, 1876-02-25
Bank Deposits Neutrality-suspicious.
improvement In COLI
lcctfOns,
Joaus III Moderate Demand--NeW D York
Exchange Weakest Clearings,
SO, 1000, 900.
The produca Markets Generally Tamo and
Easier...Whcat Activo...0il,er
Grain and Provisions
Quiet.
FINANCIAL.

Thess ID soma improvement In financial etfelfA'
Tbs country has begun to pay up part Of itA obRA
tons 10 tho city, and tho deposit ltnce of the banks
aso consequently higher There Il souowhat mora
active demand for leans. This larger feceirsa OF hogs
stimulated packing, and mora money waa safen out Of
the banks yesterday fer that pnrposo than before for
fortnight. The speculative densnd from tho Board
Of Trsdn continues, aud Inquiries sro beginning to bo
LearI Tor funds with which 10 make settlements on
tho hrst Of the month. Commercial collections arc
botter than they hRya beon- Tho banks havo triae
loanAblo funds bus Il The timo the offer"
tngs Of paper have bean slightly larger. The change
for tbs bster In finances u nok great, bu he uiSt
point Of the Ia believed to have neen passed.
Rates Of discount ars sat0 per cent at the banks.
On the atrset the supply Of good negotiable paper
amounts 10 little OF nothing. Low grads papcr Ia of
tersd tn excess Of the demand. Rstcs aro s0ls par
sent
New York exchange continues weak, and sold At 75e
1scouut between banks for 81 900.
The currency movement continues Uncomfortable.
Tho clokrtngs wore s. 100000.
A NEW STANDARD or vAIrH NEEpKp.
Tla sudden depreciation In California Of tho valns
monetary events Ia our financial history. Gold II
threatened With expulsion from circulation. Tho
same reauons-thouQh In = minor degreo-now exist
there between gp1d aud Allvcr ~ hero between gold
md gtcenbaots. CALIFORNIA; that long prded itsef
It's monetary superiority 10 tho teat Of tbs Union,
hlver lcgalsondcr will become, 1ko our greenback IT.
redeemnble Il tho present stats Of the law and slSer
production continues. Silver IN specie, and yet ts
ESQ will compel the suspension Of specie Payments.
Eha San Francisco papers contain advertisements and
sounter advertisements from those who will and will
not tako silver. Tha rstail grocefs announce ulAt
they will patroulze Jobbazs who will not saks R!lysr
from them: the jobbets announce that thor Will not
sel to gsocors who Will not ray gold. Silver IL legal
tender bJ law 10 DO arc only for s. but BY custom II
ax como To b. legal tender in most general transao
uonB.
Tho gold value Of the tradedo,1r which Weighs 40
Rraihs, 900 ne as In 1871 $I.o3H; now the value Is
only viz eents in gold. Two halfiollrs, Weighing
$3.50 grans, worth In 1875 % cents ia gol and
nou but s9A cents. Tbs decline may be sxprusssd
follows, gold value:
Trade Ordinary
Year. dollars. ailvcr coin.
1870. Observation-Disclosures. :. VIZ soA
Dscnt. 0Ot 0o54
Al always Is the csse, tho commercial discount II
hsayor than The actnal depreciation, and Is 4@s
psr cent
The San Ftanclsco Chronicle prints Some figures
showing that tho production Of geld Is increasing
much rapidly than that Of stlver. In 1873 the
amount OF l7er produced nearly equal to that Of
gold, whllc sIuco that uue II has been follows:
Year. Gold. Silver.
4l.eoo,ooo s3s.soo,ooo
Aett.A.+a.ssss.....s.s.+sss Aett AusloNoM 4n1VOs1M
Aota.%ss pVy 1sAupuW