New-York daily tribune., 1856-09-05

Durirp the speculative movement alluded to last
year. the Banks contracted tier loans about five
niOIs of dollars, without materially affecting the
money market Abt ut the Goth Of October reaction
commenced in Stocks, which. with Intervals Of relax
ati,n Of severity lasted until the second week in
November. During tbis movement, which
days absolute panic, Erie fell of from SO to
A. Reading from "a. to 7sl, Toledo from 80
to 6l, Michigan Southern from 99l TO si,
Cumberland from 27i to 81, Canton from
26 to 10 Harlem from PSI to ls; Cleveland and
Pittsburgh from Ga to 55; Nicaragua from l9i to l3i
Chcsgo and Rock Lland hOm "a to s4l; Michigan
Central from 99I to s7i &c. The banks in the
time had further contracted about three Millions
king eight millions in all, and produced very strin
gent n arket call. After the second week OF No
vember there was some relief in money matters and
stocks took q permanent upward turn again, rising
quite as fast as they had dc lined. Between the 7th
Of November and the Eth, Erie improved from IL to
54 X, aiding from ~ to 90, Toledo from 81 to IS,
Pittsburgh from 55 to 67 Sc. say 10 to L y cent in
ten days.
The priI cipal improvement to-day in Panama,
which recovered to 92I. Erie closed at 5el Re +ding
e4i; Michigan Southern, e9l; Ro TX Island 9i New
York Central SC, &c. A leading operator sold 1000
sba,es puts of Erie at SO for thirty days at y Ct
The saes of Erie include $50 shares at SO, seller
moi tbs In Rsiiroad Bonds the transactions were
moe rate excepting in Illinois Central, of which some
eco sold, including s53 900 at 9l, seller months.
State Stocks were more firm, aod in good demsnd.
Sales 40 900 Nissouris at SO. Vrginss sold at 92l
The exchange market is quiet at previous prices
The demand for the Saturday steamer promises 10 be
small
Fre'ghts firm, but not very active.
The business Of the Sab Treasury was: Receipts
A1c- o-G psxmarts Am AZ. Ra,anee
tl3,45sl35 l3
The transactions at the Clearing. House
e22, 800 900.
The Giocers Fire Insurance Company have just de-
cla,ed half yearly dividend Of y cent, payable
demand.
The jefferson Insurance Company have declared q
dividend of 4l-2 y cant, payable on demand.
meeti1 Of the Board Of Directors of the Toledo,
Wabash and Western Railroad (ste the Toledo and
llinoif and Lake Erie, Wabash and st. Louis Rail
rosds was held at the office Of the Company in this
city yesterday, for the purpose Of organ zston. A.
Boody of New-Yo,k elected Presidelt; Edward
VIII ehOuse, Treasurer: j. L. Osborn of Toledo,
Assistant Treasurer; ard JOHN n Drumnond Of La
Fayette, Secretary. Joseph b. Varnum, the Hon.
Russell Sage. Adolf Rode valid and Edword White.
house, were appo nted the Executive Committee.
The President reported ths; twenty two miles addi-
Il opa of the road being the section between Lazy
cite and Atiica, will be opened next week, and the
remainder OF the line, eighteen mles, by the lst of
November next. Also tha. the business on the part
Of the line now in use fro Toledo to Lafayette, 2o3
miles, is go rapidly increasing that additional rolling
stock Will be required TO ac ,om noda,e it.
The ds mand for Flour large today. the trans
actions reaching 5000 bbls. The arrivals ars mod
crate, AID the ma,kt is l0c. y Dbl. better; State
brands are Sc acc 25. The market for Southern !.
very active and better. Wheat very strongly held
and in Guence the transactions are hter for e.
port Prices show further advance of lc TO O. y
bushel. The ssles are A., ,OCO bushels. including Red
Illinois At 81 doGsl 50; Inferior Milwaukee Club
81 IA; White SOO.hern, 81 81 81 81; Red, 81 ioa
81 So &c Com continues to improve, aud is not
very plenty. PoH ia easier, and dull. Lard
is active ard firm; seles l,l5O bbs at lol al3lc
Beef is firm, ard in request. Coffee is active, a. an
advance of !sIc within fe~ days sales 900 bags
Rio at lOI ollie and 5000 bags Ceylon on pivs'e
terms. Molasses remains quiet. Sugars continue dull
and irregular. Cotton is firm and scave; Gales 5000
haks, AID higher prices ssked u the close.