Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1865-03-21
the recent freahets have damaged the

the recent freahets have damaged the
roads very materially.
The falling of, and consequent unsettle.
ment Of business and value have produced
depression Of Government securities, IN
which have been invested too large sr
amount of reserve funds of mercantile
firms and other classes, who have suffered
50 severely from the panic that they are
under the necessity of realizing.
State bonds dull and heavy.
Coal and miscellaneous shares general
ly depressed, and lower prices made
throughout the lists
Gold speculation ruled very strong
throughout the morning. The average
price was better than the closing rate
Saturday evening after the report started
that Lee had resigned there was falling
off of 3@81 per cent from the highdsi
point Of the day.
HARR1sBURe, March 20.
THE FREsHET.
The extraordinary freshets in the Sus.
qushannah and Juniata rivers are subsid-
ing. The water is falling rapidly. The
damage to the Pennsylvania Central road
is now in working condition between HAr.
-Sisburg and Pittsburgh. Eastward trains
came through on time to-day from Pitts
burgh to Harrisburg.
The damage to the track that was over
flowed east of Harrisburg, six miles, will
be repaired By tomorrow evening. Inthe
meantime the business of the road to and
from Philadelphia and New York is passing
over the Philadelphia and Reading road.
The Cumberland Valley bridge has been
repaired and the trains of the Northern
Central Railway between Harrisburg are
passing as usuRl
signed] THos. A. SCoTF,
Vice President P. R.
NEW YORK, March 20.
The damage by high water TO the Erie
Railroad has been so fsr repaired that
trains are now running between New
York, Chemung, Addison and Buffalo.
PITTsBURG, March 20.
Telegrsphic communication with Oil
City not being re-estsb1ished, we can give
but mesgre details of the losses by the late
food. Total loss immense-being moder-
ately estimated at over two million of dol
lars.
Oil City was completely flooded, and
many business Offices were foated away by
the water, which rose with most unprece-
dented rspidity. All the bottom lands
above Oil City, were submerged, and the
McClintock and Oil City bridge over Oil
Greek, and franklin bridge over French
Creek, were carried away. Tanks con-
tanning large quantities of oil came down
and the river wss black with floating bar
rels, most of them filed with oil.
Along the banks were sad evidences of
the wreck; houses gone, and families camp
ing along the banks. All the towns along
the Allegheny river were inundated. A
considerable quantity of the oil in barrels
will be recovered, having foated into the
eddieing waters at the mouth of Sewickly
Greek. It is estimated that one hundred
thousand dollars worth of property has
been washed ashore. A large field at Man
chester is entirely covered with oil barrels,
and one piece of bottom land, short dis
tance below, about twenty.one acres in ex-
tent, is covered from six to eight feet with
oil barrels and lumber in a confused mass
The Herald, editorisIy, thinks the rebels
will eYacuate Richmond without another
battle. 1t says it is the only alternative
left to save Lees army. 1t thinks Lee will
torn junction with Joe johnson, at Dan
vile.
RUMoRED DEATH OF TOM SAVERS.
A Liverpool letter mentions the death of
Sayers, the prize fighter. Belts Life con-
tradicts the report.
WOMAN FROM MOBILE.
The Times New Orleans correspondence
says a woman, who left Mobile on the 5th,
says troops were being removed and there
was every indication that the city would
be evacuated. 1t is probable that most Of
the garrison is outside the city limits.
Rebel officers, who recently deserted,
say the city will be defended, and think it
can be taken.
FROM SHERIDAN.
The Times correspondent writing from
White House, says Sheridan has destroyed
more property than was ever before de-
stroyed in one expedition. In one day he
two million dollars worth. The
Kanawha and james River Canal could
not be repaired in two years. The banks
are cut and the levels drained frequently at
points where rapid streams wash out the
very bed of the canal its.K at one point
near Scotvi'le, the bed, before our troops
left, had been washed out ten feet and a
powerful mountain feeder is making it
deeper every hour. From DavidsviIle to
Goochland every lock and every level was
destroyed 80 thoroughly that every pOr.
tion will have to be rebuilt. Sheridan's
command has obtained supplies for horses
and men in thirteen counties. The amount
of supplies consumed, wasted and issued
to the starving poor would have been suf-
fcient TO feed Lees army for months.