, 1876-02-24
FINANCE AND TRADE.
More Demand for Loans and the
Counter Business More
Active.
insignificant Movement Of Currenoy...
How York Exchange Weak,
The Produce Markets Less Acuyc, and
Generally Easier...Largcr Receipts
Of DreadstufTs.
FINANCIAL

A0N E00AF<1 QUAlGC48 Q4 klu QA1ASf - AeA~A NAsA
holiday, wss larger and lie norresrondence WAS heaf
Ter. Above aud beyond ths doubling Of The Work OF
ths bank cAshIess End seiers there noticed n most
quarters IN increase In tio demand for loaus Apple
cations from many and such various directions
to give Indication Of any new feakurcs In local
or country finances. Tho demand IL most Of It from
ths city, and comprises demand from tho Board OF
Trsds for speculative purposes aud also fot carrying
stuff. Advances uade to p1rtiea in the country to
carry cA.s. Merc1an.s manufacturers, and tnisctl-
1Aneou1 buslneas complain stil OF collections, and
aro IN noed Of bank favors 10 make up tho deficit
thus caused. Ths surp!ua Of ioanab1c funds IL owl
dcnlly lRTger than II wcsk sg, aud bankers are
moro rcady 10 take desirable ousaide papcr II special
rates.
Rates Of aacornl At tho hanks nro R,Il0 per cent
Gu the atreot rates arc 8stls yer ceut With In
sufficient supply Of good pnper-
Now yurk exchange wap weak 1t $50 discount for
q, ,hUU htweoa banks.
The clcasnRs wcro s4,oon,oco.
BUSINESS IN BAN FRANCISCO.
Trnde IL rtSrtsd hy tts dna California Of the 10th
Inst. to bc dull and un4cttiod In San Francisco Gun
seauensIy coin haa Accumulated to laryo orlrnt III
the bauts, and there seems Immediate for Il:
The elycr agitation Ia largely lncct!ng business,
n5lh until some arseernent " perfected atuoug
Gaans II to fu ~hat tlsy will accapt 1t, lie
q :y q s
ton ID silvt Lars this week shows falling OF, tud
corresponding inf1c-@o of so bars mad Ira ak"n
pkcc Tbs iuW tlte VI which hfsvGF 10 hrll III Luudotl
md New tolk hAB tho ehtct TO CaMLtl tho shipment
Of guild 70 equal1e hi4 Of exchange dr.wn uon tuoss
q stankr 1l*t4; outside. lkaa!f. Exchange ~ Lou.
,on Is 4ts ;9, for b4nke,a s'1.s -l.s tt sn sgAd
Tor eeMMcrtst bl.ls Cum .s.ls I'll E-11isFn cities
ale tcins drawn at u Of lsr t.us currency dEsts.
- Nr uat; telcer.i,hic traiuf.r:. lft cent Gold
ds.ouuI; Mexican Golia,a 5.7 I3r sont discount
trade tull1xs 3hS4E 1es ctut iatouns s!is+s eoin b
BOLD At 31A lor cent d:atuunt.
WAGES AND LABOR IN EoBToH.
Dan
comparative 0suEe. Of tbs w.ges pal In tile lsad,ag
indu3tres in Uoston S71 and 1876 nnd tho number
Of mon employed now aud then. Tho decrease in
Hsgea snca tia panic appears To hHye been Iass than
that in employment. There are twclFa branches tn
which we9ea arc tba eaulo now befo1e tho panic.
They Ase marble cnEviuB. psrlor organs btllarl
taLics. ktcaln-pumps. 1oee4mi;hlugt gas-l1tufcs,
Ftoves. jewelry, expressing, dry gools, printers,
roofcrs. But there only nns departments In
which the amount Of Labor Is employed before
the Imnfc. parlor organ making, blscksmishinE,
house-painttng, hat-mak'ng, expressing, furniture
making, roofing, boot and Bloe making, and watch-
naktnG employed tie anna number Of lands In 1870
anl 1874 The decline lu Hnges ranges from 10 to
peg cent.
0o1tD-MISlx0,
slvct'mln!nC hsa been CA1t ltto into the ahads By
this decline III tho yalre VI silver, and the bonanza
uaGnatcs arc turning their atto uton to gollminiug
Thu discoveries Of gold In tho San Juan district in
Colorado and in the Black Hills wilt turn the tide Of
adventurous goldReekers Away from tho silver fields
Of Nevada. fun Francisco capitalists arc aeEotIng
pecai ATTENTION to the gold mtnes Of Southern Cafor
MIA. The M1thcr Lols, ~ tho vein that through
this part of California u Called Ia known to stretch 10
mlcs and has produced several hundred millions Of
do!"rs. saSB tho San Francisco chYonitt:
Flood 4 ODr1en arc sinking n tho French atino a
l,2oofoot aflaft, mud new tunnel has been projected.
to statt from 1ou thn south bank Of tho Meseer
the aotheI Lode near. 14no.Trec Mino, Ma.irosa
county IT, length VII be ,su. feet md its cost At
large amount Of machinery will ~ needed which will
cost as much moro, 1he surveys haye boen coul-
pfsted, and the work will begin !u tie spring.
CONSOLIDATION OF M1H1aa coArAN1Es.
Tho consolidation Of tbs Gold Hill group Of mines
has boon finally coaaumnated, aud tho following
sh.rea arc to be awarded to s different 1nines nams
The wboe number Of shares Ia bo00o divided II fol-