The Cleveland leader. [volume] (Cleveland [Ohio]) 1865-1865, 1865-06-20

Governments are strong today at an
advance, owing to the rise in London.
State ssoclrsquiet but moderately firm.
Bank shares were very firm and full
prices were bid, -...--. ..--.
Miscellaneous stocks steady.
The sale of United States stocks for
shipment, and the prospect of increased
receipts of cotton, has caused general
feeling of depression in gold and Exchange
markets. Gold continued to doOp all day
and was quite wssk at the close.
Money continues easy.
PETROLEUM STOCKS.
Petroleum stocks firm to-day. United
States rose to 2s5 on the report that new
300 barrel well bad been opened, but after
wards fell to 27O on the report that the
we'll was on fire. Sales Of this stock are
large Cherry Run, 40; Excelsior, s39;
Terrsgents, 1856; Mckinley, 800; Oh
Greek, $50 Rynd Farm, 1876; Buchanan
Farm, So; Empire City, 2O5i Fulton, sos;
Hydecke, 16O; Oceanic, 10; Webster,
1s5; Tack, 55; Lamb Farms, 1850; High.
gate, 2s.
PETROLEUM..
Petroleum shade firmer with but little
activity. Stles of crude quoted st 1885;
refined in bond So; refined free 7O478
t. NEW YORK, June 10.
r.l . STEPHENS.
The Times Washington special says that
Alexander h. Stephens, in his lengthy ar
gument on the reasons which induced him
to join the COnfederacy, says hs always
believed in the right of secession, but
never in the policy. He was educatec to
believe in the right OF secession, from
whence sprung his convictions, and he was
strenthened in his convictions by the last
annual message of President Buchanan,
and the opinion of Attorney General
Black. Hs was also confirmed in his views
by the able and honest efforts of the New
York Tribune. He claims that he exerted
all his faculties to prevent secession, and
that he accepted the Vice Presidency of
the CoDfederscy only because it wss ten
dered to him unanimously, and for preserv-
ing, as far ss it lay in his power, those
great principles of freedom which lie st
the foundation of American Constitution
al liberty. He desired to make the Con-
stiiution of the Confederacy lilzs that of
the United States as near as possible. In
this he clsims he succeeded. All points in
regard to liberty and freedom were his
works.
The Times special says: The stories
about Mr. Stephens harsh treatment and
failing health are untrue. He is kept like
any other distinguished prisoner, and his
health is as good as usual.
.r... - sPECULATIoEs.
The Tribunss special says: There is q
large amount of European capital now
seeking Investment in Southern lands,
which will be expended wherever the
statutes of Southern States and their land
titles shall insure 1ts safety.
Allthe various Southern delegations here,
as well as all provisional officers appoint
ed, are opposed to negro suffrage.
~ .. FROM NORTH CAROLINA.
NEwBERS, June l6.
The successfulplsDs of Grant have given
vent to tie smoudering flames of loyalty
in this State; it is now spreading over
North Carolina with fury, consuming the
last vestage of treason and hatred to the
Government.
Intelligence from Northern Georgia and
on the Kne of Sherman's late march
through South Carolina, state that many
people are dying for want of food. 1t is
feared that starvation will prevail, owing
TO the destruction of houses, furniture,
food, cattle, horses, fences and farming
tools, which leaves the Inhabitants helpless
to provide for themselves.
SIEGE OF CAPE HAYr1EN.
ia NEW YoRK, June 10.
The steamer Constitution, from New
Orleans on the 10th, by the way of Key
West, Fort Pulaski and Fortress Monroe
has arrived.
The steamer James Adger, from Cape
Hsytien on the 18th, reports that Cape
Hsytien had been in state of siege for
seven dsys, almost surrounded BY the na-
tional troops. This the last place held by
the rebels. Il is expected the sff4ir soon
terminate and peace and order prevsil. In
the meantime there is no Government in
the city. A counter revolution obliged the
Provisional Government established by
the rebels to fly. There is q great deal OF
cannon firing every dsy, but no loss. The
rebel General threatens thst, il obliged to
evscuste, he will first destroy the city, but
it was thought he would not be permitted
TO do so in the presence Of two American
and one English vessel in port.
| CORRESPONDENCE.
The Secretary Of Safe has addressed the
following to the Secretary of the Navy:
r- sf WAsHNeTON, June 10.
| Hon. q. Wettes:
SIR-I have the honor 10 transmit fJr
your information the correspondence BE-
twsen Sir F. w. Bruce and this Depart.
ment on the subject of the withdrawal oi
the pretended confession of belligereni
rights and insurgents. In view of thil
correspondence, L suggest, therefore, thai
you communicate to the naval officers oi
The United States the results following, viz
1st. Great Brifain has withdrawn hel
concession, heretofore made, of belliger
emit character, from the insurSent
I'd. The withdrawal of the twenty -foul
hour rule hAd not been made absolute b.
Great Britain, and that therefore the Gus
touriesies are not to be paid by our vessel
to those of the British navy. The right o
search OF British vessels is vetoed. o
course this has no bearing en- the operation
of the existing slave trade.
~. An piratical or insurgsnt vesse
found on the high cess, may be lawful!
captured by the United States.
1 have the honor TO be