, 1879-01-22
FINANCE AND TRADE.
Scarcity Of q Per Gents in Chica.
ro...Giut OF Gold at
Omaha.
Tho Foreign Exchange Market
Speculation In Stocks In
London
Ths Produce Markets Active and Ex-
oit>d.-.Provisions Wheat, and
Corn Buoyant.
Hogs Strong---A Hard Time for
the Shorts---StockS or
Grain.

HOGS Stronq---A Hard Time for
the Shorts---Stocks or
Grain.
FINANCIAL.
There Is scarcity Of 4 per cents in the Chi
cago market, on account Of tho dolaY OF the
Government in filling orders. Dealers hero
were bidding par aud II for bombs. The selling
prizes u 1ou1Gf loOH. The 6s Of 1881 remained
thu same Mt l0stx; the 5-o0s Of 1877 advanced |
u, 10 101M, bnt tho k90s Of 1868 wcra ut7-
changed, at 1oosi; the 104os advanced 4, to
loG9x. Tle new "a ct 1881 veto OIL A, to 1p65{. |
The 45Ss werc steajy At l05A.
Gold Is selling at 1001{ in Qrecnbacks. The |
demand Is light. A new and Interesting moro |
mcnt In the circulation Of gold in this Country
IA Just making Itself felt. a supply OF the coin
Is making its way overland from Call /
foruia. Bankers IN Omaha report that
they aro flooded with tho article and
refuse all they tan Of 1t. They anticipate
difficulty In keeping their balances down.
TITO glut OF gold at Omaha arises from the fact
That gold Is too plentiful on tho Pacific coast,
and through the railroads Is being un1oadetl
East, Just ~ silver was previously. One Omaha
bank on Monday refused To give Rreenbacks for
s5D,00O gold. The people Of the Pacific coast
lavc lately given several indications Of pteicr
cncc ioE greenpacKs over COM A"e essseupasN1'
while they were deprecated paper, we're re-
jected by the CaIlforn'ans' but now tAat they arc
at par with GOLD theif superior cohsch'ehcu -
winning them popular F1asor. sl'ens P's9''a"'
has recently been paul IN san ffane,seo LOT
Ereenhaeks. II tic Californian set t.,ons'5
upon this preference ior papcs' tneY "itl aena
many milllons OF Rola 'nio cHeuauo" ~ t.'o
East and It Is altogether psooao'e 1nat tac n IN,
lux OF gold that 10 now 10 nc seen IL ou'aos
may soon make itself telt IN ch'eaRo.
The amount OF gold IN inc possession o1 tt,e
people, and hoardcd, Is larger linn commonly
supposed. A~f1tor IN the F'ad"e'at t"soeee'e
thinks the figures as given BY Inc m'ns report
OF *2f1.ots3,doo a. TIC amount u Roiu III u'e
country nfo m3ch below ttfe realty. lie ta5s:
nt whefs y i Oh = inc asna 'n9aast 1oa .ns
felt. 4 fsw uays since ~ met d New jersey farm.
rr,-hy no means wealthy one: and, falling Into
WIZ num- sn,a Wv lt;e IN in 1aH
hai orcr fifteen handreti dollars and Kept il for
sctera Jcars; but 1na!ty. when lho premium n began
y" do;,.p ina shat WI stsy taers mi 10
many Other Nav jerscy farmers, and stlli more Of
some other states' with ~ large sampler
Foreign exchange business waa auses. 1Ao
postal ratcs TOT stefHaG hete 4so anu eass1' win
actual ttnnfactlons a. soo>s aha sesa' 4t'e au
vancInR tendency OF sterling, due In part 10 Inc
homcward movement OF per tent Hosefn-
fcHts, called or to be called. ms not been sef1-
ously Affected a yet oy Lonaoh SUBSCRIPTIONS 70
Tue prs cents. 1t Waa anticipated theso mi2nt
DO heavy enough TO mako someta'ne OF IN on"
ret, but they have NOT yet bcch lafge enough.
Sterling grn'n nnd commercial bills were ae3A
in currency, md French grain al'l commercial
hills bs.339 ID gold Inc suoply o1 n'a!s was
moderate. ...-.
.f.- fr4nn &nrxk