, 1879-01-09
FINANCE AND TRADE.
ghnrp Demand for Government Bonds
---Foreign Exchange and
Gold.
rha produca Markets Moderately Aots
i've, and Steady--.dra1n
Easier.
Hoos and Provisions Firrner---
Stocks OF Produce.


FINANCtAL. l.
Government honda continue In active demand
10 Chicago. The success Of the Government IN
rctundnR, and tho prospect that this Will no"
proceed nore rapidly than ever unoer t"s
atirn,,lus OF tho hcasY subscriptions to the
pcr renta, have n1nrmct the holders o1 1he
senior issues Holders OF evcn later issues than
per ccnts nre selling them for conVsrslon into
1 pcr cents, aud there was a sale tycs-
1cytlay Of 414s for the same OBJECT.
Chicago dealers complain OF great
scarttts ot Governments Of small dcnotntna-
ttons. eupp'ies orlcrcl from New f0rk have
bccn delayed By the storm. AMI there u n"s
lcarlh OF $50 and 800 t'ottls Ia s.h" ....tktt'
Tho 12fA Of 1858 declined from 1ot1f to ltH>i.
Tho uex 5s ot 1881 advanced 1k, to 107. and tho
4kss6, to 1o'. Tl,c n, in which the most b,'s-
ness Is dong, sell in small lots at loo, aud IN
largo lots at o9]fte99}{ and Lin.
The largo subscriptions to Governments on
ths hrst days ef tho year were tlne to tho TACT
TINT batks held off Til ntter Jan. /, In ortlcr to
yet the new rates OF Government commission. |
l,y Secretary shersnan'a new circular, Individual
urrctaserR nre cuk OIL from tht commission
hitherto allowed them Of n uf per cent, white
banks which buy by tho million still have the
benefit Of re9asc.
There ia u atcady, though small, demand for
gold to1u at t00l{ III grccnt'aeks. -..
fkn, s,,,. ~. ~ -,,,.;., ,',,,. ,nerca.cs
Ts.ss 49,. f,t- .fy,-,nr, ,s.ton1av ri eter,,uu.
-. 49,, f.or,,, hitt, ater,;or rr,in and
s,", f. s Nil. ,x.ra as,s< T., ,,~rsnry. pnl
T"s ss.,,ss.e,., st,, s,s :, ro,d For hnnl;.
rrs' sterling the actual rates wrro 4Se3s and 49,
There was no chauge In foatcd rates. Bankera'
bills on Paris wcro EEK mud 5toN; CONNER
'''..,.I ..a' ~ .sct<: rnt,hmork al1< md 05,s:
",ssa, 81 ,css a.. c,Il;,trs on Ifol1uud.
o,,H"'., IN, .o; s'Is ~ .,..s,s, :,aN
o',s a"s .'snoJ nr, -, q, IN. Int i,ec3tn.d
- ~ ~ M Tho p,nx NJ Enrlanu raincl
H., a. - ~" =, t,,,,o ri.o mn Nj, f,t,rt sails
s,.an,to, r. lin ,i,nurra induced bv the eaeer.
".'sAe .s f,u,.I., Io,nt.. ,cs ,o,t. In aecInre
,,,s at*,1.nd. Thar. ucra 11s ,n,nt .s,.,ck banks
~ ~. 1f,,,,.1 Ernr,,n,r ,vbtci, viii, nu nrrtc-
1o,o cc,ftal IT ~ n,o .ttsa fast yeur. divided
..aaT., th.r ha-ehn,drr. n, m 5.,0 hetno nj,
a~s a~sr"ss d,vt,cna of 1sn ncr cent. With the
a.osnt,o, ~ Insurance. ,hc ,ri.otc ranoc of En
s,s,,,, h,on... c1uIn unt ,hoyr n resut. enuni to
80. 70 ,rs nass 10 ,c,ai,a wo tn1 rnoro uattor
tar.., nn,.h1pcnt. Ons dvit,en1 ,sns q, l,tcb ns
~ nv con, !. .econi,. o6al: a thlr, 81 per
49,. .rho.a worr IN Mi cf.htrcn hanks with
sen.., sen.. ~ er ss7 o,n which fcclarcd dtr-
,.nas ~ ~, M ccn. md unwar1,.
