Cleveland morning leader. [volume] (Cleveland [Ohio]) 1854-1865, 1865-01-05
Special Report.
NEw YnRK. ian. 4.
FTNANCTkT

-------- AEW YORK. Ian. 4.
FINANCIAL
The stock market is generally more &C
tive, though without any special speculs-
tive movement. The tendency of prices
is upward.
The shorts on railroads have covered
their contracts and are now operating for
an advance.
Governments are steady with mod
crate business.
Coal shsres-Anthrscite stronger and
bitumineus steady.
Miscellaneous List-Quieksilver per
cent. lower; Msriposs l per cent. Other
wise there was no important change.
At The Petroleum Board to-day there
was more general demand for stocks;
market steady. Excelsior stood 825; Ger
mania 115; Knickerbocker so; Rynde
Farm 500; Buchanan 1856.
Gold-Speculation was quite lively this
morning, and there was an advance OF
s per cent. over the closing rate last night,
and considerable activity and animation
early in the day. Towards room the mar
ket gave way slightly.
Money is in fair demand.
Sterling Exchange nominal.
PAPER MAKERS IN PLNIc.
The agitation of the question for repeal
of the duty on printing pspsr has created
panic II the market, and it is freely of
fered here for 20 cents; some of the prin-
cipal publishers refuse TO give over I9
cents. New England manufacturers are
bringing their paper here, and selling it
| for 20 cents, and some has been offered at
10. II is thought that the price will soon
| be down to 16 cents. Movements are in
progress that will break down the monop-
oily in a short time.
FROM CANADA.
Quebec sdviees say: There Is trouble in
Canada over the enforcement of a draft
for militia men TO serve on the frontier.
The French refusedto serve, and the draft.
ing officers drievn out of several counties.
A strong force has been ordered out to put
down this insurrection.
ITEMS.
| The IribNne's Washington special SAYS
The Provost Marshal General says that
warrants Of service do not demand ar
| tillery and cavalry for present recruits, and
will be only received for infantry.
The trial of Col North will probably
be concluded tomorrow.
Commodore Collins has been detached
from Wsschusetts and ordered to report at
Washington. He is to be tried by the na-
val court.
| DUTCH GAP CANAL.
A letter from the Army of tie Potomac
describes the blowing open of Dutch Gap
/ Canal. The earth was cut away as much
as possible, and galleries we're constructed
under the remaining earth, and six tons Of
powder was placed in them. The concus-
sion was very slight and was net as sue
oessful as expected. The rebels have
twenty cannon bearing on the upper end
of the canal 1t must be dredged, and
much work must be done before our gun
bosts can ascend the river above the canal
PREPARING FOB SUBMISSION.
The Richmond Sentinel contains a very
important editorial, believed to be from
the pen of JEFF. Davis. Secretary Seward
is repo ted to have sent it to all foregn
ministers, as showing thecomplete exhsus-
tion of the rebellion, and that consequent
IL the rebels are no longer entitled TO con-
siderstion as belligerents, 1t says: Our
latereverse has done much toward prepar-
ing our people for extreme sacrifices. If
Eubjugated, the question Is simply wheth-
er We shall give for our own use
or whether the Yankees shall take it for
theirs. II would be more glorious to de-
vote our means to success than lose them as
spoils TO the enemy, Stripped Of our pros
! perity, but masters of our government,
would be infinitely better than if despoiled
tIy the enemysand wearing his bonds Of
! abjugation in horror that embraces all