The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1876-06-28
INDIANAPOLIS CLEARING HOUSE.
MONEY AT OTHER POINTS.

NEW YORK.-The Commercial Bulletin OF
Monday says Money lent at l1<92 per cent
fOr call loans, . per cent. having been the rul-
ing rate. The supply of choice mercantile
paper is very small, and this class OF names is
taken quickly at very low rates. Other grades
of paper are slow. The note brokers quote
rates as follows: Double named. six y-day
paper, to per cent four months, 4 TO So.
To-day the United States Assisan Treas
urer paid out only $1,000 gold for interest and
bonds. On Tuesday next the prepayment
without bate of the July interest on the pub
lie DE- bt will begin This amounts To about
$3.50 0OOJ gold, over ope-half of which belongs
to Europe. The silver payments to-day
amounted to szs SO1, of which slO,sO4 was to ISJ
applicants. Those who are engaged in ship
ping silver e ther to California, The West In
dies or south America pay premium of l@2
per cent. Tor the larger silver pieces. This,
however, will disappear when the $1,000 800
bill becomes a law. The shipment to CaliIOr-
MIA will continue until silver falls there to
the discount on treasury paper here, less the
transportation charges. In London tn stock
exchange was closed to-day. The Bank OF
England gained els coo BULL on on balance
During the week the United states assistant
treasurer took in ,125,W0 for customs; the
at New York amounted 10 SI,a92,55l; of this
total S7Zs,4o4 consisted of dry gods, ana the
remainder general merchandise. The eX ports
of omestlc products Tor The week Wore s6,23',-
e6s. The spe ie movement was: Imports,
s25S,165 ans exports si,753,s50 So.
ST LoUIs.-The Republican of Monday says:
At the banks. counter business was fair, with
checking and deposits about equal. Although
there were some offerings Of good first class
business paper for discount, financial institu-
tions still complain of the surplus accumuIa-
ton OF lOanable funds lying Idle in their
vaults. Rates OF discount ruled steady at 8 TO
10 per cent. per snnum with some b ghIy ia
yored paper placed at q lower figure on short
time. Ga the street bet little was doing ln the
way OF discounts, and rates ruled merely nomi-
nal.
CHICAGo.-The Times of Monday says: Bust
ness in all Departments of the finance mar
ket was much smaller than might be expected,
and the slow feeling exhibited was far from
satisfactory. Though there was no partic 1lar
dispersion to complain, or to take "blue"
view Of the condition of affairs, the banks gen
orally acknowledge heir disappointment
over the continued dizziness, aud the limit d
opportunities Offered for The employment of
funds. For this early in the season monel airy
matters are remarkably dull and almost all
the banks report large deposits, an excessive
supply OF idle money, and a more restricted
line of discounts than they would like 10 car
~. With pleasant weather there IL some prob
ability OF business showing coDsiderab g life
between now and the m dole of July, nut just
now the movement hi around is tam and
moderate, and of a character to afford 10 m
for improve ment. Iutere~t rates are generally
quoted easy and borrowers able to give ac-
ceptaDlA paper lind no delay In obtaining IA
vors al 79s per cent.
LoUIsvILLE.-The Courier Journal of to-day
says: The money market was quier, and with
outnew features ofinterest. The tendency in
favor of increasing dizziness ard ease Is be-
coming more pron0uLce Gel. Commercial paper
was freely avail bic at 9l0 per cent, general
~ the lower ia e, and some >iness on the
street was reported at Per cent.
NEW YORK MONEY AND STOCK MARKET.
NEW YORK, Monday, June rs.
Money market easy at 2o2% per cent.
Prime mercantile paper 31S95% per cent.
Custom receipts, SSO7 sOO
Assistant treasurer aisbursed $4,000.
ClearIngs, s7,O00,goO.
Sterling exchange firm at IS for 80 days
and 4 SO for sight
Gold firm At ll2ell2z.
Government bonds firm and higher.
State bonds qliet; lennessees nrm ana
higher.
Railroad bonds quiet
Stocks ull ana / w.r, with sales as follows:
Western Union 40 :, st. Paul I3tOu, axe
Shore 6,C0v aid Michigan Central ltitt0.