, 1879-08-21
FINANCE AND TRADE.
Governments Strong and Woak---Tho
Foreign Exchange Market.
Finances In Chtcago.-.Anothor
Break In Stocks.
Tho rroduts Marktts Atttrt and lrregu1ar.'.rro-
r1sions quits Keak...l1og1 EasIsr.
Wheat Fi1mer Ear1y--Breadstuifs Gen.
orally Closed Lower.



Tho nar cents openea niRher' q. lolss o'a
and l019a asked. In TUG afternoon thcfe was
decline III Now York oi q In ths b'd price, 10
1o1A. and of u III tic ASKED price, 10
1olM. This carried Inc asking price 10
Chicago down 10 lol;s' liner" mas
been bcster actn!"a ncFo ior Governments
in the Inst Two or 'ifee Gays. az ,aF a. can w
1udred IN Clocaeo the osIy oo''aele .'at pse'
vents Inc n5hu'ea'o oa, "h.t ~ on .*mo ao sl''
their bFoKese, lFos. ee''ne Luz es'"oeo pu,"" ,'.
Sill oh t"e.F "an"' - NV P.ee' ~. w.
cago bank ms au otaeF III w" iosH 1ot
$Ahuo 70 ~ 1o'' a"a ous pa,A'tS 70, ".,e ,,, 4sc
buyers u, tne otsas o. n ,ass n, "esh tMe "es."
banks sun 'lo'u e'1ooey .,ss % .as1 ~, oou'
security LOT tne's e,te''a''o'., a'''' WI" seas
esueu ."'e,.s ',' t...a 49,, ...,soa,, ,,,ats
prizes ou. ..c ,tae m,'. ~ s.* '', w." 49,.
los ao a'u ss I'LL, h"ra ~, - ,,'o. %"o nt ~
sShuisale so'1 ~. ~. IT,, ~ ~, ,s,n h.n,s n,s
'es5 "..'s s,.,, ..,,h tha 1.ra..nry ,1on.rt,non,
tesus ~ ra ,roo. T., ~. ,nar,,,., ....
oc', l. ~ marornna,,. ,x"ro fa~ tba q, 1nas~
teF"ay ~. .,, ,as ~. T.. 1n7,x hi a,,, 1n,n
a',u ~. 49, ,t,c s,/s tost1 h,t nnd 1o;sT ae1,cd
asxeu' ~. aso,,,n1o @ ,,.s t,u11 wtn = ,nodcr.ta
r"ek IN, ~ r,,Ir = tIrht d.,,,,I po.tnJ
tupp'' ~, y. s."r,,n,, 1nra Is,,l0aasix A,,nn1
latcs ~. =. rs,,u,,s'. ,rosn ~ aa, a,1 dc1ir
unuaa' ~ Ma,r Tori, ,roro n, ae,II NM, aett[
III" ,,t.",,, ~ I'M. ,r"-o t~as<cSs-n o,,, nj
Ete.''s1 xrat,, h,t,a ,yora s,sf< an, Fronch
. .,.., t,,. ,ruro r,a,l mud Eo.5<
panH.o .,, =. ~ in a., .,..,,
=, trha u,nt, ~ I,,,n,, .,.t...I
n ~ .oo -" ~ pe'~
P'o'euo S,, ~ eA"' .,' .,.t.-.,
~ ~ 1,.'"" .1,<. .,..' ."..'s1... 49,, .s.a
ou''' ~, ,c,n w s.'. ~ M 49,, S', ~9ao ".a 49,
oil time. Currency Is going in steadf. but not
Jet very large, stream TO tie interior, aht Is
being received daily Iron. Ncw lork. lhe i'1d!-
cations a The fall trade which has already
opcncd, are that purchases "'ll he unusually
large, and TINT tic money which Icaves New
Turk to move the crops VIII how back IN larger
volume md nlore rapidly than Usual. Bank
ccastngs were s3,4o0ooo.
Locn' securities are very dull. The only sale
reported was aua1l lot Of Cook County Is at
Chtrora 1,ankcra ref,,se In hctjcys IN tirht
,.o:'n. r. ~ fa,, That ,,,oro .1,, no aasa ns
money Ior ta!e .a.'' lnaL t1ero VIII pe more
nht. ~. . .
~ ,.,a . , ,s, aJu. ~ ,Su
ao'e cap'tal' Whh me low level at'"h1s'a prices
generally are held, ard with Our access, thanks
n the rraunnt,nn nj sner,c pavmcnts. In thc
money markets. OF lAondon and Paris, there ts no
cltance for strlngency. 1t ought TO take two
years OF prosperity ard gradually rising
prices to bring the loannblc capttal OF the conn-
try into such demand as to create an old
fashioned tight nutulnn money market. II this
giew Is correct. the preseut strInGuncy Ia tctll-
poFary. The wcll'known tatt tlIut large loans
hago been nude by New York hanks to par-
ties who hnvc not used the money proves that
slis tlEhtness OF money ts largely artificial.
Wall street. as usual, has discounted III aayancc
Vic financial effect ot moving the crops arHl OF
tie fall ucttyity Of business. Tl1e DaaH ,Duhetia
nf Mbn,]ny says al,ol,t tllr New York monsv
I,,,,,,..
A21het'
Although rood hprrowcrs had MI di{r1cu1tv in
getting nlonuy to-day in this 1nrkct ut /; 10 pcr
cent, ihcre II very uueasy feeling in tic market
on account Ut The i6w rendition pf thc bunk rc.
scryea To those WHO uIldcretnnd the fnntter this
fear docs not uriaa from Trcusury ncrounts With
nsc.,t ,".I,r -. e1t, ,i., nuS ~ IL s -,
fhis iutncu xii rcg,its but cUmparatiyoly sms!.
rns, transfers r.hrr wav RI" p"n; tc"r hn,r.
ever, arises from thu enarrcu mercantile demand
70 move the crops; thcss cctnands coming on the
Wien considerabju onn,,,,. es the,r acc5Ipnoda. d.
tlnns y extended 70 Stuck ESehanEs people. The