New-York daily tribune., 1858-11-12
sAIHs AT AUCTION,
THrRsnAY. Noy. ll-r. VI.

Business at The Stock Exchange, to-day was mode
rate in extent, the market opening with decided feav-
ness throug the list but rayng with considerable
vigor in the sfternocn, an finally closing at fair iG-
provemcnt over tie loves; points Of the morning
with steady tone, but neither active nor buoyant.
Tne bears have pressed stocks for sale with great free
dom for several days past and have probably oversod
T. market several OF the prominent stocks, encour
aged by the meuger railway returns Of the month aud
the apathy of outsiders. This fact is probably the
pripcpe cause of the rally this afternoon, the shorts
rushing il with considerable eageress TO cover con-
tracts at the Ist symptom OF reaction AT the ftst
Board. New Yok Central was sold at So at the b.
ginning of the call, but recovered slightly toward
the close, and was very steady at 81. Reading
shows the largest movement in the registered sales,
but had not the appearance Of activity at the Board
lcn THE circumstance indicates, some ,oOo shares
changing bands on turn, for the difference on sell
ers option contract The quotations dropped irac-
ton during the cal, but trihe stronger at the
close. Gaena declined to 73I, aud was one of the
heaviest stocks on the s, the shares opng out quite
freely but the line brought in Of the shorts a.
buyers aud the shares in demand a. the quota
on Rock Island also fell off to 6 at the start, on
short s,ltrs options but the cash stock was 10 de-
mand and ii closed firm at 6ii bid. Tne decrease of
traffic this road, though even more marked than on
the Gaepa has not had equally depressing effect
upon the stock. Michigan Southern old AMI
preferred shares declined about ! T. cent each,
with a fair amount Of business at the depression.
Michigan Central fell off to 53 and quite heavy
dorng the cslthe October returns provn, less salts
factory than had been anticipated. Illinois Central
declined cent the foreign advices, bat was not
freely supplied at the quotation established. Toe
was lower than at the close Of yesterday, but was
taken with considerable sput a. the decline, and
frmer sfterward Pacific Mail declined to l0ii, bat
Iegained g. cent at the close. Notwithstanding the
reserve of the directors in regard TO the approaching
dividend street port has sready established it at 10
- cent Panama advanced /, but not active.
At the Second Board prices were generally from to
& cent CHER hrous hout the ist and the market had
tolera ,ly strong look during the session, with
but lit e appearance of real activity indicating what
might he cslleda u brokers rally rather thau
covery which springs from the movements of outside
buyers STATE Stocks are generally frmer and better.
Mssours close firm at S9i and VIrsiniss c, e6l.
We hear Of private sales of about so 800 OF New
York State IS lorg loan, at l04 and interest. Rail
road Bonds are in fair demand and also show moderate
advances over yesterdays prices. The closing
quotations were for New-Norl Central 81 4 Sil. Erie
lClGlGt, Hudson River 323 S;3, Reading 81 a5ii.
Michigan Central SO; a s., Michigan Southern pa
.3l Preferred 50 53.. Illinois Genital 81 aS!, Galena
IA d7i,, Rock Island 60 65i, Toledo S2i 52i Pan
anna l219lSol, Pacific Mai l0ilal0i., NJ. sour 6
So, 20, virgiuss 96l asfi, &c.
There is no;hi'y OF importance doing in Foreiga
Excl angc and tie market continues heavy.
10 Freghts :heoe is 10 change TO note in rates.
There is more doing in Chwtors. To Liverpool We
e only an engagement of 500 bales Cotton AZ II. To
London: 80 ics. Rice &, 2os ~ hhds. Tobsccc at
2Os; Is tups Logwood a, 2Os. To Glasgow; 5000
heavy Pipe slaves &: %s.; i,7oo bush. WheY, per