The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-08-21
PINafClAL 8 COMnsRClAL.
s.Itrp.r E1ru.s. Aaksls. Ia.

GAIUkDAI 4NEAAHoa ANbaNo AoNos /
The local money market is st'shy, but quiet
The demand foe discounts du ing the week has
been on s very moisrats sc-Ie, and 10 all respects
financial circles rave ben dull. Currency vas Ia
lib raj supoly 81 the opening Of the Wesk, but the
Government became 3 la'gs drawer, since which
the supply has tee , rsthsr close with most Of the
Banks, though ,~uficI-nt 10 meet the light demand.
Eastern Exchange has ruled clrse throughout the
week, aud rates have zen prstty regular at q Of
10 par buyirg and 3 ~ p enium selling. Owing
10 the reIa i've prices In the West and Ut the sea-
hosti for Flour, Or 10 and Provisions, which are
such IS 10 prevent Eastern shipment, there Is very
little mohsy, comparatively, coming Westward
and at present the oours, of money Is Consistently
In favor OF the East Meanwhile Western holders
are very firm. ard offer no enc. uragemsnt By way
Of concession to Eastern buYe $, rnd ue can dts
cover no present lad cation Of q ChsDgs in the mon-
ey fta'us.
Financial eireI sia Nv York, aud to s1ms ex-
tent ia the larger o,ties Of The est have been =
go d deaf di tuTbei daring the wrez by the hesvy
fraud dtvrlai N ms 81 the cas-, Of Ks'chum, the
announcement OF viii h gave a most deeid d turn
10 the Bailssy and Miscellaneous styck market,
from which 1t has not yet fully r-cdV, red, and the
iBhu nee Of which was felt mo Q or less upon the
vhole hGsneisl business of ths week. 7hs extent
sud character q thu fraud has been amply detailed
in Gu tel graphic columns. The eTuuJ was sn IN
fortunate one in many Tespe is. but il is not With-
out ITS W o Is me lesson to every business m sn -
The fUdndailon OF the crime ssA bs uiAtion, aud
the r suit is ut a more striking example Of the
evil tsIdenoie Of the system Of gam. ling rpsorted
to on the New York =tosk md Gid foards than
Is presented in that city almost every day. though
Tartlt kuosn ouuid the bouudadts Of Wall and
/ NTsItE.- - n = =
The cliques aud combinations Of "tulls" and
"bs-r-," who resort 70 every szPsdie1t to c rty
heir rch' mrs Of Person,I sgsrand cement, are in
fact Il htt In | ", NO less crininri than young
Ketchttn, aid dsssrte no les continuation RON
homo able business men. Another IL shioh this
event will bring more prominently to the surface
is the rlt'enuesa Of th4se stoeh gambling concerns.
They cannot, from the Ve'y n>tu e Of the business
they tIloE, be relied upOn; IN almost every c 60
they stake their c edit upon an uncertainty, and
even their gains when they m,he them are only so
much more ability to extend and sidsu their riskS
until they are at last eDgu.Paed, carrying down
with them foTtanes belonging to tbsir too credu.
lous patrons. It We e as well Tor the business nan
to tru t his money IN the hand. OF the common
bar rom saubIer Ss t. t.sss stock operators, %
far as the question f safety /. concerned. olsvs-
AAnu Is lOIt uudteiy Oniy = very ADanA Josef so Ier
IS we can learn, ~ the Kstchum fair, and 1t nav
turn cut that no hing will be lost here, though
several Of our Banks hsd sceOtats vi b the house.
In Chicago toe los5ss OF setsraI OF the BANKS. Il 4,
believed will be pretty h'aIt
TIE Withdrawal Of chs Cover nment as a reuer
Of Gold, nd he ADVANCE of St Ring Exchange to
q pOut a. which gold ould be mo g pro6tably
shipped, have iuduced m re- d mnels in the 700
market for The past few days, and the price hs,
steadily advanced d, closing this sfternoou At 1857.
There is reported 10 have been a considerable short
INTEREST pa out in the early part OF the week, IN.
der he bolief that the Ketehum difficulty would
carry down the price,
The CT iosgo money marx t is Close, and the de.
msnd good Exchange firm at SO prsnium buy.
ing and lilo prem ium selling
The Cincinnati money msrkst is quiet. Cur
rescv is in good supply, Exchange is scarce ana
firm at 10 premium buIi ing and lilo premium sill
ing.
Local mercantile circles present no improvement
In a ~basiqess point of view. There 10 no deuap,
for anything by nd the present nectEsiH a Of IN,
trade that receives is %fuppiles from this msrks
and this Is kept Within ths narro west limit. Hold
es o. almost everything in tie way Of msrcandiz,
are new, rtheiess firm Flu is tending upward
Whes. advanced fully &c on No. red to-day. Con-
i~sbtcady. Oats are we and are the only attic
in t e quoted for which the price Is not maintained
Provisions are 'ts dy and firm, and the trade de
msnd good. B sttsr an Ubeese are upchanss,
and arm Eggs fro fmer for Te.h-packed,a an,
wanted. HighWlnes imp owed 1c to. day. PstrO
lsum i, e thsde bitter. We note an tdyAncs to-ds,
on Lin.eed. Bans, B'ep'a t, Sperm al strait
Oils. The Groee y market is firm and business /
reported sood.
The Wool trade In this market during tha-pa
week has not cen 50 active rs for he two preViou
week, aud prices were hardly DainiAinsd AEON
siderable = lumber OF buyers have Withdrawn frop
the marx t CT the present, aud a rather dull De-
, rios is p'oBis'd Dsalers to day quote The rang
: Co at 6o86lHoof , red. Holden deman,
wv w. Ana ar~s-n within the rsnge.
Tho following wore TN. -a,a,n,. =. 49,
at this poiat by Railroad, Lake and Canal Of lead
ing articles during the twspty four hours endini