The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-06-09
FINANCIAL 6 COMMRRCI4L.

THURSDAY EvEFTEG, june 8, 1865.
Ihs STEADY demand for specie on EOreign secount
which still cbaraeterizss the market, though lees
active than q few wesNs since, nevertheless msin-
tAins a strong feeling among holders Of gold, which
is increased by the growing scarcity Of sterling ex
change, and the t~snJeuey Of the market 5 ems to
be toward hi. her fgurts for the PRESENT at least =
The present price Of American securities in Eu-
rope Is not CALCULATED to aid 10 rest, ring the ex
change equilibrium, as il sffords no m.rtin for
export, though above the point at which they can
be prodtab y returned to this country for sale. and
until they range higher scIOss the water, no bene-
ut ean be derived nom their movement. The pro
duce markstS continue in . p sitiOn that utterly
preludes q general export movement, and pros.
pects are not ia terfog to any very Early ohsngs
in this regard Meantime the Sou b Is in no posi-.
ton to enter the market with whatever OF her pro-
ducts she might have TO offer, and in the nseessA-
riIy slow process Of reconstruct on, will probably
not be for . long Teri, d to eome. 1hu' the position
clearly p ints to q steady drain upon the specie Of
the eouatry, the insVitabls result II which NUS b.
an advance of the premium until clicked ~ s re
Aoiion in exchange. The ITcs Of Cod sdvsnc d
about one per cent. to day, closing this afternoon
at l3sH. The following shows the movement OF
gpscis at New York FOR the month Of Msy:
sp-cis in Banks and Sub TTess. May L. sS9.s97,0S7
Resolved from California in msy.- .----. l,267,65l
imported from foreign ports in Msy---. III 0e5
Gathered in from boards in May. SIS AS
supply
EKPortedin May .- -.-.-...--- -.- I,z4o,oIl
Stock Junsi, .-.S42,s6s 2oj
The ReE York World says: "Ths duliness Of
trade and the quiet of speculative uovements in
both Itocks and produce, ieDd to produce a very
IAnguid demand for loans and the present indIoa-
tons seem to point to a more or less prOtracted
ease in the mO4ey market. lhe transactions in
discounts continue very limited
The loSal money market C ntinues stringent, the
best illustration Of with is found in the fact that
lone OF the Banks were o~7wpegsd to pay out I've
PR e,nt. notes as currency. Exchange is in less
demand, but very close, rates ruling steady at par
buying and q premium ceiling.
Mercaatue circles to-day were dull. There WAS
. little bettsr inqui , for Flour + ON The traie, at
figures vi ieh have prevailed during the past an
days. Wheat ruled steady at vest .rday's prizes,
bat tie demand vss limited to . few cars choice
red for mdIers. Corn is quiet and steady. Oats
10 very light +, quest and nominsry 20 lower. Pr
visions unchanged and steady, with q good trade
demand for Smoked Meats; other kinds quiet PIo-
ducs moves In . smalt way, and prices rtmsio
pretty sts.dy. Butter il ruling very duil, and
the tendency is e. It'll lower figures. Highwinss
zs dull. heavy and nom nal at t2,OO.
The following were the receipts and shipments
at this point by Railroad, Lake snd Canal Of lead
ing articles during the twenty-iour hours ending
- aava, otcIorh f6fe mor,i,g.