49, ou,.,,. I. .nr,,nr., tn look varl1y upon tho
,,aS,.s,aa .,,cc... wt,ch the .bovc agurc. .ow
:. .san, tncrci1,b,e Tint mt of lis banks there
ts.,,s =. ~, ,,,c,s than tonr mat rar,,ed lr..
.t'es. ~. on,,t 1,.t .re,r unI tnot t1,rtc fonr
p ,,,,,,a1ar,o.t =. ho,woar thc,, IN
o. Aos ,.,.,. rnnro liar hatf a mi,ltcn of cnoItal
nH1o ~ s,h,tarn hsnre nnv. \ mnders,eIy ac,ivc
ua.sa rfT,eds a,t1 n,sccllanco,. demand for
~..,,o5.,tor, MATS. o,e RG01f1 mr. ccnt II,
49, ,a.o. n,J e6s- n.r rc,t for c,,I 1onns. Thc
sa. s 1890, s,.ro,,,n,,t shows 1.rocr rccelnt. hrre
49, .'.;,snort. po,n. currcncv II hrnr scn,
-. Tax ynr,, Ranlt c1rorinpa ycro n iolMu.
r.saaao 49," 1s fStv ncr rent hon.,. s,,o,,d i,avf
,.s,, ,s,,.a In v..,crdnv,. nan.r a. 1fra and in
"., s" n1 .n, ira ,ud ,nt.rc.t. oaLc,,. tn,te.t
y, ~ ~ 1na
nv" w. NV .,. ~. ,.,. On, ,.,,da ~ an, fs,,rr,
- ,.,o...t Tr.n,sc,ionu co.,, u,,h, ,nu. n.
.s,. .,.leo. ,sra .,r.,,,, tho-, ~ ,,,,ls a.,
.'4..,.s. T.. =. na, ,,Ir,,..
%I''.h,.'. f,s,,..., ..,u.,,,,1 t.,., -, = :, r,
,,'s u.'s ..,'.. s-al ~ a1s-. Ta'.hsrs..s . y
"s 1.aas ~ ..,., .n1< ~ AL. 9. n.v, .,.,,,,'.
<. ~ an, ~ ,arn,', tra.1, rs,< ~ ~,
',' ~ ~. W.. ,,nt< ..',o,,. |i,ts. Ha'.s,
.a e,.~, .1,s ss's ,.. y, -. nns< 1i''1a
.',a ~ - :. ~ y, -, w.,.u.,, ru.,, .ns- :.
NV. us1us .,,'' tIt' .,ss..s,,, -, ,. ~
I';,' oa'o ~ s'''s.pp ~. .!o"' ~ " ~. ~.
~. ~ w. ~: IN W. r.s,', t.,' -, ~ n,,,
~ 10 ~ "Ff~Y Ge't.a' ,s,t - .,ui' - :" ''2s
mos.et o'1oa ~, ~. a't[ ~ a
tW'"e t.u.' ~ ~ ''1a A'o @A''4''@ so"'"s'
't.a n.' '''a w. ~. 49,.
i"' .1ues" ."4t uss''Ieu u. l"40 4"a'hs
st'ona' "'.'ose . ""'a' ~ -" ~. t.",,''. =,
HnEtn"sst pss.e''eu VA ~ ~ ~ 'o' ~, ~
~ ~ !" 'N'' s,'a ' ~ ."a'' Au"sas ~
Nos'"stm - ~ ."es..'a ~. ~" ~. nou'
Me'p A"/A -" "u' ea.fns"- Aa"'" osfaf -
0uEIt1Hlults NtahF haptAa " .sVFkAcEH H.
uAllfOQA p0Eu8 III NUN 1ufk OH alQtluaY we
HsA ~' ~ ' ''"S,''~J =. '' sA"'
lc4lk IN recoguel higher pr1eeH, new JGJs