, 1864-04-15
FINANCIAL AND COhIlNERCiAJ..
THE MONEY nIAHKRT.

THURSDAY EVENING. April II. 1884.
We shave had another day Of Wild speculation and
excitement among those whose busneis ills to opeT
ate, aud of gloom and anxiety among :shough:fal
men. Many hoped that the rhEeuzy had reached tts
climax yesterday: but the disease rag Cd more fierce
u to-day thaa ever Like nll Diseases it Change
for the better At some time or the patient must die
and We not prepared to tho entire public and
private crcclt Of the uazion go the wall. In spite OF
NIL the greed ct the gold gamblers in Will street,
believe the Cnion Is to come out Of her srful trial
stronger and more glorious than ever.
Tie demand for money was only limited BY The VII
lngncsE oud the ability bankers to supply It, O3c,.
ators were but too anxious Invest all they could
potsiby get OF course the rate Of discount is very
firm at 10 per cent to recu1hr customers, and others
pay almost Any p1lcc that Is demanded II they can
on1T gettt.
Acco.dipgto dispatches to James Doyd, Esq., No.
s6 Clark street. gold ruled in New York as followa:
10 t8lk 102o 1s7-l025, 18.-l15'. 1St-1ss) p.
n, 1RN-1:ka I7SH-7 1si-2;;0 11S-1, 172-cosIne Of
the Bosrd, after which It was quoted at 1t5X. III
market here wild and excited opening at 49, al
vaneing to IFS. and closing at 17a917s. Thu rites
vsried almost every half hour, and at every brokers'
office. Some DISPATCHES made the rate in Wall street
19a, but We could not trace them to any reliable
Here. and we presume In Wall street, there
really never was such a dsT OF excitement uynop-
brokers aud speculators- To say TINT onehalf Of
them we're insane fo, the time would be tho literal
truth.
The range for silver Was 16cG17o, the lower being
abou. thesclostng ratc Brokers haze had more offer:
Ing than they could find time to count Lega1 tender
notes rery firm atx buying, and y selling. Govern
ment go bonds buying 1le. selling l1s@11&.
= New York exchange not quite 70 nrm. Buyin. X,
selling Il. with few perhaps charging X.
:, Gov1EsAEsT 1o4c Bosrs-The subscription to
the 1910 losn received to-day by the Second National
Bank foot up sls,l0c. At the Third National pang.
yesterday, they amounted 10 as8,aao0
: INV OHLxAxs MONEY MARKEr.-Gold IN New Or.
leans on the 5th was 9s9G9H. Silver 5000, Ex
change market tn4n. New York sight at per cent
dis a., one days sight l9lk, ave days TX. Bank
checks sold at x@H dis The counter demands At th
bank were supplied at K@H dls- Nothing reported
in foreign bills Francs held By the banks at sp7,
9a1o. NoftIrg reported in bank notes.
: M1NPHIs MoxET MA1KET.-The money market ut
Memphis on the 10th was very active and trapssc.
tions large. Quotations fol1ows: Treasury notes
par; New Tork exchange par; St. Louis exchange
par; Chicago exchange par State Bank Tennessee
10 d,s.; Union and Planters 10 dis; Southern SIAN
dH.
THE ACT or cosaEKss Au1HoR1z11o TEE 1Rs.roarx
LOAN. :
An Act supplementary to aa act entitled An Act to
ctnment." approved March 3, 1663.
Le II enacted Gy Me Senate and N0Mye Of Etprsseni1 I.
tires Qf tAk United SfGfes Gf AtFc0 IN Epngress ~
SkHtie, That In lien Of 70 much Of the loan author.
lied by the act ct March 1e to which this Is Kn.
Elementary the Secretary OF the Treasury IL
lied to borrow, from time to time, the credit Of The
United Etates not exccedf1g two hundred millions ol