New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1866-11-16
gBCoND BOARD.
tQak Tin
TnuRsnAY. NoH. la-P. ,


Gold continues weSh and closes at 1884, after selling
1875 ol44 The Persia brought $50 600 in specie her
last trip.
Government stocks are 6rmer than on yesterday by
per cent on the gold bearing issues and steady the
reney loan New Tennessee C. fell and Missouri &c
per cent In railway bonds small business Of former
rates. Western Union il hrmer Atlantic Mail fell per
cent, selling at 1924. Pacific Mail Is firm at 2iSl. The
general share market shows partial recovery from yester
On lowest rates but speculative feeling has lost much Of
it's strength and less confidence is shown in following
cques ShoI1Aaes Of considerable magnitude have been
made since Monday, and stocks are reported in
borrowing demand, with q good supply Of money
at 506 per cent The Bulls argue that the
fall has lost its force and that sharp reaction lie again
in order This may occur but in view Of the high pces
still maintained it very doubtful whether any permanent
advance can be engineered. Just the Treasury De-
partmen is not pursuing policy favorable to specula
lions for advance and at any material Improvement
Sales to close win be enough TO break the
market seriously Cleveland and Toledo is unsettled
under reports Of sales Of Bonds further than wanted for
the building Of its new line within egbtmOnths $6OoooO
has been sold and $500 600 in dividends paid Gas Stocks
are higher for Citizens Of Brooklyn $lG was bid aud
$3.50 for Manhattan Cas- Attic Second Board prices were
stronger for Erie but the Western list freely Oered
closing rates are as follow with disposition to sell;
New-York Central, llliall2 Erie, 79t a79l Reading,
ll4all4l; Michigan Southern, IS asst; Cleveland and
Pittsburgh So $50 Cleveland and Toledo, ll4i0il4I;
Rock Island lO7 1917; North estern 524 S52l North
Western Preferred IA 674li Fort Wayne, lG alO7ti
Cumberland Coal 6s4.
Money is quoted iregulay call The rates are S6,
with good deal the latter rate and disposition
BY leading institutions 10 take less Commercial paper
is not so easy TO use and the rates 6a7 per cent
Exchange continues dull and sales Of prime Sterling
have been made from second hands 1881 The OF
leading drawers are: London 60 days. 100 slO9l sight,
lO9i. commercial, 1917 9lOri, Paris, long 5l6i 0jl5i
short 5l3i 05l2I, Antwerp 2l3 05Hli Swiss, 5.2li
s5I7i Hamburg 96t 36a; Amsterdam 4lsi Frankfort,
Az a4li Bremen, 79079li Berlin Y, 672i ..
Freights are dull The engagements to Liverpool are
1908 bush Wheat at I'D 500 bales Cotton, at 3l6ald
To London, IS 900 bush. Barley, at SID
The business of the SubTreasury Receipts, $l,
59I $50 3d. for Customs, $4,000; Payments, 1854,
500 96 Balance $95 500 464 81 Gold notes, $e99ooO
The statements Of railway managers about reduced
operating expenses not confirmed by resumption Of
dividends by defa1luHg roads like Enc Michigan South
en- North Western and Cleveland and Pittsburgh They
are dsproyed by the fact that sound roads reducing
their dividends The Pennsylvania Central has reduced
it's semiannual payment per cent and its managers
do not expect soon 10 increase II. Some Of the Oldest
Ohio roads have reduced their payments and the manager
of one of the most important Western roads states that
railroad baancesheets NewYesrs will be worse than
even prudent people expected.
The Commercial Adpertiser says:
The Affairs Of the Atlantic Mail steamship Company excite
considerable remarks NO satisfactory n gwen o.
clerks day holiday and the act Of courto gives rae 10
all sorts surises This morning report Is current that
hash
making deliveries connected with Tire short contracts re-
closed In Of the President Mr. Wheeler the
ePreden mas assumed Temporary control 30 far a. 70 DIS
charge the New York agents Of the Company from further
service and appoint new agents MI Wheeler expected TO
arrive by Havana steamer due yesterday when further
light upon the condition In which the retiring management mas
left the Company affairs may be expected
The LouisriHe Journal Of Monday says:
With the decline in provisions followed corresponding
oeeIs now ps5re from for good heavy averages Our
s yisb Influenced by these radical changes and
from the ciiy and obbng trade sufficient only for the immed
wants OF consumers OF the fling Of such orders are on
the market
The Cincinnati Commercial Of Tuesday remarks:
There is no material change in the money market from The
close week but borrowers find gradually Increasing d
eties IN The way o. nSgodns oS and IN spepsoh Of
wants Of the pork trade bankers are very oauos
As vet very e money comparatively been absorbed BY
the pork trade but the time Is now close at hand "hen ~ van
require ESQ 600 per day 10 pay hog And popularity
Of this business that nearly al money paid for hogs car
ned directly into the interior and fully sKy days make
the turn Bankers have large balances in fork where
l5 = cent paid and there 10 demand for can
loans they bringing out currency only as required by
daily wauts consequently there has not yet been
heavy flow Of greenbacks but the volume must In
crease several weeks 70 Hogs are selling o. equal TO
e6 per head crop the West viii be from half mil
lion million larger than last year The amount OF cur
rency therefore be required 70 move the crop may
readily estimated and In making the estimate Is not 70
be forgotten that money throughout the West An
other feature Of money market IL deficiency IN collections
Country merchants paying very slowly AID cy obers
ompeed to borrow In order TO meet their own bills which
credit system compensatory results will be realized The fact
As the overstocked with goods and consumers are
buying spaIgy anticipation Of lower prices This causes
suspense in trade and general feeling OF uneasness among
merchants of interest firm at lOa2 cent tor
prime paper and outside circles still higher rates are paid
Exchange plenty and heavy at lilo discount buying and c
discount par selling Dealers all more free to sell than
10 buy 81 quotations
Neilb cotton circular Of November gives the follow
ing statement Of the recep exports and stock OF cotton
at all the ports compared with those Of last year, and
those of the late crop year 1878 The total Of that crop
n oOn A -