, 1876-05-18
FINANCE AND TRADE.
Mo New Dizziness in Local
Financial Circles.
New York Exchange Weaker'''
C.easings, $2,7oo,o 900.
The Produce Markets Moderately ACTIVE
and Generally Easier.
A Decline Noted in Pork, Laru'
Wheat, and Corn
FINANCIAL.

Tho lean market had no new 1ea'01eh W "nv
The demand for accommodations was hos Psssnst
in any direction. Banks Win a "lau ."'k. ss.
customess find moro employment TOT the's iuno'
than thc otbers, but NIL report surplus o. 'oan'
Min ftnas. pnllnesa prevails In every qaaftct'
Trade ia not sufficiently active to supply the panss
yrttt ali the new paper they eonld hKe' COL
1ecs,ona couttnnc 10 ahow sigma Of Improvement
but yc,y l.tIe currency comparatively 10 go'ns -
Tho country. The rise In prices on the hoafa VI
that was looked for, and some country oanSH a.e
stiIl borrowing In this market to cfabe the's e"s@
TONERS 70 carry their cattle md GRIM
Rates Of djacount at tho boneH afe eeDlo PEI
cent Concessions can bo Ind on these f"'ea ~
independent borrowers.
On the street, business is quteser than among
The banks, and rates ore 6'11s por cent.
Now York exchange vas wchkcst anu sou pe'
tween banks at 4oG5oc per Il, 600 premium.
Tho country ortlors for currency ~eFo light
The clcastngs wcfe So, 100, 600.
AMERICAN s1LvEH IN CANADA.
Tho Toronto Globe relates tho particulars Of
'tombtnutIon py which the merchants os Windsor
saved themselves from being 0verrun with depfe'
ctated American silver. Tho merchants put them
selves undor bonds nj $50 for each individual TO
kaka no silver except al the following rates:
The 3.ecnt silver coin at cents.
The 6.cvnt silver coin at 4 cauts.
The 1O.cen& silver coin At ccnts
Tho 2O.ccnt silver coin at 10 cents.
The 25.cent silver coin at 20 cents.
The 6O>cent silver coin nt 80 cents.
Tho silver dollar coin at 50 cents.
Previous 10 tho adoption Of This rcsolution'
tho merchants were losing pei cent on telr gross
receipts, as their cuatomcss invariably nsea the
cncuonr money Tho result OF lts adoption was
TINT tho American silver disappeared cntleely from
circulation.
BUSINESS IN NEW FoRK.
Tho New York journal Of Commerce Of the 10Th
inst. fon,arks.
Trade was fcartal1s DAT yesterday. The ompttl-
Thorc nc plenty of .hcnl but thuy chiefly eougre.
eated d In curtain joSbers' stores. II w was
Ps ss 10 ovs1 Do sSsas al, s's a'a
Rs snythnE Che 81! buying Fir: t!s:, saaa; sa
1s Sseseay ssy a y fssy snxs goe Es, s
BUYERS seem to feel few rclontlng pangs Of CON
Function. One PROMINENT gentleman IRON MN IN,
TorE 1n,trket reTsnded HIN foscibly Of tic day
before the War, In la0l. -
cALrponN1A OBJECTS TO SUBSIDIARY SILVER
Tho enterprise Of the New York brokers VIII
u,o exporting Subsidiary stlyor-co1n worth III Nov
York SO cents 10 snn FFnnclsco and selling tslcE
for 100 has excited tho angry Femonssrance OF th
CalIfornfans. This movement threatens them Wiz
Tho samc Hood Of deprecated N.oaey against whtcl
tbemorctants Of Canadu harG Just occn co1npilledt
combine Tho Ha!ieftr, calculating corFccuy eno!le
that "unoral considerations will hive no eAec
on tho New York brokers. threatens tnht 1ae NEE
chants Of San Francisco will rosort to q co'nbnh
tlon ngatnst silver change similar 10 thas "nle
taey made ogainst the trndc dollar.
nv ponurr edIct, It snys, tic trnde dollar M
dcmonet!zed,-a proceeding which very room r9ise
tho subsidiary coin to iss old relation. with 9od,
thnt ie to Ray, a dacount Of z to ~ per cent. u
aooa 6 os subsidiary sllvar d now poured In trol
tic East they Tho merchants, Will hase to Feso !.
not imposs}blo for them 10 deInonatlza tho no
Silver md secclva /. only at IT, bullion ynlut al
Legal tondcr has no effect where no credit glye,
Tjieso a,tygcstions nse thrown ont merely lor u
nnrposo 81 showing Tint tic community is III
Wholly dofenscless, und That silver speculation
Bnct, ns wr have AEGtchca eanHot W au4c9lAft
.,tti,cu+ sdrrn13lc e{afE.