New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-11-02
sECnNp board



tent, and the market opening heavy, exhibited more
frmness the call proceeded There not, how
ever, much disposition shown TO operate with energy
either for the rise fall. few sellers options
put ont in Pacific Mail and Panama, but generally
there was appearance of a willingness to sell freely.
The fluctuations of the market have recently been
small that there is but little attraction presented for
large options either way. We cannot perceive that
any clques at work for the moment,
but the increasing ease OF money will prob
ably lead TO such movements, more especially
if lower points should be touched New-iork Central
was well sustained to-day without large transactions,
and closed about y cent better than Yesterday. The
indications from Albany that the Directors hope to
be able 10 put the semi-annua dividend in February
again at b cent. The movement in Erie Is ncreas-
ing in value, and the market advanced TO under
speculative purchases based upon the probable sue
cess of the new scheme OF management. We hear
that some important signatures have already been OBJ
tanned to it, including the English Committee. The
securities of the road also doing better; for the
Convertible and Sinking Fund bonds2i is bid Fourth
Mortgage A. bid, Third Mortgage 10 bid, Second Mort
gage 75 First Mortgage 81. The transactions
in Pacific Mail Were larger than usual
and the market had a downward tendency in the
morning. IL is considered now extremely doubtful
what will be the action of the Directors in regard to the
dividend which has been expected. Ii would certainly
be bad policy weaken the cash resources of the
Company in the midst of such a powerful opposition
as il is now encounterng, and which at present
there appears to be not the slightest chance of es-
Gaping from. This Company as well the opposition,
must be losing heavily its current business and the
opening of the Nicaragua route, which Washington
/ ,Jo,,. hal Ia. ,;.ad
derbilt will only compicate matters by giving him a
route where at least Sl5 per passenger can
be saved in the land transit. We have reason to be-
eve that some of the members of the Pacific Mail
Board entertain the views we have expressed,
although it is possible that they may consider the
claims of the stockholders to dividend from back
earnings paramount. Panama was heavy and was
sold to some extent at i2l seller sixty. In the
Western shares the market was generally inactive, but
strong Southern guaranteed especially strong and
improved 10 IL. State stocks Were fairly active and
steady At the Second Board there was an improved
feeling although the market was inactive, stocks
generally were higher AT the close but with
little or no disposition to operate. Pacific Mail
improved to "a and Panama to l22. There was but
little done after the Board excepting in Central, Of
which few hundred shares were sold at 500 a 30.
The closing prices were: Virginia O., 81 49il Mis-
sour g., s. dSj!; Canton Company, lSalSii Cum
berlard Coal Company Preferred ~ Iii; New
York Central Railroad, s0l aS0,; Erie Railroad,
81: Hudson River Railroad, 80 36l; Harlem Rail-
road. Q; lot; Harlem Railroad Preferred 81 36l
Reading Railroad, 49, asst; Michigan Central Rail-
road 400 ios Michigan Southern and Northern lndi-
ana Railroad, 5; 6; do Guaranteed, Ia 10; Pan
ANA Railroad, l2?! 100. Illinois Central Railroad,
65l a &C: Galcna and Chicago Railroad. 73i 473l;
Cleveland AID Toledo Railroad 20, 400 Chicago
and Rock Island Railroad 60, a g. Ilnoi, Central
Bonds. sii ass; Market, Il az.
There is better supply of outside Sterling on the
market and the quotations show a decline OF about J
q cent Prominent signatures can be had at ll0i and
probably large bill would be drawn at 10. Com
mercal signatures 100, l09l and Southern banks
IO9- ale. The movement of Cotton al the South il
now quite active the number Of vessels loading being
30 y eeu- larger than at this time as year, and the
receipt. the shipping port. being largely in advance
of la,s year. The Exchange market must soon feel
the eject Of this movement.
Freigh'- 70 Liverpool, 400 bale. Cotton az 5-32d
3.6d 100 boxes Cheese per steamer az ios.i LOO
bbl.. Flour ar p. 70 London, 80 ttns Ol-Cake, in
bags at rs Cd 2Oo boxe. Cheese 'per vessel at iOs.
100 bbl,. OlCake at 81. Oh. bark Of go tuns TO
| Bordeaux and back for $4,000 The ship Seanans
/ Bride 10 Hong-Kong snd Shanghae private terms
Bark Golden Era 800 bbl,. capacity. % Valparaiso
for p 900. vessel Of - 10 load at Philade-
rlia for Wes. India Island. for $1,000. ship OF
so tuns from The wc,, coast of Central America 70
New-York. with Wood, At sl6 p tan.
J The business Of the Sub-Treaslry Wa: Receipts
s-O.ls7 l6-for Customs 500 600; Payments, sl@, =
/ 800 o.: Balance, si,6Sl,O s..
( We annex comparative statement o. 'he Es2or'
exclusive # specie from NewYork TO !9reign ports,
| for tie week ani since Jan. l.
1857. ISIS. 1859.
! For ttc Ueek i.E4.j5i -,J<I' 80. -
| Previously reported. - =. e., s'T5E" @'.@''i'
since jan l..... s5ay-e,ee5 -j2l2S'H- e9Si'"7
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