National Republican. (Washington City (D.C.)) 1872-1888, 1875-02-16
AatiauaI gtpahIifau
FINANCE AND COMMERCE.
NonstarY.


WASHINGTON, Monday Evening.
Gold opsEed and closed at 1l47s, being steady
all day.
The whole line Of Governments shows great
weakness. The decline to-day has been from n
to *, and thoagh the lowering Of rates In New
York seems 70 have stimulated the market 70
moderate activity, to the detriment Of the stock
interest, it has not had similar effect here.
Perhaps this Is sxplainsble In the net that IN
usual interest Is taken IN the Congressgusrs1-
teed 3s5's, the market for which Is very strOaE
and very active. At the opening to-day they
manifested great stiffness at 70; activity con-
meneed and they advanced TO To1<, and sfter
large sales closed ct 70.
rGreen s's'' continue to improve, and We pre-
dict an early and matsrialSrise In them
The older bonds Of the District of Columbia
such IS the Emery's-ars particularly strong,
with few oferfngs In the present plethorio con-
dition of the money market there seems to be no
tendency on the part Of holders to abandon bonds
that bear $40 per cent. interest, with . pros
peetive principal In three and five years.
Since we have been giving descriptions Of Dis
trict securities and daily sseo TO Of rates sSd
awakened in this species OF Investments for Idle
capital. There are buyers and sellers In proIU-
the amusement In the thing. Thers Is good
deal OF changing hands; they are site1Enstsy
sna sss S g,I Al An sne nosI Sas
they will sometimes gain advantages In spite OF
their hOnesty-by accident as It were. But they
are very accommodating; If they meet bond
holder Who wants 70 raise some money they turl
buyer, and securities are inquired Tor they turn
seller. There was time when this could not Be
done-When kind OF "dog -in-the-mangerd tSp0-
sition" was the marked feature Of '1hs street,"
even II an inducement were offered Tho snim8-
ton, stir and hustle Of Fifteenth and SEssS "
street, New York. There has been much talk In
regard to the removal Of the Stock Exchange
. test vote taken and twas decided 70 let It re-
main in Washington'S Wall street.
Our regular New York night dispatch says
money closed at 21SQ3 per cent. Exchange Is
weak, at 4S4. Gold dull ct 11411. Rates for car
rying, per cent. Governments dull.
SIS 1881, coupon......l1ssS SOS, new, IS, eoG-
S,: issz SS1PSR Ms IS Iss5 coupon: :IIsI
per cents, eI....::iiIa i0-lO's, coGpOa....lis}.
The reduction Of the rates Of messages By the
Western Union has not affected its shares In the
The Post this afternoon has the following to say
of the New York market: "The week opens with
very dull markets in Wall street, speculative
price for gold thus far to-day, MS. Prime mer-
camille paper Is negotiable at 496 per cent. Gov
| eminent bonds irregular, but In the main frac-
| ton lower than Saturday. In State bonds busI-
/ ness was confined to New York State seVens.
Bounty loan at 1854, and Tennessee skies, new
series, at IS. Speculative shares at the opening
were irregular, and during the first hour the gen
| ersl list advanced 4 to %. Since then the yea
WabasS has BEEN sTceptionabfy weak, 6sTi1E
Union Telegraph and Ohio and Mississippi have
In New York the Sub Tressury balances to-day
were: Gold Is, SIS, ss4; currency, 49, $50
The Sub-Treasurer paid out $4,000 on account
Of interest, and sl47 ooo for bonds
Customs receipts, tT4o, 900.
The foreign commerce of the port Of New York
for the past week TSi a I9 Sry oSs q
s5si,0i5. The total merchandise imports since
year and S53 At in 1872. The total exports OF
specie since January are 81 e5S SSS against 81
| 81 1857 last year and u, 9e4 OO4 in 1872.
The Adams Express Company has declared
| quarterly dividend Of * per cent.
The Ohio and Mississippi Railroad Company
has declared dividend Of 81 per cent.
The Markets Elsewhere.
BALTIMORE, Feb. l5.-FlOur quiet and IN
changed; Howard Street and Western super,
S4@4.25; do. extra, t4.624475i do. family, $3.50
| as; city mills super, s49A25; do; extra, s4s29
SOS; do. Rio brands, s6.253s.5o; do. family, IS.
Wheat dull: No. / Western red, tl.2O; No. DO,
/ sl.16; No. 8 do, t1-13; Pennsylvania red. also
LIS. Corn quiet and steady; Southern white, y
| nc. Oats quiet but nrm; Southern, s79ssc.;
Western white, 6o@67c.; do. mixed, Sc. Rye
dull. q sSS9tlu2 Hay dun I- and upSh asEg
steady and firm, with an active order trade.
| Pork quiet and steady, at Sla259D. Bulk
i0i%c. Bacon active and Steady; shoulders, s1XS;
clear rib sides, I1491l14c Hams, 149l5c. Lard
quiet and steady, 81 isN91A5c. Butter firm;
/ Western tubs and rolls, A03oc. Coffee dali;
good to prime Rio, cargoes, 1SA9l9l1e. Sugar
/ frm at i01<GlO1Ie. Petroleum unsettled; nom,
/ inalIy eN665zc. Cotton quiet but nrm; low mid
/ dlings, i5415Ec. Whisky weaker, at SlOs9l.09.
| NEW York, Feb. l5.-Flour dull and heavy.
| Wheat quiet and nominslly unchanged. Corn
| dull and heavy.
GEoRGErowN, Feb. Is, eveRiBg-The close Of
| the Chesapeake and Ohio canal has cut Oh the
supply OF grain from the country It waters, while
\ the distractions TO navigation in the river pre-
| vent shipments from the country about Alexsn-
| driS and Baltimore. The receipts by wagon are
| smaller than usual and not worth mentioning.
| This has caused q rise In the market, and while
the margin on -four Is being narrowed every day
| by the advance on grain, the manufacture Of
| breadstuffs and the accumulation OF stock con-
tinues; in fact It Is reported to that the mill
| we announced previously as having closed Is now
| In operation. Flour Is very dull, but no lowers
the millers are grinding and holding for shipment
| at the opening Of navigation. But there must be
| an end per force to this seemingly Wanton and
reckless production very soon, unless the Changers
| pan out better than they have the week Just
| closed Wheat is higher at o. 25912s for choice;
| SlZ3@125 for prime; S1.D9lS for good: sl-ls
al % for tRtr. Corn very active and prices nrmsr
| al s3Hs5c for white; so@S3s. for yellow soma
sales Of nne lots at s69sSc Oats, e29S4e. Rye,
| sS60c.