The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-07-31
FINANCIAL q COMMERCIAL.
s,rrrn,r Errrrra. IuIr o. 1as5.

SATURDAY EvESIHe, July %, 1855.
The leading events in financial circles during the
week have been the absorption of the SeVsn.thirtV
Loan and the advance in Gold. both Of which have
their Specihs influence in r~slstiOn to other matters
OF finance and upon trsde gsnerSly. The mArkst-
ing Of the I sos removed the last GoVsrnmant
loan from before the people, and in view OF the
prospective wants Of the Government before an
other loan can be authorized, should It become pc
eessary, some inquiry has been ELECTED as to the
probable course the Secretary Of the Treasury viii
deem It expedient to pursue. The only direct OBJ
terVable effect ofthe inquiry, however, has been an
advances ofthe discouns Istes ct The leading none
tary centres. The advance In gold has been purely
fpeculstige. engineered by the "buIls" In order
that they might unload prohtsbly their large aocu-
mutations. Havir g 3 large amount at stake, and
carrying the bulk Of the wealth OF the gold room,
tfey have bought and borroWed the greater PORTION
otthe cash gold offering, and have thus BEEN able
to command the market to q certsia extent, and
had the demand Tor export been considerable,
could undoubtedly have obtained much higher hg.
urss. Large shipments Of F~iVe-twenties during
the week, however, reduced the specie shipment TO
q very mall amount, and the highest point to
which Gold could be carried was lat, to aid in do
ing which tn, reported m .vement Of thirty-hve
thousand men to the Bio Grands by Msximilisn
w.s mad . Dra,svt mi, nrioa bo..vs- ,o,ld
not he n.,nt.in.d and the m.rEst ,s..ds5 ., ,bs
veal dew ,ova,d IN. o,oss To.d.v Cola mani.
fested ,oms vasknay, ana v.. la active oIos,r .
AT I44H-.bort too mar o,rt b,o.s- mr. a ,hs
close last Saturday.
In local monAv uattsra The vssk has besn ouita
as,ive both in IN, demand for eurrepcv and az.
change. but mora IargaIv for the latter. vbtoh IN 70,
ported to-. av close and armsr. the rates 10 dav b.
ing par buyin9 and 4 premium sri ing. Currency
has been in increasing suouly for a d.y or two. and
closes EASY.
During the week commercial circle. have been
unInterruptealy excited and unsettled on FIour
and Wheat Provi.iops, and particularly Pork. par
t~ioipating to some degree. The cause Of the feeling
In Flour and Wheat Is of course dus To apprsasp-
sions in reference to tbs yield Of the latter, and
these fears have been largely increased BY the fre-
ouent rains and generally uppronitious weather. Of
the past ten DAYS particularly. Tbere has. how.
ever. been a vood deal Of speeuIatiou invoked not
entirely authorized by the facts. VII. eh in the az
grezste do not promise 40 badly a. circumstances
vonId iu.irv ann ,.ino In The Hav yo,k mar
ket FIopr advanced during tia wsak 5eAsI
and red what about zoe. In CHICAGO. where the
.UeeuIative feeling pas been very strong. the ad.
vance has been much greater than this. In thi.
market FIour advanced SI.OO and red Wheat De
In Provisions there has also been a general ana
large advance. In this market. however. the ad.
van,e has been comu.r.tivsIv light, Pork HAVING
zone nm onIv 81. 90 a bbl.
Tb:. ststa ~ tbtnr, bovavar .nnasYs IN bsv,
r...h.d i,s Hi, ,ost.rdovo, p,a.d..rHs nd 20
80. ,..at..-. s,I.. ..u.n