, 1874-06-18
MONEY AND COM MERGE,
FINANCIAL.

WEDNESDAY EVENING, Juno IL.
Money was loaned to-day by ono Of tho banks
1t per cont for four mouths. There Ia 10 dill
,ulty In obtaining loans at 1908 rer cous ou hat-
lafactory collaterals. The parties dealt with on
these exceptional tprms aro not tue regular ouB-
t0luora Of tho banka. TtoBo who borrow
The yoar round, and get money In tho wintor
time at 10 per cont whom 1t Ia worth or pcr
cont month, do not o1poct to proBs for moro
favorable terms when moloy gots little oasy IN
tho summer. Tho bHnkH aro not wililnt, to lend
under their ortlinnry rntcs to parties to wloln
thoy arc under obligations to loan In busy tlncs.
On tho Htreet, money III quoted at 8@l8 por
cont; renl cutato loans aro o@10 per cent. Tho
demand is much below tho supply, and ID mainly
from holders Ut outsido property, and for the
carrying Of inouinbranccs.
Now York exchange botween ban1a was quoted
to-tlay at par to 25o premium.
Numerous orders for currency wore received
from tho country to-day. They aro mainly from
tho corn+producing country, and will be followed
by tho shipment of corn to this point.
Tho clearings today wero 50 100000.
THE CLOTHING TRADE or Cl1toAdb.
No branch Of tho Wholesale business Of this
city ,s in botler condition than tho clothing
trade. The leading houses report tllor opera
lions to DO
IN ADVANCE or 1AsT YEAn's,
Is rulo Mono hnvo fnilca to maintain tho
figures of last year, ind tho largest report q
growth OF from 10 to 80 por cont carelul
comparison Of the different returns warrants the
asatemopt TINT tile clothing trada OF Chicago il
10 por cont greRtor, In dolara and conts than
Tint Of 1873. Hero, as in other directions, there
has been decline IN prices, but the
1NUlsEAsE i. QUANTITIES
has moro Than made this good. Tho }norcnse In
tho de.nnl,d for goods is due, first, to tho nornnl
growth Q. tho country that Chscago supplies;
aud, SECOND, to tho face tint a large a1nount Of
trade that las hitherto gone to New York now
makes i,B purchases here. One houHe finds that
Is per cent Of itB business Gomez from, now
customers.
THE COMPLAINTS or NEW yonK
dealers show tl,oae TO bo tho facts. According
to their statements, tito trade Of Now York will
figures Of last year. Chicago is now conceded
to DO tho lnrgeat clothing marriott IN tho
country. Twenty years ago, Cincinnati led the
trato; the snprcnaoy then shiftcd to Boston.
turn yleIlcd to Chicago. New York las suffered
severely from thu loss Of tho Southern trade.
Ecw Orleans, Vlckshurg, Memphis, and other
Southern cities. were once grent dopota for tine
goods, but that market AaH been wiped out.
THE MANUFACTURE or CLOTHING
was first begun hero nix Or soYon yours ago, and
has. from tho frat, proved a great Hl1ccess.
Y:ho latter city manufactures for goneial
tra,tc, md tho styles do not always. sult
Tho Western market. As compared with st.
Louis, thero aro single clothing houses hore
whoso business exceodH the aggregate Of tho OIL
tits trade ii Tint city; the snae ia true In dry
goods; IN groceries aud boots and slocs, st.
Louis has larger houses thau Chicago.
THE TRADE FOR JUNE
las not been 70 good as in preceding years., Tho
wet ami cold weather Of May has left many Of
tho country tloaera with large stocks unsold, and
their purchases are restricted accordtngly.
The retail trado OF tho city has boon poor.
Ono Wholesale house doubted whether a single
retailer hero had done Enore than nloet his ex-
ponnes. Iro whole truth il probably not as had
NJ Ills, but is bad enough. 1Yirhnl, tho dullnesB
scoms to 10
LEss PROFOUND THAN IN EASTERN CITIES,
tnat depend more largely than Chicago upon the
purchases OF manufacturing population. East
ern manufacturing contres and tho trade that
lives upon them aro in distress. A protective tariff
aud MI intnted currency have led to oyerproduc-
tiou. .Clie0gn's custoiners, the fasn.e,n' have
sold all they hare produced ut good prices. nnd
tho johhine buAi.osa hero pruspors accordingly.
BONDS AND GoLr.
A1esare. Proston, Kean l. Co. report as fol-
IoSA