, 1874-06-15
M0NEY AND COMNlERC
FINANCIAL.

oene, genorAlly In ONo or two cNHoB lohtlB nave
boon n1ado during tho wook at por coht, anu
oderoa on cal1 at per cent. On tho street
money ia 8@l8 por cont on roal estate loatle,
0@10 por cont.
Tho dcmand for money wRs fair during tho
wook. Tl,ero has been probably Oh tho whole
blight incrcaso In tho 1iue Of Discounts III the
last ten days, but this movement waa plainly not
sustained towards tito end Of tho wcok.
Now York exchange las musod during tho
week from 25o discount to 25o premium, botwoon
bauas for $1,000. It closol firm at that rat 0,
with hut fow ralos. .....
Vlo last quotation Of foreign exchange waa
1onton, 4ss} 1GD49l Paris, 6l5@5lo5S; Ian,-
hurg s9sS; norl%, 137s9f sroa, 9Slri@a
Norway, ili>s; Dou.nark, &c i; f1ulaua {lsuHs'a),
Gable transforp wore 3: London, 4o218 pariB,
Tcary littIo currency is goiug to the country
aud tile receipts far oxcpcd the Bhipments.
trhe cearingH for tho neck endinE June 10,
1874, woro s21. .29n. .ov7.05; tho figures for .Ae
corresponding week, lust yoar, wero saa, a,s0l,-
G95,75.
Tic balances wcre Ct ,a5o, ,ooo.21, corresponding
to 81, ,01U, ,30O.20 last year.
THE pRY QODnH TRADE OF CHICAGO.
Tho representative honaes in the dry goods
trado, Wholesale and rotail, agroe tlat tho trado
o1 tAis city, for tho rst five months ut tha year,
WAS nETTEn
than durina tho Same Tins last ycar. One house
reports I'LL incrense Of 70 por cont in ts tobbing
trade, another33 por cent, aud . third that there
has boon noithor increaBo nor dooroaso. On oil
gdoa t1p ro&ail trao is reported to bo the san.o.
Tho books OF ono OF tile largest rotai housos for
those two periods balance within $500.
Tho iucreaso in tho lobbing trade is not duo to
to diversion from Now York. Dlr. y. 3.
Jarrrey, OF Now York, III reputcd to have
recouty said TINT III Chicago, and some othor
cttcs, thoro WAS greator depression Of bna'ncss
thnu III Now York. Az to Chicago ho is ocrtain
" tniatnkon. THO gain of 25 por cont aud S3
por cont reported abovo, arc direct aubtracttons
from tho jobbiug trade OF New York, aud
additions to. that OF Chicago. Most good
country merchants in the Wust fco1 that thoy
CANT AFronD 70 GO TO NEW YORK.
They can purchase in Chicago At tho Sumo
i,rices al IN New York, can buy oftener, keep
freAl,ar aud more enable stocks and save tho OK
fraighsa. Those advantasca outweigh tho longer
TURNS uf payment, which Are now tho only supo-
riorinduoomont Now York has to offer. Chicago
III certain in few yours to control tho 1obbih9
trade. The Jows, wboao commercial inssincta
aro unerriug, havo forosoon this. There is not
now singlo jewish houao In Now York in the
slry goods jobbiug trado.
lhe depression is groatcr in Nov York than 1t
could bo in tho West, for there trado doponds
,spnn the prosperity Of manufacturers. Westora
o{;riculturiats havo found market for all thoy
have grown; but the Eastern manufacturers
ltAvn giuttod the n1nrket through oyorproduction,
lnrtcd thereto by protective tarin and m i'll
tlatrh currency.
Vnlues hnyo largely fallen. Some hnoB aro
CnEArER NOW THAN BEFORE THE -wIn,
but the volume OF goods handled has been large
enough to keep tho balance IN dollars and conts
pYen Some houses nayo not SO good report
to mako, but this is domonstrably duo to tlcir
own circumstances, and not auy raal depression
III bunineHs Some Of them havo baen oycrtrad-
ing, und have douo lurgor business in proper
lion to their capital than A. T. Stewart or Field,
Laitor & Co. thought it snto to do. Some mon
who aro 1T only for retail trade arc struggling
with Wholesale buslneas TINT ia fast getting
the hotter OF them. Merchants WHO know bow
TO handle their business, and operate only On
their own capital, ara doing
BETTER THAN EVER BEFORE.
THIS Ia tsus Of small heusos aa we'll sa large
pnos.
The country people nro wolf OF, their crops
have been good, and money is plenty With them.
THOR. present economical tcndenoiea account
for tho fAct that trato las not shown greater
t,croaso, but 1t has not eaten Into the consump-
tiou Of former years to any great ex-
tail trade llas beon bid, but inquiry into tho
facts shows that it is much better than was sup
posed. There have been no failures since tho
i'anic aud the 'bAskot" trado-among tho
workingnen, Hc.-laH boon good. Thore is
NOT HALE 50 MUCH UNEMPLOYED
labor as Inns been beloved. Mono Of the mills
aud manufactures Of tile city have suspondod.
and tho opening Of navigation l1as afforded tho
usual occupation at the coa!s, lumber, md ship
yards aud at tho wharfa. Tho groatest loss in the
city retail trade has como from the middle aud
speculative classes, WHO arc heavy purchasers
Ii, buoyant times. 1soa1 oatato spcculators. men
poor with empty storos, spectators Of all kinds
WHO hsyo been trying to do business Oil otho1
peoples money are thosa whose losa OF patronage
tho rotail trade feps must
LOCAL STOCKS.
The dealings In loca! stocks aro very limited,
mud hardly call for 10 much ns u weekly report
Following ara some quotations OF local atacks,
based upon tho last actual aalos;
Rational Bank of Illinois. uos.,..................,1o ,1o3