The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-08-01
FINANCIAL & COMMERCIAL.


MONDAY EVENING, July 81, 1856.
In the local money market today Bankers re.
port = pretty active bn inesS. and the supply both
Of cu1suey and exchange works closer, though the
former continues relatively easier than the latter
The little speculative feeling eTeIted daring the
past week by the rise In most articles Of Produce
indueed an inc .easd call ior cur ency, and for =
feW days TO come, until settlements are made and
goods turned, it is not improoa able that The Banks
will have more to pay out than receive. There IL
also an inereA ing CHEERING Of WOOL pApsr. Rates Of
ezehlngssEs steady At par buying and q preafum
selling fl,
The gold mArhet exhibited further weakness to-
day, though very little change was effected In the
price from the closing figures Of sEiurdEy. The
strongest ITO t. Of the bulls are undoub, eddy ne
eessSry 10 msidtain the premium in the face Of the
large shipments Of GOYefnm mt bonds and the cor
sequent decrease 10 demand for specie for export;
while 1t Is squsliy necessary for them to keep up
the price until they can work ca the burden they
have saddled upon themselves with AZ little loss a.
POssibls- 1t would seem that they have thus got
themselves intoA situation from which escape with
out more or lebs los Is hardly possible in ihs pres
emit situation Of ahairs. The price Of Gold elcsed
this afternoon ct I441S.
The European sdVices to July 10th, brought by
fhe steamer City OF Kew York, Ats more favorable
to American securities. and the market to day was
frmer. The commercial news "a also quitS salts
factory. Tits understood that the stock OF bread
stuns in the English markets. Is very low.
There is at present only 3 moderate call for Sew
en-thiriies IN this market. b. l-
Tiiteen Rational Banks were authorized during
the week ending on the eSlh Inst and s., 200, 900 in
National currency issued. The sWhoIe number OF
National Banks authorized to July 2sIh IL 1896,
and The Aggregate issne Of 4 ationAl currency $751;
$4,000.
The decline In Flour and Grain commenced on
i Saturdas aHA
1t ths inevitAb g result OF . heAVy And mora or less
unsettled market, increasing the tiRculty Of de.
fning with accaracJ aud reliability the status Of
prices, and adding StaguatiOn to the general uncer-
tainty. As a rule OF TRADE buyers are rampant on
an advancing market and equally radical on the
other extreme in case of a decline, and such i the
petition now. Ia this market to day business has
been very light. We eOud hear OF no transactions
in -Four, and though We cannot quote any chang
il prices, II Is probable holders of oopntry brands
would have made . liberal concession to self. The
only sale Of Wheat was = small lot No. l Toledo Ied
at a dsciae Of s15SFzc from prices obtained on
Saturday evening, the markst elosing heavy. Corn
was without sale and nominal. Oats wers quiet,
closing wesker. 30 wv
PrOvisiors continue very f.n, and are tending
strongly upward. We cannot guarantee our quo
tatiOns on Pork beyond the opening OF business TO-
morrow, and an advance is EQUALLY probsbls on
other hog products.
Produce is without ~quotAble ehangs. Butter "a
in active demand and firm. Eggs are droOping.-
Cheese /. steady.
HighWinss are advancing, and holders to-day
we're firm ct S2,l7, which WAS asked at the close.
PetrOlsum Is steady. 1he demand is fair and the
market firm.
The following were the receipts and shipments
at this point by Railroad, Lake and Canal CT lead
ing articles during the fOrty-eish t hours ending