, 1865-03-30
FINANCIAL AND COMMERCIAL.
m0NETARY,

reported tu be IN feeble health, and that he had
1ed 10 Gen: Grants headquarters to get nd Il the
onee-huutcrs., who were Fostering him day and
night. Whether Or not the stQre Of his health bad
anything to do with lis Writ to Gen. Grant, we
arc unable to stasa; but hiz prolonged stay there
has created rumor that there Is prospect OF
some negotiations looking towards peace going
on between Gen Lee Of tho Confederate army and
The President. As far Is we c4n learn thts IL a
ncro 1umos. but 1t has had the effect to deprtss
tic gold uarkst, and unsettle values Of all kInde.
Stocks have been "panicky," and several failures
arc reported to 1ave saken place in consequence
Of the decline; and although leash gold'' is
Ecaree, =quotetions have been gradually falling
since the opening.
Cuisines. hera today VIA moderately active but
prices ruled lower. Wheat fell 2(s3c per bushel;
corn 1G9ac. md cats 1iG9Ac-j Provisions opened
buo5ant and higher, but closed weak With 4 strong
downward tendency. The Last day o! the mouth
being close at hand, the demand by
short sellera OF gram has aided In sus-
timing prices, but with decline In gold there
fundamentally fall depreciation OF al values,
In the present state Of aalr. it Is gratifying 10
observe that the Copperhead journals and the Or
gsns Of Wcll street generally have commenced 10
nttaek Secretary McCulloch. This same influence
has euccess1vely bespattered Secretaries Ch1se
and Fesaenden with the moBt fu1sone ailulatioa.
and then, when 1t was found that they were lmper-
vloua to hatteEy, and refused to play into the
hands Of the spectators, 1t turned round and
abused them with the strongest ad]ectiyes to b
found In our language. Before Mr. McCulloch
was appointed Secretary ol the Treasury, such pa
pers as the New York Eercld, World, Comm.rcidi
Adrerlisev, and the Chicago organ Of the tribe,
were eloquent in their ptaises oi the great Vest
ern 1u2ncier. and after he wAs appointed they e3-
pressed themselves completely oyerjoyed. lie
was the "nght nun IN the right place't-a sound
analcier and great banker. This.style Of Hat
tery continued up TIL the period when gold fell
below 175, when- these organs suggested, recon-
mended, and finally urged that the Secretary 60
into the gold market md make purchaser
60 Us to prop It up and save the whole
country [meaning Wall stseet} from ruin. Mr..
McCu1loch, howcEer, was deaf to their entreatles,
and be allowed gold to 60 On In its downward
course, This put stop TO the torrent OF adula-
tion. and for several days past We have observed
a vcry strong lisposuU TO md fault T1rn Him.
lie declines to be guided by their counsel, and
they are now sco!ding him for various deeds OF
commission and om1ssion-all OF them 1nsienId-
can't and Of little OF no consequence to the coun-
try 1t large. It Is an indication, however, that
they are determined to quarrel with hm-for all
OF which the people have good reason to rejoice.
There Is no change to note In the money mar'
kct The demand for currency Is still active, but
there is a growing indlspositiou on the part Of
capitalists to lend, except On unexceptonabfe COL
1atera1s, and with wide maretrs. The bank rate
Of discount ia ettll 10 per cen: per annum but out
side the rates are ehfgher-ranging from 1a@39 per
cent per annum.
Eastern exchange was in better supply so-aay
and the market was'a shade ea.ier, but thero was
no change in rates, which weto par buying and
premium selling Some Of the banks sold to each
other at 6oc per thousand premium, which Is only
one.half the express charges.
Gold vas weak md lower to-day-opening in
New York At 1871, advancing to l524, and closing
athp. m At III. The following arc the quotation.
telecraphed to James Boyd, gold'broker:
11co a. m........., .15t} $50 p. p.m..........15tt
isi9 @ Il n. .l6as
The following are the quotations elesraphed to
the Stock Exchanges:
1850 =. a.m,..........l51!i sop. ..15tt
1,su 1sy A. m..........:15li 15li 43op. f .s..isif
100 p. m ..........15lil h00p. m.........:.l5t
Here the gold market was active and hrr.
Owing to great scarcity Of "cash gold, y sales
were bri.k On the Stock Board at 15s11b4. cloaine
oulet at the inside quotation. At the same time.
aales were made for delivery within few days at
15od1152. On the street the ma1ket rn1ed steady
at Isl. Silver Is dull and nominal at 13o9t35.
Buy1ng. Selling:
E-aO't t,,,...,...,,..,,,.,. lJd 1851
7[-d{'a ........ Of 81
Cook County Scrip WIS In limited request and
dull, with light sales ut IS.
4 dispatch was received at the Stock ES-
change this afternoon, reporting several failurea
in New York, supposed to be operators IN stocRa'
The failure Of the National Bank Of Atnea'
n T, reported two three days aiuce, Is sac 70
have teen caused by epeculation1 In batter, wnlen
has declined In price during the PAST eo11sS ua5s
about 60 per cent. This improper use Oh Ae
funds in possession OF the bank BY its onieetS ''f
,eits Its charter. =, ,,,,.o ,ta
The increased business on railroa y s'nee tne
var began bas been very large. me oa,eago ano
Alton earned in lsee esat Tss css.1a N
1so4, IN tne =, -, o1s in 1850, against s., 1885,
aae ase ~ nv ,es,. inc elao Of $50 per cent The
;!:s : - 4ssss q s e @ sea ssass @as
$l.t4ss ~ - XXI 40 In 1859, against 81 1t17a, ss3
f. ,ss. su incr ase IN i've ytare Of 1sa per cent,
Tha michigan Southern and Northern 1nd1ana
e 754.sl9, against q, ,, III IN 1861. an increase