Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1859-07-11
RNnM NEW YnRK.

NEw YORK, July o.
The close Of the week brings with il the lnest
indications Of the relaxation in the money market
expected af,er the heavy payments incident to the
first OF July had been provided for the tendency
TO increased e0se, however, is not decided enough
to effect materially the rates of discount, Il mani
Testing itself chiefly in the negotiation Of call
loans
The abatement in the gold export seems to have
contributed TO the ireer supply, aud ioi temporary
usei - per cent has been accepted TO day Ou
irst class securities. The selling figure is per
cent, at which lenders are more numerous than
carly in the week On paper the rates for long
dates are fully sustained, AID in most cases rather
more desirable lists may be had at per cent
while short bills are still scarce and go readily al
q q @ l-2 per cent
Tue general temper Of the stock market to-day
s not so satisfactory as yesterday, but yet there is
no material concession submitted TO on the better
class Of securities. The weakness IL confined
mostly to several prominent Western Railroad
stocks which are pressed for sale Tor future dev-
cry.
The weekly bank statement closing to day will
include the business Of only five business days but
nevertheless will reflect the heavy movements Of
the week.
The Batk specie 10 erve will Sc think DO within
2,2oOOOO @ q 100000 againtt 20 400, 900 dollars
last week. The loans are expected 70 show fall
log oh The total exchange through tho clearing
house for the five business days Of his week were
iOoioootio an average per day OF ZlutlIl 90 dOls
lars. The Bremen Tor Southampton to,dsy took
IN specie 59O,643 dollars. A Telegram from Phils
sdelphia this morning to Thompson Bros. reports
that the notes OF the banks Of Lawrence, Pa. are
thrown out.
A five per cent. dividend is announced to-day
by the Cleveland, Columbus and Cincinnati r. X.
Company payable August first at the Oflco U. s.
Trust Go. Annexed is the official statement OF the
business ot the half year gross earnings for six
months ending June Both, 1858, $3.50 7g6 80 ex-
penses for same time including taxes S246,425 20,
net II six months S24O,37l Is, per cent divi-
dend declared July 9th, 1859, IS 81, ,305, surplus
',ooO l3. business on the Corn Exchange has
Oeen mure active this week being iuhuencud in "A
great measure by the exciting European war news
the fluctuations in bread stufi have been quite
sudden at times and especially in nour, but at the
close the dull Accounts from Liverpool seem TO
have corresponding tieot here.
Spccu alton in provisions has received little or
no encouragement from Liverpool advices, and the
general tendency OF the market has been down,
ward with only occasional buoyancy
The business in produce has been slimu atod
most entirely by tho home demand, the shipping
enquiry being suspended
Tue Pacific mail steamship Company completed
the purchase of the Collins steamers, viz; the
Adrauc, Baltic and Atlantic. II is the intention
OF tho Company to run these boats on the compile
tion OF their contract with NJ o. Roberts, Sent 80,
1859, to Aspinwall via. pana ua rail road in con
nection with their line on tho pac Go. Itisunder,
stool that uniform passages Of eighteen days will
be made from N. Y. to San Francisco.