New-York daily tribune., 1858-11-16
ArCIIOG Sal
MONDAY, Nov. 15-P. n.

The Stock list shows material decline from closing
prices Of Saturday for mos. of the leading shares the
Western roads particularly suffering under the dis
couraging statements made in regard to present and
Immediately prospective business, and the Eastern
lines sharing, to some extent, in the depression, not
only from natural sympathy in market values, bat
from the apprehension Of diminis ned business under
the operation of the causes which reduce earn
ings on their feeders and connections. Possibly this
last item may have bad undue influence, and the
results may be better than is generally anticipated;
but estimates way are just about as reliable
as the other and the actual figures are worth more
in the calculation of profits than all the fne-spun
reasoning which is advanced on the subject.
The sales Of New-York Central at the first Board
reached aggregate of about 300 shares the quota
tions closing at Ss More than half of the trsnsac-
tions were for regular stock Rock Island was next in
point Of activity the sales embracing $500 shares;
the lowest sales of the morning for oash stock were at
co., but between the Boards and in the afternoon the
transactions were at O marked decline, the quota.
tio1s at one time touching Gil. The earningo of the
first week in November show very decided decrease,
az per statement below, and this fact, which was
known to some extent in the afternoon, may have had
an eff.ct upon the stocks Gaena sOld down to
722 in the morning, and at ia in the afternoon,
=
The letter of Mr.. Turner, the President, which ap-
pears in of the evening papers, gives rather
sorry estimate of the months business, but is not
creditable TO the author. however true it may be.
Reading shows less decline than a majority of the
stocks active for speculation but toward the close of
the call gave way decidedly, and at the Second
Board was done at 493, though better again later in
the day. Michigan Southern, common and guaranteed,
Toledo and Erie all lower, but not very prominent
in the transactions Hudson River, Illinois Central,
Michigan Central, Pacific Mail and Panama
comparatively steady, but rather inactive. We no.
tico material improvement in Cumberland Preferred,
which sold up TO OF al the Second Board and was
in fair demand. Albert FreestOne, the stock recently
introduced at the Board sold at 81, In Bonds fair
and well-distributed business transacted during
| the day, and generally at full prices The Second
Board dealings resulted in marked depression for
most of the leading stocks but just after the adjourn
ment the feeling seemed 20 change, and a moderate
rally ensued, but scarcely sustained in the latest
transactions The closing prices were: For NewYork
Central, 81 asls Erie, Isl l6; Hudson River 32i
| 032l; Reading, 5ol 5oa; chigao Central, 81 "a
SO; Galena, 7iiS72 Rock Island, 6ll la6ls; Toledo,
3l!93ls; Michigan Southern, 22a2l; Preferred, 50t
| a50l; Harlem, 10, al2s; Cumberland. 81, a22l;
Panama. li9al20; Illinois Central, SOaS0, Missouri
6s, S9i aS9i, sc.
| The market for foreign bills is moderately active
and rates heavy. Some drawers asking 81 for
sterling but first class bankers signatures have been
sold at y cent. Commercial bills plenty at 81 a
81 for prominent names, banks end bsnkers 81 a9 v
| cent. Francs are 5.20G5l5
Freights continue dull and rates are quite nominal
To Lverpool: Cotton at Id; 800 bbls. Rosin at o.;
900 bbls. Pork at %. Sd. To London: 80 bids Mary.
land Tobacco at Us 3D.. so boxes do $50 It each at
- Cd. To Antwerp: 100 bales Cotton a, &C.; 400
bales Hemp at ic. To Bremen: 10000 light Pipe
Slaves at $50. A schooner from Port Even to Alta
kapas with Coal at g IS.
The business of the Sub-Tressury was: Receipts,
$ll5,i3S 6s-for Customs, 81 OO0 Payments, $2.7,-
047 600 California Drsf,s Balance, s. 697,-
9C9 Is.
The earnings Of the Pittsburgh Fort Wayne and Chi
cago Railroad, during the month of October were as