, 1866-01-01
THE GOLD MARKET.

uNEluR AAH ul6l uaA O1 l4V JE4T loo0s LQH H0lQ
market In efcry important city In the Union. was
The sccne OF great excitement. During tbs latter
part Of tho Ecar 1854 gold had declined materially
in consequence Of the Victories In the Southwest,
and there was h.ge class Of capitalists scattered
i'll over the country who still believed that gold
would again advnnee even higher than The point
reached In July of that year. Under these crcum-
stances the market opened In 1865, with
a'fone parties ano combinations 10 "oul'
aha ocM as tnelr Judgment directed,
ana 1or pp"afde o! nse nonlhs the exchange
rooms IN inc pf1heipal atlee-parnenlariy New
1ofx-"ere crowded 10 excess By specnlatofs-al
eagef 10 tsse ono Side Or the other. The mania
foF gambling IN gold spread nom Wall
s'feet nso almost eSeg eomnefcaa ccntte,
anu oe.ote taeamona 1en thete was laF'e proper
uen ol me me.eaants o. 1ne country cneared mofe
" .ses .," - .e.s "a. 'saes - Eoto. ~ nauJ IL.
eaasss 'aoso .0Ne,ess ~ s1x sst'mx ~ ptie.s W
~ !osa LA @ IL ~ ~ ~ .1a.s
W :. Is t - A.a .ss. ,a. =. - ~. ~ ~
,shaa ~" a. ss .a;a I
~. a,u ~. ,aa.as,s =, " asaro "Ilv ,s.t oi, a"h.
.....s,',. -. - .., Stato .hsn ~. .,,,o
~ ,,., ~ 49,, .. ~ .S"
- 49,. -, -.h4 so,5 an.,1s ~ -. 49, ,h..
~, "a nnt ~ = 80.
.hst 1ansa ~ s,nn s.rts. y, ~ no,.ts..
sara.1,.,. fro,, .1an, s,.'.h sa,r,, 49, ."a.as
-. s,,,-.t ~ tt.s .taa.,, 49,, ~" S,s.as- ~ ~
r-lts, s,c,.n,,.s ~ -. 49,. ~ ~ ss,-4
-asr.. ,r,- .r.s rtaa =. cn,H,ots,t .r,So-4t, ~.
- .1, s1s 49, 49, ss,a ~. a. ~, LII - -,
tha s,,hs,,,..t,or ~ .ha .,arah
s'.,1,,n rh,s sn.s..st t.,,.a..sn,, ~ - ~,s,..
a.,.tn@. -, tta .nh,oct t.a ~ aee. o.,r -, 80
1a"s,ts. ~ ~ ,a,as ,,s,,1has ~ ,,ctt,.s 49, .ra,a
.1sr.h;..aa 1an.ness1t.s ,,.n., ,,s.h tha 49,. ~
ns. =. n,sh-ae.s5 A1SAe "@@ 80 .A
go s.sS a. ~. 49, a. ~ ,a,r.x,. 1sex =. a,ec.
,,o,s .st St S,.s ~, ~ ,a,,n@.,. ~. :. e,1a
- anu -. ~ .ha kss.o.. aaa. rsanhsa 49, ~ ~
"n1ea W. tuo Htness po' .s" ~, Wy sae
seat' anu '1oa ~, "'. =, ae ~. .e', uou
niet moa.s' ~ se iaa ~, uas ~ na5, NIeu ~
oneusu oo .an a 80 H.. tu rs pont -
Giaoaa!'s tuso as1 AZ -, no NI'1 10y :" xsosempe1,
"nen Il nsan te.1eaeu ~ aesu' ~, me ieal q.
l4a3s. lac mesnns ., sooeIess INC 1ne feporI o1
Aou' Auen Mesullocu, ~ "n'ea us eonf1act1on
polcs "as ausoca'eos aRaln oepfessea uae matket,
ou' us oeSne Nas w. se1y etea'' ~ .oe taola VI
qao1auonsse'sen nssea'el n oemonstates:
me range o. gold IN tae monlh OF Sannary Was
43'94 ~ opsnea on u" ou a. -. aoFanceo
on tne 4ta ~ SaaH' nna Efaou1ly aea! laeteaite<.
IN tne !stn lumois o. Inc ia ol foft fisnes caus-
II ~ atcae HUN @4o ~ anu on sne iskn, zotn
aao ISL reports o. b@ifs peaee mission 10
hsehmond sent IT, doWn TO lHH. From this Polnt
~ ta44eu a:e' ILL w tu' ~eLa II oao teaeaeu ~+u.
but the arrival or 1lessrs- stephens, Hunter aud
The market to ial on that day a. 1ow as s0a33s.
Inc market IN feosnafS was stead1er than IN
Janaasys our 1he tenaency was stut doWnWafa.
on mo lsa u opened al 1u:'s. out rose on inc ad
as n'gn az w. VI tne 4th ltesloent Lincoln 1e-
tufaeo ron nls conference az foluess Monroe
villa tae feoels named ABOVE ana INC reports tnat
AZ a1'e,nps q. nIsooanous ~ way sa4su, tsnucteo
NE, 1ne matket a''a ouoyan., ana aasanced Hon
go ~ ~ r.,.a ~ ~ ~ s,sa. " ~ -, -n,,s;
@ch. - W. pasasa ~ ~ ~ ~ s ~. wn,sA
,1,t ~ .hst -.a,,h tss s,b.,,.@ tsa.a-
- - rn.s.ta ~.-+r sn5 ~ s-,;-, IN ~ -, ~
sns E-F,To ,h,e Mint II ra1,isa y, sss5. ~, +ho
1.+h trt ~, tha caIo,r,n-- ,v tbe s-r,va1 q, xo1
ya.t ~ twcntv.ona vessels 1o,sea VIII ro,to1
froIn Savannah sent II down aenin tn ao4z:. f)n
the 16th the news that sberman Ind oecunted
BIanchyi1]e. and on the s0tb that be had cautnred
ehar1e,ton. st,ll further denrcs.c The market and
the range during The balance of the month wus
only 96.f6eso3a;,
On the it Of March cnla ,as aDCsk. and during
the month. uude, succession Of Union victories,
and The announcement Of The SECRETARY Of tho
Treasnrv yin sueeeb as Fort Wa1ne. Iud1aua that
he waa in faYor Of speedy contraction Of TIC cur-
rency. ttc1adualIy fell to 13l@15e On the 3lst The
low polnf reached was on the 2lth, when 1t vas
soE - Inv ss 147x.
In Apd-the most eyeutful month In the year
that In which Richmond fell. Lees army snrren.
dered. md President Lincoln vas assassinated-
cold VA stead1er than in any previous month Of
the .ear. The raure for this month wss 14iatG6;
hut M the latter nuotatlon vas ou]y an irregular