, 1865-05-20
FINANCIAL AND COMMERCIAL


E.R1
Business Today wda moderately active both In
financial and commercial cente1s, aud the general
markets ruled frmer. Flour WAS dull and k110c
per barrel lower. Wheat advanced 213c per
bushel; Corn 2d13c per bushe1; and 0sts 1631}c
per buahcl. Provisions were also 1rner, but not
very active 4tie only to be regretted In this con
nection that the present advance In produce, par.
hculatly wheat, is not based on anything except
an unusually brisk speculative inquiry. A few
days efnce there wts some inquiry by shippers,
and aoout half q dozen cargo:s Of wheat were
purchased on Canadian and New York account;
but now the market Is football for short sellers
and buyers. and prices are run up and run down,
Independent and in spite Of the condil1on of the
markets elsewhere. Under this state OF ala1rs,
our market ceast 10 be a true gnide for country
buyers and eelersi for ne do not know the mo-
ment that combination OF bears" will be made
and result In putting the market down 6GSioc per
buehel. It eoems a. II the gold spectators had
]ef, their ayorlte 1eld Of operations and arc now
gambling and specuattne in grain instead Of gold
and stocks. 1t is for the interest Of all thst this
shonld cease speedily ~ possible, and trade be
allowed to move in it, regular channels.
There Was an Active demand for Money to day,
and the market was moderately easy at 10 per cent
per annum. Among eome OF the Bankers, hon.
ever, there Is less disposition to accommodate
mere spectators than formerly. Street rates arc
stcady ut 192 per cent per month.
Eastern Exchange Ia very ntm, ind the market
Is firm at par buying and 1.10@s prem. selling.
The supply is improving slowly, but the Bankers
hare sill to forward Currency to New York to
meet their drafts.
Gold opened In New York to-day At 130{, and
closed at p. m. at 1871. The following kilograms
were received BY James Boyd, gold broker:
i': 1G :. s:9 So F. n1s5I H.: .:1s9I
IL! 1!:5S q: a: .1sS; 19; LOO p m'''''..1a1'
Al the Mornin: seslion Of the Stock Exchange,
Gold was sod 1t 13o99lao!; but On the street,
The market opened 1t 1870. and closed at 1891. Sill
yer continues fat at 1la@120.
Government Bonds opened firm, with sales Of
520s on the Stock Board at 104a, and 104Us at 95t
but, attez the receipt Of the New York noon dis-
patches, the market closed ~ follows:
r,,e.rventis.. nuy'1Saa; 1aa s'''1osi 1asi
4fn'F orklee.... ...-+-........e... VI. VT
Cock County Scrip was .In better demsnd; with
fAles on tho Stock Board ut et for new and 81 for
Old.
The Cook County War Fund Committee advertise
War Fund Bonds for sale st par. They bear IN.
tercst ut the rate Of per cent, payable semt-an'
uual1y, aud ara payab1e In is, 20 OF Is Jears. as
preferred. The County Treasurer is prepared to
sell these bonds In denominations Of 81 600, $50
AAA kAVV1 80
The Pennsylvania National Btnks ha7o great
II over.tseued, aid the Comptroller Is tahng them
in hand. They will have to diminish shefE c1reu-
1ation Immediately, or they will bo closed. These
Eastern bankers need watching.
- Oil Stocl2s in Philadelphia ruled steady On the
18Th ut tho following quotahona:
Big Tank. 1.5z DenlmoEe ...;:1.1 S-do
RlDEO ,............ z.6t ~ Cfeek g v. H.. <'1s
Royal. ......-....... g Atlas. -.,--...-... e8
Keystone LSt q tl1tocA .ss'..-s zssN
Cherry Run. 2.31 Cornplauter ....... 30
Naple Shade 1890 01mstead .........-1G e.
Ulmstead ..... 16s Story Farm........ II
Dalxell ,,.....,.. 4.97 Caldwell. .......... ISL
The future of the national debt Il becoming
The suhiec. Of epeculation IN both hnsneiaf and
political circles, and It IL probable that the ques-
uoa will be vigorously ssttated BY the next Con-
Eress and reduction Of the rate OF interest dis
cusaed the same to take effect from the date at
which the respective bonds mature. OF the ak
ner cent gold bearing debt, $50, 800 L re-