New-York daily tribune., 1856-05-20
SIS. '..1ss 81 10 ns:A 30. 1 N.IAR.sso %
MONDAY, May le-p. ".


There was q considerable and general decline in the
Stock Market to-day, consequent upon the comp!ica-
ton at Washington and the spprshensons fors the
,ults of the expected dismissal Of Mr.. CHAMPION.
The Money Market is il anything rather essier, and
the fall to-day s entirely the result of sales induced
| by tie tenor of the advices from Washington.
| The tendency Of the market was downward almost
without reaction from the opening. and at the clcse
Stocks were offered at the lowest figures which the
| market had touched. The be.rs, however, did not
appear disposed TO operate freely short Stocks and one
of the principal operators for decline was large
buyer TO- day. The bulk Of the transactions were Of
real stock, forced out by the using up Of margins or
the apprehensons Of holders, that the market was
going still lower The decline in Erie was II v cent
with sales Of 5000 shares Reading fell of y cent;
Central II y cent; Hudson River, y cent Panama
cent Cleveland and Toledo, Il y cent; Michigan
Central, l y cent; Michigan Southern, J. v cent;
Chicago and Rock Island, p cent; Galena, cent;
&c. Erie closed at 54i Central ssi; Reading, s22;
Cleveland and Toledo, 72}, &c. In Railroad Bonds
tie burmese was moderate, and prices sympathzing
with the market Illinois Central sold at 60; Eres,
1875, oo, 1862, s7I 1871, s3I, &C. State Stocks are
heavy, but without important change.
The Exchange market is more freely supplied with
Outside Sterling and rates are not firm. The demand
as yet is moderate. Sterling is S9i, with Bankers
bills selling in some at q cent. The leading
bankers do not appear anxious to draw Francs are
5.lsiS5 lsl.
The Freight engagements are; To Liverpool, $1,000
bushels Corn and Whest at a 53d; 5000 bbs. Flour,
2s Sd. a2s. 3D.; 600 bbls. Pork, 2s 3D.; 100 hhds
Hams 23s some Butt Slaves, flo; 1000 bales COT
ton 1870 Id, which is better; go hhds. Salt Cake
2os. To London, 1000 bbls Rosin, %. Sd. To Bre-
men, 500 bbls Rosin, private terms; and 100 bales
compressed Cetton &c. To Rotterdam, $50 bales Cot
ton, &C.,
The Bank Statement shows o continuance Of the
contraction of loans which has been going or the last
five weeks. The decrease Of the past week is about
$500 0O0 and the aggregate since the contraction COM
menced is 81, ,s3s 900. The loans and deposits are
DOW nearly the same as they were early in March,
while the spece reserves COOLIES. Last the
contraction of loans, which commenced at about the
same time continued until the middle of june but the
aggregate contraction is already 600 larger than
then The loans as compared with this time last
year. show an increase Of ell 900; the deposits
show an increase Of ST. 400 Ooo and the specie de.
crease of g. 400 900. In view of the increased cap-
tai and deposits the basis of Bank loans has increased
more than the loans portion of the contraction Of
the last few weeks has been from the large amount of
discounted paper maturing. The foreign Bank bal
ances continue to be drawn down. although not TO the
extent before noticed. The comparison with last week
is as follows:
LosnA Speech. Orculstion- DePosiss
Nav Io slo3 sos 79o slS3l7 S65 $500 B5 $50 2
May I7... $loS $40 e12,7@ Ss,fsal62 Sss,I2oflo
Decrease. ssn.0a s5oIsA sr4,ss s7s5sn
The largest reduction Of loans has been made by the
Metropolitan, s45O,ooo; the American Exchange,
ss5o, 600; and the Union, $4,000 The Commerce
has increased s2oo and the Mechanics 100000.