, 1877-05-25
FINANCE AND TRADE.
The Loan Market Continues Quiet
--cfearings, S2,8oo,ooo. >.
Bogus Business on the New
York Stock Ex-
change.
Tho Produce Markets Stronger...Pr0.
visions Sscadler...Grain In
Good Demand.
An Active Demand for Wheat tc
Export to Europe.
FINANCIAL.


FINANCIAL.
Tho business Of Tho tny in financial Circles was
bat slightly more active than that Of tho preceding
day. The clchrtngn were little larger, but the
transactions In loans showed no increase. Tho
demand for 1oans was, "a before, confined mainly
70 tho regular customers Of tho banks. outside Of
The ordinary business channcts there la smu1l op.
rortuntty for tho profitable use of money, and
very little outside paper Is offered. Tho banks in
this state OF afAtra Ind t!Ionrc'ves unable 10
keep thcIr loauAbo funds fully employed.
hatca Of discount wcrc 80 10 per ccnt at tho
banks 10 regular customers. On tho slfoct, tho
usual variations on bank rites nro made.
New York exchange was sold between banks at
5odn75c per 81, 600 premium.
Tho clcaringa wcro s., 800. GOO.
BOGUS BUSINESS ON THE NEW YORK STOCK
EXCHANGE.
Tho New York Herald cn|lghscns thc incxpcrt-
enced public on tho rea substance Of tho Inflated
hgnres reported a. tho daily transactions Of tho
Nav York Stock E1chango. In its financial article
for Monday It says:
Tho 14e 600 shares dealt n to.day ers more fornta:
IL 6s; Fec 4 5 4 s0 s
S ns & ,as h, sh 1 II
i1,,S:'Sas,iisy Il fItss: S.s ,!. .eSa
q
" isss ss!t
H. y e1fs psnss Hhsn r. , T. ise & IT,
ns II te eeFen hala Va. easa q toSay "a
III d .se
s u = skes has !. s.
,tEong. At ttme' wrak and 1t ttmes nothing In pastou-
THE nEruNp1so AND TIE nEsuMpTIoN OF srR-
Gle PAYMENTS.
N<u FORK Erentag Ihss. ..
We hear II estimated tint OF tho s1o5, 900, 900
Az pos cent bonds taken by the Syndicate. $780,
COO U0O have been for this market; AMI that Of tho
$780, 600, 600 52os called In, s1.5, 900, eco havo
COMO or arc to come from Europe. OF tbs coupon
4.f per cents sold In Europe, about ST. 500. 900
have returned hero In addition to 81, 600, 600 to
600 900 sent back for conversion into registsr.
cd bonds and for sao 10 Institutions wishing long
and perfectly safe bond. As noted yesterday, tho
Syndicate cstin,ate that tho lnrgcr part OF tho
AHdy's" or new '05s nrc In this country. while
other bankers estimato that the larger part Is
held In Europe. Time will determine which IL
rig ht II moro Of Tho per cent caltc1 bonds como
fs1ln Europe than ihc amount Of ~ rcfeont bonds
sold there, tho rcen1tnH difference must 10 paid to
ehanHs IN gold, ii, howeysr. tie o por eonts
eold sod hare. the exchanged viii not 10 affect.
ed Or IT the 5.o0s called in arc held here and tho
tho fa'ultinE b,lanee would 10 in favor of this
dosa not aecsn 10 DO Clearly un'crstood how. when
az nnr cent honds - 1nnss ~ g6iJ n - Aas.;his
81 sush saies not on1y Is retatd, but 70 aesaaiy
block the way to. TtensnEy resumption In 1B7p
TNR CONSOLIDATED VIRGINIA DIVIDEND.
The San Francisco Chronicle figures ont thai tho
dividend Inst declared by the Consolidated Viz
gIna was not fa!rIy earned. The tohtl pfoluct fos
tho month only s02, ol3 In excess Of tho d!vi-
oon ,..sIn1 N" ,,no aana nnn .har, ~ s.sn., =.
