, 1877-09-07
FINANCE AND TRADE.
A Dull Day In Flnances...ciear-
tngs SO, ,6oo,o 600.
Progress Of tho Treasury Townrtl
Spccic-rnymcnts.
The Produce Markets 1r egnlar, but
ktronger-.-Wheat Closes Easier.
Lard and Heats tcstine Up, will Small stotks~
Visible SIMPLY Of Whtst and Corn.
FINANCIAL.


FINANCIAL.
There WAS nothing tn excite especial attention In
the transaction. Of the day in financial c'Fc>cf.
More or c.. cunntry paper for rtdteount IL re-
ceiscl evcsy daJ by ltc btnks. The supply OF no.
ra,ahlc rapcr from elty customers IN OILY nodeF.
mir. nut,ness hn1nng the Wholesale merchants anh
manufacturers T. znoa and soTtr*f,At ahead OF the
rra+on Judged by the experience of tho Inst two or
thrrc years.
Hate. Of discount wcrc sfelo pet cent At The
tnnke IL regular customers. Concessions arc made
Oh cstt lnans ami 10 unte'c borrowers.
The orders for currency were not AboTe the n.
etng.
New York exchange was arm between banks ut
par,
rhc c1ca,nss were 81, ron. 0c0.
THE bERT STATEMENT.
The progress made In A.t;nst by the Treasury In
itA rsrnaraIions Tor rrrhmrttnn iA shown by the
last debt statement 10 have ftcfn considerable
Legal .srn 'ers to the hmonnt pf s. fic. ;s07. 30
have l,ecn redeemed, the staso Of com T., be nsed
In redemption lnttca~1l iron, s:ft. 06o. 900 to
ST.. .nnD. Dan. and the amount Of fccal-tcaders on
hand has Increased hy 81, leo. ECO. In tho sAsnc
time. The price Of gold decreased from lDase on
aug. !. TO t0aE Sept. l. The national slcht Itself
Gccrra'cs} q: 500. ':tS snrfnr the month. In tho
i,.nc and retirement ct EatiGnal TANK circulation
the Wc-t anl South arc readily losing. nnd the
New ENGLAND states gaining. as tho report II tho
Cnmrttncr Of the Currency published heretofore
rhnw-. The New York Tribune, IN commenting on
tl.r b,'nrin, nf the Treasury pulley Tho buhlnraa
Of tho New yn'k hankt, and through them on thc
fnancial condition Ut the wAole country, remarks:
The hank statement Of Saturday shows that the
1c:al-tcnurI. were r;duecd 70 s,s 1:o. COO. a do
*now only 81, +nl "uo larger than II was ns tls
datr IN 1:3.' i've weeks hclote the nants. Part of
tn" n1tanw may have hecn due to The disturbance
al T!ea:r, hut tho sa1r of volh wtthdfaws another
Inlii"n, ami lca'rs the banks only $. !oe. 900
conpit I at stsin ,oe, not mo,e, nd yet e t taa
rtcri;H' Mt Western Do'ts tront AM: 10 AnG
t se: e she: ss eorre.ponatss sssnts 1asy 11ny
la.: ycae Tue movement mar perhaps be
4: a.o An i s ssRsS, sst %s
y"a,crs W eoci",es tnst al We.tesn Earope i aeo
obliged ,r:cfy to inetca.e ts exports, and that mo
hi=h prices IN ENGLAND viii continue. and usobaoly
4 h:.s III M s
exports ~l, hrIp to deprr~a the premium on gold.
and 10 mike !te p,scYse.' taw.si rssnsnn.on more
@ would u" III .e sS se si
dneulsy, sn ts:t more severely tho ability Of tho
@ q pfsre r e. %ss q
trnf6c.
THE DEBT OF 0Eono1A-
4 citizen Ut tieoegta written 10 tho New York
Journal af ConnttFrt a communication which ID
scen IT the alleged reputation pt part Of the debt
OF Georgia. HGeoralA " n.atnta;ns that ''no law.
