New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-09-25

FRIDAY, Sept. 2i-P. n.

FRIDAY, Sept. 2i-P. n.
The tendency Of the stock market continues 10 favo
the bears, in which class is included large ma
jory Of the Board Of Brokers, the few bulls lef
making but feeble resistance 10 the downward move
ment. We think there has been increase within
day OF two Of outside orders TO buy induced by tn,
lower prices which have ruled but the amount has
| been important. II would appear that still larger
fall must be realized before spectators out Of the pub
lie at large be tempted into the street 10 an extent
sufficient to influence tie market Tie business wa
well distributed to-day, but mainly in the Western
shares, all of which heavy and freely thrown on
! the market. The feature of the day the fall 10
Pacific Mail, which from 1903 yesterday sold rapidly
| down to 90 under inconsderabe amount Of cash
stock. II was reported that Il prominent member OF
the management had sold out all bis stock, but the
is scarcely credible. At the Second Board the
market reacted, and closed at 99i bid. Panama was
firm at 49, and single transaction of 200 shares
was made at that price. 1t was bought it is sup
posed, for Director. The Sc Ter has been for some
time past the leading bull in the stock
and who is buying to large amount
at comparatively low prices. Notwithstanding
the favorable prospects of the negotiation
between the Erie and Central Roads both these stocks
heavy, under the prevailing impression that the
traffic of the Fall months will be light Rock Island
continues to decline the market falling TO 6ii, but
closing at 6il. Gaena was also heavy. Southern
was quite active, and comparatively well sustained
Michigan Central was among the heaviest of the
Western shares, and fell off from 52l yesterday to
50I, and was freely offered, sellers option, still
lower. This stock is njuriously affected by the
pletion Of the Grand Haven route, which, il is feared
may cut down its already much reduced traffic, and
also by the conviction which is becoming general
that the road cannot, has been heretofore antic
pated the payment Of dividends next January.
portion of It's funded debt natures SOON and this is to
he met from earnings. Reading is moderately firm but
shows decline Of T. cent since yesterday. A pri-
vate sale of 1900 shares was made a day two ago,
which supplied the shorts. The street however must
still be very short of this stock and reaction 10
extent is not unlikely. The foreign orders having
been supplied for Illinois Central, the recent advance
was not maintained to-day, the market showing
decline Of = cent. The announcement of the y
cent scrip dividend appeared to have had effect.
In the Bond market there but moderate business
and no change of importance. Tie last prices are:
Erie, l6a all; Central, IA al; Southern, 81 a %;
Rock Island Gag al; Galena, 81 So Hudson River,
26iq27 Toledo, 81 /; Reading, 46I a /; Missouri,
si1 !; Panama lljall5i; Steamship, 99l !; Mich
gan Central, 50ldl.
There have been but few transactions in Foreign
bills for the vigo, and the rates nominaly a. b.
fore quoted Sterling 1905 llOi, with sales Of Bank
! bills at ITO. Francs rather rner.
Freigts are nominally unchanged. To Liverpool
the engagements are l3 600 bush Grain at - in bulk
1870 bales Cotton at 5-32d.; 500 boxes Cheese, per
steamer at 3's I'd. TO London 80 tuns Oil at 2s. 6i.
80 boxes Cheese at 3Os. To Rotterdam, 1000 Ugh,
pipe Slaves at s25. a schooner Of 30 tuns, and
Oh lrffr 70 ~
/ A brig from Norfolk to Jamaica at Sl4 80.
| The business of the Sub-Treasury was: Receipts,
| s65,6Gl l2-$l 900 from Customs; s3,765 from Trea
sury Notes Payments, sl56355 IT,; Balance, sl2,
93s 146 IL.
! We annex a comparative statement Of the Imports
Of Foreign Dry Goods a, Ncw-York for the week aud
since . >. /:
E ,ss q: :. E, 's'e, e 's', s ISIS
ill .stJS ga i''A''' ls5s. 80, 81 s,..se
FS lsSs s o. ia. s 55l * s9s;3S - as
rNIERED roK CONSUMPTION.
W Mes Of ~ sS Sss Ns''t o. rts' y9s
ssak........... SO 4lse5 Totl......495 81 5sIses
WITHDRAWALS
W W5s r 3. s Ss.:s ssl Pr. 1 y9s
SSik........... % .5.9a Total....... s75 sIa0l7
WAErHoVsEp
MasW IF Pigs. Value 1ilHG Of Pkgs vilae
Nool........ il5 SASH Missed autous. n sl96p
Cofton........ Isl 27ci2
SlA....'...... 81 isSt3 fo--l......L5l5 sIj5.jl
The business Of the Clearing House was $l5, i3H.
The market for Treasury Notes is again dull The
3, T. A. and ~ cents can be bought at L. 20 cents
discount. The Il T. cents worth par to - cent.
premium. 1t is somewhe, surprising that merchant.
do not freely these notes payment of duties
at the Cusiom-House. Tue aggregate paid in for
duties thus far IN September Is only $4,000 The
new Goyernm, nj loan dull, bat fner private sal
having been made AT 1881. buyer for 81 0Oo 900 Of
thi. loan appeared in market to-day bat the views of
the holder are considerably above the market prices
II is stated that Mr.. Cobb will have means enough
to keep the doors oithe Treasury open until Deem.
Der when he viii apply to Congress for authority To
ssue Sl00O00o0 Of Treasury Notes having eighteen
and twcuty-our months to run instead of issuing the
remaining So 600 Gee Of the e cent loan a,,hor;zed