New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-11-24
axcosD HOARD.



Movements in the Stock market to-day have been Of
very exciting character, although not extending to
majority Of the stocks generally active in the specu-
lative operations of the Stock Ex hange The most
interesting feature of the day developed Pacific
Mail which, from small sales at the First Boards Isl
at the start advanced with rapid and vigorous strides
10 IS in the afternoon. The sales at both sessions
Of the Board reach aggregate Of LAO shares,
and the private sales would probably carry tho
number above 6,O00 The movement has beea
20 sodden AID irresistible and the Of
il have been 30 little known or understood
at the Board, that ii has had bewildering effect
upon nearly all Of the operators. Even now,
alter an advance of more than 10 cent in two days.
no one seems to be clearly informed of the reasons for
such a rapid change in market value The most cred
ibe report however is that negotiations for settle
meot between the Company and Conmodofe Vsnder-
bit are progressing; but this seemsto be matter
of great doubt and the Pacific Mail Co. directors do
not appear be informed about It. II certain, how
ever that large purchases have been made with conf
dence, and with but little regard 10 the prices paidi
and hence the conclusion that como favorable
point either in regard 70 settlement or q
dividend is at the bottom of the movement There Is
no scarcity of stock and il II evident that efforts
baye been ma le TO make 1" corner" even II such
| project practicable. The next in importance in
the business Of the day the transactions in Hud
son River which, from being rather dull in the Market
! has become very active. rhe fret sales Of the day
were at 42i, but this price not sustained, and
the second call the stock wac sold down 10 All at
which 1t closed steady. In the afternoon the bids
| were higher again, and the stock not offered
under ~ The steady increase of business on
this road, and the certainty Of constant growth in
its local traffic give the stock attractive fea-
ures for investment aud speculation than most Of the
always on the list possess and is well known aLso
that under SUSTAIN Of economy in the past ac-
count the net earnings Of the line better than
the gross receipts would INDICATE. The business in
Panama large, but the stock seems TO have
point beyond which is difficult TO name prices. The
first sales Of the Gay at 1877 but the stock came
out freely and quotations broke down TO l36 at the
coee Of the call which Il offered freely for the
rest of the day. The last transactions were
at 1851. The operations in these three stocks have
monopolized large share Of attentan at the Bard
and the stock market seems TO have received its i'm
petus almost entirely from these exciting movements
New-York Central very firm, and had M ia
proving tendency during the day, but these stocks
moved with steady and gradual psce, and there
bot little Of speculative excitement IN il. The highest
price touched was 81 at which Il closed in the AFTER
noon. The Western shares were generally neglected,
and Galena ia which the transactions were tie
largest, was actually heavy at both Boards,
at decline Of v cent from closing prices
Of yesterday. This is attributed TO an impression
which gains ground to the efe that the business OF
the road will presently show very much diminished
ratio of gain over ast year. that the bulk OF the
wheat crop has been moved to Chic .go Rock Island
was not much dealt In, bat the stock was very hrm
during the day. and in the afternoon, the sales were
at e3i an advance Of cent. In Michigan Central,
Michigan Southern, and Toledo, there was but little
DOING and the changes were not important as com
pared with yesterday. The movement In Read
ing, which commenced with q show Of vigor yes
teroay, was not important to-day, and tbs
stock, after selling at 3ei, became rather dol.
There was more inquiry for Erie, but the sales were
small. III Bonds there was fair business, aud both
for State Stocks and Railway BOnds priees were
6rner. There wss an active demand for the various
issues Of the Erie Railroad and an advance Of from
a II p cent in each Of the mortgages, compared
with closing quotations Of yesterday The dealngs al
the Second Board were not large, except 10 Pacific
Mail but the market had strong tone except for two
or three of the Western Stocks. There sales Of
Pacific Mail after the adournnent at S5l. The closing
prices were: For New-YoFk Central Railroad, 81
81; Hudson River Railroad, Al az; Erie Railroad,
Sasl; Reading Railroad 30 S39i; Michigan Central
Railroad, S4li; Michigan Southern Guaranteed,
BIaEi Panama Railroad, l354el35li Ibnois
Central Railroad 6cI s6l; Galena and Chicago Rail
road 72a a72f Rock Island Railroad, 633 81; Cleye-
hand and Toledo Railroad, 2GIa@l; Pacific Mail,
Steamship Company, s5iSs6; Missouri &c, STA
81, sc.
There Is variation Of importance in ths Foreign
Exchange Market aud the transactions have not been
large. Rates steady 81 lo9i SIl0 Tor Asriing--
tanker bills-
In Freights 70 Liverpool, 800 bales Cotton st 3l6d
07-321.; and per steamer, 200 boxes Cheese, st
5os-; $50 tes. Beef De- Cd; 300 bbls. Pork ct 5;
and 200 boxes Bacon, al los. To London, zoo tos-
Beef, at -. To Bremen, 200 boxes Tobacco, ct Ds;
80 bbls. Ashes, at -. Cd 800 bbls- Rosin, At "a ID
vessel Of go tuna, from Norfolk 70 GsadeluPe with
Slaves, at sls vessel Of 10000 feet capacity from
Norfolk to St croix, with Lumber, at sil %. A
vessel of i2,Ooo feet capacity 70 Turks island and
back with Salt at he vessel Of 20 tuna, oct 10
Bermuda, for ssoo port charges paid. A vessel OF
900 TINS. out 70 windward, q; SIS d70e. 2 bb.