5tm,,..a n" .a".s .s.Is =. ~. 40 nnn -. ~
..,,S,,s.a -. -, aT 80 NJ nss | .eas
H. tan1.,"ah 49, n,@, .as,aa% no nnn .n on
- ~ sxnsan"o 1.as tha ans ~ M ~. son'
sa,s.t.d vts1tn,c s1I r.,Itasat. ~. s.a
anccd .lrcoay s0a n0o. Tf,o Wills ~. whoi. H..
no1.n an Crnvn Paint md nc,rhcr v,c,dc, mi,
SsH nj. IA rho v,.d. NJ con.otaotrd V,rs,nts
nra In. d,onnod from Al 6o tor n March 1n7G
" so1 ~ I,.t ,,,r,h srJ ". ,o.t ~ ,,.nS,ntia,
h., nt,ysnccf, f,om Sos, ~ tn s3s. a., i'm
Tup yn.uc7s1 a,T,,r,ow w nosrov
c,at,s, !. "rcnrrn,.,In1 ~ 1,n.,a- ooS ,,o. ~.
In ths BANKS. Thsro IN lItt,e or nd enl for II in
nrt,n.r hn.n... :. ha,a heS, ~, ~, nrs..1 ~ -
,snt ssrr,tt.s tor .cxc,n, r""sons ~ r. !. ,n,en,t
s.,t ..,.s,' 49,. se,s W.. | aueu''
estt.t,.a :. sson, 49, ~ ..,n.. - -, 80 ~
s1saha a..,.ito. 49,. 800 s.s.,nS ~ ~. ~ ~.
d.,,,nt mi tha. .1o,5 ~ = -, < ~. .srt ,xI.h
tnn o.n.ns., .hot non ~ hs.o..a.
.a.,r. .nssa ."",.,..s. III ~ n.ar,,. M ms
w. .st.sst.s. ""' ANA A'''"'' Aa0 oo''
w mta h.r ,or ,ss na,r, - ,,.t. -, ~ min, ,,..
1noary i aot xotnE To- bs II Gettsr derand bsfors
ynx o aa .sn r. .as .l eseomS 2!e .etlxs' ~
ssntaea q ae impPoT r. III pssysence q ,nis
Of thclr money f0F ths present. even II they cannot
uss ;. wv! p.en.*"S' .-.--.-- ...,.-.
sAa fHaac'sco AlaiHo AsshssaENrs FOR NAY.
1nat ouEocas 70 stoeSho!aefs, &ho mining a.
ns hs'
sl.Ms. oeo Among @ .as % assessment. !: ono % the %
IT, .oetes.. n Th,. mine 'srsa w.s .o.
Ing in March, 1870, 1t .he rste Of 80 900. 600, bnt
II now worth but $1A0, 600.
uup,,rr,o>, ~ ,.,r~n.a~. 10. .,,..,.-.
aooeAlVN W l81EA8sF oA bkfoslIas
Tho Third Nnt4QNHl ltuk Of NAx York ned O nav
4 ro- rant ints,,st nv doro.ts. h,. t.........Ixt
po' esnt Nens* VIA uupSAtpt but Aas euGeces!Eey
reduced this to pey cent and 10 1A DAf can't II now
.un,,,,n. th.t ~ i. ~ ..... 80, 4. 1T,
nuuon"Nos -. w ana NEE 1uho " WIZ pay pat
per cent lnterc8t On dep0tlts. In LpuQCp tho
hsnta that IN ,on1 ttrs. .,n.w ,hn ....... t.t...t
'0~. - 6s~@ s*..'s e"o" WV kAttSas sAAeLcst
On dnp0s1A hAyo laItef1y locltnOd to p8y any nj
all The CbIeapn hhnks hn.a rna. tc 80. rnjrn
.A' ~1eo ue"A" n@So Mauo 'a1&u sSune"
nm ian IA Ani& &ftn