The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-05-10
Special Report.
NEW YORK, May 9.
FINANCIAL.

The stock market is unsettled.
The continued decline in gold produced
caution respecting prices and there is
disposition to sell at lower quotations. The
bears svailed themselves of this feeling and
hammered the market vigorously this
morning without success.
There was a decline in Railroad stocks of
/ per cent
Later in the day the market became bet
ter and returned to very near the opening
prices of this morning.
New York Central and Erie's were quite
active, but there wss not much done in
other stocks.
There was considerable animation on the
Government list, and heavy business
done in old .2Os at 1O53sIO6. Other bonds
we're firm and in fair demand.
State bonds have been quiet and steady
to-day. Bank shares are very strong.
Railroad mortgages are firm with sales
at full prices.
Coal and miscellaneous shares are heavy
and generally lower.
The gold room was more active this A.
NJ. than it has been for some time past
The price opening at 1877, but steadily de-
clined to 1861, and then rallied to lS7.-
There was heavy sales and a considerable
speculative movement. Some fnaneiers
predict further decline before the close OF
the month. Monies remain easy.
PETROLEUM.
Petroleum stocks are quiet but active,
with q good market. United States con-
tinues to decline on the report that the
well has stopped. Sales were as follows
Buchanan Farm 136, Excelsior $50, Ger
mania 62, Rynd Farm 80, Tack $50, EN-
pire City 29O, United States 1900, Cherry
Run 55, Knickerbocker 55.
Petroleum is in active demand for crude
for future delivery 37@3sci refined il
bond nominal at 53@54c; free steady a
7s@74c.
DELINQUENT PosTMAsTERs.
The Tribune's Washington special say
the Government is preparing to collect
much of its postal revenues from delinquen
debtor posimasters. When the rebellion
broke out most of the 1000 pos!masters il
/ the rebel States were largely in arrears 70
: stsmps and newspaper postage. By
: special act passed lsst winterthe real estai
of delinquent postmaster, and of his secr
, rites, may be seized by attachment, an
/ the publication of such attachment shall
notice to every debtor of such delnque1
to pay their debts to the United States an
not to ex. postmasters.
NATIONAL CEMETERY.
The lofty plateau of Arlington has bee
n converted into q national cemetery for ol
J. soldiers and seamen who die in or mel
9 Washington. 1t was opened for intermel
e on the 1st of May, 1864, and within yeI
h five thousand have been buried there l
10 conversion to q cemetery renders it in
= possible for it ever to be used sgsin as
n residence.
IS The Herald's Washington special So
ID there was q special Cabinet meeting
= = day, continuing over four hours. The su
~ iect of trade and commerce with insure
tionary States was under eonsi1erstio
in It will be brought up again tomorrow
the regular meeting. The Importance
Il
agent of reconstruction and pacifcstioIl
ne fully appreciated by the President and
'H' Cabinet, and the discussion is as to h'
be this can be best accomplished under
n laws of Congress, framed for q very diff
ent condition of affairs.
en The general financial condition of
in Southern States, IS affecting the comm
las eial returns, has also been fully consider
to in the Cobinet consultations upon the 81
ieet.
THE LOYAL GOVERNMENT OF VIRGIN
. The loyal State government of Virgil
m il 70 be removed, next week, to Richmol
40 where Governor Pierpont will attend
Isl Isl the reconstruction of the civil author
the throughout Virginia.
Of NO FOREIGN LOAN SOLICITED.
m The reports about any party being
;u1 ;n to Europe to negotiate loans for the G
stie eminent are without foundation. 80 81
movement is contemplated.
oFYIcERs REsIGNING-
J, Large numbers of military officers
,rd, rendering their designations. Thirt
ght general officers have already resigned.
les A MILITARY FORCE TO REMAIN IN
8Ie GINA.
tne It has been decided to retain for
TsSS Ts~ present the military force st Stauntor
the valley Of Virginia