The daily exchange. [volume] (Baltimore, Md.) 1858-1861, 1860-10-25

STOCK market:
From the NeW York Tribune.
Stocks came out upon the market this morning
with rush seldom witnessed at the Board, except
IN times of panic. The severe decline of yester-
day, and the continued sounding of the disunion
gong, have at length frightened timid people, and
men OF small means who are unable to pay up fur
ther margins stocks under contract The re-
suit is thorough shaking out Of stocks under con-
tract, or hypOthecaton with small deposits. The
sales to day have been mainly by this class of ope-
rat0rs, through the commission houses, and of
course, as always happens in such cases, the sales
are forced at the most unfavOrable time. The
years. watching every chance, have not been slow
10 avail this weak spot in the market not only to
expedite decline, but to take in great many lots
OF snort Stock at the low prices established by the
aiarm OF real sellers, and their own unmitigated
hammering @
No instance in the past history of the Stock Ex
cnange presents stronger illustration of the influ-
ence OF humbug upon the minds of Stock speculs-
tors. Not one in fifty believes in the trash about
secession, and still it has its effect in causing hest
tation and doubt and the field is thus practically
abandoned to the Vaccinations of the bears, who
would have the Union dissolved on paper every
month If they could create decline of one per cent.
in the stock market. There are large sums of
money now seeking investment, held back only to
see the full effect of the absurd alarm which pre-
valls, and the next phase of the market following
the apparently lowest figures which can be estab-
llshed, will probably develop itself in a large alb
sorpuon OF cash stock. There is too much shrewd-
ness and intelligence among business men to admit
OF continuance of fright, which has its ORIGIN
only IN the stale fictions of political demagogues
Within the last ten days upward of three thou
sand shares of Erie have been purchased on Emo
llsh account, and by every steamer a fair amount Of
orders was received but presume the impend-
ing dissolution of the Union has not been thorough
ly circulated in that quarter. Railway earnings so
Tar as reported for the month OF October are very
satisfactory and fully confirm the anticipations of
their managers. We adhere to the belief that well
located railways are destined to take much high
er rank in the market investments and it is but
fair to wait for the proof before pronouncng stocks
inflated or worthless, because a reckless political
agitation trightens people into precipitate sa.
crifice.
From the World
folttlcai distractions do not touch the question
and abstruse speculations out of place. The
commercial position of the South at present is ran
idly tending towards change. The purchases
from the North this fall were unusually SMALL and
the money value of the cotton, sugar, and tobacco
crops promises, in any emergency of affairs to re-
alize quite as much, if not more than that of last
year.
From the Herald
No cause is assigned for the decline of the day
unless 1t be the uneasiness growing out of the pend
ing political contest. 1t is hard to see how any
insurrectionary movements at the South such az
are foreshadOwed in some disunionist organs could
affect the value of Northern railway shares with
out Affecting bank stocks and real estate; but there
Is no rule IN such matters and at present the tenn
per of the public mind favors the bears Southern
State stocks shared the general movement to-day.
From the Philadelphia InquirerI
There has been very panicky feeling in the stock
market to-day; all classes of securities were heavy
and speculative stocks, without exception, were
offered at decline. The operators for lower prices
are doing all in their power to magnify the dangers
to be apprehended from the political excitement
and have thus far succeeded in causing calling in
OF loans on stock coateraIs and, as consequence
forced sales of securities. This turn of affairs oc
curing at time when everything outside of poll
tics presents the most encouraging and favorable
aspect, has magnihed the cause far greater than
could have been done under any other circumstances,
created corresponding amount of distrust, and
thus far had the effect noted above.
10 increase the panic-fur troubles never come
alone-those who have been induced to buy fancy
stocks on the flaming accounts of "increased re
ceipts," magnificent crops" &C., seem to have
Just awoke to the fact of the enormous initiation of
prices, and the insecure foundation on which they
rested, and are hurTyng, together with those who
are forced TO sell, to realize on a heavy market
where buyers but few and disposed to await
lower prices. Believing, we do that this fear of
danger to our national existence is more of bug
bear than reality, and that as the voice of
this people Is uttered in a constitutional wav as to
who shall be their President, all the talk of danger
will pass away as summers cloud.
From the Philadelphia LedgeT1
Inc most prominent topic of conversation
Third street and among the money changers, is the
probable future of the money market from political
causes. 1t is the subject uppermost, and while few
are willing to admit that there will be any serious
difficulty, almost all express fears of an unfavora-
BILE influence on stock prices, from the general dis
cussion of the threats and movements OF politicians
at the South.
