, 1873-12-17
MONEYAND COMMERCE.
MONETARY.

TUESDAY EVENING, Dec. 10.
Money continues abundant In this marlet at
10 por cont on tlno lonns,i md with sonlo con-
siderable amountB offered ut B por cont on do
s,"'r1lnany.
w York exchange ie getting worry abundant,
IN salus nt 600 per 81 ,00O Discount.
'."s' ii more andmore disposition to invest In
j. II s!otks rs money becomes moro abundant ];
s:i ,,'Ine Of tho leading stocks, like tho city
always hayc atlyat,cod from to per cent III
.llc last ton dnys.
The dcfalcation Of the City Troasurcr was
again general topic of conversation III financial
rlrclos to-day, and who mich pity Ia Expressed
for Mr.. aage, thoro III larly dissenting voice
from tho opinion that any attempt to ward OF or
nortralise tho ponalty OF tho law for his viola
tion or hfH trust would only bo offering
promiu,n for dishonesty. The epidemic Of de-
faleation which now provails a'nong bank off'cors
and otl:cr persons holding positions of trust
shows that the moral sense Of tho busiueRs conl-
munity Las boon bluntod and tho staniard of
Integrity dcbnacd until thoro ia loss induce,nent
Tor young men to be honest or Tor public officers
to DO faithful than thoro ,,hcd 10 be.
Tho price of gold continues to advance rs tho
imitation OF tho greonback currency proyrcssca
In little over two tnonths tho aggregate amount
Of greenbacks outstanding Inns boen Increased
from 1856, G,000, quo to s374 .000, 900. an ill.,
tla.ion Of s1s.000, 600. THO result has
bcen tlat gold haa risen from 10s
10 112. GrcenGacks, which three months ago
tn, Fl, t,u}v suE nG tho urnhnbtlitv in TINT bv.
to time tho re,unininc s2G. .0O0. 600 OF tho s44,-
UC0 900 reserve nre mid out gold will f,aye rieen
to12u Of 123. The etlro amount Of aA0O, ,000,0G0of
grcenbacss and 1851, ,00O, ,UU0 Of National Bank
notea thot, outstanding viii be worth about so
ccuts on tho dollar. or IN aggregate Of sGO3. 900
600 in gold. whereas tic s3IO 900 900 Of grcen-
backs md National Bank notes outstaud-
ing before tho Tissue of auy mart Of
or1re,a,o ~ se6e nG, ma trim. Ar ;1c1,osa
OF S44,ooo,o WV OF gieehoacEs VIII pfopaoly cause
5sa - nm N Sa no ee1 ~ ~ ss Ely vaaae @ ~
tioual Bank notes then outstanding, on aggro-
gato depreciation of Aay S9G, ,000, ,OG0. It ia ap-
nnrent lint II ia oniy necessary 10 continue the
anu a 20
now popular. Every ono who il In dobt and in
danger OF boing thrown into bankruptcy, wants
opoos, aro Salao ~ Is opsI,iis o1iy sann,ay ' ~
~ III, sss IL; attn MI
It W. pay OF h's aeo1s. 5ao 70
regard to a necessity, for more currency 10
transact the business Of tho country hive bcen
nmrrnncv 4 verv. 'n1enIv ovcrv,r,'ora II thoro
wcre. h fnct. anr def1ciency Of currency to
"o' - - .i t aJ a.isJ ~ ~ ~
tsaneacs tu9 ous1uesa oi tho counlts, tnosa u
uee by authorizing free banking and allowing
tho Onukg to iGanc all Tho CURRENCY they could
deposit bonds to SECURE. Tbis would bo
mr. ovnnnu;or nj tho cnrraocv ,vhir1,
.vo,d lnt nnuna o,,, 5o,rocoto, Il, In .,ima n
e;,har @rsontac'a ~ a,1e ,,ntos - ~ IN cou.
sanefd pS tho es o he
HE value Of both would npprccihte: beCAuBe
rreenhanAs wo,,jtl In frelotty.iv In hnn1, notns1
n,oyo Sco,co ,hon ,,oM Tho Not{onnI nan1Ia
ha..o n.rso, -. so1nn,,, i1air ,,ntos T., o;ti,nr
h iI -, "St,ea ~ : os.Sst: .i:t r. .. s, - , . M
eHht-keHueE6 OF specie, unG IL bIetl!uuchs dlo
tnuR1 rnatiynlv Jlv TIM istrftnaa nf hank