, 1873-07-11
MONEY AND COMMERCE
MONETARY.

THURSDAY EVENING. 1u,v 10,
DuBinoss ueen,el iullor tba, ,,snnl In tho local
mouov market to-day. Tho demand from orain
dealers. lumborn1en. md morclants ee,lnral1v
soen,s to have fa.lon or, and loanablo funds aro
accommodating III tho banks
Now York exchange was In demsnt at 26o por
1000 premium,
PROSPECTS, FOR ono1,a ANN purcra
Notwithstanding tho rccont a,orra tbo ,ro.
ya,tipg op,n}on ia t},at there Inn novor hoa, ,
mora fnyorahle uooaon for tnroo 1r;o,j -, +ho
prineipn1 crainn IN tbo 1poat nd Nor,,,,ro.t
fThe storms have In soct 1ono ~ i,.n,o,o N
crons oxcont II, auch t;r,;to nj no,,hh,r,,o,1. =.
TO bayo M cone;1orah1o ofYoct o,,
tho penorol v;o,1 nm ,,ro.o,t
summor hoa ,nra for ham ,rat I'm t,nt -,
1860 ,vhon for . Tow r,,,,,a T., .,'o .r,,,, tI'a.a
waa m ,mnro,s,o., +,.t o.n,,o -ro1a H. s,,,,,o,,
'Thc barvoat novoyor ,,o,.o, ,ho 1oroo., -Ia,,,
nor ocro NJ what ovor ,,,,ow,, T.. t1,o Northgnat
rbe rran WA ~ nonr a.nrooo or,itv hoing
poft hut r. noor1v a1l r,ooo1 ;nuroat;on na NJ q
Tho roau)t uaa tint fro1n a m nor }nabo, nm
July IN 1eGo ,,,o mira ~ ,s,,oat ateadi,v ,lo.
clinod 10 1,94 in acnt,mbor ~ conta nor
hnsho1 IN Novomhor .n1 N ccnta m tbo last
tdav Of tl,o yoar Mnc,, ot Il waa so1d at inter-
.1ns,,oto lime. =. 1orv "a N cont. md oyon 70
conta ,,or hro,ol corr bowovor. was in,urol
1,v In 'rnt ,,ontnar and tho 1ooh NJ suniofont
hcot ~ r,non n on7 tno avorapc nr,co of 70oonts
lmabc1 VS. a,a.ancd nnt;l thu oioso o, tho year.
~; ~ o,,,r,a ,n,or.tood howovar that Elm
,r,co ~ ,r,ont nart;cn1nr1v In mt ooyorneil eu
t,re1v ,v the yIo1d in tho Northwest. but bv the
uu,rlv wh;c,, 1,nq,ond ran draw from nthor
aonrcna- In tl,;a rcapnct thora ia scarcoly q
wheat-growine country in tho world that has not
Tho orouroct ri mn ,nus,al1v 1nron cron this
vaar r. Ia ro,v wall urdorutnod t,,nt t,,o f7a1f
49, ns ... =. -,
1ornla crop ls ono OF tle nobt l1hPoilant lacsulo
in the problem Of future prices, because It Is the
,,,,,. ,.,,,n,,,,t .,. ,on,oo ~ ,,,n,, 1,or ,hn
ntose tnlpoi'AA' 'eto BULL" " n"pp'. -. Wv
year ending May 50, tlio exports OF Whcat from
San Frnncisro IN 1iurnno ynro In round figures
=" 80 nao ~. ro 10 n,n noo h-o,,.i. 49,,
.ooouooo .o'as', - ~ oes .''s'u'e ~ .ats1
A.,'oau1 ea1"' W w ~ W., ~, 11,;.~, nts.oa
VI "Aea' ito1a tno "t'4o o"''es ~'"'os
in either 1871 or 1877. Tho ehect OF
t,ltn eteat 1nctoAao ~ sno oapp,y ''s .,,a
California ID SHOWN by Inc lace tAat, WHO tue
entire exports OF wheat from tho United States
~ tne t"o.se niontA' o1tln6 Doo' -, 1o'A' vs.
