Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1865-03-27
Special RepOrE.
NEW YORK, March 25.


The Stock market shows strong tenden-
cy toward recovering from the last few days
of panic. Business at the Board was more
active. There was spredominsnes of buy
ers this morning, and prices were some
what higher. Government Gold Bonds
are all firm, with fair demand generally.
Coal and Miscellaneous shares are all bet
ter. There is very little movement in
Bank shares, State bonds and Railway
mortgages.
The Gold speculation opened with in
creased firmness this morning, owing to an
unfsvorsble Interpretation of the news
from Sherman, and there was a shsrprslly
in the price. The market afterwards be-
came heavy, and steadily declined towards
noon, under the rumor that Johnston had
been killed.
The demand for Money was readily met,
on good collstersls, at per cent, and the
supply was abundant.
AS usual on Saturday, the demand for
Foreign Exchange was nominal.
PETROLEUM STOCKS.
Petroleum stocks are better, with fair
demand. The sales were-Excelsior 375;
Oceanics 21O; Tack Sl5; United States
=; Cherry Run Il; Germsnis 713;
Knickerbocker so.
Petroleum closed quiet but firm and
steady at 84c for crude, SAC for refined in
bond, and 74c for free.
COMMERCIAL AND TRADE SUMMARY.
The Commercials money article says the
real cause of the Generalization in bust
ness is the utter uncertainty about the fu-
ture premium on Gold. No oneventures
to give an opinien asto what its future
price ought to be, or to what extent If
should be affected by peace, and none give
intelligent reasons for the extremeness Of
the late decline.
The same paper, in q review of the Dry
Goods trade, ssysthe trade in cotton goods
has been more demoralized during the
week than any other branch OF business.
The uncertainty about the value of cotton
is the principal cause of the difference.
Added to this, the heavy decline in gold
affected the market for cotton fabric equal
ly with sll other markets. The principal
transactions in cotton goods have been in
lets thrown upon the market in an irregu.
lar way to realize money, and which have
been bought very much below The price
demanded by agents. Jobbers continue tt
sell large amounts of goods below tht
prices asked by commission houses, from 1
conviction that it is hopeless to expect 81
esrly recovery of values. The entire
range of prints is jobbed at 15@173 pc
cent. below agents prices. The same i
true of delaines, and Of many brands o
blesched goods. The trade In woolel
goods, though it is much less dsrsnget
than cotton, is paralyzed by the decline il
gold. Az cotton goods are especially de
pressed, but comparative stesdiness of woC
and its strictly moderate supply, help kee
up quotations for all wool fabrics. There
at present a difference varyingfom Toto 2
per cent. between buyers and sellers o
woolen goods, but indications arc that holC
ers will speedily moderate quotstions, so
to facilitate transactions.
The Express says that the failures durin
the week have not been as Numerous +,
generally expected. The only importal
ones are &. Il. yelling & Co., and Streete
Faxon & Patton, in Dry Goods Trade; I
J. Lyons & Co, and Rebels, in the Col
Room, and james Dart & Co., in the StoG
Exchange.
NEW YORK ITEMS.
The statement teIegrsphed to-day COZ
cerning the strength of the rebel arm.
with views of leaders and the general sta
of affairs in the South is from Tribune
Washington correspondent. The TEi6s1
editorislly says it has the best reason f
believing it entirely trustworthy in
most essential psrts. It's entirely in a
eordance with similar information whiC
has been received in another way.
A meeting was held to-day at the Asst
House to make arrangements for the cell
: bration of the attack on Fort Sumter, st q
Academy of Music, on the 18th of April
EXCHANGE OF DEsERTERs.
The Times Army of the Potomac co
: respondent says; Several deserters wi
have recently come into our lines state tn
|, the rebel officers slltheir men that srrsng