Cleveland daily leader. [volume] ([Cleveland, Ohio]) 1865-1873, 1866-05-23

whose loans have been called in we're hurrying
round the street and freely offering 7 per cent. at
which rate they mostly found accommodations; 30
thus far there has been no realizing upon cOllat-
terals. About l O'Clock money was loaned some
what freely at : per cent, and the indications APP
pear to be that the market will close easier than
it opened.
Assistant Treasurer Van Dyke has signihod his
willingness to give to the banks the requirement
Of 10 days notice upon temporary deposits, but as
yet none Of the banks have felt It necessary to fall
back upon the sub-Treasury. They naturally
prefer a condition Of supply which will give them
a Cal per cent. rate or di-c0unt, ard will only
withdraw funds from the sub Treasury under a
Yesterday IA. Sub-Treasury sold ten mil
lions f gold, but this morning suspended selling.
Shonl4 any attempt BE- made to run mp the pre-
MUM to an eNirrme rate, the government still
Stands with 5000 600 or 100 o,tm Of its own
avallahle coin to check u.
The stock market suffers IN sSmpathy with the
disturbance OF loans. At ih- Bard Pricas were
OF Lace per CEN. but showed a slight recovery
after wards. The SHORTS awaited Themselves freely
o! the tail for covering their contracts rspecisny
on Erie, Illinois Central. Mi higan southern and
Cleveland aud Pittsburgh
Governments are decidedly weak under the eA-
pectation Of further returns of5-9ls. 5-2Os are !
per cent lower; issues Of IS y. l0-4O- Z. aud t-5ps
lower Certificates Of indebtedness are selling
al 935sdlO0-
The gold market is placed oncs more Under the
control Of speculation by the ret ring Of the Gov
eminent broker from the room The 100000
bought yesterday from the Snb-TreasHTy will
piobably supply the requirements for export for
some time to come. This morning the price opened
at 1905. steadily rose to 1874, after which It re-
acted to l32A.
The shipment Of specie tomorrow is likely TO
fully equal that Of last Wednesday
Private advices 10y the Cuba indicate that the
amount Of 5-20s returned by that steamer will be
large.
buying TO a very limited'e0tent, and the principal
remittance appears to be GU bankers own account
and in sight bills drawn against gold.
The Express says Of the great financial panic in
Europe, the material for some such exp OsiOn had
been gradually accommodating in all the great
financial and commercial countries for ONE time
past, yet the spark that finally produced the
catastrophe turns out to have been a speech from
the Emperor Napoleon on sunday, May 9Th, to the
working men and farmers Of AuXerre, OF q char
acter to almost justify the conviction that the re-
cent profession OF neutrality in the impending
German war, professed by NJ. Rouher, Minister OF
State, are not meant to be kept.
The Post says
1t does not appear likely that we shall be alec
ted seriously by this English panic, at the same
time the sud- II failures and stoppEges Of import
ant houses in London, should warn our business
men to be careful 1t was generally expected IN
England that we would before now suffer from
financial disorders, and indeed this expectation
has been entertained here as we'll. That we have S o
far escaped, and that England brasks down befo 70
we do, ought not TO make Us Over-cou1 lent o r
venturesome. We shall need the utmost care and
skill to avoid serious misfortunes, and certainly
the recent disorders, financial and social in Europe
do not simplify rather complicate our own dangers.
New York Market-May ~.
COrroS-Less active but very firm. Sales at
CSC for middling.
FLOUR-Shade irmer, with only q moderate de-
sales at 50. OO@9,55 for common to good ship
ping brands extra round hoop Ohio, S9,6O9l3,I5
for trade brands. Closing quiet.
WurcEv-0ufaf and mammal SaIea at 80 gGm
WHEAr-3@5c higher, but very quiet at an adj
vance. Millers are refusing TO operate at the
sales at 81 o for now No. 1 Milwaukee, prizes an
extreme; s2,5I for new amber Michigan; $500 for
white Michigan.
RrE-Quiet. Sales at s5c for western.
BARLEH-Dull-
BARLEY MALT-Dull.
COEN-Active and vase better.
sales at s2Gs5c foe new mixed western afoat
and COS for prime western yellow to arrive
sales at J55@5515c for new western; 5s9e21zc fOr
old do.
COFFFE-Dull.
sUGAR-Firmer, with more doing. Sales at lC14
ale for Cuba, andl2gl2%c for Porto Rico.
PoRk-HeaIy and less active.
Sales at sSo,2591o.50 for new mess, closing
at s30,37% cash S29,00929,25 for old mess;
s24, 2s@24,5O for prime Also 1850 bbls new
mess for May, June, July ard August, sellers and
buyers option, at S29,5o@3O,f 70.
BEEF-Steady.
Sales at sI6,OO92I, 90 for new plain mess and
81, 5OG24, 90 for new extra mess.
BEEF ~HAMs-Scarce and arm. Sales at 81, COG
1870.
BACON-Inactive.
Cur MEATs-Stcady.
Sales at 121z@IsHc for shoulders, and I7Z@
1876 for hams.
LARD-Quiet. Sales at l9G22c-
DUTTER-Quiet. Sales at 309S2c for Ohio, and
35945c for state.
~OHEEsE-Dull. Sales at 1O922c.
FBEIGHfs TO LIvERPOOL-Duli.