, 1876-09-16
Discount Lines I1ighcr-~-Clear-
ings, &3,1OO,OO0.
The Produce Markets Steadier
and Less Active.
Provisions, Wheat, Oats, and Barley Easier
Corn in Good Demand,
Tho Old Wheat Row In Store Ilere~.Nhat Is 1t
Worth9


uana1ty In operation al this scason. tho country
now In need OF large advances from tho e'ty' ~
has been the casc for weeks past considerable
proportion Of the butinots done by the Chicago
banks Ii Ia rcdtaconnting country paper. There
bns been no snceial complaint about collections IN
the Interior, although the weather has recently
inerfcrcd considerably with transactions aud trade
but moro capital Ia required to ,novc tho cfopa anu
hold that which ia not marketed than 10 at tho a's-
posa1 of tho country banks. City business pre-
sents no new features. Moro commercial and mis-
ccllnneouu paper Ia offered for dlacount as tho fal
season paseea hut there Is not enough doing 10
absorb The lounable cnpital on band, or seriously
stlncn tho rntcs. Bankers anticipate IN actlVe
though not stringent loan market this fall.
Rates Of dacotnt nre SOLO per cent nttho banks 10
rcrulas customers; outside rates vary from bM per
cent upwards according 10 time and other e!Fcum-
Stances the lowest rite applying only 10 very short
paper with indubtablr security. On the street
rates nre about tlla easne
New York exchange was quoted Ut 6o1eoc per
81, 900 discount between tho banks.
Tho country orders for currency hnvo been d.
mIn!shcd by tho Into bad weather.
The clcarinCs were 81, 100, 000
NEW YORK STOCK MARKET,
There Inns been 1ote recovery In tho prices or
the "coal" stocks, which suffered 30 heavy tnll
inter the collapse OF tho anthracite coal comhtna-
ton, but IL has been slight. Tho New York Herald
Of dny before yesterday says: .......
The check 10 tic coal stocks IA tah to he due TO tho
former Lake shoo party who con!;enrst1 M ~; ~ urxaTd
n s s e Sa s n es Ha ~ II
postant onr presGn by earc!ty sosk sor osn.
g s il '''
Tho Delaware g. 1Iudton Cannl Company Is
among tlote hurt most severely. IL has rallied
somewhat but public confidence Ia disturbed by
the wnnt Of complete md accurate information
about lta financial, condition. On this point, tho
Now York journal Of Commerce tays:
Tie Officer. Of tl,e Company Will 90 we'll to heed The
Il Il. s L s esass ) 10 as ss'fs
t. ssfn T. sssa
sss ssn s,H :s s 70
nn an i a Il '5S y doa.sy IT.
railroad on tl.s West atorc Of Lake ChsmrlsIn.
The New jersey Central. another Of tho coal COM
b!natlon and one that has suffered o. nndly rs tho
worrt iss stock selling ut 20 agnnat ITO year ago.
is au applicant for loan Of S., ooo 600 with which
10 rehnblIiato itself. It's prospects Of getting II
cannot bc considered good. Tho statement Just
issued by tho President, John Taylor Johustouo,
was Intended 10 put Its condition In tho most favor
able light possible, but, us analysed by tho New
York Daily Uuttetln, its shows It to be in *acon-
dlticn Of absolute bankruptcy" Tho assets are
atatcl at siY s3o o0o but the BH!stttn shows that
they cannot bo considered worth moro than S35.-
COO, OOO Or Sl3, 00O 600 less thnn ME. Johnsloncs
hgures II this iB correct, tho liabilities s13,-
OOD DIN c1cess OF tho aascts but buyond Its d.
rect ulD1llGea II IL fcapDnelDIe 1oE Inc phylncHL
OF Interest on s15, 0o0 600 bonds Of the Lehlgh
l. WIlkcahaErc Goa, Company and 50, ooo. GOO
bunls ot the American Dock & improvement Com
rany, and for tho Payment Of interest S15 600,
200 ot7 per cent bonds Of the Lchgh & Wilkes
barre Coal Company, which It will probably have
to pay. IL hus Endorsed So, 600, 600 Of tho L. &W.
paper, and has hypothccatcd large amount of IL
L. ,EW, bonds as collateral for other LOANS made
to that Company. it, operating expenses averaged
about 81, 100, 600 In 1B7b and 1874, IT. roccipts
this year will bc abont So 900, 900, Its payments
for interest will be at lcnst ST. G98 COO. leaving fol
operating expenses 81, CON- COD lcsa thRn was acsu.
nly spcut In 1874 and 1870. The U"lietsn thinks
the road will not get ,hc st. 000 900 loan It wants,
mud that II II did, 1t could not extrlcac 'taclf but
wonld have still 10 Oubniit to an lncyitabe recon
etrucfou.
The New Yost 1s,nes, IN lta financial article ol
Thursday. says:
The Improvement In mercantile ami commercial u
fnIrn .hrfctnfuTu notttd. ah0ws abatement what
nnE ~ e. e . 4S
hensS 70 The ni Tos s11ns1 @ S safE
ny TreSioSs scasoi sacs is7 Iho astisu Gapot d
!nand tor Hour md wheat At ssaly tdyanciaE prles
HiaF = tesl ~ eaec.. q tas Esvysi q h9.!,sss
receipt. foF the pas srts ngnt!s . showing dccie
nE @ s1 q IT.
snes Of ~ y II sStay ; sSs1G q sss Th
ant' HaE II III tS cfsts 'Scs tsro @
drncc ln TIE fasrrs ct values Ths siosE @ GIsis
H.
yHEs1es nf s suai ssosk' %h9ss Hosscn a'u III
HETrER TINES COMING.
Gpetid Correspondence Qf The Tribune.
NEW YonE, Sept. 13.~-ln my last letter wrot
that the bsiat tal trade which yas opeucl.up wa
M Indication Of better tlmca coming. Tho dali