Cleveland daily leader. [volume] ([Cleveland, Ohio]) 1865-1873, 1865-11-15
FINANCIAL 6 COMMERCIAL.
TUESDAY EVENING, Nov. IA, 1855.

TUESDAY EVENING, Nov. IA, 1855.
The money market was less active to-day
than yesterday, though there was a liberal
offering of paper for discount, more indeed
than bankers were disposed to accommodate.
The general condition of the market is close,
though not stringent. There is no desire on
the part of the banks to loan their balances,
and except in urgent cases they continue to
refuse applications
Eastern Exchange is quiet and close
There is very little making, but the demand
is only moderate. Rates are unchanged and
firm at par buying and I premium selling.
Our dispatches from New York tonight
report nothing of very especial interest In
the general stock market speculation is ap-
parently very much narrowed down, with a
generally unsettled feeling among the Ex-
change cliques. The outside public have
withdrawn from the market, leaving the
bulls and bears to themselves. The World
says the losses sustained by the bears in
selling Prairie du Chen and other stocks
short during the last two months are esti-
mated at over $40, 900, 900, distributed chiefly
among influential and reputed rich parties,
long time past by some of the keener money
lenders. The calling in of lonns during the
week which caused the recent decline in
the stock market disclosed weakness with
certain strong stock firms which nave been
used by influential bears, and mercantile
confidence is unsettled thereby to an extent
which is leading the "screw" to be applied
in suspected quarters, and with results that
are not satisfactory. The depression in gov
eminent bonds continues, though the mar
ket as to prices has probably about reached
bottom. Gold was a shade weaker to-day,
closing at 1873.
About $4,000, 900 of the 5 per cent. legal
UCHJOIs Of Ioco Become due ON the nrst Of
December, with accrued interest of p per
cent. 1t is not known what means the Sec
rotary will adopt for paying them, but it is
thought most likely that payment will be
made by the new issue of six per cent. COM
pound interest notes, which he is authorized
by law to do, or else that he will pay the
interest only, and leave the notes with pres
ent holders, stamping them to bear interest
semi-annually from December 1. The banks
are the chief holders of these notes, and
treat them as part of their legal tender re-
serve, and it is not improbable they will
prefer the latter course.
Commercial circles continue without ami
nation. The demand for Flour is very mod
crate, and confined to trade lets; but prices
are fully maintained. There is a moderate
inquiry for car lots Wheat and prices of de-
sirable grades are firm; but low qualities
are irregular and dropping. Corn is irmer,
with a moderate inquiry. Oats are quiet and
steady.
Provisions are steady, with a fair request.
Butter is dull and hardly so firm. Cheese
is in good demand and firm.
The stock of Highwines is still very low,
and there are very few coming forward. The
price is steady at S2,37.
! The market for Petroleum is quiet, trans
actions being only in small lots. Reiners
are however firm at quotations, and do not
seek to realize below present figures.
Green Apples are dull and dropping. Po-
tatoes are in good demand aad firm. Other
articles steady and unchanged.
The receipts and shipments at this point
of Produce and Merchandise, during the
twenty-four hours ending at Z o'clock this