, 1874-06-17
MONEY AND COM MERGE.


TuEspAr EvExlHa. juno IL.
Money Is nominally at s0Dlo per cont at tho
banks. Tliis rato In Bomo casea, particularly
among tho mercantile banks, ia inTarihblo, biit
elsewhere It may DO borrowed at pcr cont on
t[tno and per cont on dsnland, ,-oqual to "oout
thirty days. Money Inns boon offered horo W
New York pnrties as low as por cont On cAl',
but no caBoB aro reported OF any transactlonB as
that ratio. There is, strictly, no enn Dustnebs
lono hore. Money romainB plonty on tue atseot
1t 8@18 per cent, with supply IN e1eoSs
ri tho lomand. 1oal estate loans afe p41o por
so1t.
Now York e1c1,augo was pnr to 25o premium,
botwoen banks, for s1,000. The cloaing sales
woro at par. ,--
In tho wholesale boot and since basircsa of
Chicago tho country trade has boon good thls
year. III tito month Of January
DEALINGS WE'VE HEAVY,
and fnr In o1ccss Of the average monthly bnBf-
uoss of Inst year. Tho succeeding months hnvo.
bcen loss active, and tho month Of Juna go far
ss' t. tho osse seaa1 sns uRish h. Hp. eaes
Of B,lmmor goods unopened In tho country
atoros. For tho ontiro si1 months of 1874 tl,e
trade is estimated to be fully o1ual to or somo"
what in advance OF last year. Like other depart
1uents OF tho Wholesale bus,sss Of Chicago,
tho boot and ehoo tratle has suffered from tho
DEPRESSION IN THE LAKE surEn1on
country. and the lumber district Of Mtchigan
In ne Ws'os !. o4essat
In Minnesota there Ia temporary diMnutlon
OF tho far1norB' purchases On account OF tho law
passed by tho Legislature last year inHistirg
upon the paymont nexs month o. snana ~ .iea nao ~
plo aro denying themselves articles which, they
would otherwise purchase freely. Collections,
pn tho whole, were never better. Tile Gfangerg
nro nll talking economy ut their meetings, and
Ills restricts purchases but not enoughto coun-
terbalance the natural incroaBe that comes with
Tho growth Of tho country.
Thero orc several directions In which The
poor AND SHOE INTEREST HAS; EXTENDED ITSELF.
ia steadily tncroasing. For instance, the Colo
sado and Dahota trade, which few .yoars ngeo
had no oxiatcnco, 1s now worth good deal.
merchants ] @ hayo s vsisad chiosso this apriug. and
fluid that they eau mako their purchases to bot-
tor advantage here than in New York.
The principal compositions Of tho boot and ahoo
jobbcrB -...-
NO LONGER coME FROM NEW ronK.
That city docs little moro now thRn before the
War. Philadelphia competeB in Bomo linos, but
1ioston Ia tho chief centre Of the Eastern trads.
That city ia feeling the depression IN Now YORK.
Jubbers in tho latter place who uBed to patronize
the Boston manufacturers onco week nov visit
thoul but OncD aonaon.
TIE nArnoAD LAW OF THIS STATE
Is m oba!acle in the way Of the competition OF
us In other branches Of trado, as n tho groceries
for instance, where tho bulk, and consequently
tue freight, is much 1argos In proportion to tho
value.
In boots and Shoes, as in osher departments,
retail trado is dull in Chicago, In NIL tho large
ctios of tho country nll kinda of retail trade aro
1aneuishing. Cities arc moro lavish in their OK
pondituro than tho rural districts. aud When
economy In enforced
LAVE MORE TO CUT DOWN.
Thcy tro tho aboles Of the Rpendthrift and