National Republican., 1875-07-23
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FINANCE AND COMMERCE.

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I FINANCE AND COMMERCE.
Monetary.
wAszIssTos. Thursday Evening, JuIy22.
At the Bankers Convention In Saratoga, o. E.
Prentiss, cashier Of the German-American Saw
tngs Bank Of this city, was appointed one Of the
vice presidents. OF the proceedings he writes:
''There was very interesting session. ResoIu-
tions passed nearly unanimously: /. To resume
specie pay ments. 2 To reduce taxation OF bank
capital and deposits TO peace footing 3. To abol-
permanent bankers association Two sddresses
were delivered on the first resolution-one good
sound one by Buell, of the Importers and Traders
Bank, New York, and the other BY McGreW, Of
SpripRheld" -.rr
stood when the great clique commenced the up
ward movement. A further increase In our ex-
port trade, and one more point lost on the gold
premium, silver might circulate with safety, and
if the large surplus Of paper currency could be
utilized as losnable funds or BY conversion into
gooa securities ana Is,on sna oseerwe is ,; Wiz,
move through the channels OF trade free from
the dangers Of being scooped.
at from 1l2o5 to 112s0 the bids amounting to
$50 900; lowest, 11225; highest, u280.
The bullion In the Bank OF England has In
creased f72S, 900 turing the week.
Specie in the Bank of France has increased
600 francs during the past week
In the local markets the volume Of business In
securities continues light. The so5's were strong
and fractionally higher at the board to-day, the
Msssrs. sherman 4 Grant, No. ll2s street,
quote the following buying and selling rates for
Gs. .l2o @l2D1< 10 lo4o'a.......1l5z<aI16I
IDS. o.. ..n41sQlltss per cents. ..l1+5S 9l15%
e1s. o4....uos5 gllez Cur $685.. 719z4 ~
IS, new. HI Tz9nIZ Foreign sxchange:
e9s, oI....n9 Ql191 Three days sight. 40
oIsd In EsT 20 1S5a sdsy gold Og:1SS n de-
1l2L61l2%, Foreign exchange quiet at 4sT.
Money easy at 111G2. Governments dull and
The following closing rates were tsIeCraubed
20 Msssrs. H. b. Cooke, il. & 90. from the New
York Stock Exchange:
es lssl, coupon, .l2oA 5.2os, ,1sOs..........19
o2Os, lS64..........l61S New 5s............ll5X
k2o's, lso6........-.11sH Currency 6's.......l3zZ
e0s, 1860, neW....11IH Gold................1l2X
bS2Os, ,lSo7..........llSH
The stock market opened . shade higher and
closed dull and lower. The volume Of business
west and Pacific Mail most active.
The following are the closing rates for stocks.
ttslssgrsPhsd ts fr9% % the New York Stock Exchange
Es,'sIn UniOn ss Es ESE:nSs;.srn M ~
ST. PauL........... 81 Pacific Mail ~
Rock Island.......1o5x Q, and M........... 33sS
The sub Treasury balances at New York to-day
Mere: Gold, s340S4, 40; currency, S55,O9T, ,O2O.
The Sub-Tressurer paid out s2Os. 900 on account
OF interest, "a and s5Ss,7Oo for bonds Customs rs-
Commercial.
Our dispatches from all parts of the country
this evening show firm and active markets for
produce at the recent advances, and in most cases
still higher prices have ruled to-day. The pro-
vision markets, too, are either strong actually
higher, and business is such that prices are not
purely nominal, and the anticipatfons IN regard
to the future market for provisions are that 1t viii
take the course Of the produce market.
The improved condition of the -four and grain
export market has not yet reacted as materially
upon our District manufactures as it has ell e.
where, and the result Is seen mainly in the ad-
vance OF prices; but before Q great while we may
see q large increase In the volume Of our export
trade, and this will still further bring up the
advance in wheat this week in the District has
been 15G1Sc. There were sales Of 5000 bushels In
els a. Sis The market nav now nS be S'V Writfs5
active, while -four Is steady and improving daily
A few parcels Of new oats have come In, selling
The grocery market ft els the absence OF large
portion Of population, but trade Is steady, and
VIII improve In month or two.
Washington Wholesale Markets.
