New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-12-09
SITuppkY Dec. 7--P, ~.

The Stock market took strongly upward impulse
this morning, Influenced partly by the foreign news,
some items of which were construed rs favorable to
an entirely pacific solution Of the Trent question.
The whole tenor Of the news is favorable TO friend
" solution Of the question The EdinbuTgh Scots
nan states that the subject had engaged the attention
Of the law officers of the British Crown, in connec
ton with the sailing of the James Adger, and that
Il ey had decided that, according 10 British prece-
dent, the Adger would be authorized to seize the
English steamer if the Captain knew the char
acer Of his passengers. Perhaps stock oper-
ators are too easily persuaded, and too much
inclined to jump at conclusions ON slender prem
ises but, at all events, the Interpretation Of the
news was favorable and the market respond
ell promptly to the new impression. Business
al the First Board was not large, and the second
call prices We're fraction lower than the highest
points of the session; but the tone of the market
very steady, and even in tue skirmishing move
ments Of the day there was more confidence dis-
played on the part of the buyers than by the
operators for a decline, who have for come
days past held controlling influence in
the market. Some of the shorts were purchasers to
Il moderate extent, and there little done in the
hammering" line. With the better feeling how
ever and the fair advance in prices during the day,
the market quite inactive and it is very evident
that people are waiting orthe responses from Europe
before taking fresh ventures in the stock market,
and in financial circles is not improbable that
desire 10 examine the financial budget Of Secretary
Chase has AN influence 30 restrain speculation move
monts. Apart from these prominent topics OF public
interest there is nothing in the state of affairs at
home, which does not encourage hopeful view of
the Stock market. The abundant supply Of money,
and tie revival Of business In various branches
together with the large traffic railway lines
combine 20 inspire confidence and hope. While
the Southern contest seems 10 be rapidly
and strongly setting against the rebellion. At the
Second Board prices were stll higher, and the
ket was strong throughout. The bidding was quito
spirited during tie sesfion and at the close The ten
iency was to Improvement, without decided
activity, and without speculative movements Of any
magnitude, either for the rise fall. The market
or Government securities was no, very active, but
quotations were well sustained. A, the S.cono
1oard 10000 6s Of 1862 cold at 99, an advance Of
= cent within shot time. Tie Reldsie- - ~, \
So stands AT the same bid rs beic- y -. !
he transfers on the ls, Of De- 'ue ~
- .rrlber. At the elote
murxs, YVES firm ut: United States So, "a,
g 1884 United States Go, 81, registered, 81 d9O;
United States 6e, 81, coupon, g2i a 49, Tennessee
tate Go. 43ali; Virginia State lie, isai9i Mir
ouri State "a, 40i diOi Delaware and Hudson
,anal Company, 81 as2; Pennsylvania Coal Com
any. 7sa79; Cumberland Coal Company, Al Pa
life Mail Steamship Company, sCtesos; New'fork
CENTRAL Railroad 7si 7si Eric Railroad 81 5i! /
Erie Railroad, Preferred, 81 as; Huds River
Railroad g q37i; Harlem Railroad, III q III har-
EN- Railroad, Preferred, 29laali Reading Rail
Dad, 4a3Ii; Michigan Certral Railroad, ,""'''ti 1
icbigsn Southern and Northern Indiana Railroad,
7'Glsi Michigan Southern aud Northern Indiana
.;,rosd Guaranteed, 3ta3Si Panama Railroad
,ompany, III q 49, Illinois Central Railroad scrip,
oIRGIi Ga!ena and Chicago Railroad, Oia7I;
,leveland and Toledo Railroad, 52i a52si Chicag
nd Rock Island Railroad, 53a53s CHI, ego, Bur
jnp,op and Quincy Railroad, 3'ia5si; Illinois
{ entral Railroad s HIaS8l.
Tie following table will show the prices on satur-