, 1876-03-28
The Loan Market Not Active, but Dig
count Lines Well Maintained.
New York Exchange Mt Pnr---Tllc
Clcarings &2,7OO,OOO.
Tho Produce Markets Ncrvons...Larl
. Strohgcr...0tkcr Provisions Ta'nc.
An Advance IN Wheat and Corn, Followed
by O Decline,
FINANCIAL.

tho country In tho way Of grain or currency tue de-
mend for losns ms,st Be maintained a. Respectable
A9uro nus!non 3, tho banks Is 4n'e particularly 80
With Institutions whose customers arc tnany on tho
Doard OF Trade. hanks with si.lo range Of custotn-
CTS report that hclr discount Inca we'll nlaiasaIuod.
Ellis ara maturing eYery day hero which arc paid out
Of money borrowed ct tho banes, fA lefsnlt OF re-
ec!pss from collections. Tra!o Is quiet both In tho
city and country, snl ths supply of burnsea.r"prr Ia
not largo There 10 a surplus Of loanaho funds in
tho city, though not Il evor bank. aud good borrow
readily obtain concessons from tho 4ss which
arc asked IN moro active Iezoda.
Ratcs Of discount Al tho banks 79 10 pnr cent.
On tic sreet, good paper IL In request. natea aro
per cent and upwards.
New FORK s1change was weak 1t tar 10 25c rre-
MUM between banks for 81 900. Tho ordera from the
country h1vn decrplsed.
Tho clcarings ucro s. t70o,ooo.
DuuNEss ExnAnnAHsMHNT.
4 l,rm in House Furniahlug How, Slate street,
dcstng In carpets md houBo, furnishing dry goods.
has bccn for somo time undc1s.ood 10 be in e.nhar
rsascd circumstances Their troubles havo atoly been
heightened BY ths complications In tho At7st1s
De d prominent hotc-kccrcr, who had contrib
uted largely 10 tho capital OF tho coucern, hut
hta become unnblo 10 continue his advances. Tho
difficulties Of tho house hsvo finally bocomo serious
>hnt has placed ttset IN tho hAnls Of It's creditors.
proposition has been made by tho leading dry.goo.s
house In the city TO buy Nil tho stock hsnd nj Coo
IN tho dollar. Its par vnlup u estimated to 10 about
usoooo II Tho ofIcr Ia acccnte lilo STOCK will Yield
fo.ooo. The crchlts world produco about sIaJ0oo
more ay1uu The creditors IL catculatcJ olut Al rer
cont Of the1r claimg Tho creditors arc ap,s In New
York, and have uudor elyAcment tic offer 10 pur-
chase tho stock. and II Ia bclIoYcd will accept H.
nrDucr1oH or 1srEnrsr on DEPOSITS.
Fnatern 1xnks Ar. reducing tc roo nj ,nier.st n.,a
IN h..ncca- n noe,on .omo NJ lin ,c,dino b.nr,
w.. rodr.o, tto .,so ~ ,,1,nc,s In o. ~, I'M. .ra
w 1a's W. ,s. " ~ p'l ~ ssn ana
IN New York reduction h's bcen fnade BY certain
hahkB to pcr cent. In boh citIca, 1t Is generally
trun that finn hnr TIM tnnk be townr In TIM rate ot
ints,o., ,,sta ,S.t !. :, ~. {. n,,.,,s, '~'S ~'
e0'e'e's lSAa' -@oA1 ~ suS II 1'''"et'
AMERICAN SECURITIES m FAVOR AnnoAb.
Tho Iferatd spcctn ly cable, from London. atarch
B, eaya:
II 1s satisfactory 10 quote In the present stale NJ
No market genetal advance Ia American securi-
ti ss Dt.so ~ ~ p " ns n ~.
ro,ks III nronortinn In fact the stcadinn nf AnnnrI
cau Hccuries whether in tlo iepsrtmeut OF Govern.
ment Of railway bonds hss been Que Of tlo rcdeeiuu
irsits Of Z nhrkot which othcrwigo has been arccIs
tionaIly luli and doprrssei
xrw pvor..uD r,u,.,va
81" f4ss"A4a4.o <1'"NeHa'
Tho boston Journal y Commerce says:
Lower and 1owcr Jet ia Tho s,lo Of tho market and
we hcn1 Of paper discounted tuts week at w pcr cent
f,cr aupuIn point rarely reached. This Of onu rso
ia exceptional but at pr ccut tliere IL eupcrabup.