Cleveland daily leader. [volume] ([Cleveland, Ohio]) 1865-1873, 1865-10-31
MARKETS BY TELEGRAPH.
OUR MIDNIGHT MARKET REPORT.
Especial Dispatch to Western Associated Press.I
NEW YORK, October 80.

Especial Dispatch to Western Associated Press.]
NEW YORK, October 80.
FINANCIAL.
The Bank statement shows a decrese of si,065,-
90 in loans, which about represents the amount OF
temporary loan withdraws from the sub-Treasury.
Therefore it cannot be considered a. indications OF
any contraction Of discounts or ordinary loan
Private bankers are better supplied with money.
Merchants prefer employing their balances with
them to banks during the present high rates OF in
terest, which may partially account for the DOWN
ward tendency in bank deposits fer the last three
weeks.
The street is we'll supplied with money at legal
rates. Uniformly there is still a very active de-
mand for discounts, and with a better supply of
money. Transactions are increased, and the close
scrutiny somewhat relaxed. Very choice names
good paper passes at 71299 per cent, and second
class at II very irregular quotation.
STOCK MARKET.
The gradual return to an easier money market
encourages operations in stocks. The drift Of
speculation, however, is conflicting, the market
being about equally divided between operations for
a rise and for lower prices There is a firm sub
stratum of confidence in the real value Of railroad
stocks, which would appear sufficient TO sustain
prices. Those wkO operate Tor a TALL in quotations
appear to be Influenced chiefly by the expectation
of an unsettled feeling at the opening OF Congress,
which can only be expected to prove temporary
The Bulls had a successful run upon some of the
leading stOcks,--r4af4IIr Enrt Mayne- which adj
vanced % Milwaukee and Prairie du Cniru,
which rose 5, anu the OleNelanu anu IllthDufHn
and Michigan southern.
At the first board the transactions were unusu-
ally large. Sales of Rerding, Michigan Southern,
Cleveland and Pittsburgh, North Western, prefer
red, and Fort Vague, amounted to 10000 shares.
GOVERNMENT SECURITIES.
Government securities rather more active, and
on the whole firmer. Old BIOS rose a; 7-4ns and
TO 4 new issue 5-2Us declined 4, and %certifi-
Gates Of indebtedness H.
GOLD.
Gold I455S.
The Express saws Of the money market
. The market was easier to-day, aud there was an
abundance of capital offered TO the brokers at 7pcr
cent. on call There is much better feeling, and
there il a good demand for discounts, and cOmmer-
cial paper passes ut l@lE per cent
STOCKS.
Thu stock market was strong ut the Second
Board ON the Railway list, and higher prices were
generally made with Menhattan, Northwestern
preferred, Fort Wayne, and Prairie du CHEN us
the %favOrites.
The miscellaneous list was frmer. On Atlantic
Mail the stock freely sold at I5i@l55. After call
Spring Mountain coal shares were in demand and
sold So and So.
At the last Board stocks were strong and active,
except on Pittsburgh.
The increase in money has has started a lively
speculation in the stock market, and the rise
throughout tho day hat been quite marked on Lead
ing shares. There are increased numbers of out
side orders, and the bull interest has been mate
AAahS HAfhotAthtA-
NEW YORK, October 30.
STOCKS.
The following are the closing prices at 800 P. NJ;
New York Central 99%@9g4; Erie 9l2s@9l14;
Reading1 I5%@IlG; Rock island lO9I29l0g4;
Northwestern 3I@33, preferred ditto 679s; Fort
Wayne IOJ4@lO51s; Prairie du Chen g11s; Allan
tic Mail 1521%@I53; Canton 2JH@i5%; Cumber-
land Coal 43@44; Quicksilver 4SL2@49.
PETROLEUM STOCKS.
Petroleum stocks sold to-day at the following
rates with a steady market;
Buchanan 30; Cherry Run %; Germania IS; Oil
Greek $50; Pithole 1910; konowsha leo; Shad Riv-
er 800; Webster 49,; BennehOf lll5i First Nation
al 20; McClintock 6s.
PETROLEUM.
Petroleum is more active. Crude 35%@36; Re-
fined in bond 5S%95o; free 1597I. Sales Loo
bbis bonded at $50.
Germania and Highgate, the Commercial says the
reduced capital in each company represent the
amount actually paid up, and upon the new basis
both companies are expected TO pay a dividend. 1t
was a great mistake in the recent organization Of
oil companies that their par capital was stated
vastly in excess of the capital actually invested.
The policy of contraction is better for the credit OF
the companies, and for the interests Of the share
holders.
DRY GOODS.
Cottons-Standards S5Zi Medfords 81 Great
Bleached Cottons-N. Y. Mills 571%; wausutta
IS; Laudsall 40; Hall Gl1s.
Prints-Spragucs' pink and purple 81; Tracy
2SI%; DunnelI2S: Richmond %; Aliens 2712-
Tckings-NOrthern "A 6S1S; Hamilton, regular,
ST.; Hamilton D 521s; Swirl River 3I12-
Stripes-YOrk, Eaton and Albany I6, 80 and 70;
Drumm's Amoskeog 62A-
DrilIings-Standard As; Stark II 30; Globe 81.
Canton Flannel-PembertOn A bieachsd 6I14.
Kentucky ~Jeans-ROlman GI%-
Cambrics-WashingtOn z.
Cassimere-Evans, silk mixed, Dds.
Delaines-Pacifc 80.
Spool Cotton-COat 10, and Green Daniels 50;
Hadley & Co. 90.
The following dispatches were on the bulIitins
in the Dry Goods Exchange to-day
BosToN, October 30.-Weather is fine indica-
tions Of good trade market stationary with ap-
pearances quite promising.
PHILADELPHIA, October 30.-The dry goods trade
is quiet as usual, and without an change in the
leading articles Of cotton and WOODEN goods.
BALTIMORE, October 3O.-Market.quie and prices
unchanged.