The Wheeling daily register. [volume] (Wheeling, W. Va.) 1864-1878, 1870-03-09
FINANCE AND TRADE.
New York Money Marker.

NEW YORK, March 8.
The excitement in the Gold Room to-
day was without parallel since Sep
TENDER last. The anxiety to sell gold
assumed the shape of mania, and its
equal never before has been witnessed
in the Room. Fluctuations were unu-
sually frequent and the dial recorded
nearly one hundred changes during the
day. The scene was almost indescriba-
BILE. The crowd of operators surged to
and fro, cheered each decline of and
per cent, and vented their feelings in
screams and yells of delight. There was
not q bull in the room, and at times a
premium was offered for sight of a
man who thought gold cheap.
The Room was crowded the entire
day, while on New street large crowd
watched the changes of the dial with
great interest. Everywhere in financial
and commercial circles the gold ques-
ton was the great topic of converse
ton and continued downward course
was felt through all the ramiiica tions
of business. The excitement in the
Gold Room was intensified by t0le.
grams from Washington. Opetelegram
IudI ctudIOk hou AhOAOuuSOu
resolution to receive part of the Gus
toms in greenbacks, was followed by an
other that Senator Fowler wanted all
surplus gold in the treasury sold, and
the price tumbled to 1l0j.
A telegram next received was that
the House committee on Banking had
agreed to report bill in favor of fifty
million more greenbacks, and up went
the price TO 11lS. The report was de-
. MED, and down went the price to Ill.
1t was then reported that the chances
for tho funding bill in the Senate were
less favorable, and the price went up to
ILL.,. At the close I'LL was bid and
lll2 asked. The ,greenback prices of
government bonds were seriously af-
fected, and heavy decline took place,
'67s selling down to los, the lowest
point for a long time past.
On the Stock Exchange the effect was
not so great, owing to the great efforts
of the bull clique to prevent the stock
market from sympathizing with tho
surrounding depression. The market
at times fell off, but was prevented from
breaking by the persistent efforts of the
cliqucs.
III IlClCdullIC CIsClN5 luO NOSAlbS IL
gold had tendency to further unsettle
business and weaken prices. This was
particularly applicable to the depart
meut Of dry goods, where the leading
jobbers are still offering bargains in
all styles to induce trade.
The Produce Exchange was democrat
lied. Wheat dull and heavier, notwith-
standing the advance in Liverpool.
Flour heavy and declined. Provisions
decidedly lower with very unsettled
market. Pork has fallen of sc and lard
&c. There was veavy decline in cot
ton and middliug uplands were &c low
CT, sailing at clio on the spot, while
low middiing sold down TO l9!al94c for
April and May delivery.
M0NEY-Market very easy at 4a5 per
cent. on call; prime business notes at
7aS per cent,
STERLING-Nominal at 1OSfa1Oss
G0LD-0pened at 1921 and closed at
1lltalllg, after touching Ito! Clear
auces $4,000, 900. Carrying;rates Per
cent. to fiat. =
GOVERNMENT STOCKS-Heavy and
lower. Coupons of 81 at l13iall4f; do
'62 at llOtal10s; do "a at l09salO9e;
do '65 OF 1U9ia109i; do new at lO7ial0e;
do '67 at l06fa106s; do '65 at l0SsalOSs;
10-40s at l06al06!. Currency Skies at
ll0ia110t. tHf tt.s