New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-12-04

| niohoay copthueu to-day, Win some Hule frregu-
larity. The tide, however, swept onward, and at
the close the market strong, with disposition
to buy largely. The shorts have c,versd TO large
extent to-day, and the commission houses had a
large arrival Of orders showing that the public are
again taking an interest in the speculative arena.
The upward movement is based upon the growing
impression that the Secretary of the Treasury must
resort to further issue Of lega.tcnder notes to a
large amount The heaviness Of the market for the
last few weeks has been caused by the contrary im
preston, then well based; but the concurrent
reports from Washington although unofficial compel
the belief that Mr.. Chase has the impossbiliy
Of running the war machine by the sale Of bonds
which even if taken at a fair price there ia not
currency enough in the monetary centers to pay
for. The difficulty which attended the payments on
the small 7.30 y cent loan awarded q short time
since must have opened his eyes the fact thu, there
is ,uperabundance of currency and that loan of
$50, O0OO coo could not be paid for by reason
Of the actual scarcity Of egal-tender notes.
lie has, we have good reason to believe, aban-
doned any intoution he may have entertained
Of making an issus of bonds until the
rency has been swellei to an amount which
will float them. No one is disposed to deny the
evils of superintendent paper currency, but nearly
every one admits the war necessity which exists of
resorling TO another ssue of legal tender notes 10
meet tie large daily expenses OF the Government
That currency bin will Jass this Congress have
10 doubt, although Mr.. Chase may not ask for it
IN direct terms. Between the Boards ind at the
Second Board the market was excited and buoyant,
with some irregularity. At the Third Board there
was large business done with n strong feeling AT
the close. Governments have been we'll sustained
dorng the day and were in fair demand. There has
been good demand during the day for Railroad
Bonds. ana the speculative movement in them
is improved B.uk stocks have also been
in good demand. Tue bddiugs show the inlu.
enco of the report that Government securities, of
which these institutions are large holders are not to
be manufactured by hundreds OF mill Us and thrown
upon the market. For Seventh Ward BANK l32 was
bid and 40 asked. Tie closing quotations were as
follows: Demand Notes, 100 a IL; u. :. Is Reg.
81, 1903; US. g. Coupons. loielOit; Treasury
Notes 7.3O 1914; American God, 1876 el32i; Pa
cifc Nal S. S., 10 al22i n Y. Genital, lo3! 1888;
Erie Railroad, G3aG3i; Erie Preferred, 90 a %;
Illinois Central, 81 a. u; Hudson River, -. a7Gi
Cleveland and Toledo. CT 69i; Rock Island Rail-
road, s2l ds2i; Galena and Chicago, 81 6s3;
Harlem Railroad -; Harlem Preferred, 80;
Reading Railroad ~; an Michigan Central
E~.road, 9li a9li; Michigan Southern and North
ern Indiana Railroad 39i lOl do guaranteed 81
ass; Cleveland aud Pittsburgh, 49, i5!.
The market for foreign bill has been unsettled b.
the advance in gold.
Freglts are quite dull and rates are heavy for
Ift. figu.,f irra.rr1t- 9,
neutral ships To Liverpool, the engagements are
10 900 bush. Wheat at Sd ia bagf; so bbls. Flour
ut g.; and por neutral Aag, 90 bush. Whe 4 at
3D.. 100 bbls. Pork at Is. 800 boxes Bacon si IS.
I'd. 35s.. and $40 pigs Butter and Cheese 81 35s.
3D. IL London. 500 bales Hops o, a.. 1000 btls.
Flour at g. ,d.i and per rcutu flax, 5000 bush.
Wheat a. lid. in b4cs. 10 Glslrow. Der neri-ei
vessel 200 bbls. Flour AZ g. 3d., AID 100 tea. Beef
ats.
The business Of tie .Slb-Treasury was; Receipts,
sl74,7lO A-hr Customs, $500; Payments,
$50, 5j2 ~; Balance, $lO, lS5,25i 90.
Tie elrnings Of tie Western Roads como in very
en,oun.intly, aud have had comfortable inluence
upon tho Share market The large receipts MAKE
tne.e roads perfectly cosy IN their finances, and
where the result ~ not a dividend gives toe Compa-
nee The means Of paying oa Aonins debt, AID ihus
T. ace ihcm in condition 10 pay dividends 10 tao il-
ture Tie Michigan Sollbsn Road earned ia the
fourth week 0. November IN increase Of S3J,lSl.
TIE Roc Island : ~, AID Ole Cleveland and To-
leIo slI.I3a For the whole moAlh Of November
tho c,rn.n-s were;
M.,h cen s,uiAeru..........r. g.. 80 $3.50 s-',
cl.se..nd a.l . rio....... o,E lHCp ,s-n
T.e l,loNire ..gtcraent will Glow the earr.nl- OF