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Commercial

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Parent Issue
Day
14
Month
April
Year
1871
Copyright
Public Domain
OCR Text

New York, March 11. Money has been somewhat stringent throuxb the week, from au attempt by spec ulators to produce a lock up for their own purposes. The rereipts of muney from the interior have increased, tbus apparently defeatinu; the scliRine far the time being, and the market i easliT to-riny. Govern ments areürm and a trifle hlgher, and the foelingin the raihvay list continúes, the leèdlng stocks havingr arlvanccd and to day the feelhlgls more buoyant thin for soüie time pust. The ftnanolal situation hoth in New York and London, is In a somewhat unscttled state, the former OWlng to domestio causes in coiiiieot'.on with the financia! pollcy of the iiQYernincnt, and the hitter ti) the fiiot tiüit neariy ill the leadlng powera are in the market as borrowers, tlie ainoinit óf the feovernment loans now on the niarkot aggregattng fii.SOU.üUU.OOO. As Londun is the fonoei ihroögh which these loans must uil puss, tlie digestiva power of Jts financia) stomioli will bstrled severely, Wheat anil flonr liave ruled stronger yestenlay an1 to-d.iy tlian dnrlilg last week, and prices close about the same a? at last report. La trut cable advices rrpresent the l.ivorpool market M stron!; and advaodDg Coro seems on the downrard grade Indicatlng a permanent decline, belng ö@0c off on the week. The Liverpool market la lower. Éopa are firm at fi@!)c for western. In Philadclphla, New York and Wisconsln hops are quoted at 6@12. Detroit, April 12. The changeablo weather restricta' busl ness. The arriv;i!s of wheat for th'j week past have been nnus'ially large for the season,tndications that the farmers are seliin somewhat frcely. The mirkut has rated weak part of the time, but closes steady at aboat last week'a prtoes. Extra is qnotabie at $1.55@1.56; No. 1, 91.60; and Amber $1.4(5. Oom wem to fare better here than at the east, o ring to a llght stock, and prices are maintaiiieil at 0303. Oats nuchaoged, but heavy, at 54@55. Hirley in fair request at f 1.30 1.50 lor fair to gooil, auil (1.001.65 for choice. Apples, $'i@r per bbl. for gooi soaud fruit Beaat) dull at $1.8Oal.7O for comm.in to f.iir and $1 !)).i2.00 for good to choice. Biitter is in ftee supply, but the supply of gooi is not large. Prices for best lots are 2021, with poorer ruoolog all the w.iy down to 12c. Oheose steidy at 14al7 fair to choice factory. Potatoes cöiitinue ürm at 0a90 in Imlk.

Article

Subjects
Old News
Michigan Argus