, 1879-07-23
Government Bonds SteadY--For-
eign Exchange Detnor-
afized.
7he rrsaute Eakets hederattlJ Artiro.--Kheat
IregalarJ Ktak..-cern aud Oats
EaEier.
Provisions 0pon Higher, but 0loee Tamo--
Stocks Of Grain Here and
Elsewhere,


FINANCIAL.
There was a fair demand for Government
bonds tn Chicago ut unchanged rates. In New
York Tie asking price OF the IS weakened n III
the afternoon, to 1G2lff, but the Chicago 1nnrkct
dill not follow. Hero tho price Of the IS Was
1029k bid and 10o1< asked. Tho Gs were 104s{,
the Is 104l6, the 411s 10G}, aud the currency Bs
1o3 to 123t1.
Tile foreign exchange market Has 1euoral-
tied. The posted sterling rates opened Mt 4S5i<
and 487111, and soon aftar went down to 4A nul
487 with sales IN New York as low as 4SS7{ md
4s;st. In Chicago actual rates for sterling wcro
notninht nt 4S4 and $50: Sterling commercial
Was 4s111 and 4s31l. French bnnkers' bills woro
b1926 md 5lG1S. French grain bills were Es3' nn
5o1A. an unusual feature Of The foreign trade
at New York for last week was that The fsn-
ports exceeded the pruduco exports by Sl,Ns',-
ia Tie London Times Of June S, III dis
cussIng tho probability Of IN EXPORT Of cold 10
tho United States to pay for wheat, saya, III ref
ercnco 10 the flruncsa Of the French exchange
on the apprcheuded prospective demand for
gold for the uuited States rs result Of the
deficient harvest:
The scconnta from the French corn growing dta-
fficta certainly not favorable. and the crnp". "A
nf sunshine: INIT 1ookinr at the enormous accr.
mutation Of. guild both horo md on sho
ont,nemT ncsu'a @ H. w rn,aio pG"o,s ~
an Anrrican Jraiu tn ray for wl,cas.
Fnsno OF tho best authorities predicted last
eunHscr that money was TO bo dear hero tn tho
autumn trnm the tan'o cause. but The Americans
preferred hcis own hunit. aIt,l NJ gold ~ent at Al
On the cnntrnrs. what moyementH Occurred ;sero
Euruoe !ue % INV ha.e pcsn to l.rsr e3tcn, j,an.l
Cd hut ttcre fs no ahxo'nte pr''of Of this. Indeeh.
consaefns ine eean ALL o. re"y tnsssa r..
1:nises, Statcs fonds cxpor4ed from Errone Lnyc
1,crn npun the scaln s1nposed. !n any case. with
Inc nsees o. fnr- "" " .a "na t.rxa s
,ncnt in our reucral basinsss with the Americans,
the export Of pola ~ i4at direction 10 q eontin.
Eency n,ots W. ssrnax .aci.n" G,c i u IN
carly 10 aesume m i certainty. ''''
Consols opened n,ai rlosed ut ls 1916 Silver
declined mother Liz tn s11,d pnr ounco in
London. The Hrittsh tratio mud navigation re-
turns for June, just issued, tell the us'lal story
10th ssdrs Of the account show decreases Of
oyer 3 per cent, md the staple Industries of the
couutry, almost without execution, Continue to
show signs Of icprcsaion. Werr IL not for The Iu-
creased export Of alkali, coal, coke, aud copper,
md the minor ar.irles,-an Increase usually
much more marked In dllap.lty tl,au in PRICES
the orport ttnuc u.eount fur tho pnst
month would 10 very gloomy que,
AS It is, tic tota1 figures Of yatuc sluw, COM
parcd with juno Of last Yca7, n small decrease
mon n decrease, and ule figure. for tho fn-
pt,rts in sptte of heavy increases, hare recedcd
10 within about half Ter cent Of tl,u total
which 1her reached for June, ts17, ulc slight in
crease Of June tast 5ear being lost. For tho six
months now elapsed the total import values aro
Et72,61aa, ,oo0,-a decrease OF nI7,000.0 900 on the
first lall Ut last year, md ll!c total export
values ESs,soo0oo, a decrease Of G5,s3l.ou0 OH