, 1873-07-26
MONEY AND COMMERCE
MONETARY.

Juno u, 1875 anu juno TO- 1879, tl1o indiyidus
sloposiia woro not as largo at that ,lato of iii
year as. at tho corresponding time luat vonr hv
million dollars. This tllfforonco probably bol]
6oou comparing Jaiy OF thlh year mud last. Nor
oy IL, theroforc not 10 abundant tliB summer a
last
Now York exchange was firm today at 25c nc
= ,,s,s rs"1"ta+ .. -..-.-
ne" AND IMPORTANT DEMAND Fon THE BuRPLu
CORN OF THE WEST.
1t usually hnppous that just when tho pros
Th,. .ann,. Ill.,. Aoes su'5 oeem 70 improve
s, is neonh hhoiy 10 prove truo III tho case o
;sae price Tor corn. Tho Now York Journal o
commerce s authority for tho statomont thu
nothing fo, ta, veors h,a a,',aa,, Doo. anoh ~
ns tot .e1 years' has suddenly revived nt
rue WINCH bids fair to mnko domnnd for oil
khe great surplus Of corn iii tho West which botl
holdjno f3nrins tho 1ast ~. ..,. he' ~ @, oAon "
NJ t,;a aoo,.a - s"v A.. ~ nonsa'' Ano eaube
9 = eou.as snIa W ~ tho aeta OF oongress OF
.S"e y, !o'2, and March, 1873, by which the
hpoctal tax0H on hfglwines ,yoro abo1ishad
Since tho paaHaro n tba 1,t,os ~.
i372, and normttod L to heco,na ~ r tno aot OF
many Of tho large distillora ia ali narts ~ a.
alcohol haya beon innbinn a9r,nnd VI d6nMhnea f INTO
OF rowling tho export frado in a1cnho1 .1i,oI
was 30 i1nDortant an ;tom fron, 1aan W. Sac mnlen
weok ago, Mr. John s. Miller Of Sterlnp % IN thia
IN tbs uno Satea S1er atp of alcohol for export
of tho National Limo, for LfYerpoo Ta a1Ss nsyp. y
lars regarding tic maaufaesuro Of Of PI5So njeoSo
boar us out In to buaneas a5 m onc cnoap corn VII
al Europe and Cannda1 Ma r. ,s ~ @ WITH
ernment testing natr,,nont, y nas aaron tue Gov
hem wh thoso ~ G,!h aso h tbsra IN order ho
his visit. TAe,o a si1i IT, "a tno result Of
xono Of tho revenue jaWa ~ 1as9 9nJ ~, sinau
acme oxtent operntoe aoana+ u r. 1oo4:o "nlch to
Important export trado, VIZ: to tmnoatom u u aas
and 10-cent inspection Ia nno
ported This il jitto over pU on esory oafrel e1-
a man who nkoa Tnr oa Gono ~ gallon.
ssaF psys 1etwooa $1,000 and siS6s s'tone ts9 On
esRoTsS emporod 81 apte consodaton Of taxes in 1sa
every Farmern Grange IL the Woat eas o,,h 1hns and
ercse itg Influence III, ee Must on8htto e1-
bonhod tho no1s soson In orop rd n0yE {H,t tGse t
ap0I 81 81 aeehol may be revived and thus bo tho tho
does not now paT for takinr ~ = ~ tne corn which
But oven In anito of e thoe ~ ~ W nsskot.
nranco above mentioned ths Nav noV1nInng VnnI[ mn,
;Sr Commerce claims Tint there has GIrcas arcaJy
alcohol from that nort ar;t}; ~ tae exports OF
.{weckp and that 1--WE orc .a,n mtsaa tno last low
The City Of Now York obowr " kaoahInot1In6 ohn 16 from
saEcoAol month" This is important nowr o.,ets tsheg
the ontiro oxporta Of oicool oartes f u more than
of tho Unitod Btntes fnr IT, tro'n al the ports
But curly in tho nroaont rear enr ~ two yoara lS71-2
thst there large forogn demand for oFdeos sIeos
garian aud German 1ist;1}ara iTsi ~ the Hun
by tho fact that in snitn nf tha int mas SHOWN
this country which wars q'o1olns nnt laMs of
Eepealed until last March, NV tho onoc.ua1,y aTnar{
'aymptoms Of reyiyiug. and tha se1nt sraa seowed
article for tho eirhf nonths en;. oaRotss ei tais
1872 wero &c., gallons against ig onlv yop s16 "a
But III March tbs INV 1ss for te entng Fob % 1872
alcohol lost ut geaMwh;r no aa .a1 On cargoes Of
or exporters Of alcohol to ain 4S !; !. necessary
ada III order to exnort Il ~ ,,n,IaP nrhI to Can
blo laws Of tic Domnon-was repealaa 1 .aFpba r5;a
thus far as above jndicotaa ~ |l.n Inc result,
ZOO barrels Der month Wbon - ene T. TAO OF about
that The warehouse export atanps tan aoand and
tnspoetlon y; esn teos only loft an aggregate tax
American d;pti,1e1n G uunt =, gallon against the
cast about them 10 renow w ioao tha; thoy began to
.rhoy found says tho Journal Of ron,ppot unports'
khe dstiera maio nretfu md to IN hungary,
aud undertook to s,np1v az 6pun uofn alcohol,
But thoy were mot Witt, tho 1otn,'ta customers.
tro competition In corn sGep aoohoi ana ,a Mon.
nude IIud Of ae6bo1 bD11 e; tno principal market
Bvored every purnoso Int M pU,asoos. Tas g. This an
the corn product. Tbo met "as ane as good as
best alcohol in tho world ia neo ;n a. shas thS
Buts Soon earn " isso 70 promise good re-
The Mediterranean " In, "o5o shlppod along
barrel was Slipped and to- av utopos sn tho @ hfat
ping to Europe ut tho ratio Of oon h"in ~ shp-
about 375 God nroof aaiIo,s " =, o,yoo nafrela, or
from tho bort Of Nav Ynr1. oi oinn a.cohol month
oBtoppod from Bhiprinp hv o,r a!ouu, Ganada is
The foreign demand is Far m and
lean SUPPLY. Tho nro,ah ;sna tIa.er enan the Amer
this state ~ ,hoI III seom to be that
d" Owing to the faiiure eonf1'te' ~ the ,,,.,,
France tic French viii roaro ;uu gtaRe crop IN
:ohol for curing thor vines ma tnr a.
10 Africn Cnnuacuo,ti Nnr w exploration | ,
sprung up between this countTv an NTnse.,,1 nas
and Harro We are shipping iareev to T~iaae
ansbg cargo to Constantinoplo. Z. @. Bowl 4
~. uAfe TccentIY HhiDIID1 t11rnn Iarvo ,,nno,1
oudH Of alcohol to iha 1stt 10y 9 .@lh9 vebsel- ,
lGretufOto ham tup,1;oJ H.. # f1st "41tt1 AAH :
hEt7SN