The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-05-29
FNANCIIL q COMMERCIAL.
SATURDAY Evrzrse. May II. 1865.

SATURDAY EVESHs, May "a. 1865.
Gold va very steady In New York to day and
our dispatches report = quiet m rket- The closing
rste SO ths afternoon Board was 1855. The chip
msBts TO day we're over one million eight hundred
thousand dollars, Aas during the week neariy Two
aud = half millions.
Government Stocks are steady, but the msrketis
ruling quiet. Holdeis generally are reported to be
very Il IN in their views, ard there is Little dispose
tioa to sell at current rats.
The var b,s been renew d between the bulls and
bears on Railway Stocks, and the latter hammered
toe market severely to-day, prOdsciuE q marked
dsc'fns % m st OF ths rosds. The prospect Of ma
tertslFy reduced earais gs FIR all the railroads In
| eou.equenoe Of The universal ssagnatiou in trade
opsrstss fAsorsbIy for the bears, tnd they are dis
posed 70 tEA . timely tdvantsgs u f.
In relation TO the advance IN gold Snd msrehan-
dtse, the New Yoik Timea oHsH the following I'D
| Vtcsga Il -y VI T1-51 ""
Tba psopse. however. su0uidb not be Slar1ed by
the spssmOdio aemonstTAtions Of the eu13 " F'ei
prdu-e or m rch,udise. b Pridenes md pa
tf.rcs they can def-ut the sehsmes - the speeu =
tors. WeshoBldbdTtse against Al HEoidhois "a
psnGitHres for family suPPits i tLetAi
me present ibh ,tioa o. onnmefcial V-luests ma
snn.blv fct I Gus. Gold viii speedily suhslde
again aud pricss Of sh commodities, 80 snrPI-
ingly SIZE ted b. its = ctnsltu, Vii AhuOu
T uAENlDlNANG III 4 I
The New York p,pers report money abundant
amoog broker, and parties UNIV IiIng TO accept .
par cent. for th,ir balances are neglected b. Dor
rowers. There ia cobh4ence 10 financial circles
thst low rates Of interest must prevail for SOM
time 70 come, &C the supply Of currency for tenn
porarJ uss will be largely inerr ssed by the army
payments, With viii rapidly hnd its way 10 the
oOmm reial eenters.
The New York Timcs says the proposition to Pay
of the tntire pubic dsbt Of the United States oy
the Immediate voluntary contri 'utivns Ct the large
taxpayers OF the eountry-diVided BY l5O,O'
shares Il sgO,OCO each-attTaeis a good deal OF re
: mark Ia that olts, and begins to be deemed ieas
= ib'e. Fhs Herald pubI,hss alist OF these who hsV'
alrsSdy ssgpi6ed their willingness to subscribe
, headed 10y Commodore Vanderbilt, their aggregAt
ofe ings amounting to Sl,l00,0O-
The local money market continues extremely
: duist, sestceIg snyihing being done in the way Q
= discounts Tor the past Week, and business In othe
respects b.iag on avery limited scale. Ezchang
continues clos, and any considerable dsman
YOU d require shipments o currency, as there
none OF Consequence making through trade. IN
rates are quoted Arm at per buying and to 7
premiuD ssliug.
"A The demsrd for ths new seyen-thirti,s IA tn
Z market continues msagrs. The aggregate through
= out the country, however, is Increasing slowly.
Ct is understood The notes vii b, ready for deliver
some time next week.
= Mercantile circles here ~contipue dull and heav
:. and the unsettled condition Of the markets "a
i~ucress-s the disposition Of PArti 9 to hold of, bot
As buyers and sellers until some turn is taken tn
will be more definite thsn the present stand still.
Under present circumstances sellers are Ielucts
to mako On h conc ssiOns As YOU'D bs necessary
N bring out tdy rs while the latter are persistent
maintainiug their views for lower figures. The
-. we're no leported trsnssctionsii Flour to-day e
Al eept in retail Tots, bat holders were asking the Z
I urss obtained on Friday, which we quotS. Wh'
wasin vsrJ little rtques, and declined 2Ec. Co
aIe sold at an advance Of l@2O in the morning, /
md closed duh aud hardly - firm. Ua's were witho
o.. sale aad held noGfAsIf at yes'erdsy's quotation
d. In Provisions we rote q d clins Of sl,o on n
ock Pork, other kinds ru ing steady. BishwiBes
; vatcsd 70 500 to day, closing Il mer TIE G
Gerry market Is arm st quotations, dealers gen
Ius ally rspo' ting a g 90 steady business.
'ge. The following were the receipts and shiFmsi
Ons at this poiot by Railroad, Lakssnd Canal Of le'
our iuE articles duri0g the tWeaty-four hours end
II