The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1874-09-29
FINANCE AND BUSINESS.
GENERAL MARKET REVIEW.
VI % MONEY MATTERS.


So far as this city is concerned, there is a
sharp demand for money, and the banks
have no trouble in placing all the funds
they can command either on short or long
time. The city corporation is borrower to
an extent sufficient to affect the volume of
loanable funds somewhat. Outside of the
demands for grain, stock and the hog trade
begin to be made, and the rates are pretty
sharp and advancing. In Chicago the Inter
Ocean still reports a great abundance of
money offered at nominally low rates of in
terest, and an unusually small demand
from the country for currency. indicating a
light movement of grain generally, but par
ticularly OF wheat. Prices of grain continue
as much dersnged as ever, wheat and corn
being within 12c. per bushel ofthe same price.
1t is very certain that among the farmers
money Is easy and plenty. 1t can not be
otherwise. Last year gave an exceptionally
heavy corn crop and the prices have all che
time been good and for the last two months
enormous 0rur faFr-v ffe.r
ihrT -coir q Z PACIFIC BULLION.
lg The Alta California of the 18th inst. says:
The receipt of bullion are fair in the city,
and the reports hence have been: srtrfa ~
New York, per railroad s7s,ssi IS sl,a2i,577 II
England, per steamer :.:..:;,.:, o 1889 81
Previously, per steamer. 7,issSS6 IS 7.SSs.I5S Il
Previously, per railroad sS25540 So l0,4527S7 80
Total since Jan. I 1891 ,543 n 20,O77 sos 50
The exports per rail this week embrace
$3.50, 900 coin and S., 400 gold bars. The coin
movement is connected with the fall of ster.
ling in New York. and indicates the growing
ing disposition here to operate in exchange
at very fine points. The mint is active, but.
the supply of gold bars is less and the price
a little higher this week.
i1 "a A GOOD PROSPECT. A-.ii4
The New York Tribune offers the follow
ing views: Grain, Hour, produce and pro-
visions have great deal to do with regu-
lating other trades, and as the various
products are turned into cash, SO will other
trades be either raised or depressed, accord
ing to the prices obtained. 90 The reports that
have been received by the Tribune report
ers from the various persons engaged in
she different branches of the trade,
show that that there is every appear
ance of q healthy prospect Tor the fall, al
though perhaps slow kind of trade. The ex-
port demand Is considered to be very good,
and during September the supply of wheat
&C this market will be large. The farmers
I'm the West are apparently inclined to hold
back the grain, perhaps with the hope of OBJ
tanning higher 7pricesi but it appears to be
the general opinion of those engaged in the
business that they win gain nothing by hold
ing back, and only be compelled to keep
store subject to all the various disasters with
out any corresponding advantage. The deal
ers think that the cash in hand win be far
more beneficial to them. i 81 s'Si.iY
ff coFFEE SUPPLY.
The New York Bulletin, Sept q, says:
Our foreign transactions yesterday include
the Dutch Trading Company's ofncial state
ment of the coffee crop in all the producing
countries for 1874. The total is set down at
1900, 900 cwts-, and, on the assumption that
there will be no scarcity in any of the
markets ofthe world, speedy decline in
prices Is set down as certainty. hl.ti
=" VISIBLE SUPPLY OF GRAIN. nsafaw
The visible supply Of grain. comprising
the stocks in granary at the principal points
of accumulation, at lake and seaboard ports
intransit on the lakes, the New York canals