, 1870-04-18
MONETARY AND COMMERCIAL
MONETARY,
ESTrunA% Ev<~r

Earrnnss Ev1Nrso. April 1f
Business llaa improved considerably during
The rakt week, and the streets anil stor-a haze
PRESENTED An anreacaE"c Of activity There il
more than the uRr,al number of country r,cr-
Giants III the clsy. though they are yene-aliv
hnying ib sm III a,nnuHts, 80 that the aggregate
OF business is not elaaf 10 what it wou1l t. If
confidence in the future was not orcrsLalu.sd
i'y the fear Of what Congress may do in con-
uection with t1le currency Tie Funding uill
II now almost the Onlr cause of snv Apl,rehen-
Sims on the part Of the trading community.
M the other causes OF depression have Ell
r1ndel tie most cf their forcc. The Iec!;ae
OF geld Las rruS1ccd ! decline in wholesale
prices Of nearly AL kind. Of goods, and though
il naIy instances il Is not equal to the decline
Of geld since hast fall, it places prices on
!,asis where there is not likely to be much more
t!..'cc for eomc time to come. The Price OF
gold has lost it's doWnwasd tendency, md under
the speculative operations Of Wall street, and
renss revival Of export. ot gold during May
ard juno, the Price is likely to chow higher
aversge in May than in April. W,,e1t, the
ETe:fftarle OF The Northwest. can scarcely get
nu"b lower. Farmers, in their present pre-
partitions for planting, will probably turn their
rrrsshle that this, as we'll a. al other whest
rv"tlucing regions, viii have another rs a!,nu-
t!ant crop thi4 year as during tho last two.
On tho whole, there il good reason for
expecting revival ct business and il the
rurrclcy question was settled on come reliable
hesir, It world be the beginning Of Permanent
prosperity.
Money continues eaHy most Of the banks
ss1rc More f,lile th1l, they can ura to adva1-
saSe. ind ii is believed that in the aggregate
the tsnks wonlI Increase tl.eir loans = million
t:tslsrs il tho proper kind Of paper was offered.
Exchange IL weak at about &c Per II ,FU
premium fo- sshe between hs,ks. At this
counter, bankers sell at l-10 premium, and
buy at par.
Tic Inion INSURANCE cni Trust Company
.Suria5s Bank has rrcratlr been orGanizett
unacr charter granted in 1857, and has now
eGened IN otiico at the northeast corner OF
Madison and Dearborn streets. It's plan ot
operation il indicated by it, title being COM
tiration Of ono phase Of life insurance with
the l.i.iners cf +avi,,ss hank Drro.it- car
lr made br married women, and secured to
them e1eauRivcly. Moneys may also be de-
fpreG. of rn,norr, and not to ln
withdrawn nltil they become of age.
Tho Swings department viii. however.
tr' tl,c leat.;s,S feature: On tho third wctnes-
day Of January ard July OF each year, the hank
will pay interest atthc rate of Grcr cent per au-
mum free from government tail. OF all sums
Of one dollar end upwards, wlicl. R.1all have
been deposited foz the space Of one or more
calendar months. lts officers and Trustees
a1c wcl known business gentlemen OF thin
city. whese nance will Five good character to
the institution. =. ". RawHon, President J.
II. rcaseon, Vice President, ". u. Hoswell,
Secretary.
Tie manager Of the Clearing Ifouae furnish
cs tho following summary of tho business Of
his of,:ce fur tia EetI c1.tsinr Ami Ii.