From the PhiladeI Iphia Pressl
The stock market was dull and heavy yesterday,
and prices generally, both of loans and shares,
were lower. The heavy decline of the last few
days in the New York market, and the prevalent
diatrust which has induced it, in the face Of an
abundant supply of money, have influenced all
Of md with tba halia Of hat
cannot advance for some time at least, and the pos
slblty OF crash, there is disposition to sell
than has been observable for weeks.
THE KILLINGLY MURDER-hoRRIBLE
BRUTALITY.
The Norwich Conn. Bulletin contains full par
ticulars Of the horrible murder on Thursday week
last of Martin Cuff, at Killingly, by his own bro.
ther-in-law, James Cuff. The parties are both rich
and there does not appear to have been any enmity
between them. On the inquest the prisoner made
full confession OF his crlme in substance as fol-
lows:
On the evening in question Thursday, Martin
went to bed at about eight o'clock, and James wife
retired at the same time. A few minutes later he
also went to bed Shortly after Martin got up
lighted his pipe and after smoking for a short time
ir bed handed the pipe TO him and he finished it.
No conversation took place between them. and
they soon went to sleep. After some time he awoke
and thought he would kill Martin. Accordingly he
arose, went to the cupboard in the kitchen, took
out his razor, and crept silently back to bed.
Reaching the sleeping child, he placed his hand
carefully upon Martins breast and ascertaned that
he was in a sound Slumber. He was lying partially
on his right side, at the back of the bed with his
face to the wall. There was space of few in
ches between the bed and the wall, and the muir
derer gently moved the head of his victim till it
rested on the edge.
Then grasping the deadly razor, he drew it with
all his might across the unconscious mans throat
Dropping his weapon, he seized the victim with
both hands and held him with his whole strength,
pressing the head back, as the appearance of the
corpse indicated, so that the blood might flow
freely. There was no cry nor groaH. hot spurt
of the life stream, plashing upon the foor few
convulsive struggles, and the tragedy was over
The murderer then rolled the body back upon the
bed. put the razor carefully into its case, and then
coolly wiped the bloody stains from his hands with
a sponge. After quietly overturnng the table and
chairs, he aroused the child and led him TO his
mothers room. When he went to call the neigh
bors he threw the razor into Mr.. King gsbury's well
where it was subsequently, found, covered with
blood.
During the recital of the shocking details, the
prisoner manifested the indifference aud uncou-
Germ of brute When asked if he did not regret
the deed, he replied "that he felt kinder sorry af-
ter he'd done it," In reply to question he stated
that he had made the confession voluntarily, "be
canse he couldn't 20 about the streets with lie
his breast" He refused to assign any motive for
the crime.
In accordance with these facts, the jury returned
a verdict that the deceased came to his death from
injuries received at the nandS OF James Gun, VINO
was accordingly taken into custody by Sheriff
David Greenst.
On Saturday the prisoner brought before
Justice Thomas j. Evans for examination. He
refused counsel listened to the reading of the COM
plant with the most stolid Indifference, and when
called upon for his plea, answered, "Guilty to all
that, SIR" He was fully committed for trial at the
next term of the Superior Court, which commences
at Brooklyn, on the first Tuesday in November.
The prisoner is about five feet four five inches
in height, is not muscular and crouches he sits
or moves about. His physiognomy exhibits a sui
len and brutal character and his blue, restless eyes
glitter with animal passion and cunning. During
the progress of the examination he cast occasional
unconcerned glances at the spectators but for the
most part kept his eyes fixed upon the table where
the papers for his committal were being made out
About two hours before the trial, he began to ap-
pear somewhat depressed, but previously he had
been in good spirits, eating heartily talking gaily,
and uttering jokes when occasion offered.
DESPERATE ATTEMPT TO ESCAPE FROM THE ILLINOIS
STATE PENITENTIARY.-On Friday gang of six des-
perate Penitentiary convcts in the quarry adioin-
ing the prison at Joliet took advantage of the pass
ing out at the gate of visitors, seized the
guard Knocked him down with hammer, wrested
the musket from him, and scampered off. The
guard Immediately regained his feet, overlook the
convicts and, after severe struggle recovered his
musket. He had a six shooter in his pocket draw
ing which, he shot two of the cOnvicts in the legs,
disabling them; two others returned immediately
on their own accord and the two others escaped to
the woods, but were recaptured last evening. There
were thirty convicts at work in the quarry at the
time, under two guards Fortunately the other
guard succeeded in preventing the other convicts
from witnessing the proceedings in the other part
of the quarry and thus prevented them from join
ing in the rebellious movement, which, in that case,
might have resulted more seriously to all con-
cerned.-Chtcago Journal, Saturday.