, 1874-10-20
MONEY AND COMMERCE.


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MoNnav EvEs1an, ost 10.
ous'"eas az tic nankh'to.d"y "pencu wo'l 70
MO "ce1' III hols'o alfectlo'h an Improvement
Ill tho tcnlRnd for MonoY WIS noticed, mud in II,
case waa there any uln,nntion of tho siron,
feeling which hns been tho ohnraetsriut,, nj n.
t,hrn,, nnnov.mn,l,ot .,1 rn,.~a, .n., -,
, "''1 e'ne'"' faoo ~
several "coHs
Rains fur u,o,cv ronn,n firm, o,a ,,,,,,.,1o
1,,u,o,,,,t ~ a.. ,.,',.,, ""' "'.'&'.' =.
1eot''' ~ tao o"""" 10 regular castohlefe y
10 per ceHt loans OIL short time can DO madt
na 1a,y no = n,r e.,4 E+r,,t n,t, nm. ,n,7,u IN,
~ 'e1 ot e'ioot tates "te 1et@to Pe'
cent lscRl ostato loana arc 0@1D per cent.
A now and interesting feot,,ro IN tj,o mnuoy.
morI,ct ia flo rro.e,as e'su.e ~ " on".,norni,Io
..s.', a". 10 ~ ptoscl,oo Vi eonssuotapla ~
a'nouht Ut cah4orh1a funs, to no loAheu as
rates OF Interest extraordinarily low for callfor-
stato has boon from to nor cont n month,
nut it ha. In. oa -, ra,,;v that Il cnnuot
t}rd ,ond ,,arros."ss - ,,rso f1,,ro. nm
uaio boo" uofTo"css II tnoho Aeutoo' Auo
banks Of sa,l Francisco havo 500 ooo,ooo Of so'l
deposits. The Savings banks md ntl,or financial
institutions aro discussing tho ncceBaty uf re-
1ncttop =, I'm rotos NJ tutmeut sioo,w,;,o
....sr H.. ,,s, ,a-u,, H. 49,. ~.
hoioo u tae lnohos nn" p'snn 10 l'o" at"sl-
ward. a largo amount IL scekfng borrowers In
Chicago for ten-ycar loans nj Q pcr cent.
Now York exoIn1Ieo WAS tfrm at pnr tn DIN ure-
num lctwtan hnnku for ~ uon t?orrtor ,a,oa
lin -, ,or oar. ,Ha,r;n,s -S''' o'eA A'''''
A-1u u per cent Tleln'u1n'
The olesrngs wore $4,5oo.o00.
Ordorn from tie country for currency werc
larger to-luy.
MONEY IN NEW yonK.
The Hcnubic. in liz tiunnorcinl co]umnR of
Int Itrlf3av tnyn.
nn,a 1..,., ~ val, ,,r,,u,.,. .,.u .< ...... H.,
hecia trs fur NJ l"nv wt s,rrss, y ta uux I "f
tho banks ars buyiiE tspycrsne Io,ds ns,d ta cpn-
sequence Ia n o1traurdi,ry de,ad for that cinss Ut
Thpry ArF tttI III I'm, in
nafkst ex. el1 te new na' .n'l ~ deacrs profits ~
% IT. s1u % .ne & @ seaIS ane pSh". ol ao
sercisi paper, md lie ti.steass ,xrsr vIIer,ng IL
takcu rs iap,dy IA It nlpc.rs ths olpriuE bonv ye
mnch less tnau tho demand.
IAo Rat|efn repOrts TINT commercial pnrer
has Et,ifcred IN suitability through tho rccent
tai!sn eB III Ncw York:
II ~ worthy of remark tbnt, unless tho
ccllcnt, commercial Llls ara hurd to sell unless
accompanied With documents. Si,,oo tho failure
uf kaufman d Co., plain commercial blils ntp
almost unralabe."
Tho United States Circuit Court at Piula tol-
pt,ia OIL tho 15Ll,, in tho case Of suit Ly tho
Gin" oil check for E1D9, raised 10 80 It0 by
;.:c dIl"ec Ia leeoyer Of The baul tho 42,U0O
'u' ropery paid, audso ,,lekennan charged tho
Jury tsMt 1t they believed, FROM tho tes imony
and from un inspection Of the check, TINT tl.ero
was nothing unusual III it's npronra,ico. uothug
%!'ici, Would hayo hoen sufficient to put care-
j Il Ies:nn ubu lis f,ua,r. thcp the; should |
lad Tor ,hs tlefe!,,la, t. il otherwise, their
verdict should to fur tl,o plaintiffs. Tile paying
r:'llcss III several banas ilaviug tcsticl tt.at |
tsefa was nothing III tho appearance OF the |
chc:E, III raae , 10 excite Suspicion, tho jury !
rendered verdict fur Tho t,aul..
run ON TIE SEw uAyES gAy1Has nASK.
4 leay7 rim Was usu.tlu lust weok upon the !
fia;s Haven Savings Bank. According to lie
accullnt given by fne f'atAtliun1, the small do
oeito1a became a1arlned With iase r,,n,ols
nbout tho cundtian OF the bank, aud hose9ed
nesa aud financial men i'll ttl8 city aro saI to
looi upon the tank us perfectly sound, The
run is conii,lcd almost exclusively to Tint class
n4 porsoua who are unable to wtite tlloir own
,.un,cs. NiMe-t tentlls Of thoBo who drew out
taer money had to mako q mari. il, liou of writ
ing their names in signing the receipt. Tho
lA.ik osliciniB pad out S9u,00D on Friday.
and Ecpt t!lcr doors opuu until dad
q. m.,-ono-lluif hour beyond their uElal time,