New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-12-04

MONDAY, Dec. 3-P. NJ,

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MONDAY, Dec. 3-P. NJ.
The downward impetus Of the Stock marke: hiss re-
ceived no check and prices sgain lower for the
| prominent fsncies. Erie, Reading, Nicaragua and
Cumberland were the most active stocks, all closing
at a decline on Saturdays prices. The most conso-
cradle fall was in Erie, which after the Second Board
was sold below ia decline Of 81 y cent. The
trsnsa ctions were about $500 shares. Reading with
considerable purchaies, partly on Philadelphia &C.
count, sold at s6l-a decline Of p cent. Harlem
was finn. Central was sSl SO, without trans
actions. Western shares were generally lower,
but Gslena and Chicago improved I y cent,
selling at ll9. TIE receipts of November
we hear will be about $4,000 in excess of those of
November, 1854, and we have a continuation Of the
unofficial statement from Chicago that in addition TO
the y cent cash dividend in January, there will be
10 ~ cent extra dividend in stock declared in Feb
ruary. The business of November would have been
much pcr ased but for the heavy state of the roads
on each side which rendered it difficult for farmers to
haul produce, &C., to the railroad. Cleveland and
Toledo declined y cent; Chicago and Rock Island,
q y cent; Michigan Central, 3, &c. Canton was
steady at 81. Railroad Bonds were heavy and the
sales mainly confined to Illinois Central, which
went to n. n. Y. Central rs sold at 1903. State
Stocks were active than for several days past at
about previous prices. Virginia, 95l Louisiana, 934
Indiana Sc, slI Missouri, sss, &c. sale of $4,000
Government c., 1868, made at 1lss. The present
condition of the Stock market appears to be the re-
suit of the tmidity Of the public, which Cannot be
tempted to invest in the valuable wares offered daily
at the Stock Board " at great sacrifice, while the
leading bulls appear to stand aloof either unwilling
unabs to sustain prices. There lie more than usual
apprehension in regard to the character of the next
foreign edvicea, many operators anticipating further
advance In the rate of interest by the Bank of En-
gland ond a srisl decline in Cotton
Tie business III Exchange has not been large to-
day, in consequence of the frmness of the market.
The supply of outside bills is moderate and the inquiry
from remitters is equally So The range of Sterling is
7asI y cent, no frsclass signatures being offered
below sQsI y cent. Prodcce bills are more sslabe
than they were some time sncs in consequence of the
stesdness of tbs foreign markets. Bankers ask g
y cent; would sell line at g = cent. Francs ore
525 a $50.
In Freights we notice to Liverpool small lots OF
Grain to gil up at lOd; 1000 bblS. Flour, IS ass. Sd
500 bales Cotton, 7-32d a ID 200 terces Beef, IS
200 boxes Sugar, 3Os.; 100 b5ls. Oil, 35s. To Lon
don, coo bbls Spirits Turpentiue, rs 500 bOls.
Resin, As. 3D.; 600 bbls. Flour, AZ. To Glasgow
$50 bbls Lard, 40s.
The business at the Sub Treasury was, paid, s7O,-
$50 9O-incluong $50, 900 for California Drafts. Re-
ceived sl4O 256-ncludpg $4,000 for transfer drafts
on Boston, Balance, 81 373, O38 25. Paid for Assay
Office s492, sos O5. Paid on Disbursing Checks,
s44, 1914.
Simeon Diapers regular semi weekly sale of bonds
and stocks at auction viii take place tomorrow Of the
Merchants Exchange at l2l O'Clock.
The directors of the Importers and Traders Bank
have called for second installment of 20 y cent on
the capital stock, payable on the 10th inst, and the
bank will open for business the same day. This To-
stallment makes 80 cent called ia, and will give
ESQ, 900 to commence operations upon. This b snk
has got an able management and good location, and
will doubtless prove one of the best of our bank
ing institutions. The business population in its
neighboIhood is rapidly Icreasrg and Is of the best
class The new bank has our best wishes for its pros
periy.
The business of the Clearing. House to-day was
$40 425 900.
The Bresdstuff markets were sgan lower to day.
Flour Gl2Ic.; Wheat to &c. The renewal of ca
nal navigation, securing The receipt at tdewater OF
all, or neary all, the immense amour. ofproduce now
in transit had depressing effect. The expor: de-
msnd is fair. Pork &c is quiet. Sales of 900 ties
Lard have been made for December, January aud
February delivery at III al2c. The Atlantic did
not bring out the advices Of the opening OF tenders for
Beef ard Pork by the British Government as was an
tcipated, ana much disappointment is felt by dealers
Cotton Is heavy and quiet. In Groceries there Is no.
thing new.
The Secretary Of the Treasury has renewed his bid
to the anount of g. 500 600 for Government Stocks at
TIE same rates as before, excepting on the stocks OF
1856, which are reduced y cant. The bid stands
until June next and is:
For stock Of the losn Of 1912 a premium of 10 y
cent For stock OF the loans of 1s47 and ls4s, pre-
MUM Of l6 y cent. For stock issued under the Act
Of 1880 commonly called Texan Indemnity Stock,
premium OF y cent. And for stock of the loan of
1886, Iedetmabe on the l2h November, 1876, ii re-
carved at the Treasury prior TO the LIST day of January
mex, premium OF 2l T. cent; if received between
tie LIST OF January and the 3lst CAV of March next
spiemium of 2 cent; and If received after the 3lst
ano pnor to said LIST June nex!, premium of ], T.
cent
AS we intimsted, the drain of gold to the interior
mas oetn sufficient TO reduce the average of the bank
ieserSe although the reduction is rather larger than
VIC anticipated. The banks hold, however, TODAY a
inuch larger amount than the average shown in the
statement probably twelve millions Not only thu
Boston banks but the New England country banks
have been redlscouttiDg their bills receivable in a.
market and drawing the gold. The South and the
West go have drained US freely The large increase
in Seooeits Ia only apparent and occss;onsd h. a.