, 1870-07-12
NEW YORK.
Excitement in Wall Street Caused
by the European Compl-
cations.
Special Despatch to The Chicago Tribune.
re crHVEr


EXCITEMENT IN WALL STREET
new YoRK. July 11.-Wall street was nseHer to-
day than for several months, and the transactions
involved are estimated ct more than s1o9, ,0o0, ,00o
The activity began as soon as gold opened. and
the excitement was steadily increased by hood
Of warlIke dispatches from Europe. The crowd
outside vas very large, and resottcd TO the old
trick Of betting the indicator. Many pools have
been made on the probability Of war, sud some
operators left the gold room and said they pre-
ferred to make bets Instead Of buying Or selling
gold. Up to IL O'clock the general impression
YVES favorable to war, and the bull party
could not get all the gold they wanted.
The fluctuations were very rapid, and as <lc time
the Recording Secretary found 1t difficult 10 move
the indicator fast enough. So many cable des-
patches were received that doubts u1use ID regard
to their genptneness. In the afternoon, the ex-
citemcnt was diminished on report that England
would act as peacemaker, and the market closed
without much tumu1t There was crowd of
people at the Fifth Avenue Hotel tonight, and
many private transactions in gold were made
1le clrartngs Of Saturdays business were $751;
0o0 and dd not include several ml1lisns after
the regular hours, Several prominent specula-
tors, who were at Saratoga md Long B7nch, re-
turned to-day, and II the situation In EuNpe con-
hnues critical there will be plenty Of fun and an
enormous crowd at the Gold Room Tomorrow.
MONEY.
The money market was easy In the ttenoon,
but became quite active toward the close Of the
day. After o'clock several brokers paid alx per
cent on stock colaterala.
srocEs.
Tile market WAS very quiet, as the attention Of
nearly all Of the operators was absorbed by tho
gold room.
THE DRY GOODS MARKET.
The prospects Of j war In Europe haze unsettled
the dry goods market, and all parties arc waiting
for something more definite before operating
heavily.
TIE RAILROAD WAR.
It Is rumored tonight that the Central and Erie
Railroads are negotiating for compromise, and will
soon advance the charges on cattle TO the old
figures. Large numbers arc arriving daily.
ORDER Fob ARMs,
Orders were telegraphed to-day, from Mat.red,
to hare ten thousand rt1es, recently purchased
here for the Spanish forces In Cuba, shipped tc
Cadiz Immediately,
rnK ICE TRADE.
The spectators In ice sent t1 Norway SOME
time ago, md purchased large quantities foE tht
New York market They have several targoes on
the way hero. One operator, to-day, purchaset
10000 tons OF ice for $780, 900 at the place where Il
is stored.
ITO tue Aasociatcd Prras.]
MARINE ITEMS.
NEW YoRE, July 11.-The steamer City Of Brus
sels, from Liverpool, brought $4,000 sterling II
specie.
The United States steamer Colorado, from New
fuTk. was at Rio JanelEo June IL, bound TO China
The steamship VIM Taoef, Captain Hntch1ns
Which left this port May II for San Francisco, re-
turned this morning in comaud Of Captain VIM
PlNnmer, haFtnC been ordered home by the
United States comluauder at St. Thomas, ID con,
sequence Of fnntiiy among th5 crow, IN which
the captain vas implicated.
HOTEL BOARD REDUCRD.
Tic Metropolitan Hotel reduced board to II &
dag. The other 1rst-class hotels are expected st
follow.
FUNERAL oBsEQC1Es OF JAMES r. LING ARD.
The otsequtes Of james II. Ltngatd, the motor
who committed suicide Oh wednesday, were blciu-
n!zed at Rev. ur. GallaudetB church, on Etgh-
teenth street, yesterday. Ovcr four thousand
people we're present, Including Mrs. ungard and
her family, and a large -namber Of professional
frtends Of the the tlccesed. The scene at The
church waa attended with considerable feeling
Mre Llngard rode In carriage 70 the grave
protected By policemen.