The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-10-03
Special RepOrt.
STOCKS.

The speculative activity in stocks con-
tinaes. The railroad list is excited and
TRANSACTION at this mornings Board ex-
ceeds those of any day for many months.
z clique has taken hold of the Cleveland
s. Pittsburg and run up the price two per
cent. at this mornings board, with sales of
5000 shares. Michigan Southern also
sold largely, closing at rise of q per
cent. Chicago & Alton induced for in
vestment, but orders cannot be filed at
the prices bid.
The miscellaneous list was strong and
active. Gold. bearing stocks are especially
dull. Five-Twenties are 3c lower, and
Seven -Thirties better. There vas slight
decline in stocks at the Second Board
owing to the heavy realization and agita-
ton of the loan question, Int at the last
board the market was steady. The nun
Der of outsiders in the stock market is
steadily increasing.
The following are the closing quotations:
New York Central, 9s4 Erie, s73i Hud-
son, Ill; Reading, ll6s Michigan South
ern and Northern Indiana, 73; Cleveland
and Pittsburgh, 744; Chicago and Rock
leland, ex-dividend, 1913; Chicago and
Northwestern, preferred, 644.
There was rather more of demand for
money, but the first class houses readily
supplied at per cent, and no one paid
over per cent.
The discount market was better supplied
with commercial paper, and the rates are
from to 1s per cent.
The new loan will have no permanent
effect upon the money market.
Gold closed at 1443.
Sterling firm at 1O92@11O.
00vernm5uJ securities are lcwer; 5-20s
1929.
PETROLEUM.
Petroleum stocks were moro active to.
day. and advanced in price: Pithole Creek
s15, Hall AcClintock 600, Widow McClin-
took 100, Bennehoff 1860, Montana $50
United States 3Os5, cherry Run 20, Buch-
anAn 1885, Excelsior 90, Germania 40, Oil
Creek 140.
EMIGRATION.
The Herald says. wonderful stimulus
has been hapsrted to emigration from
Germany since the close OF the war. A
Berlin correspondent says two new steam
ers srs being built in Glasgow for the Bre-
men Lloyds line to New York, which will
make seven large steamers in the line.
The Hamburg and New York company in
the future will run one of their seven
steamers regularly each week. The COM
petition between these German lines and
the Southampton steamers has resulted in
considerable reduction of fare. From all
the projects now in contemplation it sp-
pears that the tonnsge of steamers plying
between the United States and Europe will
soon amount to 1000, 900 tons.
TO BE RESUMED.
The American steamers Fulton and
Arago are announced to resume their trips
to Southampton and Havre.
THE ENGLISH CAPITALISTS AND THEIR
DESIGNS,
In announcing the return of Sir Morton
Peto and party from their tour, the Herald
says; Among the gratifying results of this
visit will be the laying of double track
on the Erie road from New York to It's
junction with the Atlantic & Great West
eEn; shortening of distance on the Erie
road seventy miles; the building of
railroad bridge across the Niagara near
Buffalo, a structure that will cost some
100000; and, the extension Of the
branches of the Atlantic and Great
Western Railway from all the principal
points where the main track is laid. These
enterprises will involve an expense of per-
haps 500, 600, 900. But this is nothing
taking account of the real designs of these
Europeans, namely, shortening of the route
to the East Indies by grand railroad
across the American continent.
The Times Of to-day says the steamers
City of Boston and Evin, which sailed on
Saturday, are said to have taken 81, ,OOO,O
in bonds for the use of the embryotic Irish
Republic. It is currently reported that as
soon as these bonds reach Ireland matters
will assume q definite form, and 3 proc
lamation-also printed here--will be spread
broadcast through the land, and SO we'll
guarded are the avenues that there is no
possible way Of the British government
obtaining the documents or of interfering
with the plan of distribution. It is claimed
the bonds have nearly all been subscribed
for and many BY people whom the govern
ment most respects.
On the other hand the British govern.
ment claims to have knowledge of the ship.
ment of the bonds and 10 have an agent
on board the steamers in question, who at
the proper time will seize them and turn
them over to the home government. In
all PROBABILITY both steamers will be thor
oughly searched before going to Queens
town, or before any passengers or freight
are allowed to land. War vessels are by
this time at Queenstown for the express
purpose.