The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-06-08
FINANCIAL & COMa gRUlAL.


~ "
WEDNESDAY EVENING, June 7 1885.
Ths omeiAI exhibit OF the Nai'on.I Debt up to
Nay sit, though ia detail as satisfactory as the
meet ssnguins could desire. aud sho Eing j~rdiei.us
aud car ful msnasement Of thu nat
still furnish to q portion Of the prss-that
tiOn which has ever been rssdy to employ Tbs m st
subtle soph 'stry or open detrsct'on in ,Hoats to in
jure the c edit Of the nA'ion-a thsme for iuvIdi-
Gus deductions and hJposritical Appr,hrnsiors,
which uoder the gaTb Of pretended patriotic In
pulses are designed to create popular di,trust and
through this 10 work esired Pol ticAI encs. The
ehisf concern Of this elAss Of y eophsnts il taxa
ton, uh'ch thsy pretend 70 fear the psOpl- will
grow WssTy Of, and that repudist!On and suoh oth-
sr imaginary caiami les % their fertile mis- hie,-
ma4ins brains can conceive, will 'ollOw. So far As
our osn people are concerned, these reflections
uFOn their hoaor and patriotism can prod1os no
effect. Having saved their cover m.nt By the most
liberal sacrifices Of life aud trs.stre, snd therein
given the most indisputable evidence Of their Goa
I'D 5nce in and dsseTmin alton to maintsiu tn gov
ernnsat, it Is the extreme Of folly 70 a, sume that
they will 'aiI to sustain he integrity and p edged
faith OF the ~natiyn, and the simple suggestion is an
Insult to every honorable citizen. But tbe teud,n-
CT Of these mutteIings il 10 p~rejudlee he nstional
cred t abrOAd, where tina spirit o. our people Il not
yet fully ur ~derstoOd. and our resources but imPer-
festly undsrstoCd snd to retard that return 70 q
hesl'hy intercourse which is now feI,
to be to ONE extent Desisd as an important step
toward financial re-adJustment. so far as III sbil-
ity Of the nation to diseha g its debt is concerned,
it is 90 simple OF demonstration, snd has teen 50
often shown. that sOphistry is poWeriels % gsiasay
It, aud hence thos who sOu'd / jure the eou tr,'s
| rraHEf GnH fbaFr mil mann. NJ aaaan1f in rouhHa
Of the honor and patriotism Of the people a pest
ton not r,futab . By figures, III ugh it be BY the
stern facts Of the psst four years.
NOtwi hstaLding tbs reported small dehsni and
the iDcrsa,il g supply, togeth r with the omewhst
favorable influence tn t might be reasonably ar
gusd from the advance OF on 5 enIitiss abroad, the
Gold premium is vel mai tsi1sd, and though the
mArkFt is repr,s-nted rs tending downward, the
apparent 6rmness with witch The proe is held
does not justify the stAtsmrnt- In tn p esent pO-
siEOn Of Exchange It iS hardly 10 be ex pOoi ed that
Gold will re,ede to any ma,,iiI extent, Ena A5 We
have n. thiog upon which 10 rely h give 3 turn to
the situation but our natiOns' s cuIitiss and the
small European orde 5 { T cotton. the prospects
are rather agsirst any decided recession Of The
Gold premi0m. Nor eve it is the impression that
the important ms will be lsTgs Tor the next lew
months. which vii eoubtiess neres.itate a hrsvy
drain Of specie The closing rate this afternoon
was 1919.
1he European ad' ices to day, reaching to May
9th. rsp.rt sales Of 5-2O's in London at 67%ats-
al sdvones of ab ,ut two per cent upon the rates
brought Dy previous stransr Tne market on thus
sids Improved in f m SIS Vi on thus Tvs, tho0gt
without essential change 10 price.
In connie ion With The stat msnt Of the nstionA
debt the NV York Commercial AdveTtis,r OB
hrves:
The prts mt sat ment has one very remari abb.
feature Inst al Of the item unpaid requri
lions - amo. ming as Of Ia e 10 upward Of 500,
o O,OOO-we have the item "uncaIIsd for D ~ re
quhitions," $40, 500 o Ihus, for the first tiu'
nuVlng the last four years, the Treasury h 5 me-
The demand Of every o~is'uuing Off Sr, while IN
Btste0e8t shOss that ii has cash on hsld smouht
ing to SIS, las ,7O2. For .nce The complaint, Of /.
ability 20 get money from the Government are ii
fenced, ana forty MILL ms Of dollars sre At tne ds
posi- o. Disturbing officers for which ~oreditOrs o.
not think proper 70 call. rbisi q very satisiAetor
management OF the Treasury details
1t is estimated that the Customs receipts Of tn
Government for the fiscal year will r,ach SIS co,
OOO, an excess ofn Arly nil eteen millions over tn
wants Of the Government for the payment Of Ii
coin intsr,st
The Eng ish investors in the Confederate Loai
yield to theIr Adver-ity with marked reIuctancs =
The lHst quotations are I ss per cent, and we opin
the market Is very weak, even at these ngures.
The local money market is railing more quisi
} but In other respects is without notable change
Money IL c oss. EAs, ern Exchange Is quoted hI
at par buyins and a premium selling. The Sec
onn Nat onal Bank to-day paid Pay masters drA'
for 81 900, the Hrst instsllment br the psymsn
Of troops at this point
The chief feature Of interest in mercantile Gil
eles to-day was the movement Of q considerable !,
Of No. 2 red wheat for shipment-tbe first st-p 1
this direction for ssms time. Beyond this, how
ever, there was nothing TO distinguish the mark
from the dull routine which has 30 long prsvaile,
1here was q moderate demand fer No Ired-pric'
on both No. l and 2shouiog a decline of495c. SCI
: sral cars Of white wheat sod at irregular prices.-
Corn ruled dull and lower. Oats advanced aft,
the New York report. closing firm but quiet. Pr
Wis ons are 4 changed. Dealers do not 'ympsihis
, with the speculative Aevauee in New York, havin
no confidence thIt it VIII be maintained. Higl
wines declined this afternoon to $500. PTOdn
continues quit t, but with the exception OF Butte
which is lower and declining. we note Io change.
The following were the receipts and shipmsn
at this pOint by Railroad, Lake and Canal Of Leaf
ing articles during the twenty-iOur hours endiE
At seven O'Clock this morning: