, 1875-02-09
MONEY AND COMMERCE
FINANCIAL.


There Nas little movement In any direction in nnan-
e's Circles The hitler woAthcf drransed the mails
and Interrupted The ont-oor b,Aincsz Of The city,
which II M boat nut krss At this intermediate sea-
eon.
Tho counter business Of the banks via lIalt The
loan business moderate. There was 4 fair mum.
her of applications from miscellaneous sources. Al
tho discount lues Of the banks ars all ut conforl-
able figure, tbs demand. though 70 heavy NJ they
oanld neet is satisfactory. considering Tho scato.
The general mercantile community arc supplied by
sher collections with nearly Ill the fnnte they need.
Among tho outside applicants for accommodations ara
nnA OF twu railroads. whose paper Ia considered good
md IA readily taken.
Rates Of discount remain a. before quoted. To reg
nlar customers, 10 pcr cent year ia charged. 1uo1
Independent borrowers sst all ths accommodation
they need At concessions Of or per rent.
On the ,tEoet the supply Of funds Is abundant. City
certificates, which ara fayorto Investment, and
wose price Is good criterion of the rate OF interest,"
arc selling nt about per cent discount fraction
Less. Rates. generally, rauge from per cunt 10 lB
Therb Increase In the orders from tic coun.
try for currency. The tnreipts Of hogs were liberal.
and the movement o currency Indicates that iley mny
continue 80 for few days despite tho cold weather.
New York exchange was dull At Csc 10 too premium
botuecn banka for LOCO,
The ceaf1ngg wars $S.30O,poo.
THE COOK COUNTY NATIONAL BANK.
Mr.. A. II. Hurley has taken charge Of ths Cook
County National Bank ~ Receiver, and yesterday be-
gan bis examination Of ita sIairs. lie il assisted by
tic President, Mr. B. T. Alltn, nhI Mr. Bpnk, Tie
Government Examiner.
cAL1FonNrA CunnEscY.
In an article Upon Tho Financial Position Of cal!for.
Mia, the San FrAnciaco Chronicle OF Feb staes that
the total amount Of gold and 1ver produced upon the
Pacific coast during 1874 II believed 10 have amounted
to $ioo, COO 900, Of which, has been shown sbove
California and Nevada count for $7l 900 001,
FJtah nd thor
and Territories tho rrmnintng s19,oooooo.
Uf this 81 $50 has been coinel iu the mins At Ban
Francisco and Carson City, Not less than 81 900
OF this coin is in circulation the racno coast
in addition to tho amount In circulation at the end Of
1870 This Chronicle thinks that tho total amount
uf American coinage In circulation in California
tmated At SO 00o Of which than third has
thus been supplied within the past twelve tontbs Tho
Extraordinary activity in every branch Of conn1orce
Lnl Industry ia easily accounted for"
FINANCES IN NEW ENGLAND.
The Boston Journal Of tho III lust says:
"a prominent buAneas. stated yesterday that ho
believed that tha cnnnlarcial classes Of Erw England
wcro never uefurs 10 free from dobt at present.
have been engaged in Arranging tlcir e.penscs 10 iIa
or Payments have been easily met for some months
!fan Il WIS two vears aEo, whcn heavy trade was
orced 10 met clfreut expenses. The failures ef late
hnse fss, not len vSry and majority .rs d.
gauseo The economy Of the Imst will 1ruvs beneficial
u tie future su, while VII may not anticipate Iii.
Ing times there is every rcaso1Able bass tor tho he
lirf thst eoind apr,ng traly will take place. Money
very easy and thate s prospect tilst 1t Will
HAue 50. u
SOUTHERN srArE nosps.
Tho ancclal tag bonds Of North CHrolins, issred to
tfe North Carolina IalIroa havu bet lucilel by The
ground, Al uoar ~ vo gather from the rather
deane statement OF the Mt hand. that tile agent
G s g.e e1sssa M ~ ss bonds
talroad There three c1asses of tcse honda dealt
In On tbs New York Stock Exchange hlt thet valuu IL
homtna1, class three having been lately quoted At
asked md bid, and classes aud two At 3{a3N
bid. our .dvices do mot Indicate whether or no tls
decision applies to all thrso Of theae issues.
II Is reported by q correspondent u tha Augusta
Chronicle that some such flaw laB also been discover
aSe ssen q
Ina Court 4 ~ harmony With tho recent Louisiana
aseison d. M the sa,s nosse ona. s*us
with that Of committee Gil tho vndity of tile Btato
indorse,nsnt' Of Alabama L C1luttanooga Aailroad
liability Of Sato* Is concerned tho appearance Of
authority and regularity Of proceeding tho rart Of
conditions Of lis authority muss be strictly pursuc
And precedent conditions on tho part Of the grantee
vestors VIII see at glaaee tho importa.ce, tia
ruling, Of obtaining tho fullest information with re-
gard to tho circumstances surrounding tho Aaue OF
ths claas d securities before putting ts!r .nonsy IN
them.-H<w YORK Journal " Commerce. ftt,5.
CALIFORNIA MINING aToCks.
The "Douauza" continues to sink iu public estima-
aon on the Pacific coast, and tho pricea Of mining
atociz On the Ban Francisco Exchange ars steadily
falling. Tho following tho closing quotations. Of
mining sharos in Ban Francisco Feb. 4:
Gould Curry, IT; declined g.
Savage 100 declined g.
ChoIAr pptos, q declined 0.
Ophir, ST D.; declined ii.
Hale Il Nurctoss, ~ declined 8.
Grown toht, 80 dectiucd6 Is.
Yellow tscket, 18: declined 25,
Dalcher4 40 declined y.
Imperial, IL ieclineaS.
f1Yu7l II atR6 A&n
California, 81 3; declined "a.
QYermant Gu declined .,
Rastnonl Ely, n.
Lest Delchnr, a; declined ID,
Kcntuck, Id declined 2.
Uhton Consolidated, 8; declined IL.
Alpha II :; tieclined1 4
Meadow Valley, Z.
siertn Nevada ~ declined 10.
Me1ican. ~ deEl}nel2,
oalsdonia, Is; declined 3.-Ne1p FORK 7rfbuns tth
GOVERNMENT BuND5.