Cleveland daily leader. [volume] ([Cleveland, Ohio]) 1865-1873, 1865-10-04
FINANCIAL & COMMERCIAL.

&. TUESDAY EVENING, Oct. ,, 1865.
The local money market rules steady and
without decided change. Bankers report
less of pressure in the demand for dis
counts, and for this reason a rather easier
market for currency, but there is only a very
moderate actual increase in supply. and the
market may still be correctly reported close.
Exchange is in better supply, and with
less active demand the market works freer.
Rates remain unchanged and firm at par
buying and B@4 premium selling.
In Cincinnati currency is easy, but Bank
ers are limiting their accommodations in an
tieipation of close market between now
and the first of January, and to fortify them
selves for such a contingency. Exchange is |
in good supply, but the demand is heavy
and the market firm.
Gold rules frmer, with an upward ten
dency. The price closed this afternoon at
l4Ia The Gofd customs received into the
New York Treasury for the week end
ing on Saturday last were 81. .623.O79. The
prepayments ON November gold interest out
of the office for the week amounted to 81
674,75O- The deliveries of gold at New York
from California since January J amount to
SIs, III, against deliveries for same time
in 1864 of Ss,9GS,55l.
We publish in our news columns an abb
straet of the official statement of the nation
al finances on the Both ult. The point of
greatest interest in the present exhibit is
the reduction, made during the month of
September, of nearly thirteen millions dol
lars in the principal of the debt-a fact that
conveys the strongest possible evidence of
the economy and sagacity with which the
financial Department of the Government is
being managed by its able head. The en-
tire statement however, is in the highest
degree satisfactory and encouraging.
The Secretary of the Treasury decides
that assistant treasurers or designated
United States depositors are not required to
pay duplicate checks. In the event Of the
loss of an original check the issue Of anoth-
er original is a matter entirely betweon the
drawer Of the check and the party entitled
to receive payment of the same, either by
bond of indemnity or rotherwise. TSe Trea-
fiscal officers the responsibility Of paying
subsequently checks which may have been
lost; although it does enjoin ON them care
full regard in reference to their payment"
The import entries at New York last week
amounted to Sj,S45, ,TSG, gold value, and the
elearances of domestic produce to $2,s02, ,529
in currency. The export of specie amounted
to S94T,951.
Six new National Banks We're authorized
last week, representine a capital of 81 ,2G7,
500 The whole number of National Banks
is now 1878, with an aggregate capital of
S39S, ,33l.2OI. Total circulation issued Sl9l,-
4lI,4sO.
Local mercantile matters continue in
about the same channel as noted for some
time past. The market is firm, but the vol
une Of business doing is light and confined
to the wants of local and interior consumers.
The trade demand for Flour is fair, but not
active, prices of country brands ruling IL
regular, but firm. Wheat is dull and heavy,
but prices are firmly maintained Corn is
in fair request and firm. Oats quiet and
steady. Rye and Barley inactive
Provisions are in very light stock and
firm, with good steady trade demand
Should the present cool weather continue
couple of weeks, it is not improbable that
packers will deem it advisable to commence
cutting within the month. The season will
probably open at l3@ l5c for hogs, to be af-
forwards varied as the supply and demand
develop.
Produce is steady and firm. The demand
for Butter is Good, but less active than last
week There is more inquiry for fresh
packed Eggs. Cheese is quiet.
Highwines are dull, but steady. Petrole-
um Is IN i-z7-insiuiry, b'.t tl-v market Is very
firm, and refners are not seeking customers
Other articles in our quoted list are un-
changed.
The receipts and shipments at this point
Of Produce and Merchandise during the
twenty-four hours ending at Z o'clock this
| mnrniup yvpre as foIiu1vs