, 1877-10-27
FINANCE AND TRAE.
Discounts Dacreasing-.Country Cur
renoy Movement Slow.
An Indignant English Editor on Eric-.-
Currency In Tho Treasury.
The Produce Markets Irrsgnlar--.Hogs
FiEmsr.--Fro7tsiona Dull
and staady.
Spot Corn and Oats Scarce and Stronger
Wheat Easier---Barley Weak.
FINANCIAL.

H4Gdk AAblUESSsAAl1p3 V18hs
FINANCIAL.
Burinct. WAS luit In nll departments Of finance.
Discount Inot hnrdly maintain themselves at their
usual level, md the snrplea Of now rnrer arc not
tuNlc!cnt 10 absnrh the fnntla that ara Idle. Tho
eompialnls about collection ara loud AMI xcnetAl.
Tfndc has A'ackcnel to such an extunt that str5
lttIu hrst-elarp commercial paper in offered tho
banks. aomo demand for accommodation ID tI.
rcrionccd from those ~hn arc d!scount3ng their own
paper The Country banks nre mt ~ liberal In
their applications for rcdscuuntt t!cy hav1 been,
and the aAn,c AnInnenlo movement ts 10 be seen
In their orders for currency. New York exchange
was firm hclween banks at pardD25c per q, 900
premium. Tic ciearinrs we're 81. l00 600.
AN ENGLISH vl.* or TIE ERIE ROAD.
Itaadnh World, fkf. \.
The upward movement IN the securities OF The
Eric i'niiroad Company aesms 70 hn,s ri's,iy IN
II: for. though Tho common rsuck has bean lillc
few dnys. aud thht II suse rgn shat confidence IN
.ha future Of the line Is extending. " simply
f"s not heen m paid ,,pon thc Jonis oug bafets nov:
Garro,e: tss t h.. ben ,eek'c.:ly, :aaaotsreI;
ti,ssna tho New York Ceairal' Tic next time liz
eharehoIdcrs nre chilled together one or other of
lion, instcnd Of shutting thr'r cyca and opcuinv
their mouths md swnllowing everything tha! the
mans.rrs nf the ,meetsnY nave pferaftA octofe-
hanm ..a rs m ~ a, +ox VT ~ ,o =. Il .n,ns, uus
in thc hands Of irwcit 4 Go: It will mover nay a
rinc'c 4Arencc to the English propretor,. There
nrr two fact. which cannot be ton clearly kept III
nfs,. !. n xnrk ~ snns Kin ~ .sccm"s,r"rt
Inv lhn Iine t,cn. SIckst NINA vcd 10 tmTt, unt
FIX and t'nuld. hnt wt1ethcr he Will he equally
.ncrc'afn IN his nlleEed operations ngntnst JeWrtt
, W. nr's H. IT, c"t, 1.a KIN ts @ ~. ~
stt"osy n instcneSca now .. H. ri'k a";i "Sala
party were few yrnrs agp It rccmr al.n psobh.
bic ttlnl IN one way or nihct. rren!nle effort Will
n gc s,n,s nn ~ r naee II ~ ~ .nurp h... onr.
more. it mutt pront largely BY ihe rood business
This fal1. Int Will the pruccnIs 70 min lhc Conn
pany't c1Ghe4'lef; os 10 awa!o"ea up N nll sort:
.tn2x ~ WITH % iii f. En,wm n,,iv IL W.snise.
:Jeweti' "'' ~
NAr,oSAtenAsK CIRCULATION,
The Comptroller Of the Currency dcnIes the
statement attributed to him that The The National.
Rank circulation wtli bs Increased four or five
millions of dollars this month. liz As.crts Tint
The amount to be Issued this month will not cxceed
two millions Of dollara. Last month there was
takcn out about Il, $50 600. md in November he
calculates that there will be about e., ooo, 600
taken out. This IL not mpre than IL 10
be expected fn Tho aggregate In tho fall
months, when tho crops hayo to he moyod, The
Comptroller declares that nj! tho talk carly In tho
runu1cr OF retiring Rrscnbacka through, cxtaoniI.
narY Is,uca OF Nal,nnal- Jank notes rcstotl upon
Inst tha basls: that he expected large demand in
the fall and he told eomu Ut tho bnak I'resI,)ents
tuat he Wished they would let him know In tho
summer how tnnch they wanted In the fat, 70 ho
cunld gct the notes ready; or rnthcr that he wished
they would lake ont tho notes thoy wanted ~ soon
A. they conld. lie said there was no combination:
no limiting At any combination. lie expected to
nut cut good deal This fall and ho wanted u prt
IL oa bIs hands. lie raid further tbat ho wa. M,
putting uut any more than ho oxnected. md ttnt
t.
crop months.
uURnsycY IN ruH TpEAKunr.
In tho oI1,cs] statement Of tho cn,rcncv fnn,,u i,
tho Treasury on Oct. II, It apuca aecfthnt AZ NV
Gs1 of t;overnmont funis were rc.tirv IN Hattono,
nank lcpon!tpr1as. 1t va. ou,ta orocrnIlv .~n-
lp-cd that this sum represented currency Tint hui
been dcpo.ilcd by the Secretary of TIN Trca.n,v
with tho banks 10 keep tho loan market eosv. Ths
cxpfauaon Is row authorItatfv.1v o,ran th., ttaxo
deposits Are only the ordinary collection. of lnt.r,
nal revenue uf,core u1acod for am ynnierr. ~ A.
po.ltory banks In isrcut pn,t4 of tho country md
always subject 10 the draft Of tho Treasury. Thla
arrangement 1,an been In eYtstcnce several war.
THE srnAuua Rsr.rn
The creditors Of tho rrcnt hnnk,unt bo,.,at
4 " Spraruu 4 To, nrc vary much dI..,t,.sa,
with thc administration OF Inn c.t,tc nv th ,fr.
tre. zacbadah Chafrec. Enorta nro hoi,r ,,aI. -,
trcuru tho co.oneratou NJ .uotctcat nu,m,,ss ~
thr rrclto,. Ia anual viii ,onn -. ~
cr.. ~ lin cuur.. fnr rofI.r ri. ,hf,a tN.'.,S
mcula NJ int.,c,t bnyr hccv viii o"t ~ ss-'.,
thu, n,e DUE ind Tho crciltors nre cnt,,,x IN ,bn
dirk liz 10 The management of ths nronartv ..htc,.
really belongs TO lhcm. At finn inns 81 snsn,nston
lie ursc.s VI tho nru wcre stated At SlD Ifs ~
md thci, liabilities Ut 91t, 47jli3 IL I'M nrc..
ru iItur Inn iIah1IJftrs in rfnn,3 rur,ho,s -,
-. I'M NV, "' " "" A"A'pe's' Az
SS.auV. WV.
rhs c.,, 1.rnn,jc,, ,tJt.,, ,.,.,
how mining stock property IN watercd: .Thc
shares IN tue Silver I'LL were ordered To In ,au,Ict1
over year a9p but lilo edlct was not carried into
rtfrct unitt tic 1ulh instant Just prior to tic
ttsuu uf sht nuN Hiock d nav rnmnarv xyta tpro,