, 1875-05-27
MONEY AND COMMERCE
FINANCIAL

Tho earinkaEe IN tle grain anil provision markets
10 tho leading topic In commercial lnd financial cir
eles- Wben trfcea Aro going ur crer!,nly il happy,
for even Those who rthn week nas hsvr lott tnrgc.
~ on aAies dip In deeper hnu o,rt hoping 10 n,ats
morc than Tic! lost by continued rtss IN tic narkct
FAceN hy no uleAus cheerful. fer xtnee tho
decline commenced, The tosaes grain snd nru-
Visions actually iii store hero fct mp snso ths millions
On 5,.oo.ND tu Of wheat shrinkagc Of isc per G,-
tnd It haA bten futty that, or .uoru-a,nnant4 10
sI'oeoo. II u this 10 added The toza on corn and
other GraIns and provisions, well-infofnled partrs
cinsaso tho sum nj fnly t1,0W,1Jo. But tltr
IA rot all. Tlr loss is donttless greater o ottinrs
than on Tho s'n actually In store, that II may 10
eafciy cstnacil that the shr1ntage on proIcry ard
options in th!e city would 10 81 least s;e0OnW.
II shls tremendous loss fell cn.src,r ipnn our own
dealers many of tlon would Iouhtcss 60 under; but
more tlinn half II t-somo say thrcs-fouslhs-wc aro
afslrct falls upon speruators In ull lho Burrouning
Batcs. Thcy hare scnt their money hern without
stint. AMI sustained and carried rrers to higher
henEos during The rtss hy tbs funds thcy have tt up
- margInh through tholr brokers' and cornmsalon
houses. Thns far tho toFs hna teen widely anil 10
evenly distributed that OPERATORS With or two In
significant EXCEPTIONS 1Iayc bccn Ahlc to tor 1t.
There WAS ralhtr nlcfc 'ivo demand for money
yetser1ay, owing. doubtless, 10 b4nk balances
running fathet low on account OF checking 10 keep
up mntgins, and ihe enulus OF the splendid weahor
for tile last fsw days OF, general huaIness was also
felt. s.mc OF tic tanke report satisfactory line OF
liscounsa whifo otAcss taso largo amount Of idle
capital All Ut them. however, lave an ample supply
for all Tho legitimate .cmands OF customers. All
Tcnly gooi rarer Il ehcerfuy taken. Kcgular Gus.
toners nrc chntgc1 10 per cc,t for ultc,unts hile
n usua1, sono Of tho banks wou gladly taks short
time and cali loans with approved collaterals At Gs
pcr cent.
Street rates nominal 1t Sals pos cont Worry ultte
doing.
The market for New York e1chnnce was decidedly
weak. Pur and TO ccnts rrr 81 ,ND uero the outside
6gurts between banks. Irubaby q cens covered ths
mont af Tho salea. Al between banks tie market WA
irregular and unsteady during the day.
Tho bank clcarugs were s 1,soO COO.
Money Ia al the seaho.rd cities continues 10 bo VERY
abundant. Yesterday quoted from Nav yutk and
Doaton papots. OF tho
PHILADELPHIA
znarltt, the Ltdasr nf Monday e1ya:
Saturday last tndct smother week to tho nexs pre-.
ceiling eight ten without Iartclu vi cAanEe III tho
rasea for money Cali 1osns cont1nt.s quoted at J. l.
md por cent, strictly ars-cllen parer 1T
Per cent. strictly hrtcaas singe-narlo Iapcr kt
per cent, 1oa,a Government cnl14eral al 1rr cent
and on irhctabs aons aud stocks nj Ga 1,er rent
The dealings In Government eccurtea, owing to Tho
high rrices at witch they ruc, confined nmuly 10
scling and teinscztIng tn city and comfy boulA An
inspection Of tho following tables Will explain this
nloycment TIE quote: