New-York tribune., 1871-12-12


in its After opening at lO9h and advancing per
cent, there important change until noon, when
the price declined to osa Later In the day. when dis
patches bringing the news that consols and ma
tonal securities better, gold made further de-
cline to 1o9a closing weak at The total clear
ingaat the Gold Exchange Bank were tso. oo6 gold
balances and currency balances t226ss7. The
rates paid for carrying were and per cent-the Lat
ter rate in eold Tho following the quotations:
I;'s:: ;': :' I|;s;s sss
The days transactions the u g. Treasury
g: ;:;;s = {: s:::y s;I::: ::
Ss.s:l ess ::: ss s 20 Customs 's''' %
Foreign exchange dull, but nrm, at about satur.
days rates.
The money market was moderately active during the
early portion Of the day. the general rates on call having
been 6a7 per cent pledge Of Government securities
and currency and gold stocks without any particu
difficulty the part Of borrowers in obtaining funds
ut these prices subsequently however the market be-
stringent and the rates ranged from per cent,
gold per cent per day, and the brokers had more
than ordinary trouble in making up their accounts
at these rates. This result is believed without
son. TO have been produced by systematic withdrawal
from circulation Of reenbacks with tho view Of pro-
ducinR, by means Of . tight money market,
decline in stocks. Street gossip points Deacon Drew,
Rufus Hatch, Osborne q Cammack, Trevor & Colgate,
Musgrove Co., and firms connected with the manage.
ment Of tho Pacific Mail Steamship Co., prominent
among those who are engaged In this movement. OF
such gossip 10 entitled to very uttlc credit In
deed far as the responsible oce Of the Pacific Mail
steamship Co. are concerned, We have the best Of
authority for saying that the story has not the sRhtest
foundation in fact, Mr.. 6tockwel, tho newly.
elected Prcsident Of this Company, win take
pleasure In showing to any stookholdeP Of
the concern by an examination Of tho
books and accounts Of the Company that It's funds
not employed In any ilegtmate manner Mr.. Hatch 10
also very emphatic in asserting that he not engaged In
any movement whatever to produce . money strin-
gency. There has no doubt been quite Q demand for
money, to supply other pars Of tho country with
reucy, by sufficient TO account for thus sud-
den strngency Whether the gossps correct a. to
the parties engaged In this business no-and they
in that regard - tho street 10 strong In
the belief that parties controlling millions Of money
engaged In tho movement referred to, aud equally
strong In the opinion that the movement viii fail In ts
object Discounts dull primo acceptances passing At
per cent The Treasury will buy 100000 Of bonds
ON Wednesday, that amount shall be offered at un-
der par Of gold and sell 900 gold Thursday
The Government bond market has been firm In tone at
fkther advance in prices At tho opening there WAS
material change but at the call quotations were
1a1 per cent higher making shsht reaction ut the close
In sympathy with the full In gold The largest dealings
In lssls, is62 1875, ana Currency g. Fisk Hatch
report a. follows at Pm:
OaeredaAs Offered Ashed
"a Cunsney 6s.....liat ilai RS $40 Is Coup.iit ~