Abstract

Financial Review
January 18, 1866 issue

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The article presents information related to financial conditions in the U.S. The feature of the week has been a heavy decline in gold, stocks, and produce. For many months, foreign merchandise has been, with few exceptions, bought and sold for gold, so that it has not felt the effect of the tumble in the gold room, indeed, in the coffee and sugar markets a somewhat improved enquiry is noted. No specific cause has been assigned for the sudden fall in gold. The increased demand abroad for securities, the prospect of conservative legislation in Congress, the failure of some speculators for the rise, and the abandonment of the game, in despair, by others, each of these causes had its influence in producing the result.

See Also:

UNITED States -- Economic conditions; STOCKS; GOLD; COMMERCIAL products; SECURITIES; UNITED States
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