New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-11-23
THURSDAY, Nov. 22-r. ".

THURSDAY, Nov. 22-r.N
There wac a moderately active Stock market this
| morning, with general tendency to improvement,
which was not however fully sustained at the close
The bold action Of the Banks last night which pract
cay WIS suspension of specie payments, it we sup
posed would operate in the same the actual
suspension in 1857; and THE impression brought in
buyers from the outside as well from the ranks of
the shorts. The bears not very active, aud the
commission houses had larger amount of orders than
Of late The rumors OF bank suspensions at the South
and tie tone of Southern political adviceswere not very
reassurDg and checked the upward movement but as
the day advanced and these bank suspensions, it
found, had no real influence here upon financial mat
ers their effect was lost, and the market again as-
sumed ts buoyancy, and between the Boards was well
| sustained. At the Second Board the business
much larger than usual, and higher prices were in
almost every Gaze established. The desire to buy
very marked and there was but a moderate resistance
made to the rise Some Of the chronic bears however,
still predict dsaster and sell moderately. The street
must be very short on borrowed stock and sho sellers
options while the amount Of cssh stock has been large
" reduced by the cash buyers of the lac, days.
The BEATS have been recently selling quite reckesey
on short options even regular without the stock in
hand trusting TO the slaughter of real holder for
supply of shares 70 meet their contracts. turn Of
the market which would force these bears 10 buy in
their shorts would materially accelerate the upward
reaction The advance to-day on Yesterday Second
Board quotations is: In Central, 3 y cent; Hudson
River 6 e cent; Pacific Mail, Y cent; Reading -
cent Michigan Southern Guaranteed & cent; Mich
igan Central, 9 y cent; Galena, q cent; Rock
Island, 3 y cent; Toledo q y cent Burlington aud
Quincy, 5 y cent; Illinois Central, T. cent Erie, 81
T. cent &c In State Stocks the reaction was very
imrortant with a moderate amount Of transactions.
Virginss advanced 2 y cent, Missouri 6e y cent,
Tennessee Go T. cent &C.; Government 81 2 = cent.
In Railroad Bonds there was q much frrner feeling,
without many lots pressing the market. Ia the
street. after the regular session. the market was little
irregular but generally firm. The transactions were
mainly confined TO Central which closed at 20, after
having been 76i. The latest quotations Were: United
States S. 7d98 Tennessee 6s, 800 aSli; Virginia
&c, s2a S2l; Missouri t., II S7li Canton Co., Ma
l5 Cumberland Coal, 81 10; Pacific Mail Steamship
Co., 77a77i Hudson River, 46i a46i Harlem Railroad,
l5} l6; Harlem Railroad Preferred, 3ja3; Reading
Railroad, Sc, 81; Michigan Central, 81 So Michigan
Southern and Northern Indiana Iii 10; Michigan
Southern and Northern Indiana Guaranteed, Ba33I;
Panama Railroad ll3aiI3.; Illinois Central Railroad,
57,a58; Galena and Chicago Railroad, 81 So; Cleye-
land and Toledo, 39a39 Chicago and Rock Island
Railroad, SCI 1885, Chicago, Burlington and Quincy
Railroad, NAM.
The oversuppy of foreign billsprevents any improve
ent in rates but there is fair business doing, and
produce bills find that market which they lacked few
DAYS ago. Very good sterling names have been sold
to-day at IOOa lO2 3 cent Bankers ask 1903 lO5 bat
no hne could be sod above l03 and almost any sigua-
hi ab IN n ,b.fU
ont much currency. Tie growing in money will
undoubtedly bring remitters freely into the Ex-
change market aud bring about greater activity, but
the general impression that there is actual super
abundance of bills beyond the demands of importers,
and that the rate will not present materially advance
In this case We see nothing to prevent considerable
importation Of gold from Europe and large advance IN
the rate of interest at the Bank of England.
Freghts-Vessels more plenty and rates are do
ridedy lower. To Liverpool: $4,000 bush Corn at
lIaiI;d.. in bags, and l2l dl3d. in bags 5000
bush Wheat at l2I l3id, in bags closing al the IN
side rae 80 tcs Rice al 3s. Cd 900 bales Cotton at
3D.; 200 ics Beef on private terms, and 1900 bbI.
Flour at st. Cd. g. 7ld. To London 10000 bush.
Corn at III &c., in bagsi 81, 200 bush. Wheat at l5a
I'D, in bays closing the lower rate; 1000 bbls'
Flour at 3d. I'd. a 4s. To Antwerp: 300 bales Cotton
at lc; 10000 bush. Wheat, in shippers bags, at I'D
To Glasgow: A brig with 1900 bush. Wheat on pri-
yate terms. To Bristol: A British Brig with 2o,VVO
bush Wheat and 1900 bbls. Flour on private terms
To Falmouth: vessel with 5000 bush. Wheat at
I5d in bulk. brig to Cork for orders with l',Vo
bush Wheat on private terms. A vessel of 200 ,uns
to load at nm Eastern port with Lamber for the north
side OF Cuba, at Is y NJ feet A Brig of 200 tuns,
from jacksonville to Windward Lland with Lumber
At sI3 y N; and vessel OF 900 ,uns, from Jackson
Vile 10 New York with Lumber, at s. 20.
The business Of the Sub-Treasury was; Receipts,
S79.I63 Il-for Customs, go 600; Payments, $50
sos CT; Balance, 81, $50 Il.
The receipts ut the subTreasnry on account OF the
new loan, this being the last day Of payment, were
| sbou, rbre-q quarter, Of q million. considerable