The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1875-07-22
FINANCE AND BUSINESS.

WEEKLY BUSINESS RECORD.
FOREIGN COMMERCE.
The following tables and comments are
from he New York Journal OF Commerce:
IxpoRTs FROM NEW YORK TO FOREIGN PORTS
FOR SIX MONTHS FROM JANUARY /.
1874. 1874.
domestic produce .SlSs, 1879 sllI,lSS,9li
Foreign free goods. l,li6,252 l,SS9 257
Sn..ci-snd bullion .~...-.. 29,6lS6hs 5O,555,S5S
Total e,ports......-.. 20 sI7I,s7z 9U6
Do exclusive OF specie. sl4s,4oi.6o9 sl2l,5l7,56s
Fifty millions of specie in six months is a
large ovlt How, and ore third of this has been
shipped the last month. We now bring
forward our comparison Tor the fiscal year
ending with June:
IMPORTS FROM NEW YORK TO FOREIGN PORTS
FORTHE FIsCAL YEAR ENDING JUNE 81
FOr Tree gOods.......-......-. ~, iSs 25s22'lsS
DO: duliaele..'.' S',5 zaGi9 81 $50 S5S a.,
Specie nd bull1on----------- SI,Ios.Oip oI,soo9H
Total 80 64si:6 So 90 's
Do exclusive OF Spe3le....' tOlilo5,lo1 -o|V<ON'-
No thouyhtfal observer after a careful
study OF thcse returns, will wonder thai
business men are not happy, or need any
further confirmation OF that view OF our
financial affairs which this paper las taken
ever sirce paper money was at hrst glorlhe1
AM national debt ap0theOSZed IS IA
tiona; blessing. Prosperity Is not TO be
found in alltbe way the country has taken
;heee weary years, and there must DE re-
turn to the old paths before we can have
lasting peace and thrift.
MONEY MATTERS.
In the banks money is exceedingly plenty at
all money centers, and the market is dull This
is especially the case in this city, while waiting
( or the movement OF grain and hogs. This year
this condition is intensified. In New YORK,
money is drug in the market, and whoever
wishes to borrow and can give good security can
Gold is declining daily, and with a sure pros
pect of a arge foreign demand on the Unt' ed
States for grain and meat, the price OF gold
will probably continue downward
DRY GOODS.
Trade for the week past has bsen better than
was anticipated at the beginning OF the week.
The der and in the form OF small orders con-
tinues brisk, AID it now seems that the usual
inactivity in this trade may not be realized at
all. The fall trade is expected to open cary.
Prices remain unchanged, and are low enough
TO suit reasonable buyers.
GROCERIES.
good trade is reported to-day and fair
weeks WORK. From the remarks dropped by
commercial travellers, a state of chronic dull
ness is known to exist in the smaller towns
tributary to Indianapolis, which necessarily re-
fleets itselfon trade at headquarters. NeverthC-
less both cofees and sugar are firm ever.
Coffees would show greater advance had gold
remained his her, but as all sales are uponmade
a basis of the gold premium, of course cheap
gold makes cheap coffee; the market is firm
ana gold prices are well sustained; our quota
tiOnS are for the present unchanged, the de-
nsnd is good and shows an improvement over
the former week
sugars are firm; Iefners are kept well sup-
piled with orders the &c advance noted on last
Saturday is sustained, and larg Tefiner tele-
graphs another = advance on We lows To-day;
the market is well supplied ana the demand is
an active one; standard "a" is held at lU1a elU3sc
last: extra G, or OF A, at 100000. Cheese are
nrlner and brisk are worth &c in Ohio
10 r-~t fac OTy Coal oil Ouil and drOOpin Z.
Syru :, nave fair demand al hImer figure.
GRAIN.
The week has been one or considerable excite
ment, and very Large advance on wheat. IN
Chicago the price weat up to-day to 81 2 for cash
and 81 ~ for August. Corn was also firm and
higher in spite of an almost certain prospect of
heavy crop. The faes Is developed into ce
tainty, that the foreign demar for grain will be
large the coming year. s.this country has an
abundant supply, the result will be largely ia
vorable to business and confidence here. The
some spots have suffered from the excess of wa
ter. still the main crop has been benefited,
and the general eject will be favorable.
PROVISIONS.
The feeling during the past week has been
very much improved, and the demand has been
good. Yet the sales have been limited. Prices
are very firm aud SHADE higher. Holders are
confident and the prospect is Frightening.
REVIEW OF THE HOME MARKET.
WEDNESDAY EVENING July q.
There was but little done and prices were un-
settled by the storing movement in Chicago
Wheat opened there at 81 Il, and by noon had
advanced to q q for August. Corn was strong