, 1864-07-13
FlNANCIAL AND COMMERCIAL.


TCKspAY EvEErBa. 1tly y, 1871
Inc d1seontfnuanee Of the evening bar room
'cnhnRo At the Sherman House hsS had q 6autafy
enses upon the money market to-day. Bankers hsvc
6u1efed very little Annoyance from thaS ciasf or Dor
fowets, Who were wont to do most Of thet business
mat ptace. and they experience Dnch sststacuon
IRON the relief Ills well known that two-thlEds. II
not thfee auarert Of the operations st that defunct
ltsutus1on were Of paItly speculative chatacs l.
EseY respectable operator knows th>t the ano7nt
OF speculation induged in at the regular sessions Of
me Board IA even much more than 4 healthy condl-
ton OF the market calls for OF course the crest In
crease II that line which the ad0rd-
1,conld but prove se1lous injury to honorable
and legitimate trade. Tie demand for money to-
dsy has bean good, with realty and full response on
tbs part Of tht bankerB.
Exchange teu.ins AZ before quoted-quite fat. The
romtnal quotations ATE discount buying; par ael-
Ing although transactions have been made at lower
figures.
The gold market hiss puzzlsd the v1Reacres today
md put to flight all shrcwd calculations Under the
innuehce Of the news from MaIylaud, which, attnn9e
TO say, las experienced positive contradictions,
but has been Ill Ct tentr, geld hiss ranged foxeE
IN feW 3o1k than yesterday, and closed TX per cent
1sAEfo1oWs:
II J. Fl II T. ;;: .ias:v;;: 4;
Here tho market opened feyezish. with 2;3 bid. It
then sdeclined. In sJmpsthy With New York quota
hons. to 2ts ana closed weak at 80 Silver declined
to 80. Government $40 are weaker. and cnly 1s3k
.Was bid. Cansdh monsy Is quoted At as. T.
TIE RKrEAL OF TIE Coin BtlL-Tha impression
Is steadily gaining ground that the repeal Of the gold
bill has failed to produce the result which Its 1pul
eve and strenuous advocates Unlisted would follow
ths. act OF crawhshnz on tbs part Of Congress. It
certAnly has faled to put down the price Of gold.
On the contrary gold has steadily and pera!stently
advanced from the very hour OF the contamination OF
1s and It ts doubtless discovered that tic
vehenence with which the cpponents OF the gold bill
1mpc1tuned Congress to atulttfy ttsef, WAs not M
necessary and ridiculous, but highly nlschievous.
From the rst doubted the vision Of the repeal,
but the sentiment Of financial managers seemed to be
GO unanimous mud determined that We finally. IN
measure conceded with them, hoping almost sg ainlt
hope that might bring orer cut Of chaos. To-day,
when the military atuatton ts more promising than
at the hour the bill repealed, the price Of gold
rules much higher than could BIS tsfted undeF the
strong pressure gold gamblers TO force repeal OF
the to them, obnoxious neasufe. 1t must be evident
to all that must be attributed to ether causes than
the existence Of law prohibttioR &amblIng in gold
Ind foreign fxchsnge and nc should Iot be surprised
the tact should be eyeutuat1y discovered that the
gold bill possessed rome rerit now that it has be-
como lnopcrnttve. This Is the view taken Of the
measure BY the New York SHIPPING List and the New
York Economltt the two 'eadiaE commercial and
non-poiiical journals In New York. Upon this SUBJ
1ect the Economist says;
We did advi8e approve Of The passage OF tbs
Goldbill," but ater Ii became law Va saw tass
lls effect vs. 10 prodn 9 demand Tor g.eeaaasks.
Gnd ao taat s1tsad r.; r. proaacing good eject "e'
ss@SI isissd y faem,ss q ths @ aey1S9; Fl;
e pssps ss e q
NEW ToKx sTocE M4AKrr.-The following were
the closing prices Tor cash July e s4 rceived by
J2Yoktfk II ftfArE Rtraat. EhfcApns