl. Gallaher Is
resident, William N. Parks Treasurer, and J. T,
9ircheeter Secretary and Asststant Treasurer.
in Boston tha applications for loans are rather
limited at the banke and in tho street, and ap-
royed borrowers obtain what They require, on de-.
aan6, at i've and BIZ per cent, on pledges Of frst
lasa securities. but more Is paid in other c.ses,
.here greater risks are taken By lenaers. These
ranaactiuns arc Oft confidential nature and sell |
ON made public, By either borrower or lender.
Tho Boston Journal OF Friday Last contains
be following recapitulaton Of dividends paid In
tcAton In July:
KXuApTTULAfToN.
iseellaneous: tu.5t9
6 tfIctt on bond1. .........,,.. ..,.ss., G6& Ell