Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1864-10-31
Special Report.
UNFAvoRABLE NEWS.

NEW York, Oct 20.
The Western Press operators consider
the news from Grant unfsvOrable.
FINANCIAL AND COMMERCIAL.
In consequence of reports Of unfsvora-
BILE news from Grant, Stocks and Gold
show strong upward tendency.
Speculation assumed hrmer tone, and
the decline Of yesterday afternoon was re-
covered. Parties lately in the Bear inter
est have turned over on the other side, and
are operating heavily for rise. Reading,
Michigan Southern, illinois Central, and
Chicago & Northwestern are stocks in
which they are chiefly operating.
Government Stocks are stronger.
Mining Stocks quiet but firm.
Gold opened at an advance of q cents,
and by noon was cents above the closing
rates last evening. It afterwards reeeded
about I per cent. from the highest point,
and the market was firm at the decline.
Heavy shipments of corn to-day, and the
nOn-confrmation of the capture of the
South Side road, tended to assist the up
ward movement. =7 -1.
EXPORT OF SPECIE
The steamers City of Washington and
Teutonia to-day took out $s29, 900 in spe-
cie-the weeks losses upon an easy Money
market.
/
The rise in gold to-day caused a hrmer
feeling in Trade circles generally.
The quotations at Gsllaghers Evening
Exchange were:
Gold, 22Os; New York Central, l21i /;
Erie, 97S Hudson, 1927; Reading, 1ss;
Michigan Central, 1871; Toledo, 1I2}
ROek Island, 97S; Northwestern, ~ do.
preferred, 1885, Fort Wayne, 1O4; Ohio &
Mississippi Certificates, a7f; Cumberland,
53ti Quicksilver, s24; MsripOsS ss3.
The market was exceedingly active and
strong.
Gold sold, after call, at 22o.
| SOUTHERN NEWS.
An extra session OF the Alabama Legis-
lature was called, to provide for a more
thorough defence of the State. It ad-
journed without accomplishing anything
The Mobile Nes0s says, the only thing
the legislature attended to was increasing
their own salaries for the approaching
session.
The Mobile Advertiser says, the legisls-
ture refused to do anything to raise men
for the support Of the Confederate Govern
ment, or the defence of their own State,
but they introduced resolutions, which in
all probability, thousand men in arms
against US, could not do the injury the IN
PRODUCTION of these resolutions will do.
The Macon Confederate says, the health
of Hoods army is excellent. Struggling
has almost entirely ceased. -
The Richmond Dispateh of the 26th,
says: .-a-
The hostile armies are 50 strongly en-
trenched that it would seem sheer madness
for either to attack the other in front In
some places they were 400 and in others
not over 100 yards apart. They may re-
main in their respective positions all win
ter, or any morning or night may bring on
a collision.
The Sentinel of the 2sth, says:
1t is necessary that the rebel States
should be solidly united, and declares that
separate negotiations for peace are un-
constitutional, and that nothing could be
more fatal. .......
FROM GRANTS ARMY.
Nothing later from General Grant than
was telegraphed to-day.
w.t ALL QUIET.
Dispatches from the Shenandoah valley
represent all quiet.
GUERRILLA
The guerrillas between Martinsburg and
Winchester are very bad. A strong guard
is necessary to protect trains and persons
passing through.
-.8 RAIDS
The rebels sre reported to be preparing
for an extensive raid towards West Vir-