, 1877-01-31
FINANCE AND. TRADE.
The Business Of the Banks Ex.
: hibit No Change.
New York Exchange Firm-.-Tllo
. Clcarings $2,BOO,OOO.
The Produce Markets Moderately Act.
ive-..Provisions Rather Weak.
Wheat, Corn, and Oats Firmer..-Barley
Dnll and LoNers


FINANCIAL.
There was not largo offering Of new paper At
thc BANKS. Some slight Enrfcasc wns experienced
In the supply Of mercantile paper, but not enough
tn Offset tbs d,mtnusion IN ,bn demand from the
Roasd Of Tr,de. This has naturally reached It'
mita, and with is subsidcncc the trspsact1ous IN
financial circles have become realsiced. The dis.
count lnes Of The hanke. however, remain "rll
hlTed, mad the situation Is firm. though quiet
Nates Of discount wers 8G11o per cent to regular
customers Of the banks. On tho street, rAfca were
8per cent and upwards.
New York exchange was firm, ut 601Goc per
II, 600 premium.
The cleartnes were 50, 500. 600.
FAILURES FbR sEvEN TEARS.
In It's lssttssne, ths Public make. soms valuable
additions 10 the recent report of the Nereahllle
Agency hbout the failures Of 1876 Ono cxplana.
ton EtscA Of tho increase In the number Of fall
urea reported each year Il worth noticing. II cor
reefs the mxapprchcnsIpn Tint |, Is due entirely 10
progressive deterioration Of business. Each asl.
nua1 report Of the Agency corcta fargss number
OF Arms than the preceding ono. Thus In 1870,
5S2 trms In The United States wert tesitetea;
while IN 1876 the number had Increased to G33+ 14j,
II bnslnefs had grown neither better tht.
Annukl enlargement Of The 6a1d at view would
have produced an apparent annual Increase In the
a''"oes " '"i!aFc'' "p''o1s'S, 3ae". tHe eoMp'E'
rom tna' "o nave a' oeeh making OF the business
Of different years on the basis of the sbrnute
nhmber Of failures In each hare been lest
although the general results may not have been
very Wide ug the truth. The only trnc guide 70 The
,..u, y. n.u' 'rn. "a, 'am W w. "aoto nN"ue'
49, 'sns tes's.e.eu; t"e ne,een.nc a.ehcy sa'e
s ,,.a,t :" epo't ~, 1a'o .o1 ine n14.
fgurea for the SIX preceding years. For the whole
county the proportion Of failures wnet In 1870,
10. ,cn 1s-. ~. o- ,nnn -. ~, -, oe't,'
"a, ~ ~, m. - - a. :" Iao' ~, ~ .n'.,
cs. s,.,.. w. ~ ~ -, no' ~ Neo.u"s ~ .n'sr
-. A".'s .ae 'A'I 'ssem ~ - se"ts -" Af''"se VI
ts.,.s r." o"s VI e, ao;ooo IN oa.'ness nafe
fs"s1,, ~. En.,s t,s,N W '.,N 'A'ueA
fo,,",o. ,a., vanrx,s .:.a w. .as nv no ~
.sS".. . ."t .nn, ~. n ~ ~. ao'uoo; "Au 'uF
1as,ss ~ 49,. 10 WV ~ a',e.'ean'
"a .,a.. ,,. ,,s.s ~. ~ ,.'.,. uss ,,.
M, 1trn..ot, uo,,tv ,n..n'rn,. rrssas,..
71t..nn+, o,a Ts,.as ~, ,no...,o, -. -, .,S ,i e
e,n s,ntc. 1,a hon Wv ,,mri, .r.,,ar ,,an IN No.
of tho ro.trtn s,.tc~ e.csnt mhn,a 1.,nn" ~ ~
p.,n.x,r,nt, a.. .,n,,t nro,aaa " ,,'1n'.. ~ ~
seysn yc.r. In. hcro onIy sf out ~ ca.h ~ non
a.rn. cn,n,I,., on,t T., ~. ,r,,,.. 80. .",a,,.1
M rror thc .a,Ia diI nm. riso shora IN, ~
.J.,.ov lin oro,, NJ ~. n.., ~, ,... ~. -", 80
a. M, n,,v IN r. Ii,;ao,. ~ .,.,. ~. . 49, iii s
fnva. tn,r. ~ T., ~ nnn IT,, ~ "as ~.
49,, ,annn.,.rt ,,sn, t.e,n IN 1 T., -, ,,,
7c-n l., un.t ~ ~. u,.,. ~. ..,. =. ,o-c ~
t,, - .'u'. =. ~ s N'e'"se y. 1o'v' !,
1890 ~ -. tsi,..s. , 9..,. ~. n .u'n' ~,
ss1 ~ ..s,s.ta ':a,,.," A"' "ee" 80 TO- Lo !"''
4no "p ,an .."l W INV oeen at,o'v
~. s-a ~ ~ ~ ' 81 ~. ~ ~. .'ap's''N' ,"'
ta. 49,. ."s "e". u. s''o '"sl se'," 'uasr m
~ w.. " ."u WIZ &, "usn uvhpaatn VII 'us oasSa
wv ". e, ~, ~. 4.u.ase .1pt,'es
toss 49,, "no ". ~ ~ t", wv m
sse ~, oo ~ ~ sfa' ~ dn wv
!" Ao'@' s.'' ~ '" 200 aNa -, ooo IN lo'o'
eolSAok oA SILVER DOLLARS
Cu1c,nn 1nn i'd "A prntutnnn, nurrr n a i..JJ,,
1ank, In parcr delivered In rAtter rutnl ctrrt. j,
s}yer n IL i tsntr. II not 1nci 5narsS i VI
whri nril;tl io tle rayMlrnt Of Go.crnnent tcn.a,
nni ask ii ior The puhi NJ W,,t 4, mysnlf i'm
AZ sFn1r ntt.,, ~.