, 1876-02-03
Wheat 1rregularly Higher-Mora Activity
In Uorn-The Rest Quiot.
FINANCIAL.

sucea nl!ka nro low, ae cas,o,ners and co.re-
sroudcnta AAye drawn consderablJ their deposits
u postpone posalbta the necessity Of borrow
Ing Collections conssnuo 10 10 complained Of ali
sides. Tho offerings of negotiable 1oubo-namo paper
only moderate but sufficient to kccp the avail
AbIo funds OF tho banks in comfortable employ
nent. Discount linea nre high relatively to de-
posto, and the surplus Of Ioanabio rcso1,rces
Ia not large. Accommodation is given only In cxeep-
ionnl 10 outade borrowers ut most Of tho nks
bnt all havo abundance Of funds for the e2sItits
81 tbor own cuatomtrs.
Rates of d.coant arc firm and range from salu per
cent.
tn The s1ect. there In lczs desirable paper offered
Than could he takeu. Thrro ts, usual than ia
wanted Of high rate, fowgrada paper Rates are a9Is
trr rent.
New York exchange continues to bo matas In recess
Of tho demand. Bales between banks weFo nado at
s5rtail.oo discount for fl.0o0.
Tho otslerh irotn The country for currency are
light.
The clearinEs were f5. 00o, 900.
TUE CINCINNATI FAILURES.
A correspondent Of now York paper writes
70 It ~ foowa In correction of 1nisatatcnents
about tho rccent failures at Cincinnati:
In regard to failures here, Measrs. J. j.. Wayne 4
6on ls understood, sold not Chicago real chtae at
ssry acaTy @ for III for
f;oouo0 nn relieved themaelves frnm their e1nbar-
C. s rn ass asa ssf p
htVhy eataetnetl, aid VII! probsbly be cabea by.his
ftieuda to do something in tho future. OF tic other
lIni unne Earncr Is hal {hAA been supposed for
long unc} to be heavy s,ccnator In grnin At Chi
tago while the other paftnar WA hoavy contractor
lca!. This il not tn tue usual line OF Cincinnati incr-
GIANTS.
EFFECT OF TIE wrssLow roRnER,Es ON TIE nos-
TON 1OAE-MAnKET.
Upon tho 1ean-arket thh affect la4 been 10 inteus.
y, II that possible o already strong fcptIng Of
1:sirnat which psFTRles tho atmosphere OF bank par
ors and to increase thu elosrneas Of Tho scrutiny 10
which all names. nlmoat w!thon. exception. are sub
has yee aay tGo .. a.teoe o II
sap.talats md bank AnuRcrs to tho praccabti!r Of
asvi.inx so9's pSn by which lenior may knov .ho
he Oollie failures in England lat summer, Several
clans wero suggested far tue detection Of aecommola
uaefraal e!tlea, 4 we are u carry on LuAlness
s sao s ., eoaaa. Wiz IT,
=. H. Ss:sssi j: s!sss:s
whatnot which IL represents; second, Eysematio
md eonaaonal regssrst!on at tue Clearing House u
application tho amount Of paper Of auy givcn
.ent " to manuger of tho Olesrine1iou or otbcr
.gsnt: the amount hod by esch Indv,dual banf a',o
thought probable shat foz long timo TO colua our
banks will be imposed upon by very ltio ot tlta
s "a; @ 90 se.t y hn ,asps0n t cneE
sI ~ ~ - - lii =. ~ ..nt eounutl
VIC reads ths nsrtIou,Is In tho vsstiy st n fs,s.
-Hoston commt1eiat Bulletin.
TIE DIVERSION OF TIE REV Yonn Jonn1so
TRADE
Tito lo4o ut tho JobbnE srade to New York h now
confessed fact y Tho reas Of that CITY, writer
In the New York EeonotHfst Eays:
The preseut method of doing 4 to1binp t,sncsu II,
this city il Simply tuinous Il; nauy casEs ts cost
~ selling ia mora thnn I'm nrota In fhn rst nfsro
each ioLbcr trrs TO outyiG Tho other ii tn e.,ravn
vhnt innun!tudo and mnpt1cenca of n w.rehonsr ond
utfce rcgkrdca9 OF exue1Ier Then comrx denntt.
toent bnyers and sscsmrn 10 eel onv in sucrisf ia
pars1ueuta. corps Of bootkceers entry clerks. and
Hho paid largo salnsies to do notGu8 and lastly
tlo commercial traveller, who works Wills away. and
,1,.iU VIII M ,ost ~ ~ mte a9s ~ Ihia position II
IL continually. Or Aye ont of sif month"; nnnnu tia