, 1875-03-27
money AND COMMERCE


Business not nanFs ac!Iss In financial circles
Than on the preceding dag, although tho nnc weather
encouraged The hore thnt It would soon improve
Tim cc,rnga wers larger, amounting 10 3lOo0, ,0p1,
Int shs duo 10 Increase Of .Btock.yards bus.
lGess.
The general demand for toanA Ia light. Tho erec
ul'tiou the Doart Of Trade although brink, lloes
not affect Tho banks, snce Il all In contracts for f
t1iro delivery The interruption In collection Ii a
tbs tnAfnsprp8 of mercantile borrowing. md there
Light demand from manufacturers anil mscsaue-
olIR sn.tccg.
Hate, Of iaroun nj Tho hanks ara 8A1o rsr cent.
On the Alfcet, ioans mado st rates ranging from
@thIo rent.
Now York exchange was IHto asrer 1t 25@5oc pro-
nlutn bolwcun banks for stNo.
sAstsHs RASKA.
The s1lonston Of the aayiuga-bank system il now
t>efure the French Arsen,t1y which hss appointed
committee to investigate tho subject. An interesting
report has becn made to The Committee by II. do
t;oruanlc. Of which give ryno,His.
II trnees tho history Of thrso institutions In various
countries, showing thai tho first record was FORM
ad 1t Hamburg, III liza, branch Of Freny 8o-
crty, lint tic nlp followed iu several Ger
man and SwtTH towna and that In l71s sfrs. Wakefield!
established Poor Chdrens Savings BAuk at Tot.en-
ham, which III 1871 expanded in.oa re9U1ar savings
lsnk, leading tn tho creation Of abnut sixty
othcra before tsl:, wien act passed
to regulate them. In Ftantc, 1stfcau
d'teonomo was foundol In l7o7. Feuchero
Aftntwnrl established a Chsmbro discrimination Ao
caritauK ct dTncrcls. All act Of 1901 1romscl tic
foundation OF Clissa Sntona1c llc pferoyance, and
the Dank Of Fratcc In tho year eight required to
ors1 department FIR lilo receipt at deposits above
60 franra; hut tho frat real sa,nya hank was on!y
formed n 1918. Tho erof,tn fr all Enrorc exclusive
Of RnsAa aud Turkey amount 10 $780, D0 900 francE
They have during tho last fow ycnrs large!y increased
IN England aud switzerland, owing 10 The plea
ton Of Lanka, an also In Auntrta owing 10 tho pro-
rantons atto2tc, nEanst nm on them during
financial crisis England. with 81 600 90 people, has
6. banks and l,547 ZOO francs depositcd swtzer-
land, with .G'o Coz pcoe. haa103 banks hn 9sa 600 COO
francs: whereas FRANCO aA only 70 banks liz dtyosiss
fe1ora The wnr heing 900 frauas, mud they
srareely s7o.oa0D francs. Tho average deposit
Fnr hcad In Eurofc Ia ~ fsnncst bat In Switzerland It
ID s5 ranca i'll Engfand - francs In Auhtts n franeH
Willie IN Tranco Lefora tbs It Wa ta francs 0t
eenIiincs aud Is now only l6 francs 10 continues. Out
ri every 100 persons hers 4re in England nine dcpos!
tors and in switzerland twenty; hit In France less
than SIX. French banks lending their fnntls 10 tito
State re:sved per cent interest, md the maximum
Of each srro'ttos waa .o0o francs. Dn.ng the las
yeara Of the Empre modification Of these ru1as waE
repeatedly lcnaEdcl and two Commission. fnvesl-
gated tho subject tho Committee Of 1860 recommend
inG:that bank should he oron Sundays At every
alairfc, and that tbs maximum Ahouil be raised to
a00o frsnca Tho report stetehcs the hatory Of En-
Csh feRisatfol and cxtols tho ardor with which all
Parties sud croofs vIo with each other In promoting
tho nocial ntercats Of tho lower Glasses.
!H' ao Sos"ana'e haa extended us observations
to Illinois, he would not lava teen able to e1tol tho
ardor with w]cl, all rar,fes yle with nach othcr in
,r,,,.,t,, .,-,r,a ,,o.n. nh .t,s -
i'es nA',uh' ""P'a''ots 4ho etluas'on hese
beoah 10 po IN Tie orpoelto direction. Tho saylnH1
b,uk syscm Of this Stats IL lameutabty be ttl that OF
tho Other States Of thu Enton Tin t,usnrt,r,t, az,
n.r,.nc, NJ t,cno.it,r. T., 1a,,u, ,s1t III. -,
d,,i. T., .,na. ,s"ss -. 'os'.s u..'a-'on u
DOLLARS III rae years Las driven many OF them 10 scck
ost fH1ee s'su s"'ss 'h'aAs 10 Aeep tAelr snrplus
3o ..' ."'s s'"'o y! 'sc's !" kAo"h u tao Lcgts-
.t..s ~ 'Aes aao no '"'ee. 10 no ansthihg' d.
s1osH" sa' ~, nna peru otonsat peioro tAem
M ~ ~. as,usao5 surpyin8 ne ae'ecsa OF
..,'3 "l.e'0n4'. npRuoal las beeh
!1,-,as VIZ SssD. g., e4,e' na' !. Ignored. ihs
11a' I.hs - ,,., ao ne.s ou''s.oe VI n1uAF' 'ae
,,s ,' ~ ~ wv =. 'o eains panaets Of
,o, t.,at,.s. A. ". 'ns 'ae.'y n",fnHs nss'"
a., :, ~ 'Ao - ".'A tuese tecr aao po'ct'
' ,. - a.. - sns las'9e o' III apnso-
r,,,., .,.. .' s,s,e'. " @ INV 'es' az t.s. anp'
!lus a""s, ann hoa'n8 ~ uone. II tao Legislature
,,.,, 10 TIM rne,o, ts., 49,. -. 49,. . AZ. ,
tu prefer to fre,t their Saving, IN .uhnrh,, tt ~.
rr t,an In r4.k thcn, in I'm vanl,, or ,r..no,,,.
Ia,ts
.1x7.n .e,per,,vvrs