New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-11-17
SECOND BOARD.
FRIDAY, Nov. l6-r, NJ,

FRIDAY, Nov. 16--F. ".
Stocks came ont freely to-day for cash. and with a
few exceptions lower prices again established
The bear akO appeared 10 have acquired new courage
and offered their options with more freedom while
there was less disposition shown TO take them The
bids on BUYER options were not numerous; indeed
but few if any, Of the brokers like 10 take time orders
in tie present state Of affairs. The main feature Of the
stock record is the sales for cash showing the pressure
for money among the holders Of shares and those
having contracts coming due. The other features OF
the market are mainly the same as have ruled during
the mast week and the causes of the fall to-day are
remotely precisely the same as inaugurited 1t
ninth ago. and more nearly the added strngency
of money. AT the Second Board, the market
vas heavy, and after the regular session
frrt,er decline was established, and the feeling was
as blue "a at any time within the week. There was
large business done in railroad bonds without anyimPort-
aut change in prices but generally firm feeling State
toel are depressed Missouris sold down to 7ll Ten
MESSAGES 10 79l North Carouas to g. decline OF =
cent. &c The annexed quotations are those Of -
O'Clock after which decline Of 2 cent was sub
ni,ted 10 on the leading fances United States Fves,
1874 90 alOO: Tennessee State Gs, 79G79l Virginia
State Skies. s3a8j; Missouri Skies, 7l3a7E Canton
Company. 1igal5; Cumberland Coal, 500; Paclhe
Mail 1916; Eew-YoTk Central, ~ G723i Erie, ~
az; Hudson 49i ai9l; Harlem Railroad, l1alosi
Harlem Preferred 33i a3i; Reading, 81 93l3; Michi'
nan Central 50, a5O3 Michigan Southern and North
~, Indiana. 14I0k; Michigan Southern Guaranteed,
sOl a3: Panama, H. O 49, illinois Central Scrip J9I
a59l; Galena and Chicago, % 6591; Cleveland and
Toledo. zIa12; Chicago and Rock Island J2I q '@l
Chicago. Burlington and Quincy, 6Ja 63Ii Illinois
Central Is, $3.50
There il a panic in foreign bills to-day and some %
tb brvrs Of produce on foreign orders have found II
irO,osible To negotiate their bills. Good commercial
sionetures usually having currency within cent Of
bankers rates have sold low a. par, ana tue oesi
cit, drawers have odd from second hand a - 40
cent Probably s. T. cent must BE- at Tia Close conS'd-
.r,d the top of the market. Francs are even more
difficult to seB than Sterling, and the quotations Tor
4nnssctons are $40 $780, although some prominent
drawers ask 5.&}3 Tie explanation Of the decline tr
pears 70 be not in the excess Of bills, but the very UNI
tied demand from Iemitters. The importers lot Ihe
sst year, have had such facility IN the negou"'o" u
blk receivable that they have b1en enabled 10 remit
r,iidly and rather IN advance Of their iiabilie' Inc
consequence II, that now, when money has become
rnor difficult 10 obtain, they have occasion 70 buy
exchange. Whea 20 this il added the bills
from the large exports Of breadstuts, sc, IN
addition 10 the usu supply il not surprising thai the
rate of Exchange should seriously decline. The tali
however, has been aggravated by the tighnoss OF
money at time when executors Of foreign orders for
hd.uas must sell their bills in order 10 pay the re-
,.;vers Bill have been sold to-day al rates which
n ray g. = cent prof, the import Of gold, and the
transaction can b. made within 80 days The result OF
,b, safe Of things ii it continues VIII he that foreign
orders for our products VIII be accompanied BY the god
instead Of credits and indeed We hear that sneh direo
tons have already been given from 'hs Tids' prom
inenl bank President intends, we ula'rs'AH0' 20 'o,
r1-g 70 the Banks Of the CITY 70 come 70 '''
,l Exchange market by buying the oiis drawn
shipments of produce Ths would i'Cii''''' - ,h
lion Of many orders which in the Pre'sn' ''"'' -
market cannot be executed. c..,.
La Preights to Liverpool 6oOoo bush ~ HV ooo ,a.b
delivered alongside, and 1910. N store - >, ..
Wheat at l4l al4id in bags Low "o''' ''''