New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1865-03-03
Hudson Rivnr.
THURspAv. March Pr. ".

THURspAy March PPM
Gold Is lower and closes at 1884, after selling at
lse. oI9Sl daring the day. The etrugglcto sustain
the market is continued with great energy, and
esnguine people who Ego short upon favorable
political news make very little profit.
Gold bearing Government Stocks are lower, and
por the moment there is 10 adequate market for
Che gold stocks which people desire TO convert into
$50 currency bonds. Holders are very firm and
Nill not make any material concession.
The railway share market is lower, the fall ex-
sending through the whole list. The absence Of an
outside demand, in connection with the fact that
business is down for cash, chiefly, makes the market
very sensitive and large amounts could not be sold
readily. Cumberland sold as low as &C in the fore
boon and CLOSED at 81 a6s; Mariposa, l4a. AT the
escond Board prices were generally higher with
quite large business; late in the day prices were
Dot fully sustained.
Money Is in good demand among stock houses at
per cent, and new business cannot be done better
4 feeling Of caution is extending among capitalists,
and bank balances considered TO be as paying
IN investment as anything to be had. "Green-
backs" are daily becoming more valuable and at
tny moment improve in their capacity TO buy to
cs amount of whole years interest
The Bank Note Reporter for March says:
"There appears to be no doubt that tie Hon. Hugh
NcCuloch be the Secretary Of the Treasury and
h Is generally understood that the Hon. Freeman
CLARK Of Rochester is TO take the Controiierssip
Vbo operate for high prices on the theory Of
paper money we think are not Wei posted
We know bis ability end nerve. lie will caIeen tie
country back to specie bass-safely u he can-out he
viii ooreen II in that direction any how. His Whole
SHANGHAI history has been Of stringent character His
Vtews that the Government Itself Is the great
81 loser by the vide difference between paper money
Ind gold and more than all be knows how TO Lessen
DE difference; and tie edmonshiDg feature 10 he has
pot particle Of sympathy for those who have run IN
feot on this paper money basis nor for those who have
IN currency There is moi. in the minds Of tho people
generally due weight attached 10 the appointment u
Bea1."
1t is understood that great prscticed at
Washington in regard TO new national banks and
permission to organize is only granted after careful
examination. f.,.
Attention is called 70 estate Bounty Loan"
1t per cent, advertised by Controller Robinson.
4 prompt subscription should be made.
Hudson River closed at II2,, md it was stated
upon the street that div ,nd Of 5 per cent VIII
coon be paid.
Exchange continues heavy. The rates are NOM
finally: Bankers Sterling 60 days. 1915 1924;
Bankers Sterling, 3 days, l099l09i; Merchants
Sterling, 1865 9lO7l; Francs, $40 a5.2j.
Froights are dull and rates lower. The engage
nents to Liverpool ore 500 bbls. Tar at Is; 800
boxes Bacon at As, and 900 bbls. Oil Cake on
private terms. To London, $50 boxes Cheese on
yrivate terms. To Bremen, 100 bbls. Shoe Pegs at
ID. Cd, and 40 hhds. Tobacco at 2os. To Havrc,
% tuIs Wood at 35f
The business at the Sub-Treasury was: Receipts,
o3,lsS, 442 05; for Customs 1924, 000; Payments,
t2,374,265 Al OF account Loan, S2i7 oO0 Balance,
o., 53s, 23i o.
Tie Evening Post says, vi
We are officially informed by the President Of the
Cumberland Coal and Iron Company, that tie Nerd Of
Directors have consummated the sae Of the Slols mine
ycr e6I7.OO0 The sun pays off the Whole debt Of the
COMPANY and furnishes 10 its treasury $4,000 In cash
Tia auds sold embrace about go acres onetentn Of
oAs lands owned by the Company which the great
coal vein 10 found The company altogether about
5000 acres. and stin retain the Astor and Hoffman
hjDes
At the auction sale Of Townsend, Moutant g. Co.,
though the attendance Of prominent city dealers
vaS very good the prices ruled low. Hefollowing
quotations will show the extent Of the decline in
rates:
- check Cassimeres upht only Al 3o0A, tol Che
yiot tweeds. 81 IS; drsb diagonal coakiags - IO0
~ 30 IA Imperial mixed broadcloth sold al IS Is
Belgian bloc cloth varied according to quity o. 500
IS 25 and the Others went at equally low torrns TIC
linens Jared bnt little better. brown drills commando no
Prom 81 to 5Stc.; 26inch hDeDsdes, 30D3c (very few
lots Of either being sold); while Lyons all silk yibrsed
between 81 6O0sf 25
The sale at Wilmerding, Hoguet 4 Co.'S was attended
With the ususl success The extended catalogue com.
yrised large lots Of SaIony French ard British dress
goods bcsides hong line u linens The sale Of dress
goods however, did not compare favorsby with that Of
yesterday at another loug which unusually fine.
There was an immense attendance, and the bidding oil
Ne most spirited description. The rates obtained
eood. the Mozambiqnes selling at 5095c. Sewer, SOd
10 Distold Kaye Sc. Tie hndkerchiefs. mourning
styles which were not Of the Gncst kind brought good
prices The 81 were sod at 30a5lc., aud a. at 500
no. The 1920 Huckaback towels averaged 2ltc, and
oA0 vent o. @V2esc., s21i2 friDged Bstb tcves sold