, 1877-06-20
FINANCE AND TRADE.
Shipments Of Currency to the
Wool Districts.
The Produce Markets Rather More Aot-
i've, and Most of Them Firmer.
Wheat aud Corn Strong..-llogs Steady
...Prorisfons Impreyings
Stocks Of Grain In gtora.--Lake
Treights Weak.
FINANCE AND TRADE.

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ffeights "eaA'
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Elm ANClAAs
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Tie nsuAl mosemcns OF currency ~ .h's season
to the wool raslhc dlttfele ms heeh IN ptos'es'
for snno days, aud IL equal In amount 10 me aver
age Of previous years. fhe shipments oF currency
TO the country for The movement OF e1sM ass hsnt,
md 80 is tut movement eastward o. pfoaaee anu
provi'ions Currency gees ohl!y 70 re" Iots 70
mako good balances TINT cannot oe allea VIII &c"
York exshAhgc- Il ..-
Ihe dens"nd iot Loans was quiet ~ ~ a,-
seesluha' eol'ect'ons are eompa'"ea VI IN
SOME Cases. hud notwiihStondihG eho large hmonn1
Of idlo capital deposits 70 some quarters arc t.a
t!ounry II not fctfogrcAsivc. oh &ne who'a t"o
loanahe means OF the banks are accama'atlne.
Rstes OF dtsronat arc e2plo per ccht ht tae oanks
torcguar cus1oh,css; on inc street Inc USUAL Vas'a
tions arc made on bank fatca.
New York exchange vas sold between hAnxs A.
h0sa75e per II. 600 premiH'n.
The e,eatings wcfc Ss''0o.oo0.
THE DEPRECIATION or SILVER
Supplement- 10 tho Paflsameathfy slsef ne-
port Of last year hhs 1net been laid before fAfla.
mens by the Foreign Secretary Of tho Ministry. lie
has received careful md elaborate reports from the
British Ministcss and Consuls IN foreign eounttcs,
except Austria and Turkey IN Europe, and
from Japan only In Asa. Thcto
records OF tho silver question down 10 tho cnd
Of 1870, and mAke book Of 113 pngca. It y
shown that In India ihero has been no further fall
in tho price OF slscft but that tho import tfade mas
fallen awAy In consequence OF tho previous aepfc-
e!asIon. Tbu export trade h&s increased. ahd oeen
very profitable. For the Gfst limo In history. 20
~ .ba M. IL s.is
uted to Tho fncs that tbo relative value Of tho
precious metals had not varied IN nda IN tdc same
proportion as elsewhere. The meeting Of the Con-
ns!sium' Switzerland, lsaly, and oresee. tl'at was
poncd on account Of tue unsettled condition Ut
The tnoncy market till tho end Of tho Jcar Til that
tn. il. member. sto restricted TO '''sss % coinage s;
Of onehalf hs quota al'ewso ~ ,o1 ~ as,o, wheh
would ,s Tho ~ s n.sa. oo Of new ws s
In. annc most 10 de,anuo tf,c piiye. market, 10
han uao uoa' - Dioss w.. ara"s, ndcrca,ern,oa ,be
amount Of silver guldep currency In circulation ~
ajso 10 lcr.cr degree, tia. Of tho s,nal tlalers
Tue sufpla: stose of 'l!ssr IN uermay - new eve g..
t,natsa b, the l's'h co"sul @ =. % ,susn at s.Go
three h.. a,en reeo oa. Of u,s sn DO out o
bullion IN ISL, S. U.s., zoo in is75, md ssl, 5DS,.
00o last rear. The legat-tender paper rn6le Is In
circulation to tho amount q 7;'o, ,ooo, 900
~ .ht.r.I ~ ~ II,Itsd at.t.,
~ L., ,. .1 -, 1a~n IL ,..,nu.d c,t,,n,,o. ,ro
"tso ~ ,ha nroanc,,o, -, u,,ver whieh Is not Ar.
t,.c,nS nx ~ plunLci,- En",,,h scero,nrv AZ IL.
r.,or - w..h,notcn to rc,c,, thc an no0 mn
sh,a ] vs,r .ntIenaisi hv mo,t NJ tin nnthori,iss.
nan r.sr 1un,.x yAv,uu AVN ,nnr.x ~.
nLncps.
TcIegraphic rcparn from india report Increasing
ease III tho money MARKERS os noinbAy ahI Ca!cat.
hayy M sbpmsn's Of Of si1eE # }rrm ue na1ons sn
iSrvc adJitIon to tho Government baluilcss With
tho Ireslency banks, whtc, had beon temporarily
Icdneed W tue heavy expenditure @ Incurred On &c.
" S,es nost nppornnrIv y, y,"w ~
tlo pfpposnl Of The Indian Government to ratso
durlag the current yeur loan In la.llA md which
tt VA ientga a. onc time woM!a 70 ~.
hnaucsi circles In india that some Of
thu Wcsithr mira ChtofA hive uireaiY
nprced 10 suDsctlho for about one cEosa Of rgreea
Il. 0oo, 0oo sterling, ot tlo new pef ccnt loan
~ @ "5 ,nx ~, ~ ~ r. hio ~ rufsc' ,Hs r.
cost Of tho fanian Ia inIla, no diaicuity viii bs
experienced fn currylng out tho proposals. inafo by
sr John sIaehsy ~ ~ fsssnt a'Mne;aI 'satcment
10 =, sts sa ~. ~ oY Y WV ~ III r9an t,sn u
tuu i.1 ths saia uf Couacil ifafts. Sublvlncd il
STATEMENT shuw,ng ths proportion Of the rpreu
Government dopt held BY naslTca of India on thu
aoth OF pesGsaoE. III euea o. t"c g Is ~ n
Ccnt: 1S7o 30 15 pcr cent: lb71. a ri pcr cent;
1H72 ~. ~ per cent; 1873, .5. ~ per cent; 1874,
%a.Ia Per cent; lSfot E4'aa per cent; Aoto' ~o'n
pel se"'' -
Thc*e ngnfes SNOW snht the investments o. M.
avo eapsa'sss4 IN sne Indian deos ate Increasing,
ana that the pohas they own arc nov mote 'hsn
quattoF o. ths "uolo dopL lnla TACT haA 'mpoftan
political bearings. loya''y 70 uofefnmeht II
likely 70 10 hshess among muse 70 Wnom " oHc'
The most
usot""Mtthas .,a "AA 1N -" aoHA.
1nc tspoFt W ''s ale''"susahee business u Ne0
IolA 9DF tn9 ytnF 47fo eAuWb 1aat the IuHty'Alu'
New York companies engaged lost ta3s, od0
.'id t.,1ora. N ,h.;. .,ocSho,I,rs sim, "a. ~,
pa1a a''asnu' @ ~ st os'ax tot .ha
purpose ther sufpiuS, when they haa my, AM
their capital when they had no s1rplna. This "a
stxto OF aIo,ra hns been brought ubout by the com
.,t,,o. t,.,,.a.o N. -o,n,.nI.~ t.. tr,t..,to1 -
peNuun os'nosA '"' s''"p@u'es' ~ '14''"''o"
tho railroad war.