New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-12-08

There was larger activity at the Stock Board to-
day. but at the opening the market was heavy, with
the appearance Of further decline. On the second
call however there was q sudden increase in the de-
mand for the leading faaees, and better feeling was
eyinced The demand, however, appeared to come
mainly from parties who had an interest In sustaining
the market and from the shorts to take advantage OF
the recent decline to the contracts. AT the
close of the First Board the market firm, although
showing much speculative force. AS far can be OBJ
served rbe movement of the street today with the
exception of the action in Panama at the Second
Board, has been confined almost entirely TO
the obbers of the Board and street operators The
commission houses generally complain of great scar
CITY of ORDERS Pacific Mail was buoyant in the morn
ing opening at 49, and running up to ~ upon vague
impressions that something will be done
later TO arrange matters with Mr.. Vanderbilt We
cannot ascertain that for the moment any proposition Is
being entertained by either parry. The most sensible
proposition to give up to Mr. Vanderbilt the Atlantic
end of the route has, we hear, been time since
rejected by the Pacific Mail. The business 10 New
York Central was quite large, and the quotations
advanced to SCI. The impression in the street ap-
pears to be gradually settling upon 81
cent as the amount Of the February dividend
and that the Directors will decide to declare hereafter
only p cent annually, retaining any surplus for
working capital 1t is notorious that this Company
has been obliged to borrow or less money, in an
cpaton of receipts for the payment of ts dividends,
and this il is considered desirable to AVOID in future by
the accumulation of a surplus. Hudson River was
fm but Reading scarcely sustained yesterdays price
In Western shares there was activity, excepting in
| Galena and Rock Island. The former recovered
y cent of yesterdays decline, and the latter
| 10 Roekfnr1 Road ms
| charge bad faith upon the Galena Road,
and have gone into a bitter competition. A
paragraph below, from Tf Chicago Democrat,
gives the latest advces from the seat of At the
Second Board the only important feature the fresh
| movement in Panama, which advanced TO 1911, from
1921 yesterday. The improvement doubtless grows
out of the large business Of the Company, $780,
600 in October, and the prospect of its continuance
under the abandonment of negotiations with Com.
Vanderbilt Erie took anew start and sold at 81. Its
expected that the Persia due, will bring the re-
spouse to the report of the English Committee, and
large subscription TO the scheme of arrangement. Hi
nois Central was firm, with but little stock offered.
circular TO the stockholders Is being pre-
pared by the Company marking out its policy,
and its prospects, The determination to make calls on
the stock intead of resong to the temporary expe-
/
one which should have been earlier adopted. It would
! baye been so adopted if the home management had
been lett untrammeed by the English Committee. The
downward tendency of Virgiuias and Missouris con-
tinues and the laer, especially are pressed on the
| market. The transactions in the two descriptions
reach slO0 eco, Vrgnias selling as low as 81 seller
Sky and Mssours 80. The interest due in Janu-
airy on yirginias in London has already been for
warded. The funds for the company payable
here are expected by the 20th. Railroad
bonds are steady bui inactive, excepting
| Ere in which there is considerable speculation.
Tie seconds sold to the extent Of GOO at go and the
FOurtbs at 50. The unsecured bonds are held at 80.
The general market after the regular session Of the
Second Board was dull and heavy, and quotations Of
the prorniI faDcies t04 y cent lower. Central
sold at 30 regular at the lsst moment. The closing
prices were: For Virginia e. 81 1921; Missouri6s,
s3as3l; Pacific Mail 74074i; NewYork Central
Railroad soasol; Erie Railroad, 9eel; Hudson
River Railroad, 4Osi0li Harlem Railroad, 9I99i;
Bsrlem Railroad Pref, 354 35i Reading Railroad,
4l all Michigan Central Railroad, 1911 0394; Mich
| igau Southern and Northern Indiana Railroad, 81
/ al Michigan Southern and Northern Indiana Guar.
abteed, I7JsI7i; Panama Railroad, l3il q 1915;
Illinois Central Railroad Sc e56I Galena and Chicago
/ h1uINdu Wbltf N3CftHAid am ASiSNp &s-ANN~'t
| lss al9i; Chicago and Rock Island Railroad, OFT q
| eli Illinois Central Is, 81 asii.
| The market for Foreign Exchange is quet, and
rates tend downward. For bankers Sterling the rates
are 1872 q 1899, Commercial and Southern Banks iOs
| 9lG9i; Francs are 5.l7t e5.lj.
Freights-To Liverpool: 800 bales Cotton at I'D.
TO-; SOC boxes Cheese al 39s. 1900 bbls. Flour al
"a 3d.; 1900 bushels Grain, mainly at DID, in buki
| leo tes Beef at IS. 3d. % boxes Bacon at 2s. 3D..
| GO iuns Oil at 2js. To London: 50 tuns OH
! a. &c.; $500 bbls Flour at %. 3D.; DO
email tes Beef at ST. 3D.; 500 large do at &c. 81. To
Glasgow, by vessel: 3,J0e bbls. Flour at - Cd. q
- 3D.; 100 bags Seed 30s.; and per steamer 1000
bbl. Flour at 3s as. 3d.; 200 bbs Resin at IS 3d..
6C09 bushels peas 3d. in bags 100 Beef at Sc.
The business of the Sub-Treas1ry was: Receipts,
s56,462 %; Tor UusIons, $4,000; Payments s2ii,
6is So; Balance, s5,7i2,oO9 o..
| The steamer to-day took s672,500 in specie, con-
siderable portion OF which was silver The election Of
Directors Of the Central Road takes place the 18th
/ ina The North American Fire Insurance Company
has declared sem-annnal dividend offs y cent, pay
able on demand The Controller OF this city invites
proposals I'LL January 7, for $4,000 Central PARK
Improvement Fund Stock of 1857. The interest Is to
be y cent, payable quarterly. The January in
ieres on the State debt Of Ohio Is in the Treasury and
viii be promptly RENTED here for the payment tue