Lancaster daily intelligencer. [volume] (Lancaster, Pa.) 1864-1928, 1880-04-02
THE i" FIRST ''
Tho Business Of Yesterday,


from county officials and principal mer-
chants, it is evident that yesterday was a
more satisfactory First of April in finan-
cial and business sense than any that has
preceded it for many years past. Although
the throng upon the streets appeared less
dense than we have seen in former years,
a greater number of the crowd "meant
business" and the result of is that bank
ing transactions and transfers of deeds.
judgments, mortgages releases, &C., was
greater than ever before.
We learn from the prothonotary that
the number of judgments entered in his
Office yesterday was 352, being II more
than were entered last year, and very con-
sidersbly more than were entered any
other previous year, within the recollec-
tion of the oldest clerk in the office (Mr.
w. Z. kreider), who has been familiar
with the business of the office for fifteen
years. But while the number of judg-
ments entered is larger, the rate of interest
paid is less than ever before-much Of it
being at 4 and II per cent. instead of and
6per cent. heretofore paid. There were
also many transfers Of judgments entered
in the prothOnotary's Office, an immense
number of releases (more than ever be-
fore), which shows healthy condition of
the real estate market. By close applica-
tion the prothonotary and his clerks COM
pleted their hard days work by II 80 p. m.,
by which time they hud every official docu-
ment duly recorded, and then Capt. Nc
Mellen, the prothonotary, took his force to
Miller's restaurant where they were enter
tanned sumptuously.
In the Office of the recorder of deeds yes
terday were entered 40 deeds, SO mort
cages, IS transfers and satisfactions, and
searchers " were made ad infnitum.
Only one deed of Oc assignment was enter
ed yesterday-another evidence of the
healthy condition of trade. For several
days preceding the First of April heavy
principally in entering deeds and mort
cages.
The county commissioners and their
clerk, Mr.. Will, were very busy yesterday,
and indeed every day during the present
week, in issuing A per cent. bonds to re-
place the per cent bonds now falling due.
On Monday $50, 900 in bonds were issued
and yesterday 100000 were issued. In a
short time all the 5 per cents will be re-
deemed or replaced with 4! per cents.
The commissioners have offers of much
more money than they need, and it is pro-
badly that if further loans should be
needed they can be negotiated as low as
per cent.
The county treasurer and his clerk, Mr..
Warfel, have, of course, been kept busy in
taxing and paying interest OH the bonds
issued by the commissioners. The num-
Der of bonds issued within the past few
days was 17S, in sums ranging from 300 to
SIS, $50. The transactions were largest
on Monday, when 5 per cent. bonds,
amounting to $4,000. were exchanged
for a per cent. The amount of cash
handled in the county treasurer's Office
yesterday was about $35, 900.
The cashier of the Farmers national
bank informs us that the transactions at
that institution yesterday were larger than
on any one day within the q years he has
been connected with it. The whole bust
ness foots up about s1,a50.000. The de-
posts were especially heavy, and while the
discounts were also very large. there was
comparatively little trouble in negotiating
them money is plenty and borrowers gen.
orally came prepared with approved sure
ties.
The officers of the Lancaster County ma
tional bank and the First national bank
also report heavier transactions than ever
before, and an easy condition of the mar
ket. Although there was constant press
ure on the part of customers, everything
worked smoothly and satisfactorily, both
to the banks and their patrons. The
County bank furnishes no figures, and the
First national states it's transactions to be,
Approximately, 100000.
The private banking houses report
money very plenty, deposits heavy and
discounts comparatively light - lighter
than they have been the 1st of April
in former years. This is accounted for by
the increased number of banking houses in
the country towns, where much of the local
transacted, and also By the large sums of
money that has fallen into the hands of
farmers and others, through the sale of
last years immense tobocco crop, thus
many of them independent of
the money-lenders.
All in all the people Of Lancaster county
may be congratulated on the flourishing
condition in which they find themselves in
the. spring of 1880.
Officers Installed.
The following officers of Lancaster
Lodge, No. 67, l. o. o. F. were installed
last evening by p G. NJ. John Levergood.
n. G.-Geo. s Flick.