Year: 1875

It Is encouraging to notice, as may be seen in tho
financial reports, that the movement OF currency is
against the New York banks II is be regretted that
such movement is not active enough enbarrass their
That movement reflects the business of the
West and South, where these sections draw upon this
centre to meet exgenccs, especially tho West, where
currency required At this TO the crops
An evening paper treating Of this matter in its financial
column, says:-"lt remains to be seen whether the
working of the bank redemption system will dimn
ish the volume of the autumn currency movements the
impression among well informed bankers is that II will
The bank note accumuations during the
not possible, and less this past summer
than in ordinary years because of tho extreme low
rates for money which have prevailed. Gaug-
ing the currency outflow from now until
November by former years about $4,000, 900
have TO send. II is estimated that this year not
$40 000, 900 will be sent, although tho crops TO be
moved are larger than last year. and there every ap
pearance of more active trade than then. The trade
OF New York is fairly good and is improving. The
weather has been against trade having been unseason
able almost from the beginning of the year. The latest
crop advces up the recent expectations and 1t
may be safely assumed that this important element
in making sound and active autumn business viii not


IS THIS NEW TRADES


The steamship Ohio which sailed yesterday for Liver
pool has included in her cargo 400 crates Of Delaware
peaches The steerage Of the ship has been turned into
a refrigerator, lined with ice and provided with fans
for keeping up constant current OF cold air. This
being the first venture OF the kind its is looked
TO with interest If we can furnish the European
market with peaches there is reason why might
not build up very profitable trade for Of our

in season In overbundanco


POSTAL FACILITIES poR WALL STREET


rumor has been circulated that the Post ONCE
thorites would establish branch Office in Wall street
for the accommodation OF bankers, and that the dry
goods trade in the vicinity Of Canal street about
to petition the Postmaster TO accommodate them in like



Wherever this rumor originated, business men down
town not confined to Wall street, but including Front
street. Water street. Hanover square, the Cotton and
Produce exchanges, as well as the Stock Exchange,
deprecate any such arrangement They sufficiently
familiar with the work Of mail distribution know
that the multiplication OF special service In
demands of this kind would delay delivery far moro
than II would facilitate it, The Post O1ce is about
midway between Wall street. the financial
centre, and Canal street. the boundary
Of the dry goods centre. II Is not
out OF CONVENIENT reach of either The dry goods men
appeared to get along very well with the old Post Office
at the corner OF Nassau and Liberty streets and it
curious that they should develop Just the in
stnct Of Oliver Twist in asking for more that having
got the office nearer they want 1t at their doors It s
not likely, however, that either section when
fleets upon the inevitable procrastinaton incident TO
double delivery. will press its special claims, while Mr.
James has doubtless economic views this subject
which would bar their preensions anyhow II is GER
tanly suggestive TO the philosopher 10 observe how
some people can't stand prosperity.