New-York daily tribune., 1865-12-21

New-York has declared semi.annual diV,dehu "
four per cent, free from Government tax, payap'0
on and after the ID day of January.
The dividend on the Stock Of the Great western
Marine Insurance Company is 81 per coh'' gnu
This Company always pays the interest OH i'' ''OOA
and interest on its script in gold.
The Chatham National Bank, seini-aiihu"i' P''
cent.
The North River Bank, per cent
The National Citizens Bank, D per cent.
National Broadway Bank, semi-annuai, II per
cent.
The following shows the exports exclusive Of
sncc;c, from New-York TO foreign ports for the
week ending December lS, and since the beginning
Of tho year: ,ss. 1894. ,so5.
F., IL. week siStsofls So, s.liss7s ssliSias
Prev reported. l63 .94 333 2c5 94 34o H'%HO'o
Since January l.. .lG5 9C0456 2ilco139 nG.ee3 59l
Long engagements for capital do not increase in
favor with the abundant supply of money on call,
and safety rather than high interest is the rule OF
action. As soon as Congress reassembles steps
should be taken 70 retire part of the $3.50 ,ooo,ooo
of plain legal tenders upon which National Bank
credits and commercial obligations are so much
eS pended. National Bank circulation. in the ab'
sence of compulsory redemption at tho Atlantic
cities is really legal tender and the rcadest way OF
correcting this evil is to put out oi eA'
istence the legal tenders with which they
nretend to redeem. The retirement Of 500, ,oO9, 600
of plain legt, tenders would soon compel banks TO
Iursue prudent course and limit their business 10
a legitimate amount. as natural consequence, the
multitude Of spectators who have been preying
upon the necessities of Government obligcdto ex-
pand the currency by the issue oi hundreds OF MIL
lions Of dollars Of promises TO pay, would be re-
turned 70 productive labor, their vocation suddenly
ending by the retirement of the paper moneywhich
brought them into every market where comnodi-
ties are exchanged. The necessity for retiring
the legal tenders is now as apparent to prudent
business men as was the use of legal tender to
Congress when it was allowed, and the sooner
action is had the better.
The Cincinnati Commercial Of Monday says:
Exchange WAS somewhat irregular In the experience
of different dealers. Taore is roi, however. any sur
Plus in the agsre. ate supply. aud small premium Is
The money market remains in a comfortable condi
ton fni regular mercantile pfr'r ot sn a'cept'be
character is rot difficult TO nefoiiate II Is icaafaed
rs worth l0dI2 per cent. risid adherence To the
ch rier rate. without passing the loan through Din oi
exchange is the exception followed strictly, We believe
by bot two Of the Incorporated banks III the city.
The Chicago Republican Of Monday says:
Some of The bankers report more ease. bnt borrowers
ohery lse Than hse who have fittcdss securities Ia
Offer fnd mach difficulty in ,btaining loans. Parties
who engaged in stcty legitimate business enter
prises can get all tie accopDodaflons they ~hni ILe
brnts are advancing on wheat 81. ana n snne ln'
stances 81 l0d al l5-the rprer price the extreme
Money cnnma, ~ pCr cen; nj al the banks a.d on
tie street per ceit per month Is paid and In some
instances even hiebrr rates.
The market for Eastern exchange closes frm. The
supply making has been somewhat improved during tie
past few days, but sufficient 10 ufect tie rates.
an tie banks ale chGiph LILO Of per cent. Inc buy
es rate over the c unter is par but from banker to
banker sales making is, o. 75c per o.! OJO premium.