, 1875-05-06
MONEY AND COM MERGE
FINANCIAL.

Dusintaa xAa dull at The banks and among tl!o loan
agrnts partly on hccos Of tho weather, and partly be-
OF the gene sckwArdneas ot trade. There has
yot been spring. and tho GNtntFsilat would have
come With rroIious weather hua tecn largely put
on I'll more conTcntanf seHaors aotncHh&E 70 tho
disappointment Of merchants,
The discount market Ia not Al we'll supplied With
rood pat As tho banks would ko 10 see Il, farRc
i,unnnt of II could readily be naecd st advantageous
prccs but there seems ltIrs likelihood that bor1ow-
sEs ef thu kind that aru wanted will appear TO any
txent. hatus Of discount At the hanks Bat0 per
tent, with growing tendency TO make concessions
tls latter rate.
Oh Tic atreet, tho loan market grows eaaier. Lohns
call offered II tlc rate Of per cent Per anuln;
time iosns nre Offered Il IL per cent Per Annun.
Rs!cs raage from tGs1s per ccut.
New Sn7k exchange remains hrrn ut s1rrtus rates.
Tie supply Ia inadequate to n,eet The ieMaud for
m'ltautcs u discharge Wosesn indebtedness to the
Last.
he feunrc Of the local nnhnc:sl EItt.at!on Ia mora
1pstkcl imam tbs attyr enau for Arstcl4ss favsrits
tecurts1ts. Chicago City and Copk County bonds hare
1dv4ncAd ler cent rhcc l1ht week, There Ia very
guoi inquiry for Governments. THIS Is manifesto
tlon Of tho lrliry TINT IL Icing pursued By capl
ealfs, argc and small. In llc!r uvestnentn In all tho
financial centres IN the world ltoucy Is ncctmul,ting
tu tleir handt. Trade Is dull. Tho indisposlttou
10 tcusIro !nto enterprises Ia apJaruy for tho
preacnt nslnrihle. Real estate "a dctrc std, aud Il IL
"", "'u u.s. "s'A N''s IN 'to IAno oi''' 10"
, ,,an nu'' .a' ''clse ~ n's a. ~ Ael"
..' .,'. .so .eN' snl. W. naa so.ss
o.hsr ceres The tendency prevails u deal oly III ths
most conservative stocks aud bondE.
This scarcity Of investment viii correct i.sc1f. Tho
unusun! dc.uansi will case Tho stols tn most REQUEST
toaircc!ate. An they 10 higher, psole wlil begin to
look for cheaper tecur.tics that faie m will return
wv "o ,1'',e''' 40 nus ""' -. s.'' "a ADfe
4Af ~" W .oA'.a"a's "'o'.e'' 'n1 >"f
w." ~ a4e' w '"''' "o~ - 80"
r,',. .,..',o.. ~ ....', :, ,'ts,, ,.,ra..;
hIi,,,v. ,na,,t.,.,s,a .,,I ,o hrn-,,I. y, tn,u..
t,s.. ,,t b,,n ron s., i,, c,,,ly1 ~ ,hs no,,,n,
,,,1t,i x.,,t, a., a !. i,r, r..n ,.,,n,vi.I,,, h,,
sap@' "nlcu Lug fe"i'e n1'o nI'n aee"''s'!hs. o't
haSo w1t4lleA iE'nl IneH1. ntn in4a renewal " d-
duAtyy will conc abundant work, higher wa1es,
briAksr trade r,, "A consequence Of all th!, tbs
law, ..',,r. >, IT, 49,, ..t,,o ho,a ~, -
n"s s 'o0Aos.o' "'se ~ A~"A '"''.e. AA''' -" W
lst'a dout that tic motive power hf Ills prosperity
may already Ie seen at work iii tho dtuanl fer local
sect,rJ,tcp Of which wa have spukrn
r,1if,-,n ,v1,l, for oJyJnn. r.,.,,. Ia trt.n,r1-
.aA"'na' "asn+ ioF o'''ous ~, tes"'na' ~ lnaoPcnu
Cnt Of uiy OF tic ecoAoiiid coniitoua OF tic rtsl Of
tho cout,try, ~ 1t sunwed ty ESCAPING tie
p.n,c hss ,a:sfl t1,ro,r,, t1e.n .,tr,,rsoIr,
4t ,,. - 49,, 1
1l11hss oi aesel'F!"ent shlee We VAR eha
10 how III tue leyaAs OF acstso bEs!ntSs prosperous
manufacturing aid mining, and speculation In aocka
49,, ,a,, ,.,,.. 1,,o VT ,., rn,,.,, ,,,,.i,,y..t.
a"a 'ea! ea.a'. tnu nes,. upo en:cas" lar.,eu'ar M
Live elet'catd Of independence anu s'feagsh tlfaf VIII
of other rar,H Ut tho COUNTRY I'll. rapid coneen,,a.
lion nr ea,fta1 her far t conro nj tho cat,ta tr,t
anu inc era'h tsao are 1niiaAR up 1nsa ic,ht viii
1apdlty that CLcagnans themselves fali 10 realize.
,ucr ,tot ri thn ~, IT t,r,. II ,,,,4-,n ~ N,t
80. 49, 80 ,,, ~ s,,s' ~
W. as.s' sns, S'.u Nv" nse' ne