Evening star. [volume] (Washington, D.C.) 1854-1972, 1864-11-29
F1NANo1AL.-Ths New York Evening Post

says:
The advance Of Saturday night in the gold
market is maintained to day at from 226 to
227h per cent. The quotation about noon was
22sSax.
Government collaborating stocks are also
firmly supported, and the prices going nm ON
the 1875 and 5.20's. The latter sold as high
as 1O7k per cent for either old or new ISIS ne
Money is easy to the brokers at seven per
cent? and in exceptional cases, as on govern
ment stocks, six per cent. is taken by lenders.
With the exception Of governments the Stock
Exchange this forenoon was dull and quiet,
though generally steady in prices as compared
with Saturday.
At l o'clock the gold room had ad yapced to
22sa23O per cent, on the news of the falling
back OF Gen. Thomas.
The movements in the price of gold continue
to attract the public attention. On the LIST
October the price was 1S9, to which point it
had gradually sunk from 2S5, the quotation on
the 18th July, soon after the passage of the gold
bill During the month Of October it gradually
rose and on the 1st Novem Der it sold at PAL Y
One week later it rose to 260, from which point
1t has gradually fallen to 216x, the lowest
quotation CT Friday. The cause Of these mis-
chievous and unexampled spasms IRE to he
sought In the inflated, redundant state of the
currency, in the Instability and derangement
OF commercial values, in the resulting dis
turbance of public confidence, and in the
stimulus impaired to wild speculation in the
precious metals. The operation OF these eff
Gent and powerful causes of fuctuation in the
prico OF gold has been considerably exagrera.
tcu DJ the recent RrdLl1ylnR military news, by
the growing decrepitude of the rebel cause, by
the Frightening prospects OF an early peace,
and by the belief prevalent among unrefecting
and uniformed persons that Immediately
On the cessation Of active hostiIities q return
not gradual, but spasmodic, not healthy and
normal, but violent and runous-Will at once
be made to specie payments.
The New York Commercial Advertiser
says:
The following National Banks have in
creased their capital: The Fourth OF Phila.
illead, Ohio, increased $4,000; the First, Of
Delhi, New York, increased S25OO0 the Sec.
ond, OF Allentown, Penn'a, increased $4,000;
the First, OF Meadville, Penn'a, increased
S25,OOO.
The Comptroller OF the Currency issued to
National Banks during the week, 1902, $50 of
currency, making the tota amount of National
Bank notes now afloat S66,562, 300
Dry Goods AuctiOn-The week opens with but
one sale, and even this is something extraordl-
nary, as Monday is considered more for prep
aration than for sales. Messrs. Haggerty & Go.
mad an unusually large exhibition OF cloths,
cassimeres &c, comprising nearly nine hun
dred lots. The attendance was more than usu-
ally large, but the bidding very unequal. Vel
vet yestlngs sold heavily, and at much lower
prices, say at depreciation of 10 per cent
Drab moleskins, which sold last week at 81 O5,
were to. day disposed Of at zoe. Italian black
cloths ranged from Csc aS2c., all the lots selling
quite literally.
The heavier and finer qualities did little
better, IA English velvet coatings was quoted
at ssc. ash 05; blue Devons, S2.629; Ga French
$3.50: Ga Moscow beavers, S3S5; Scotch plaid
cassimeres, S3.50aS355; black Tricots, 81 So
dc. Many lots were passed, prices not m eet.
ing the views of the holders.