full honest otliEat'o Of tho Slate OF Georgia BY
whnH,rocrer mhdo in her behalf has been ditowned
or repudlated. . :. The Slate Of Georgia haa
honrsa. met and discharged In Hfod faith every
Obligation which was lawfully imposed upnn hss,
whethot she derived The benefit OF the samo OF
whether 1t was plaudcrcd from hvr BY tho un1aw-
ful sets OF hes lawful agents." Tha bonds
Of which payment has been scfuset-ths
g. 900. ooo nj per ccat currency honda Issued BY
Gov. Bullock under tho pretended Authority Of m
act Of Ang. 81, 1S70-wctu not only not authorized
By that ACT but wcrs prohibited by 4 subsequent
act, and were sfsnod bv tho Treasurer of tho
Stale, Is all valid bonus must be. Tho public wcra
warned by the prctA of Georgia aud By thu Stats
Government through their agent IN Ncw York that
the bonds reFe icsnk With rrgnrd 10 anothsr
batch Ut bondt nf 1910 and 1911 Of which payment
has been fefnecd It Is said that It ~ absolutely
KNOW" that these !dentlca' beuds were paid by
Cirwp y Co.
rHH MANIPULATION OF srocKB.
In Its ananela' c"lumns, the New York Mfratd
describes ths monuments Of tho stock market for
NonlaJ. 1t says:
Eh!Io tho hnlls hare beca innculaicd wilb tho
fica that Lake Shoro must Gu 70 and Central and
1luts0n to l"u bcfoEo lhe end Of tbs year. tho
bears arc pr"nc 10 regard tho cnaFac Of the market
moons, u. rontrary to natnre-turnns tho wrong
why, ana committing The same .n,cGlsm that ncn.
boi,lr ngalnst tbs true caurre OF the sun Tho in.
psnytst1t In thr tust hour was particularly marked
tnet favorable inflammation as to ths grain crop
Affected thc.fornc!, aud sumo smart lying br Mr..
krenet brokers helped to advance Iha lattcr.
Tlctu were no changes 0f importance to liz ru-
marked in the price OF money IN can and moth
Ing, In fact, IN the st"ck market beynnd TITO snd-
den 1rnrt In Tho a5ItrHhBn.
The New York 7nnts says, Ia lta description Of
the stock market:
Tho, indie ,t'"ns arc abuadaas thai lhe
ns Ise "' na,o a "a, at IT. one y"t Of e9n1ae.se
brA with Wy belief that sooner " Salte tas ron.
siettnn Nill Tree !iSoSt upnn thu uuts!da pn4e.
VIM Al prc*cnt after tho experience Of thr pn1t
tn,css IN ntoeks l!at tho county la. made now
sh.t y prove ea"'inss dless sa % Is
aaoslon FIAT III" a!,srstur. who hold tacss Views
ornament among these beiaR Tho rcpoets from vii
Htetu ~ th. Country In regard ~ lilo Improve.
mcnt Ia hursass,. ,hr sestainss u large demand
and tha steady dsctina In lbs fo:l utsmiaa,. '"'
JAPANESE FINANCES.
The JdpantsS CH2stfs makes a statement Of Tho
condition Of japanese finances, which do not seem
~ bs a1oFishlay. Thu Fersnns OF the country IL
::!ss = l:'!.s H:s g: s;:..: e. .e!a 4
tho smoani sf III. So, u9o yon. dotd aal
fa e"ua', sn usss So cs u liz
rfccioas n*tAs IL chuckcd II would seem 10 10 hui
question II a few il Lara ttno whsu none will bs
lett. The lame snd fure1Fn debt Il ]4H tkIo, 0tA
yen. though thIs amount ta Increased by cassair
lteus to : vrsnd total Of I'M, ttIU. COO yen, u
so!3hi, tNl In, tnltcd States monoy. Tk'
a"s ' - Il. s.,ic'ssha.s. SsHa 'A' Of h.;saa
hanks. thr bank .nutcs ~ thu various ku ans
kcn n1" amounting 10 i, 8.n k4s0 yen. The lar:s
drbt ts = souf1c Vt trOuu, nud ttn pEosppet Of In
cItsacI asues uf paper nonay threatens 10 YEea.l,
aud u thG embarrassment GMats which The country
n"w lalsort fifleuN h4t,unAl hanks, each lss4tna
paper money, have already been established bt
Gn'eFnmcRt aushnrity. and new feature Of thcll
regulations IL ta Ihe effect that coin r4uIya!Dnt In
r.Lac 10 tlac lank-nptss ia.asd need n0& 10 pro.
.4sd: The Jupaa Gatstt; from wIsea VIC quote.
thinks II % sasJ to Dpen bank upon s1ch bas '.
RIll L. n,nrh concerned abuat tAe 1ulbcr OF binls
hIrj, F.a., ,j,I hal 81.