New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-12-13

THURSDAY, Dec. 12-P. N.

THURSDAY, Dec 12-P.n.
The stock market was dull and rather heavy this
morning, as it was known the IIansawas coming mp,
and both parties waited for her sdyices. The Cen
trail report was considered lees favorable than had
been looked for and the decline ia this It ok affected
univoIably the rest Of the market After the board
the market was dull, and Central sold AS low us AZ.
When however the advces by the Hanss bad been
received and the comments Of the London journals
on the Mason and Sldell affair had been digesed, II
was discovered that tie blast Of indignation which
had been anticipated much lees violent than the
bears had looked for, and there was an immediate
reaction in feeling. Buyers came in freely, aud q
general advance took place in the list The shorts
were free buyers to cover their contracts and the
bulls felt that the only incubus the market wa
now removed, and that the expansion to be brought
about by the enormous expenditures Of Government
would now work out its legitimate result without
any obstacle. Even The London Times, which has
been the most bitter opponent Of the North in this
crisis says:
ave have always been the strenuous sseter ~ the rights
OF over eutrs sIdths decisions Of Courts Of
Law Is they nu,t nov De cited oy our sw n.
into being confederation aud armed nentrtt sssh u.s.
and which have alvey. pee oaaco u, &C.. !"
the authorities which msy be cited 90 t question sro
too nune ous ard too Uniform Is 20 the lg .scn 9t
gersnt ships u wsr over neutral merchant Neoto DC us
naU.,.o. a. III. ,u, NAV be /. neysrthele. truth
that we have ourselves established system Of lnteus onsl
Law which now tells ssain.t u. In hish handed ana s oct
Over neutral. which have different s. banded all The
maritime poVes OF the world against Us We have Insisted
sSsa DPnG Sr. o." .S an
BY Jefferson IN his Memoirs In which nephevs Of Wash
nsop were inpes.ed by oar cruisers they reursns
frou rl srad IN
pline OF rhtps Of wal"
Upon the same question: The London Star says
The opinion Of the law officers Of Crown b" been
tho subject and assured that II 10 clearly
favor Of the rsh assumed BY the United States Government
This confirms the statement Of The Edinburgh
Scotsman, published some days since, but which has
been considered Of doubtful authenticity. Central,
which bad sold rs low rs 77i rallied 70 7St at the
Second Board, and sfterward in the street, sold ut
49,, closing at that bid. Erie advanced from 81 to
32i bid and the Preference shares were largely in
demand at 5io5il, with So asked. Pacific Mail sold
at 86 at the Second Board but before the close Of
business in the street. the shares stood at Ssi bid.
The Western shares were also better, III
being bid for Galens, 80 for Michigan
Southern Guaranteed, 33i for Toledo, &c.
The transactions after the regular session were
quite large, and the bulls appeared to be very con-
ident that the market advancing one for the
present. The closing quotations were: United States
Go, 81 coup, 93a93; United States &c, 81, reg,
s9I go; United States IS, "a 82s sS3; Tennessee
State 6s, 4lia4ll; Virginia State 6s, 4S94si Mir.
souri, State 6s, 403a4l; Pacific Mail Steamship
Co.. $50; New.York Central Railroad, 7si 97S3i
Erie Railroad, 32ia32i; Erie Railroad Preferred,
54I as; Hudson River Railroad, 81 1851; Harlem
Railroad, llisl2; Harlem RAILROAD, Preferred,
29I go; Reading Railroad 3i03I; Michigan
Central Railroad, 500 Michigan Southern and
Northern Indiana Railroad, lssslSii Michigan
Southern and Northern Indiana Guaranteed, ~ d3si
Panama Railroad ll49ll5 Illinois Central Railroad,
COZ a 6I Galens and Chicago Railroad, HiaHii
Cleveland and Toledo Railroad, 33i d3fi Chicago
and Rock Island Railroad 81 o5li; Chicago, Bur
lipgton, aud Quincy Railroad, 5sl a39i
There has been large business done in foreign
bills at further advance. Bankers sterling at the
close il 1921 1891 with transactions above lo9t
Commercial names are l08al09i. The foreign
houses appear to have some vague fears OF susPen
sion of specie payments, and are sending their
balances TO the other side.
Freights still tend downward, and with limited
offerings are somewhat nominal at tho close. To
Liverpool the engagements are $4,000 bush. Wheat
at laid 10 bulk and bags 5000 do. Corn at 6id.
in bulk to fill up, and 7a7Id. in bagsi 1900 bblS.
Flour At lie. 90. Is i0ld. by British vessels, 500
pigs Cheese at 32s. 3D.; 200 boxes Bacon at 3Os.,
and so hhds. Shoulders at the same rate; by al
American ship 25 bids. Tallow at 22s. Cd. 800 pkgs
Lard at 27s Cd and $50 boxes Bacon at 25s a2s. 3D.
To London-2, 800 bbls. Flour at e. 4ld a2s. I'D,
mostly at 2s- Cd; 800 pkgs Pork at %. To Gias.