, 1875-10-12
FINANCE AND TRADE.
A Moderate Demand for Money
Mt the Banks.
Tho Produce Markets Steadier~.-Provis.
ions Easy...Breadstuf1s Strong.
Lake Freights Firm, with Only 6
Modorate Outward Movement.


Wehsys sedom tten mo.s an1icty among buAlness-
any political event thar The election In Ohio.
Leading merehAns-cven OF tho Democratic rcrssia-
sjun-aeamed 10 be holding their breath and almost
qnakne in their boots !oat tho delut!onIsE ts "a
tality should earry tho day. OF coursc all must wait
And prepare for Tho WORT ~ best they may.
ThcEs vah fair degree OF activity among tho banks
yesterday but Il WAS not pressing thing Ike
Al large a II WAS wock ago. 1t a we'll thst ths calls
have dlntnshed both In number and anaount, for,
Of tho bankers oppressed It yesterday, !" the
nonny u nearly all out" It hts Rone to the country
In al directions Rnd With The exception Of currnnt
businsfa The market IN tho country for thu ptcscnt
least, seems to bo qte well supplied Our bankers
ti rnady 10 furnish further accommodations 10
the cropa" II wAnea; but calls for speculative pur-
poscA ncc not be presented. The market hnro Ia
TOO close for that.
The wants OF city custom IT'S arc Moderate and hecn
they ars about all ubsrny met Rates OF discountt
customers arc firm At 10 pcr cent There Is now very
little, If my, loaned below that Ggnrc.
Street rates nominal at a918 per cent, with rather
uore doing Than tor a long tlmo past.
Exchange on Nav York continues firm. Tho rango
today WAS PAT 10 25c discount per bctwe banks
Customer supplied Al Usual at par.
Tho bank cleariugs we're 81, ,000 They vary
parAsivcly 4cry little from day to day, indicating, II
would acesn, \ hoallhy and regular bnstncas.
NATIONAL nANEs ORGANIZED.
Tho United Bthtos Comptroller Of tic Currency fur
ntahes tho following statement Of National Banks or.
Ranized tho past week:
Q,so2-Flrst National Dank Of Bellevue. Q. Author
.1,pa,a ,Ssa esp,, f5eo9; Pat1in Saa' Seo 4 y
Authorized to commence business Sept. ~ 1916.
STOCKS AND PROSPECTS,.
Tho New York Eulstin OF list Friday evening in
regard 10 tho depression In tic stock market and tho
real business Of tho country. remasks as fo'lawa:
Evrrywllesn outside manufacturing sections, thcro
ara unjnstakahlo signs Of hrathy recovery; In fouo
parts Of tho country trao 10 Letter than 1t haa been
nent hsuse in Now Y"rk .bst tho autumn h,,tiucss 20
far fs ahead Of ttas n any season sfuce thu panic.
found I'll tho largo cru1@, And ts natural and healthy.
Tho bu! inrss community owe less money .h1n for
year': ss'ess economy has been 1Eaeicei III fa'n!.
speculative expansion In any direction; new hll,-
ilc+ h.so bsen blown, and therefore, not e1i'.tnE,
can be tspoleI blown before tho lanr. lle.,.
uls legitimate business hai nothing to 10 with their
ona IN Ss1 s,ae neh 5 % tn, to s
smain any 10 col1apsa. Tho position, thon. IS
ht, 80 far - businessmen are concerned There
a large volume Of trade doing. and at satisfactory
fhe SECTIONS which fu1n. htes- quarters Of tho
,ound and prosperous and theIr wants large anil
ihey haSe tho 1neanH to pay for what tlry want Ao
tna regard 70 IL which justine, The course Of sc,
:. the stock EIehsnHs md rally hat coarss u IN no
~ eterns ~ ho condition Of t5ade at the
9orn reryung, Including legitimate srae. allnAId 20
to the dogs or moderately speaking, shonl! siad still
uD eattoEsut Las been reached. A tn tia c1rra1,-
cy question, ut It is for tho crest NJ ovtry
honest man III tho country that thu currency s.oui
to either Rrociu resoyncn into arecis at wtl-u
shor. gold OF tta equivalent. Win auei,
= e,nrohcy, ono of thu u1oat important OLE
sncnta Of Ruhatausl4I and lasting prosperity
you'd H. 6e ohatned Il steek. are depressed be-
means anYthpg, that prices put down bcca.iRo
tae counsr, ia to haye lasting benefit conferred on
IT. 10 far ~ Ohio do II. II the derrpaslo ia b.
CAUSE Ohio is going In favor Of sniiton," il Is Lc-
calse the currency IL to be m1o Taueless ~
Poestbfe, 20 fur as Ohio MARE 1t that IL to ssv
prices oppressed Ia tha rattersH currency should ~
down. because roople will cnE tn this valuclcss eui-
rency rather than exchange It for tnIuettuR which
has value. IL either cure, the rsasonIuy IL asmurs,
and the fact Z that atock 11changs speculation nj
present Ia really nok influenced by trae nor currency
sonasaerstione tass these Ate merely prctetts used
make profits BY working tic fears OF tue holders
of securities than On their hopes. New York has been
cFnafed into condition which makes this rosaIbp,
snd apparently al that need 10 done by Hioek Ex.
ehange Acculators to work thrss frars luceeasfIly
into money Ia to circulate vague calculated 10
keep sllte dtstrukt.