Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1865-01-06

to secure them on account of the non-sr-
rival of cotton for payment.
IMMENSE LOSS ON RoN-cLADs.
The Times Washington special says
The Committee on the Conduct of the
War, who went North to make examine
ton of the iron-clsds now building in the
Navy Yards, have completed their labors
Their report will show that there will be
loss of $l5,OO0,OoO to the Government
by their construction
NEW YORK, Jan. 5.
FINANCIAL
The Railroad Share market was lower.
compared with the closing rates last eve
ming, with moderate business doing.
= Government Securities are frmer, with
sn sctive demand.
State Stocks are higher. Missouri skies
in good demand and higher
Cosl Shares are generally lower
Miscellaneous List.-Quicksilver strong
er; Msriposs heavy and 2@3c lower.
Stocks were stronger at the Second |
Board, but transactions were very light |
The Directors of the Erie road to-day de. |
cla1ed dividend Of per cent On common,
and 81 per cent. on preferred.
At the Petroleum Board stocks were /
| quiet and generally steady. Sales of 200 /
Germsnia at s1l5 35; 500 Manhattan at
zoe; 100 Rynde Farm at 525; 200 Buch-
| anan Farm at 1s5.
The Gold market was very quiet to-day
The street was unusually free from rumors,
and operations were light.
Money was in good demand at per
cent and few loans were made at Der
cent.
Foreign Exchange quiet and nominal.
THE TEN-FoRTY LOAN.
The subscriptions to the lO-4O loan we're
large, owing to its withdrawal tomorrow.
The Ninth National Bank, of this city, Of
fsrs to receive subscriptions by telegraph
up TO the last moment.
STOCKS.
At Gallagher's Evening Exchange.
Gold closed at 2271.
Stocks quoted: New ork Central II83:
Erie 842 Hudson ll25; Reading lI7f;
Mich Southern 72s; Illinois Central I27
Pittsburg 81; Rock Island los; North
Western 3s4j 10. preferred 20; Ft WRyne
1909; O&M Certificates 33s3 Cleveland
and Toledo 1881 !; Canton =; Cumberland
46, Quicksilver ss2i Mariposs 16.
SOUTHERN NEWS.
The Richmond Dispatch of ID SAWS:
A gentleman just arrived from the vicinity |
of Columbia, Tennessee, states that since | {
Hoods arrival in central Tennessee, he has
recruited his army largely, and driven
southwaId over 10000 hogs and 900 beef
cattle, he also captured large quantity {
of -four, and corn enough to last his army I
three months. In order to secure his re-
turn across Dutch river, ne posted 2 or IA !
cannon to keep the river clear. He crossed 1
his main force, when the enemy attacked {
his guard and they were unable to bring {
of the pieces.
Hood is conscripting all able-bodied men /
from II TO so years Of age
THE EXAMINER ON JEFF. DAVIS.
The Examiner has a furious review of L
Davis management Its the duty of Con-
5ress to take some decided steps to prevent
our means of defense being thrown ayay
any longer at hap hazard AID at worse
.han hazard fancies, especially if one un- S
likely man in common place Whole expe- b
liencies for filing up the ranks are worse 6
han useless. The military affairs Of the
Jonfsderacy must be controlled by more
Judgment and batter sense. Although the Il
condition of these affairs is not now what Il
We had right to expect, yet they are not
lest, the Confederacy is still ii
Ible to make resistance and successful de-
ense against all its enemies, but only on
condition that IFS efforts sreIguided by some
aim wisdom and conducted on a consist
mt plan. e
MR.. FESsENDEN s
The Posts Washington special Gays: It b
s believed that Mr. Fessenden will ask for
,ower to issue more 7-3O currency bonds.
)nly $s5,0OO,oO0 of the $780, 900 he
vas authorized to issue, are left.
CONSTITUTIONAL AMENDMENT.
Mr.. Ashley, of Ohio, will speak to-mor- tt
ow on the question of the Constitutional u
amendment to prohibit slavery. There is D
N improving prospect of the passage of o
he amendment.
ELECTION OF UNITED STATES SENATOR. !
AUGUSTA, Ne, Jan. 5. P
Hon. VIM. Pitt Fessenden was unsn- d
mously elected United States Senator for
TX years from the 4th of March next, by T
both the Senate and the House.
THE PRESIDENT TO ISSUE A PROCLAMATION b
a Washington special says The state o
nenf, in the foreign news by the Asia,
hat the Mexican President has issued s.
etters of marque and reprisal to Amer
cans, against French ships, which is not r
believed here in Government circles, will b
probably bring out proclamation from d
President Lincoln, warning tho people I
not to engage in the business under such s
pspers on pain of being treated as pirates I
CAPT. oonLNs.
1t is due to Capt. Collins to say that he
was detached from the command of the Z
Wschusetts at his own request and that f
be has not been censured either by the I
President or Navy Department for his ac- .
lion in the Florida affair. He has not been
ordered before court martisl, and there 1
are no charges preferred again q him. s
MARYLAND LEGISLATURE.
BALTIMORE, Jan. 5.
The Legislature Of Maryland completed !
its organization to-day. Gov. Bradford :
congrstulstes the members on the passage
Of the New Constitution and the consum-
nation of emancipation. he claims COM
pensstion to the State by the General
Government.
COLLISION.
A collision occurred, to-day, in the Ber-
gen, New Jersey, tunnel, between the
Morris and Essex train and the Erie train. {
A portion of the former had become de-
tsched, and while connection was being
made, the out wsrd-bound train for Patter-
son, on the Erie road, ran into the rear of
it, demolishing the Morris and Essex cars.
-Four or five persons were killed and
number injured, all residing in Newark
The Erie train was undsmaged. No delay
on the roads has been caused by the ac-
cident.
BALTIMORE M .RRET.