New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1862-10-16

At the opening Of business at the Stock Board this
morning the market WIS firm AMI sciive, with a
strong disposition to buy Wpen the Shares were
reached, Pacific Mail advanced TO 49, and Central
to 1861. From this point The market dragged, aud
some concession from yesterdays prices WAS e'ab-
lished. The changce, however, wee not important
Governments were firm and in good demand II, full
prices. Gold was active and advanced TO 1874 on
purchases of about 100000. After the Board the
Gold market became intensely excited aud nd.
vauced rapidly TO 1881. This advanced
quotation brought ont large amounts for
sale, partly from Banks, and reaction
get IN, which carried the price back 10
1876 late in the day after which it recovered TO 1876.
feveri,h and lower mainly under the disturbance
occasoned by tie sIrges IN the Gold market Cen
tral was an exception aud advanced TO lO7! but The
shares generally lower, and tho tendency con.
tinued downward in tue street sf,er the session.
The market was disturbed by various bear ruinors,
but it yielded, slowly resisting at evory step. The
latest quotations were: United States Gs Of 1881,
lOidl OiI; 7.30 Treasury Notes loo; Urstod
States S. Of 1874, $50 aoil; Demand Notes, 1917
1901; Amerca Gold, 1876, Tennessco &c, 55Qjjj;
Missouri &c, So; Pacific Mail. 1874 l29i; Now-York
Central, 100, a lO7; Erie Railway, 57IaGi Erie
Preferred. Sii a8i3 Hudson River, Gsi Hsrem,
23a23s Harlem Preferred. 81 GJ2, Reading, - u
7o; Michigan Central, 81 1885, Michigan South
ern, 10. a 49, Michigan Southern Guaranteed,
8Ol, 50 bid for 900 shares Illinois Central, 81,
8tai Cleveland and Toledo, 39ia39i
The Foreign Bill market. under the fluctuations in
gold, las been much excited, and sales Of Sterling
were made at Unprecedented rates. Leading bankers
were sold from l5l up TO l53 per cent. After tie
break down in gold the rate receded TO l5l q l5l
which was the rate at the close of business. The
transactions have not been large as every one not
obliged to remit is holding back. Tie exports Of
produce for the next two weeks II il estimated by
well-iDformed merchants will reach five millions per
week. which Will furnish u large supply Of Bills.
Francs are $500 3.75
Freights are Grmer, but lees active. To Liver
pool the engagements are 400 bales Cotton, at 3D.;
80 900 bush. Wheat at IL a l2ld, in bulk aud bags,
mainly ut l2a l2id.; and $40 boxes Cheese. per
steamer, at 9Os To Loudon-l 500 bbls. Flour, at
80. did. so tuns Provisions, at i2s. 3D.. Is boxes
Tobacco, at 81. Sd. To Glasgow 100 bush.
Wheat, to I'll up, at l2ld The charters incnde u
Prussisn brig of 70 900 bush. Wheat, to Cork aud
market, at 1850.
The business Of the Sub-Treasury was: Receipts,
81 1882 5O--for Customs, s?l2, 1000; Paymen,s,
g., 2O3,92 N; Balance. $S,3Jl.li9 06.
The Europa, from Boston, yesterday took 1858.
900 in specie.
The feature Of the street which has attracted the
greatest attention to-day is the enormous speculative
activity in gold aud the rapid advance Of per cent
after an advance of 3per cent on the previous day.
The movement in gold has undoubtedly been aided
by recent purchases Of gold for parties in Europe
having funds here, who, alarmed by the Rebel rand
into Maryland, ordered their funds RENTED in the
precious metals. This accounts for the sudden
Increase Of shipments in the last two weeks, while
We were freely exporting produce. But the RAPID
advance ia gold siuce i. was i2O is mainly due 70 the