, 1874-12-02
Honey AND col MERGE.
FINANCIAL.
TuganAr EVENING, Dec. !.


Il !oW of curicn.y to tho country for hogs.
..1' G5,'l :lnanh for 1oat1, continue to DO tho
.:i;.e:1s !oaiurcs OF tho financial s'tnnt!on.
ltn orttera from tho country to-day woro
!, t.ya.,,. aud roacboa tho avorngo. lilo hanks
:,;;1!l ordering frco'y from Now York, rs Is
.,:.Ag by TIM Now York baut.Btntcmont Of Inst
u, Z. in which tho deeroaso In deposit ana In
5! t":r1cra In about, equal, and mnnfests y
:ics,t ,Ycntvarl Of ovor fo,,r millions Of legal
u: ..c!,.
SIZE ss,rn1y Of Now Yorls exchange is ahun-
!;,::. and tho pYico is unchanged. somo Of tho
;~.;7 nro drawing exchange agninnt their bal
t.,'>,1 IN Now York, preferring thnt coufho to
nsiI,;, oxprcss cl,nrgcs on currency; tho orders
or pork arn making exchange, though not 30
ar.l M il ttia packers did not conano thcir Alp'
nc,,ta to ortlcrs; antl ,nnny OF tho country banks
re sending in exchange for curroncy. Tho ratio
:, s.El 15c to 81 discount beewaen banks for
1000.
Tho clcarings to-tlny wero $4,000, 600. Tho
.,t.;o.neuts on tho Eoa1 Il of Tra.ln hnvo bcon
;stributod through tho latter days Of Eovon'-
Or, and do not, therefore, swoll tho cloarlngs OF
IL let.
The cold weather a-,1 the nearncRn OF the hol-
lays have hid lcrcertiblo effect i'll improving
10 retail truao OF the, s:ity.
Duainosa vt tho bnnss iB good. Co1lnter busi-
css IN very active, and Tho demand for loans Ia
tea;iy and good from all branches Of tho city
.ho1oaalo tra1o. Rntcs Of aiacount ronsin firm
/ 10 nor cont o year to regular borrowers at tho
,ercantile balks with exceptional concessions
Fl or per cent at tho other Institutions to ol1t-
ido borrowers with good enough col!atoralH.
troet raten arc SGl lB per cent; real estate LOANS
70 ga IL per cent. .-.-.,-.
Tho Ohio Il Miasisslppi nai'road Company
aye negotiated their remaining mortgage bonds
,nay u(7 all the IT. floating debit and olt Of tue
arn;EEA l,ayo tn'Ecn up tho profarrcd stock flvi-
oyl due next W.arcn. Tho n,annGors announce
tas hereafter these disiaonds Wall 10 mot
ron,Etly 10 allny mature. =.
ria Now York d d.ptoctives, in following up tho
lrtics implicated in tho forging OF THO Chic9go
. Northwestern Hallway bondh, hosloYo that
uey hayo uner.rthcd n nest Of forgora, en-
arled i'll scheme for i'ooaims the
which ha.o arisen from tho cou'1,
4o,,ls kayo bnan serious enough to lead the New
'or. Stock I,1chango to ccnaidcr tho ntlvisnbtlstT
# recommending ail corporations iBa,1ing bohdH
q. havo them elahora!ely and oxpcusiycly gu"
Ihe liability Of National Bank e:oosholdor1 !lss
sccn defined By J,,dga hatchfo1l. ni new a1rs. Ky
II Tho case of tho Eighth National Banl; 81 thhs
tr. Tho Court held TINT htoekhooan s ~
'yescribetl by tho law 30 long as they t;orm'ss
.eir na,ncs to ronain upon tho boots ., q
NON sla hooks to soro ono WIG shall accept
I'D s,,cceod to tho liability. :evon though. the
took may hare hocn sold mud nssignod
II. the bac!s OF tho 'cpr.iticato Of atock, Of
ower Of attorney given to transierl u; 1or, \, IL
:c:c otherwiee, MI the stock OF oaf'k a1alGnt 70
ae,, In, as this war, By tho officers Of q banE,
nd tho intent Of tic Law fur tho benet Of cred
tors T bo defeated; o.. it might happen tllat in
lla case Of =. bani; in failing circ''natancos ltno
,o.d to hand after the first assignment or rowor
Il pak to .ranslor) no person could ne fond
represent tho liai'aity Of nstockho!tler; Ihe
l; method, thcroft,na..in in Ehicll atoeshot!er
Il, rcbeso himself from liaEility 10 to aee 60 II
,apk totl,o lnyer hen Le cells it. Tho caso l'as
zen appealed. ....,..,-.