New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-12-19

FRIDAY. Dec. lS-P.


FRIDAY, Dec. 1872. N.
Stocks were quite active at the first Board, at ad
vanced prices generally New York Central opened a.
H. with email saIes but was lower at the second call,
and before adjournment touched 76i-several of its
recent supporters Offering stock freely and showing
come disposition TO realize. Erie advanced from H.
to 49, and was in good request. Reading sold up to
5il, and had a strong market. Michigan Southern
advanced TO go but fell Off rapidly to %, closing dull
al the quotation Toledo cold at 49, but had litsle or
no animation Gaens and Rock Islakd were strong
ard higher the former at 76 and the latter at ~.
La Crosse advanced 10 1Ol. At the Second Board,
there was q moderate decline throughout the list, after
the announcement Ct the foreign news, which was
rather untavorably construed, though upon very
senGer premises taking the mesgreness OF the tee-
graphic items into consideration. Reading declined to
j4-Toledo to i3-New York Central to 16l. Enc
was an exception to the general market, advan-
cng On morning prices, and closing at lSi.
After the Second Board the decline Continued, but at
the close, in the street, there better feeling and
the market recovered portion of the decline Read
ing closed st $50 $751; Central 764 762 having been
152; Toledo 43 Michigan Southern 2lld2lt. Erie
was active about 600 shares having been purchased,
which are not on the printed list and the market re-
vved from Il to 49, 49,, &c. Bond sales were to
about the usual extent and at better prices for several
of the most active State securities. Virginia 6s adj
varced = cent, North Cardinals |, Missoursl. Hi
nois Central Bonds declined l. and Michigan Centrals,
nev loan. J.. Reading new loaD) Bonds sold at &C.
The rspd advance for seversl days past very naturally
brr 90 in sellers at the higher figures, and the tempta
ton 10 realize profits is strong to those who were
shrewd enough to buy at the low prices of Saturday
last We therefore meet with eight reaction, not at
all surprising and not unexpected BY people who watch
the or snges of the market closely Add to this nat
ursl falling back of market Influenced by every ma
te1al item of intelligence the hsmmeriDg Of operators
for the decline who take advantage OF every chance
10 contribute to the extent and duration Of adverse
change. and we have the clue to the decline OF the
market this afternoon. The foreign news 10 vaously
construed but cannot be fairly Analysed until the re-
ceipt of the mails or complete teegraphlc dis-
pstches The most important financial item appears
TO be tie prevalence of severe psnc in Hamburg,
but it's exact character bearing cannot be deter
mined from the few words received in our first dis
patches The rise in Consols indicates easier Money
market for good securities and viii probably be found
that there as here great dsrus prevails OF all mercan-
tile credits producing failures and great dizziness
in trade but th at at the time the Bank OF En-
gland increasing its stock Of bullion and that for
everything but paper money is more abundant. We
have hitherto regarded il as nearly as certain as any
thing in the future can be- that the of matters
IN Europe would lead to general clearing up ana
liquidation Of debts apathy in business and rapid &C.
| emulation of money at commercial centers. This
unhealthy state Of things will be The result of wide
alarm and severe losses n ere transactions and
not TO be welcomed favorable to the general pros
perity of the business world though operating strongly
to the advantage Of stock prices, and tending to en-
courage investment a. well as speculation in such
securities.
There is no movement yet in Exchange but the sup
ply of bills is increasing, especially Francs The quo
tatons are nominsly as before given.
Freights are very quiet; rates essentially unal
tered. To Liverpool $500 bbls. Flour at o. 5000
bush Grain at 3D. in bsgs Cotton st bed; 500 ties.
Beef at A. 04s Sd $50 bbls Pork at a. Cd &c casks
Yellow Metal ct lis. Cd. Il bales Wool at ID;
Hemp at 5.32d To London 1000 Slaves at 2s.; 200
tuns Oil Cake at 2Os To Narseies 400 bbls. Flour
and 200 do Rosin, private terms. brig OF 2SO
turs from Barrel Sake 70 New.York, with Molasses,
| at SO 50 y hid. bark Of $50 tuns, and brig to
Porto Rico and back with Sugar at 49,, and Moas
ses at s. 80. A schooner of 900 bbs., with Flour
fIom Fredericksburg to New. York at 3ic p Dbl.
The business of the Sub Treasury was: Receipts,
tlOl 2s2 81; from Custom House so, OOOi Payments,
SOS 747 81; Balance, q, 033 si2 %.
The Washington Insurance Company has declared
semi annual dividend of ten B. cent both payable on
the ID of January next.
A dividend of $40 667S is due on each one Of the
300 bonds Of the st. Clair Railroad and Coal Company.
This dividend covers the entire net proceeds Of the
sae of certain property Of the Company, under The
foreclosure Of a mortgage executed by the Company,
to trustees to secure said bonds 1t will be paid on
presentation of the bonds at the Office of Blatchford
Seward & Grswold, Bank of Commerce building No.
81 Nassau street.
Money is plentiful on paper which bears Olersbly
severe examination and sells more readily at quota.
tons than week or two since. First class names can
be negotiated at the discount houses at from TO =
cent, and prime single names at from II to 10. Sigma
lures Of less acceptable character sell up to az
cent per month but these quotations are fer any
thing which can be called readily negotiable. The
banks take freely of all offerings which bear the in
press of strength and stability and cannot employ
anything like the full amount of their resources taken
as whole, in paper considered desirable. Some Of
the old line institutions find less difficulty in using
their surplus means, but the demand for money Is
quite slack even at TIE banks where the largest bust
is generally transacted. It is quite probable that
our specie exports will continue large for some time
partly from the dstrust of ordinary bills of exchange
snd partly from tie wsnts Of the Banks Of England