New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-05-18

THURSDAY, May l7---P. N.

The Stock market opened this morning with firm
feeling, and with the appearance of further rise, until
the call struck Pacific Mail which experienced Sc
we're and unexpected fan Of cent from yesterday
and with which the whole market or less sympa-
thized. No other reason is advanced, even by the
bears, for the decline to-day than this remarkable
spasm in Mail and the sales of other stocks consequent
ihereupon by timd parties The market was in one
Of those throes which are not unusual in speculative
periods and from which the recovery is generally
very rapid. In the mean time there is much hesita-
ton on the part Of operators and irreguay In quota
tons and time is required to bring the current OF the
market 10 an even flow. Several reasons were curren
In the street for the sadden decline in Pacific Mail
none of which appear be sustained by positive ev
dence. rumor was current that the Mail Company
had lost steamer but Of this loss the Company itself
knows nothing. Another was that q new grant for
opening the Nicaragua route had been obalnedi but
this we believe TO be without the slightest foun-
dation. Another was that some misunderstand-
ing existed between Com. Vanderbilt and the
Mail Company. We think we state with certainty
that this rumOr has little foundation az the former
Another that Messrs Brown Brothers had sold out,
but not vet delivered the 500 shares received IN pay
ment for the AdIiatic cannot speak with as much
certainty about. We have some reason for believing
this may be true. III any event, the movement IN tins
stock has been very cratic usuasufcienty SO to
deter prudent operators from dealing in II, either Tor
the rise or fall Panama sympathzed with Pacific Mail
and sold at 49, closing l39 bid Pacific Mail opened
ab7 and after very excited market soldas low as9Vi
after reaetng and selling high o. after the SEES
sion of the Second Board. The whole market was
affected unfayorably during the day 10y the excep-
tional movement in Pacific Mail but had improving
tendency at tie ,close. The latest quotations were
United States Is. 1874 1881 1887; Indiana Dr. 81
9ll: Virginia 6s 81 a92l; Tennessee o., 9l4 G9lsi
Missouri 6s, si1oS4s; Canton Company, 2ll a2l3;
Cumberland Coal, l4al4l; Pacific Mail, 92l 093;
New-York Central Railroad, 50 aS2li Erie Railroad
e9l a 2a2; Hudson River Railroad, 46l iG3; Harlem
Railroad 1913; Harlem Preferred, 39l a 40; Read
inc Railroad. AZ 49,; Michigan Central Railroad,
ASals1. Michigan Southern and Northern Indiana
Railroad. l2lal2l; do. Guaranteed, "a! =;
Panama Railroad, l39 1885,; Illinois Central Rail
road co. a COZ; Galena and Chicago Railroad, "a.
a6A2. Cleveland and Toledo Railroad, 3Os 03Os
Chicago and Rock Island Railroad, CO. 6el; Illinois
Central Bonds, 9Oa 90I Pennsylvania Coal Company,
S4Ias5I; Chicago, Burlington and Quinca, 12G'24'
The market has not opened for Exchange Tor the
Saturday steamers but rates Misunderstanding,
IO9S1O9i; Francs, 5.l64 a 134.
Freights-To Liverpool: 80 ties. Beet, a, L.; 100
bbls Pork, at D. 3D. 900 bbls. Flour, at IS; 2ooo
bush. Wheat in bulk bags 3D.; 10000 bush Corn,
at I'D, in bags; 200 bb Rosin, at Is lOd; Z" hhds'
TalIow at 22s Cd, and per steamer, looJ poAe
Cheese. at 4Os and 50 hhds. Shoulders. at 31s Ship
VILLAGE Belle TO Glasgow with GRAIN at 3D. IN ship
baes vessel OF 200 iuns gulf port and back LOT
81 800. port charges paid. vessel OF 800 tunS 70
Turks Island and back at 12s. y BUSH OF SALT Vessel
Of 200 uns 10 jacksonville and back, al $500 = iee'
Of lumber. Vessel Of 400 bbls. out 10 wind"ard ioi
$3.50: one Of 80 tuns home from South side CUBA ~
4Oc. for Sugar and 80 for Molasses vessel OF ''v
tuns 20 South Side Cuba and back and schooner o.
~ tuns from an Eastern port 10 West Indies and DA
10 New-York, on private terms. vessel OF Ilo '"i'
from British Provinces Jamaica, al - q vi lee' vi
lnmber out, and 81 y tun Of logwoOd home
The business Of the Sub-Treasury was; Receipts
&I3i,779 3O-for Customs, slO5,O0Oi Payments, sioo
7I0 81; Balance, $6,875,3S7 80.
The Illinois Central reports IL second weeks earn
iDgs for May az follows:
Ig0. f54OD
@z'o
IHeTease....-........s'...'..' '.'s.'.'..'% ZliIH
Equal TO % q cent.
The earnings Of The Galena and Chicago road th'
second week Of May, are as follow;
1s60.....-................. $3.50
lSs9.."........."...ssss's.'''' $40 49,
Decrease. NEUTRALITY-SUSPICIOUS. Ps'oSD
The traffic Of the Great Western Railway OF oAn""
H.. ,t.a wsek ending NAV Al yas as fViIows: