New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-12-23
MONDAY, Dec. ppm.
1si panic in the Stock

There was a qudS, panic IN the StocR
.,Hs o, This moyninp and the Fancies fell of from
~ 2y cent. The French news Is generally gwen
m The reason for the decline, but the market had
y,,ang inactivity downward, without any particular
.,.s,,nc rause. which was assisted by the partial
sauipeency Of money and the disorganizaton OF the
s,ioues which have been managing some OF the lead
an, Stocks The disturbances in France undoubted-
\, increased the extent Of the fall but there would
,~.h.h,v have been decline to-day had not the Eu-
.n,. arrived The market opened for Erie at S3t,
xsnt TO So, and aferward recovered to o3s"sS',
showing decline OF / p cent on Saturdays prices
Reading fell of 10 $751; but closed at 591, decline OF
n D. cent. Harlem declined to t5t, closing al oos'
q fall Of ! y cent. Norwich declined l..
cent, selling at SO. Convertibles declined 10 3d.
Saal Of y cent but closed at SOL. They have 8 "
cent interest accumulated. Canton sold at 90, de-
Sfise of Q y cent. Generally, the market al the
close Of the Second Board was hrm. The market
I,risg the day. for sound investment Stocks, was
mt sersiby affected and, although the sales OF TINS
description were quite light, there was no DISPOSE
ten 10 sell at lower prices. prominent reason TOT
Ne decline to-day is the fact, that considerable
pcstion Of the members OF the Board are now DIS
posed TO be bears rather than bulls, whereas, month
or two ago there were but two or three influential
bears in the Beard
The market for Sterling is firm to-day
At Iol6lOl with good bills al lOs. The demand rs
usa large. The adyices from France have had but
kttle influence upon bills on Paris, excepting to
cause general suspension Of operations. Sales OF
good bills have been made at SIS.
In Freights the market is quiet and rather
Asavy The rates are to LiverpoOl-COtton, S-l6d. ;
Dead
Weight, l5s Naval Stores, Is 3D. To London
Flour, ls. Cd, Cheese 3Os. Beet, As. Cd Dead
Weight, 25s, &c There is a fair demand for vessels
for the coasting and West India trade.
The commercial world, connected with
tbs Continental trade, waiting with much anxi-
ETY. for the arrival of the mails by the Europa The
news has produced less excitement than was an
tsSpated, and is not expected by those connected
with the French trade, that any commercial crlss
via sspervene. as occurred when the last revolu
sioa came off, Very little OF no dscredit was thrown
Upon French bills, which had previously been in
good credit, and 1t appeared to be generally con-
ssded that no contest would ensue in France, which
would destroy commercial credit.
The Harlem Railroad Company have de-
slnred their seventh semi annual dividend on the
pssfened stock of A y cent, payable 9th January.
There is more active demand for Money
to-day, which is less freely met. The Banks are
sntsipatng the call this week for their quarterly
Statement and are preparing for it.
The decline in Eric Convertible Bonds
10 partly the result OF the current rumor tina, new
issue Convertible Bonds is about to take place to
NE extent OF three millions OF dollars at 90 y cent
II 10 also stated that million have already been APP
Piled for at that price and another report states that
The whole three millions have been taken. We do
~, believe the last story and think the first doubtful
- interest of the other Convertbles can be bought
~ about So.
The Directors Of the Bank of Fishkill
are about TO increase its capital, by adding new
stock to the amount Of $4,000.
The following statement shows the