New-York tribune., 1872-01-15

Money is becoming more and more Abundant ana Dor
roWers were supplied to-day On new luaS az ana per
cent among the Government bond houses ana ana Per
cent among the stock brokers The denand Ior hrIc"SS
commercial paper Is active, ana e'oVe s''"'' H''o
at = to per cont.
The weekly statement Of bank averages indicates the
return flow OF currency from West the increase OF
DEPOSITS over those Of the previous week amounting 70
about S9OoO090 and the current rate of Interest Tor tep
porary natural sequence has been reduced 10
something below legal rates IL will be remembered that
for some months preceding the Chicago Dire money was
loaned lor short periods at e rae Of and per cent
per annum and but for that dire calamity would have
continued for au ght e TO tae contrary 10 rp at
about that rate, with TIE possible exception or lc"
days about the beginning Of the year, when the c-HnS
in of FUNDS meet interest and CNi'o'Is niAh' 'l'
uraly be expected T. produce temporary ftrn&eay'
There 10 10 exact mOi5 fOr aeccrtlIaus the anodt
Of money dawn from us 70 Iey h.agaHccs; but
We shoud think $ycoE,aO WC-l not he an
unreasonable estimate, and thc Withdrawal o. ne
amount must haze been almost Simultaneous WIN tA'
aunouut tC4eut of tho fire, uasmuch q ali prudent III
surauce companies that had iisuct CHICAGO r'l'r'
commenced % prepare tl,ms Ives Tor The "ois'
in some instances calling IN money ID excess
Of their actual Losses affcr"a.i tsceit"ia'"'
Very few solvent companies GyaItd OF inc
GO llys' TIM, 10 which thcy entitled by tAe terms
OF the po i,s; ana hence Che oa.va.dfoW T aa rapid
as Nvas cou.i,,tu with Irap.r aj4 iirE' OF 'he "c
c,il
- the usual d.mond for The movement oi e crops Hnd
In, large amounts st times locked iy l,cr s2.c-
le-ors co-rI NOT have fHl-I OF Is iHr
e.ce upau Tie T.Irc Il l-o..yi tGt tl' t-tt
Wa. rs we stated 80 tir tu' u would h' only trhI"
r.y; ana now after ape Ga o. e." W,cas, We iin1
lie current rctuluID. 10 us cr'" Ter tiH I j. A'a Ll
we can md profitable usc for Tho money. II seems in-
pos. ..lc IN ills age OF rl'ro1's and t-r"ap'5 tmo"cy
TO command cxori.luuy L-h rates aulw"cfe Tor tAY
heightened period, AMI NOR, c.p.citY az
great commercial aud financial center Ike Nrw-4ork.
What en, CT the present cAcagGt5, aAl The iro ptciNc
increased lJndaIce of money " have upon the price
Of stocks anl OF the better class OF the new railway
bonds ami other p1pula. investments T. q question
| that will doubtless command serious att,I-
| ton Of both investors Hpl fQc-ullt3rs. II We
| arc to drift into the condition Of things prevail
ing before the Chicago fire would not be surprising
al that class Of sccrriflcs 10 which The 81 Joseph and
Denver City T1ad tho Chesapeake and O.io, and tho
| Northern Pacific belong materially advanced in
price, II 1l the substantial sto-ls aAd +e-"eni"d
bonds PFyEc 55 much a. per cent Interest were ili
! &C par. There many railroads whose stocks
are now selling below so per cent that must improve
with the growth and prosperity OF the country nAiH
they become regular dyidcnd-payng investments Il
will c for those who live by that kind Of speculation 10
determine which the particular stocks most likely to
| be enhanced by the general thrift Irtoli-
gent people could make reasonably accurate
estimates in such cases II tIly could fe.l
assured that an the railroads Of the country man
aged IN the Interests of the stockholders and the public,
instead OF being Gu pla"l or the benefit Of thc stCct
! Specializing schemes of Railway Directors UafOgt,t
nateiy the public is coming 10 the conclusion, and not
entirely without reason, that upright and downright
honest management Of railway Gcs for the sole benefit
of the aud patrons form tho exception Instead Of
the rule. The bank statement shows increase Of 81
10000 in OF the decrease in gold The banks gain
in surplus legal So3-o5 and they hold
S1O6CCJ55 in OF such issue The following shows
the condition Of the New Ym CITY Banks at the under
nliUAcd dates: