, 1873-04-12
MONEY AND COMMERCE.
MONETARY.

ra1DAx EVENING, April II.
Thoro wore no changes Of spocial 1ntofos' III
tho local money market to-day. Tho supply OF
loanablo funds is good yet, md money rs oasay
obtainablo at 10 por cont oil good collntofaIa'
Now York exchange scems to 10 eeareef, nno
tho range Of pricos was hignor so'aay' p''ug
from coo to 800 por q, 900 pronium.
Thoro were no stock and gold quotations from
Now York to-day. Unllko tho grain spoculators
Of Chicago, tho stock aud gold speoulatora Of
New York tako evory oxcuso for giving thom-
selyos q holiday, aud show their willingness to
."eoryo two mastora" by hopping Good Friday.
Tho Chicago brethren, howoycr, nro strictly
smonothoistic, aud recognize no holidays except
under comru1son Of tho law.
A correspondent sends us tho following,
70 the Editor At The Chicago Tribune:
Tho article n your valuable paper q this morning,
showos how ho spo's Sa1rps E % co
ton Of dollars havo been placed IN ono Of tho 4ceaks
banks In tho city teiout interest," md allowed to
main toro fer many, many months, cannot help e1olt-
I'M considerable comment In financial and business
clfcles Only half tho atory, however ts told Not only
tho assgnecs In tho bankrupt insurance companies,
but ali assgnss In bankruptcy are obliged to 1opoa!t
all moneys In this same onch0rso and ono-inan bank
and
hsE, tho public cal better appreciate this "big
Can Il ,e possible, Er. Editor, TINT no hayo local
Credit Mober In our 1ntlst, Ia there United States
Court ring The injustice Of to order recurring sqc
S son of ii oSeFs % has been mo md brousht 10
tho attention of thu Court without nyai OF one thing
the honorable 1udgca Of tho United eates Court may
DO insured the public nse not satisfied with Their
course in this matter. and the sooner they rescn tho
order requiring assignoes IN bankruptcy to deposit n
s$ r. ~; = ss''5
& s s fas % q r. asEs 81
i thia Wsy naiy N " hossns Of dollars vii b saved o
creditors, md tho honorable Judges will 10 srared tho
'''3'f1sn osasaae, 81 apsE tas Gis,si u, ss7a
COMMENT.
OF the grounds for tho charge mada above BY
our correspondent that tho Bankruptcy Ma
tional Bank Of Chicago" is ono OF tho weakest
banks in tho city, We bayo no mora e1act knowl-
edgo than tho rest Of tho miserable public out
side the ring. But as unnBunl privileges Boom
to be accorded to this particular National Bank,
1t would certainly bn no moro than right TINT the
bank should be subject to aome extra ro1uiro-
ments, i not BY lsw ss lenst +. by shs h9e do T.
funds in ita possession: They have at least
right to know tho condition Of the bank. This,
wo believe, Is fully shown in d yard-long report
which the Bank Examiner forwarded to tho
tion ot tho Mechanics National Bank Of Chicago.
It Seems tho Bank Examiner found moro tlnn
usual to BOY. and on points Of moro interest than
the interest on the bankrupt funds. There Ia
EGA1UN u btu6f6 kAo ASAuIl6 VI ~ NtAA W ha
interesting as Reade's Every Hard Cash, u
though there might DO found to bo less of the
latter in the bank than there WAS in the novel.
TIE BouTuEnN COTTON AND CORN QUESTION.
An Alabama correspondent writes:
It ia anticipated thatn larger breadth OF cotton viii
planted this year in Alabama than any year snco tho
snr. That seenas to be the general impression. The
fW Of tho newspapers for corn to D0 planted fs little
ieelcd Tho editors themselves fatl to obey their
aerea nandatea. Those Of them who own land put 1t
IN thss which will do most good, which in cotton. Like
fhe old hap encountered BY tho Prince from tho Happy
Valley. wf} WAS roaming up and down the carthtry-
inR e Ind somebody who was contented, your
Nsbama edtor talka nko philosopher,
but Acts like nah Tho truth s, an acre Of fair cot.
ton land will produd enough cotton to bug sixty bt!aa.
ali Of corn and that ignore than b. ralsed In Ibis
letItudo by any posa{bury Tho other day mctsT
gentleman from tho nerl6IH tho state, who h5s bee
West in the interest Of orgnlzatlon Of rante1n
buy corn. He bought hundred tnoussdhd bushels l
1owa and Missouri and will bring Il into tho State
figuring md experiments 1t l. 80 cent cheaper 70
tho large planter to buy than to raise 1t. Az 70
hogs tho planters complain that 1t u loss q money
try TO raise them. With corn buehcl and fedot
lower hog will eat his head of. Tho cost Of hia {a
tenng will bo more than hiB carcaes will bring BE
sides, the negroes have way Of npproprahting youn
hogs. 8o1ne OF the planters tell mo that about 90 pc
cent Of their hog crop gooR that nico fat shoa
running at Iargo, that be easily knocked on th
head and shoudered, presentR an Irresistible tempt.
tion to the average eolored citizen OF Alabama Abou
ali Tho benefit the planter gets from his young ho
crop Is now md then littlo squeal in tho Stiffness
the night, which tona him that his porker Is going
good ways, thouEh ta different 8enso from what tn
t2rm usually .iuplic6 In Homestead economy.