Cleveland daily leader. [volume] ([Cleveland, Ohio]) 1865-1873, 1866-01-10
MARKETS BY TELEGRAPH !.
QUA MIDNIGHr MARKEr REPORT.
Especial Dispatch to Western Associated Press.l
New ToRK, January9.J
III fU.N RkaNwAv cTocra

Especial Dispatch to Western Associated Press.1
New ToRK, JanuaryS. J
RAILWAY STOCKS.
The depression in railway speculation this mera-
ing az tne STOCK Exchange were quite weak again,
and there was a further heavy decline in prices
especially on leading shares. There was a consider
able pressure TO sell and the market. for a time.
mad the appearance of panic. After the regular
session there was a rally on some Of the principal
speculative shares, under the fore purchases to
cover snort contracts: A the second Board there
was eonsoeraoie excitement in Erie and a consfd-
erabae amount OF stock was purchased. Thix had
a bueyant enect upon the whole market, but at the
the last Doard there was more disposition to sell,
ana the aisposftlon OF advance was lost. Fluctua-
tons throughout the day have been frequent and
business heavy Large short interests have hen
added to the market. many loans TO-DAY took IA
vantage Of the fall and covered their contracts.
QUOTATIONS..
The following were the closing prices at l:s0p.M
Ohio and Mississippi certificates 265<; New York
central s4Hs Erie &c; Heading l0IL; Miehigan
Southern 6ss4; Cleveland & Pittsburgh 7sI:
Rock Island lO71G Northwestern S4%; do preferred
MONEY. -r r..
Money market without change.
GOVERNMENTS.
Governments were weak and lower. Prices ner-
vaded with more pressure to sell gold bonds. The
proposal to issue a loan payable in Europe is re-
ceived unfavorably this morning.
GOLD. anf
Ine guy mArket was depressed by the proposal
to authorize the negotiation Of a foreign loan. but
some have been largely over sold and prices was sus-
tanned. 1t gained strength as the day advanced
and the price rallied to lS9 at the close.
STATE BONDS bro g
State bonds were dull and lower. s
MISCELLANEOUS SHARES.
The miscellaneous shares generally we're lower,
but without any special interest.
PETROLEUM STOCKS.
There waz Ices aof:v;e, =
DAY and the market was generally little lower.
Sales to-day were at the following rates
Palmer 80; Shade River 295; Bennehof Run
2O25i Bradley As; Excelsior 100; LIST National 40.
Oil Creek 200; Pithole Greek 1850. zee Simn1s
Il; United States $3.50; Webster 95. 81 =
PETROLEUM. .
Petroleum market is dull. Sales Of 500 bbIs
crude at S774@Ssc, and 1000 bbls refined in bond
DRY GOODS. +
The following are the quotations from the Dry
brown sheetings-standards $50; Medford 80.
Blea ehsd shirtings-New York Mills 521; WAN
sutta 80.
Prints-ooeherO 81; Pacific 26H; American
DeIaines-High oOlOrs 81; Pacific 27; silicas In
dian Orchard IS. a..fT
Brown DrilIs-Standard "a.
Canton Flannels-Nashua 80. .r-rs-
kentucky Jeans-RichmO nd 65.
~cks-Frankl IS.
striPes-whittentOn B B IS; Pittzheld 22L;
York As.
Hoopskirts-Bradley1s duplex elliptic 20 to 40
hoops So to los; Empress Trail 125 Meyers 1.
X. L., IA inch tapes, 20 to 20 hoops, IS 10 70; 3
inch tapes, 20 to 40 hoops, 20 to ITO. @
DISPATCHES. $500 .
The following dispatches were received at the
Exchange tt,sday,:. -
owing to the extreme weather. -'
Boston-Noc change to report. Goods firm.
Baltimore-No change to note in prices. Stand
ard 3315. Trade quiet. Gold down.
Providence-Market quiet. Without change.
The Commercial says: The Stock market con-
tinues in a -condition bordering closely upon a
panic. The inherent weakness Of interest which
had for some time bolstered up parties, fall exposed
by adverse tendencies of a severe decline in ths
premium on gold, and the important proposals
presented to Congress for the future regulat on Of
finances. =
In railrord stocks there is a prevailing desire to
realize upon everything except Erie and New Y Ork
Central, which are sustained by a liability to a de-
New York Central. In all other stocks the sales
were large at the Board, and the decline average
12@2 per cent, as compared with the last Board
of yesterday. Discounts are active. L
The gold market is depressed by the proposal to
authorize the negotiation of a foreign loan, but at
the sans time being very largely oversold. The
taken a si ort upward turn, advancing during the
morning from 1861 to 1885. Gold is loaned at y
per cent. per day. The speculation is more active
than at any period since the close Of the war, and
is predicted chiefly upon the finance bill, details Of
which have been known on the streets for some
days, and the prospect Of enlanged export of cot
ton.
Foreign Exchange is dull. -