Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1865-03-30
-FINANCIAL & COMMRRCIAL,
FINANCIAL.
MORNING LEADER OFFICE.

WEpsEsDAY EVEsIsa, March 20, 1865.
The Gold market, though showing more steAdi-
ness is i'll weak, far as any speculative feeling
is Cencsrned, and the price is Su,tsined abov3 1t0
more in consequence Of general public opinion
that this Hgare is about its legitimate relation to
the eurrercy, and hence a willingness to be Estis-
fed with this figure, han from sny strength or
articular confidence among those who boy and
sell It. All over the country those who have &C.
cumulated and boarded gold, much Of which the
panic brought to light, cannot be induced 10 zee
any oHer figures thit 15O and this is so universal
as to encourage tn large hold r end gamb 'ers in
It to make this the Iayiog point for the present,
or until military or political events not already
disc united shall force the price lower down But
there is no disposition among PARTIES to speou-
late for higher hgureI. This market resllze1 fur
ther decline to day, but Without any attendant ex
eitement. 1he price opened this morning at l52,
and in the afttrGOOn closed at l5I1{@I5' q. The
closing rate tonight will be found on cur 4 st
page.
Gsvsrnmsnt Bonds sre steady and firm, with
fair but not active demand for lavestmont. The
New York papers continue to rtp9rt an effort by
certain parties in that city to deprseAts Govern
ments By inducing ,ders to press ssles, but they
meet with very little Success 1t is certainly late
in the day to undertake to convince reasoning men
that the securities Of the Government are not good
property, particularly when they are under pres
ent circumstances about the only collaterals that
are owe suspicion for purposes of loan and dis
count.
Railway speculation is extremely weak just now.
and those who ere fortunate enough to be without
stock doubtless feel perfectly iatished with their
situAsion, while very many who are Bsddlsd with
it would dor btlesS very willingly unload. In the
me ,ntime prices continue to decline with com
msndable regularity. The closing quotations to-
night are on our first psge.
The local money market presents no new feature
to-day. The supply of currency is good, while the
demand is very light frcm rsgular sources. No IA
vors are shown outsiders. Exchange continues
steady ct % OF buying and par sci ing.
The Cincinnati Gazette reports a better feelirs
and mere eonadspes On the part Of capitalists in
that cty, and greater freedom in the discount Inc
The demand for loans, how. yJr, is only moderate
There is good supply of currsn-y, and for a-e'pt
able paper the market works easy ct IO912 pei
cent
The Chicago money market is still characterized
BY extreme stIingsuey, aud all speculative paper
is declined by the banks. The street rates range
from 294 per cent. a month.
Ths export Of gold since Jan. l, 1855, has beer
81, ,ss2, 1926. saue time in 1854, slOOS2,455. II,
receipts of gold at New York from California thii
year compare IS follows: 1866, S4,627 jos; 1864
SS, ,lO6O77. The shipments Of gold from San Fran
cisco compare as follows:
Exported to February 90, ls65..........Ss 74s s3I
Exported to same date in ls64.........l1 l3s, ,553
Decrease this 6Ss,725
The sos National Banks organized up to tha lstl
instant have an sggr gate capital OF SGT sli ,4s6
Their ciroula ion is slt4 $50 So Of heh theissu,