BREApsrUEys.--The strength of the -four mar
ket in all parts Of the country, together with a
material eurtailment Of the receipts at Washing
ton, have caused an advance Of Csc. per
and supers quotations are readily realized
The receipts for the week by the Exchange
s1gss O 1T OO. s1rs we rsyss sSss as fUT %v
trade brands, so.5O@o.75; do. standard brands, 81
gT25; Georgetown families ss@s.25; Burnt Mills
quote WeDger at s7.5O9TT5; Pride Of virginia
choice family, s7g5,25: Virginia State family,
tie, 81: Farmers Mill extra, $3.50; Daniel T.
MSod wnG1itgy. wts%ig SS7S g s2s sscnsHa family s9
NJ. ROndaDusS, sS5O; Plains $3.50; B. F. t Grove, 1
$3.50; Snow Drift family, s7.5O97.T5. Rye, s5@
$50: For small Io6binE lots 2S95Oc. per b6I.
bolted, 9oGg1c.: iobbing lots, 95c.
GRATs.-Wheat active and 1591sc. higher; good
@ SSs & GSEn 'TGes' aTes suS SY'SS .ts52 sag
65@7Oc. Rye nominal at s5e.@s1O5. Quotations
for grain on track; 263c: higher in store.
firm; jobbng lots AG2lc.; Maracai6o higher, at
2o@2sc., the destruction Of the stock By the
Se I.gayrs gSc Der s1f i5 @afsSii
PGFto RiS0 and Cuban 99s74o.: refined hishsr;
nc; hard 0 grades, crus6sG % and fA'IS powdered
NE; granuiatsd: nA@lr4c. Tea quiet and
Japan, 5s&75c.; Ooiong, So@75c.; English BreIk,
fast, yson, ,4O@S0c. Molassesquist; Cuba,
sSG45S; Porte 9,.S, kisO, SOSSSc; Psmarars !59S5;
sugar drip S5c; rock candy drip, si.10; bee hive,
eOe.; calvert, CSC per gal. Rice dull; Rangoon,
steady; hns, s225G256; ground alum, si.OaiS0
HAY AND sTRAw.-Hay has declined 1@sc.
prime timothy: Glover, s1591s; timothy, s20@2S;
mixed, sIsg22; cut hay, per cwt. s11O9Lso:
rye, s1sGl7; oat, slS@l5; wheat, sSgs.
MILL FEED dull ana weak, Bran, per ton s1S420;
brown middlings per ton, s22923; white, per ton,
Provisions active and market firm. Sugar
cured ham+Dayis' diamond-brand sugar-c1red
shoulders, 121z913c.; breasts l33< 914c,; Western
bacon frm at 1O15c. Lard dull at l5G151<c.
fine qualities during the week In conssquen1 Of
the light receipts and active demand. Prices
good consignments viii find ready market and
ISere is an inducement held out to shippers.
New New York, 2763oc.; Western and nearby,
ages; By others about one third more. "-' p-'~=
oheese-Quiet and lower. New York, 7911c.;
Eggs-Wfth increased receipts, and falling of
u the demand, there has been q snarp decline in
pr ces, and the tendencies are TO still lower fg-
1Oc. Receipts by Exchange $50 caGes I'd 3O3 bbls,
to which one third may be added for other re-
ceiRts not recorded; a, ooa,o.
The Livestock Market.
GEORGETOWN, July 22-Ths market has been
active during the weak. The sales at DroVers'
Rest yesterday and to-day were: Cattle, ST
head At from 3 to s4e per lp;; loss sheep and
and from q 25 to $3.50 per head for lambs; 80 cows
and calves from SIS to s45.
WASHINGTON, July y22-Market active. Cattle
lower; common to extra, 39611c.; calves, 4@611c-
Cows, per head, s2JG50 Hogs unchanged at 90
lOc. Sheep, 4@5He. Lambs, ss@4.5O per head.
rhs Markets Elsewhere.
NEW YORK, July 22-Cotton quiet ana strong;
TI2 bales at 14Z6l51zc. Consolidated net re-
eeipts, 2,s76; exported 70 Great Britain, 22e9;
France, ESQ; continent, s25 bales. Flour ten to
twenty-five cents better and In fair demand; SUPER
hne Western and State, S5.50@6; common to
good extra do "a lO66 50: good TO choice do "a SIS
al; common to choice white wheat Western ex-
ira, s7.06@7I5; common to good extra Ohio, s6.25@
s; common to choice extra st. Louis s6.50fl8.75-
Southern -four decidedly hrmer; common to fair
extra 90 650l7. Is; good to choice extra. 3O6875.
Wheat excited, Irregular and unsettled; 395c.
higher No. CAicago and Northwest q sl 9i4o;