, 1876-09-02
FINANCE AND TRADE.
Continued DuIlness in Chicago
Banking Circles.
AAcop Canal Tolls nnN tho Trade
of New York.
The Produce Markets Stoaaier, and
Fairly Activc.-.provisions
Stronger.
Wheat Tnr1ts Downward.. Corn Firm.s'
The Vniue Of Old Wheat.
FINANCIAL.

FINANCIAL.
For The dsat Of tho month, Yesterday WAS IN.
, tolcrably dali. somo Of tho bankers reported 1t
the most so Of any month for year past. Usually
considerable, often very large, loans arc required
10 mike settlements; but in this case they were
fow in number and rdIculously sna1l In amount.
Presidents and Cashiers were found taking their
eaEs and apparently disappointed At receiving no
few calls from customers. or conrse they nre
nbunlantIy prepared foT whatever turn events may
take to-day (saturday), and TIC mora lively they
arc tho welcome will they he. The clcarlngs
fooled ur only 81, 900, o0oo-a fact which sufll'
cicntly corrohoratcs all that II aboyc stated
1t remains simply to repea. former quotations,
viz; for discounts 10 customers, S01O per cent.
This 10 tic rate at tho mercantile banks; but the
packers banks nrc glad to make call and short
time loans with nnquestloned coltasesals At per
cent and upwards. There arc scarcely tranEac-
TONS enough Of this kind to make quotations.
Eolc brokers can find very little to 10 on my
terms. What little paper offers fcts at GGo1S per
cent according to time qualities OF the paper, etc.
Transactions In New York exchange between
bank. are comparatively limited, Tho only salcy
reported were at b0c per 81, 0O0 ,liscnnMt Market
comparatively dull In this, IN all othur lines Of
business and finance.
CHEAP cANALroLLs AND THE TRADE or NEW
ToRK.
The Now York Journals have at length bccn made
to realixe tho necessity Of cheap cannltoa tn the
trade and prosperity Of their city. Tho following
article, from The journal NJ Commerce Of tho Goth
is directly IN accordance with what Tlts TnuHE
has for ycnrs past been trying To mnka tho people
OF Now York understand, TINT I. is commended TO
tho careful pcrusal Of our readers. Whrh paper
like the Jouraci oJ Commerce Gays that II Ia bet
ter that TIM cannl ehonld be made free than that
New York should lose The vast trade Of the West"
there Ia some hope that New York begins 10 untler-
atAnd her true lntcrcHt; thc iurat tilnoAc between
cheap tolls or tho loss Of the vast trade OF the
West. from this shcsc IL no escape. The Jouyn0i
saya:
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nc railroads lxvc Ennc y telr carrssltt ro,ncti.
censnrG1. tns haylN1 sntti atunG with So tlc ioss.
nnacs rs .rsnehdns sEu M 4mln csSd piTa.ir: q
ninI cc VI; r. ,n ih1 tn tItes & 0cem & Hasa 70 t,o
probable lMs fur Tic tsra Ycsr f.Lt hs 70 iesn ns.
Mentet quarter or Third MeAhN'tit, that which
the 6f1tc has lust III cuc why II ak Ns.r In Rnutlct,
lnH cHcar fhlt8 n tnb enial Mil l1l1fuadA together
uASE tiG rTush &A{lOn GuANSM,
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4All0AH WIT NEFt Hoi LLT4 u tNE AhQlt Gil&NLly
roettFel at the Atlantic rort Hut frnm that lnto The
H[nFoFlloH ~ ltcra* EEaaAu3 N1FhnEeH until ny AME.