New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-10-08
SATrRnAY. Oct. 6-P. N.


The quick rally of Friday brought in quite mum
Der of orders to realize from those who were fortunate
enough TO buy at the low prices Of Thursday and the
result was declining market for the day. The down
ward movement was as usual accelerated by the ham,
meripg of the bears who always show the greatest en-
eIgy in their operations when the market displays
signs of weakness. The Rock Island affair has Tor the
time ceased to work against the whole market; but
the light receipts Of wheat at Chicago caused by the
obstinate holding back for higher prices ~ the farm
ers considered unfavorable for the traffic returns OF
October, and this temporary sackenng Of the crop
movement is iDjuriousy turned into plausible argu
| ment against Western railroads. The movements for
decline have been especially vigorous within few
days. and the rauks of the bears have been consider
ably recruited This addition to the numb of opera
tors for the decline is rapidly increasing the short inter
est of the street. and it bids fair TO attain volume
enough to bring its own recoil In this way the
market was very much oyersold on Thursday, and
the rally OF Friday was partly the consequence The
decline to-day extended nearly through the whole lst-
Hudson River being about the only exception. The
Western shares sold freely on sellers option con
tracts upon the anticipation probably of moderate earn
iDgs in the fret week of October. The Galena road,
which s now bringing into Chicago from onethird to
l,
is marked down with the rest and the Michigan roads,
which can hardly fail to show very good increase go
down with the southwestern lines which had fair crops
in 1852 Toledo was one Of the most active stocks of
the day, and one of the most theoretically hammered.
This il mainly of the unusually large short
interest in this particular stock. The movement to
fund the floating debt of this Company ia quite unsat
acto1y to this interest but makes very good progress
A. In liant ton uho ia in
the city, expresses confidence in the ability of the
Company TO resume dividends in the Spring if
this measure can be carried. The bond market is
rather inactive, but there is well-sustaned demand
for the mortgage issues of the Erie Road and those Of
the Hudson River are also very firm. Michigan South
ern ID mortgage cold at 63I which is an improve
ment. There was also better disposition to buy
other railway bonds, which of lats have had very
dull market, but the bids were below tle views of
holders, and the transactions were email. Between
the Boards prices were lower ard at tie Second Board
were coTespondingly under the morning quotations
The market was rather lower throughout, but the
strong efforts TO break prices not successful
might have been expected taking the rapid advance Of
Friday into the account. The market closed dull but
steady at the following quotations.: United States u.s.
1874 lO2. 1921; Virginia Stats Is, 81 a9li; Ton
Dessee 6s, 9Ol a9Oi; Missouri 6s, 77!a78 Pacific
Mail, 81 ss7I New-York Central SSi $50 Erie Rail
road 3Sla3ss Hudson River Railroad, 63IS6ii
Harlem Railroad, 21s d2ll; Harlem Preferred, 5O0
5Oi; Reading Railroad, DC! a46l; Michigan Central
6Sl a68s; Michigan Southern aud Northern Indiana,
2l!a2ll; Michigan Southern and Northern Indiana
Guaranteed, fIef2; Panama, l25al25I; Illinois
Central SLASH Galena and Chicago Railroad,
~! a74I Cleveland and Toledo Railroad, 45I a Isl,
Chicago and Rock Island Railroad, Q7l1 Chicago,
Burlington, and Quincy Railroad, 80 49, Illinois
Central Is, 81.
The foreign Exchange market ia dull, and the ten'-
ency to lower rates. Sterling is quoted nomnally at
100 to 1921 for bankers bills with sales at the lowest
quotation given. The Adriatic took out $685. 900 in
specie, and the Edinburgh $l7 ,GSi.
Freights: TO Liverpool 800 bales Cotton ut SIG
a7.32d.; 300 900 bush Wheat, including four ves-
,els at l2I in shippers bags. and I'D. in bulk; 600
bbls Flour at ST. &c. 3D., and 500 boxes Cheese at
ASS. To London, 1000 bush. Whea. at I3ld., in
Usgs; 200 bbs Flour at g. Ga d3s I'D, and 900
boxes Chsefe at JOs. To Gllsgow, 800 bbs. Flour
On private terms To Bremen, 100 bales Cotton at |
10. a schooner Of $50 tuns to the West Iudss aud
back for 81 400 port charges paid. bark of go
tune, TO Gulf port and back, for SO 7OO and YES.
le Of 200 tuns from Southern por. TO Jamaica with
iiDtI dt gro NJ" ioilo WIN i-tSNOVu, ~ a. y iuu.
The business Of the Sub-Treasury was: Receipts.
s2i6 02l O3-for Customs $ll goo; Payments 500
)32 80; Balance, st,99l, so %.
TIE Money market Is easier to-day for call loans
aud the stock homes gtD'rdy report free supply Al
y cent, with exceptional transactions at lower rates.
For paper the figures are unchanged. The Banks will.
erhaps, show a reduced line Of discounts the week
Nd the statement will, probably be called satisfactory