, 1877-08-08

Tho London I7snts Of ju'y - says In ta dnan-
c!al article:
The French and tho Dutch still aerrc In snstaia-
however, owing thcti.orsanzaslon q legitimate
,s in pt h tne 9teI entt sss
rustain credit on tho i'our.o. and bubhes may be
blown to m tnMenac size hcf"ts they harHt in
pnthle. nf the pc'p'e appcss to Be Rut.san, and
thry buy ont and out nll tho small bonds
tthey eai' lay thsls hand, hand; N. There =,
inna.. and 70 far 4 ha. succeeded, specuators
sf e @ sa TO pay ses,y s
n,urnng. hut rn.e again 10 10. Thu purchasca
which t,stain thrrc bonds hre. ~ VIC have already
hrc, tile per cents maturing next yras; nn1 tho
ARTIFICIAL Character Of hf Rise Is teen IN the fact
ta the per n ssn.. "t f sai and 1s1 b3t ;.,Hsa ~
Either these arc too much de!rccated ot thu per
cents arr much TOO dear at ~. fostacncte srt!p
seen .ia. on The fcbrou* attitude Of the working
men in America. French mt, Italian rentct are
sny slightly down. Argentine arc HeAkcE; Turk.
Ah continue alInott unth4ncod.
TRADE AHu nErNEUIATEn CURRENCY.
The Lfovi newspaper OF Peslh In an article trans
1ntcd by t4s New York Daily B"lltiln nr4lcs that
d direct connection cln b0 traced between the ftsn
i,d fall of the specie value OF deprecated paper
currency and The growth md decrea5u OF exports
and imports. The argument Ia carefully support.
~; md .hn,rfny Tint viii, . h1rh n.,mi,,-, NJ,
.,rr,, ,ha Au.,rl., rynor.s lnc,uc.c5 .h,I. .tth
n 1ov ono iw,,rt, ,ncrc,.ca Witi, a htr, ~
chan,,, t,,c dor,rstJc markc. 1. mn,. nf sn1i,r.
Win low ann m,rc NJ buvcr. The cnrrrsnnnd'
cnce Of tho figures cited by tho Llopd muAt
be regarded IN accidental. When the I'M.
ports anlf exports OF l,c United Stares aru con-.
phs"'i with the premium on gold during the ycars
mari. went I'm ~ ,bv premium wen, down. ond
th1, Tim c7cr.a nj u,uorts wn. rrrnteat whrn tl,a
nrcntuu VISA h...hc.t n Inn eninc,dcnr, ,ictnctaJ
Lx The L,oy,f Atwrcn Tho movements tf thn nr,x
MUM On suscc and OF trade uncoysrcd INV rrlncI-
,I,. III rp-+rcrv mr. tnmmerra a.. .h,r,1 h ,hfo
to rrrdIc similar rise and fall of importa apn cx
port. In tho United Statcs fra similar tipux
Of the premium, hut IN this country ,,,e results Of
given causca aEc the oppose Of wl,st tbey wero In
Aurtr!a The fact Is Tint statistics arc dangerous
premises fpr arguments The FratAtv kioyd Lus ID.
patcutly eonu altogether astfay.
the PASSED pEhHsYLyINtA ntvtnnxn,
Fears have been expressed that troubu mIrft 1,c
cuuscl In financial circle. in 9enu,ylynnla hv m;
ras-lnv Ut tho dividend OF Tho J'tnnxvlynn5n iond
trhu rulck of the 1unEa In na nl,,r ,to, o., ,,,ot
1uanh On non dividend. pairing sioeks, and III con.
sequence it was anticipated that some Of tlcn,
might throw cut tic stturcs held ny them ~ cUllat.
S4a'. - 'IhS '@a" 4[SA 4"'S IL oHJ FAuHl nO&AlHa
has been seen of II, and tho probability Ia that The
banks Ut Pennsylvania viii strain every uoint nos
s'e 10 rr"tcst 1her cuatomera frona the panic ant
loss Hat would follow any such actloh
FUKHEAs SETTLEMENT WITH THE CHARTER oAk
II ~ said th.t Furber received, ~ Considerable,
for relnqu!shiug his interest In the Charter Oak
The Sl.".'0. 600 af Connecticut Valley Hailroa,
bonda that figured 10 prominently In the Droalwa,
purchase, and the iron mine and furnaces ownc
tx I'm fbnp {.,Y r{-kA
was relic Ut tho Wa!sely management, and IL
one but fuEhsE-who has assumed to pay a Lease {
t"i, ooo year for lt-has thought Il worth any
thug. Tbs fatal rFeseHt value Ut every thing re
cc!scd by FnIter u estimated 1t SUI, 000 ~ $40,
700.
DEBT or new YORK. CIrY.
Since jan i there hns been IN increase in th
deb. ut New York City u $l3, UT, COZ. Tho lebl
exclusive Of Sinking Fund bonds, was &l4H. LOT,
G,,7 on Jan. i; on Ju1yl It was $lIl, 1e4, tl:Q
During these te.cu months $l7. Gl J43 W of cit
ttnck. and bonds have been tssuel. 4 part OF thea
j.,tirs, ttut huw much CpmntFOlee Kelly d,ee M