, 1874-08-29
MONEY AND COMME {: RICE.


ElNANLlAlh
FntnAr EVENING, Aug. %.
Matters at tho bankB wcro rnil,ar dull. Tic
demand for 1noiloy Ia quiet, and tho slight In
crease Of commo,c cial and miscellaneous paper
which Ia seen OIL tho street Is not enough to ab-
uorb tho funds sookh,g employment. Deposits
aro lower shnn tl,oy wore several wooks ago, lit
for tho past waok have remained about sta-
tlonary.
Tho rate OF discount romans 10 por cont At tho
banks for regular cuatomols, with concessions OF
Dor nor cont to othor good borrowers, who are
quite Loo scarce Tor tho lntoresta Of tho banha'
0n tho stroot money IL .86D18 per cont; roal1cB-
tato loans nro OGDl0 per cont.
Tho cleartags woro s3,600,00o.
Orders for ourrcucy aro rapidly decreasing In
mum ber and amount. Advicoa from the West
and Northwest place 1t beyond doubt that tho
full In wheat Las put sudden stop to tho strip
monta hitl,or, as will soon bo shown by tho
diminutfon of receipts ut this point.
Among business men III thu difcront uopArt-
1nchsH thorc is q Groat donl Of Interested mud a.
1noAt anxious speculation whether the dcolino in
the price Of wheat will roilain permanent, md
II 80, what will bo tho offoct OH trldo mid tho
csedit. Of tho mercantile community.
Now York exchange WIS nominal today, To-
tween bnts. at par. but waa held firmly III Rolno
quartora ut 2Do premium for e1.00tl
TRADE IN NEW YolK AND Dosr0N.
The Now York DAILY Dnlte!i,., in its financial
oolnmu, aays thAt ut tho inonont uoro iI lull
IN general tra.lc, ard tiispoa,tion TO give GRO.
donce to the tliHnnl forebolinga Of TINT mart of
the preua which takes delight III mailing tho fit
ture appear III dark ~ possible. ThoBo who
lookeh for largo speculative bl,slucHs III trado
arc tlisannotutcI nn havo roaHon to ,o. but tlinro
ia nothing In tho present situation to discourage
tile expectation that va arc TO have, ou tho Whole,
safe aud satisfactory full tralo. Duyors are
extromufy cnltio'ls. and aro teellng tlie'r way.
Instead Of luyiits Ut QUO ti1nn literally,
thoy buy enough only for fow weeks
cousnmplios, wait. aud then como back aud
repllrcllaae. lnste4a OF making QUO bito
Of the chorry. they ntbhie. ~! this is nsErasat-
ing to tho large distributors Of goods, but Ifnrs
no reason for Jumping 70 the conclusion TINT tho
aggregate business OF tho autumn III not to he
good. Confluence III each day atronethcning>
nnd, with tllo good crops Wo nro now assured Of,
tlcio il raasou Tor AopotulneBH rather than dis
eourage1nont. -...- ......,..
At Boston, In consequence, M IL rcportod,
Of tho innctiyo condition Of business, tho decline
in prices consequent upon the deairu OF ttono,s
to force trado. nl'd tho NECESSARY hllrinkago in
profits, have rolitiafcd tho prompt payment q
notes out Of receipts d.fli:nt in many caacA and
there are nlauy two and thrco nai'sllH' notes nov
in lenders hanfs which, through removals. rop-
resent loans originally otfostod niue Or ton
months ago. A brisk fall u1tle, with qulek and
tiou Bquarely oiEI'ar foot again, but without it.
says tho Co7'tMeIrlat, many Ut ttloln must re-
main where they arc, prorped by lentaely, and
needing ovesy day moro and mnle support.
DEATH OF AN EaIaEST AnEhfcAa-oERmAN
NANEEn.
BY the death Of Mr., Tlcolore i, Knau!', The
founder and head Of tho ilrns Of knantt', Nacllod
4 kuhno. Of Lnipae aud Now York, The nercat-
tilo community ef both coultrioH 'oHos q tlia.
GuguiAllod 1neMbor. u WA largely duo TO tho
r.