, 1877-07-14
Wheat and Corn il Better Demand-Both
Qaoted Shareholder Breadstuis
Firmer,
FINANCIAL.

tlaaA b0Fr0Wofb Wefc mane al per cent eua up
wards.
New York aschsngc VA, sold petween banks At
bod375c per II, QUO premium per 81. COO.
The tlcarIngs were g., 900, 900.
FAILURES Fon THE FIRST HALF or 1877.
Tho Mercantile Agency Of Il. @. Dan Co. has
ISSUED It's report Of failures int tbs hsst halt OF
1877. Tha number In the United states was
4. 740, hight increase ovcr the failures Of the
1rrt half of 1870, which wcro 600 The semi
annus, liabilities Of 1877 were, however. much
LET'S than those Of the samc time 10 1870, The
figures being $no, B00, III fof the former and
@los, AIS. 4cD for the tatier. The maintenance Of
The high rata Of bankruptcy and tho el1ghtnets Of
the Improvement In tiabltttcs shous plainly how
slow the process OF secnperAtfon 10 to bo. The
United States are not singular In this Rtata Of
Affair.", which prevails throughout the world.
There have boon algns Of an uumfstAkable chsngt
for tho better. The Increasing Imports OF th&a eoun
try and Of Great Britain may safely be taken to
that the lowest point OF the commercial depression
has heen passed. The enormous private, corporate,
municiIal, State, and national dehts form great
part Of the burden Tint Ia weighing The people
down. The circular Of tho Agency says on this
point:
uonal dcut compared With So. 900, 600 In 1S,l0
amounts 10 SO. 40u. 900 COO In IN that tho STATES
;ss ssSss: o 6 5 o . ta ,u "sstsR;' % @ g..
o0; tie llsconntn and ionns 0f National and othrr
>ants 10 another 81. 00 600, 900, and lie loans BY
sss; an ehsf Il ssup ps
Ing all thesr roughly together, thu Visible tnlcht.
fns. fm.s .Dss. wsss rs s a. s.s. b.
600. The cnrtons caa calculate how lar the inter.
CT on thia sun, II regularly pal., vonld absorb
.ouircs u 1ss II tha country. ~ Tae ca1csison which
the enrions arc hose Invited 70 make tends 70 the
Il Sss ssu 1 IL e''ss; Il q @ u;
@ sss .ulpla. pl cots"n ind grain crops 1s5 1somblaea
to an tndIs!uual businc man. the Inevitable re-
eult Q: such = growth Of mitigation. with such M
II oSs f. osF o s
country, this Development of !tA varied rcrourccs
economy. and tho steady application Of cunseryn-
employ nl tho fa.iiitIes tho last ten years haYu
cfcated and adjust thl. burden Of debt 70 that 1t
Gun bc carried and eventually repaid. Only Ia pso'
portion o. that period ts appr0acslcd may o nioto
healthy and prosperous condition ~ anticipated;
but the Immediate future rosscsae. no such hopes,
prottaSia % the drAt which has been accumuiatsd
with such fearful fnpdlty.
The prospects for The fail trade IL encouraging.
This bnslncss depends largely upon the condition
Of tic cro}s, and tho Agency has the same reports
from In correspondents A. TINS TRIBUNE has Al.
rcudy published. There is every promise In all
sections Of the country Of abundant harvest4. II.
q. Dun Co. sRyi
McantHps pa'ple must eat dtiak. mud wear, and
r. ths supply ot these nesessiss: certain s1tsnt
made unsais In sectfona Of country .alnly dapend.
ent on a;s'cultute. which includes ,hs Grcatw
1 s9r Ws M s
dln!cutT. Is, !hst the number cayagcd In trade
thus limited 20 fur In ezccss Of Il. extent that
y one which viii, Il j. snprotcd curc itelf. Tn.
lo,Itnna,sly , shs principal t,rocess y which thla
s.pess + ,ae ss 9sry
rare, The failure statistics arc, thcrcurt. likely
70 sloM continued tasIc uun,bcF OF casualties.
but IN thls Wow :nay be more signacan! ol hes!tl
sncenmb could bc kept out of busncss. and h. rro.
10 divide small trade among larxa nu "bcr, fa!i.
ures would nut be an uEmlxrd evil. lvt tho fncli-
itlcs which Wholesale merchants thcuaclvcs x1otl
fur eEcctng settlements ut 10 cents On tlG d01sar
and lees, and which the national bankrupt law IN.
courage. arc not lnfreQucntly MI cnectlv0 premium
time cures all and it il 10 ID hoped that Gustncss
sentiment nxa!nft oonpron1scn, md tD favur af nj
amended Bankrupt law Will DO gradnallr acvuiul,-
Cd. aud be effective toward rcluetying existing
evils.
AN EdGLIaH VIEW or AMERICAN HALFWAY 81
s;EHiT2Es.
In It's Issue dated .une jO the London Eronossse
haH m editorial On ''The Fall In American 11nil-
way and Other Stocks Vt Now York, "in which II
shuws that. disastrous aa hayo been The losses OF
ritl'h lnvestors In American railways, tho tosses
fnIlns upon tho 4ulct Investing classes ol lbs
United statos Themselves have been ten Or twensy
tin'cs mofu Iatnl In thirteen OF tho principal
lnca sho lal' lIom January, 1871 ~aA from 20 "a
90 per cent. Thrsc terrible losses tho penalty
ths people havo 10 pay fnF permitting "ctIqucs,
eo'"'ltees """ eot"ofs !" su'an,anaRa lhelf fs'l'
s"so anu o.ae1 Pao'c companies. ING eaecs Of
W." !nA"'pu'aNu" naa u1en ~ 'nfoN asetoaH ~
GAkaaa on =" Am'fleah eoapofa'o securities ta
p1eeh'., tno sat"u why '"e 'e'lo'e efasa
NAV !','o"ea ' 1"asons !s"seaa iaus1iof
ouak"s N,so" a,, 10'toaa fesa'es n" aafep"'t
" h"saho' tas nto@o1tH' p9sa'e's !nAt 'hes
@sa Va IL" teat 8es'Fs' "n't eeFe'"' Ec4QFMs hst
eH'etet. Ihe Accouuta of tao companies must bt
rec, 'a!t. sna 'foIarnh ana no discussed W ths
atocShoaees IN tae ANNUAL nseeHhxs' AutocFaut
etes'aehls anss 10 aoollaaeu. Hotasfs OF osetdut
coupons anu oohas mas' % gwen oy tne law
better gr'p On IN easo Of aesaalt aud
help 70 t4's' national trG'ssas'oh should oe Dc
4"e" " ss'ese s"eh cfsa'toEs o. tne eohntet o.
t"een 'ne 'o'eeioso1e 'sSs 0! 'ae d'uescht et4tss
BANK fA1i.UhR IN MISSOURI.
tbs Bank of ltko County, In Lnutsfana, Ito.
shut IT. doors on tho llth Inst The specalAtton
Of tho Cashier. A. h. WeiF With tho funds OF th
eAnk. AeIln$ over eN0 YeAfh Bnl consuming ff1<