Cleveland daily leader. [volume] ([Cleveland, Ohio]) 1865-1873, 1866-07-24
wEDDEbL HOUSE.
FINANCIAL s COMMERCIAL.

The week opens without anything espe-
cially new in financial matters. Advices
from New York represent Wall street as
very dull, with a great plethora of idle CAPT
tai yainly seeking borrowers at low rates of
interest. Throughout the West there is also
& very general dullness in trade, business
being almost entirely limited to the merest
state of affairs, however, is not exceptional,
except perhaps in degree, but always pre-
cedes the gathering in and preparation for
market Of the new crops. The question is,
whether there is ground for expecting the
usual activity in trade when the crops are
ready for marketing, and such an inquiry
viii chiefly engage the attention of opera
tors in the interim between now and the
close of summer.
In the local Money market Bankers con-
tinue to report a very moderate call from
borrowers, and good paper finds ready nego-
tiation. The supply of currency is easy,
ana though Trade 10 quiet, thers is gradual
improvement in balances. In Eastern Ex-
change there is little doing. The market is
rather close, but bankers are meeting the
demand without the necessity of expressing
currency. Rates are steady at par buying
and Ito premium selling.
Gold had a very steady market East to-
day, and the fluctuations after the opening
were inconsiderable. The price closed at
1903.
The New York market for Government
securities is dull, and prices are barely
maintained, though no material change is
represented by to-day's quotations.
Here the market for coin and Government
securities was steady at the closing rates Of
Saturday. Gold ruled at 40 premium buy
ing and 81 premium selling. There is very
little doing in Governments. seven-thir-
ties were buying in a small way at 1925, and
selling at 1893.
The Commissioner of Internal Revenue
has issued instructions to Assessors con.
corning returns of taxes by banks, bankers,
savings banks, insurance companies, rail
roads and other corporations. The taxes
must be assessed on the monthly list, and
paid to the Collector as ether taxes are
paid, instead of being deposited to the
credit of the Treasurer of the United States.
They are also directed TO see that the re-
turn of the tax on State Bank circulation
shall be made for the preceding month on
or before the 10th day, and said tax
sban ha dua ard novob1a ~, - H.
fore the last day of every month.
After August 1866, no tax will be required
to be paid under this provision on account
Q circulation paid out previous to August
LIST, 1866. Returns required to be made af-
ter July, 1866, by associations or compa-
MES, known as provident institutions, saw
ing funds, or Of saving institutions, having
no capital stock, and doing no other bust
ness than necessary deposits, to be loaned
or invested for tho sole benefit of parties
making such deposits, without profit OF
compensation, are to be made on the first
Monday of January and July of each year.
This postpones the return for liabilities oe-
curing in July, 1865, until January, 1867.
LAO 5CAGA 81 A0A CgLbluub QultNg anu
Breadstuffs are weak, and tending down.
ward. The demand for Flour is on a quite
limited scale, and except for the best grades,
of which there is only a fair supply, the
market lacks irmness, and concessions
could be readily obtained. There was a
better inquiry for Spring Wheat to-day,
and a couple Of round lots changed hands,
but prices were not made public; for car
lots SI.96 was realized, but this is an ex-
IRENE figure. Red Winter is not wanted.
and is difficult to work Off at any price
Corn was in moderate request and firm at
sea- zoe for No. 1. Oats we're quiet and hard
ly so firm, though without material change.
In Provisions there was less doing today,
but the market was firm and prices un-
changed. Butter continues to meet with
only a local demand, there being no inquiry
for shipping lots. Holders, however, are
firm, and the market is quite up to our quo
tations. Cheese is dull, but steady and un-
changed. Eggs are in moderate request at
I2@15c. HighHines continue scarce and
firm at S2,2s. There is a little better feel
ing in Petroleum, and a somewhat improved
inquiry for Refined in bond, but the market
is still quiet; Free oil is neglected. Prices
are steady at SIC for bonded, present de-
livery; Free SIC.
The receipts and shipments Of produce
and merchandise at this port, for the week
end;pr with Cafurdo- IosF ,-,ra as Cou.-.