, 1877-03-30
FINANCE AND TRADE.
Slight Increaee in the Demand from
The Board Of Trade for
Loans,
Few York Taxation OF Dank Surpius.s.
Depression Of Mining Stocks.
The Produces Markets Active and Irregular
Provisions and Hogs Stronger.
Sftadstuts Weaker, Cnler Pra,pstls ef Fine
Watdtr.~erala Closes Firm.


M2thtrs-eraA C[0se1 klfms
FINANCIAL.
The approach Of the 1tt Of tho month brings with
1t the usual nquires from, the Board Of Trade for
foans with which 10 make the monthly settlements.
This demand Is not large, and tho prospect IL that
the loauAhlt Of the banks will be Increased
rather than diminished by the transncltnns on tho
lHtv ~hsn large amount Of nonrd Of Trade paper
VIII he paid up. The mercantile demand for loans
Is light and 70 il that from othcr rot.sccp, and
there arc not ret visible dnY ngns Of improvement.
Rates Of discount are 500 per cenl At the hanks
to rcgalsr enasomerf. On the street rates nre un-
Changed and business Ia qntet
New York exchange wss sotd between banks al
R5dasoe per 81, 900.
This eaesrinxa were g., 500. coo.
NEW roRR TAXATION or nANK SURPLUS.
The Entcd States Supreme Court. In the Of
the 1allatfn National Bank agalnAt tie Tax Com.
rotsssonere OF New York. has nphcd tho latter In
their assessment Of bank surplus for taxation This
bank has boen tefeHtt4l. III auccefeun fore csery
eonrt Into which It could tako la caau. Tho court
fnJa TINT tho reserve fund Ia properly included In
the taxable valuation Of bank. for II IL Us much
part Of lhs property OF The bank - II Il had rc-
n,aincd - p&Ft Of the specie bills discounted or
other funds Of Tho bank undlsiingulshad from tho
general mass.
The feminine stock spectators Of San Francisco
<do not patronlze the Woman's Mining DurcnA
enough to nsakc II successful. Its rtcsdcnt, Mrs
Kellogg, said to be an amt Of the prlna donna of
that name, explains the unden!nh]o failure Of tho
won'an's board to be the result OF the Inability Of
women TO trust each other fully. The manln for
stock speculation Is not aubsding, according 10
San Francisco correspondent Every one Ii in
atocks-cashollc pristts. evangelical clee9ymen,-
acting under cover Of their wives, ,-dcacons, doc-
torf. lawyers. shop.gt.lt. ecrvsnts Of every gradc
actresses, nnd society ladirs.
THE PUBLIC HoLptNa ALooF FROM MINro
STOCKS.
Mining stocks received another latten{ng io-day
in tho ubtcncc Of orders from tho general public.
Shares nra evidently getting into fewer hands, and
the nGmber Of fsuzen.1ut holders Ia daily cnl1rg-
ing. When the shrinking process Will cease IL en-.
ttrcly matter Of conjecture or course nny favora-
bic dasoJopment we'll authenticated, would holm
the musket. Int tho great fact still remains that
manY operators have been cleaned unt, and otheta
hive lost much that they fear to nlake further
rcnt'lrah unless On good grounds of revival Of
actlsits. which nothing but bona lide developments
can permanently establish. Compared with ths
rntes yesterday noon. Best + Ie,cher lec1lnad n,
Chollsr- -potoai and California each -, Aipha, Con.
folldatcl Virginia. Gould s Curry, Mexican, anl
Hplr each $l.n0. Hu,Isou, justfce, kontnck. Over.
nun, and Yellow Jacket cnCh 81. All othee kind.
were the fracttanh! part Of adollar on -Saa Fron.
e1sea nuiiefin, .Harch 20.
NAN FRANCISCO HkNcuANrs'. rnorEcT1vx AS
sOEIAT1oN.
The membership Of tha San Francisco Mcy-
chantH' Protective Association numbers 1Hl hrms.
An meeting hold on the ed lnst tho following
were chosen Directors: A. r. Williams, liquors.
d. r. Lanes, groceries; A. p. Elfs1t, clothing; ".
W. Montague, stoves and metals; ucorgc II.
Nheaiun, provisions; Isaac Eeclt, boots untl
rhuss; Louis aaehs. dry goods. :
THE NEW JERSEY MUTUAL
The President Ut tho New Jeshey Mutual was 1T
Ee'atcst acconnts stiti prsoner In Newark, u hu
had failed To obtain The So 000 bull de-.
nlnnded. lls counsel, Gen. Butler, sny.
tiiat Mr. Noycs has not 81, 400, 600 OF
Tho asaets OK Tbs New Jersey atnsnal. ~ Is
charged. but only S187, co., which ho took al &c.
curly IN rrlnsursng tha policy holdars OF tue New
Jcrrey Mutual In the National Capitol Life. Gen.
1lut1ef unsueccsffuy proposed hs compromise tu
thu State authorities that Nj. Noycs setnrn tho ".
curitca condition that hlk tosars tn ra!nsuEinx
:6c made up 10 him, md that hp be discharged on
Ills own rccoyizance. Of on greatly reduced ball.
This Stntc demands tho unconditional surrender Of
tthe 4stctA,
CHANCES III THE CURRENCY.
a New York exchange, referring 10 the
canccllution Of $1,000, 900 IN grccnbacka
made necessary by tho new bank circulation
cuIlcd for in tho last lhIcn wecka, recommends
Secretary sherman to order that tho gfcenbacks
rtc lrxxeninc ~ thc .nr,,ix ~ .rn,ii nn... III,
;,m,r,.h nm, ~ nm c,cn,tst r,,,,. ~ so.u,,,a w."
MA !, viii h ,.rrat ol.tsrl, ~ NV nm ~, ~ nsa
crnn,r"r ~ thn hn,t. ,cr .unc,a ' ~ 'Ae wv
.,,r ,,,.,n, ,.T,ov ~ ~ ~,
The hzuatHtca to the agreement for tho ltssolu.
~ n,o,nho,.h,,s - ~, ~" ~, ~ Jul ~
a....,s. ,,... w. :. a. W.. e""s1.otuh ~
rhan, ,sii, H.. ts.',,m,! -. ~. s,n,. sD.s no
o,si"st "''' w '''o'@" y" 'a' 'o'A pso1' II d
rprv ~, ,.,v ~ x,,,, ,x.r,.
r.. 80. .sAus :" 4,!!N 1i"1 !"au'AasE
.s ". w. y. ~ soo'utia1'oa '"r u1ea 1a'es
1'1'...,.s.,S ~ - ~ ~ Nv "'a,0uIo COMPANIES -
st,,n, s,'nn..t.' ~, ...S ~ ~ ~. A"p
.ta.s shsu :" ~" gu .Uss ~ 'n's e"u1ac'
thnn ,cs. .n.,,,,s a.sn,,.1na n,,. ~ sa'es
rnn..oI - r1's,.xs. .s..uS' Nv .ow ao1x
r,. - t. 41*s'es W" wv" 'ose noaFa