, 1877-11-02
FINANCE AND TRADE.
Moderate Demand for Bank Ac-
commodations.
Accumulation Of Gold in the
United States--.Trade
Dollars.
The Produce MARKETS. Less Active and
Generally Easier-.-Grain Fu-
lures Steady.
Heats In Better Demand..-Ot]le Pro-
visions Slov.--Frctghts Quiet
and Stronger.

Sis4uuS S0Vs~sF rGlEuk8 QulGL
and Stronger.
FINANCIAL.
Bnstntfs At the banks WAS anict. Tbs arp1fcA.
ttons Tor hank accommodation weEs not pressing.
Only moderate amount Of mercantile paper |.
hronEht to the hanks. and the quantity Of country
paper offered for red!acnnnt !e tlfmintshnR, Thd
lack Of opportunity tor the use os capital shown
By the increasing dtpoaltA Urlers from the cou,,.
try for currency have grown heavier in The last two
days. especially from tht whest regiont. New
York exchange was sold between banks al parl &c
per $1,000 premium. The clearings were s4 200,
00o. tho increase those oS the day before be.
ingt'u to the monthly settlements on the D oard
OF Trade.
SUBSIDIARY SILVER IN rns LATIN UNION.
We rcproduee iron, the Cincinnati Commercial
the following lsunslaion OF tho regulation Of ths
Latin Union with regard to subsldiary sllrcr:
The Subsidiary silver coins Of France, Hrigum,
.alnc between the ind,.iuuals of the State which
hns coined them, TO tho amount OF 50 trants per
The sthte which has put them Into circulation
shnl. receive item IRON her citizens without In
Limitation ~ 10 quAntlty.
shall rcccl,c .he subsidiary sIiser cps mnird mir b.
os Of several of the other stster 10 tho amount ii
1g E.st uIs9ss on, " ~ Ea'smsns; s,na. :, hound
individuals or from The Public Trcaaurscs OF Tho
otlrr states the Subsidiary ailver co,ss which it
hn' tut Int ctcnsto M nn f. Exchange Tho ,ae
avc-franc silver picccs. on condition that sHc eum
p5esentrd fo' such eac!angc shall not be css than
The Tfsasn!irs Of the Latin States can well
afford ~ 10 this, ~ there In prodt Of about por
cent In the Issue Of eubsldiarJ coins ur tokcns,
BRITISH LoANe.
In recent essay on the canses Of tho existing
WDfIi.yGf dprrra aim MP CINnu ,.e.n. -.
amounts OF capital contributed by Great I1rltaln to
the Development, real or nominal, Of orhcr couu.
tries. In the years 1897-1s73 Excluding tho
Chlcd States and Talker. the 1oana Of Great rtt-
nln embraced the following suns: Egypt. $780,.
600, 900: Chilli s.d, 80, 600; Peru. SEQ 600, 600:
Brazll. go ooo 900; Russia, s}75, 000. coo: HIM
gary, 2l10. doo. 0b0, "a total OF nearly 9,O pO0.
900. Adding 10 these advances the Sums lent to
the foreign states which formed tho subject OF
tho inquiry Of the 1fonac Of Commons Commit.
tee, Total Ia reached of nearly 81, 600, 600, +.
600. II ,s TO be Understood, OF cour.c, that
this sum represents the nominal par val.
uc OF bonds, many Ut which were sold
at d great discount and that tho net loans gc,o
mnftty na7de. not IN money, hut in goods on which
there WAS handsome profit to English merchants
and manufacturers. Hut with nll these deductions
the toes incurred by Great Hritnin In lbc cxplota-
tlon OF t'thcr countries has bern enormous, Nr.
HltIen tonchea valuable truth when he remarks
that snrls railroads and permanent works rs were
constructed with this capita, st!ll remain, and viii
asstst In TIM revival Of Industry.
