New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1873-04-04


While a feverish and unsettled tone predominated
b the Stock Exchange to-day, yet there was less ex
irsment than on any previous day this week. As
Hsual Of late the burden Of the Wall-st. song is
BE question OF Treasury Intervention for the relief
q the money market. A very heavy pressure seems
B. have been brought upon the President and his
finance minister 20 either remodel the April pro-
k-amme OF ler out into circulation liberal supply
h the creenback reserves, ten millions Of which
Bad % be iu the keeping Of Gen. Hllhouse at
lhe Sab-Treasury in this city. The prevail
slg impression seems 70 be that the financial
taJtle VIII have 70 be fought out the already de-
flared line If IL takes al Summer. But prevailing
opinions 20 what the sphinx VIII do-and he mas
the reputation Of ordering al extraordinary imam
ri movements out of the usual routine, such as the
Issue OF I'VE OF SIX millions Of the reserve greenbacks
list OctobeT-are sometimes at fault 50 We find
Eery srewd and long headed men IN the street who
Ere OF opinion that Gen. Grant VIII yield TO the So
lcitatiOns Of his Wall-st. friends for more cur
fencr committee waited upon bin last night, and
h l. understood that they TO renew the attack
IhE evening reinforced by the newly appointed As
distant Secretary Of the Treasury. who Is SAID 70 be on
kswav from Washington 70 New-IOrk for that pur-
pos If such course Of policy as the Wall-st specu-
laors propose might be reasonably expected toreheve
the mercantile community there would be at least an
apparent ju.thcation for it. But whatever addi-
h0uaI green0acks may be put into circulation VIII
h immediately "gobbled7 by the stock spectators,
D. was the case last October, and as the stocks
may temporarily advance which increased valua-
ton viii soon absorb the additional amount OF cur
reney put into circulation, and money VIII resume
is condition Of stringency. In the mean tine gold,
according 70 the Judgment OF the cool heads, VIII
advance and the great benefit TO the merchants from
The proposed expansion viii be that they vii have
90 pay still more exorbitant prices for the specie
(which the. require IN their legitimate business.
However the end sought by the Treasury
NAV be attained # the proposed movement assists
jay Gould and his associate bulls 70 sell out their
boarded gold al handsome profits, and the heavy
hoders Of now heavy stocks 10 relieve themselves Of
their burdens 40 advanced prices. Such would prob
ably De The results Of a new issue Of greenbaeks
The real difficulty is that are overtr2ding' bnld-
fng too mauy railroads. issuing too many bonds Oh
(which we cannot always pay the interest and per
Knitting the balance # trade with Europe 70 run zoe
heavily against Us. To the general belief whlel
prevailed tins afternoon that we are not TO nave
any additional currency, more than 70 any
thing else, may ascr1be the que
condition of The markets after midday though up e
shat time the stock movement had been pretty lively
Starting ont with prices following the decline o
Yesterday late market, an improvement set IN be
sOre the Board and barring occasional slight re
action, 1t lasted until after the o'clock Boar,
lad adjourned Later on the market grew stagnant
Bnd in the closing dealings there was a dearth o
activity prices closing steady. There was 10 GOSSIP
a. give any stock special prominence. The opening
highest lowest, and closing prices Of stocks were al
follows: