, 1865-05-24
FINANCIAL and COMMERCIAL

TUEspAI ETEi1HQ. Msy q

TUESDAY EVENING, Asy -, 'GS.
The increatcd demand for gold for cxpo.. Ia
New York for to-morror's steamer hiss stimulated
The market to-days and quotations hive ruled
ehsde higher In consequence. This Ia ualnly the
result ofpurthases Of Government and rallr1ad
securities In ENGLAND On American account, male
after the receus break In gold, from III to lao,
which enstled spectators to buy on the o,n-r
eide Of the Atlantic al lower figures than they
could On th!f side. OF conrte, any sd
vance based on such operations can only be
temporary; but as the;e 10 resy active demand
for foreign metchsndfec In New York 1t present
II good prices, tt Is deemed probable hst 1upor.
tottonx Of goods will be Increased, and that th,A
will terd to tustaln quotations OF gold. Ths lat-
ter view OF the tase Ia supported also by the fact
that the Eastern Markets arc ut preeent alu1nst
entirely bare Of produce, and that the exports
must be ll.ht for some ,tae 10 come.
Such IL the theory which those who faror en-
HANGED prices encourage Themselves with bu.
uhtn we consider how u.auy bean,lial iheo:,es
hare tetn tashed to fragments By one stroke o,
the Secretary Of tho Tre2sury's pen within the
last twelve months, ue wopld It'll advise csu-
tfous and prudent action on tho part OF our mer-
chants md BANKERS. II the rumots tea. como
from Washington Of ! determination on the p1.t
Of AF. AcCu!lech al an early day TO e1rtail
the cufrtney, arc correct then Ill OPERA
iions bstcd on m advance IN gold to
TO will prove d1tastfGus. r. for fastznee the $a8
CO., 90 ct interest no,es s1iost are sesize5,tt woud
make a gap IN tbe elrculatlng medium which
etuId not fail to Re felt IN Eouvt.:y and CONNER
cia circles, md Fcst1atn very mat<rt11ly ths Wild
tpirtt Of speculation that at present petva
nearly Ill etrclee. A,aapJ rate ihIs Is : matter
which no huafnefs ms1 0neht 10 lose sight ol.
Business in commercial! circles IL confined Min
! ly 10 q fpeculstiye demand for produce, p.iscl.
p21ly Wheat and Oats. DuE1ug the past week We
Dotc m advance In prices OF 9blyc per 1nAre1 On
wteas, a95e On Corn, and sa9c on Oats. Pro-
vistons Of Ill kinds. however, hsS6 suffered ms
ie.nl Decline and the market Ia greatly dapre.scd
The receipts or produce continue very light
During the week ending A.y 9oh, the receipts OF
What were liz ESQ bushels, against eh3 ola dur.
Ing tho corresponding week OF last year. The
shipments Of wheat during The week were only
s5T buehe1s, sRain.t 3i3 $50 bushels IN The cor.
rct spending week IN 1854. III: amount OF wheat
In ttora in this city nj present only bush
cls aeaIkt 1,7,1 ,1as bushels in store On tue car
responding date LAST year. Its Ibis lghtntes Of
the receipts and the sock 81 compared with for
mes years that ~ encouraging the local specula-
! tive demand ut present.
TO-DAY the money II arket WIS more active, and
bueiness was tolerAhlJ brisk. but confined main.
| u to the produce trade. There WAS good sup.
| p.y Of currency 1t the raflcns banks, and gool
psper YVES freely discounted At do y c:ut 2 an-
nun, On the street The rates were firm at lG9 q
cent PER month.
Eastern Exchange was In fair supply and the
market was active and tteady at par bsyipg aed
| iG1 10 prem. selling. -
Gold opened In New York to-day at 1914 and
cloeed at 4 p. m. at 1aci. The following are the
quotations tclegrsphed to James BoJd, god