, 1877-04-27
ifs Hon. n1w Wright On tho Rights n Psllty.
Holders ID Surrender Values.
The Produce Markets Active and Again
Excited, but Generally Weak.
A Downward Turn in Hogs Provisions,
Wheat, Corn, and Oats
Rye and Barley Stronger
Flour in Good Demand,
FINANCIAL.

Vne Iull IN lhe epeculativO excitement on tho
Dossd Of TraJe has diminished The demand from
that quarter FOR loans With which to, meet margin
calls, and tho othcr Board Of Trado applications
arc light. The general monetary situation was
decidedly quteter than on The preceding dsy. Tbs
supply Of mercantile paporis not large, and the
miscellaneous demand for bank fayofs IL 1ikewfso
restricted. The loanable surplus ia accommodating
in excess Of tho use for II.
nAtos Of discount are 500 peE cont at; tho.
banks 10 regulnt customers. tho street, rates
arc nontna11y tho Same. with business light
Now York exchange. was sold between banks at
76c ner 81, coo premium.
The cleaf,ngs wers 50, 700, 600.
TIE VALUE OF. 1HH BONANZA MINES.
Tho san Fsancisco Chronicle, which Is unremlt.
ting in ia attacks On tho stocks Of the California
and Consolidated Virginia mtnes, qnotcs from the
satlmsta prepared for Commissioner Raymond by
the mining engineer, c. 4. LnckhRrlt, TO ahow
that tho latter valued this bonanza AZ 500, COO, 900
lc1s than Dr.. Lnderman. The Chronicle thinks
Luckhardtts estimate il TOO high. and calculates
that thcrs may 10 at tho outsids 81, 600, 900 Of
dividends In September. "With these fgutcs be-
fore him, Let any emo infect upon tho record Of oil
the other tonRnzas from Ophie To r}elcher, and.
after considering tbs prods obtained by those who
tnyeated IN these mines after they had paid divi-
dends fdw years, while the stock was, Of courso,
atll1 Unlisted. ho will peihaps understand why tho
Nevada Bank has money to Ioan ut per cent per
annum, and mining stocks for sale that pay mora
than pes cent per month interest,""
THE PENNSYLVANIA RAILROAD sTocKI
Philadelphia ledger,
During March 8, 712 shares moro wefo purchased
for tnesstmsnt than sold by investors, and In
April, up 10 the cl1t tho crcess was IA, t81, max
ing total az 21 1873 shatcs absorbed BY Investors
mora ihan weso sold out BY thcm. Friday md Sat
urday last wera the two most exciting dsys III
Tonnsylvanta Railroad stock. On Friday the nun.
Rnt x4off nn1t Skc
books OF tho Company show IA the result Of that
day that but; 3. 7G8 shares went to certificate, of
which q, J87 were taken b7 investors and bnt IT'D
BY brokers and - collateral the remaining ~ e34
Se!ng What ats termed gambling trensastlons. On
tsst bst 5, soa ehafss went Into int esrttas.ts. q
names Of brokers md collateral. tho remainder,
:,J. 52. being gambling t1anssetons With these
ss .sa q s s",ss Pss ,Ta % .n 9
need be deceived by stock quotations md tho re-
ported nnnbcr Of sales made, and thereby !'c in.
valuable than 1t WAS this t,me last year, OF thnn
the annual report. OF tho Company representa- It
to be.
RANK suPsRy1sIoN IN rKw.ronK
lNrse Iork Ertning FpIt.
There seem to be IN abundance Of wisnossea
ready to testify lhat the Banking Department, nn.
der Superintendent Ellis docs not supervise, and
II their charges sustained ho should soon be ro.
manded to private life. Ia ono senss thay have
been auRtalpsd already, for during hIa term OF Of
dec many hank failu1es have occurred, attended
with grfevous osNcs to rpoaItora who had received
no warning from tho oflecr whose duty It WAS sup
BE- - sp1,a ns f. Either the
BTATH BANKS or NEW roRK.
A comparison Of the last q1akter!y report made
BY tie stato l~nks ia ths City OF New York to tbs
banking Department. with the totals Of last quar-.
ter, shows TINT their assets hare decreAled $500 !.
cs}is, the heavy reduction Of 9S03 Goa being nAdo
upon tho specio account alone. Al tho anne time
thedeposits hAvs lncFeased nearly 81, O00, 600.
GOLD AND oKEhNnAcKB.
Qold wss 1o0h es1U7 In grsenbscks.
urscnbscka waro D4AGD3H ceuts ON tho lo.lns
In gold.