National Republican. (Washington City (D.C.)) 1872-1888, 1875-04-22
aainasI gepablitau
FINANCE AND COMMERCE.
HonstarY.


| WASHINGTON, wednesday E~sainz-
Our local monetary and commercisI uasrkets
are without change to-day. The Instructions by
the Secretary Of the Treasury to commence -tSs
| payment Of the May interest on the United Statey
bonds is causing much comment in financial cir.
eIss. 1t is believed by some that the throwing Of
! 50 much gold upon the market will result in
breaking the backbone Of the clique, while OthSrs
/ maintain that the amount is too small to cause
more than a temporary disturbance OF the gold
premium. Some idea E:ay be formed Of the effect
the Seeretary's instructions will have upon the
market by the decline and course Of gold to-day
Government bonds throughout the country
were higher Yesterday and this morning through
| part Of the list than they have ever been since
thelr issue, taxing into consideration the lower
premium on gold.
In New York to-day gold opened at lis, and
sold Al u51< Rntn IL o'clock, when the market be-
; came heavy. The price fell to 11F4@lI47E the
el.siDg rate; Rates fer carrying snd Tor use I8I-
Foreign exchange closed strong at 4ST< Money
easy at 394 on call and 596 for prime mercantile
paper. Government bonds were strong at yes
teTdsys advanced closing, but at the second board
declined in sympathy with gold.
Messrs. Z. H. OfHey Co. have received the
following quotations from the Stock Exchange
Tor the ll:47 board:
SIS 1881, pon....f224 -5-2O's, 1865 coupon IL
80, i IsS coupon i lIs NOS, coupon .IIsE
5-9,s, new, Us. coup. ms American gOld......uIS
Messrs. H. D. Cooke, jr. & Co.'S dispatch from
Trask Stone shows q decline at the close OF n
In the new 5-2O's Of IS, n in the SOS Of g. in
State bonds at the board were "a lower for Mis-
sCuri long 6's 4 for Tennessee as. new series,and
per cent. for Tennessee o's-all closing quiet
and nominal.
The Post this afternoon says: "At the opening
the stock market was irregular. Prices then ad-
except Northwest. From then until about II
O'Clock there was decline Of H91 per cent, the
latter Northwest. The market then became
and has anca advanced LAM mai
under the lead of Union Pacific, Paelfc ID all aad
Wabs SD. Panama has deelinedll% from the open
Union Pacific, T35S@743l; Pacific Mail, 44l%94515s
Northwestern, 421[94S14; Lake Shore, T2l%9T2Z:
Erie, 4@Sl9s; sstern Union Telegraph, II58
rs Wabash, I5l491SJl; st. Paul, 5T7s@S55{;
RoeK Island, 1885 8l031I and Panama, ISI9l4l."
Stocks closed active and strong, except Like
closed weak.
Central .............lEI Northwestern ....... 42E
Pitts6urg: 81 Illinois Ceatrai...ISs
Our London dispatches quote British consOls
1851; 1O-4O's, 11Sl4; Erie railway shares, az
The rate Of discount for three-months' bills to-
DAY has been SSs me s AMOUNT Of bullion
Our Frankfort dispatches quote United States
Paris dispatches quote rentss at 81 francs X
centimes.
The Sub-Treasury balances at New York to-
The sub Treasurer paid out $3.50 900 on account OF
interest and 81, 800 for bonds. Customs receipts
The specie shipments from New York to Europe
to-day were t25o,oOO.
The Markets Elsewhere
BALTIMORE, April q, eEening.-Cotton quiet
and steady, and advanced since morning Mid
ding, 1614e.; low middIing, 151S; good ordinary,
1876 gross. Receipts, 81 bales: exports coast
wise, 24O; sales, lsT; spinners, rs; stock, ILO6I
Flour quiet, but steady. Wheat hrmer; No.
Western red, kl.2s; others unchanged. Corn
hrmer; Southern white, sTGS9c.: Southern yell
low, S6Sse.; Western mixed, sSe. Oats quiet;
Southern, T26TTc.; Western White.7O3Tle.; West
ern mixed, 6s8o9c. Rye quiet. Hay dull Pro-
visions quiet and easier, but not quotsbly lower.
Pork S22.50923 Bulk meats nominal; ShOuI-
ders, 8A49c.; clear rib sides, 121S812IIc for car
loads loose; Jo6bing packed, H911c. higher. Ba-
con quiet; shoulders. 9AGlOc; clear rib sides, Il
@1SHc. Hams, 1581513c. Lard, refined, $50
l61Zc. Butter; new fairly active; choice to extra
hne, 25629c. good to prime, 23925c; old dull
and nominal. Petroleum nominal at SA96ESc.
Coffee firm. Sugar firm, at 10LS4lO4c.
Whisky quiet; small sales at Sl.141l9l.15.
New YORK, April 2.-FlOur dun and drOOp-
ing. Wheat . shade nrmer. Corn quiet and IN
changed.