, 1873-05-30

MONETARY.

"
NONE TARY.
--
1hohapAx EVENING, may M Nv. ".
harket, aud borrowers who lavo not alrondy hnt
III the accommodation t,,oy aro entitled to a
oank bavo nm 1in1o,1tv, In tho opon market
!, troo1,, ocrorai ,r nrno colatoro1a al n
Por cent, and Hon'o Of tue banks would oven bt
willing to loan on call Mt D pcr cont.
Now York oxu],augo continues firm, at par te
l5o por 81 900 premium for Bnles between banks
Tho uoyomcnt OF currency in nnv f,irootinr
'0n''nuos nsn''
Notices wore posted in no.rly Ill Of tho bank,
To-day, that tomorrow, Docoratlon pay. wonld
t,,sa Asaaa, aa ne4auhy, ~ 'no oloalng OF tho
oankS' AccocolnB to tho statutes OF this Btato,
We havo but three legal holidays (besldes Sun.
days) In tho year, viz. Christmas, New Yenre.
must Ia m,da ~ .;t,an H., y naaonAl ones
no,,".no. ~ e,. ~ u.1ss W peoeama1ion OF tho
uoVs.nof OF tho etaso Or OF tho Presidont Of
tho United States: Il is, howevor, genorally
conceded TINT VIC havo too fow holidays, oithor
Tbon bn m9l.y en .rcnt In past oar
H.. pa.$.ooa, 1o't !oba secure OF
Ioi 1onin'eic"a. pro-omahenco IN tho West than
she docs now, 1t was, pcrhAps, not strange TINT
1ufC
that are ohnranteriaiic ~ - ,,or. rossas.,-
oro.,;,aa a.a:sts. w. 'oto pei1ectiy.
, nno"tu "aso poon loss
BlEnt OF IN tho rush OF trade and tho struggle
the the so2niromont Of wealth brings with It to tho
mina OF eVery ono who deserves wealth the con-
Tleelon that money can buy nothing botter than
l leisure to follow moro congonial pursuits, and
shat 10 maze ne more accumulation OF money
too mean for q human boing. Sunday comoa 80
regularly, and with the methodical mnu of buBl-
moss its obBorvancos aro Of 30 uniform n charao-
toI, INT is iais to disturb the routine of money
It is we'll enough, therefore, thnt
there should como days when ho does
not no. .,;lsa know ~ exactly what to do with
in eome other direction tGan hia shop or on lis
nank account.
It is possible that Decoration Day may evontn-
aly grow into 2 social rather than national,
apa 70 o. some extent paEtae holiday as it
more potcnt influence upon society for good than
any othor holiday now observed by tho Amori-
can people: 1t belongs to no special religious
creed, aud should be o1aimed by no
party. Its peculiar feature will proyont
ats ever being mado day Of junketing and riot,
~ ahu VII call people out OF towns and cities at
tho poasansest season Of tho year, to cultivate a
eA ~oA aAoAo AA4A4y 6j1lUAtQJ WIKI L0blr
fellow-mon than can be acquired within tho lin
ats OF church creoas or party p1ntforms.
- THE LuMDEn TRADE,
In mora than dozen of our exchanges vo
find lengthy accounts Of tho "Failuro Of tho
Lumber Combination In many Of those, tho
tdcas Of the writer's seem to hnyo been
that 1t was some concerted attempt on
the part Of wealthy firms East and Wost
to advance. or at least provont a doclipo in.
Tho price Of lumber generally. There ia no rea,
Son to beliovo that The whole affair was unwilling
but aort Of cooperating arrangonlont by nun1e
bor OF firms to holp each other through What has
proved to DO very unfavorablo spring for tho
lumber trade, aud tho causo Of the diegolut;on Of
the t11o arrangemont was only the continuance Of
ent that oyory llr1n would better tako care u t.
soH. In this market the spring trade in lumber
has not been encouraging The backwardnone
Of tho season prevented tho usual nmnmnt ~
sales to the country, whlo tho EXCESSIVELY hirh
lake froghta last fall and early this spring have
made the lumber cost morn than van
G"'euAAte4 upou' Even TO tho city, tho Ba1es
AhHS uVk Qcau up TO Hkat was expected bV most