, 1875-10-02
FINANCIAL.

rbs activity IN business and financial csrc]ea coz
tuues b,,t It IL tho activity Of Legitimate tra1lo aha
not of tneculston. Ths ~ shown ~ the bah3 etear-
tnos which to-day oniy t.4hlUO, satl 10 bc tho
smasst OF auy hsst day Of tho month during thc year,
II WA very different few months ago when our
,r,1uce huupcn urro carrying sons 1890 Hn bushels
rbrat and cors Then taaueca were moro than twice
what they toslay. Now theJ are carrying less
than two millions nf wheat nhd corn, and ahr1uehta
sud buajussE geucra1y arc moving Rlnnx III an inl-
tcues AuI r.eAdy volnme. Tie gnod, re-
nunrrntyc priccH Of all fnTn, products nrh max
inn tue Northwest stronger ard fur richer than
sycr II .@ otorr. To this gratifying rcrn't tho low
prtco OF {scIshts II contributing Tcr1 largely 10
o hnrrd that competition lHtwecu our sniisay nnd
watcr lt,ta of tsausi. Hny aEo this aaso ii things
permanent. ...
cou;,ry correspondents for both currency @nd dis
co,,nL. This uoca Lot thow weakness mi their part.
hut }leayy business among the mercantile auh Ike
5svyate community. unr city Incrllianta ma1'''fac.
turers aud deale-s u1ake larger rails far actutr'a-
tipns but bsnkorb Arn abuudant!S hiprIieta with
funds 10 mcct alt tho legitimate demands
ar regular c,,atou,srs. 10 rea,.lar customers.
those WHO Ret accommodations IN eiry and tfsht
time. 1t tin egal ratio, lu per ce Is tue hEnse bl
outaIders with hpprost,t coafaerals Gan Ket Ah tAe
money tcY want Rhu1l time or rs at "sd rsF eeh'
st.ceL rase4 arc nominal n: hc%is i:1 cent ....
Eow YORK exchange IN fiat. the supply hcah3 mich
lp exccas Il. Thu tc,nsn TLc Eao between bsnss WIS
bp1sc discount jet 81 100. aiA some h"'e" acgf ''ae
=. o. This is Eoud psow1ng fer tho clsS ana IN
fact for tho entire NprAncA It fruy* tl4s hof sales
moro ar equal her pusrlhtcs, cnl to+etu'n'ly !oF
the pyteeut at le1rl tait: 70 arcrunuA1ug That
sueli also will To tho tes'':1 of te ssaF Dus'ne"s
t4ero cannot l,o ,aztite uf doubt.
THE ILLINOIS srATr DEBT.
n The Etfitor ~ Fat thrs3" n,ha.+: -. -,,
Maroon, ILL.,, eept. ?a-Ntil you f!easo e1p'.th
sbioch sonr rl.in- tho ttc1ns which ~ 10 naho up
ili0nI, stItn debt ~ shown u thu ntastorA supple
What arc lie i3,,1utuf Thornton loan bonds; the
i,tts tst,tbti stoek, ttow aud for whnt plr+
t1ose worr ihc,s deuts itcurtel2 1N4Uthrn.
We have nut At hanl The copy Of thu Fi'aHtHt
fhyonttI. 10 which our correspondent rcfurs. The
e,taI. slt Of n State still unpaid is made up NJ the
odis Aad ends severbl old loans, Hone Of which
lavo failed to bo presented 70. puyH'rnt, anA
tho bonds for Which are probably lost. This General
Government havo $J, QUO Ut shIa kind Of In
3ubctness but II ID steadily reported III each anan-
e3al s,ate,uent Of the Tfeaauty Department. Tho
Thornton loan WAS made WHY bark In lsJs, 10 fund, II
We 1natako not other bonds tiicn EaiIlpg duo. Tho
"rereu,,e deficit bonds" {Cltcago} we're Issued to
caaks un tho amount Chicago ha paid for the deepen
Int Of the canal and which thu 3tat refunded to The
.ity after tho Of 1871, aud took the caua on her
aauds. Thn "lnscrtbcd stock" docs not APPEAR by
That na.e IN tho Auditors rrpott of Dec. H. 1874.
That document gives tbs cntlrc indebtedness oi tbs