The Indiana State sentinel. [volume] (Indianapolis) 1868-1895, 1876-11-08
indianapolis Clearing House.
Gold I'm Germany.

According to the Berlin BOrsen Zeitung, the
German government is now considering an
obstacle in the completion of its coinage re-
form, which only its happy position aS the re-
eeiver Of the French indemnity can have pre-
vented its feeling sooner. Thes are the ways and
means of providing a floating capital to carry
out the operation. 1t is withdrawing silver
and supplying the place OF il with gold, but III
the operation Is TO take place conveniently
considerable sums of gold ought 10 be coined IN
advance, and held in readiness for exchange
for equivalent sums of silver. 1t should also be
quickly a. Ii may be advisable TO withdraw IL,
but may have to be kept in hand for a larger
But to hold these stocks of gold and silver rs.
quires capital, and this the German govern
ment, il seems, Is beginning To feels now that
the indemnity has all been spent Or distrib-
uted, and 1t is face to face with the toughest
part of its WOrk-the withdrawal Of the one
thaler coinage. To raise the funds an issue of
four and one-han per cent. treasury bills is
recommended by our Berlin contemporary
and 1t is not improbable that some such meas
ure may be adopted. We do not see how IL can
be avoided If the statement Is true that the
government has no available floating balance,
and II it means to dem.netise and Withdraw
the one-thaler coinage, thereby completing its
great operation in q business way.
Commercial
business continues quiet in ali departments
of trade, consequent, in large degree, upon
the pretracted excitement over the election
The indications, however, are that the result
is known, and business affairs are likely to as
sert their Importance, and a larger volume of
srade may be expected.
Provisions are steady and the demand Is in
Excess of the stocks on the market, and sales
sfProduct 10 to Is days in salt are made I'm adj
nance. All the packing establishments will
,e in operation by the 18th instant, and by the
kst Of December stocks viii be OF such mag
nitude rs 10 meet the demand.
The receipt of hogs is increasing, and prices
are firEs, ranging from s. - to - 80 per lou lbs
gross.
In the departments of grain and flour "a good
demand Is reported. Grain dealers are still
embarrassed on account OF absence Of cars 10
move Accommodations of corn. Railroad officials
report that line cars will be more plentiful at
early day.
The New York Daily Bulletin of Tuesday re-
fers to the breadstuf market as follows:
Very little spirit has been apparent In the
breadstun line. With the subsistence of the
war fever in Europe, foreign markets were re-
kets, especially at Chicago also less active
and NJ times much depressed. Political
affairs have engrossed AN unusual share
OF attention In business circles, dis
custom assuming remarkable intensity to-
ward the close, thus seriously impeding opera
lions I'm produce and merchandise Weather
conditions and influences have been rs "a
whole, favorable. Ocean grain freights have
duetuated considerably as TO rates, chiefly i'm
AtAc My Oi 'Ctth cDiitfhctH, on however,
very fair aggregate Of trade, In this connec-
ton. for the week. The chartering movement
has been, in good part for outpOrt loading
From San Francisco the advices are. of a
steady and moderately brisk markell in the
ocean grain freight line. OF the charters of the
week In our own market were on Saturday
two Italian barks, hence with, respectively,
about $50 and $50 quarters barley for Cork
and orders, IS I'd per quarter, the first freight
contracts of any moment, in connection with
the barley trade, this season.
Wheat values haEe been weakening In this
market. particularly tOwapl the close the de-
mand having fallen of materially. well on
export account az for milling purposes and
supplies, especially Of other than this best
samples OF spring and winter products. having
been offered with more urgency. Purchasers
Tor the Continental interest have been on
restricted scale Holders of strictly prime 10
choice wheat have yielded, as 10 price, very
reluctantly, those qualities having been I'm
comparatively meagre stock OF the sales of
the week. Of more than routine Interest were
DO00 bushels new No. I Chicago pring, for
early arrival. ut 81 20. and three boat
loads OF Drilse Canada spring, in bond, at 81 50
for export. Further reductions of some mag
tude, through sales OF shipment or milling,
have been made I'm the quantity of old crop
spring ira store atthis point New crop spring
arrives in generally good condition, afid
ceivers seem inclined TO place supplies Ia
store
Corn has been also depressed i'm price. under
supplies, and more OF less Of
pressure 10 realize. The demand from eli