The New York herald., 1879-09-07

The increase from January to August 30, 1879,
was 5.965.277 tons over same time last year.
The revival Of the American demand for British
ports continues to be of the principal themes of
all financial reviews and articles in London. The
Economist. discussing the question in connection
with the export of bullion points out that there
be no doubt that business is rapidly reviving in
America but that for the present it is not easy to
say whether the demand for British goods will
spring up in time to take the edge of the ex-
port OF bullion feature in the return of the Bank
Of France is the decline in its cash The
is selling gold coin at ono per mill premium for
export to London for the United States.
No returns OF these sales are published.
but it is estimated that the exports to Lon
don this week have been f120,000, and .
further sum Of f40oOOo will leave for the
United States by todays steamer. The gold shipped
from France for America since the purchases
menced this is estimated at f3. 900 900. The
Economist says:-"An accounts which reach
specting harvest operations well nigh throughout
Europe tend to prove that there will be increas-
ing demand for American wheat. In Southern
Russia and Roumania not more than half
age crop appears to have been secured. The pros
pect OF prolonged shipment of gold across the
Atlantic appears to be drawing near. though doubt
less it will be gradual and in measure recouped by
supplies OF gold drawn from the Continent. Further
sums OF American eagles have been shipped from
England for New York during the week. and gold
has been taken from the open market for the same
quarter but during the last few days the movement
has certainly slackened.'
The Economist of this week says:-s'The rate of
discount for bank bills sixty days to three months.
is Ia Ia per cent. aad for trade bills. sixty
days to three months, Ia per cent. The
Improvement in the weather has caused better
tendency on the Stock EXCHANGE MANY home
investments have been stimulated by hopes of re-
vival in the iron trade and return of in the
money market. Scotch railways exceptionally
lower on account Of unfavorabe dividend announce
ments. British government securities have risen
in consequence of the weather, and the in the
money mark has enabled the rise to be maintained.
Colonial government debentures have been quiet.
Foreign governments are frmer. the principal
feature being rise in South American upon the
successful placing of the Brazilian loan aud
hopes Of the mediation of the United States between
Peru and Chile. The revival in Argentines
has also reached quite exceptional proportions.
Bucnos Ayrcs six per cent loans have advanced
AZ and Argentines 81. Russians and Turks are
fairly steady. Egyptians are hrmer. upon tho ap-
pointment of Messrs. Barring and De Blignieres.
Home railways fairly sustained. Northeastern
have risen IA, the belief in genuine
revival in the iron trade. In American railways
business has been chiefly confined to Eries and
Reading Reading consolidated mortgage 2
higher, and Improvement bonds l. After various
fluctuations Anglo-American cable shares declined
a. Direct United States are y higher"
At the New York Mining Stock Exchange the bus-
ness was small. Leadville advanced to $50. while
Imperial declined to 40 and Independence to 2.05
Tho following the sales Of the day with tho
range OF prices:-