New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-02-20

TUESDAY, Feb. 19-p. IN.

TUESDAY, Feb. 19-p. IN.
The upward tendency in the Stock market was re-
sumed to day, with large business, especially in Erie
The foreign news is looked upon as more favorable
than when fret received, and the Bank Statement
gave great confidence to operators. 1t is believed in
the street that the Banks hold at least million OF
dollars more specie than reported in the average, and
that continued expansion of loans is inevitable. Ex-
perience shows that always with an expanding line OF
loans exists pari passu, an advancing stock market
The bank loans will doubtless touch a higher
point in the present expansion, than in August last,
when they went to slOl O,00o The outside orders
continue TO be large, and cques are daily formed to
cary up the various faDcies Money is found without
difficulty for these movements, and while this state
Of things continues an Improvement Is irresistible
OF Eric, the sales including transactions not IN the
printed lists reach 5000 "A, 900 shares OF which
large portion was at the Second Board, where 800
shares were sold at the close at 59l, an advance OF
T. cent. After the Second Board the stock was sold
at 500. There appears to be new party operating.
Reading buOyant, selling at 9li an advance OF
q cent. The Philadelphians appear to be operating
again, and 95 Is confidently predicted. Harlem adj
vanced to 24l, probably upon the negotiation OF its
Second Mortgage bonds the Preferred stock has also
recently materially advanced Hudson River was a
Central was better, and fair demand, selling at go.
Cumberland very firm, and sold at 264, an I'M
provement of l 2 cent. Nicaragua was also better,
advancing to 22s at the close. In Western shares
the tendency is strongly upward. In Cleveland and
Toledo II is supposed that corner has been made;
the stock advanced to s2l, an improvement p y
cent, but closed at sls. Michigan Southern was =
cent better, selling at 60 Milwaukee and Mississippi
III --1 4 ] he Inn -
ness of this road, notwithstanding the unfavorable
weather shows an increase in January over the same
month last year. Gaena and Chicago advanced TO
ll2l, and sold after the Board at llJ, an improve
ment of II = cent. Even bad management
cannot keep this favorite stock down. The
officers certainly do all that is possible
to prevent the stock from taking that position in the
estimation Of the public which its merits ene ii TO.
It's earnings are larger per centage on it capital
than any road in the country yet il is selling at about
10 p cent below Hartford and NewHaye or New
Jersey Transportation Company. Cleveland and Pitts.
burgh continues TO advance, the improvement to-dsy
bops p cent Illinois Central was 97ii Cleveland,
Columbus and Cincinnati, 1922 Michigan Central, %
and dull In Railroad Bonds the business moder-
ate but prices are firm Illinois Central advanced to
ga; Fries, ls7l So 1883, ooh 1875, 90 Harlem lst
mortgage so. Hudson River lst mortgage 99i, &c.
There is fair amount of business doing at private sale
in Railroad Bonds and since the advance in Railroad
Stocks thoroughly established attention has been
attracted to Bonds. State Stocks firm and in good
demand A small sale Of United States 6s 1862, was
made at llol
In Exchange there has been fair business done for
the steamer, and the market has been hrn although
at the close rates were rather heavy Leading Ster-
ling has been held at ea9l, the bulk of the bushes,
having been done at 9a9, 2 cent. First-class com.
mercia signatures have been sold at cent. Francs
were finn and sold at go 5.lsii very good com-
mercial bills at go. The supply OF outside bills
was fair. Ii is rumorcd that some considerable pur.
chases OF sterling was made for the remittance of
portion OF the Mexican indemnity
Freighs to Liverpool 800 bbls Flour, "a. 81 and
hat rate aftcrward refused for 900 bbls more
$50 bales Cotton, 9-32d and 200 pkgs Provisions 3Os
To London, 900 bbls. Flour, IS. 3D. and 300 pkgs.
Bacon and Pork 35s. To Antwerp, 1000 bags Coffee
&C.; LOgwosj, Ashes and Rice, 4Os.
The business Of the Sub-Treasury was: Paid
sll,5 90; Received, sl3a, 100; Balance, sa,O55-
$50 -; Paid for Assay Office 1921 ,i92 %; Paid on
Dsbursing Checks, tl7, Gas 90.
We hear that another instalment of the Mexican
indemnity, some 500 900, is TO be paid ont of the
Sub-Treasury during the present week, but tao state
ment is not official.
party who watches the specie movement very
closely, expressed the opinion day that the banks
now hold sl7 OcO, 800 OF gold.
Adrian II. Muller will hold biz veal sale Of stock.
tomorrow at ~ o'clock, at the Merchants Exchange
variety of frst-claSs Insurance and Bank stocks VII
be sold by order Of executors and Others.
The business Of the Clearing House IS s22 100 90.
The receipts of the Milwaukee and NJ .ssssippi Rail-
road Company for the month Of January nc SIS So 90
foT the spoadg mouth Of lest Jesf.... s. 76S u
TIE balance of the Second Mortgage Loan of the
Harlem Road, some s3OoO has been taken by
Messrs. Vim. & John O'Bren, for themselves and
ether parties, at 10, cert, We have 10 doubt that