, 1877-01-30
FINANCE AND TRADE.
Falling.off in the Business OF the
Loan Market.
Discount Lines Running Down..
The Clcarings R3,OOO,OOO.
The Produts Markets frregular.+.Pra1isions Less
lttire, and Close Stronger.
Breadstufs Tame-Wheat md Corn Weak
-Highwines Active.

Breadstuffs Tame--Wheat and Corn Weak
-Highwines Active.
FINANCIAL.
Thero was lIttle doing In financial circles. Tie
aurply Of psror IL light. Tho demand from the
Hoard Of Trade has becn satisfied, and banks that
did not tako advantage Of It find that there Is lltto
usc for their funds This Ii alrays quiet season
Of the yenr. Mercantile business is aimlscds nnd
new enterprises are not launched Till later.
Rates Ut discount wcrn 8Gllo pcs cent a. tho
banks to regular customers. On tho street, rates
vcre 8 per cent md upward.
New York exchange was sold between banks At
5o0eoc per 81. 600 premium.
The clcarlngs were 81, 00O. 600.
; ROCKFORD AND THE FOURTH ILLINOIS coEdREs-
AloNAL DISTRICT FROM L FINANCIAL POINT OF
VIEW.
Epecfdl Correspondence Qf The Tribune
RocRronp, ILL.,, Jan. 27-Thnso who doubt tho
importance Of Rockford financially may not be
aware that tho total Of her National Banks
excerd that Of most other ctlcs In the State.
rcoEla the central zran market Of the State, With
80, coo Inhabitants, ngarcs UP her National Dank
resources At -. OIL, fi5.70, or about 5000. 600
more than Rockford, which Is 81. lBJ, 0s5. VI.
Quincy, with 30, 600 Inhabitants, IL nearly S00o,-
600 less than Rockford, OF s1,Oa0. 7s2.47; Al.on
marc than 5000, ooU less, 81, OH, GEO. "A; Rock
Island. with Its United statcs Arsenal
and Moline, With tts manAfactories, combined,
hava National Bank resources Of 81, 10, :'Da 49,
mott 800. 900 more than this city; Dlvnn aud
0alcna combined Il bat 81, Go7, 7oS. 80; Dloom.
ington with her boast OF %, 0Uo population, md
Galcsburg with hos colleges, lack $3.50, 900 Of CON.
. Ing mp 10 Rockford, the aggregate RESOURCES Of
tho two clties hctug 81. s13, 87os3. The unltcI
RESOURCES Of fA.in, Frccport, and Rochelle lust
manage to reach those Of Rockford, amounting In
all to 81, 6B1 900 "a. The total amount Of r,oney
on deposit In tho Fourth DI.t1ct-whch boasta Ef-
teen hanks-ls $1,Di7, 1G7. Of. Half this entire
amount ia in the Rockford National Danka. The
loans and discount. Of tho Fourth Dis.
'srlct amount to so,s14, 2oJ. ~ tic loans
and diecount Of Rockford nrn s1,Osd, 5B0. 62,
Since the law Of 1874 authorizing bnnks TO with.
draw their clrcn1asng notes, less than g. 417
have been Withdrawn. In November, 1873, the
bank notes outstanding In the district amounted 10
81, 0os. s47; last Ucsobcr 1t only footed up 10
ss14, $50. From thaso figures It will bo scon that
Rockford and tho Fourth District Gourlshcs, both
politically and financially spcaking.
INDUSTRIAL rNospkCTs IN NEW ENGLAND.
The Hoston Commercial Duiitttn Of jan 81 ftatcs
that thcrc has been great nctea'c In the last Two
woeks In tho number Of new manufacturing enter.
Pslses reported and IN tho announcements Of re-.
sumption by manufacturers that had partially or
wholly Suspended work. 1t says: "our contact
with the manufacturer Of Now England ls an Init.
r1atc one, and We know wc speak !Ac minds Of
many OF tho most Intelligent nnd entesprisiny Of
them, when We say that thcro In q growing antIcl-
patton OF better hnsncas during the coming sea-
son than for two or three ysnEs."
