New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1863-03-31
MONDAY, March 3d.. NJ.

There was renewed excitement IN the Gold mar
ket this morning, and marked advance in the quo
,ation The shorts were covering their lines TO con-
siderable extent, and the gold gamblers, under The
impression tina. the market had touched the lowest
point came 10 again freely an buyers, ard these
causes, with the legitimate demand for god to cover
bills, put the markc. up about y cent from the
closing quotations Of Saturday. Many importers
have been heretofore posipOnng remiiianees q, far
possible, hoping for a decline In the rates OF eh-
change, and they are now buying freely, which
brings the bankers into market for gold. AZ the
opening the quotation was l4ii, but by IL O'CLOCK
the market had run up 70 lIsi. with sale OF
1900 600 II was afterward weaker, aud sold down
10 IiCi The market then recovered hrmness and
touehed. late in the day, lHi, closing al lH bid
In Goyerpmepts tho movement was not ecti,e
and the market was heavy under the falling
or in tho foreign demand. The recent orders re-
cieved cannot excepting in occasional cases be exc
cu,ed 10 consequence Of the fall in Exchange which
places the market beyond the limits. Registered
SKIES, 1881. sold at l0ii, and the Coupons at l0j
The Seven Tbiries were 1907 1861. In the share
market the movement was active aud strong The
most important feature was the large sales aud nd
vance in Harlem Common, Of which some ten thou
sand shares were sold at a up 10 49, against i2i
Saturday night. The Preferred shares were also bet
ter, selling as high us SEC Various rumOrs cur
rent of the reason for this sudden advance but the
most plausible is that tho market has been over
Sold Pacific Mail was firm. and touched 100
while selling at 1871 seller thirty 1t is the intention
we understand OF the Company TO put on soon II
weekly line Of frstclass steamers. Central i'm.
proved to 1881; Erie to 49, Hudson River was un.
usually active and cold up to lOlI, recovery Of 81
" cent aimee Friday. The Western shares were
all stronger and advanced generally 10 v cent
closing rather weak. At the / O'Clock call the
market generally strong, especially for Hudson
River, which touched lOli seller thirty. There
WAS marked activity in Bucks County Lead. Of
which 6 900 shares sold at 2ia2l. At the Second
Board the market was irregular aud generally lower
Harlem, with large sales, fell back ! y cent; Mail
war 1899; Hudson River 10l; Chicago and North
Western lGi; Southern Michigan 99l; Rock Island
~, &c. AT the close the market was steady.
In sterling bills there bus been good demand this
morning. at l6l lG2 for leading signatures. The
SPECULATIVE holders having withdrawn from market
since gold turned upward again. Francs are about
3i2i.
Freghts are dull and heavy. To Liverpool, the
engagements are 600 boxes Bacon, at l7s Cd. and
u neutral vessel, $50 tcs. Lard, at 2js. To Lon
don-5O bbls. Pork, at S., and 100 boxes Bacon at
POS. TO Gasgow-G0 bbls Lard Oil, at 32s. Cd. y
neutral vessel. To Bristol-l5 tuns Logwood at
22s. cd.
Tie business of the Sub-Treasury was: Receipts,
A., So ,84j 30-for Customs, 1000; Payments,
5,735, 66i 05i Balance, SlS,2l4,l29 81.
The Cleveland, Columbus and Cincinnati Railroad
earned for February, 1863, $i52, 44 6l; in 1862
$llO, 1886 II. Increase, al ,598 A.
We hear from Washington that Mr.. Chase will
probably visit New.York again this week, and this
impression ia confirmed by other intelligence here,
but there is absolute certainty in relation to the
matter.
The question OF the constitutionslty Of thesegal-
tender notes is to be tested through the Bank Do
partment of this State. Some ardent patriot whose
uane is not made public has gathered together some
thirty thousand dollars Of city bank notes. and after
demanding the gold, has protested, sent them to
the Bank Department, and required the Superntend'
ent, under threats of mandamus, TO soil out the
of tie banks under protest. and redeem tho
notes in gold. The banks under protest are the
National and Mechanics Banking Association. The
Clearing. House held meeting to-day, and after
statement of the matter from Mr.. Van Dyck, voted
10 defend the case at the expense Of the Clearing
House.
The money market Is active, but the supply on cal
d sufficient ut SOC cent on irstcaSs collaierals,