, 1870-10-21
MONETARY AND COMMERCIAL
MONETARY,

THURSDAY EvES1Sa, ock eo
'-WiIl there be large foreign 1euaud for
brealstuffa Immediately after the close OF
the war:" is an important question to tho
West which has larE, amount of bread
stutIs to sei!, and naturally wants to get the
highest price for them. Franco and prussi1
l,otl, usually produce Elnrc than thev con-
sumo, and furnish to England i portion Of
her annual supply. This will not bc the case
.u's Es1c eter esLaa or eaen y tbe
three mill,ore Of men Who have ceased 10 be
sLat il.oy had produced before. Many
psrsonA ;,n, in thu eoun'Fy a, ase, ,tm,as tnsEs1
cver, that the t1ersetatua attendant. upon the
war which las swept away the crops, fl.s also
taken nearly all othcr kinds OF property in
the eanlc so,~stion. The Frencll peo,.Fc, par
tieularly, arc too 1nurll impoverished to buy
very laige'y- In aud Ah9nt Paris alone. tso
millions OF people who depended nron theis
tl.i1s Wages for nnA-i:sencc. have been
without c,nrlny,ncat fur nearly tN o ruontus.
and tbst rtses Of people Throughout. France
will uutrirt to d large extent un something
et,eal~t than broad. lL,=it!es the1e il M
blockade of the French porte, and ileru IL no
rraecn Why brcadstuIfs may not 50 into
france now almost N well as after
the clcee OF tho war. sim auo:h her paint to
H.. enrsl:t rcd il the t:1;lr Of Wheat in En--
BIS, which has not come forwsnl during fhe
war, hut has been, and ir .ct. largely held by
-peculafors. The New York 1inms .luotcs
.rcm letter from Odessa. nnder date OF Sep-
:e.nl,cr 8, which RAYS that tho quantity OF ce-
1ealn slored 1t that point And awaiting the
cIQee Ut hcstihties il *'great beyond all pre-
ct.,eut," Ard thst the a.rnmu,a:ion is due o
tho on. rat,ous of English 1reen.s'ora, whe
llavc invested largely in tld anticipation Of =
81. .syn h.t,t-
reliable the Information quoted by ths Times
mat be it IL imposs'ibls to Say. hut there are
ftw general facts which should be con-
<it9cred in connection With Zach other
| England II the great consumer, and
| to lcr is sold the surplus OF the world Russia
I lsatsia her next mont important supply Gomez
usually from Frauce and Germany. For twt
months row the supplies from France and
| GERMANY have been cut OF, and for seve1a
7, asaar the usual supply from Russia has no
couie forward, and yet prices have uot I'D
:.c.ed 10 have Legitimate effect upon de
nam! and Supply in the fnture is anticipate:
il: /, G rriccs or Commodities long before tn
tyett takes rlite. The prospect Of dc:nlus
for Ust adstntIs in France and Getmsuy 4:
srau AZ the war clo=t~, il tho chtef els:ueu
in s,,etni,,irg prices now. Int survey OF Al
tle fscts -howe that. in this cage, il: is no
I
The money market continues % work close
The snls at say thst iheir supply Of loana'l
fUnt,s in lower than uenal. and thst any con
<itt1sl,le increase IN tue demand Tor accom-
mola,ion on the part Of tlseir customer
would make snouey. tight. The eonnt:S e.nk
continue tosc applicant, Tor ret''s.onu:s 70
considerable extent, indicating that in IL
ccu1t1y the disposition Is still to boEro
money and hold produce.
There seems TO be \ comparatively eett'
supply Of money in the open market than
he hanks, aud :irst-,la-s paper esn be ress!l
negotiated IN the street at III per cent p
month
: There /. no currency tsiug cent ont to II
gr,,n ard Pr luce districts; OF. the contrary,
good many OF the country ranks arc seniis
cEsEt rcv 10 this t~i:,t. and osdc-1r6 rem
. tsnces Of New York exchange.
Exchange WAS ssarce to-day There We
tr. CIR at par. hut tho usual sellers we're ?
offering snr. Al the conntet BANKERS sell
1-l0 r, erc,u,a and buy It lilo discount.
= Tic following quotations. for gold xn,! hc:1
!. to-day were received hy D7rEatt L March: