, 1877-05-04
No Change in the Local Loan
Market...Clearings,
$5,2oo,oOO.
Proxies for the Rock Island Election-..
Legal Tenders in the Treasury.
The Produce Markets Moderately Steady,
With Fair Volume of Business.
Wheat and Oats Stronger---Pro-
visions In Light Demand.
An Unusually Good Inquiry for Wheat
by Millers.
FINANCIAL.

The demand for hank accommodations remains
1!u,Ited and tho situation Ia ali departments Of
duanccs II 1ulct. The Board oi TEndo settlements
havo been made for Tho month, and thc Increase Of
counter tsaasuctions cauted BY them Will now din.
arpcAr for another thirty days. Tho mercantile
customers Of tho banks have not much need Of
assistance from the tanEs. and ooE comparatively
small amount OF their pnpcr. There ID some do
n,and from country banks for scl!stnunts. There
daArurp!us Of loanablo funds and outsdo borrowers
Of the trst class can make good terms for them
selvce.
Isstes Of discount vero sGh10 per cent at the
banks to regular cuet1mcrs. On tho street, ratcs
are nomnalIy tho rame.
New York exchange was weaker, and was quoted
between banks at parft50c per 81, 000 premium.
This elcarinCs wcto O., 200. 600.
OUTSTANDING LE0A1rTENDkRs IN TIE TREAS
unf VAULTS.
.Scro JoFk Frlbkie.
It does not eccm to be generally understood, md.
in fact, was recently denied BY one OF the most
careful 6naucfal writer's, tlat the Government 1as
nctually on hand about s84. COO, coo in legal
tenders. The abatement on Saturday showed On
hand. 81 special deposit for currency Certificates,
$41. 4o0, 0u0 ahd currency balance Of IS, 100,
G75 in which tho deposit for redemption Of frac.
t!onat currency Ia included. making $50 ala, o75
y lesa.tenaers owned M .y thc sleMyes1ment. M Bnt
es tssggon Ss9 d s': noe. Il 1 % SnH
f H.: IS ':ssSo';a s 's; :!
ssss ss4ssp':e ri: - .ssu. IS eog in g: g.
601 In iceal-tendera not owned by tlse Treasury,
q s;. ii ds3ss sSsss ~ 4 r. isSsissa
xsa. Va sst'ate Sas seoas 81. II { o Il
the lcgAl-tenders have becn ln4t OF dertroJed, no
hands o tss eeope |, ah"at s;sts q CO.,
molernte withdrawal, especially If msde mainly Of
notes Of tho smaller denominations, wonla have
Harkcd eject In preparing tho way for specie re-
sumption.
TIE DEPRECIATION IN STOCKS.
Between tho date Of tho now coal combination
and April Fl, tho stocks Of tho coal companies
lost, In market vaiuc, s15, G0H D44. These atocka
had already lost so3 o08 5s sinco tho sat auas.ae
OF 1915. Since the frat quarter OF 1870, the pinp
principal trunk Inca had lost In ms,kst vAtus, IN
10 April s. $123, 100. AID. This new agreement a.
70 rates did not strengthen tho stocks the whole.
II was followed by depreciation Of 311, 7aD, 4l3
in the enso og tho four grcnt roads, wh!fo tho Lake
Shore. Alehgnn Central. Illinois Central, c., c.,
G. d T., and Ohio Mississippi gained 50, g4a 0o4.
In tho thrco wceka ending April 81, Tho Rock lsl.
and deprecated 81, BA3, 1oG; the Fort Nayne.
81, 1856, tut; tho U. II. H., Of Erw Jersey, s..
ssf, toa; Northwestern. preferred, so, 41O, 600;
comnon, g. 4o1, ,7ss; Panama. s., 400. coo:
Cleveland Pittbnrg. y. Ia. 373; Chicago, Dur
lington l. Quincy, e7hS, DAD; Chic ago & Alton,
$coa DIS; 81. LouIs, 1ron Mountain d Southern,
$6o3, 1u5; Union l'seidc, 8551, 175; 81. Paul,
$481, c.d; preferred, $444, ,g40; Hannibal 4 St.
Joseph, preferred. $s4S, oo1; st. l.. X G. 4 n,
$e4o, 900; Hannibal St. Joseph. $ea0, 1D9; to.
tai Of 81, 11D, Ito.
DHlTiaH COMMERCE.,
Tha exports Of Great britain for tho qnnrtes
ending March u show an increase IN quantities
but fatllng.oH In yalucs. Tho following showa
the number OF yards Of cloth exported during tho
first quarter Of 1875, 1870. and 1877: