The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-09-15
[. S. AYRES & CO.,
Trade Palaca
indianapolis.
CENTAUR LINIMENTs
FINANCE AND BUSINESS.
GENERAL MARKET REVIEW.
MONEY MATTERS.

MoNBY MATTERS.
The money market in this city is less dull
Gran in the larger cities. The latter part o
Exst week IN Chicago showed a complete
S1zgnation of demand for money, and thu
.<s3nmercial wiseacres founder around with
rather poor success in attempts at explana-
Eiou- The clearings at the banks were only
zEL.ODt two-thirds what they were the CORE
sssoHding week last year. Yet the Tribune
continues bravely to whistle: There seems
- Seg good ground to anticipate iair if not
=E~ezy active fall trade. People have been
s7Ezczscing economy since the panic a year
zlsEa- Crops are all good. Since February
&srERers have been getting good prices for
rEheir corn and, till the shrinksge on wheat
sCO1nmeDciDg few weeks ago, good prices
zsr everything else. Outside of the city
-GSss people of the Northwest were never so
EEce from debt, and they never before had so
SuIIch ready money in their pockets.
The Inter-Ocea says: Money Is very
plenty in this market, and instead of grow
soI scSreer, as everybody has expected,
seems 20 be growing even more difficult to
loan than ever. We hear of loans made
within the past three days on collsterals at
- ner cent. per annum for six months, and at
- per cent. per Rnnum for sixty days, and
sslSne large amounts at even less figures
than these for the next thirty and forty
days.
COUNTERFEIT.
Agz.sntiOn has before been called to oOun-
SeTfeit which is being showed in this state.
Ats trail was struck first at Lafayette. The
Rerre Hsute Gazstte of last week next
sou nds the warning. 1t says: Quite large
utsnlber of notes on the Traders National
E2nk of Chicago of the denomination of So
same OF which are genuine and some of
which are counterfeit-are in circulation in
department called in all the bills on
Eda bank, of that denomination, for
the purpose OF re-issuing according TO
another design, the originals having |
been so successfully counterteited as TO
Hecessitate such a step for the safety of all |
the time, and yet there are those who are
lEOC ONLY taking the genuine, though forbid |
oeE1, bills, but the spurious as well. We
soGld again caution our readers against ac- |
ceptiDg bills on this bank of the denomina- |
tor o. *. Those who have them on hand
sSJ1sIld hand them in at once, or take them
20 some National bank. There is any
amount Of them on the town.
WHEAT MOVEMENT.
The New York Bulletin, of the 10th inst, |
notices a check in the wheat receipts: By
zs6erence to our exchanges, we find that for
ne pa.ss week, and in some cases for two
-xeeE1s past, there has been steady falling |
-r,fT 81 both seaboard and interior points of
the receipts; while, with the exception, per-
IEa0s, of the Pacific ports, the shipments nave
been rather on the increase. This TACT, taken
-nconnection with the light movementin cur
s,sucy TO the wheat-produciDg sections COM
vnRailTed of at all the western points of accu-
Is1ulafi on, indicates steady falling Oft IN
Ete az ailable supply both in store and in
transit between the interior and Europe.
The result of a continuance OF this state OF
nfaoB IN
sFo<luce such a "corner" in this market at
enc close of this month as has been seldom
II ever seen, unless the shorts should be
able to settle up their contracts before that
lime arrives.
DOMESTIC DRY GOODS.
The Journal of Commerce, Sept. III, says:
There has been an active jobbing trade dur
Sug the week, without excitement, but re-
suzItTn9 in the transfer, TO the channels of
distribution, of large amount of goods.
This has reduced the stock held by the job
hes-s. and enabled them TO realize on a large
aor1ion of the former purchases, but thus TAR
&c has not resulted in much demand from
sjbe arerts and commission merchants. To
replace broken assortments, and to fill up
zaDs In their stock, the jobbers have called
sra few goods, but not sufficient to create
any considerable movement from first
hands The result of this has been
20 depress prices. In some cases hold
.rs of plain cottons have made further
<px,eu concession, and we conform our quota
lions to this reduction. Others have held
their stock, nominally, at the old price, but
III bar-e.stood ready to meet the market
uposl offers from actual buyers. Prints have
also receded little, and in nearly all classes
nj e.,tton fabrics prices favor the buyer.
Woolens are not quotably lower, but broken
invoices. and all but the mos. desirable
STYLES have been placed at some concession.
III the country demand continues, the job
F.ers will have to replace their assortments,
and this will at once give more animation
md a firmer tone to the market. Thus far
che collections have been the most favorable
ssature of the business. The country mas not
- mn better for several years, in spite of
<I,o general complaint of the want OF circu-
Ezf,ou throughout the interior. There Is a
sy1od degree of confidence among dealers ana
hut few severe losses have been realized