The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1875-03-16
FINANCE AND BUSINESS.
GENERAL MARKET REVIEW.
LOCAL MONEY MoRKET.

LOCAL MONEY MORKET.
There is some improvement in the de-
nland for discounts. Manufacturers are
calling for accommodation generally and
reporting an unexpected revival of bust
mesa. The commercial demand is falling of
later than usual, owing, first, to the fact that
the merchants themselves are carrying
larger balances than usual 20 tSeir credit,
and second, that in many lines of goods par
ties who have gone East to purchase have
not found the stock on market and are COM
PEELED to leave their order for the manufac-
ture, thus delaying the receipt. Manufec-
tuners have been acting with unusual cOnSer-
vstisn and have only worked up 10 the pos
1uve demand upon Them Inc passage OF
abe law prohibiting the contract for attor-
ney's fees on negotiable notes is attracting
very general attention, and as might have
been comprehended measures are being
adopted TO evade the letter of the law. In
stead of 8 or 10 per cent to cover attorneys
fees. a certain per cent. will now be added
for liquidated damages, or for contingent
expenses. 1t will only result in the annoy
&nee of the borrower, and will undoubtedly
make il more difficult for them to negotiate
loans. IL was represented as in the interest
of the poor, but, like every such law in
reference to the use of money, will only
work detrimental to the interest il was in
tended to promote.
INCREASE OF POSTAGE.
The amendment to the postal law passed
during the closing hours Of congress, and
which has already gone into effect, doubles
the postage not only on samples and parcels
of merchandise, but on all tine following ar
tic.es tho postage on which is cow one cent
an ounce: All pamphlets, occasional publ
cations, transient newspapers and maya
zines, hsn6-oiiis, posters, unsealed circulars,
prOsy ecSuses, books, book manuscripts,
4 Cd q
prints. engrsviDgs, blanks, flexible patterns,
samples Of merchandise, sample cards, pho
uographic paper, letter envelopes, postal en-
velopes and wrappers, cards, plain and or
Ilamentsl paper, Photographic representa-
hioDs of different types, seeds, cuttings,
Bulbs, roots and scions.
REVIEW OF THE HOME MARKETS.
MONDAY EVENING. March 10.
The street markets are generally quiet with no
change 10 note in prices OF material
mOEent. The dry goods houses are
commencing unusually welt for the first day
OF the week. At the Board OF Trade there was a
full attendance and considerable animation
znanifssted. There was nothing new In the
grain. market. Corn continues firm and there
was nothing reported in other grain. Provisions
are stronger decidedly. Shoulders and sides are
quoted I<15 g higher. and can hardly be bought
new ut e1otations. Operators in futures are
feeling InEch better than "A week ago, The adj
vance has let out all VINO were "lOng," most OF
them with q nice sum in pocket, and they were
going in sgsysn to-day pretty generally.
WEEKLY REVIEW.
TheEe has been very much OF encouragement
in The general situation OF the market during
the past week. The weather in the first place
has been decsded Improvement upon any
1hiHg experienced before for months, aud TO
ward the close OF the week was so Fpringlike
and warm that overcoats could be comfortably
discarded daring daylight. The city !
has been visited by unusual 1
rsnber Of aonHfrv merchants and The 1
sevel al lines of ar, goods, notions hats and l
caps, boots Gud siices, and others ifist have ,
40 sir seasons, lave been favored via Il good