New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-11-17
COMMERCIAL MATTERS.

WEDNESDAY, Nov. l6-P. NJ.
The Stock market has been animated to-day with
general advance in the leading fances. AT the open
ing of business, the market not very strong, but
when the call reached Panama there was considerable
excitement and the rise in that stock Of cent from
yesterdays quotation had very favorable influence
upon the remainder of the list. Panama opened at
l2a against l2S Yesterday, and on the sales OF
about 900 shares, advanced TO 1929 after the OH
ca close of the session. There considerable buy
ing in of shorts, but the recent rise has been mainly
the result of the purchases Of parties who are well
posted in regard 10 the condition of the property, and
who were aware of the fact that favorable negota'
tons had been made with the Government of New
Granada for the extension Of the charter and prlv-
leges of the Company for thirty years beyond the
expiration of the present charter which has yet hiteen
to eighteen years to run. AS the New-Granadiah
Government had right 10 take the road at cost at the
expiration of the charter, this extension Is almost IN
valuable. As there serious obstacles TO the
reopening of the Nicaragua route, prominent one
being the filing up Of the harbor of San Juan, mo-
nopov of the carrying trade between the Atlantic ana
Pacific would seem 10 lie for number oil years az
least secured to the Panama route. AT the Second
Board the Stock advanced TO 1884, short sellers option,
an advance of about 10 = cent within the week. Az
the close II was scarcely strong and the rapid adj
vance will probably bring ont Stock tomorrow
Pacific Mail was steady at 73sa14, about previous
rates. We give below the semi.annual statement
Of the financial condition of the Company, from which
II supears they have surplus of 81 0l3l5S of which
about 500 600 is in cash securities and Sl26 800 in the
stock of the Company. The profits OF the past SIX
months cannot be gathered from the statement but are
understood to be about $4,000 of which 500 oOO 10 IN
terest upon investments. New-lork Central was hrni
during the day. selling high as 500, but afterward
falling off to sOa. The road, it is stated, has
business enough employ every wheel OF Its equip
age. Hudson River was very buoyant, and touched
&c., In the Western shares there was more move
ment than Of late and the market in some cases was
considerably better. Illinois Central advanced
cent and Michigan Central y cent. Rock Island
was also firm. In the Bond market there was more
activity and the market was stronger. The closing
quotations show yielding from the highest points
touched: Virginia g. 93l a93i Missouri &C. Sii SS5
Canton Company, II Is; Cumberland Coal, III al4i
Pacific Mail, 49, a73;; New-York Central Rail-
road. sO9 aSOJ; Erie Railroad, n oil Hudson River
Railroad. 39a3e; Harlem Railroad, lOSlO4i Har-
lem Railroad Preferred 36i o36l Reading Railroad,
49, $50; Michigan Central Railroad, 4l1a4ls; Miehi-
gan Southern and Northern Indiana Railroad, 6ia64;
do. Guaranteed, MANI; Panama Railroad, 1910
1885, Illinois Central Railroad, 62l a62li Gaena and
Chicago Railroad, 7a2s72i Cleveland and Toledo
Railroad 2Oi 1906 Chicago and Rock Island Railroad,
CO 1851; Illinois Central rs, s5aS5l.
The market is quiet for foreign bills at previous quo
tatons.
Freights to Liverpool, 800 bales Cotton at 3-l6d.;
200 boxes Cheese at 25s. 200 tes Beef at IS. Cd 300
bbls. Flour at 2s 800 bbls. Rosn at %. 81. To Lon
don. 500 bbs. Rosin al IS. Y $50 ID 200 bbls West
India Fruit at %. 3D.; so hhds. Taow at e5s. brig
OF 80 tnns from Cedar Keys to New-York with floor
inc boards at g IS. vessel of 400 uns from Rio TO
New Orleans private terms brig of 200 tuns to
north side of Cuba and back at CSC. for Sugar. 80 for
Molsscs, and &c. for Melado, foreign port charges
paid vessel of 100 tuns TO Spanish Main and back
for Fl 600 port charges paid vessel home from ST.
Mark with Cotton at se.
The business of the Sub-Treasury was: Total Re
eeDts sl6e.772 .s-for Customs, SIS, 0OOi Payments
sa59. 900 So Balance, s., 499, S2i Sc.
The earnings of the Erie Railroad for the month OF
OciobeI ISIS a.
Esrnnzs October 49, %
Increase. .........'. :. ..''''''' 49,