Rensselaer Union, Volume 8, Number 41, Rensselaer, Jasper County, 29 June 1876 — FINANCE AND MARKETS. [ARTICLE]

FINANCE AND MARKETS.

ftnr latest reports in this department are for 1 Monday evening, June 26th. From the Inter-Qcean comes a statement that there is increasing talk of dull timos in banking and monetary circles, and also to a considerable extent in the jobbing trado and in mercantile affairs generally. They hope, however, that it is no more serious than the usual and expected summer stagnation. It is thought that the present week will be really livelier than after the 4th es July, because now a great many transactions are being hurried up to complete them this month. From the first of July to the last of August, it is predicted, will be found much duller trade than has yet been experienced. Money is still reported abundant in the market and is quoted at low rates of interest, 90-day loans being made on good collateral securitise atiho rate of 6 per cent, per annum, and 80-day leans can be procured for 6 per cent, per annum; this at Chicago. Chicago brokers report receipts of small pack&gos of gold dust from the Black Hills mines, and the Inter-Ocean , which has oil along been very sanguine and enthusiastic over the richness of that region in the precious metals, expresses a probable hope that four to' fiye millions of dollars of gold dust will be taken from there this season. Should this hope be verified,of course it will have its influence upon tho gold market for the belter. Still speakingof Chicago, for that market interests readers of Tub Union more than any other, we notice very lutle change for the better, either in grain, cattle, or hogs. On the eighth page of this paper will bo found quotations for last Thursday. A comparison of them with what is here presented will show any important changes of a permanent nature that took place between the middle of last week and the first of the present one. For Monday the report on corn was quiet, easier, firm; on oats it was quiet, steady, with unchaagcd prices; cattle market quiet pad steady at former prices; hogs firm and 10@15 cents advance. New York, June 26.—G01d 11201125, and prices unchanged. Hogs, fat, 227 pounds weight, $6.08}. 'Wheat, dull aud lower. Corn, firm at 60@5450 for tingraded Western, 585060 c for inspected Western mixed. Oat, less active, at 33$@ 43c for Western mixed. East Liberty, June 26.—Beeves, supply light, and impossible to make reliable quotations. Hogs, Yorkers, $600.20; Philadelphia* $6.2606.40. Toledo, June 26.—Flour dull. Wheat dull and lower; No. 2 white Wabash $1.81$; extra white Michigan $1.83$ ; No. 1 white Michigan $1.27$ ; amber Michigan sl.lßs. Corn dull and lower, quotations run from 47@625c, owing to grade and time of delivery, the latter price being for August delivery of high mixed. Oats quialf-No. 2, 31$c; white 84$«; Michigan held at 82c. Chicaqo, June 26.—Beeves, well fattened, weighing 1,200 to 1,850, $4.25(a) $4.50; Medium grade steers weighing 1,050 to 1,260, $4(2)4.85; butchers’ stock $303.75 ; Texas through drovqs $2,500 8.75. Ilogs, market closed firm; culls 54.60®6.£0i inferior lots $5.7505 85; common to extra $5.0006.15; light sold mostly at [email protected]; heavy $5.9006.05. Sheepjquoted unchanged at [email protected] per 100 lb for poor to choice. Flour, low to medium winter extras, [email protected]; fair to choice winter oxtras $5.5006.75 ; rod winter extras $6.5006.75. Corn, new mixed 42}043c, high mixed 46§04GJ0. Oats, No. 2 steady at 30c, rejected 24c. Lard $11.16011.25. Butter, store pueked 12$0 140. Old chickens $3.76, [email protected] per doxen. Eggs 110l2$c.