, 1879-05-02
Tho Produce Markets Less Active, and
Generally Pirmar.--Freights
Unchanged.
Asgs Doing IN Spot Whtut...targt Deliveries Of
Grain ind Provisions on May
Contracts.


The choice ltcs botwccn I'm 4 mr. rtnts nul Tim
dhs, Tie hitter at hrcseut r1rcs sac,n thr
cheaper, as, reckoning Them on the 1 pcr
cent basl,. they cost ah,ut 1Mk, Thu
new 5s arc nuo,r1 this morpInr or.intcrc.t.
There was au nlvaucu III 1 per cents. tn 1ltsf
bid, au.l 1p2 asked, Tho 45<s uuu the Is md
o. Of 1881 also ndyatye.t, showing thut The at-
tcntlon Of Investors is not confined 10 the Dor
cents.
The New York Ertut,tq Post says, OIL Monday:
The sales Of United states pcr cents ,crc con.
t.rs ~ ~ sa1e o nooat ~ oop por ay, nMd
inforn. rs that The demand from fhat tcrtnn IL
aemethlMc unpreccdcntct: Itmnol ut all resnark-
ascd shon nv sscimr ~ H. r ooncs waeI atc
rsn,arkale. however, thas Gal,ors os ,ha is and
~ ~ ot lSHl should ia many cases he selling Them
1881 has something TO do wIti lhis extraordinary
movement.
Foreign exchange was Hulct, with no change
III ratcs. 1he marKot Is now u''t'cr the tni'u-
ehee OF tehiltta''ces of 4 pef cent bot!tls to
Europe. In IhlcaEo sterling grain bills were
20, H a''' FRENCH were strong 1T 5ah Tic actual
Lhta4o 'ates LOT STERLING wcfo 4so anu 1s'ts.
~ III Ne" iofS t'lc actua! rates were 4sl' mud 4sI
rne pos.eo 1ates lor sterling we're ~ n'M iss}>S.
ftSa ~. III oeaNefs, p'1la we're olf96 a''a hl5'
l"efe "as no quo1nt!oi' OF consals from Lon-
eoa' ~ e'o uaS 10 u n'lahe'a1 notlaay IN ac-
5oune ~ l'e se'h''a'lnual settlchient6. The
u"'9 y. 1nel sesu'ar lhussoay report Ior
~, aic "eel> sho"eo loss e1 bullion VI S375,00o.
"e piopoF'to" ~ a.s 9cser'e 10 iahlIitlcs las
e1e"es" " u7s' l"e Lonaon quota
w" " s"ser 'las risen ABOVE bo pence
~ o""eo y, io' '''o "Isl tlao III many
.non'ns' ~ t1c pI'ee "os ;uSs pcHcc per o,fncc.
"s cmcel apou .',e pf'ecs u fil9cr ana golo Of
t"c snYe9 'ce's'at'on OF 'nss country Inns
ncsalHe" tle caleu'atlo's OIL aome excellent
HlnAe'e,s' neetc'aty o"efman was Reported as
sa5'.,s '1a1 'l'c premium oi cola would rise to
- aa.'eF t''e passage VI nc silver hlIt. The
w oeca''ao '""' UNI Eolu 'ell 6toaaiy to par.
eol.est'onatElF' great ahsahce III the prlco
~ 7tSeF was pseuaetea' Dut ala not comr. At
least ono English bunk lost heavily
hpceuiat''s o' luis chauec. Tic
I"as,o'cu Ii, 4autca"i"c BANK OF lntlla,
.,ouuuh' a''c I1'aa l.. January 1879. just before
."e passast VI 'he o'afld ell7er bill, wns "in'
.u."'e" I,'''' A''e.'ca tllat very considerable
s .,ae ~ snse' "as imminent" n'd accordingly
Tic DIRECTORS determined to make large pur-
's,aas s,,ases y. tr hope OF proft'pg by the rise
Imse' ",I ues,'oeu' ou1 tle oanR heid on to the
w NV .Mo ,!eo'S l'a1 to rise wus only lem
ro'n's' LII ame losS so laF on THIS silver specula-
--t.-EN
aIscl IN TINS country In tho losecs Of some Boz
ION oahkS' "'',ch at thu same timo bought gold
,or s1se' anu III consequence mado no dlyideuds
III ,ne hcxt quarter. .......
Doara OF ifaae monthly settlements gayo
the banks most Of their busiucsa, anu In.
creased tlie elearlHss to ss,700,o00. They arc
expected to 10 still larger to-day. BANKERS re-
port kooa acmanrt 1or ionns. Numerous cu-
Gugefnent" ',ASe bccn made to carry cotnInodI-
tics ami securities for months ahead ut rcmu-
noras.'e fatcs. Sons OF tho banks sce pros
rcct for better summer money market thau
usual. Ratea aro uo~ tNt per cent on tie largo
majority of transactions, witt, few loans on cali
a. per cent, an'l son,s small ones at SG910 per
eent' Thu supply OF exchange ia good, and tho
demand lighter. Currency shipments are iucon.
Siderable
There was sale Of North Division City Kail-
way bonds, between dealers. at 105 n.,l interest.
llIc street prce IL 105155 unl interest, md is
likely to be aoon utlvauccd There were sales Of
Iraders' insurance stock ut liz, altl OF Cook
Mt f++.