, 1876-07-12
FINANCE AND TRADE.
Collections Hard, Business Dull,
and Banking Quiet.
New York Exchange Flrm.--Tho
Ctcarings $4,OOO,OOO.
The Produce Markets Moderately Ac-
tive..-Corn Firmsr.--Proviatons
and Other Grain Easier.
FINANCIAL :

The bne!ness Of she day In financial circles was
auist In every respect The applications At the
banks for discounts are not numerous, but arc
heavier than they wonl be wore II not That colcc.
lions are hard and business " dull. This state Of
a[ys,rs uakes aomo botrowoEA More pressing. hut
docs not supply the demand for lonns that tho
l,nnss need 10 give their funds full omrloyment
Discounts, rs rue, remain low, and deposits arc
high.
Rates Of discount At tho banks asc s01o per
cent 10 regular cnstomcrH. Street rates Ere mauo
10 good outside borrowers.
On The street there Is, as usual, hnrssensome
surplus Of funds, all The more buEdensoms that The
high prices Of Investments securities are checking
III outlet In that direction. Raies are per cent
md upwards.
New York excf,hnse was sold between banks At
aoGD75o por 81, COO premium.
Tbs clearingA werc 81 600, COO.
THE NEW YORK DISCOUNT MARKET.
The New York Journal Of Commerce gives thaa
acst.tpttop Of The easo prevailing In the loan mar
kdt In New York: ..-.-....,
Money on call whs d!1cult to icnd ercn It PEI eens
nnt n TT sna pef esnt Ell Sss wss ms"
banks tf ~ qnHS @ ,n.s, A. T. 2, r., Est
s,fnS ssanS a.. ESaS, sIs S. ;S
sor.sa sS.sa fSa iii: @s esn
aecepsaness 4o and Evoa stnH'c Manrs q
sS ] IT, sSs4 esss Tor iss
Il aS7, vith . li8hs Inquiry.
THE pEcREAsB IN IMMIGRATION.
The stattsttes Of immigration, like tho prices Of
New England manufacturing stocks, Of bonanza
mining stocks, md tho weekly Clearing House re-
rosts OF the banking centres. reflect tho "hr!nkage
that IL In ptocrcss In all departments Of trade and
,ndn,try. During tho quarter ended Juno 80 last
there atrlycd ut New York 10, 030 Immigrants.
During the corresponding period Of 1875 As. 6oo
arrived This falling on Of Is, o85 immigrants
represents aiminutlon Of 81. 542 600 to s1b. 085,
Ooo In tho rcvcpue OF America from foreign l1nda
for throc months.
THE WESTERN UNION.
The New York Daily bulletin Of Monday Girca
tcpott Of the litigation 10 restrain the Western
Union Telegraph Company from paying the pro-
posed dividend upon their capital stoc! on The 18th
9nst, Ms, Lowrcy, of counsel for the Company.
uroluced afldayits stating that the Company wcfo
in Ynct ab,o IL pay The declared Dividend out Of the
earnings, and pro,in. hin postton by coplDus ag-
u.es. Upon The nthcr hand. It was commended TINT
the agrcc,ncnt to pay SEQ, 600 tn tho Southern
Telegraph Company, and tic sum Of 500, COO for
wires, &C., reduced The earufnsa crt'!ng June 10
to so small an anonnt that the Cunpany In reality
Ind no eurplus 10 divide. President Drton makcH
IN affidavit In which he snses that Tho plaintiff ts
mlslnformed, that tho actual net earnings Ut thc
Cumnnny now OIL hand Is 500, 20 over aud abovo
Ill 1Iabiittcs. Decision reserved.
THE pouaMKEErs1E BRIDGE
Nothing has yet bccn done on the construction ot
this new link to connect tho West With tho East.
Subscriptions 10 the amount Of $780, coo Aro needed
In orlor to bind tho contract with the hr!dgu COM
pany TO construct Tho bridgo and Of this sum Si0.
600 las BEEN raised. Mr. Andrews, Tho anhnc'a
agcut Of the Poughkcepae Bridge Company, writc
for public information that "if tho 500, 600 nov
asked tot ean be subscribed nj once, two OF thu
four river p!ors cnn be commenced bcfoso winter
and tic supcrstructuso got realty for carly rcsump
lion OF tho work in tho spring; and by January
1875, tho cnrs will 10 crossing the bridge into Nov
England With passengers and freight collected ovo
tens of thousands Of miles Of road now completed
stretching to every ono OF our Western and South
CT, cities, md now practically cut oil from II.
SAN Y1.Arctsco DIVIDENDS.
Tho July diydcnd disbursements ut San Ffhnclac
nggrcgate Sc 5h7, 8.0, against 81, Gao, 400 las
year. Tho payments OF Tho Buvcral castes 9
corporattous are as follows: banks. 500, 008: Ea
and water companies, $l3o, 00O; insurance com
pantcs, S11,O0o; powder companies, se3, ooo
street rallroud compnuIes, S., 900; mining com
panies. o., ESQ, 100; miscellaneous companies
81, GOO. .. -.....-.
GOLD AND dnRENDACKs.
Gold was Ill 1s;@111h.
Grcenbackh wern s84@s0S cents Gu the dolli
IN gold. --