, 1877-09-16

Corresponding week Lust year ~, t3l. Cos 1.783 Is
! CONDITION OF THE LOAN MaRKEr THROUGH
| OUT THE COUNTRY.
The widespread anticipations of active, not te
eay stringent, money market this full have not bee,
| realized. a careful pcrnsal Of our leading tx
changes shows that the steady quiet exists 4
| Cincinnati, Baltimore, San Francisco, New Or
leans, Boston, aud other leading cities MS arc
| observable Ill Chicago and New York.
| The Courier. journal. Of Louisville. Gays in it
| Issue OF the l4th inst.
More paper IVES Uttered for discount BY some o
! the jobbus branches, hnt enly moderate amonnt
were called for, and the aggregate demand TO-
money waH not lnrSc. The produce branches arr
requiring very little assistance. Commercial paper
Of the best class was uisposed OF readily a. pc,
cent.
At New Orleans. the FiccyHne reports that OF
Wednesday the demand for money Currency, il
anything, was stronger. both iii bank ami on the
street, but no change was apparent in commercial
paper.
The Eceninq Wisconsin, of Milwaukee, says,
Sept II:
lsusincss continues not alone heavy. mt active,
with u cUntnncd good demand fur currency from
wheat~ growing scctiuus. The demand for loans il
also iiheral and rates Of interest steady at SIC III
per cent per annun The continued shipment nf
Wrut castwArhfy fast arrives tends to keen
the money market easy
The money market in Boston, according to the
-4dctTtiser of that city, is as follows:
The money market presents no new features Of
interest The supply Of loanable funds is still am
pic to meet ali regular requirements, and rates re-
nam steady there oclnY nothing III the present
lati"ns OF supply and demand to Justify any ad-
vance. Many OF the banks. however, are atltici-
atEs mofc active market uni better rates the
eeasou advances, and arc doubtless keeping their
funds well III hand to be able to take advantage Of
any improvement which may be developed.
The Cincinnati loan market Is described by the
Ga-e1te moderately active, without any mate
nal change in its tonc nor anything especially in
tcrcsting outside Of the regular routine OF busf-
ness. The demand for loans WAS fair, and discount
rates were firm at 7G5o pcr cent, all paper which
stood the usual careful scrutiny being readly dis
counted at these rates.
The San Francisco Chronicle, in its review of the
corn market for the week ending Sept s, remarks
that 'tbusincss during the past week has been
moderately good although there has been no
marked activity in any department. The figures
OF the Clearing House make satisfactory showing
with those of the week before, particularly consid
cring that Wednesday 1ast IVES holiday and that
collection day did not fall this timc.''
The Baltimore Gazette states, Sept 13 that
''general trade is certainly improving, and in all
branches OF business there Is fair degree Of nc.
t,itY and rule prices for the principal staples
are we'll supported There arc, however, no epe-
cal changes to note In the stuation but generally
the outlook il satisfactory aud encouraging. The
stock market here has relapeed INTO condition OF
dullncss, and to-day the volume Of
business has been light. .
The Philadcfnhia loan market il said by tho
Ltaaer Of the lIth inst 10 bc stili quiet and nm
changed as to rates. but nearly every business man
seemed to be hopeful OF the futurc.''
AT st. Louis tile Globe Democrat Of the 18th
inst. reports that sstilcre was no change in the
routine demand for money at the leading banks.
A fair business vas reported by sonac and light
run OF offerings OF paper By others. TN the whole,
the demand may be termed moderate, covering
1our and grain mainly. The country demand was
light
GOLD AND GREESDACKs.
Gold was 1o22sG1103.s in grccnhacks.
Grccnbacks were 971:G97 cents on the dollar
IN gold.