33,190, 7G9 bushels, and for tho twelve montla
49,, s. ~ ~ ,e.,1. a-,;,s,x ~, 90
tosal eApoIt lol tlie e'9's "so""s onuin6 eeo so
1873, was 81 ass, Cog bushels.
nv ~ ..,n .,a.r,,, t,,. ,,,,4bs t,r +,o 1,,vsra
"' ~ 'an'' H."A'J 1o.A ''''sA' ~. w 'u'"oN
from San francisco to Liverpool, aud It 49, ttero-
fore to In nron,1gtl that Init littlo Of tho heayv
l,,.,. =. H. H.. -. ,...L So, O.,
~, , y. 49, s H. T..'".,-..,.a1
Hrauclsco n@'e eonio upon sne AlSeFpoo1 anaeAo1
yet.
Last ycars crop Of wheat in California Was
unprocedontcd, but the 1atest accounts from
+haro ,,cot, ttot tho oro,, ,n,r ho,u,, al
.,' aae,' .u1' s4o wy ~" o'''s 11A
WILL Do equal 10, II not IN eAoess o1. iast Sear.
Tho San Francisco Commercial Herald Of July
From ali sources Of information. now within reach,
this years crop Of wheat pro,,aes to 10 "a heavy al
that Of he past t4oye nontta, neccs.atsng tho SER
vices Of great amount Of tonnage With the probability
Of ngh fse Tsnnge Zen Is II eyeT r.
wete sna o VI" ,naoaeay ,,,4 maze r. tIs
ssonup,v more isositnn snw T to se,s wfoat of the
new cror and tloroby uegt tho views Of ehIppers.
Tha Stocl:tor r,,f}pncndon} of ,Tvno oa Inns tina
.o,,as;s, s,,:.a.;a' ~. ~" ..s,,s.. ' 'S ''~
1o!'o"lhe etllorial Oh Inc "heat crop:
tsnt as ,ha Tue p nf o. Hai @ H. IN n .ns n
oreat na Il W.. ost vnar raon trora,ina fr1,n, tia
City len miles on ocr Of tfso roas leading into Tho
country will line fields Of grain, and especially to
on tho Waterloo road informs rs tlata portion Of bis
efop already threshca' nas yeled from thlrty-hvo 10
{bn, an e toro n,nnr e a a. as
mated to yei from twelve 10 twenty bushels per aero,
and tho wheat on be falioed land il goncr-
ally good. farmer On The Mariposa road threshed a
Haekfthis Wesk from which ha only expected to get
about ,yo Hundred ln1e1s hSwoyer yielded hin
osrs sse"n o'aoe'7 or apou' 'es 0usaea
p'1 ~.s o.a...-,
VIC" u. 'I'e pIospscts ,or aII unusuni-
u hFee crop o. wneat IN tno NofthWess, IL seems
asogesher probable tnat sho eSportan,le ,s 1nrplus
S.ato snt u ,, III m e1gs ngm ss III 'nn % uneo
eIates VII W lalsaF [ snnn ~: eYer po19re sno"n.
- As lor tho u prces ~ oh.cago markot iron week
~ MeoA, tvy ala ~ 40 the WIN VI sno
Whams OF tnG hpoc'llatofs: Inoro is, however.
oee taet mortny o. hoao' w: slat at least thfee
nl tne n1ost po1sletohs specu4atora VINO nave ~
.ttu PanL 10" 5ots1a Iuec! euo T. oAtont ant n4oos
uAo1Poc5eu nuetuatoma IN tne local markers alo
pIactcaNY pusteu, ana tnoso ~no ale not,
seeln 20 1ahenlsh ioF INC sack OF oPpohenss
MtSolishy oi tnolr H.eel' 80 tnas Pflcos note arc
ny W ~ ~ iotuM tuo so''"' 'e'
ueAcS VI olHef alarhets lHah usuA9.
bo5ToN foSDs IN LONDON
Tho city OF DoBt6.l las successfully negotiatod
q large portion OF her loans Of mast Ycars AZ
well al regent onos in London hIessrs Harinp
Trothora 4 Co MI lnun n ar auroa1 ~ nlnca ti,o
hrrnt ,iatrct Ioon 81 mn m mn ~ MIN XIX sv Io,5nn
lNAts uln1AAsh 4oAns - t'Vo"ouu' uPot Inc Aonoou
market for torn OF twenty years, bearing peer
cent per annun interest SENT annually In gold III
London ut III por cent charging per cont COM
mission X per cent brohcrnge where incurred
atomns and Aiucnnut tn ha nii0vvoi yvon m u1nnnt