, 1879-07-31
Governments, Foreign Ex-
change, and Dis
counts.
Mines and Mining Stocks In Chi
ca4o..-Tha Stock
Market,
Tht Pro4afs Markets Lea Attire, md Geaerally
Easier, hut with J1uro Steaal.
ness,
The Decline In Wheat Partially Ar
rested by Emallor re.
ceipts.
FINANCIAL.

There Ii less demand than there has been IN
this market for Government bonds. > At the
same time the dealers arc selling more than tho |
local market supplies them, and are compelled |
to send to New York for bonds To keep up their |
stock. There were largo purchases yesterday IN
New York on Chicago account at 102, but no
more could have been obtained better than
1ooA. The gs Of 1881 were 1925 md los. The
IS 1033z mud lo415, tic new 40 t06 and 1oo59G.
aud the Is 10l}1 amt lo211S. The recent wcnk-
ness In Govcrn.ncnt8 Is attributed to the return
Of bonds borrowed by members Of the Syndicate |
for deposit With the 8ub-Tresaury, and re-.
leased ~ the anal settlements arc madc. Thu |
returr. Of such borruwed bonds is not set ended, |
but enough has bceM done to make the MARKET
pretty full OF bonds seeking money On sixty amt
ninety days' time.
Foreign exchange Was Rteadcr, with very
su,alt volume Of transactions. Posted rates
for sterling were 4sS nnu .ie'; IN Chicago actual \
transactions were at 4Sot5Gi+s2ss< and 4sf1S. |
New York actual rates were 4S}tInt 48ts1. ster-
ling grain bills were ls0h and 4s221l4, French |
grain bills B2i16 at,d 5a5. French bankers bills
were 6222tH apd CO. .....
Consols were unchanged nt Of f5l6. The |
traffic receipts OF tho british railways for tlic
last half Of the year hayo just l'ecn published,
and, unlike Tic earnings OF ihc American rail-
vAya, sl,ow deercase This amounts to an
aecreeatc decrease OF nyer pcr cont OIL the cor
responding period Of lust year, anil at first slghs
docs not seem to encourage very favorable ttv-
&lerll prospects. Great efforts Mt economy have
been made atMl clarges probnbly In many In
stances postpoucd, 80 MS to ttle over the bad
.timcs with as little strain upon the shareholders
: 40 possible. At present the market estimates
ot tl,e forthcoming dividends, generally based
f..Fo *1fn $tut{
payments wtll In moat cases be the same as Inst
year, OF only very little less.
Chicago bauk ctcarfngs werc u, 5o0,00o Bust
mesa was light. Discounts are quiet, with rates
unchanged, at 41G por cent on caII, ulld 7te3 per
cent on time. The currency movement coutto-
ucs to be In favor Ut the country. Orders for
Euw York exchange arc hcary.
8a1es were reported OF West Town Is at 1OB4
mud interest, and Of Chicago IL Of 1884 at los
anu interest.
Lea1vlilc, lilso charity, is now covering n
multitude OF sins. The SUCCESS Of certain
gentlemen Of th!s c!ty ln mining Investments
has led many persons to attctnpt like sue
cess Il, the came field; on the strength Of Leal-
yl1lc other Colorado districts have beon brought
prominently before tic public; stock companies
hays bcau formed for The purpose Of deyoiUp-
ing claims all up md tlown tic Rocky Mount
-
a'es' unu ~ suss JULY - 'arso "uu eonssau"J
.ns'tss,l'E @ ous,uess =" 1ls sa' " euasss IL
oe'ns oono ~ t'e o'4ees ~ t''s o'tiefs"s eu.,.
paa%a ee4.'",su tasoas" e'neuso 40 yst s",s
=; W. .aau, ~ 'Itns. 's ..e'.nsi.
utaas. T. :" sou'p"u'ss
uasa oeen 10Au'a'a osau1eu' 10 n"s, a"'
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