, 1876-08-01
FlNANCE AND TRADE.
No Change in the Loan Market
Since Saturday.
Larger offerings Of New York Exchange
ut the Banks.
The Produce Markets Flrmcr anu Steah'
icr, with Fair Activity.
Recovering from the Wheat 6oare''"A
Chaptor on Hot Grain.
FINANCIAL.

change Tho ctcarngs continue very low, anu re-
fect in their diminished hRnSes thc 1utct that pre-
walls In ali circles. Tho demand from all sources
IL very light Tho operators on the Board of
Trade hayo compa raivcly tlle occasion 10 apply to
the banks for funds To carry alu1. Tho appcat'ons
from tnnks In the interior for rcaacounts still! con-
tnue one of tho nsu features Of The financial at
uA,,on. AlercAat'lc and miscellaneous paper,
though eagerly sought aftcf II Of good qualify 10
In light supply.
Rates Of discount at the banks are SOLO per
cont IN regniar cnAtomers. Good outAidc borrow
rrs can pct accommodations al street rates.
On tho street. rates arc per cent and upward for
Now York exchange was offered more freely, and
sold between banks At soc per 81, GOO Premium
The clearEngs were s., 800, oo0'
TIE CONVENTION or BANKERS.
Mr, John C. Hopper Of Nov York, will devote
the most Of the approaching fall months says Tho
l,otton journal " Commerce. 10 calling upon
them throughout tile country with tho vlcw of
getting ready for an overwhelming demonstration
at Washington next Acssfg1, regarding tho rcn1oval
Of the bank tnxcs, The convention, at tho neSt
aceelon viii, cn,,tnfn representatives from every
slate md National Bank In tho country. ~ fnr ~
posshlc, na weil as representation from tho l'rt-
yate bankers.
BUSINESS NOTES.
Jay Cooke Il CO. y discharge III bankruntcy was
not absolute. as might appear from the tclcgraph!c
announcement, b,it subject tn objection by crcd-
tturs within ten days from the 10th Inst Dalii.
more Ga:efir spccia, !ntmatea that parties in con-
fdcnt!a rclationR with tue tr,,ptces Of the Jay
Cooke asses arc taking advantage OF information
thEa derived TO 'tslavc" claims.
I,urincss, says tho boston journal, Is slowly re-
yivtnr One Of oar largest cotton manufactures Is
lapusins uf LtF weekly Product Which Is without
t,rcccdcn. at this season for several years.
The cxtc,aire cotton mills at Little Falls, he
longing largely TO Commodore Garner, Rays the
Albany 4rNus, ut present closed, awaiting
1omc adjustment ~ h{s af!airs,
A fnct worthy 0f more than lncro paEs!ng note,
says the baltimore A1eucon, ls tho extraordinary
growth Of tho buRlncss uf chipping rnlc leather
abroad within tho 1nst few yensa. Scarcely
steamer or tho German lno nav lcavca the port Of
Baltimore tllat s1,c docs not bear US portion Of
her freight shipments nf this article. II IL resu-
larry shipped to Liverpool and other English rosts
TO Frankfort the -Main berlin, Hamburg paris
and Antwerp.
SAN pHANC1sco MINING STOCKS.
The market yesterday was decidedly wenft. md
thu business transacted will hhow strong decline
nnovc. s a' The g1cat Of ttrust
IL av'"g H NOR more share. Ion upon tks marks Gnn
contlnciyo 10 healthy state at AFFAIR.". The mine
II ar to sss Is 5s,ssys 3 s"onh os M
10 comc. but those dcnias hayo not tho slightest
effect ln qcting the "a Ala.,n That aa, broksn ont
among IL lloltrrs. Tho falling nI u Cnn. VIZ.
g,nta nId California mas Compelled inc Others 10
tA1tc bMck%ard aep alsn. A. thu c|0ac tiie mar
krt lacked decidedly wenk.-ANd CatUornld,
IViy -. ..-. ..--.-..
DIDN'T NEED TUE MONEY.
Several years aGo brooklyn lawyc! was select.
ed 10 wlNl up the aia.rs ot corporation, with di'
rrctlo,s to pAy c1a!.nnnts BY check. man pre-
scented claim for 5000, for which tue lawyer gavc
lbs check, \ year utter. when he tried 10 balancc
lnp hunks. lie found m excess Of S!0t, md after
considerable search and Inquiry found thAt the man
had never presented the 5000 check. soycn years.
rolled hy, and rtlli the money scnsafned III ths
bunk. few dayH ago the lawyer WIS furnished
with the nuns ntlrrss, and called npon him, nak.
Ing him II he remembered the chuck. ''Oh yes,
lie replied: ''l'vrg0t It in old trunk up ssalrt
tho money. 'tWc}l, didn't need It y replied tba
mnT. The bnnls. Of Cunrse had the nEe Of tho
money all thu time without Interest," -4Stst 10tk
Ijorlu.
r1rANcE, IN bosros.
nhc,e c,c M fcnt,,rcs nj reIjnf 10 Tho eurfcu nj
moncy Win which tho market is nycrtnr.
drncd, and many capitalists prefer to let thcii
1nnAs remain lc' rnthsr LINN acespt Inc sGsy low
a e"W c"M, ba cnn accrml iii. yeo IN s,rin
rnsca and HI; nor cent "a common rats Id su1nt