The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-09-23
FINANCIAL.

NEW YORK, September %.
The stock market is more active and
stronger. The continued large earnings
Of the roads in face of the expected de-
crease, as the result of peace, has strength
ened confidence among operators, and
there sppears to be 9 dispC sition to start
speculation for a rise. There is an i'm.
provement from the outside public. Erie
active and fftmer. Sales over 5000 shares.
At Board the price closed at ! advance.
Reading more active. Sales 5000 shares
at Board price. Closed ! higher. Ohio &
Mississippi certificates in demand and 3c
better. Milwaukee s. Prairie du Chen
firm, with moderate transactions price &c
better
Gnuernment stesAs LnoIe S0.EVo. 0O1a
bearing bonds very firm 6's of 1881 &c
higher; old issues 5-2O's coupon &c, and
new issues Sc the latter closing at 1864;
1905 weaker and pressed for sale.
State bonds firm.
Miscellaneous shares generally better.
Coal stocks continue to attract consider
able attention, and prices remain very
firm
The gold'msrket wal steady at decline
of ! to from the closing rate of last
evening. Prices ranged from l433 to l43E.
The export by to-morrow's steamer is like
ly 10 be $3.50, 900.
Custom demands continue very active.
The amount of gold interest to be diAbursed
in the 2Os, is about SIS 900 900, the bulk
of which is to be paid at this point. The
Coupons only will be anticipated, and
the Registered bonds will not be paid until
the regular time.
Railway mortgages dull and not offered
unless at very full prices.
There is an increasing demand for money
in the discount market, and Commercial
paper is quite active at 63@1O per cent in
crease.
The volume of speculation creates q
little more demand for call leans, but the
market is well supplied with money at Eve
per cent.
The stock market was stormy at the
second and last boards, and the closing
quotations were the highest of the day.
Sterling exchange is firm, but business
for to morrow's market is light Bankers
generally ask lO94alloi but sales are
firm, second hand, at lOs3s1O9s.
The following were the closing quota
tions st 4:S5 Pm:
New York Central s3sAs3E; Erie ss4s
sss; Hudson 1Os41O93; Reading lOs9s
lO94 Michigan Southern ss3a6ss Illinois
Central scrip 81 2s5a1 20; Cleveland and
Pittsburg 7lsa72; Prairie du Chen 544s
54!; Fort Wayne ss4499.
The Commercial Advertiser ssys the
present condition of foreign exchange un-
sold seems to indicate that an early export
of an important amount of specie Is newt
able. The exports for the last three months
have fallen very much below the imports.
From the week ending June 5th, to the
week ending September 18th the exports,
exclusive of specie were $42,567,7 ISL, and
of specie 6, 58S. ssl, to which must also be
added the shipments of say $25,Ooo 900 Of
5 2Ol, and probably $4,000, 900 of other Sc
curities, making an export of SIS, 1913, $50,
against which we have an importation for
the same period of $69. 1922, ,s66.
Reducing the exports to specie value on
the basis of gold at 100 We should have
the following results: Exports of produce
and merchandise $50 ass, 900; exports of
securities, $31, ,426, $50; exports of specie,
$3.50 ss1; total exports, $54. 1872, ,ssl; im-
ports, So, ,322 $50; balance, $ll, $50, ,oS6.
There is balance of $12. .00O. 900, in specie
value, due to foreign countries upon trade
at this port for the last fourteen weeks.
The trade of Boston, for June and July,
shows q balance due foreign countries of
about $2,75OOOO, gold valus, which has
been increased, during August and Septem-
Der, but to what extent We are not aware.
PETROLEUM STOCKS.
Petroleum stocks firm.
Sales were made at the first board st
the following prices;
Pit Hole Creek $50; Inexhsustible ssi
Webster l54; Buchanan Farm 81; First
National %; Watson 212; United States
2755; Oil Greek 225.
Second board prices were:
Pit Hole Greek s25i Mountain S85