, 1879-07-01
Governments Weaker---
Foreign Exchange
Lower.
Chicago Monetary Matters..'The
Stock Market.
Tho Produce Markets Active---Provis-
ions 8teady---Corn and Oats
Easier.
Expiration Of The Deal In Juno N1tat-.A STEADY
cltslng.. ...Insptslfon Of Grain During
Six Aonths.


Mn 't'"k"af
FINANCIAL.
Government bonds wero weaker. There we5o
sn'cs.n Now Yort ip tic morning at 1GA although
the ns1;Ing prtco at tho close of lust wces 'ras
held at 1G3l1xGbl134. in Chicago the price
bid wns lo255<, n,,l the asking prize WAS 1os lie.
funding certificates declined hero from ftf!!14 to
1Gs.5s bid. The local demand for Governments
was only moderate. In Now York the demand
is reported as heavy, hut the price docs not
show II. nanI;e holding 104os as security for
their circulation afe saitl to Re buying. The
figures Of tho Withdrawal Of circulation and tic
ISSUE Ut now dlar1oso thu fact tlmt tho Nationa-
bank circulation is not bcia. contracted, bnt is
Increasing at tho rnte OF half million wce's.
Foreign exchange continues to fall toward
tic lower lcyc, natural at this sonson, In Chi
caeo stcrtin, grnin-b!l!s wcrc 4a1S for stxtytlar
bills ami 4s5i< for sight; md Facneh we're 5ol 4
for slxty-day hills, and 51DH for sight. The
nctuai ChicaCu rates for sterling wcro dS1}S Ant'
4S71. III New York tic actual ratca Wcrc 1864
anil A9711. Tho postcd rntca for sterling were
4SB1<(1.tS1!<. French bankrrs' bills were 5l5GS
5l7h.
Consols opened and closed at Of t1-1G.
Chicago IA sclltllNE considerable amounts Of
currency to tnr country every ,lay. I.argu or
dcss arc received from the Inferior for New
York exchange. which Is IN good supply.
a fair miscellaneous dculal..! for discounts Ia
reported by the ba,,Iss Rates nro 1, 3, and q
per crl.t on call. aud 7es u,nl n11lU per cent on
tine. Bank elearlilgs we're $.,Soo, 0oo.
West Division City Railway per cent ccrtlll-
Gates were sold ut 10J>l ana interest. Sales
arc reported Of Chisaso tity Is of 1855 at
lt7a "u 'nscscst' " 'o'p ~ t''9! m'." 'n'siesli
n'ld ot water bonds Of 1883 ut l1a1ld aud inter
o,,.,,o, Ia ~, ,o,e. 1~h,1tn ,,,ss. .,,,atat,,,ns
anrNet , ~ ~ 'e"ee = ue.o" enssn ' qaosa,'o..
tountnttous rvc,trd n 1t,ht day nx f,r as tb,.
,n,a, .r.,,s,.,,a.'. ,,s., o,,,".,,.1 ,,,. .,.,a,
tota' transactions were c"necTncds ''t PRICES
re,nrcrlnp sarious ,1ec,Iur. n tftrn hannah.
49,. ,'s",. s..,,.''. .,.,n .'..a '","
aat SERIOUS oFea's io''o"s an'i pefaou attef
5n,,noee nm mn .Iorc cro rnt tisfnt, ri =, h-o,t
uA'lessi ont III o'l-"e wv SeI stst"'e VI oteA@.
oh Tue contrary, lhe 1eH'pefoI i'ie Pubic atf!
the market po'at fatnes 10 aa extension OF
speculation 'nto new 'sls's ''sc mining INC
announcement uat lafee s~afns 0, GFass'
hoppers nave maoo sl'c'f appearance IN Dakota.
Iowa. and siin"csota, a"a arc doug g'aat deal
o. aatnaee III aao "aea'' '1'a. noL eHeet STOCKS
NoFthmes. common maao ~ 70 oGS
Sa',.. .,Sht, ~
tue p'e'eFfeu =, 10 a3's. northwest
pfetetscu 'ost ~ 10 w. alten'9ah tentrai "as
quoted exulguena ~ per cent, al'a declined
=. 10 ma Lako ahoIe "as uowh ~, 10 'o>s'
unaon facisc uceslnea q, 10 ,o's, aha Louts-
Vile - Nashfiilc q, to u. ohlo ~ Mississ'ppl
went down from laH to l3}9. It IL said that il'c
inicrest due duly upon Its ilsss mortgase
bonds will not b' paid. The courts haVo 1or-
b'ducn tue paymcnt, anu haso ordered i!.ut my
Gums RESERVED Tor this purpose st'alt DO directed
toward cance'ing one, ut least Of tho $'5o' 600
loans which thu Company has made Under tho
pledge OF "sprinsiIcld oonds." Iherc would
still rcnain, however, second sl5o,oo0 loan
made upon thu sauo kind OF collateral, anl the
presumption is tllat this would also bc required
to be ilqaidaecd before my payments Of interest
would be permitted upon outstanding bonds.
IheupwardnI"vemcnttn haasasCitytSN Northern,
supposed to 10 engineered to punish tho shorts,
received check BY a decline OF H Tor tho conf
tn1U. tn INK nti{ 1f TIM Nrr{afFah. fh,3