, 1875-08-05
An Increased DEMAND from tho
Board Of Trade for Loans.
Collections Affected Untavorably by
the Severe Weather.
The Prodnce Markets Excitcd.-.Proyis'
Ions Higher.
Breadstuffb in Active Speculative Demand,
Duo to Continual Rain.
FINANCIAL.

There was = fair demand from Hoafd OF Frado
sources for loans The present condition ot prices
1aaves no psot In carrying Hstu.n but speculative
parties Ind # to their interest to sakc much pos
atble on tho market In order to stiten pt1ccA. Thcrc
has, consequently been Increase III tho amount Of
money borrowed by Board at Trade operators. A1er-
chants arc et borrowing to limited c1tcnt and tho
accommodations they ssk for ia IN almost direct pro-
portion to thtar disappointment In collections. The
recent esIaHtous weather has had the effect Of max
Ing thtHe still ranctant than they would be At
this Mace1ancona paper Is In Vory Hight tn1-
r,y. The general aspect cf In th4 lnhn ,naFkot
continues without any near prospect Of chanao.
Ra.os Of discount nj tho banks ss0 }er cent 10
ragnIar eustomcrs to tho fow Independent borrowers
who ato their appearance terms bet,er by seEeral
rcr can't arc frto17 accorded.
On The a:reei there Ia but d analt amount of good
paper Offering. Tho demand Is active.
New York exchange WAS somewhat dr1neT at desS2so
discount between banks for II ,oou.
Thorc Ia Light movement Of currency to the
country.
Tho oleartnRs were e, ,ooo.on.
DISTRICT or coLrMn1A BoSps.
The Philadelphia Lto1tr calls VI entlon to reporta In
circulation to lhs r1tJul.ce Of tho sas bonds of the
District Of Columbia. Doth tho 7tnts and tbst VI
Nov Tork re{er TO tho Irregularities in 4he 1naucca Of
the District, aud the KcSater Of tho TreaauTy
has refuscd 10 certify the further l#suo Of ahpse
bonds The Ltdatr ssyu tho ss,nrtt5 Of those bonds
MS 1 Ntdc1F1k OF ui0IlC{ pUlRAGcH may uCk DG tul-
pcachable but Of duty to tho public cEcdla Of
tbe Upied 8.tea II necessary 10 say that they
should net bo uarkolei equal to > Government
1oan.
noEToN ptT7pESps,
The drficnds and interest payments in Dnston in
August will araount 10 Sl,10j,e1t. The ngurea given
By ths n,ston pspers show that The tendency u ont
down div1aends pass than altogether, Btu contn-
uo4, Tho Quincy Mining Company. which has been
paying "a ahAso snoualy. will pas, Aug. ?. y for six
months. The Connecticut + r1ssumrsic nivers NaI-
rrad psssoa its August dividend fur tho st nac sce
Tho commencement Of cAah dytacnds In 1865. Tho
I1sAwtrEt also pa.ses. This Is not usually sated
"Bunrantced" stock, but sort Of hybrid, entitled
to recoiyo Tho aams dsidenda may be paid on the
Connecticut i passumpslc, which, simply "guarnu-
taes nothing. Boston Duck reduces from 6 to j per
cent and hallen AMI Hlnlrose Gas to PCT cent. The
Massachusetts, and Warren Mills passes. The u!I-
bnrton c3n ontts ita August dividend and may pay In
G:toLer.
DUNCAN, SHERMAN 4 CO.
The Fitlancial Ctmmere1al Chronicle adis its
tcostmony IN tho fact that tho wel.nsormcd In imam
al circles had premonltiona Ut ta couiux failure VI
Duncan, Sherman h Co. Itsays:
OF late, Indeed, thcrn wesc few bilt-brokers snd
deaerr In foreign exchange who did no deal ~ freely
cses few, and they not talked about except
q temporary subject of hypercrit!cal+ lueruldns
q no ss. M I'm s;a sfsFs ,s
foreign connections Of the hEn, T. credit would have
Tho Nrm sold In Wall street Of late at ratca which
ehowrd that its roston not go high as It use 10
long 1vc years they have retusetl 10 alnt Duucan
SheFtnau'a paper into thelr portluos+ wAu al Un-
nR td i u n @ s hsy bud cs
forsgn ILLS ovan at an 1er cent bcloH the market.
-, Wt nantlou these facts not 20 MUCK because OF
cr intru4tc Importance ~ for the light they throw
u; cp4hCtIuK faporta 10 tho rl1 GQsiiipp Of