New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-10-18
sFrONn RnARp.
THuRsnAY. Oct. III. Y.

THURSDAY, Oct. H-P. N.
The Stock market took a strong downward turn
to-day, and stock came ont very freely. There has
aaldom been more baseless reaction witnessed IN
the Street than this one the circular Of Mr. Seward
although ill-timed and unnecessary contains nothing
which could alarm any one, excepting the most
umid and indeed commences with tie assurance thai
he prospects Of any disturbance Of smicsble rela-
lions with foreign States is now less than at any
time since the commencement Of the rebellion. Yet
-ome Of the spectators in Wall street were deter
mined 70 see under the thin vail Of the we-turned
sentences of the Secretary that be anticipated war
With either France or England, and desired our coast
10 be prepared for it. The bears made the fullest
use Of this document, and alec Of the remarks made
by Mr.. Lindsay, member of Parliament, In address
ing his constituents. This Mr.. Ludsay was little
soured as bis sei-appouted mssion TO this country
last year did not meet with much success. The
market opened at a decline VI al y cent on nearly
every stoek, bat closed st a recovery in every in-
stance. Some Of the large buyee of the
past few dsys unlosded their stocks, and
after the process completed the quotations. recov-
cred The opening quotations in Governments which
are almost entirely Of the speculative Arena, had
q very unfavorable effect upon the more speculative
shares. There was nothing in the financial or polii-
eel world thus to unfavorsbly influence the market
for these securities excepting The unfortunate euer
Of Mr.. Seward. On the contrary, We bad adviees
Of a moderate-sized victory al Harper Ferry, aud
the banks meeting 10 consult upon the pro-
priety Of anticipating the December in'tallment Of
the National loan. Between the bo'rds tue market
was dull, and at the Second Board, under strong
disposition TO sell, prices were again lower, although
without any appearances Of panic. After the board,
however, there was sharp rally In the more active
fancies, and the market generally recovered 10
p cent. There were very few stocks in the market,
while the decline Of the day had brought in a COZ
siderable amount Of orders. At the close the market
was very strong at the following quotations:
United States &c, 1881, Coupons, &ia94i United
States g. 1891 Registered 92a92i United States 81,
1874, SO aS5; United States Treasury Notes, 99i0
99i; Missouri State C. a.; Pacific Mail Steamship
Company, 9l2a92t; New-York Central Railroad,
77tS772; Erie Railroad, 81 S3lI; Hudson River
Railroad 81; Harlem Railroad, IL! 1l2ii Harlem
Railroad Preferred, 3Oi a3li Reading Railroad &c.
Michigan Central Railroad, 49ia49i; Michigan
Southern and Northern Indiana Railroad, l8elsii
Michigan Southern and Northern Indiana, Guaran-
teed 81; Panama Railroad Company, ll5sll7i
Illinois Central Railroad, 66a66ii GsIens and
Chicago Railroad, 7Gs70Ii Cleveland and Toledo
Railroad, 36x36li Chicago and Rock Island Rail
road 49i S5OIi Chicago, Darlington and Quincy
Railroad, 623 ats.
The Foreign Bill market hiss not yet opened for
the Saturday boat, bat the nominal quotations are
the same as those for Wednesday. Bankers Sterling
1919 a lO7l, merchants bills lo6el07I v cent.
Fregbts are dull snd somewhat nominal. To
Liverpool the engagements are; $4,000 bush. Grain
at IOI aIld. for Corn 10 bulk and bags, and II 1 q
I2Id. for Wheat in bulk and bags. To London:
1900 bush. Wheat at 1871. To Hayre: 20, 900 bush.
Wheat at DC; 5000 bbls Flour at 95c. The char
tiers comprise vessel with Petroleum Oil TO Liver
pool at Sc.
The business Of the Sub!Treasury was: Receipts,
e. 0l8,l l9 27-for Customs, -. OOO for Treasury
Notes, $629 608i Payments 1857 Gj5 29i Balance,
g., 3O7 ,27 AZ.
This balance Of $s,3O7 ,247 AZ is not all gold, but
includes e., 1872 600 redeemed y cent Treasury
Notes, large portion of which have been received
for subscriptions 10 the Three-Jear Government
Bonds National Loan. This leaves but ~ ,l2j,2H in
gold, against which there are very large drafts.
Tie subscriptions TO the Three.yeaT Federal loan
reached about $41SOOO at the Sub-Tressury, which,
in view Of the damaging circular Of Mr.. Seward, is
40 large as could be expected The Sub-Treasury
hes also received about 100000 from Government
agents.
Mr. Cisco reimbursed the Banks 81 ,4H 900 for
Treasury notes sold, making about 80 v cent REIN
buTsed, and in view Of the low point whick the Sub
Treasury has touched, he has mace call on the
Banks on their subscriptions Ct y cent or
T., LOG, OOO making 80 V cent called in of the first
City millions. The Banks hold to-day about
si5,OOO,00O oftpece, ana could pay the remaining
20 cent, If desirable, without Inconvenience.
A private sale is reported Of 100000 Milwaukee
and Prairie du Chen First Mortgage Bonds at 49,
The earnings Of the Efie Railroad were, for the
Month Of September 1861 ..............s 5i9579 II
Month Of september 1850 ............... 3Sa,J4l %
Decrease. s..ss,s....,s,.............41b ,lp2 ~
This decrease is partly due 10 freshet which To-
terrupted business, and partly to the quarrel with
the New York Central Road which ia now arranged.
The receipts Of the Toledo aud Wabash Railroad
for the first week ip October were;