, 1877-09-12
4 New Impetus Given to the
Movement of Currency.
The Ireautc AarAeta frregaIar."ltgs EusIaat-'
rrorlsteas flrues and Hort ltetire.
Cess Doing In BreadstufFs, and the Ten
deuoy Downward-Larger Be-
ceipts Expected.
Stocks OF Grain In Store.


fresh imps.lse WAS e.ren to the movement Of
currency by the receipt Of 1hcral orders from tho
Interior. The nowly Harvested crops are pow faif.
1y beginning TO lie marketed, the farmers haftn1
had sufficient Tina 10 set the thFcshers we'll uHdcf
way. While a large part Of tho crop will. no
Doubt, hc held back in compliance with tho abnna-
ant nlvce the farmers have received to thht effect.
the proportion marketed out Of 10 iatEs product
will nwaant n a good deal. The effect of tho
heavy ordcss for currency wss seen In drop In the
pr!cs of New York exchange to shipping rates.
The uem.nL for loans Ia not especially active.
Hntea IN the street and aruong the banks mrs
gradually Developing tendency to greater Atfff-
ness. The supply OF negotiable paper IL Rowly
nugnlenttne, but In not yet equal 10 tls demand,
aud the lotn market Ia still good Ways from bclnc
klrinEent. Rates at the bankA art s<h 10 per cent
10 segnlar euutomcrs, with lower rates 10 outside
borrowers and on call lcans.
CotNii-HIlHnNEss IN WALL STREET.
In IT, description os tho New York stock maskct
sn Saturday, the Herald AAya:
Thu bulls were again In tha. market With thcff
warcs. vas the Iaac yesterday ausl tho day bc.
FORE mud while chant1nG their valucs were willing
IL part with them for The consideration Of tho eur
rrnt market price. To ohtatu thle. however, they
wrrc under 'ho necessity nf c'tAhlishfng = tenn
putlry Etuncas. fro, tlHr to lime by gepurcha-cF,
thua.h flstrcs were krpt rtcaty and III ton,c
rar, ten,1ai which rosa 10 vS IN she fsec of suc,,
cruuylIHg hlucks as an uninterrupted sHpply or
elIArc1 NJ enfn clSht0 hnfanCE0. VI cuttSe IN tue
iarr nfa generally t1Hc.<h market 1t required cun-
Hs,rtnblc tutiing npnn The lack anA much .cbfn
ru-lc" 10 keep thinxs looking festive. and re.
cnurse Ind IN fresh rtoscr about tho favorable
bneInesh prospects of iIc road. md the hAnGso.ne
Ggrca (say To E01, which wcre 10 be the reward
OF inrrtt IL the fortunate owners 1f shares, In
rpFie Of the rosy fniurc howerer, Il sppesfs that
nt lrn.t PORTION Ut the speculative fraternity arc
tcosor Bllt, for In tho afternoon tho supply over.
topped the demand and tho prices fell Oh.
i TIE uANKElts' CONVENTION.
Tho Danl:crs' Convention which meets In New
York o-dny will be the hst attended and most
tnlucnt!al body Of tho kind that haa yet met in
AthIs country. The Secretary Of The Association
Estates that three plans for tho resumption Of specie
,payucnts would md support among the manbara
OF tho Convention. Eecrntary Shcr1nan's plan
would ba supported By the bankcrs OF Duston aad
other large Eastern cities, whilo tho bankors Of
7;rw York would ba divided In regard 10 It. y
pisn Ia being prepared by numbcF Of Western.
Nav England, and Now York bankers for union
)! tho b.nka 10 take bonds enough to enable Sec-
retaEy Sherman ia resume. This plan was once
advocated ty Secretary Sherman. An oxelusfvefr
Western section Of tho Convention will be n favor
II n ppstpoaersnt Of thc aate Of spec!e payments.
GOLD AND GREEyHACKs.
Gold wa+ 10. Y"ttU:'ss IN Krncphatks.
Gscrubacxs wore s7..l .l0da cent? on tho doIlas
sa1H.