New-York daily tribune., 1856-03-28
THURSDAY, March 27-P. N.

There WhS an dclHc UNoIL'ro a. lHp D1'~" "O
this morning, and the market generally was firm, but
the Second Board marked with dullne5s and prices
were scarcely sustained The Western shares con-
tDue to be in good demand and the attention OF oPe-
rato,s appears 10 be drawn off from the old fancies
which have occupied the attention Of the street for
yeaysto these new and promising stocks. marked
fact, and is becoming generally known, that Western
railroad shares pay much larger dividend upon
the same cost than Eastern roads. Michigan South
ern and Michigan Central, Chicago and Rock
Island, &c all Of which pay 10 T. cent per annurn,
sell only TO 3 y cent higher than New Central,
which only paws y cent while Cleveland and To-
ledo which pays q cent and Cleveland aud Pitts-
burgh which pays 10 cent in bonds, sell, the nrSt
at l2I P cent and the latter at 27i cent below
New-York Central. 1t would certainly appear that,
sooner or later. these stocks should Approximate
more nearly in value. Ene closed at 56s e56i,
the price Of yesterday; Reading, 92l; Central
923; Hudson River, 35, &C. Nicaragua was IN
small demand, and heavy, closing at l35. We
can hear of no positive advlces from the parues
in accommodation with the Government at Washington
They will return on Saturday. The business in West
ern shares was considerable generally at full prices
Gaena and Chicago went 20 114j but closed at llfi.
The business of this road, we learn, from Chicago Is
now very large Cleveland and Toledo active and
closed at 79Ia792, showing firm market. The re-
cepts Of one of the days Of this week larger than
ever before known Oh this road. Wisconsin Lake
Shore was in demand at 723. An attempt will be made
to consolidate this road with the connecting
road south from the State Line into Chicago
This will insure great economy in the working of both
roads and thereby Increase the net earnings. Mchi-
gan Southern left off at 95I. Cleveland and Pitts
buIeh was in fair demand, and cold at 65 In Railroad
L., 1s 4ba rnodcrata Illinois Central
were very firm at 9li. Eries 1875 sold at 81. Chi
csgo and Rock Island 93I. For Goshen bonds s5
was bid The consolidation Of these and all the other
Issues Of tie Michigan Southern and Northern Indiana
Railroad Companies Bonds into the First Mortgage
Sinking Fund Registered Bonds, is going on as rapidly
as the new bonds can be issued. The Company have
already exchanged $500 600 of Jacksons, GOshen and
plain bonds for the s5ue, and with only one ex-
ccption Of s5 OOO the parties converting have taken
registered bonds. This feature is insuring great
safety to the owner, and has been very favorably
received by the public. In State Stocks there is not
much doing, and the market is rather weak small
sale of United c., 1867, was made at l17i.
In Exchange the business is moderate and the mar
ket is dropping We quote sales at cent below
the last steamer The leading drawer has reduced his
rate to q q cent for Sterling. The range is sla99
y cent with but little doing above 81 = cent. Francs
522t 5l74.
Freights we notice are active ard firm. To Liver
pool IS $1,000 bushels Grain, (mostly corn) Id in
bulk; zoo Cotton, 3 lGd Bacon, 25s cd. To Lon
don, 100 casks Cheese, 35s and some Spirits 1mPen-
tine, 6s.
The business OF the Sub Treasury was: Paid s2l,-
sol &c; received, s2952is So including ESQ 900 for
transfeIdaft Boston, Balance, s6,633,067 81; paid
for Assay Office, sl3,253 90; paid on Disbursng
Checks, s27,7ss -.
After the adjournment Of the Board, the following
sales Of Stocks and Bonds made at auction by A.
H. Nicolay:
80. -. l.. = IL