, 1875-05-17
MONEY AND COMME ERCE


caxn,r,os a. THE on,cAao NATIONAL BANKS
MAY1.
Tho National Banks Of this ely havo published
tat.mep.a Of thtIr condition the 1r Inst, in
sronss 10 the e. of thc Comptroller. notox pre-
sene summary q! ths,r contents This summary In.
cludos
Alt THE tTEMs
Of tic statements, ant The liabilities aud selonrces ARC
sde 10 a1ancc that The ACCURACY OF The table ay
bc rrlIcd upon.
Tho walrc Of these hgtIres III fndox Of the b1sl-
Of Chicago much impaired by theIr einp dated
on The lat of tho month"; A. that tins The volume Of
tho transactions Of The bants IL hlwsys great
y .re,ed b The settlements ot Hoard q Trade
III. @ tnc1r.s: wa nrasr tS.n ..H. II. spe.'. "
ioamf. are Al! temporarily incre,Eel Tie rsosion,
c.' ~ dated On .stlensns IaynMssrst lind .a,s
cor eomp.rsops sn ssi rossbe. osI He' 'a "A' ' ~ '
rnE IoAya ARE LARGER
Tim tey were year sEo TIT ~, e ss T. nn sa
bsgs e .ot at ay o FL snt as
ward y rail- has teen mitch fighter !he Iast winter
s4 s sas .ns S e &C. .s M III sht. :. .1s s
work in heincrcefe of stcxco' In tie lo'ns las been
ness douc+ When Tue year 1915 oresls1, merchants
lacked forward With buoy.nt hopo 10 tha immediate
in'.'n ~ " ,!gns foss'old lgopsrouf spring
HAD NO HpR,xa,
mad consequently 1it.e srsna trade. Me:'hanfa l'ave
hank, to snpy ,hs funds te.r savs and sollcctioas
Aaya nat aGasileA. ...... .
,,1 Tf o ' :, Gr e nT.si.' e .s
dua 10 te settlements already EXPLAINED, hut partly
nlss 10 !easmae incrs.sn III Ne tnznnr-ts Of ttc
further thowA by the
sscrEAsE N cAr1rAL
tntrlns Of s12s.ojo since IL! M4Fsl!. There Il an
INIT
.!ensi nd ssesSsnes' sssloaa' toih q ' s good
Ono q .ho noat significant rhsnee' Visible I. tt.t IN
circulation. Ths circulation q ihn c.irsgo Sstim,l
Banks has decreased yeTf ra'y s!nsn Fer. a. lo7s:
f.lsn Of than 70 ree een. .a reaches ou'y
S.1s5ts;0. 1n tho ycar 6'rcn May !, 1914.
rtIR nEcnRAHE Of CIRCULATION
~ sn !, ind IN s b, Int twa " 1.
i,nrea the Tonms Il Satonsl isnx c,reustion iofo
than sil.foaoec The rrrnssble a1nre at wh'cl. sh-r
ss s sny nf s, hs nc sss;' sss st' e..
Tent an: nav f e, ss pGf fas f. tsis IT, 11 f
HIN h, len In the rast. i,as hn ta influence. md
sl na1y of them to frtIrn thes circulation Whslo tia
Tis c,rn Exchange Safou7, til. oommerci,1 M.
onal. he link q, illinois, .hs City Na.ional. tho
IT, nK sv IT, tsu:ed
70 the LIMIT at1owd y tho law. There hrs been
responding drcrrtte in the amount nf bonds deEuFe
:th thc tntei Hfate. Treaaurv. II Il worth remark
lh, Hhe Tits rnt'1 contraction Of nrr circulation
a' ktn tn proEfefr tho rates Of Interest hass boan
exceptionally cary. anil rc7lnin sn.
THE INFiAT,oHIsTs
inrn'ed q tic orsat we.s fo1 mora eurrensy I'D
"rhta,tr" n,riey.
Thr ierern. 80 81 cash means thls includes bonds
5rd ttncks Ill hanl an1ons dur from other bankers.
ic.altcndfrs anil o.ler rat} 10 e,eits i less than
titS nj tin 1aSt
encoHrJgfnR. thav1nE az oes, that larger ptopor.
tim Of tho Of thu bank. II In employment
There Ii Rch thing 4 bank icing too strong for
tho bns!nfss does. The hiehtH rercentaga Of caah
means 10 derestta held by Of tho banks bsiow Ia
8; rcr rent tic lowest, IL PR rent,
In evcty !ten ercept circulation tha& taA auy i'm.
port a. to he stability Of the banis 1he prosperity
Of the buaine's community, thcse statements sacw
THOROUGH RrcurEnAT!oH
from tho ehecH OF tia panic Of i61J Since tho 9Th
Of December, 1871, there has bern gain Uf se10UOU
IN ha l'snh, Of tnre tian 900 IN cRnI.irncrs
III deposita This In Rnod deal 10 bave done fl, moi
tnneh more elnn yesr and bali nfter 10 ssvore
pAnir. H. H., In truth, splendid showing. with
their uRual elasticity an high hope. the people were no
Hooner down IN September 1873, than thoy tsie< to
Htand ~lcrc they wero before that fall. il was oniy
did not exhibit Tia former h.tie and excitement, anu
that Mas but s'r nootl,a aftes thB psuio Tho com
paratlso Figures below ahow that our business hae beon
STEADILY GREETING urwAnp
IN the l1AttHety tnnHtht II II hsdo:n til II tie eerts
Of 70 sEsere rauic 1n tic aHt overcome rn,er
threo yesrs. Thht IN about ha1f that time Tho con-
ssrvatiys energies Of bai,kea mud crrh,un hays
placed themselves on the good foong shown below, Ii,
With s tho shortconlngH Of thu present spring. SONG
thisn to encourage great expectations for tie future