, 1869-10-19
MONETARY and COMMERCIAL.

MONDAY EVENING, Oct Is.

The feeling IN Eoney mattet1 zcemA to ne some~
what better than last week, Al The bsuks, un~
feel more dtsposed 10 loan since they
have passed their statement than they did bctose
the day was poai1si II known- All but two Of
the lanks have published thelr sts'ements and al
such NJ have eten pnsI.hca show that tncY had,
on The 9Th, moro than the full reserve required BY
inv, though the statements OF sereral Of them
aito asow that on that date they had but three or
four thousand dollars to spsse over and above the
legal limit at ~hica they are required By law to
cease loani,R Th:s, however,, Is no moro than
might hare been expected, ccns!dcFihg the strain
Eade upon ttel1 RESOURCES 10 carly the
t,ntn that haA accumulated here ten days
ago. The statements thlt have been Published
chow the contt.ion OF the banks making them
10 have befn within The limits o. tho law. The
law Is ! stttrHent are auu provides for the most
ample tecuE!!y for The deposltors.
Considering, theu, tho pressure That
VIE being experienced here NJ the ttue the
ktn:en epts rc:tE 10. the showing Of tho banks
Is IL general very satisfactory one. The state
ncnl Of tic new National Daok OF Commerce ~
buwcvtl, In rome respects, IN exception to tue
general satisfactory shoT'ng. 1t Il nat male out
IN the form nrcsc:isei bs the Comptroller Of the
Currcr cy, and fer which purpoIc olnnks are for
warded br him 10 the banks, With accompany
lEe !ns.ruetioEs directing that the statements
shall lc published cut ii the "prec,sr form" pre-
tcribed. TIE Instructions OF the Comptroller are
E0 explicit On this point thst
there Eetns no excuse Tor q hank drawing
censure upon i,sclr, nul being obliged 10 publish
It's statement second lide before II eau get the
recetsary "pub,shcrs cctt'ucatc," Tho Nation.
al Tank Of Commerce has been in operation tn
th!a clfy twenty IsyR Its statement rhoEs that
II has psId-up capital Of ta1o,uoo, that ita de-
posts amount TO st0s,7al ani that watle ts leans
and discounts Amount 10 OILY s9l,1sG. II has had
paper rcdtscoun;cd to tic mount Of 5ss s:s. THIS
lsst item Is a rsthsr uuu*ual feature for q new
Iank- AZ general rule. It II oEy the banl2 which
}are larger rru Of Gu us:omers than they eau car.
r. \ ho nte obliged 10 get re-dilcoanss- Such
condition, however, Is not usually expected for d
,;ank that ha. been IN operation only twenty days
Our usua! sufan1nsy OF the statements Of all the
! Sarionn! HankB Of tho city viii be published to
| orsow. .-....... ... ....
| TIE spoms Of the Chicago Stock Exchange wcrs
Of rcred 10 the inspection Of the pubic for the nrs
tt,ne this evening. At Ioa Clark street. detsiaet
; DESCRIPTION Of tie rooms, together With LIST o
the ot11cers and other particularly will be fonul II
| our local columns. Tue Hoati Of Stock ann Golt
lrtkers nharn II Is expected u III avail themselves
ol .hts opportunity 10 ESTABLISH systematic meth
cd OF tuytpg ecd aell1rg stocAs, has cot beeu OF
fsnt7ed for huslreSs get, but the subject nas beer
eare,ulIy caurstseo by the members o
the Stock Exchange Association, and the!
Lave The pledges OF enouRl
hrckesr, bankers, Insurance unen, and others :!
! lag In sicekp. u jn.tify the announcement TIA
lhc.Board Of brokers viii be organized and bcgi7
the daily hu. ing atd Eeltirs OF etocSs 1t the E1
chatee Rooms about the tlt Of November. TIL
lis, ol stocks TO he "cal]ed" viii At DIST corsis
Ct our local tosat Iocka such ~ bank. 1n4ufance
city railway, narufaet1r!1R, coal and !7on Htnlus
saeether with al the various city, county, an
latiounl ftcntlttes, and such railway stocks as ar
dealt IN To any extent IN Ibis nasSet- To th5 III
OF cats viii be added, from time TO tIoae, sue
stccas OF sny deception IN which II
in,eses. Of hese or IN the eueroundln
COUNTY, can be aEAeeued- The Stock Fl
ciauEe Will lie In direct telesrnpa
communication With New York during It's Sc
fteps, Tue STOCK Eycaaugr Of any financial ce1
Ire must Lecenar1ls lave q LIST OF A!ocks for cal
which Is prcu:ia1ls VA own That OF Boston
rcmrn*ea, u g1ca: extent, Ct tie Cotton 8o!l
tirg and Other similar Manufacturing stocfL III
, Of Phlu.de1phta il composed iArEe'y Of tae CO
u,nlrs sIocIs Ct Pct nsJIvaalA T1.s Is the les,
fnx idea Of IN exchange ot any Kind, EtL; A plas
where buyers and sellers may meet and est2hit.
the ne1f<f pritt of s1ch stocks or securities
i. wcula o.herulst. he but indefinitely tnoKu. Il
row She czse w1lh Al our local }o!ot stocks ~
tecur1ties, ...-...-.
Exenargc Il rather weak 1t par for sales
tween hatks, and A. the supply OF produce bt
Is inert as., eone @! tie Usual buSc are exres
I Ing lower 1xtea. Al the counter. bankers are sc
REF a1 l!e premium ana bosicE n fIou par
! 40 ai2e1o1s ....
; tuyt1e and selling Soscrumens bonds, local stool
: femL anrrsl iL!cre., pe11ols Of the Ccised Sta:
1rRle hlan rifrn.