, 1863-03-09

N'CAfONTIkG6 In " ALL 1FHEET.-1u 3esLe10aT
mornings 3saue we gave sketch Of the gold panic
in this city on Thursday 1ast. The II 'cavortngs"
Of Wall street described as follows in the New
York Commercial Aduertiter:
Wall street, especially that portion wherein the
Bulls and Bears most do congrcgaie, has been In
commoton from IN carly honr this morning until
The time of going to press. The excitement equals
ycars ago. and the throng Of spectators has been
50 numerous as to regni1c tho Gigiant attention Of
several guardians q the peacs: a..,
ut, hen 1 Il s toaehed a5der hs ths eet s III q
Congressional enactments- loan and tax btu,
Ac.eand yesterday It closed at 165. The market
nlediately thereafter fell to 151 This caused the
most intense excitement, aud the stock exchange
and brokers' offices were soon beleaeuercd by q
apziousto dispose Of their aurlfc.ous load, and
others devjsinE ways and means BY which the de-
pressed market might be inflated. The Bulls at
once went to work, and by mcanB common to the
craft worked" the market until about noon, gold
T%en he IN VAS at its height; T Ths q shy,eeks M
to fti further initiate the price Of bullion Ii thcis
hands It was ehuttlecoek, and went mp and down
5eguaF G nhen as 70 tine M
to Titk an honest sale OF purchase. Hence most of
The transactions were 'dycrs," thrown ont 10 ct.
feet Iaiee in the Price,
The lockers on were intensely amused, and
and s downs viii ex1emc rratiheat'on Az tse eap
sncctator emrr-c9 rom t6s sanctrn n I'M meneu
gods he would be met By a bull, generally Of thc
lsraeatieh pcrsuas'on. who would Immediately
ri H. ~ ~ ,naSat MIG oteao annoance1t'1 u
Offers Of fabulous amounts at good figures vonld
ruled, But those who were wont to wink At tho
auc,ionccr's t'an'.a-halt an a.half." preserved q
rigiditY of the facial and "blnkial' muscles, and
*gaye no sign They kept themselves and thcIr
IL ao
The ew wbo faa made ~ aboat vs sso in the bul.
lion business, confessed, @ With tesis IN lis M 80:
that he had lost al his earnings and was ruined.
tha haan5 oags' IT. ~ e Ieare 81 eonensa
a. a'e Of sn iroten eaina 'A' 'oss VI 'ne'f earnings
lag tnIons YVES fg uS1se E tnat ~ Wao 6ongnt to
Pe1etlate II gnarGe4 wei taGir pocKets. and ha1
H. o. payns 1T .nes ns y
, saIea, "os1ng o1 note anu characteristic Of tne
a. a new competitor tor the game made hia wa9
and cried out to those below "seA $4,000 at Ga
t1e answer came, "donc again. ecll $t0, 900 at
"done." :" and go on until $4,000 were cold, when
one of the Euardiane," policeman. Unlimited to
him that Ms loud voice could not be tolerated, aa
wanted to operate he bad better gobelow. His re-
ply was, II have watch in my pockct-do you
suppose would SO down there."
"Alt gold and silver rather turn to dirt,
A. 'tss no hsttsE recso1cd but Of those
Who worship dirty gods"
The BASK Tax LAyy.-Thc foJ1ow;nc Ia Tho
.,,.-a,- -. =. ~, -, 10 'a'
shapel "n,cn the clause IN tue Finance bill, tax
ing banks, finally passed Congress:
All banks, aeeoctat,one, corporations and indi.
yiduas iseainc notes or ls for circulatson as cmr.
rency shall be subject to andnay dntV of ono m nv
ccut1m each half year. from aid after Anil IA ia
1854 unon The AVERAGE annnnnt of Tho cirrniation
Of notea Or bills ieeued beyond the amount herein.
after named; that ID to say, banks. aseociations
co1porntionn. Or fndiydnais hsvinca captsI ~ M
over 100000. 30 per ccntum thereof: over x101 o1
and not over soo1 mn sn ncr rrntnTn there9f. nHov
Ssnn I'm nri nj nvcr taoS m n nv c,nt.
thercof: over ssn1 M md nnt over pssna ~ ~
nn1 centnn, fbcrcnf. n,nr 4sno ~ ~ 3v,eo ~ o "
m in ncr ccntnm thSrcof ovap arn mn nJ1 on nns1
sn1 ~ nrer ,ni1i;nn arJ XII ~ n ualc at lo
thnranf. arar ;i;fn4 au , ar ~ ~ r. sent1n
we ro;i;ions m 1at nau t uan aia not over
;nina q 20 ~ pel a tne1eoli oses Two
T., tha % sa pel ~ srs .nc;1 l,;.t9
- .1s vdss ~ uahhs WIN pi.nsnes, tne auty
doa snai @ ne @fmposen upon Inc CIR
orally, and not npon tho aggregate circulation Of
alu ~ ne M @ o. O. eaeh snai be con
branch. Ana ali snrh hanEs rssnci,fiona - 1 49,