The New York herald., 1864-09-13
FINANCIAL AND CONNER ciAL.


ne excitement 10 the gold market today was more 10
tense than former day during the last or'n'gh'
Conflicting opialoos afueuoed the 7uoiatons AnS tef
perate DETERMINATION tue part Of The en's ~ss mes
by resolUte ccaance sulsuR the "bears" gold
room became nus1c,a pAndenoniam, Shiet ! woa.o
De cut OF lisce mere describe Ihr balls toeE
courage early toe morniug, sHd the opening pre-,
225 from which Rfad ally rose, under act v' bidding
70 226H Thea ,ns market broke. ara the suo,si.ons
rapidly recsasd - 2l4S after wh ch rallied ,s 22l.
witch c'osus pr'ce n, luar.sr.past four II
Many operators long Z god teiors lie re
decline stl' the same pred cament being will
ins C back iEer opn:oo 20 tas sx,ent .hes sGrse,
will allow, and he risk II csirs sccordmg.y rhe
probability thai 10 sc ~no bought a. The tyn ngcru
~hoh prevailed " - 1hfee weeks ags wm "a wat
long time ne s'e tnes get norey back There
no d'seus'as te 'ac, lnas colo aas ssnins q A.
rnnaiurAiiy tsn lrsm,Gua, and shs, - rsp5
lst to .s5 III Jpe iuly ss, zoe result o. art0
eia' cacses-naney. oao essatoL sno me Of TIE
people tor the tnure These 'nGuced ths tosrdns a1o
the shipment = t2d 20 Europe. !ne ghe' to- pre-
MUM ~ea III becsms tne anxiety u .noss wha
bad property Al iaN~ protec' Ler.seivu oy srrIIs
their greonhscGs ptoc,d rus up 10. 2eenrn WIN
velocity winch ,aisned the ;egsistors WLsnng
ton, guoraut a. 10y we're o. the danger Of medina
with eomInya o. which regulated ey he
law o, supply sno 1em.nd wh'ch il salir.y .,yons
"
their enactment bad worked mnct mischief
But the eva begun was &C, 10 10 arrested 10
moment, and etd little Of auigds ~ tie repea.
til within or three weeks pre-
yious to wni.h had gwen timely waning o:
what was conlns II was sGe,a.nea q, liz b g. aCota
tions BY tne unary ~ persons Who hac ias tarh Ia
the Gogerunnrt ~ ~ premises, ard who p.eerre.
making sore ., whai tney bai than the risk
OF adding e lfsr lore currency, the rnus Of wnct
appeared 10 be more and uncertain every day rhe
gamblers o. the eold s!ow to take
from these. "a the consequence was thai
speculstou, uncer the demand fer boarding
and shipment. tended towards ulgrer riies tie Goat
ing supply be ssrkei BONG mssn wo!s Nrorgy ned
The currency uatonai deoi tur,ng IL b tad
undergoae 40 increase st al correspondents with .ns "a
vance Of ore b. nurea cent sn.co cad iakcn pace
gold, and The latter sustained sinost tS,rsly y,
parties anxious discount the fuurs fcr their
sumed safety vet py the mere specuiaors before
mentioned many y VIM se.t rart accession s,s. ard
only too gisd 10 epsh their poskets ~ the
that they gratdeo he political sese 81 'mparns ,ne
credit OF the g5v-rumeut which Sav. tner orolectioc
and whose defea, tie great oers ~tseo
vas the Gesres, object of their petty AM bitten.
The appLcatico = the .a.e OF proportion &C the
price OF gold eatior the currency vii clearly sho~
that has bee1 selling during tho last uonios
price Tar o. us iegtmAte nparasve value
sefore To. suspension specis paymeD " 1867 he cir
erlatioo 70 the states Ioesr the .ederA swAy
sbout tSn1red fsrty mih!ons 70 bans cotes
and equal so'n The to.G Circulation OF
shese States Gov about .ght hundred asd atty mil
'ous-ibe Treasury currency issues, sccovdng y the
gcurn o. the 30h 81 August, having beer So42 SIT $50
ana the issues o ne LAcna tanks ap 10 zee enc OF last
week , $50, b. latter shcwng - sereAss Tor tns
week Of 81 023 500 The ,enance assignAse TO ths
Increased c.rcua:cD the s;as oanxs. the one sass
and forty .on. OF cod tavlne been arsaay sssrcsea
Now, compare ,ns amount 0, currency with shsi
N Circulation (nc.uorg the Nto, 900 900 god, se.sis
the sgspeusor a1d allow &c, the increase, =. ond
Oy artametca es,cr:a,on that gold Is worth
spors rrn1rsd Aao sixiySgEi, q 8 premium o,
sziv.e shi over paper. All tne sxeess over sns 10,
snereiore ana TIE scnsequeuos Of speculation.
