New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1870-03-02

rlONAL STOCK EXCHANGE.
TUESDAY, March Up. ".


There is much stronger feeling in the
market to-day and recovery from the general feeling
OF depression felt yesterday, arising doubt from the
fact that the public have concluded the price OF gold
permanently tending downward. 1t may be forced up
by spasmodc effort, hut there is not power enough TO
keep it up hard fighting with the stern hard logic
OF finance and the present indications are that the cou
try looking resumption We regret to feel that mere
must be some who will lose they have not needed TIE
sps Of the times for nearly year past TO stand from
under"
The cotton crop Of 1863 estimated by the most care
fu statistcans and those best Informed In regard 10 ne
Droduct to be 100000 bales and at Is cents pOuhuh
is worth 100000 at ieo u to the bale III We t~hs
900 900 bales for home consumption we have 2looS"
bales for export aud this viii yield the sum
s2n 100000 OF the 100000 bales We have eHpoi'es
rom Sent l. 1909 to Feb 10. 1870. to foreign ports
1O4Ole6 bales leaving for export l,GSso4 Dales "ofn
sl2l ST. 400 AZ cotton is preferred 10 goiu IA &c VIC
cotton SINNERS the nbbon aud other Manufacturers
have cotton Sl2l In cotton 10 SEM aoEo'e
in the next months, when the new, ana VIC HOpo
largely increased crop will be coming into the markN
A the gold value OF cotton this year will be some f
GOO or more I'm excess OF exports Of cotton over aa
we cannot see why should be any prospeet@
specie being wanted for EXPORT and' therefore, 'ah "
NO reason lv the price Of gold should not gradually lie
cline until we get down TO specie BASIS 1be onV 10
apd for gold Is for export and for duties except uep
sums as may be wanted, We hope, by the staes' y" P
interest on their bonds and stocks, end gold that may
wanted by corporations aud individuals to pay n1ere"
There he hut few few ae SfsOG y t hs g
time TO be settled gold. and corporations VII not SUD
ec Themselves TO the odum of disregardiDg the decision
q, our highest judicial tribunal Gold must down be-
cause there ia no reason why should not. The Admin
istraon has declared for the greatest economy IN Az
| public expenditures. President Grant charged MI
Dawes with this message TO the people OF New-hamP
shire and the whole country Will respond: Eeopo'"
| and honesty in all public expenditures" In ie"
months Mr. Boutwell, can float Al bond ana ave ho'e
10 the world that he will pay coin for greenhouses .e
tuen the people everywhere will prefer paper eoh'e1"
| INTO gold at the will OF the holder.
The Pdu Mai Gazette says the Government mas ma'o'
great but sensible innovation IN requiring hereaie
monthly statement be published OF all the recei %
expendtme s Of tho Exchequer. Here the Secretary"
tile Treasury publishes every month the CONDITION oi wv
Treasury The National Banks are required to MAKE"
ports quarterly Of their condition, and It is quiIeu"e
that the Legislatures Of the several States should require
all railway companies 10 publish monthly statements
under the oath OF their officers OF the receipts and @
penditures and of thu decrease OF Their de
The holders OF stocks aud bonds in the different fAS
have q right 10 know their condition each month"; anu Nv
| Legislatures cannot do better thing than 10 re9'
monthly statements be given To the pubic OF e'f
| and expenditures Of railways. -
| The money market to-day has been very easy H0a.,
| is abundant on call from per cent, and eom"eu
paper III demand from 81 to per cent according ~
| rated in the market. ,-,...,
Foreign exchange is heavy to-day. and the following