Richmond Whig. [volume] (Richmond, Va.) 1862-1865, 1863-08-25
Since Jan. l. slOl, osa, ga9 lO9,O6s,eg I4Ola,s59

Since Jan. l. $lOl, Os3, 239 lO9,O6S,69O l4Ol3,s59
Mr.. Cisco, tn, Assistant Treasurer Ct the
United States at New York, has given notice TO the
holders of Temporary Loan Certificates. payable in gold
coin, that he will pay them on the 25:h Instant, aud
that interest will after that date This amount,
81 $50 600 completes the repayment of all the gold
TO rowed by the Government ia th.t city.
We copy the following from the financial
column of tie New York Herald OF a recent date
In the course Of few days several millions will be
di bursed by the Sub-Tfeasury for the payment oil
troops, all Of which will back TO bsuk within
three or four weeks. Conversions have fallen of lat
tery TO little than half million day for the
whole country. This arises not from any decline in
public confidence but from the fact that for the pres
eut the demand for Government securities has been
filed After time that demand will revive, especially
as Europe appears to be takh nearly million wee
Of our Government bonds But IL Is doubtful whether
the Treasury Department will be able to tide the
fall months without a fresh issue of currency Many
contractors bills are considerably in arrears and
if the present delays continue il must be expected that
Government WILL be charged so much the more 10 &C.
fray the of waiting for money l. WIS pretty gen.
orally understood some weeks since that an issue oil
Treasury notes. being legal tender bearing five per
cent inter IT, and maturing in two years, would
be made this summer The Secretary appears to have
permitted himself be dssuaded fIOm this policy BY
rartes who cherished dread of more paper money
IL is not easy to see, however, by what means he will
escape the necessity Of printing more money. In the
course OF fortnight the new banks organized under
Mr. Ghases will begin to eve their currency and
it possible that before Christmas t00 600 900 of this
currency will be in circulation.
Gold luc uated last week between 1875 and 1877,
closing Yesterday at l25 There is very little bull or
bear interest in gold bills. Spectators on both
sides have been worn out and have abandoned the dull
..zil for ONnp AYnhanpp.
The theory Of many that later must lake
Charleston aud that when do gold will fall below
100 o. the other nand others urge that the present
issues of paper money being increased not dimin-
shed and that consequently tue value OF the ruestand
ard-gold-must appreciate. For some time Iast how
ever 10 one has ventured TO operate either Of these
theories with any vgor. In the rebel region gold Is
selling at 1900 aud 1900 fit were as high here peace
would be cesty, fer the simple fac that so whole
sale deprG ciaion of the currency would amount to
decree that the troops must serve at nominal rate oil
pay which would be sure sooner later, to lead to
mutinies and general dispersion OF our armies.
A recent report of the Boston boot and shoe
market discussing tie future of prices, says:
Another reason. why goods should not rule lower is
the fact that the Quar- ermaster at Philadelphia has
awarded recently 240 900 pairs of boo,e,s and the
Ouar,ermas.er at Cincinnati 1873 600 paira. All of the
latte, aud good portion Of the former are to be mace
up and NEST OF them will be furnished from this mar
ke: ANY one can see that tnEIder for such large
quantity Of shoes as those in iBcinna requiring some
% COO sides OF upper leather andaoout 100000 pounds
o, sole leather will quite firm feeling in th
market, where stock is by means IN large supply
ard the men required to make up these army goods
must be taken from other kinds OF work. and create
scarcity in those branches With these large orders io
shoes we do look for any de.ided reduction in ice
| of goods for this sea'o'.
The large buyers have mostly finished their purct ase
and returned home, and their places are being filled b.
dealers from the interior of the Western States. w
are now anxiously awaiting the opening OF trade dow
the Mississippi river, which it is hoped the Government
will oon assent to, and our dealers will resume bu
nes1 operations with additional number of Southern
traders.