New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-10-08


The stock ms ket this morning opened at about the
same prices the closing quotations of yesterday, and
with very large business; the market generally was
steady to the cose. The most important change in
prices was in Pacific Mail Steamship Company which
declined y cent from yesterdays quotations, on az
Of the purchase of the Collins steamers Atlantic
ard Baltic to run on the Nicaragua route To California
The stock came on very freely at the commencement
OF tie CALL but little better at the close, although
very freely offered by the bears sellers options.
New-York Central little heavy at the opening,
hut under free purchases by the shorts and strong
efforts by the bulls, Il closed quite firm at an advance
of about / y cent above the opening quotations. Erie
was neglected and seemed Ia have entirely lost its
foimer position d he leading speculative stock.
Readr vas steady with quite large sales This stock
seen 20 be mostly supported by Philadelphia orders
ana by forced purchases by the bears who are obliged
todever ock sold short coming due. Michigan Cen.
trail was has been days past quite active,
tie sales being mostly on time with not much cash
stock offering Many friends of this stock seem very
confident Of = cent dividend in January or Feb
ruary next: but the bears contend that the recent
report of the road and the fact tia. the receipts are
net as large a. were expected together with the strong
probabiit that business viii be very light during the
Autumn do not afford good ground for the belief that
any such dividend is probable, that will be fairly
earned over and above unavoidable expenses and
interest On It's bonded Indebtedness. Large amounts of
this stock are offering sellers options. Michigan
southern old and preferred stocks steady at
about former quotations. Panama was heavy, and
was feeely offered at about below previous sales.
Galena and Chicago which has been very firm for the
past few days suddenly fell about y cent this morn
j. T. and at the close was freely offered at slight
alvaIce from the lowest sales. We understand that
til earnings Of this road for September will
the estm ate by SO &C., which, together with the
fact that cash stock has been rather plenty to-day
Ian Anticipated, may account for the decline in
price. Chicago aud Rock Island the object of
ard sharp attack by the bears sod il closed dull at
attraction lower than the price of yesterday. La Crosse
and Milwaukee still stands at shout the price
for soue time past, aud the supply and demand
about equal. Holders do not seem ds posed to part
with such valuable property less than about 81 per
share, and the rsukes; Spectator cannot discover
much more value than the aforesaid sum in the stock.
Al the Second Board the market heavy and there
Wa a further decline Of resrly ? e cent in Pacific
NAL. Tie general market closed rather heavy. The
closing prices were New-York Central 81 I; Erie,
lslaI: Pacific NAL 1921 lo3 Rock I-land, 654 q
.sour s.; ESQ Mirhigan Central, 81. i Mchi-
gan Southern 23i a.; Galens, S3i a 81.
TIE Foreign Bill market is inactive, and rates with
out charge.
Freiglts are dull aud heavy. To Liverpool, 800
bbls Rosn at l.. Cd. eco boxes Cheese E steamer a;
4Cs. To London s0O bbls. Flour at l.. Cd To Glas-
gov, $50 packages Lard OF 9js. To Rotterdam, 300
boxes Tobacco ON private terms. -Four vessels for
San Francisco the Fanny ;. Pearey, Starlight, The
resa and Ivanhoe, on private terms.
The business of tie Sub treasury was Receipts
$l6,935 s2-sll4,GC0 from Customsi Payments,
sl76,5S3 "a; Balance, go, 6l3,5f9 81.
There Is good demand for Treasury Notes, and the
rates are improving.
A contract has been concluded to-day for the pur-
cha. Of tie Collins steamers Atlantic aud Baltic by
the parties who furnish the boats for the Pacific
end Of the Nicaragua route to California. The price
for both boats, We understand, is ssO0,OOo.
The Firemen's Insurance Company have declared
dividend Of 10 . cent, payable on the 18th inst.
We lssrp that the Indiana portion OF he Toledo,