, 1875-11-08
FINANCE AND TRADE,
The Packers Milking Large Drafts
for Money.
Excitement Over tho Proposed Rise in
Winter Freight,.
The Produce Markets More Active
-..Provisions Weak.
ereadstufs Stcady---Lake Fre12ht Act.
I've and Easier.
FINANCIAL,


1fost uf thn n,c1srs h.v. rommorr,1 ..t-, =,
sratious dur,ur TIM p..t rs.x Tht., var
heavy Interest and viii mske 1.ro. drift, on h,pto,
for mapr weeks 10 eons The txn or ti,,eA h,nt. ~,
for months past h.ye been e,nkinu rail and
loan4 On tpyeruneu4 and otbar ,nnr1ro1 c,y,.....,
low .rtea Of Interest ~. ,,ov mi ~ H.. ,..s., =
thcIr customers will taxa all tbn fun,. At t.ir rou
msnd At full rates. Thoso to.ns viii ,,.o In ci,o, ~
and p.,tcs vino ,nyn m a1o ,,r, ,,,,,t oh.. 49, - -
pr borrow etsexhcro to meet th,m.
On tho wl1old bustuces during thu woo. hss he.,
ratAar quiet II lhc hunks CxIs f,on c,tv cust,,,
ers wern moderate In amm,p. mi ,a
Unusual in NUMBER Wholesale 1ca.r-. h,vo ni.,,v ,
funds, and rctaera are keeping eu.to,o,, d,,r, !,
short payments and rtuerallv t,,a,ns ,.,,hlr ,h.
mrhns. Country correspondents kern their linn, n,
discount "a Jet about al former Daurca. and NH
about Tho usual drafts for eurrrpty ~ ,.,..., +
tnay bc said that busprs, in n,ovrt, n,ra ~ h..,s
aud eatlefactory mauucr.
DiscuRsiona h7ve been actt7n not to a,r nnorv s,-
ing Tic week anlonE bankers and luan,s, n,cn ~,
tie proposed exorbitant ady.uca m Yrciphi. ~ ih
sraeoard "a soon navigation closes Tho r.,o,tton
ls ths ore aggravattng a. there \, kpv l., ht t,r.
foreign demand for Western farm n,nInc,, nv,
'n9 to tho short crop In 1.ussta, puoul
The Ealtfc aud tic Hack Ses rortH fail Ia yia ,Lrlr
nsua supply Of food to Great Britain nn ,,t ncetIv
European countries, they wuud uutou, e,ty mako IN,
Tho deficiency from American .ourres, With these
eE,Ght lroApss Just opening to the far11Iu Interests
of the West, II tr4nspjres tbat lie ua,ayrru Of III.
baltimore Ohio Railway have agreed to pool ,ss
EARNINGS with the New York ruat and .hus TO fatso
prices to high lgurt which, II 1t does 10, Isy nh
embargo on shipments. Will turn Into the pockets Of
Vanderbilt mud the other Wall street twiudIers u tho
money which would Otherwise Alll rightfI.y acc.,o
70 tho teneht Of Western fartucrs. Why . Railway
built exclusively tho City baltimore and very few
81 Aer local capitalists should be run mainly for
'oo benefit nj New York !s matter vhel. tic peo-
pc o. naFsmoro and th" Legislature Of Maryland
"lI 'oubsicss rakc vigorous efforts tu Anl nut. The
west VIII watch the progress Of that inquiry with a
absorbing persona! rouceru, certainly 4ltlnoro
LAS slf' ahl death interest In the result, WHY
'hoa'u baltimore s surtnely down and SEQ New York
TOD Aer OF Aer bisisGht7 Sho Ia onc Of tho Lost
'eaiorts on tho coas!neat; she h4vo "a against
So" Ao'k Flftual nonopoiy 1t tho trado of tue
aontE~esseTn Atlantic Htatea with tho Northwest:
Ter railway has been built for money. md can
'heFslafe, do business aud mako good diy1dcuds
Gu nali the charges imposed by tho New
aoeS AneD, who4e stock has bpcn yatcscd
ononihsi values thrco to half dozeu time. their
ae'ua cost aud now will 1Ialtimore fold her hands
aAa lei Ne" York aeh from ef all these and other ill.,
.ssnaoe &aSan'aBes7 Blu IL 1ad miles from Now
h' "n tue lafgn city Of Pltladetptla way bc-
"eeii 'uem ana there is no moro relsoh That her
et.S. tnoaiu becoo mere tail to Tauaefbits
lne1o - that ths drand Trunk Railway should
a's'n'o 'he s.'uo desratc baltimore las thu POSI-
s4oa and tho 1nraHs, III her ha.bor faculties
ana hcf sp!eptid railway 10 tho Vest 10
D. rival Of New York, Instead OF moro
"S a. t!e nana1 OF hes interruptions capitalists.
~. on5 tho puflhesS men and baukers Of Chicago,
Wv 'ne 'at.ne3s aAa tRo people Of ale curc NORTH
WELL "1e'oeepiS interested u the question whether
a'.", "'a P1emptofay aen'R'ld that her rail-
way aaaa ee iua ZOE AoF own benefit or whether 1t
fhau be used mainly in the interest Of INV york
~. ss's'as @ass paat new York exchange has bcen
ssas "o's'n9 closes, tul 6AtufdaY, when 1t sol
oaaRs NJ par and % censs per 81 100 premium.