Show DECLINE IS IN GOLD received today to nay day armoun cc I 1 a mar marka e cd d d decline J i ii e I 1 n 9 b I 1 d T the I 1 i e t tendency e i ld I 1 I 1 I 1 0 o of if gold for so ine 1 tune time past ila ha been down doi ward d but the immedi ate cause of its tumble til ruble from froin about to though it rallied rall iid agam again to is a subject of in for tile the sible reason assigned is the determination of secretary mccullough 0 11 t to sh ship lip the cotton captured at savan savannah ll 1 1 tu 1 engrand En gIand d it if amounts tk I 1 at bat an all jihei average age of pounds to the bale would make pounds pound worth in england probably from frolli tp to 7 I 1 I 1 tin this s boti would id be a con considerable idora fund to draw against andies and les sea to a corresponding extent the demand for gold in ill new york 1 as it is equivalent to a remitta remittance acl 0 ol 01 i gold to the amount named there are other causes operating which are more permanent in ill their na tn irto reduce the deni demand and for gold ind and the premium upon it among t these hese may be mentioned the decrease in ill imports and the tit improved condition of national credit resulting from increased revenue receipt sand the appointment as Svere secretary tary of the ry of a person who is known to be opposed ed to expanding the currency recent military successes and the confident expect expectation of others have really y less influence in in depressing gold than purely commercial and financial causes fur P or one I 1 reason e ison it may be haged that thera the ra ie 1 f tho though 1 I 1 steady will be mo more re rapid than it has bas lately proved for a sudden glidde 1 n tumble to a low figure as tile the result of nf a great victory vi c tory or apy ally other cause would reate create the th C mst moat disastrous s panic that has jeen known since 1836 5 march hj 11 11 th X |