New-York daily tribune., 1861-12-31
MONDAY, Dec. 30-r. NJ.

The Stock market was, rs was anticipated, ram
pant this morning. under the combined influence OF
the release of Messrs. Mason and Slidel and COME
quent lifting of the cloud and the SUSPENSION OF
specie paymeD, by the banks which relieved all fear
of financial pressure. There was intense anxiety
to buy at the opening Of the Board at the advanced
prices established iu the street, and very large
business was dope in he permanent shares at al ad-
vance of al y cen; on Saturdays quotations. The
most active stocks were Pacific Mail, Erie Central,
Toledo, and Rock Island The shorts, who had not
covered themselves last week, were free buyers, and
the bears had courage 10 offer their contracts to
any important amount. The removal Of the two
causes which have operated IS ncubi on the market
will now permit other elements 10 oct. The
very satisfactory earnings of the railroads
xust have a favorable influence upon the
speculative impulse of the market, and this will be
aided by the expansion OF currency growing Datur-
ally out Of the enormous expenditures ofthe Genera
Government which must be heresfter made in paper.
A Union victory or two would give the market the
starting impulse, when the chances would be deci-
dedly in favor Of IN advancing market until some
expected blow the Trent affair gives the bears
again the advantage. Toward the close Of the seq
the highest points of,he Board were not maintained.
At the Second Board the market was somewhatireg-
ulsr with large amount Of transactions. The prsft
on purchases of last week tempted sellers, but new
buyers appeared, aad at tie close and In the street
after the session there was disposition to buy and
the market took the upward turn again. The advance
in shares since Saturday is: on Central cent,
Pacific Mail y cent, Erie Common y cebt, Pre-
ferred T. cent, Hudson River II y cent, Michigan
Central IL v cent, Toledo II y cent, Rock Island
y cent. Galena Q y cent, sc. Governments are in
better demand and higher. Registered Skies sold at
ss and Coupons at 90. State Stocks were also mer,
but not very active. The only sale Of Bank Stocks
VIZ 20 shares American Exchange at so. At The
Central was soi bid Galens 81, Erie Preferred
5iI. &c, showing an advancing market The quota
tions at o'clock were United States 6e 81, reg,
ssaSsI; United States 6s, 81 comp, 9li a92;
Pacific Mail Steamship Co., 94694l; N. Y. Central
Railroad, SOt aS0i Erie Railroad, 32i 1924: Hud.
son River Railroad, 80 9a39; Harlem Railroad, ~.
al23; Harlem Railroad Preferred, 81 o3l4; Read
ing Railroad, 35a36; Michigan Central Railroad,
49a a. 20; Michigan Southern and Northern Indiana
Railroad, l9l a l9i Michigan Southern and North.
ern Indiana Guar, 4io4li; Panama Railroad,
Il2 a ll23 Illinois Central Railroad, 81 62 Gslena
and Chicago Rsilroad, 69G; Cleveland and
Toledo Railroad 35l s35s; Chicago and Rock Island
Railroad 50s a5l; Chicago, Burlington, and Quincy
Railroad, 56a56
Under the suspension Of the bank, and tie idea
that specie would advance to considerable premium,
drawers Of exchange advanced their rates, and in
mes. cases were not anxious to make transactions
The asking price for sterling was il29ll3 and
Francs 5.O7g a sos. A few sales of sterling were
made at li2all2i.
Freightsare dull, and rates are lower and unsettled.
To Liverpool, the engagements are 800 bbis. Flour
at o. Cd. a2s. Cd; 1900 pIgs. Bacon and Lard at
3Os. a3s. Cd; l2O tuns Talow, at 25s. a27s. Cd,
and 35s. on neutral ships. To London-50O bbls.
Flour at 3s 100 tcs Beef at 7s. 100 tea. India DO.
at 7s. 3D.; rs bbls Pork, at Sc. Cd 500 pkgs Bacon
and Lard. q, 35s a35s. Cd. To Glasgow-l 900
bble. Flour, at 3s; 5000 bush. Wheat, at SD, in
balk; 80 pkgs Lard, ut 32s. Cd To Bristol-2,0O0
bbls. Flour, at 81. Sd. To Havre-i 900 bbls Flour,
at Zoe. The charters are al American bark OF 3DS
tuns, from Elizabettport, with coal to Aspinwa al
IS; schr Of 10 tuns from the same port to Boston,
at 81 %.
The business Of the Sab-Treasury wss: Receipts
-sj2s.544 Al; for Customs, S., 900. Payments
1899 320 ~; including redeemed g per cent notes;
On account loan, t23s,766 50. Balance 3,9D,-
479 OF.
The movement, il will be seen, was much less rn'
peytant tlan Of late. No gold was paid cut as far
ls VIC could learn for any purpose Parties present.
ng drafts were paid in demand notes, the redemption
# Shiel, in gold was suspended. The Government
aus consequently followed tie suii Of the banks, as
leoessaIily must.
The suspension Of the banks WIS received In the
'O,amcrcisl and monetary circles wiipns surprise,