Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1865-04-27
FINANCIAL & COMMERCIAL.
FINANCIAL.
MORNING LEADER otEtCs, q z.

MORNING LEADBh
"WEDNESDAY EvEsING, April y, 1850.
After numerous u.OpPsgss rendered necessary By
the duties attending The ob5equi connected with
the death o. President LlnOOlu, business was once
more resumed In New York to-day, and as no fur
tber Interruptions are Necessary for the present at
least, the busin IS OF the c-uutry will probably
soon adult Itself to Its proper scale, and the move
ments and interchanges bst~sen the East and
West that wait upon navigation be commenced
with whatever viEor the demand In either section
sh,l warrant. What tNe course Of trade ii to be
IA tbs near ture i, question not free from many
cont gsncIes which rel der it more than u'uAiiy
uuoertsiu. But ths season sdvsn5ss With grow
log confidence on The part Of mercantile con mn-
mites in a liberal and osperoas yesIs business
and u, on a sc ,le much nearer the iegftmste Than
tss existed a; any time since the treaSiDg out O.
the rebellion. The rapid melting away Of the
firm OF the Confederacy-fOr it hiss no longer a
substance gives gratifying promise Of speedy
rsturn TO the old order Of s.. with its fesuting
advantages to trade, and the rturn of ths armies
70 the aToeit!ons # peGoe quoks ming the industry
and adding power to the energy Of the country,
,bie at .hs sane TINA increasing the eonsamptivs
demaTd for rl1 the nectsa'ies in the proportion
tbatths realize more for their labor ford reasons
-dfactory for she expectation that ths business Of
lie year through the legitimate channels Of trade
is to b, among the bes; the ry hes ever seen
10 thi, prosperity-if We may same it certain
the West will inquest onsbly receive ths Hons
share, if she is true TO her inter SITS in pursuing
straightforward course, and keeping clear FROM the
deransing Influences of speculation. The East is
doubtsdIy well nigh emptisd OF her stores, and
from the gransries and storehouses OF the W-st
81. fhar
pc ofths country in great part be fed. 1t is upon
this hypothesis that her merchants are now ho d.
ing firmly to th.ir stocks and keeping msrgins
we'll Up If they but exercise tue economy in
this and remain on the prudent side, avoiding the
danger of exciting speculation IN others and steer
ing ele.r Of it themselves, theT prOsperi wi an
ply reward all their EFFORTS.
Brsinsss was active and buoyant IA Kew York
today particularly in stocks for which the 'Pess-
Ia i've feeling is on the Increase. The market was
strong and generally better, oiosir sery firm. Gold
however Iecs5ed to-day, probably influenced BY
the proximity of the payment Of the Five-tWen'y
May coupons, and IsrtIy psIhsp1 from the fact
that many Of the oPs atofs are tanning their att
ton entirely to Stocks. The price opsntd this
morning at l52, but steadily fell of, aud after cat
at Gala hers Exchange this evening sold at l4s5
II 3
Tsn.fJrti.s taking the lead in the upUsId move
ment.
In this marbet there Is more demand for spec-,
growing cut Of the lumber trade With Canada, but
there Is not much ofsriny, Brokers were paying
1919 for sold to-dsy, aud selling chiefly at l52.
silver 4Oa14s buying, the inside for small Pi ces,
aud I46 selling. Five-twenty May coupons l4a
bdying. There is very littls ing hers in Govern
mens.
The LEGAL money market is Rbundant'y supp led
with currency, an the demand is only moderate
Ex hsBgi continu- oIose, but is gen rally lie &C
tive. A week or two will doubtleEs repair al zen
clences. as within that time navigation eastward
will be thoroughly open ami shipments have freel!
commenced Rats are 1t Il held vt per buying
and 1S94 premium selling.
! Money in Cincinnati continues easy aud rste
on good paper are liberal. The First Nau'na
T.apk Of that city y,5tsrday took the fual step i
III, currency reform BY throwing ont Ohio money
snd the others followed suit on their exchange
one with sno'hsr.
The New York Word OF TuesdIy ssys MonH
lenders sre unabls to employ their balances even
tour psr cen, , and frat class borrowers are ofere
more than thev can use at to per cent on s oo
collaterA,s. The general ma ket IL quoted cay &
5 to per cent"
The subscriptions to the 7-3o Loan at the seeon
} National Bank to. day were s2l 400 at the Fir
NstionaI $500; at the COMMERCIAL Eation'
$4,000. Tho aggregate reported by Jay Cooke f'
to-day exceeds four millions.
During the week ending April s2d, forty eigi
new Nat onaI Banks were authorized, with az 81
gregate capital Of SIS, ,s9O,O2o. Tho whole numb'
of National Banks on the 22d VS. l,OH, with 6
aggregate capital Of s.46,954 l7O. Amount of cu
ncy issued to them to same cato Sll9,9 ,soO.'
krions the lest designated dePositorss OF the Pul
lie money is tho Commercial National OF this cit.
OIeye and Evening Stock Exchange
WEDNESDAY, Ev MING, April 25 1865
The Secretary and Treasurer OF the stOoh Il
change makes 'he folio wing official a. nouneemsn
At the session of the Board his evening" It wi
T resolved TO adjourn for three months tom date
: D. O. wA5HfNQTON,