New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-12-13

TUESDAY. Dec. l2-P. NJ.

TUESDAY, Dec. l2-P. NJ
Before the Board commenced its session this morn
inc there buoyant market a. the street corners,
and the barometer of speculation New-York Central
attained an altitude of 1856 and the bidding for other
leading stocks eyinoed cheerful and hopeful Tone The
First Board opened with the same improving temper
tending through the calls State Stocks and the early
sales of New Central but from this point there
was less strength displayed and the first transactions
on each call In most the best. The dealings
in the shares of our local Railways quite moder
ate in extent but for Erie and Hudson there was
good inquiry, at advance of lGll cent over the
closing quotations of Yesterday Western Stocks were
better also, but somewhat irregular. Michigan Central
advanced to az, but was lower at the close. rumOr
had currency in the to the effect that this Com
pany had declared q dividend 81 Z cent but have
reason to believe this to be error and that no
action has yet been taken by the Directors
Illinois Central was one of the most active stocks of the
day and the first sales were at 59I an advance Of
per cent as compared with the closing prices of yeser
day. The stock freely supplied at this point and
at the close of the call the quotation dropped back to
5S1 Galena opened at GO, but done at GIG in the
last transactions Toledo steady at 233 d23 but
after the session was sold TO fair extent at %. The
earnings Of this road navigation approaches its close
make favorable exhibit. At the Second Board the
market was active, and in instances better than
in the morning. The most decided change was in
Erie, which advanced to 293 under a quick demand
Hudson River, Reading and Toledo also were quite
firm at quotations, and the tone of the market was
steady throughout. We notice much better demand
for railway bonds, and in some instances marked adj
vance. Hannibal and St. Joseph Railroad bonds,
which sold yesterday morning at 3d. went at 50 at the
ID 10, ID 80
a. cent The low prices have evidently brought
in orders for investment, and the supply
Of bonds in the street is limited. One Of
the features of the day is marked, and, in
some instances, troublesome scarcity of stock Erie
particularly has been in great request for immediate
delivery, and the applications TO borrow have been
numerous throughout the street. Between the Boards
the cash stock sold 80, after closing at y in the
morning. 800 shares Of this stock went to Europe by
the Boston steamer to-day, and additional lot Of
1900 shares will 60 forward soon as the foreign
exchange market admits of fair negotiation of the
bills to be drawn against it. Gaena and Illinois Cen
tra were also quite scarce. The advance in prices
to-day has no doubt been considerably stimu-
lated by this scarcity and the forced purchases
of the shorts who have become unwil-
ling BUYERS and the strongest supporters
of the market. The short lines for some time past
have necessarily been put out on brief time, or
bv sales of borrowed stock account Of the great
reluctance in buying thirty and sixyday options, and
il this way the bears have Oversod the market in
awkward way. The foreign news by the Europa was
construed favorably-at least negatively sO-he ac-
counts far be asceraned from the brief dis
patches not looking gloomy anticipated Poit
cal matters have been much discussed during the
day but we hear from source that the feeling In
Washington is more hopeful; while from another we
understand there il hope whatever. There is but
one thing certain viz that great difference OF opinion
exists. The closing prices were for Tennessee State
S. 7CI 47S Virginia State g. 07S; Missouri State 6s,
$500; Canton Company, 1874 GH; Cumberland Coal
Company, 84SlOi Pacific Mail Steamship Co., 7S0
795; New-York Central Railroad 73i a732; Erie
Railroad, 2Sl a29 Hudson River Railroad, 1910;
Harlem Railroad, 49, a IL; Harlem Preferred, 32I a
80; ReaingRairoad, 331933l; Michigan Central AZ
OH; Michigan Southern and Northern Indiana, l22
OBJ; Michigan Southern and Northern Indiana Guar
anteed, 2SaSl; Panama Railroad, llall2; Illinois
Central 81 ISL; Galena and Chicago Railroad, 6l40
6l3 Cleveland and Toledo Railroad 23l a2i; Chi
cago and Rock Island Railroad, 462S47i Chicago
Burlington, and Quincy Railroad, 6ia66.
The market for foreign exchange is firmer but the
amount of transactions is quite limited. The quota
tions nominal.
F1eights: Rates are again lower. To Liverpool,
1900 bales Cotton at 9-32d. 05-l6d the inside rate
for compressed at Brookyn 1900 bbs Flour at s. 3d.
9Ss. 4ld.; 5000 bush. Wheat at l2al2ld. in bags,
chiefly at I'D 80 900 bush. Corn at Id in bulk; 40
boxes Bacon at BIS Cd 200 tcs Beef on private terms
and 500 boxes Cheese 45s. To London, 900 bills
Flour at 4s 300 tuns Oil Cake in bulk and bags at 3s
Cd 100 tcs Beef at o.. 80 boxes Bacon at 4Os and
80 tuns Tallow at 42s Cd. To Marseies 40 900 Light
Pipe Slaves on TrivVe terms. In charter schooner
of I6O tuns TO load az ST. Mary with Lumber for Trim
dad port, of Spain, al $l2 q LOOM.
The business Of the Sub-Treasury Receipts,
$50 $50 2O-for Customs, $2S,O0O Payments, s7l,-
4O7 l6; Balance s. ga 100 so. The business it will
be seen, ID very light.
The following is approximate statement Of the
earnings Of the Pittsburgh Fort Wayne and Chicago
Railroad Company during the month of November,