, 1874-12-03
MONEY AND COM MERGE,


WEDNESDAY, EVENING, Dec, 2.
More tbau half rulllion toara In curroncy-
probabty not much loss than $700. .0o0-was 9ont
ia tho county yostcrdny, mud the amount to-tny
yas about as larpo. This, OF course, goes TO the
hog districts, md tho results asesoen IN the heavy
roce'1,.s Ut the 9tock-Yars. whore thcro wote 75-
600 hogs slts morning. TllB numberiB lhrgor than
tic packing-housos can handlo. Thcro IL likely,
In consequence OF the over.slpply, 10 be n mo-
mcntary decrease In tho orders for currency, and
in tho shipments Of hoga to this point.
Tho receipts Of currency from tho country arc
inconsidrrable, and come only from sho "l'e"t
districts. ....
Tho clcasinps were Ct, ,400, COO thoir great vol
ume being duo partly to tho operations ~ 'ne
Stock-Ya1ds, aud to tho snttlo mcnts IN pork and
proyisious, The sottlomonts In grain. M We on
pinned yesterday, wero diptf1ontoa through 'n'
latter davs Of November.
Now York exchange wns dnl', md tho quota
ton unchanged at 7sc to loo discount hos~oen
banks for $1,000. i,
Applications for loans nro numerous enonsh
to keep tho fluids Of tho lankB III
moderately active employment. outside
borrowers nnd accommodations restricted.
tho bauAs profcrring TO keep their re-
sources for tho uso OF their regular customers
Tho general WHOLESALE businoss OF tho city ls
good, aud Tho retail business shows some I'M
nrovomout, Rntes Of discount nse 10 per cout
q year to.rcgular customers, With conccas'ons Oh
or2 pcr cont to independent borrowcrs street
rates nre 8@p18 por csut; rcal cstate ioats aro
@10 per cout. ,
Dividends to tho amount Of 81. .099,0l0, incind-
Inc Interest on public and corporate ooligatious.
have bcou announced for payment IN Boston IN
December. This docs not include the tuu
nguros aa many Of tho companies have aot Yet
declared, but 1t ts worth rctnnrk thai III most Oh
thoso announced there is decrease, and III mono
Of them an incrcaso
OF thoso whicl, llavo declared. tho Jackson de-
crcascs from to & por cent, Nasl,ua to u, apa
Stark to 6 per cont. The Lowell Macbine-Shop
pays per cent against iii May last, but this is
tho usual division Of payments. Tho boston dl
yiacs Fer cent, Hamilton 4, Iancaator 10, and
Lawrence 8 rer cont, Us boforo. Tho Appleton
passes for tho first time since December, 1872:
lha Northern Railroad dccreases from : 10 "a
per coat, atlor payiug per cent for tho pass
nine years.
Consiacring tho depression that has been tho
featuro of almost MI manufactures during tue
year, It ,s fair to expect that tho fuetH above arc
representative. Suel a reduction or p1ollts is
tho natural effect Of tho unlIcafthY stimnlns
given 10 manufactures a'id industry of ~ kthds
by tile destruction Of war, tho Imitation OF the
currency, md tho dcluEiSe bolntlcs OF piotect~
iyo tariff, This do1d.roin: fB tho bcst nlonlcnt
for reform, mud for legislation to set &c. aGht our
currency and tho tartt.
Low t,iu thoto wus in the cry at tho last
uoea,on Ut Congress- that tho Wess md South
wanted more carl ency is shown by tho report Of
Comptroller Knox. In RESPONSE TO this demand
for .:moro moncY." tho Comptroller WIS anthor-
lied by the Compromise act to lssuc 455, ,010..
coo or National Bank potea aB they "cro called
for. Tho net increase of National Bni,k cirenla-
tion for the ycar has boen 81, ,57C.297l Tint iB.
during thc year 95,Sl7,3 BIG has been Issued, and
S2,2ll ,0l9 las been withdl avn a,1d dcHt1 Dyed,
leaving tho increase as asatcd ubove. or tie
S35l COO authorized by tho Nntioual Banking
act aud tho net OF 1870, $2.0T2, Isl remain yet to
10 issued.