New-York daily tribune., 1858-10-12
MoSpAY. Oct. ll-P. VI.

ward, and nearly the whole list sympaihzei to-ua!
The bull speculations, which commenced IN oeu',ai
and Reading and were successful have na'ufhny
attracted the attention Of operators to other -'ocA
and under this general activity and buoyancy the b'ar
element Of the street was swept away, the sho'"
bought n and the two factions appear to nave ooaes
ced t. put the aIket up. There wa to-day, ho"
ever, notwithstanding the apparent strength oi Tue
market some disposition shown on the part oi Dear
operators TO commence putting out short line agaih'
and of the time sales, 500 shares, at Me morning
Board 800 shares were onsellers option. OF course
much of this only the selling back OF stock on time
which had been bought for cash to NIL contracts
but there is evidently also in the sales the germ
of a new short interest. There IS also rather
more appearance Of buying for outsiders, but the
amount is not important. The speculation is Sun
almost entirely confined to the street operators and
the speculating brokers Of other cities. The largest
advance to-day in Michigan Southern Guaranteed,
although the sales were moderate compared with some
other descriptions. The market opened at ~, and
advanced TO 50 bid, improvement of p ON Satur-
days rate. There street talk OF dividend during
tie year, but We doubt if the Company entertain any
int. non of making dividend until the floating debt
is fully disposed OF. The common stock was also
irmer, and went TO 2il. The improved condition of
tie traffic Of this road is attracting attention TO 1t.
New-York Central was strong, and between the
Boards touched 81, but aferward at the Second
Board reacted to s3i, closing at ST. Reading was
very scarce, and from 5Ol on Saturday the market,
NJ der purchases by the shorts advanced to - closing
at 5la. In Er!e tbere il no movement Of impor-
tance, but the quotation was strong. Inc election
OF .-,ios ,skes place tomorrow, and attracts more
attention than usual. II has been generally aio"eu !"
90 by default the stockholders taking but little inter-
est in it. There will be important changes, although
an attempt TO get up an opposition ticket has been
made. The Western shares were buoyant IL the
morning but prices were not quite sustained at the
close Rock Island. without much activity, sold from
Gfl down to Gji. Gaena was firm at about ~ l34S3.
The receipts of September stated TO be only
slGl 600 against $3.50 600 in September, 1851 Toledo
improved to 33l closing dull The traffic OF the road
is quite satisfactory to the managers in view OF the
depressed state of business. Pacific Mail again i'm
proved and closed at l0i. The purchase of the At
lartic and Baltic although the former is advertised TO
sail on the 2Jh has not yet been consummated for the
reason we have before stated, and is very doubtful
now if il can be. We understand such IL the de-
sire to take passage Ia tho Atlantic that if tickets
could be sold by her she would he flied up in three
dave. Panama is dull but firm. a sale of American
Guano was made at 10, buyer 60, which is further
advance The business in the Bond market was large,
especially in State Bonds, and the market was buoy
ant. Tie sales were considerably larger than the
registered list shows. The sales at least S2oOo 900
"a large portion for the temporary investment of idle
funds. There is more movement in Railroad Bonds,
and the market is gradually improving. Erie seeu-
ries were in better demand at higher rates The
Second Mortgages, which were so few days since,
sold at Sll The quotations of the Erie issues
First Mortgage offered at 90, 10 bid; Second Mort
gooe 81 hid. ThrJ nIvugage, - ASKED; Fourtn
Mortgage 80 bid; i875s 80 bid; 1S7ls 30 bd 1865,
81 bid. There is no important change in quotations
within four five weeks excepting in the Second
Mortgages, which about Sept. were selling at 90.
The last prices Virginia, 931 a9i; Missouri, 81
81; Central, 81; Erie, l6l l6l Harlem, IL alll;
Hudson River IS 2sl Reading, 5ll la52; Michigan
Central, 81 ao1l; Michigan Southern, 2il a2il;
Guaranteed, 30; Panama, HI a ll7s; Illinois Cen
tral, 79a79l; Galena, 81. s.; Toledo, 33l 33i;
Rock Island, 65i a66; Pacific Mail, lOl.
There is fair business doing in foreign bills for the
Wednesday steamer, and the market is steady. The
supply of commercial bills is better, q considerable
amount having been received based on the active cot
ton movement at the South. Sterling is 81 G9t for
commercial signatures, 81 10 for banks, aud q elO.
for bankers. Francs, are 5.l5 05l2i.
Freights are rather heavy; rates unsettled. To
LiverIoo 800 bbls Flour at Is 3d. 4ld.; 10000
BUSH Corn at Sd. in bulk IS bales lroundl Cotton at
3D., and 800 square bales do at 5-32d.; 900 boxes
Cheese at 2Os.; IS bids Talow at lis To London,
700 bbls. Flour at ls Cd; 600 Handspikes at l..
Id; 200 boxes Cheese al 2Os. A brig to London
with Naval Stores private terms. A ship to San
Francisco on private terms. A brig from Wilmington
to Trinidad Port Spain with Lumber, at sll 80 A
a;l g. 4 L.o
4Oc for Sugar and 50 for Moasses To San Francisco,
brig Therese $50 tuns Coal at s2 q tun and dunnage,
and 500 tuns measurement at 30c. q foot.
The business of the Sub-Treasury Receipts,
s79,3jl-$l9,OOO from Customs; Payments slls,-
sO2 -; Balance, slO,437, 1875 90.
The weekly averages OF the Banks show more ia
vorabe position than was anticipated the specie line
having increased over six hundred thousand dollars
while the loans show small decrease The whole
statement shows expansion, with the exception Of
loans and the contraction Of this item is doubt
forced one portion of the Increase in specie came
from the SubIreasury which disbursed about 5000 900
more than il received and the remainder from the
rising average of the previous week. The foreign
shipment of the week made on Saturday, and does
not count much in the average, although $500 900
is gone to-day from the aggregate.
Tie statement as a whole, contains but few features
of importance The increase in deposits follows natu-
rally the increase of specie or, properly rc.
rcrsa. The Bank loans would doubtless have shown
an increase had the managers been able to find such
paper as suited them. In regard to the expansion from
sizes OCOO 600 to sl23OoO,OOo it is proper TO remark
that it has been on very much better class OF secu.
rites than is usually found in the Bank portfolios.
The following is comparative statement of the con-
diiion of the New-York Banks for the week ending,
and Oct > and Oct, y: