, 1876-05-14


no MORE SILVER FOR GOVERNMENT CHECKS.
The order which never reached Chicago, that the
Sub-Trensurers should pay out silver on checks
against the Government, has been suspended In
New York. The reason for this step Il said to be
the desire OF the Government to check the export
Of silver to the West 1ndles, South America, and
to California;, sud to put stop to the practice Of
the New York banks OF taking the silver ont Of To-
cal circulation BY tenlng # to their correspondents
IN other States. The 1mmediate infect of tho sns-
pension Of this order was the reappearancc Of the
premium on silver, which rose to L pei cent at
the brokers Offices, and 2 per cent to The pub
lie. The fooling Of the Treasu1y Department With
the public in this matter Of silver does not furnish
any new and good arguments for d benevolent sys-
TEN OF government The projected silver dollar is
already, according. to the New York quotations,
worth cent less than the greenback dollar. But
as1Ight change in the prizes Of silver, bringing It
back to the place It has held within year. would
lead to the Of our silver coin d. bullion
that is. the London price Of sil1er should rise
or pence, the Secretary Of the Treasury might
sell bonds TO- the amount Of 51oQ, COO, GOO to buy
silver. and still the country would be short Of
change. The Philadelphla Ledger says about the
silver change:
As sanitary measure, the substitution ofstlver
for fractional notes is perhaps defcnsible; as q
excuse tor t. at least SO faF as public eonsidera-
tions are involved. When we can hive full re-
sumption Of spece-paymepts begun ut the right
mcnt, that the Government Is bound to redeem on
demand 1t will be quite time enough to talk about
increasing the legal-tcnder limit Of silver.
KEW MINING COMPANIES m BAN FRAxc1sco.
-Four new mining companies have recently dled
articles Of Incorporation at San Franclseo, Wit:
The Mo1l1e Stark Silver Mining Company, 10 do =
general mining business. with S10 0O0 600 capital;
the .Laedcriehburg gold Mining Company, to ope1-
ate in Ell Dorado County, with S, 600. 900 capital;
The New Era Gold and Silver Mining Company to
work In Alpine County; the San Francisco and
Calapilco Gold Mining Company, with q, 900, COO
capltal, to work in the Province Of LAgn., Chile.
. CONDITION OF TIE CURRENCY.
The following from the office OF the Comptroller
OF Currency shows the currency changes to Nay 8,
1876; ~: -, -: -..,.., -,..
sss5i'ss siisa5sstioa from Ny shs e Msy
NV eifsuatioa s:nsd during SAME tne: S is
crcnlatton redeemed - 1nd a. ou5ned r & during
ons'ssndiDs % % %si4euisttoa Nay :. is7s .so
oafssaaadinE ofaaa circulation lily e. ISIS Eoid J.
GoyERaMEAr BoNps...
8nitsa 8ntsd ZEE: Ststs: 3 6 a III
s.2a q rs M January md Ju1y '..1isB
s.s ~ q es-Jsnua17 sud 1
Ss:s$ 2S S::.s: ssz ): # ::::::::5s$ ;i::::5s$ aisz
United States currency s.. .-...-..117M ....,
GOLD AND GREEABACKs
Gold was i12@11sH. ....
Gresnback. were a9z@seX c.nts On the 'do1l.r
hi gold ,.,. u. 49,.
CITY AND COUNTY BONDS.
Chicago CITY p ct. bonds..-............Io6' i08s
Chicago C!ty 2 Ct -seweIaEe---......-.Io6s 1867
Chicago Ctty7 Ct water loan ........-.105s 1867
Cook County q Ct bonds (short). ....-.1o4s 1863
Cook County n Ct bonds Qong). ....1051&s lo6f~
West Park = Ct bond1 aT
North Chicago = Ct. bonds lthcoin -
Park 83*
sAnd Interest
-. Bid. 'Asted,
city Railway, South. Side. 80.
civ RAILWAY. west Side. .........,.......l4S -.
City Railway, West Side, = cent certi-
-.1CAfES lu!34~ lUa~
City Halfway, North Side. 123
Tr1dcra Insurance CO.. ..1SO
Chamber Of Commerce. ................... 70 . ~
Chicago Gas Light 4 Coke Co. ......-.....-.. 13o
Expedition stock {old): 40
Expedition stock (ueW)+.-................25 is
Exposition stock {scriO ................. Is