, 1876-07-20
FINANCE AND TRADE.
Banks Paying Seven Per Cent On Tloir
Capital in Tnzos,
And Business Is Dull, OF Course..,Tbe
Crisis In California.
Tho Produce Markets Less ACT.
Avee-Lard Firr1er--Cats
Slender.
Fork ana othcr Grain Weak.~A shafI
Decline In Wheat and Corn.

Decline In Wheat and Corn.
FINANCIAL.
IN allodthr ths other day 10 the depressing cneet
OF taxation IN the 1asnciAl interests o. the Guy,
~e cited The met that ono Of tho Chicago panRs a
had to pay ia1es 10 amount equal 70 IN PCT esn.
On ts capital. Wo hnvs blneo learned OF aho.ar.
case wtcrs the ta1ts-Federal anu ioeal-lo. tu.s
xear eouAl 2 per cent ou The caplthlf In hholnes
instance wp vcto told that tho cntlre earnings Of
thc bank for SIX month"; had been consumed m
meeting the taxes which had 70 be PAID 70 tnae
period, in which. however, were 'nelnaeo eon.s
past.luo city m1es. Ths city taxes me oanss n
heavily for tie protection of tho police, Aha eacA
bank u protect itself has to- hlto spe.
ri.l pollconcn; the United States Government
taxcs deposits, And 10 that extent promotes oau
hank,ne BY making It the iutsrcst OF bankers
u mt ihetr deoetts into discounts, IN escane tae
1xx Tbs hanks arc ta1c1 By ths eity anu Wv
county, tho state and the nation They sahe. 20
much and mere from tho same quadsuple ta1auon
FALLING On Ill Business. Entofptise IL eueehsu 49,
supncy staguatos unused. i 1t any wonaef 'anA
'buainess IL bad and the loan market du!ll
Tho local eituation remains cnllvened only oy
r1hr country demanJ for se1scounta, which cohsl!'
tn.cs the only new and notable feature Of business'
The demand is largely due to tho cheex gwen ~
tho marketing Of tho crops by the recent 'ah IN
prices, The mercantile snd osaer demana iof
Soans u tight. The supply Of funds U e3ecsalve.
natoe Of dt.count at tho banks are SOLO per cent
n regular customers; independent borrowers, Who
arc scarce, Get street rates- --. ,.,,-
Or ,he street, the demand for good negotiable
y,spsr continues LARGELY ahesa Of the acmano'
Ilatcs for time loans arc per cent and upwards
Now York exchange continues asu a. oVe GU
aniptiuE ratcs prcmlun for 81, 000'
M, p, ri 0n0. 600.
ruR CRISIS m SAN YRANclsco:
A death struggle ID nov In progress IN SAD Ffan'
ri.cn hetyccn the Douanzs Kings and their oppo-
ncnts. headed by Jim Keeue and backed BY pow
erful combination Of capitalists hostile to the
,1seyeda CLIQUE. It is like nothing 70 much 40 the
contest between tho sane Flood U bflea On ono
s>as and Haston with the Dank Of California on tne
Io.hcr. tn which the ta&tsr went down. Flood q
fpBrseu. with tho Hank Of Nevada, have DOW tn
f,.e.r tuTn II Withstand the onset Since the t'aa
s the yaar their consolidated Virginia and Ca4of'
MA stocks have deprectatsd In vatuo $la ooo, ooo
They muet have suffered htnry lotdea IN tsoee
etocku, aud In tt1e loans made on ohels eecufity'
x.hleh Tho psnk Of Eavnda certainly could not sc-
fus. 10 take. Tho following nrtclc from tho AAa
California Of the 18th inst. will Etvc view OF
,vbt Ia Going On. The contest Is onc OF unusual
bitterusss, anl At ths point Of observation III
inevitable termination. II won!d scem, nust DO tae
min either at Jim kccne And bis set OF OF Flood
oBdeu, with tho bank OF Nevada- The dAo
says: .-..-.......-
rs,a e pe1eSen e aa.al:seo saa
Tsa t5 s aae lsass seessa c. I'D
:sHs ss sss .s e e.
asous" eniy iii pay I'D fday sha sa,s~ r..
sesS
p:,ssa - asrRs IL S',
295s,s sss S.iss 1si Il .sssal asssa
Sau.sias.ts hs ssno; vrrss Rst.asss4 y
j sass IS - rsgsss
T. q Ill asd q b; s ses s's
It s,fs %Ssss =: "a
se " V!ssI,' f
Il ~;
.sis: g sSS ssstSa. 5 Gsys
Sfss g :ss s is
s. ssas sn'i y mpafs VI
t sfssga IS" ss9 Fd
ss5t & &. xsh sas Sss'
j r; .tsss II iss loo plainly Daer. ,A.
.hs1s sfest .'ress xeins ot O. saprsRasy
m 4 "a stas H* Is
yIss'' ssya. se e y ~
t::benss to weaken tic confidence q ths public q
n i :s II I'll !; i?s
tse ,ns nd sssR ~
The1e ean St nj eylc,fs s44asedS' .hs ssss
s il III; s ;as.' "
III; s$$StSss
ss. tRs ~ ysf9s
ts %sassS; e e
fos e past sy. ys.f ta, ana a., a BY
Il II Ss.s %ssss iss
sS' s IL pfsss:
have 70 long na,nttnrd. ,uu...,, .u.,u. ,..,,
5as fSss fs ts1s;S s;ss:s
a .e iYIs!aa;;F R'sY;'. ot ST. ttM'a. a,
ust PFsb.by n tssi ,sI ~
t;n ss prensis 1es fisae @
ssS .pa as.s:n III - sss= sas= 1&e
t,t thts = thclr coneeusAta shsu :" ANY
rs ~ sss,ea sses ,tg
1 3 g. ssis ~ sa
s s; u ''; q
e' ''aaS " @Asa9 1olp AND onzENpAcxs.
seu useouSacts I wssu 10 SesoH esnts on tho dollu
GOVERNMENT Boxpe.
GATED s..s. . 3. 2, 2, :, q; ~ 'is
S.as ii Ta-JaauasS md dluiy.....,.''t!;SiN iSl iSSal
Ss!tsa s;.!s: f.. = :i,yi:::::":::;s IL
'2s0 7'A'eo cry rrr'1asr ASp COUNTY BONDS.
2GG||s::::s:: ;g s: 81; IN
Gaoi tSansy q. I,ad. ..............si0d ''!U7
sst Nth rs5a ShIe.ts eosa' q. bGads LacSa ''''
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