, 1875-12-16
FINANCE AND TRADE.
Loans in Demand by Packers, Railroads
and Country Bankers.
Now York Exchange Wcnkcr-The
Clenrings 83,JOO,OOO.
Tic Producs Marketu Less Ao:ige-Wheat
Wcak-Oorn Stead;ar.
FINANCIAL.

aaesc EA6 stronger lahbnR III INC local ioan mar
1et. Tbs demand for lpats Was greater. and thcrt
N1s consequently im{ Fovcn,en. III tho tono Of a.
fhra. Ths ractera have begun to put their PAPER
fha market, and If their applications aggregate nnrh
~ they Usually d. the surplus nf ths bants will ba
rapidly reduced. fn fact the needs ot tho country
lauk' arc now 30 pressing that he aurrls l;tc-
lytolAat long. Monss that was loaned the count1 ,
bants 20 aud 60 days ngo In he expectation that Il
wonld be coming haet At tbs sime, 10
IL sEatn liant elsewhere, Ia replaced by new
TaT~r insseaa Of payment. Thu amount nF r..
he~aA oy country banks II very large. mud thrrs IL
afso lively demand ios addlt!cnsl seouns. Thers
not mnth call pran tic bAula from their city cus-
fotner~ ConaIl.rab,o railroad PAPER has been d!s.
counted. lnelnding soma mario hy tho Conrany re-
rcntT rtided Wall street, which was discounted
At very favorable raics.
h1tea Of dconns At the hanks arc 80 ~ per eent 10
regular cuatoMers to Independent occasional borrow
efs bttser raca Are nAdt for Bhurt lnarQ.
On tho street business IL quiet, Rates arc G1a mr.
cent.
Nc" York eIthingo wss weaker aud sold between
banEs Al 23faDc diacount for 81, 100.
crate.
The cleAtlags warc sJ,.0o,0ao.
oun BULLION PnonCcT.
Tbs anural report of Roastter n, Nayu,onj, EnIssd
States Commissioner of M,aing H.aistics give, tho
nQafes OF onr paet and rrsaent bullion yield, snA
furnishes what may " taken m loubt ~ III authentic
eaHmate Of TITO oro In tho Com .tuk 10 e, Tho nroJ-
act OF The precious metals l47l $o42J,2Di; IN
lS's I'll Gaa5'3; IN ls:a sai9isB17; IN 1871, So.
te.oo; IN 1870 $1,o:0,03': III 1866, $l1s0,oO.
Ihe Commissioner saya tic great event OF tho yesr
Was the extraordinary Development Of tho large
bonanza In ths Comstoct iod,. lie says:
Hi+ tn,roafihe IL rssiMo the nniouut aud ralue OF
prn eanding IN tho Virginia aud .tfornta gtolid Al
bus been remarked the uro varies i qtIay Extraor.
dnastly ticA trtaks arc met with. III fomo places
Iot ~ fert tn tue rross-cuts Tho assaya tG ant
tEln fectlnns of .03 ieet nasay 81 o. Cross.cut No
In the California. fer 81 across the ORE ass.vn s19
per toI atd on fn other hand in aose places tae ore
VII not a'say atse 50, for ihtlnre for 90 feet in
Sho Wy glhA Consof!Iated crots.cut NJ p ne,r lie
%cAs clay. FAboua Ee1orts 1Hi est mates haya bcun
given. varying from tls lM1.0o0 to Il D0ut0 in
from the ueat elchcr north liuo TO tho fnhfr truth
Ane aud III tepta srutn the a0I to tho $50 foot lee
NH Yield. judging from present Developments ami
present yield. ole for two yrarn at s
raie Of t1!rnct,on viz, 4aO IN bsl tons djJY Tbs
quality Of the 10 natter nf pre sIecuIat IN ~
present the average In about $tU per tou hut co 10
siopes Mr. Luekhnrut thinks lint ttGl NAV poshIy
oe m average OF tie whoe referred 10: tpt thr
merely Irudcnt gucss AZ this rate thrro would
tsuver sco Wo,HD +" III s.ght." Int such calculations
are At prestut fnttle.
BILvER CURRENCY.
Tho Treasury Department keets un liz ronsue nj
small 'esc. to substitute for tr paper crrrsury:
The Miht Ut ihsdclI Ba tss recently Lepu n,,prrd
from New York VI te 1t eillhc!tn nt tnr tbs con-.
1Go o. ~ oo Ct mU;h of!tultiiizry cnlns. Tho
large amount Of kyt silver cnjus to the As.nt.nt
unt'ed States TIeRsuI Dnston, tn be AcI on n.
there until such time ~ The Secretary ready to
ttgn tt!e redemption OF fractional cprfc,cy Il IA
- cd THAI f5u09IuO Of tAs c.yy Of rofu IA sn
leI4 IN luhton 1He tosge o, craton. NJ tI,n t,nt
u California for tho mouth OF November agr r.u:t
s!.o tvA The production IT the several dciiU,l,-
lows: ~