, 1874-04-17
Money AND COMMERCE.
MONETARY.

. THURSDAY EVENING, April 10.
Tllcrc waH nm improved foolilg In tho money
market today. Daposttn Increased. md loans
wero in bottor dcmand. Without any marked
development iii any single direction, business
generally, was brighton. Thia mny DO attributed
In part to tho voto Of tho House of NeproBenta-
tiros On tho scnato Currency bill, although thai
can,ot bo considered n sett!emont OF the ohf-
rency question, while tho action OF tho sonato
on tho House bill is undecided. Tho greatest
notivity shows itself in tho grim mud proa"co'
business, Considerable amounts OF money are
going forward for tho movonlent hitler Of grain
and cattle. tho shipments Of which Eastward nro
elzo larpor Datoa Of Discount show tendency
to harden.
Exchange was frmer thnn yesterday. Very
few salcs arc reported.
The operations Of tho Clearing House woros
s3000000.
Tue Cusroney bill, which haB now passed. both
Housos Of Congress-, will, in the opinion Of thoso!
best qualified to judge undoubtedly take away!
from tho National Banks the profit Of their or-.
oulatiou. This will net not only 10 detcr now
organizations from taking UP tho $40, 600 900 adj
dltonnl issuo authorized, but will Cause many Of
10 existing barlss to retire their circulation.
Uno Of tho banks Of this. city l,nat within fow
Says, rotired $4,000 Of ita circulation, aud in-
tenda to retire $3.50, 900 In nll. ....
Tho demand for frst-clnsB securittcH is very
good. Doalugs III Cook County aud Chlengo
City bonds wero especially lively to-day. The
pTelausoe n9ainst , fai .,tnrost NJ anx
other Misunderstanding. Railroad stocks
havo fallon or 3 per cont this Weok, generaliy.
Investors are less solictous nowadays, about the
rate Of interest than tho safoty Ct their money.
cvtout thnn nj any previous timo Hince tue war,
rrsEsr STATUS or THE rs1Soian s1s as1n nlss ,v
Inc aenase M a,u '.'' XII. o,d ,' III Tonse % iaa
KNOWN ss tic I. nona,o - ~ u 1Io,,ua % nonsinV Iii
phasa u pt n,,',in IN tho sonnio hcse h;lla
Wh'e !s nuT pa;atomt pol.;t W srhon ofh oaaort thnt
nIo . sEHt5 -. I1nitaI stat:a Trnaa,sry not"s
tho ,un nm ~ oon MI, s.
sna w a,.;sai,o 80 TX N.t;nna1
o. potn pasls rol"'o eAeAae''o's " 'a' 1a'4'""'
o93aa m tnsieuof f,;, , t,,tou, .,,a 1,ros;ao,,t r.;
INC eonate nlii, no" a peto.o .Me f1eS's'on'' Az
crcasea the amount Of zes aathor!zoa
- ean asn am I'M ~, xar,o j., ha did.
ny tno amount u sao so anooro, ~
.sapnsoa anun 81 ~ aoc ~ to az NJ J"v 10
tne proGsaons y! epv - & wv - 81 ian ,,ra5y;je,
Intg' oou u sno "as - 80 aso nonapajr -
thas sne uiheliostlo suasl ~ nle 1anE Ill., ~
inG plosisona ~ tIG NV W Nialea - .ooo: '
o passen Ny sno eaa ~uu ~ arn,, iacg
1ofo Tug Senate, Iepeats tne ~ " ntneu . iouv'
inE tue amount o. panK currency 1or e'feuias,9h' M
Inc sona.e blll 1urthor provinces tnae eaon W,
tional Bauk now or hereafter to "" organlzoa
pecoyc On
ppos;tea VT VIII tic Treasury snd tat tho pro-
portion q s reserve lopfoseh.ea by 1a@nces nc m TO
Its credit IN other batNs ana available 1or tho
redempton Of lta c1scaaslon; IA. III o.noE c't'cs;
shat4 nos eHceoa oIo,loostu o. ~ te7ols9 9 anu
that " sna'l not recelse intefcst oA bncn phi-
ancoa jho pam EneuHa vi tnls H. tnas eaoA
bank snall Keep .,,au
,,,AH a HEsEhvE ~
OF lawful moneJ eaua! 70 40 Pet.cen' u ies GIT
cuas'oh ana aoposts tnat IL .'!,s nnss
Noep as part, OF thls IeseEYo o9o.louI.n 9'stlat
o. ITS eou fese1p!a lor M nisotesI
that tho amount or lts reserve aoposltod
IN other cis'os shall not exseea ono1Gneih g M a o. te
Wole q. sucn teserse' anu suat 1 4. 4Ian nob
now ent.leiy , ine leH4tse tr asn'nbe
eiroua.tlon ieqalIeH elu WIS w. tno tsse,1e ,1.
against aepo81a 10 ue Kene IN Iha uank own
vaglts, anu toIuifes M ~ ~ l'o.t a
pss ITns u .o ~ t'a W ~ a r
Natiohal lToasury LOT I4o leoeniptun u u! supn oI
cuils1o,. saonla te nouse s9 p pags .no i sohase 70
Misnou. ane:aon;, :1 mu iii. Go !. 'o's1 ma ~
.ns n1na.o ~ ~ H.. y +at ~ a ~ urao
slneu!as ~ p1t u tne Ptocceoin6 10 sn"s luo aooso
pusaeo DULL VI .nesu
~ 4HHul'e'aA nt :, a. INt ..1,.o ~ -. H.,
at;am III na'lp NJ nno &c 10 sta o o
na aora ia ,sro.c@ietI,n o,oo,ne te Horsa
III ai,o,vs me- anount nf rircmoto', Tha sona1o
lii lii Continues tic reserve Of eroonbacLs at an
amoaht oana! 70 zn PCT cene o. ppm 'a
circulation and .s deposits including ,aooat ,n that
for intoroBt. The House requires ra-
eervo equal to Is per cont of tho deposits only,
to e ho in tho vs Of tho but II
elrouation to DO kept in the National Treasury,
"hleh may Do looKea upon Us
{nou-1ntorcst bearipe1 since a Under prosent con-
1itiops none Of the notes will bo sent to WASH