Il is. consequently. u be heartily discouraged Ano op
posed cy All AMERICANS whose viii !. 70 sus,ac ,ns 10
tegry Of ,te Cnteo staies We aware that plenty
Of excuses sxs, u tss smana cement the sH:oos,
finances which exs,es since ibs commsncsmeu, o:
tars Bet escs IS. the ossloG has oeeD rspre
sen:ed by INC I2e,er, sec's;ASy o; the frsasury
Cooweo oy parasite D srrctI ASd Congress HIoYant
o. Ensuce are oevertheoss not enLtso &c supp oss
that tie country ba. gone 10 rain s!resoy. VIII be
enough 10 inst 10 ysa,s hsncs tbs b!sBaers
the past persevered 10. ect spectators have
made capital OF poss,bitss wb!cs we're more remote
than mrs1aie sud built Gpo0 popular asvos. BACKED
10 some extent ty commercia, dsmAne Tor sGetoms
duties sno eIpcrI, wn,cb nad 10 be. suppieo ~ asy
price aud 10 any event The simple fact tbs, gold
selling al 2elk 10 August, and 2s5 in July,
when toe price bad opened 10 June at i93
was sos, enough maze Any Secretary OF tie Treasury
despair cf brtgug Wall street or the sson 10 IsAscn
consequently ,tsqcs .eSKessnssi Of pedsy cu o,
pArt wtcb oihstwse m.lti tsre I.frts trcc aocpt
.ng or persevtring u
EGt IN Nme 81 wa Il ~ nis'y sSecsss 9, ctsss, afte
al ia@t decse ae pot'cil, Ard sEeordrs.y the snap
c&i futGrr Ci Anaton, arc rh It. frightening q ouf
prospects % tus e.le ilc tetfs Esn:s .rcfs cy the
d,ulu.sas1 aenano tr' ecs Tor cor.1sreri purposes
prea,.sua .ss declined sad decfr- fGriGcr u ut
wild S., su3p ttst tfs rfce ri ;oscb zoo sc' ~oiic
be iN atoye ks ust1Ial vars. even a. that, tUd 90
does eetae - ,hss tgvre there tO,-osrs spt
spesuaicrs suougn N he saa VINO vosi1 oecCD- sf.
Sy intm,dsied threw the 0. coz 3tsf1gGsa
and prscptste tie cowuisu G. TIA arecops Us.a ges
hspE beov i rel es,ue Brt to~evef tns r.,y te, We
regard %th sBtsactou tie recent epFrcc,aS5 = ~.
Cuuoocy sae the greaser 10. and -. ,saFs' .Ass
tts more uuyefs@ w os the beaeGt ~ticu 80 .xtri
UPON al classes ID. population 10 .h.aki. norevsr
10 a.. treasury r2sament Congress- srt :Ge brave
met o. eur and rsvy. ana r. tso ucre. = te:.r
.uturt ua.cb Gi! tie lard ~ilb 'e,sic.f
TLese Is ao impression afosi ir the s.ree :ss: ever
gsd .a.uiI fail much lover V Will rsverttsless 10 'o
lo~s- b. gracLCs sheo vii caass &C settle al leoci
22o, snttesea a. tney stpeci sig e., ty tee 'eth
csuaus rsscry .. ecnfcundkr par cea'i iesA'
tendsr Ities.
Tue c9rliuaea all y g3i1 h!s n:.rrng. ~ matter y
curse nnsetea prices .cr al sestriricls y f5,. 20
userchAads se ruivs 2rsasce a.: general isc!ne
TOOK pA5e Tbs .Eoos marie. ,2cSse r.ts . ;cvarard
tendency, " sympathy vsin To1. stHcst soot 'eason
however; o. prspor,;ea % ,n. '.a Epect r'ttt
toe apfrs.soh tb- ..r.eoev "a - .raaecsmti' u
the value n frorsfy rs@ways .rc.riet scmosrtd
with ,he sgsna lae;attus ID eca'd - ss:@:Baf
railway sastss ,scasee ,he &c. boat ~ :.i.~s
Er'e - s-1s0a R,vst gesarE "a. e.. .gss sertru
TX, Mict.sAs sou beto "a Na~sc1ss Hs 7rsrc T.
Cbicn = ii'n9i .ctta Z. cev as. arc fi,tssc-r
q, % tatg sni Ssrthrss,stG al svssna ~. i co
4, Chirags AIi Rock itiun3 y. PntuGrg Fart wayne