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Show CREDIT OF CITIES. . New York City bonds have steadily decreased in. market value and .the cause is attributed to the agitation for municipal ownership. New. York City formerly commanded the . lowest municipal mu-nicipal rate of interest on. her loans, and now pays a higher rate than at any time since the- city vat consolidated: consoli-dated: It is remarked that Chicago city bond have also fallen In price, presumably for the same reason, as Chicago had actually undertaken the experiment of municipal ownership. Newark Advertiser. |