New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-11-09
MONDAY, Nov. SP. ".

The ..rnper OF the Sock market seemed quite un-
decided this morning, and upon the whole rather
heavy until the ca Is reached Galens when there Wa
evidently very firm feeling and moderate improve
nept over recent sales. In New-iork Central the
dealings were not 80 l.rge as usual, the quotations
opening Al s3;, and finally touching So. at which It
closed very firm. For Reading the Darke; was
little heavy and a, the close sales were made 81 81
decline Of a. compared with Saturday. Michigan
Southern Preferred was in good demand, and had
rather an improving tendency the call. The Com
mon stock advanced | p cent. Michigan Central
opened at S. bu. wa offered freely on sellers options
and at the close was quite heavy Rock Island de-
clined I with Gales 10 fair extent. At the
Second Board there was a decidedly stronger
market, and better business in the leading
stocks. New-York Central, Reading, Galens, Rock
Island and Michigan Southern Preferred improved
fraction each. The most decided decline in Pacific
Mail and Milwaukee and Mississippi-the former Of
which went down to Oil, and the latter to b. The
fall in the Steamship stock is attributable to q report
current in the street to the effect that Commodore Van
derbt had threatened that unless the Company bought
bis steamers in the Pacific he should put on line him
telf and that IL consequence Of this the dividend
ticpated would be deferred. The hesviness in MI
waukee and Mississippi arises from the trouble in re-
gard TO the floating debt OF the Company, 70 which We
alluded yesterday. The complications arising from
this it feared may result in placing the road in the
bands Of the third mort gage trustees. The earnings Of
the read in October were s92 COO. In Bonds the bust
ness was not extensive. State Stocks were quite
steady, with but slight variation. Railway BOnds
were slightly better. La Crosse Land-Grsnts nd
vaneed to 26i. and were steady throughout the
day and Fond 6u Laos went up 10 l3E, an I'M
provement Of i, T. cent. The impression in the
Street seems be that prices have nearly touched
their lowest points for the present, and that with
moderate increase of outside support We shal be
likely now to have moderate rally from points now
ruling. Thsre is not as yet, however, any dis
play of energy the part Of operatJ for the rss
and but little to justify the opinions expressed except
the gradually hardening tendency of the market at the
low figures established The bank returns We're
rather more favorable than had generally been ans-
cipated and this probably had favorable influence
upon the business of the Second Board The closing
prices were for New-York Central, siasi.i Gaena
76; al; Rock Island, 65l a 65i Reading, 5la G5ls;
Hudson River, 32a32i; Toledo, 33i 03l; Erie,
LEI 0l7 Pacific Mail, lo5dlO5l; Panama, 1871
II91; Michigan Southern, 49, c23i; Preferred, 53d
53i; Missouri 6s, s94 a s9s, &c.
There is a quasi panic in the Foreign Bill market
to-day with large transactions Holders and drawers
have been very DESTROYS Of selling and the rates
lower and irregular Sterling is quoted at 81 az. for
commercial names and az! for banks and bankers,
with Gales of both descriptions at 81 p cent. Francs
are also plenty and lower the quotations ranging
from 5Is2 to 5I5 This viii stop the export of specie
TO Europe although the Persia will probably take
$500 600, which was engaged some time stree.
Freiehts are without essential change To Liver
pool 5000 bbls Flour at Is 81. Is. 4ld. 800 bales
compressed Cotton OF 3-l6d; Is tuns Clover Seed at
Us 3d.; 25 tcs Rice at l6s. To Hamburg, 800 bags
Seed per steamer at I'D. bushel, and 40 uns Meas
urement Goods at 40s To Bremen, 200 bales Cotton
&C.; 10000 light Pipe Slaves private terms.
ship Of 600 tuns from Charleston to Liverpool, with
Cotton, at l3-32d.
The Bank Statement on the whole is more
Favorable one than was generally anticipated especial
" in the specie item, but the continued increase in
the loan lice is certainly al unpleasant feature The
line is now larger than ever before reached. The
highest line previously was in August when the specie
stood at s3l $50 COO The increase during the week
past is over 100000 while the loss in specie is
Ii is not easy to discover how this increase
of loans has been accomplished, when the maturity OF
mercantile paper going on to large extent ard now
paper does not freely Offer The occurrence OF quarter
day accounts for the increase in circulation. With
shipments South and abroad of some forty-hve hum
bred thousand dollars in two weeks and the receipt OF
twenty-eght hundred thousand from California and
tie Sub Treasury the result Of the specie count is
considered to be quite favorable. The undrawn de-
posts show no important change. As tie bank bal
snces have been severely drawn upon the local de-
POSTS must show large accumulation.
The following is comparative statement of the con-
d,on of the New-York Banks for the weeks ending
- On .,J Noye,pbar &.