, 1876-10-19
Gle War Rumors md Their Eject OIL
Finances.
Local Bank Business Moderately
Active.
Tue Produce Markets Active and Exoitod by
War News from Europe.
In Important ld1untc In ErtalsluI1s md Greater
Strength ln'Pro5isions.
FINANCIAL.

lilt growing plDOAptlNiCh Of war III Europe WeFc
carefully observed aud discussed In Chicago ytk.
lerlAy, nnl hail their effects here rs elsewhere.
Gold mud socks followed the fluctuations In Ssw
fnfk. and wllrat experienced considerable risr.
Tile roHntrr orders for currency have begun to
tall Of nnl art considerably below tic average Of
last wecs. This change IN tho current II rarotsly
explained NJ dine 10 tho fntt that thr asnnnt Of
wheat III tic country Is much less than has bcen
thppotet. and as due 10 tacit movement 10 hold
Tho crop back 10 realize tho higher prices that
sunld ralc II hpstltItlcs break out on the other
sh!c.
There I. n stcady demand from, tic country for
redfsconnts. The general supply Of pnpcr Mt The
banks hns hccoMu better, nnl tlh nsua1 report Is
now that discount lncA arc well maintained. The
loatd-of-Tradc applications for accommodations
arc not pressing but tho offerings Of commercial
ant miscellaneous paper urc moro liberal. and mn
Artlrc feeling characterized tho loaM n,arknt.
Hates OF discount arc bGb1O per cent tn regular
eastonscrs. In sptcial cases special rates ass
u,adu. Oh tho street businens IL G,ict. Hates nrc
Rpcr cent and upwards.
New York exchange was sold between banks at
T:'c631. 90 per 81, 600 discount.
The clcarings wcrc 81, 100, 600.
: TILE PRESS ON THE COMMERCIAL SITUATION.
The Pittsbnrg 00:tife kays: "Frodurn back Of
us II rapldly rcuchlng here, md In return tltr
whoesnlo merchants t1llsng an increased 1l,sm.
ber Of orders for all k,nils or goos. Tho *. Paul
Pioneer Press Of tho 11th records n very large
movement of produce during the week, crraing an
active drmnnd for money, tho mi1cra requiring
ovcr $40, 600 daily for tcnd!ng TO tic country, OK
c.usyc Of tho demand for the home trade. .1tc-
ccipts Of produce Ind larGcly tncreassd The Kan
sas City Times Of Thursday tays: "Thc principal
ttreots Of The city have presented of uclivtty
that reminded one Of ayn or six years ngo. Ncsail
trade has been very satisfactory Indeed. whllo
among jobbcrs the movement of general .uercllan.
stIr ttuul lsurx to-
territory supplied. Collections l,arc bcep excel.
lent, showing that the retail trade in The country
IL good" The st. Louis Republican OF Frttay
chronicles M active movement of produce and il
quicker demand for money. According to the
Globe. .Dsmoeruf OF Thursday. almost all lines Of
trade showed Increased offerings Of commission re.
ccIpte, and sales Of products, grains, groceries, dry
goods. cotton shipments to md from this market,
tobacco, etc., all required money. Tho country
demand was a1so active, taking out Of tho market
largo aums In currency shipments, Receipts by
checks alaO wcrc liberal, denoting prompt country
collections. The Baltimore Sun saya: ''Thero ia
more than mudcratn business reported, md In nll
branches Of trado the feeling IA hopcsul and en-
conraglng." Tho Boston 1lobs speaks very GU
couragingly OF tho improving prospects Of the
manufacturing interests OF that quarter.
BANK1xG'1N BOSTON.
The general reduction Of the pr0ats in banking
at the present time Il reflected In tho lower dvt-
dends which now prevail. Only by tue bcst anan-
cLal management can good dividends now bs
hopcd for, for tho employment Of capital Is still
hazardous, and even moro poorly repaid than Is.
bor Up last April, as stated by afE, Charles
II. Hall, at tho Dauke7s Convention. aUo banks
had wound up their atfairs and gune out Of busl.
rcts, and up to the aamo time 400 banks had snr.
rendered tielr circulation. These facts show tho
1cssencd requirements Of business, and tito ncccs.
sity for continued watchfulness the part " tho
-lHks 10 Keep their resources from beconlpg stag
hant.-Bost0A Aurerilxtr. Oci."l4.
AFAMlLT BANK.
Nr. Eli.ur Wright hes opened the books for sub
ecrlptiund 10 the Massachusetts Family Hank, i,,-
:arpoF4ted by The Legislature In April las,.-a
,Aynss bank with llfc.lnsuranCa function, IT 10
.lle first company Of tho kind In existence brit tho
principles IN which It Is founded lave bcch we'll
considered, and the Corposator4 themselves hnye
no meditation III tlAkiug their good names upon tho
experiment. The ChArtcr provides lint all trAHa-
Ae,uns OF the bAn aa be In tho gold coi1ls VI the
CNcl stntcs, nnd no paper or rrOmsaOry cnt-
rcnry can be received paid Except at this nnrket
,aur OF such coins ut the time Of rrcclpt 1r pay.
tnent.
GOLD AND 0nEENnACEH,
Gold was 1l0hG111A in grecnbaek~.
Greenbacks we're 00!i0Hp7s cents on the dollar
IN gold.
FFky