, 1875-08-20
No Change In tho Gsneral Aspect Of
the Loan Market.
Collections Still SlOw.--No,y York
Exchange ut Pnr.
The Produce Markets Generally Weak
md Less Active.
Provisions Slow, Grain Tame, with Little
Demand for Shipment,
Except Corn.
FINANCIAL,

&hn Same ~ II has btln for more fhan month. Tht
eEpus of The banks and the lack Of borrowers to a
sofb It tro The conspicuous md unattsacre tcaturei
Of the tsmo 10 BANKERS. Truro IL less borrowing by
merchants to make up for tsapronlnleuts in co!Iec
Hons. ~ Tho fall trado progresses, th6 number o
oountry tnerch1na In tuwu grows aud each Ut their
brings sonao money With Hin towards thu settlement
Of sccouats. feeling Of uncertainty again appears
with regard to tho ktosEccta OF buaiueys III t4c couy
season. Tho weather. though Anc Ia cold fur tic tca-
sou. snd hot prortioua for tha corn crop Which IL
about 10 rpen. With all the drawbacks. tho aggregate
teauts to the farmers likely to bc equal to tho
aro1aac, or nearly Business IL certain tn be ao-
esatcly good, but tito fuhlnan Of the grralcs hopes
tl,at were entertained 10 yet to 10 dtterfn1ar1.
lates Of dsacount ut tho banks 10 regular CUB
TONERS SOLO pec cent concrsH'pus Of OF PR cent
can he obtained by independent outside borrowers.
On the stees businsas il dull. aud rates Are G5la
per ceut.
Now York exchange is In seaus suly, with sales It
par.
Tho moys11ens Of currcnry outward Ia reported
largoF III directions but tho tual amount going
tnto the country ~ ab1ut ~ 1t waa Iast weak.
Tho clearln4s we're s33n.eoj.
DUNCAN, sI1En,fAS L co. y FAILURE IN FRANKFURT.
Tho Frank{urttr ZetuAJ Of July u aays:
fec,ea by tie failure Of tie old arm Of Duncan aher-
ninn tI, and tho consequent rae In ttsu god prr-
m!uu; but this va. onIy TEMPORARY A., soon ~ II bo-
qaencca, aud guild went hack to its former point,
quotalions railtd again. and with thu announcement
inst tho Last lot of 1851 United s4tes bouls hat bcen
ca!!rd in closed In exseIItnt posti. 1pod cltY aud
Fafo4d honds coAtinas ssry nsiu aul pEutty ac.,ya
PACIFIC HAIL.
Tho v&lns Of Pacific a4! Steamship Company stock
has beet sensshy affected by circulating un
Wall htreet with reg ,rd 10 tle nnsound condition Of
some of its magnificent steamers. Tho New York
Journal a Com,Htes prononucea these etores cor
rcct. Iu Its financial article of Turaiay last IL
says:
Some dafaaRing stories have been III circulation IN
tie STREET for the mat aJ or swo win respect to the
condition OF tho Icihc Mail steamship City of rkng.
I il quite pronRbls thai they HIbtt4utiay lrlr
Tho snip wss the frat one Lutt by slr. NuAcn, and
derisab'e. 1lo vas badly strained OH Ler outward
voyage from New York to San Francisco bc,auae nf
ents Of the ship aud her COL in tht ce,trc As tho
coal WAS bnFued out tho run pressed upun extre
1inx al sa n Sus ouua n' xcrr ~ as.e as
number bf The ttytts had bcen starrd, FROM bclns
imlerfectly tlrvrn, nI also frun tbs working Of
had % be rellseed. she sailssl ~ hvr voyage and
took hcr pines the regular JApau Chin. ils, bnt
q ha rouo .d to I t. rsare @ % So@ i. y i s1en
inat tue surveyors havs practically condemned her.
tle that she has sustained such damage viii rruure
extensive osefha,l'ng md possibly slo1too may have
tns City u Tosio u ID but Io beer condition. sa
Is so iong o. 10 slrn IN sss way and til, utmost
care L. tsutted u slowing her cargo 30 ~ not to t-
aunsrAsTfAL PROSPERITY OF THE COUNTRY.
Tho newspapers can do much tn restore the coug-
dence In business prospects that is alune needed TO
mako the Immediate future prosperous. Thry are In
pcR!sioh 10 point out to tho lcople the rcassurug
features of tho situation. These uutuntnber MANY
times thu unfavorabla oucR, and general could
10 secured to thu Stew, the work Ut rrcupcrauou
would 10 completed. Tue Tn1nrxx has taken good
deal Of ratus to Put forward Encouraging opinions
With regard 10 ths condition Of tbs country. II IL
evident. upon careful study Of nil lilo iacte that tho
United ataoa Ia to-day aolly Ahd truly pstsper.
ons, and richer In Ill that Is wealth. than 1t s7er VIA
bcfoEs. Other Earets making similar aterances,
The New York N.rdii says: "1he truth ID that the
country Ia not suffering any longer from poyerty."
Tho Philadelphia Ledger reu,arka iu tho Rauo strain:
We bare "A much actual wealth ever had, fur
although for lha lust two years. 10 have tcen pro.
dncng less OF some things havo aso een consuuI-
Ing lcss. Many thihEa lave heen tnarked down In
value, or rather price, Ut shocking ratc Int that s
eeeuuse they were valued too high before tho thtnp.
Themselves va st have, aud they conalituts real
trouble with III IL that frightened out OF cur
proprctv; NH have most strselossly confidence
aud W. t o 1lsct!mInAts betwR.n tho soun,I tue
un.ouul. aud. like frightened eh!ilren stand stu
aud Whine, tusts41 of gutlng earnestly ~ work.
In onr AFticlh aat weak deIracatng the idea that an
unnecessary economy sn element Of 1natesial
growth. the Sa!tnn expresses similar scr,. Uncut
aud Rstss that all that IL nsceRsary 10 bring the
country again 10 prosperity ta That lbs people recover
confidence In each othrE aua como 10 aeu tLat they
ars really batter OF thau before the panic.
uUsKhSAENr AuXD3.
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