, 1874-10-12
MONEY ANDCOM NJ ERCE.
SATURDAY EVENING, Oct. 10.


The feeling III financial circles ltas boen quiet
.ut strong during tho wcoI. Tho cloarlngs Of
tue tauks have ahown very gratifying tncrense
over tIo average OF September. aud conlrm The
Statements made by Wholesale aud retail ecAl.
BIS, Of An improvement In business.
Tho hprruAopaonB which havo disturbed East
ern trado'c,rcles have not boon felt lleye. There
hsva tesn hut ono OF two failures in Chicago,
aud those nut Of Importance enough to excite
eYen mon,eutary Telling Of general alarn.
Therc can DO but little doubt that the agitation
tu New York Mas largely due to tho efforts Of uu-
acrupnous operators on the Stock Exchange,
and OF sensational newspapers. No
uoubs many partlos who wero brokon by
the panic, but havo since managed to
keep above tho surface. wlli SINK. one by ono; ;
but, for anything wolse, tl,ero is absolutely no
cause. Tho poBltlon Of affairs is relatively hs
much better Al preaent In Chloago than III Now
York "a during tho panic. fov roal-cstato
speoulators arc heavily involved, somo specula.
tors on the Board OF Tlade Lave coma to griof,
but tho business Of the city generaily Is on tho
a11n foundation Of the products Of the North
west.
During the week the demand for mouey las
been good, particularly from general tratle
Tho rate OF discount to regular cuatun,ota re-
mains at 10 por cent. Borrowers fur special
purposes eau set accommodation ut ratts Z or
y per cont IeRs. Real-eatato loans arc 9fsDl0 por
cent. Money on tue atreet Ia 8@1B per cent.
New York exchange clased at par to 25o dis
count for 81 ,0uO, between ba,bB.
Tho clear&ngs for tho week we're $24. .333 952. az
and tho balances 81, ,oG9, l51.65. Yle cortosrond.
nK figures FOR lnat year wcro $i0, 719, ,2yJ,BG aud
%l.3A1G70.42. Tho tffccsh Ut tho panu arc spen
III tile figures for 1873. TITO ciesrirgs for Salt
wero snail, So S01, ,g0442 OIL account Of the par.
tial kns!enslon Of business Oh Friday.
n
An important verdict aa to tho liability of
banks for eleclal dcloA'tB las Just been DECIDED
u she Ctculs Court Of Alarylan't, The case wus
bank Oh special dcpnBlt rs collateral security
were stolen by bank burglars. THO topositor n.
tho timo ct tho burglary owed tho bank uutlling
Whon oe1nand was mado fer tLe bonis. or
, tne,r ,sa!se, the bank rotused to pay, Oh tho
Tho risk VI tho ownern. A Hut vas brt,,glt in
the superior Coust for the valuo ol Ito oo:,is.
Two gu stlonB we're argued, namely: Woro tue
houda bcl4 by tho bank a. coIlstcra1 secn1lsy, or
werc they ut tho time If tic robbery merely
deposit at the rlsk OF the owner2 II ia otLcr
obligation reHt;d Oh tho bank than 10 ,so 1ca-
gonaIle diligence III guartiuG tin 8; ocial donos,t
does tue 1nailner IN Which they wore kept raise
snoa presumption Of 1cg'igouco as tu make
the bunk labio: This Iaat i,ru},os tiou involved
a most exhaustive inquiry INTO iho muda Of cou-
tsrues,nF vaults, tho aeKrco Of caatiou that
should 10 exercised III Ito employment Of a
night "atct'mau tho compensation that should
ba 9xlo to d watchnian III order e. relieve Lin OF
the llecesslty Of engaging III other employment
during The day. and 1nanv incidental mlttoIH
Tho 3ury failing 70 agreo, the rcco,u war sont to
tho Ctrcnlt Conrt, when, OIL t1tal. the Jury
brought i'll verxlact for s29 177sS, tor plalutiff-
he full amount claimed.
TIE 1srLA71ostsrs AND TUE SATroSAI pASk
CALCULATION In 21issouHI.
Comptroller Knox shows u q letter to Senator !
SEIZURE that, although Missouri Ii omitted by law
to moro than duublo its present circulation, and |
has free permission to Increase Il, it has beon
diminished BY more than D. mi:Lon aud q lalf |
Nnoe tue raEsn9o ut tho laB. Currenc, act, Ecy. |
eyn new banks havo been author,7od in tha. |
State, but none OF them haro completed tAcir |
qrganlza ivn. No bonds have beeli deposl, cd, |
aul there is no 9mrnediato likelihood lllat auy
new circulation will be taken cut. Gu tio CON
tfaiy, thrfe Of tho st. Lonls hanks have de-
pointed leEa -tonder notes and withdrawn bonds |
70 tho amount Of el.d99. .GQl. proving that IN |
the estimation Ut Western bankGrs tile Wcs;e cru |
congressman raised q mistaken cry. Cou,ptrol- |
ler Knox slates thas the quota uf bank citcut1,-
tlon appoi tiunea 10 Miaaouri il 5l5, 5,I59.4Dy, Of
which IL, 29s, 821 temuius untaken, although 1t |
can bo lad at any time BY cunl lyiug Ni,n the |
LOCAL HoSps AND sroCSa.
. Tile folloW4ng quotatious, fnruls...d by i. o. |
slaughter, givo tho bstls and asking prices OF |
local SECURITIES und boutiB: