New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-10-15

TUESDAY. Oct. LIP. ".

The foreign news was Interpreted as unfavorable
to-day in the street. and without any appearance Of
panic there was a downward tendency of prices in
nearly every description Of lances The decline ranged
from 1 to Ii a. cent. The shorts, although they
bought cash stock TO extent, free sellers on
time, and appear to look for further considerable
fall The advance in the rate of interest by the Bank
of England could not have been unexpected ny any
one who has watched the signs of the times, yet it
seems to have had the same effect as If 1t had
come without premonition. The influence OF the
fereign news is at present decidedly upon the bear
side; and in such a state of the market small
matter is easily magnfed into an important one.
The favorable features of the news for this country,
the advance in Brcadstufs and the frnncss OF
Cotton which more than counterbalance the al
vance in interest are entirely overlooked by the
bear interest who only see the dark side of things
Added 10 the tone Of the foreign sdyces is the appre
hension of stringent money market during the coming
thirty or sixty days. These together have given the
hears confidence to sell which has over-suppicd the
market with stocks, and given j, a downward ten
depcy which the bulls have been unable to re-
sst At the Second Board the transactions were
unusually large, and lower prices were submit
ted to- The market closed heavy Erie sold
as low as SCI a. 9I. The receipts keep up well
notw outstanding the strikebeng, up to this morning
but about SEQ 900 behind last month. Reading fell OIL
to 79I at which it cosed-a fall of = cent. Central
was offered at S2l at the close-a decline OF 3 cent
Among the firnes stocks was Cumberland, which sold
at lS seller sixty. Nicaragua is %. In Western
Shares there is a general decline excepting IN La
Crosse the demand for which continues active at adj
vanced prices Small sales of the stock were made at
$751; and at the close 81 bid regular, and 49, buyer
sixty. There was very little stock on the market.
The bonds Of this Road have also improved materially
in q few days, with considerable sales. Michigan
Southern closed at SCI Rock Island sold at So Toledo,
IA; Michigan Central, 9i; Gaens, 100 ILLINOIS Cen
trail, lis, &C., showing general decline. sale OF
100 Illinois Central Rights made al u.s. ln Rail-
road Bonds the transactions were 'D,VoO-of when
100000 were Illinois Central which fell of to So!
Eiies, 1871, sold at ST. Sd Mortgage 93l; Wabash
Valley ID Mortgage, ST. &c. State Stocks ale not
active, but steady.
The market for Exchange was rather stronger to-
day but without large business. The arrival OF the
Persa's mail had tendency to check the movement
in bills until the dgestcd Bills which could
be bought yesterday at % held to-day at g q
cent. The transactions, however, have not been at
higher rates generally than for the last seamer The
supply Of bills is fair.
To Liverpool, Frcights are firm; 40 200 bush. Grain
were taken at % l0d. $50 bbls. Flour at Is; 80
hhds Shoulders at 35s 9ooe gallons Oh at 3Os.; 900
bales Cotton at 5-Sad To London, 5000 bush. Grain
at Id; 2OC0 bbs Flour at S.; heavy Goods at Goa
To Glasgow, Grain at l0ld.i Flour at is.
The business Of the Sub-Treasury Total Re
cspts, Al9,O69 81; Payments, $lO7 SOL 90 Balance,
>r3, 81, 426 s.
The Commonwealth Fire Insurance Company has
declared se,n-annusl Dividend OF sh T. cent, pay
able on the Ist of November.
A new Company called the New World Fire Insur-
sn,e Company has just been organized in this city
with cash capital Of 500 600, all paid in Its Officers
and Directors art am ng the most respectable of our
citizens The Presidems is Thomas a. Enmeti Vice |
President, Gabriel Mead: Secretary, :. a. Patterson
Directors: Thomas A. E.omet, John NJ. FurInan, |
Benjamin c. Townsend, Dsyid Mibken, Peter \. !
Heg"msn, Robert Le Roy, Gecsge NJ Groves iona
IesD Thompson, Etshs l., Morgan, EseHei Mead