Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1865-04-24
IIINANGIaf q C0AIMKRCIAL,
FfNANciAL.. !. I
noRVrNa IEADER oFF1OE,

D - .ss',-t tTOREING LEADER oFFICE,
= ~ ~ SATURDAY EyESIEG, April "a 1855.
Thyesisfs ada perhaps lhe1nost important qurS-
ton at present commanding tbs attention Of
financial circles, Is ths future value OF Government
Securities. The ereat sS nts or pas; t'-o weeks,
wbSsk have Slt6bnateIy aros2ss GEszSaEl5n 20 the.
iaEsest joy and carried, 81 Down % thedeEths os
woe, srs ystto develop thir inhp-nee upon these
crits5 Of the country according to the Effects that
shsii follow fheif ansouncsment 10 Europe. The
Iafese EaIopSaaadstssshovsd difference Of about
. per cent between tn quotations ior FiYe-tWen
ties in Lcndon and EsW Y.rk. At that time the
events Of the capture OF Richmond AID the surr n
der Of Lees army had not eros ed the water, n,r
we're they expected. It Is not be DOUBTED that
when made known their effect was most sdVsnta-
geous 10 one bends, both in sdvarci the price
and bringing into the market new buyers whose
doubts and fears would be removed by the conclu
siSe testimony they gave Of the power Of the G v
ernment to restore its authority. But following
close upon this news will come the terrible intsl
gencs that the Executive Of the nation hiss besn
made the victim Of an sssss,io, and that his Min
isters vera included in the same dark and bloody
conspiracy. Such an announcement will fall upon
European cara surrounded by sI the eslamitiss
which would attend such an eFent among thtm-
selves, and would te readily received as the fore
runner Of new and serious difficult es. Uader the
impulse Of this feeling whatever advance may
have been realized upon the first news will rrob-
ably be fully lost upon the last while it is net IN
likely that lsrgs amounts will IN the eEciteneat
Of rst Impressions be returned to the United
and thrown upon this market without limit as to
price. Such a result could not but mater ally de-
press values in this market.
But thele effects can be hut temporary. The
tullims spectacle which this nation has pressI d
in the last trying ordeal Otits life; the magnificent
evidence the people have given Of their undyIng
faith in the Government; and the purpose they
more stsTnly shaw to fight down treason and re-
btion at every sacrifice viii not fail to assure the
world that the Union T. SIS not upon the arm Of an
sssassin and that its great destiny will certainly
be fulfilled spite of all the erts CT traitors With
this assurance will cone an increased eonhdenos
Ia the securities Of the nation and Europe n e'p
itslsts viii vie with cur own people to become The
possesso Of tbs Governments bonds, which as
ssfs and lucrative inv stments have no superior.
1hs eass in money circles In New York continues
to favor Stock speculation, and general advances
is again noted to-day on RsilwpY d other stocks
The advaree mov,meht in gold, however, seens tc
have received check, and the effort to rsturl She
price to $50 is So far futile. Tie market to day
in New York ruled quiet and steady, closing a
/ 1493A Governments are more active and stronger
E,Et, but eontinue very quiet in this market.
The local money market continues about as pre-
yiously reported. Currency is close an Exchang
stringent. Rates Of the latter continue arm at ps
buying and 7s914 premium selling.
The subscriptions to the T-3J Loan at the secon'
National Bank to-day we're s'1s,lOO During tn
past week the First National received So, ,tOO.-
The Commercial National received durirg the pas
three days 9125, 900.