New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-12-06
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TIE business Of the Stock Exchange this morning
was light, and the movement without gim. Both
factions appear to be waiting for further develop
msnts Of the financial policy of the Government and
Cor the reyerberaon from the other aide Of the af
fair with the Trent. There is no alarm in tie
market upon the latter subject but the bulls are dis
posed to zee the effect Of the frat blast Of the British
Press before acting with any energy. In regard to
The financial policy Of the Government If the
we have from Washington are correct, the Secretary
Of the Treasury will, in his report recommend &C
ton which must bring abost serious disturbance
IN the currency Of the country temporarily, but
result IN great expansion and an imitation OF
values such has not been seen for long time. II
te Secretary proposes TO furnish currency for the
sountry and force in the currency of the local banks
he can scarcely expect to resort to those institutions
Tor further loans but must rely for funds TO carry
the war upon his currency and upon sales Of Gov
eminent securities to the public. In this case the
issue Of Government currency must be very large
one, and money will become very plenty among the
people We presume the notes are to be made a
legal tender, or they wonld hardly remain in the
bands Of the public long enough to be of much profit
10 the Government. Many of our bank officers are
opposed to the sebeme of the Secretary, and
predict, il adopted, an immediate suspension Of
the banks. This course however, would probably
only lead to further expansion Of bank credits,
making money more abundant. Between tie Boards
tbe market was frner This feeling continued at
The Second Board until toward the close, when the
quotations were weak, but without important
change, excepting in Rock Island, which, after adj
yancing to $50 ON the announcement Of dividend,
fsIl back again TO 53t. Central was firm at ne In
Government stocks there is no. much doing the
impe9deney of the Treasury Report having checked
transactions. AT the close the quotations were:
United States 5s "a s21 aS3; United States 6s, 81,
registered S9i 90; United States 6s 81 coupon, 90
93i; Tennessee State c. 4oi o4.; Virginia State Is,
sSi04SI; Missouri State Ga, 40040l; Delaware ana
Hudson Canal Company, 81 GS3; Pennsylvania Coal
Company, 20 a60; Cumberland Coal, III; Pacific Nail
Steamship Company, Ses5s; New-York CeRtral
Railroad, IA a77,; Erie Railroad, 81 a3lt Huds n
River Railroad, $50 az; Harlem Railroad 1l39l2;
Harlem Railroad Preferred, 2ei a29!; Reading Rail
road 81 034l Michigan Central Railroad Az a is;
Michigan Southern and Northern Indiana Railroad,
T!0I7y; Michigan Southern and Northern Indiana
Railroad Guaranteed, 36l a36s Panama Railroad
Company, ITO OLA Illinois Central Railroad, scrip
6ol060l; Galena and Chicago Railroad 70i 7O2
Cleveland and Toledo Railroad 800 032Ii Chicago
and Rock Island Railroad, 52ba52i; Chicago, Bur
Hngton and Quincy Railroad, 57a5Si Illinois Cen
tral 70, S7s as.
There is dull market for foreign bills, and rates
are heavy. Sterling is los ai09, nOminalIy.
Freights are again lower and the business is mod
crate. To Liverpool, the engagements are 10000
bush Wheat ct 8, assd in bulk and bags, chiefly at
The latter rate in bags; 1900 do. Of Corn at 8aSld
IN bulk and bags mostly in bulk at the former rate
$3.50 bbls of Flour ct g. 2s. 3d. the inside rate TO
I'LL up, and 5000 do. at "a. a2s. Cd. in neutral
ssl; 5000 boxes Cheese at 35s. in neutral ship;
300 boxes Bacon at 32s. Cd; 900 bbls. Of Taow at
Qs. 3d.; 100 bbls. Petroleum Oil at "a. To London:
I2.OO0 bush. Wheat at 3D.; COO bbls. Flour at 2s.
3D.; go tierces Rice at Us. cd. To Glasgow: 10
TINS Of Tallow at 27s. Cd. To Havre: $500 bush.
Wheat ct &c.; 500 bbls Flour at Zoe. 300 tcs Rice
Of So. To Antwerp: 5000 bush. Wheat al Id To
RorieauY. 100 bbls. Beef and Pork at 81 y Dbl.
The charters are, o British bark with $4,000 buss
Wheat to Cork and a market at I'D; the ship
Eropie 800 tuns capacity, with Wheat and Flour to
Hsyre ct &c., for the former, and 7ec for the latter
and two vessels out 10 the West Indies and home
one of 200 bis. capacity, and the other of 800
bSls.at 81 200 for the former, and 5000 for the lat
GER. port charges paid.
The business Of the Sus-Treasury was: Receipts,
f765, $40 S3-for Customs, SIS, 900, for Treasury
Notes, $2,53 Of; Payments, 81, 4s6,4iS AZ; in.
clsding redeemed v cent notes; Balance, 8, 276,.
aQ6 SO.
The detail Of the earnings Of the Cleveland and To.
q Il u 4 4.