The New York herald. [volume] (New York [N.Y.]) 1840-1920, 1865-07-30
Total 81, 2o7 a29 5000 4e3 3os7i74 1894, 7o2
The shipments of flour ana grain from Chicago from

The Chicago republican Of Wednesday remarks:-
The excitement which has prevailed in the produce
markets during the past lew days has CAUSED gradual
Increase la the demand for money and both yesterday
and to-day the leading discount houses have dono large
business For legitimate business purposes the market
Is well suppled-n fact tasy-and call loans are nego-
tated in instances at eight per cent The current
Of interest, however IL per cent. Where HE
bankers arc making advances Il spectators de
gins required There no alteration TO note IN OK
change rates and the market is steady with moderate
demand
The Boston Tarelter OF Friday observes:--
Tho money market is quito easy for loans on call, but
rather harder on time, beyond few days Although
the taking Of tho thirty loan has not produced
srngency yet the fear Is entertained that good deal
money Is wanied by the Treasury Department
there may possibly before long be increased demand
which will advance the rates OF interest For this reason
the banks and capitalists prefer to keep their loose funds
within control TO DO able 10 take proper adyan-
tagc OF any change that may Tho ruling rate for
the best collateral loans on demand Is sl six per cent
ut tho banks and with capitalists Prime endorsed not
are being sold in the street at from vcn nine per
cent with moderate transactions In Stocks there Is but
little animation either for investment or for speculative
account
Tho Chicago Tribune Of e 27th inst thus refers TO the
crops:-
II s not TO be CONCEALED that much anxiety felt with
regard TO the fate Of tho crops Of the
heavy rains but thus far tie accounts more favora
bic than could have been expected Tho unfavorablo
weather to day rendered the produce market active and
buoyant Flour advanced sc. per barrol Wheat
excited, and prices advanced &c spring and loc
winter grades Corn arm and active. Oats ruled
steady. Rye firm. Barley advanced &c. per bushei
High winos advanced lc per gallon. PROVISIONS were
The money market today was unusually brisk and
close Owing to the eager demand for grain, particularly
wheat the inquiry for currency particularly active
and the banks Ia Numerous instances had rejet good
naifi6s on account OF the supply running short. This
apparent TO ono or two hanks in ,he eary part OF
York The ralt u discount, however, remains un.
changed at 10 per cent per annnm at the banks and
~ per cent per month on tho street
Eastern exchange is weak and dull at e 1Io dis
count buying and par 10 Ito premium selling Tho
market has at present downward tendency on account
OF the scarcity Of currency.
The work on the east end OF the Hoosick tunnel Ia
progressing the OF sixteen feet per day. This
terprise which commenced nftccn years sso,
la likely 10 be accomplished II tho Massachusetts, Logis-
ature will continue itstd TO tho undertaking.
The Lawrence Railroad and transportation Company
OF Pennsylvania and Ohio have been consolidated Their
road Is to extend from Newcastle Youngstown, open.
ing through route from Youngstown to Pittsburg.
Tho Baltimore and Ohio Railroad Company, which oh
taned charter for road from Washington city the
Point Of Rocks has competent force Of engineers ut
work in making the actual survey for the road pre-
iminary survey having been made some time since and
IL probable before the closes the road will lie
well under way. The rote will be from Point of Rocks
passing between sugar Loaf Mountain and the Potomac
thence south Of the base Of Pars Ridge point cast of
Rockville and down the valley OF the Sligo the District
OF Columbia line.
The insurance companies Of Wisconsin and all insur
companies doing business in than State have u &C.
cordance with law passed The last session OF Le
Legislature deposited with the treasurer aggregate Of
ss7i 900 Wisconsin state bonds to secure their Gus
toners against loss by failure.
Tho annual meeting Of the Old Colony and Newport,
Hallway Company held onihe 9Th inst The repor,
Of the directors showed THAI the receipts Of the company
ior transportation for passengers were $685. 1ss for
NJ q9y
Xeta. }s2l,5<k Ietal sAu,psss, sIas.ssA Mel earn.