New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-04-16
Saturday,, under the exciting news from the South VA


from to cent. The transactions were to fair
extent, and very large proportion Of the sales were sS
cash stock, thrown on the market by timd and weak
holders. This stock was mostly taken by the leading
shorts, the demand from any other source being very
light The bears. although expressing belief in fur.
Their decline did not appear disposed to extend thei.
lines at present low quotations. The public appear To
have entirely abandoned the Stock arens, having M
precedent for the present state Of aarto govern them
in their operations. The session Of the Board was out
excited, and at the close the market exhibited moro
frmness, as was natural after the serious decline,
The largest fall was in Reading, which, from IS on
Saturday, fell off, under sales Of only AS shares,
to 30l. Pacific Mail was plenty, and declined
to 75I, against 77i on Saturday. Panama was
slso very heavy ut 107-a fall Of y cent.
sales of only 100 shares Erie after selling at III
improved to 22s. Hudson Riverwas among the frnest
stocks, selling within cent Of Saturdays qu cation.
Harlem declined II v cent. In Central ,.de market
opened at -, and improved to 721 sgfAs. "a. Cash
stock is scarce and the deliveries are made with some
difficulty. In the Western shares the slaughter Of the
innoVeita was very severe, and lower prices wers
touched than have been seen for many day. Illinois
Central with sales Of 2G00 shares fell cent, touch
ing o. Michigan Central, - v cent; Toledo, y
cent; Galena, q y cent; Burlington and Quincy, q
y cent; Rock IssBd2i Southern Guaranteed, q, &C.,
&C. a sale OF shares Nicaragua Transit, the frs;
sale for many months, was made at 81 SO per share.
Afterthe Board there was stronger feeling, with
few transactions. At the Second Board there
good deal OF excitement and patriotism shared the at
tenton Of the operators with business Attic opening
of the session the overlooking patriotic sentiment
IL e..
our country, right or wrong" and then
three more for our flag. A member
who offered Government stocks sellers option was
met BY general indignant hiss and was not allowed
10 put his stock on the market The business Of the
Second Board was rather larger and more generally
distributed than usual, and quotations were irregular.
Generally however, there a tendency to improve
roent. and iaa y cent advance was in some cases es
sblisbed. The stocks of the Border Statee suffered
severely from the storm. Missouri Is cold down TO
5i2 against 5Sl on Saturday; Tennessee is sen2
cent, selling at %; Virginia y cent, touching %;
North Carolina y cent, &c. The market 10 freely
supped with these stocks from the Western banking
departments and from holders who alarmed az to
the position of these States if the civil war continues
There were very few sales of railroad bonds, and the
quotations are heavy. For Government securities inc
market under the circumstances, was well sustained
Coupon 6s 1884, sold at 9O, and the registered at 99
a decline Of about p cent. The II v cent Treasury
Notes sold at 1924 At the cose in the street the mar
ket was firm although but little business was done by
reason of the overlooking patriotism of the Third Board
which expended itself in constant repetions OF the
Stu Spaneled Banner nterspersed with cheers for tho
onion. The closing prices were as follows; MS
souri, State Is, 54,95isi Canton Company, HOE;
Delaware and Hudson, SS0SSI Pennsylvap)a Coal
Company, Il a79; Pacific Mail Steamship Company,
75a7j,; New-York Central Railroad, az orr; Erie
Railroad, 2li a22i Hudson River Railroad, 3i03s,;
Harlem Railroad, l2iSl2l, Harlem Railroad Prefer.
red, 30. G33l; Reading Railroad, 32932l; Miehisss
Central Railroad, i5i 946i Michigan Southern and
Northern Indiana Railroad, l3l al3i Michigan South
ern and Northern Indiana Railroad Guaranteed Stock,
30, 800; Panama Railroad, l06I los; Illinois Cent
raj Railroad, GII96i! Galena and Chicago Railroad
66, co., Cleveland and Toledo Railroad, s6.aG;
Chicago and Rock Island Railroad, 45a1,; Chi
cago, Burlington and Quincy Railroad, to @S7; Hi
nois Central "a, 93i 99il.
The loss Of confidence in the bank notes Of the Con-
federae States still increases to-day, and they cannot
be sold better than SO y cent discount. Most Of tho
brokers decline 10 buy at any rate BorderSate notes
are 10 Is cent discount, and Western notes based
uron the stocks Of the Border States at l09l5 cent
discount in consequence of the heavy decline IN these
stocks.
Monev on call is without change and borrowerssup-
ply their wants without difficulty at 416 y cent on
choice coateras The political movements OF the las
day or two have, however, brought almost 70 a saad
s the operations in paper in the open market. The
discount houses are waiting the developments OF the
next few days. and touch nothing but strictly gtedged
signatures The Banks, also, more cautions, ano,
both in the open market and in bank paper with
Southern faint is looked upon with great distrus. The
chance of collecting Southern debts is considered
very slight. The Indebtedness Of the great q es has
been considerable extent quidated but the cross
road debt scarcely be worth 10 cents to the dollar
The market is dull for foreign bills, and heavy. The
business for this steamer win probably be done at
cent decline the asking rates. Sterling lie nomnaly
l06! 4lO7a. Francs, 5.30a525.
Freights-To Liverpool 5000 bbls. Flour At q. I'D
a2s. 3D.; 100 pkgs. Tallow and Bacon at 30s.; 1900
bush. Wheat in bulk and bags 81 l0d, and 5000
BUSH Corn at 3, a93d., in bulk and bags To London
100 Bacon az S5s and 900 Flour at IS. 3D. To Glas
gov: 80 bbs. Spirits Turpentine at S., and AGO bbs
Rosin at 4S To Bristol: 1900 bbs. Flour Be. 4d,
and ~ 800 bush. Wheat, in bags, at lid. To Roter
dam: 300 bush. Rye at Id, in bags. The chip Caao
of LILO tuns, from Philadelphia to Liverpool, with
Grain at I'D. in bulk, to the extent OF half her un-
mage and balance in Grain in shippers bags at Id
Flour at s. Id, and heavy goods at 36s. tun.
The business Of the Sub-Teasury was: Receipa
1924, $50 OIL for Customs $4,000 Payments, s!H,-
600 %; Balance $40, 92,l3S 70.
The Bank Statement is favorable, and about whss
was expected. The loans show an increase of about
Million being mainly advances on the new Treasury
Notes In mercantile discounts there is increase.