DEPRECIATION or s1o1, II, 900 III THE MINES
or TIE coMsrocK LODE.
Tho depression In tho San Fraacisco mining.
stock market eliminated On Monday, tho 18th
inst., on which date ycritab1e p.nlc prevailed,
-s+zt+ cnk 4 -.
mtaoa on that date was 358, III. 400, a duprocIa-
tion Of sl0 oo7, 400 In the fortnight since Dec. 10.
Hut this Ii Atgh& compared With tho total lcpsr-
citation exhibited by comparing The PRICES Of Tho
1bsh Of this mouth with tho highest prccs In 1870,
thoec Of March &. Tho aggregate value OF the 10.
ta,ehares Of this twenty-fous principal mlncs on
tho co,nstock Iodo on March O, 1870, was
SLID. 0l2, 700; IN tho 18th Inst. 1t was
only &5s, 4a4, 400. This il a depreciation
Of sl:1. 1cs. 900, or nearly 10 per cent The do.
probation In California md Consolidated Virginia
was 500, QUO, GOO, or 90 per cent Those two
ulncs however, recovered Ia dyo daro SIG, D:i0 600
II tho dcclno. Tho case Of tho Bullion Hxchequcr.
md Justice mines Ia almost Of aunIhilAtun.
In March, 1876, theEr 3U5, 600 sharcs wesc worth
}l3, o70 600; on the 18th inst, ouly Sc, 03, 00o-
ahElnlfng Of $l1, 012, 900, or about 81 per cent
Ophlr, Mexican, Unou Consolidated. and slerru
Nevada hpre lost $13, 174 600 cut OF ST, bo0 oOo
OF ucns1y 30 por cent.
PROPOSED NEW us0RY LAW IN NEW ronK.
number oe the leading business men and bank
CTS osNew York arc urging on the LcRI.lature OF
that State the passage ol tho following law In p1pce
Of tho a1is&lng provlaona In regard to uaury:
skc. l. The rate Of interest upon Tho ipan O. for.
@ eSaue e sn{ g e9s: o. Isa, y
ssssr sh.t 1a,s for & sreater or c4a snm. Or Tor
dse :ks j. fses" IL oasy. saos e. tss u Il
g. na xy
y soess sss M
sa y :iEeR ef tsssslysa ths u
. ksr aS q = rrsssus
s ssse III '.
IL" XII other Inv, gu tho ,uoec. o, ,,ur, or
,sSS,'!1E ay H. Trim
eachanse tafn anu cllrek. ssS hGtuOy Repealed.
Bus1HK5s SlDNs IN EUROPE.
Some reccut Items Ut financial ne W. measutes thu
prevalence In Europa Of ths depression that has
afflicted this country. Tho reyenuo suturus OF
Gtcat BEtta'n for la7u Bhow for The lAst quarter
falling Oh Of e4a5, 600. and ths year IL likely 10
end With su,Dil delcIt. The Clearing House Of
London has doMe this yeat 81, l0, u.5 600 OF bRs-
ucss, failing Oh Of Sslls, BUS, 600, OF ILL per
cent. The profits Of seven Of thr principal io!nt.
stock banks, as published Ia tho Ecoap,ntsf, have
been only 1o1s pr cent IN 1870, agaunt II, ~ per
cent In 1874. in france. L'Iadustrle states there
has been about % securities a depreciation Of
SIS, 135, 400, and tho new fssues on tho Paris
bouua have amounted to SILT, co., COO capital
agninst SIT, GOO, 900 In 1878.
COUNTERFEIT MAI.Y-DoLLAAs.
W. E. Dubois, AaeaycF United statcs Mint,
writes to the Philadelphia North Aneriean that
"thess pieces are besinnin. 10 show themselves,
though not in alarming quantities."
GOLD AND unBENHAcKs.
Gold naa 1o5h @ lo5S iu greenbacks.
Grespbscks we're DI,1GoD17a eunt4 IN tho dollar
in gold.
FOREIGN EXCHANGE.
. 5igAt. 6tzty days
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