, 1876-08-12
Continuance Of Moderate Demand
from tho Country lor Loans.
New York Exchange Weak-.-The
Clcarings $3,BOO,OOO.
The Produce Markets Steadier,
Except Wheat---Pro-
visions Dull.
Corn Eayisf.-Ekcat Ia Better Demand for Ship.
ment~..lt Ia In Good Condition.


Tho country II stsll an applicant for moderate
advances, n,n!nly In The shtps OF fediscohnla.
Conntry banks report ttat finances IN the Inferior
Arc a1n1ost stringent This ditorQanizcd state Of
this markets has rnsfc every one who could 90 70
disrotod 10 hold Oh To bis products, and = large
amount Of capital IL needed to carry It n''. The
Board of Ttnde 10 not using ~ large propoftioa
as usunl of tho loanatfa funds of the banks fnn1s
In carrying stuA. Tho small amount In stcEo hero
Is easily handled by private capital Tho stl ttAde
10 AZ yet thing Of the fntutc and, In The period
Of srpcciant dnliness that precedcs H. little COM
tncrcial paper IL made except 10 meet deficiencies
caused by slowncss OF collection. and to replace
maturing paper falling due.
Rates Of discount at The banks were S01o per
cent to regular customers; good outside borrowers
get street tnlcs.
On The streets, ratcs for time 1oans are made al o
per cent and upwards. There IL little hu'lneas
done.
New York exchange was o1ored between banks
al 5oc per 81. 600 premium.
TIE clcatIngs were s.. 300, 600.
NOT TO DE "A POPULAR LoAN.h
Tho Secretary Of the Treasury has called for Trn'
posais for S. leo. 600 OF nav ives Of 1881. known
ns the funding dycs. Tho bands must 10 paid for
in gold within three days from acceptance Of bids,
aud bidlcfs must deposit per cent, az
nsua1. The bonds are. Issncl 10 pay the
judgments Of tho Commissioners Of the Ala
bamA clnims. Secretary Morrill,, we are aorry 10
,cc hihcrce to Tho unpopular ptacilco Of bis pseAo.
.essorh In receiving nu bids for iesf than $500 600.
Diminishing any idea that tho Treasury can be shap
lnr It's policy in tho Interest Of the mLddlc-men
who want 10 make pfodt By retailing the bonds,
Il il din,cnIl 10 sec why tho people hre TINS pro.
hbltc from Investing directly In tic securities OF
htis Government,
TIE yANDEND1LT-NEw YORK GENITAL Sc, ,000.-
600 Mo1r0A0E.
The New York Daily 1nlleitn Of Tuesday gtvns
this explanation, In its financial column. Of the
statement that mortgage for S32, GOO, coo from
tsc New York Central to Willlam II. Vanderbilt
md Cornelius Vanderbilt 1t had jutt boon ro-
cor,led:
Tie attention Of Wall street arrested tha morn.
Ing hy fha Of the morning Journals
nrisaks sssss f'g.:s y s 5S 1sSss5i ON to oe,.
s;S5;;: s.
asI6 hst w, Iux. bsen recorded In .bs County Clerks
Mr: I, y. Worcester tns Secretary ot tho Company.
esf H
t Sec ssts s yfa;s
ts 5sa ss5s s ss s
s9sa 81 M ana fsSs fs5se a. i 1 xSy Sos
sss s s;eE ssi " ~ "a
sSs 9ss ~ ssns4 & g E
ata1 sicn vas eer iape Or attempted 70 aaps ots
NO MORE SILVER COIN wANrEp IN CALIFORNIA.
For siI months or more the people Of the Ftcidc
Coat have been annoyed and deffAudel by thc
great depression In silver coin. When there was
discount Of only 1ft2 per cent few complained.
and thero WAS no very great nccunulat!on In the
puDllc or private yaults. Dnt, - tho difference
between gold and silver Increased. tho quantity in
ncr Of Tho country was ransacked TO swell tho vol
unc. Colns ot old dates, but l!ttlc worn. ate ote
Philadelphia Mint, showing largo importat!ons.
At times the Discount has been ~ low Al y por
cent o,! half-do!lars; but just row. under an n
creased demand fur the Interior, Incident to the
payment Of harvest hands, tho discount ts ~ per
cent. hut soon this coin will come iuw!nE hnck
10 tho city. Treasurer Shefm0n Also anticipates
the privilege Of paying out coin for legnl.tendess
1inter the bll1 slgngl Inst month. We would re-
srcctfuljy nuggeBt 10 tho 6ectetaFy o1 the Treasury
tl,at California ddes not need any more silver coin
just now.-San Hrdncfsco BWttetin, dug. i.
THE PRICE or SILVER. .
The average price of silver in England last year
was frnclton under SID, which In about ID below
the nnrmal condition OF tl.nt market fox sevcshl
previous years. The monthly variations this yuar
auya Gccn n follows: