New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-11-04
TUESDAY, Nov. 3-P. ".

r.. TUESDAY, Nov. 3-P. ".
The Stock market was rather dub al opening sales,
but was decidedly stronger and better before ADJOURN
msnt and during the remainder Of the day continued
70 improve. At Second Board further advance was
realized in most of the leading stocks, and the dsposi-
ton to buy was quite general the most active we're
New York Central, Cleveland and Toledo, Readiog,
and Erie, The shorts have undoubtedly been large
buyers during the day, but ndependsM Of thi, infu-
in favor Of rise In prices, the Bank Statement,
which is favorable than had been expected
the announcement of new arrival of California gold,
and the foreign news by steamer Arsgo, which was
considered good in g negative sense-;hat Is, not 20
adverse as predcted-an contributed to give buoy
spcy and cheerfoness 10 the Market There is no
material increase Of outside buyers yet, and stocks
now receive their impulse from those srewd aud
sclve operators who first catch the CLEANS OF day
light ard from previous successes are in condition
TO avsil of the chances Offering. 1t is, however az
undenabe fact that everything tends to the resora-
ton of confidence, and few weeks continuance ofthis
more cheerful feeling will doubtless attract capital To the
Stock Exchange for investment. As compared with
closing prices of yesterday, New York Central al.
yanced y cent, Erie Il Reading 3 Illinois Central !,
Cleveland and Toledo 81 Chicago and Rock Island p,
Michigan Southern declined I, Panama /. The feature
of the day the movement in Toledo of which one
operator took some 900 shares at the Second Board
at 80 t3Qs10 which not on the registered list.
The movement In Erie arises partly from the favorable
statements of Messrs. Moran and Lathers and grow
ing belief the Of these gentlemen IN carrying
Che Company through its embarrsssments. California
State 70 advanced 10 60, on the confirmation OF the
news Of decision by the people to assume deb,
which the decision Of their Courts mad offered them
temptation to repudate. The credit Of State securities
since the message Of the Governor OF Missouri aud this
sox popuh verdict in California, has been greatly
strengthened. Such examples, il time of great con'
mercsl dtress aud panic, are worthy ct oil Praee'
and Indicate the growth Of popular sent nent against
Reputation to an extent which must fnaly sweep
away every vesiige of such rasoality, In Whatever
plausible guise it may be presented A small sale of
United States Is, 1862 was made at los, the first
transaction for long time. The late steamers have
brought out considerable amounts of Government
Stocks for redemption but the bid of the Secretary of
the Treasury having been Withdrawn, they are on the
market.
Money matters are very quiet but tending gradually
and steadily to improvement. Capital accu nuatng,
but the distrust of almost everything in the way OF
paper confines negotiations to narrow hmit. In oc-
cssions transactions for undoubed signatures, dis
count rates are quoted at from2 70 = cent month.
Money accessible in stock loans of desirable
character. The Banks have baen so much strength
ened of late that expansion is becoming general
and the relief is more decided.
In Boston the money market is improving more
rapidly than in this city, Negotiations in paper, how
ever, ere nearly as much restricted az in Wall street.
On account of the severe punishment to which money
lenders have been subjected. The rates quoted a.
from II to y cent y month. The Banks are COM
psra,ively easy. ,
The Aragos news, after careful analysis, hardly
seems to warrant the favorable construction placed
upon il in the Street. The basis of the improvement
In the English stock and money markets, if an n.
provement it be called, the slight advance in
prices here which quoted by the last arrivals and
the somewhat confident proclamation of the New.
York Banks, in regard to ably aud determi aacn to
r,aintse specie payments. Siqce that period exten.
sive mercantile failures have occurred The Illinois
Central, Erie, and Michigan Central Railway Comoa-
mics have suspended, aud the Banks themselves have
been forced 10 the very step which they declared their
resolution 10 avoid. The effect of all this upon the
English markets is yet 10 be Witnessed
The low prices of our stocks and the apparent CON-
Increment Of reaction doubtless tempted further
orders for fsvori,e American Investments but when
the actual failure Of Of these concerns Is al
nounced, IL is questionable whe her even John Ball.
With ell his courageous tenacy, will dare to venture
further In support Oh the eecurlles Ine prlva'e
letters by the Arago generally cheerful and cover
some considerable orders fer our stocks We hear of
bills returned for non-acceptsnce but the particulars
have not transpred.
The annexed extracts from our foreign files Will give
the reader opportunity Of fOrmios his own opinion
OF the markets and Of public sentiment 10 money cir
sles there:
Fron The LoAdos Daily NtSs Of Oct. 10.
The shipments of specie and bullion by the lndu',
which will leave Southampton on Tuesday for Aexaa-
dris, we hsd estimated the 18th inst. as likely 70
approach $500 600. The exact amount Is t777 IL,
81 which about SIS 600 consists Of gold principally
sovereigns, taken frcm the bank, all the rest being
silver The suu destined for the two Chinese ports Is
ooiy tSo owing psrtly TO the fact that The over
land mail has brought no advices from that country
The amount dispatched TO Calcutta alone approaches
hslf . million. The details are shown below, viz:
For Alden, f3,$30; for Ceylou, fl ,25i; for Bombay,
f24, 667; for Madras, fi5 sos; for Calcutta f43i.
257; for Penang, E3 $50; for Singapore eco 7i0; for
Hong Kong, fH ,4S7; and for Shsaghsi fIO 6s9
The bjoined exhibits the aggregate shipments BY
each of the last six steamers:
August 4, per Ripon.. c! Ol2 963
August 20, per Colombo. ......... l,095Ol4
Sept. 4, per Io6us.. .............. 69S O25
Sept. 20, per Ripon.. 663,359
Oct. A. per Colombo. 59i, 4s5
. Mt nay Ind IT'D