, 1864-04-15

l..
(S<e also money article on second 1'aga)
Especial Dispatch to the Chicago Tribunc.7
NEW YoRK, April Il, 1854,
Brokers' dispatches and the associated press will
have given you the quotations in the gold market
today, the most memorable in Wall street annals.
No dispatch Within reasonable limits would siye
your readers an fdea OF the excitement and the
ecenes that have characterized It, Gold started ont
this morning with general faith among its back
ers that 1t would reach 200 before nihttal and as
The scale Of figures thows the early gold transact
ions Of The day were made with great confidence,
1t ran up the scale very gh1y for short time, and
nearly turned ninety, when shadow fell upon the
street, and It looked decidedly like bear. The
rcmor was that Secretary Chase, now In the city,
had begun to play sterling exchange against the
gold operators. It has been aTereed for
come time past that the Government was p,om.
inent owner in the large gold saspmcnta Of
Inst fall from California for Enrooe in British bot
toms to escape the rebel piratcs- The amount Is
varioue1y statednt from two to four millions Of
dollars abroad and directly available as ster1
ing Exchange, thus 1t is rumorcd he will NOW draw,
and by mean, Of Custom House Certificates, and
drafts on London take tho bottom ont Of the gold
market. Certainly something has done it to-day,
1givc you the cauEe assigned on the strcet.
fTo the Associated press,1
EEw TonK, april 1f.-The fall In gold yas
ea9sea o ,! repo1t that Mr. Chase has drawn from
FRANCISCO 1ast year.
SPIRIT OF TIE N. T. PRESS.
n. Y.'Tdbune Money Article]
TrEspAF. April Il. P. m.-Gold has taken an
TN. The highe point paid 10 1sds wss FIX
Five cent Notes fay &c e1pIsin tie adTsnes 1ssass
ahd no improvement can DO expected until the
S GossInment depends wholly, upon the sale OF
currency.
New fork Times Money Article.l
TUESDAY, Aprl Up. m-We hsre reason to
'speet ,p our 1ntlmstio1 IL M Of Monday morning, that
menec ths Of The ay inteiest t. On he
twelve Or fourteen millions Of gold to be thus r.
eeaeo one nc nom tne pfsssn. noeTd Of twentysix MIL
certainly be acceptable to the Foreign Exchanga
market, to the demands OF which the r.se In go!d,
5estefdaJ and to-day, is In good paFt attributed.
IN. 7. Herald's Money Articlc.l
Tuesday, April 12-The1e was considerable ex.
cite1rcnt In the gold exchange yesterday, and the
specuIatcra had the MARKET to thamselves, As viii
be tcen hy the following quotations 1t different
% and feore T. eoeE feanhe 1es 19s
afternoen going up to 175the highest point it has
attained sinse the eeonmcncement o! tho war. The
,r cnI,cIeg eosr @ a. mat Iate Of premium is worth
We lcarn that Mr. Cisco some days since received
tcqueEt from the Secretary Of the Treasury to an
tteipate the payment in coin OF the let of May In
terest On Government bonds, hut that he has de.
e1ned @ TO- DO 60, alleging as reason that he has
If thie we're done, the gold market would be greatly
relieved. and the premium Toald no doubt drop
three or four per cent
IN. 7. World. (copperhead>.}
The AdEance In the price Of gold to 175, which /
means that g1eenbacks are worth only 81 cents on
the dollar. has cast gloom over the whole com1nn-
pity, The SYMPHONIC Of diatzust among capital |
itts, mud all those who hare SURPLUS uninycstcd |
funds. are now evident In their anxiety to bur
eomethtng or other that will not share in tie steady
GepEecistion Of our legal terdcr currency. The
Treasury Department has lost the confidence of nil
its wa1mcst friends In New York The nation Is
doomed so etagger through the 1nso1icatin: Dc
lirtum. decisive fantasies, and dnal ruinous CT
eauetion which always accompany GoYcrnment
irfedcemable papeI.1noncy system. Tbs eo-caIicd I
advance In the price Of gold and other commoli-
ties Ia no advance at a-it fs simply the dcprecta.
ton Of Ereenbacks.