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The Daily Dispatch: December 8, 1860., [Electronic resource], Secession movement at the South. (search)
the street rates are very high, little being done below 15 per cent. per annum, even in prime endorsed paper. Foreign Exchange is unsettled, but prices are lower, and both banker's and commercial bills could be bought at a farther decline. The Stock market again broke down, and there was almost a panic among sellers, without drawing out any eagerness on the part of buyers. The Baltimore American, in its commercial report, Dec. 6th, says: There seems to be no present prospect of aof Sugars and Molasses, but owing to the want of spirit in the bidding, only a portion changed hands, and that at greatly reduced rates. Coffee is also moving off at low figures, but in other articles we have no material change to note. The Stock market was very much depressed to-day, and Railroad Stocks especially show considerable decline. The sales of the Board were heavier than yesterday, and footed up fully $35,000. Northern Markets--[by telegraph.] New York, Dec. 7.--Stock