New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-12-11
SECOND BOARD,
TrrsnAr- Dec. In-P. NJ.

4 TUESDAY, Dec 10--P. NJ.
\ The excitement in the Stock market abaed this
morning and. with q reduced volume Of business,
quotations were generally established at lower hg'
ures The bears hammered the market on the theory
that the coming advices from England will be un-
favorable ana indicate eXdsperated state OF public
feeling there in regard 10 the seizure of Messrs.
Mason and Slidell. They sell also On the assumption
Of the falsehood Of the report that the law officers OF
the Crown have given an opinion that the Anger
would be justified in seizng the West India steamer
if Mason and Slidell were found board OF her. We
shall probably have during the week authentic intel
lgence upon this subject. Steamers sailing from
Liverpool on the 9th and 18th MI. are nearly due,
but il is doubtful if the La Plata reached England in
time 10 have the result Of her news come out by
either of these boats. She was due in Eng land
about the 2Sth ut The New.Iork, how
ever, which LEFT here on the 10th, took
out the news, and may have preceded the La
Plata Considerable stock came out to-day for
realization but at the close there was rather irmer
feeling. At the Second Board the market quiet
and irregular, but generally !aI per cent lower
than st the Morning Board, and in the closing bust
ness of the regular session the movement showed
weakness. Government securities in fair
demand at steady rates. State stocks have been
heavy during the day. Al % O'clock the quotations
were as follows: United States 6s 81, S9t 80;
United statos 6s, 81, coupon, 93l 93i; United
States 30, "a 81 49, Tennessee State Is, - a 49,
Virginia State IS, asa 49, Missouri State 6s,
sO3aA; Pacific Mail Steamship Company,
STA 81; New-York Central Railroad, 1Ss d7Sti
Erie Railroad. 32d32l; Huds River Railroad,
3Ia3S; Harlem Railroad, l2al2l; Harlem
Railroad Preferred, JOd3O Reading Railroad,
80 a 81 Michigan Central Railroad ~; i9i;
Michigan Southern and Northern Indiana Railroad,
IsalSl; Micigau Southern and Northern Indiana
Railroad Guaranteed, -! ASST Panama Railroad
Company, Iliou4I; Illinois Central Railroad,
6lIQ6ii; Glena and Chicago Railroad, 1Os al;
Cleveland and Toledo Railroad, 80, 0a3t Chicago
and Rock Island Railroad, 3. j3, Chicago, Bur
lington and Quincy Railroad, so a 59l.
The market for foreign bills closes firmly at lOsi q
100 for Bankers Sterling, and l07 1851 for ner-
chants signatures The buspess done for this
steamer mas been to a fair extent.
Ere ghis still tend downward, snd the offerings
limited 10 Liverpool, the engagements are 5000
bush. Wheat at I'D. Sd. in bulk and bags 10000
DO Corn at I'd. ID. in bulk and bags; 5000 bbs.
Flour at Is. 10! 3D. s manly at the latter rate and
| 900 do AT %. 3D. in neutral vessel. To London,
! Is 900 bush. Wheat at SD d9id in bulk and bags,
the latter rate III foreign ship. To Bristol. 700
bbls Flour at 2s. I'd. To Havre 4S eco bush. Wheat
at Il u 1885,, mostly at the latter rate 800 bbs.
Flour at 6ja70c. the inside tate 10 I'LL up. The
charters are the ship Rutbven 900 tuns capacity, 10
Havre with Wheat and Flour al lSc for the former
aud zoe. for the latter; British brig TO Cork and
| ,h IL lnoi hos Mt "a
ID; British brig of l49 tuns capacity to the North
Side of Cuba and back at 35c. for Sugar, and 81 20
for Molasses on deck; British brig of JIG tuns to
Nassau and back at 1850; another Of 200 tuns to
the North Side OF Cuba and back at iOc. Tor Sugar
aud 50 for Molasses deck and one Of 20 tuns TO
Porto Rico and back at $4,000; an American brig OF
40 tuns TO Barbados with an assorted cargo and
one of 26 tuns to the North Side of Cuba and back
with Sugar and Molnsses-both on private terms.
The business Of the Sub Treasury was Receipts,
s49lI 1884 46-for Customs, $4,000; on account
of loan, ,497 III Payments, $sO5,749 81, D-
GLIDING redeemed v cent Notes; Balance, $685.
SIC Al.
| The leading article in the circular Of Messrs.
Sam1 IIaett & Co. prepared for the steamer is upon
Mr.. Chase's report. From it we take the annexed
extracts:
/ Mr. SECRETARY CHAsEs RKPoRT-The subject Of chief
ineres in the peculiar state Of Affairs In this country ana
The commencement Of the sng Of Congress the financial
condition OF Government The report Of MI Chase secre
tay the Treasury consequently has been looked toward 70
with an eegerness even greater Ihah nay wnao G 4,
e,sage OF the President This report now before u.s. out
Of such length that we cen only present ons ae'Lsc
The report contains little that 4 new eIcspt MI Chases
financial fchees the future We all knew that We were
money round rate, and We were quie prepared
for estimates submitted which for the eafren.
fiscal year. ending June 80 1862, are as follows.
The ,y I be- tsteD in W to the policy to be-
adopted future Mr. Chase Is evidently disposed to
co,e hi. with the banks and presents two alter
rstiyes the GoveTBmentthst thould create currency
issue Of Treasury notes OF by hlng 'he ooho' o. @
banking applicable any part Of the country For this pn
the ILL., Of banks ia circulation are to be retired by
tax upon other legal restrictions La reference 10
this subject, copy the following om MI Chase rep0r'
NJ. Cba,es Arguments are nothing than recommends
lions Congress- A tho wants OF Government are nly
suprled time to BY loans already negoated
there will be ample season for d.beaSnon can se no
rood reason why Mr. Chase .houd terminate hs rei.uoh
viii IN, banks which according to his hdnsion have
worked admirably, aud supplied the Government with al me
money needed and without creating any disturbance IN pu
strikes that II would have been better 10
held arrangement tnet WORKED ven isshei a
to resort 10 new Pedients .ie ona TIere
has lack Of money wlofewihto csry on .ne Na
There need be with discreet mahagemeh' oi Jul
Affairs. .a.e,
The country before nsh or strong The rnec'
OF the expenditure going on are ereahns a. q
fast euoush We DO believe Congress vi" 'ahetich sy
popo,iion 10 have Government supply currency ioT me
country either by issue oi Treasury notes or py
Goveamsni 'eeue. 4,tls IoI o-La ing
Of Mr. Chase by increasing largely the local snn uec
England raises BY ares and ipos ,eopr,
Tor hs war ca undoubtedly De readily had losns 'u' these
should be only awaited Of as lasi resort
The November earnings of the La Crosse and Mil
waukee RaiLgsd Co. were }ilS,9S5.