THE ACCUMULATION or GOLD,
The 1orfa asks The 1'ureau of statIstics to sfste
gold and Hilser separately In it, report Of tho
spccc movement, 50 that 1t will bt roaatbtc 10 eI
how n,nc, o! thc cold prtduet Ia being retained IN
the country. Tie statistics OF tho specie move.
mens at Scw York. where most Of the bu,,pes. Ia
done, give seme Information On this point The
Ham I}.ta y4Pt,
the "ol noscmt MT ut tkat port for three yrafr for
tho ?rriod between Ian. and t'ct 20:
I'm. ] b o.. :ntam. ,ct.e
}h5ess:';Gst }%'@:: .S al 's$::.s :S$:.. s.s sS &c
Ne, ssport.. a. ia. ..a e.. ssl I'M f1N az 81
The l'nrcnH of statfstIca separated the gold and
silver items In Tho rc,nrt for the tca yepr ending
June 3o 1877. nn,f 80 revealed the fact that, a.
the Imports and exports Of gold for The twelve
1non'h. hal been abou: equal. mach being trIao
over s:d, oOt, 900. tho entire onlest: product had
been retained In the country.
TRADE DOLLARS.
The Halitfn and Chronicle Of San Fruuctsco |
agree III pronouncihG Director Ltndcrmana e3pjs. |
natioa Of hin order dIscontinnln9 tho coinage of
trade dollars to be unsatisfactory. They declare
the amount noasea Into circulation 10 bc oycr.tat.
Cd and the export dcn,tnl 10 DO unleEstated. The
ChroHtle has It from Wells, Fargo Co. thst only
California. 80 that whatcver amount Of tLen has |
rot Into cIrcnlas,on must hnve bcen supplied from
fhc Philadelphia Mint This turned ont 81, 37a,- |
GOO In July, Aupust. and September. Tho Chyon. |
ice Eays that the Directors order ls trick 10 an.
abis his banking friends to unload ther stock Of
coin Without eompsttton.
ENlaEn STATES BILLION rRopCc7.
The actual Yield Of Tho mIncs Of the racldc |
States and Territories 10 vosy difficult to ascertain.
Tbs reports Of lhs Mining commissonsr ara SAID |
by thu ButftA nf San FEanclRtO TO he largely made
up Of Newspaper scFaps, often from unreliable |
foafces, snd never condensed and arranged In q |
Snaps to make them OF any practical value. Ths |
N4'fftsn has Addressed notes OF inquiry to 6fty |
producing elal'ns, and received answcrs ifvm mir.
y'slx of them. These show a total pruluct Of |
silver gold, aud lead Of $:l1 0e3, TOO. Tho NaH<.
TN says It bellows the yield for 1870 ID less thau
USUALLY stated, and .hal It hnds this belief
strengthened by an examination Of tbe agures OF
which We hsye given tho totals.
PuLLMAN'a PALACE CAR COMPANY,
quarterly dividend Of q. % por al,aro from net
earnings has ttls day been declared by pultmsn.a
Palace Car Compsny, payable on snd alter Nav.
Is, to stockholders OF record At co<s OF busine.s
Nov. i.
TIE srocA xAuKkr.
The New York Timer Of Oes. 80 aays In lii Imam
r!aI column:
This majority. Of the rank and die Of Tho ,t,ee,
bread nf tile lHlulchs1 money power welded BY thv
lew prominent capitalists WIN control tho bull
clhlue nre naturally reluctant to On their con
'1ctiuns by selling shoft. HtGrles In ciycula
lun durgR the afternoon that revival 0f the cral
."hin2la"n was prolabie. but they could be Traced
!" n rtlls;.c source, and wsru doabtie4s put alo4t
|or speculative effect
WAsUEn AALKa.
The Indicator VI Oct 10 says:
The genuine Transactions Il tho Stock Exchange |
Tentcrdxy wuTe about If tWO &asres.
tbs transactions Ut tho Stuck Exchange yester- |
1ay NJ reported wsFs IL. tt0 shatra.
GOLD AND GRkENAACks. |
Gold was l02tl II lo.1 In grecpoacka
Gsscnbacks were 57Ayl07s cent? On the dollar
IN Koiu.
FoRAl0H EXCHANGE.
.., NftpL1ys. HgAt.