, 1876-06-27
FINANCE AND TRADE.
AQuiet Opening-Day in Financial
Circles.
Ie,v York Exchange Firmcr---
> Tho Clcnrtngs $3,5OO,OOO.
rhe Produce Markets Moderate-
" Active---Wheat Wcak.


The only ripple on the placid surfaee OF tho local
lonn market was that caused by tile appearance o!
tho City Comptroller A. an applicant for loan OF
II, 900, Geo. That was the Immediate sum nskch
for, but tic tota, amount that would bo needed
would bc about 81, 600, 900. Tho application was
not received faynrnby by tho banks a. far a. could
he asccrtntncd. The rccurty for tho loan-ta1es
10 bo coliec,cd-was not looked upon a. good. The
collection ot taxes In these days Of almost uni
ycrenl iax.hghting II not certainty. Further.
oEc the credit OF tho city ms borrower Inns been
Injured by Ia failurc 10 meet certiheateA lnat
hnvc fallen due In tic past month. The banks
do not regard thclnlcven as pnbl'c lnst'tn-
lions IN my such sense to make It thefr dnty to
aavaucc the funds of their lcputitors on doubtful
security, even though It he for patriotic rur-
pose -.-.
mercantile paper Ia in demand, and IL taken ht fa'
vornble rites. Discount lines arc falling lower
cacl, week, anl tho surplus Of loana5lo funds be-
cuntcs cnrrcsrnntinely bnrdcnsotne. ....
Nn.rs Of discount arc 30 10 per cent, Gond out
side borrowers gut accommodations at street rates.
On the street, there !* q sharr inquiry for good
negotiable papcr. lates aro cola per cent
New York exchange was sold al par IL 2.1c pre-
snju,n per 81. 0OD.
There wns little currency sent 10 the country.
Tho cleasings wcrc 81, H0O. GOO.
TIE COOK COUNTY SAYINGS HAHE.
Itdocs not add anything 10 the credit of the Officers
of the Cook County Haslnga Hank that they '-',en
ell deposits at time when they knH~ tnc pahk 70
he In IL fnIltn. situation. VIC hase recn Fho"n 'he
following letter. written by thr enrh!cf OF tie con-
.,r,, ,Iv few ,ucrta hc fs-s the bank suspended,
, nr.n s,r favor of pec 2 l,as heen received:
Ws s no,s il -, So y ~ viii ,
% I ste H r; you ia,t r. 2i ri ag 81 ttp ~
S st u sHs T. 1sss ysy =" ns ~!
The italics nrc OURS, Culnmcnt would 10 super
THE EASTERN LOAN MARKET.
The money market continues to br most ahunil-
antly supplied md rites rlI1c yesterday precisely
tic same rs the ,lay bcfurc nnd, Indeed, as for u
month past. The rasnc reason for tIls monotonDus
condition Of affairs ptcyal1s-n lack Of enterprise
In tho fr4l:.,: industries There Ia llttlo ar M
prnlucti",i gslns forward for u future market.
s!nSs+ Is confined to thS Eress,t are eonse;
even !css '!teoNnlins. ~ The PAPER now offered
from day 10 ,ay, rnIlc "f the kinks report thai
rentns ralcs ri goods. but that there IL cbll-
siderable proportion OF single nnaacs and .paprr
Change il, tGs sysen, i! ding businrss II iTaae III II
nany # "f nn;nG:. sdns 49ns more
THE british LOAN MARKET.
Tho London correspondence Ut tho Financial
Chronicle rnyR, Jnnc 10:
r nrc y g ts1s H. Z. 70 not!se n .s
@ @S ts s VII! f @ % n'Ts rarss s?hftf G
st @ y! ss h, bs dss' XII! III i, ne S
Nc new hulia Will n nile 10 rarry mt Tie Trforiis
Y ;ae! aaa !" !fsS! =. 'ss %
@ fTs" % fIK" @ al @ .,,o S xS,s Ss ,,i, I,
r. M nirt .: 5 f !. 1s! ts, AZ
ss III 81 r. 'fs
T. e i.,tsa rsIisy somss b! st!s IT,
sws :s 'Sss'y y1s rss t. II s' ss sc ia ~ s s
S;ssS s*S { I'll Es:Ss s.Ss e fi 'fs Ss NV
sx e 4. y cst s Al ;.srcss css a .xss
s Siss a's s 2s Is H. sS 1s uta tp4t T. aeas s
pus r. assIs Ms tint !s :snss wIih ow sx.ts VIII
hkn"xn. .als ap teir ..is Il !. isciied aii4 eSi
rc!is sn'lsts c',r;s thy nSc rurslcA ~ a!reniy
forelAa Powers.
THE NEW CABHlEA.
One Of our banks has Just selected Cashier. liz
announced his Intention Of running tho Institution
on sound md fafe basis, lie proposed especially
70 look after paper presented Tor discount. 4
Cashier examined i vigilantly, md, IN quiet,
patrnnlzf,,r way, sail' ,tnnt YOU sire W another
,ne on II; t,n,< i s1u ~ Snk It perez.
gentleman went nut aud was rosle about nil hour
mt brpNSl, hack !ist Of ua.mes fuil :, yards
;any, Tlleh wcrs p.sts to tho ,'otr: TtYre wste
R-f0nls,rd Cashier, In the meanwhile the official
lat irasnel something nhout his customer. He
btus'ir, lore oil the llM"H at,l passed the paper
10 tile credit of tllc cl!stHes.-I}osf1R Exchange.
GOLD AND uitGENB4cKy.
Gold was LII l.sM1l.5.
Grecnbacka wsro MttsG1a0A cents on the dollus
III gold.
roEr1GN EXCHANGE.