, 1876-12-03

~ -. AaAhEA @ w. lAAEA 5CskEAAA@- \ uSl
were dealers in heavy hardware, and had capita
Of about 500, 600. Their liabilities are abou
$50, O00 while their assets S70 0o0 Of stock
hand, and SIS, 600 in outstanding accounts. Mr
Barker, OF Haskell d Barker, car manufacturers,
Of Michigan City, was q special partner. The
creditors think that the concern will pay 10(
cents OH the dollar.
JAPANESE PAPER MONEY AT PREMIUM.
japan Is yexed with lnnncta problem. In which, al
as q Sss, f1
ssss5 @Sass IT,;
s sa 1s y Ssa s
IL II e o ~ SRs 1 iia 9 T ip nsf
rcncy yquesllon1.;bes.on cy'nn'e. ctal RH.es'n.
Something like this has occurred III Franco,
where, since the suspension of specie payments in
the Franco German wnr, the paper money OF the
Bank Of France has commanded small premium
in the provinces.
1876 IN CALIFORNIA.
The passing twelvemonth has been 20 prosperous
in California that the eutcrprising papers Of that
State cannot wait till the new year to give the
world the particulars In its issue Of Koy. Is the
San Francisco Bulleti! states that the year 1875
will be counted among the moat prosperous In the
history OF California. While mining stocks have
deprecated heavily, the aggregate production Of
bullion has greatly increased, Valuable dis
coveries OF precious metals hare been made~ip
Mono. Esmeralda, 1ngo and Lincoln Countiees
partly in California and partly in Nevada, and q
great many new though small furnaces have been
erected The wheat crop is the largest ever known,
and commands paying price. immigration has
increased and the Bulletin predicts that 1877 will
see 800, 600 people In San Francisco. and e0O COO
in California.
BUSINESS AND poL1Tics-
The agitntion in business circies arising from the
present stagnation in trade is daily gathering
strength and the action OF the Republican party in
the Southern States is discussed very seriously by
all members Of both parties. For the time being
busincssm forget their particular political feel
ines and Republican gentlemen arc joining with tue
Democrats in their regrets at the unfortunate con-
dition Of Affairs that the political wranging has
brought upon the country. They cay that just be.
fore the election the business prospect looked ex-
cellent, and they had every reason to anticipate
one OF the most prosperous seasons that the coun-
trust. however, has arisen from the political com
pilcations IN Louisiana, Florida, and South Caro-
ina and at present trnde is for the most part at
Etnndstll-that il, all trade OF at all speculative
nature. The circular that las been disseminated
among the Republican merchants and bankers is
receiving numerous signatures, and although in
few instances the heaulng IN SO wordca as not to
convey exactly the sentiments OF so,ne it meets
with general appr0bation The 1lstswil be proba-
bly, be al returned in the COURSE Ut few days and
then some decisive action will be takcn,-Netv
Tork Herald.
THE LONDON MONEY MARKEI
The e11u1 Of gold from the Bank having become
to all appearance constant, there is rather more
marked disposition among discounters to avoid
taking long bills. The terms, in consequence, for
three months bank paper are frmer at IL, hut
nothing is heard Of above this figure. The supply
Of money being still very far in excess Of the de-
nand, the competition has become kcener for
short bills, which have been negotiated lis low as
per cent. In the foreign exchanges the rutcs on
Russiu, AUSTRIA AMI Italy hare been adversely IT.
fected by The unfayorahle political rumors, especi-
ally the tiEst-named which has declined to 2Sd,
fall Of over per cent since last Tuesday The low
est point touched by the Russian exchange during
hc Crimean Mar was about 25d. Bills on all other
pl1ces have been in strong demand. d.-Loaa0a
IeH4es, .Nor. 1S-
SPECIE EXPORTS TO CHINA.
Between January and November II Of this year !
he exports Of silver from San Francisco to China
we're 50, Oh :76, OF which 81, 1923, 932 were in
rade dollars.
GOLD AND GREETBACKs. |
Gold WIS 108Q51O8H in grcenbacks.
Grccnbacks we're o25a@02h cents on the dollar
n gold.