, 1876-03-22
FINANCE AND TRADE.
No Change in Local Finanecs-'.The Be-
mand for Loans Dull.
New York Exchange scnrcc~-.
Clcnrings, &2.5OO,0OO.
The Produce Markets. Rather Unscttled...
An Easier Feeling All Round,
hut Not Mncii l'cclinc.
FINANCIAL,

FINANCIAL.
fhere wars sorno applications from tho country for
loans Ia carry stuff, but they 30 few In eompsrs'
with those Of sixty days ho ~ hardly TO Affect the
loan martot Merchants and m.nufa :ttfsr1 sre bor~
rowing moderately. principally to mike good The ~
Aeit III collections which aro st sow. Trade, both
In the city sud country, enr dull tho supply of ps-
pcr IA liEh The foauablo resources Ct tho banks are
tecumulstng. Everything ~ quiet In financial cit
Clos and there Is te prospect Of any sphady Change.
Rates Of discount At lilo banks arc 7@l0 per cent
Tho former ratio Is Accorded only to ratc1ass indo-
pendent borrnTerf.
On sha stsccts ra.es ara 76s1s per cent Tho sup.
ply Of good rarer !s scanty.
Esw York exchange was acarco aud sold n 75o pre-
mum between banks for $l,0eo.
The clcarings wero 81 2t9o,u0o.
THE cLEARlNo.HoUaR AND UEEouNp nANKB.
Tho action ot Tho New ynrk DAnk.Examinsr, Meigs,
a reporting 10 tho clearinghouse tho unsouud con-
iitton Of tho National Bank OF The 6tAte Of Now
York, has provoked much dEcusBiou. Finsncia1 cdr-
les In Now Yofk arc divided nome approving eomo
tondcnning, hIs courrc and that Of tue Clearing
Houso. Something has bean said about tho adoption
soma snI1sr tourso In Chicago TO provide for any
possible futnrs msmansgement by any Of our banks.
It mutt DO borne In mind that the relation Of ths New
FORK Examiner 10 the Nav York tanks IL
different from That Of any other Dank Ex.
nu,incr In tho country. lie IL d special officer,
selcctod by the New York bank1, and confines his
work to than. Tbs proper person 10 notify the 81.
Louis, Chicago, OF othsr Clearnu-11ouae Of the un
soundnssB Of any member, n tho Comptroller Of tho
Currency II the Hank Examiner does hia duty, tho
Comptroller i Kept Informed Of tho condition OF all
tlo banks, and II any Of them get into d condition
dangerous to tho community, this Comptroller netd
only report tho fact 10 tho proper clearinghouse Az
nociatIon. II has scanned, In Chicago that IN practice,
tho Comptroller or tho Hank failed to aprte
ciate Tho condition OF unsounl bsnk8 to act upon
their information. TITO au1erance with which tho
Cook County National w4A allowed to exist And threaten
the community for ino-e than yosr sl rsnAIna
unexplained mystcry,
FALL n TUE PRICE OF aILyEn.
The fall IN the rroo Of silver continues 10 attract ht
tont!on. Tenders again received At tho nsnk Of
England tony for council BILLS India, but with the
aae result ~ tho two previous occasons, that all
tho tcu?0rs Wcro under tho minimum, and corse.
Hueutty there 0otments. The fail in silver,
oHt-er. aH not ovon been temporarily arrested IL
was the two forcr occasions. ty 1noncntary do
InAnd for delivery which spFanR up. Transactiona
standard, isn Of about NJ tinee ycseriay. and .
laye1 bsing reached 1t which, there viii bo an acvo do.
aeccet committee Will shortly e nnrca for ID tl,e
House Of Commons. royal commission aprolutcd,
10 inquro Into The Of tLts decline IN sycr and
It's proba6le cxtett and dEti
ss london NtKs, 5farch9
SPECULATIVE sroCSs IN TIE NEW roRH srocK
ExcltAHnE.
Tho financial article Of tho Now York Tribune Of
1Iosllay EsJs:
Among unloading ssocks wna Western Union. which
sold toWn 10 G4k ou Tuesday and subsequently roso
g mud After yasioua fluctuations cosed nt Ge,..
Nhtlp tHa stock remains under tho circumstances
apparently srong, there nre 1un,ors whether well or
" founded We arc unable to say, t17t further rctuc-
d P.ci6c Company. Ir!o has been un,isus1iy se,lyo
ND a.csuatlu9, having eod "a low AZ ~ and hiKh
ss .sr e s M'afT sa 1sF' S9 rs,hsI I a hs IL
fs + 1o1h Il Ss Ms saDe. as been en- 5 a 1 f1r Al i
70 put hs stock 10 10 have apparently suailed also.
LaIo ahorn has been actiye,rwith wile luctuntona,
vhiei, Is ees Of only J; ro,n las satMrssays anst
price. Tho bulls in this stock continue to repeat te!r
harings In running e1pcuscs but tat Portion Il tho
pnbl!c Who notice facts Ind events undesHtaul TINT
railways aud othcr corporations are quits Wiling that
tho public my know of tllcir prosperity WHOM thoy
.1e really PROSPEROUS. Whcn wit t.o Stock Exchange
Etck % up tho courage to strike from la call ust
10 make 10 Il for publication nauntbly or oftener
sworn statements Of lheIs earnings?
DECLINING vALuE or NEW ENGLAND M1S1yo
BT0cKs.
Tho Booson Journal af Conlmerct rays that manu-
featuring socks contuua to decline, with rare oxcep-
ttoA, aud Ia hard u tell wteru thu tusu will he tn
shla long 1anc. Tho ransscioua arc very light apl
hardly afford material for comment or present much
ofa"ma.kot'" Amosfcag Ia aEa1n "on," dcclIutng
from 1870 to oo Appleton. $50 to $40; Atlantic, ss to
bss{; hdesstmaet 1oi7h Feh. 10, to looo tho lowoat
prizes for n,any years. LII fact this Btock Ina seldom
been below par In it, cnro history fot oyer half
10 a8A; fremont aud suffolk, 1l8 10 1l5; snd Waai..
ington. q to Co. Franklin adsAnced from 764 Fyl o.
! lao And thS4o .ro a to transactions IN Us sa
tous properties representing sofno Ou0 eai-
tal It % very clear that the rArtey owning hold
petsulaion.