New-York daily tribune., 1857-04-20
SATURDAY.April lS-P. VI.

The bear movement still continues to be success
full at the Stock Board and prices to-day, after consd-
erable fuctuation touched still lower points than yes
terday. Some Of the Western stocks were especially
heavy, and show fall of , to t. cent. We
could hear of special reasons for the unavorabe
aspect Of the market to-day, unless some vague ru-
mors of failures circulated at the Second Board had
depressing influence. The downward movement of
prices has now continued for nearly four months,
and the range of the decline is from to ID " cent
without at this moment any appearance of reac-
ton. II is absurd to ascribe this state OF things
entirely to the operations Of the bears although adj
mittcdy the boldness Of their short sales has had
serious influence in accelerating the decline. We must
look deeper for the of the fall of the past four
months fall which has steadily continued in the face
of growing ease in the money market. we have no
intention to 90 into this examination but 1t Is patent
to all that public confidence in most of the securities
which are dealt in at the Stock Board has been shaken
that purchases for investment much curtaled and
considerable quantities Of stock have been thrown
upon the market by parties who have become
alarmed at the steady depreciation OF their property.
There are, beyond question, many securities on the
list which are selling below their real value having
sympathized without cause, in the general decline.
These securities WILL sooner or later, resume their
proper position the market, and their true value be
recognized. The bears may for while produce at
the Board, by constant hammering, such state OF
things as will give the market into their hands, but this
cannot continue always the public WILL at the proper
moment. when their attention is aroused by low
prices. examine values for Themselves, and
those securities which have been unduly de-
pressed Will regain position according to their merits.
At the close to-day Erie was ij!, equal TO %,
Reading 79l. Central S62 Toledo 6Sl, Southern COZ,
Michigan Central 9ll Illinois Central l3O Gaena firm
at lO2I. Pittsburgh 81, Panama 92&c. The business
of the day was large and the market fuctuated con-
siderably At the Second Board there was some firm
ness but afterward some lines of stock were put on
the market and depressed prices ldl T. cent.
InExchange there is not much doing but the market
is firm at d94 for Sterling.
Freights are heavy, and rather easier. To Liver
pool the engagements include small lots of Four at
ls 3D.; Grain at 3d. 700 bxs. Bacon at rs Cd;
800 bbs. Lard at l2s Cd 100 bales Sea Island Cot
ton at 3-l6d; 800 do. Ordinary at 3D.. 300 tierces
Beef at 2s 3d. To Havre, 900 bbls. Alcohol at &c.
To Bremen, 25 tuns Measurement Goods at 27s Cd;
81 hhds Tobacco at 2s. Cd. brig from the Gulf of
Mexico to New-York on private terms An Oldenburg
bark from RichabuctO to Hull at f5 per tun.
The business Of the Sub-Treasury was; Receipts,
Soo<,S1l TO- IdNHlcHlS' .ol' ~~V tvs ''""N'i F'',
O39, ,33S So against s574,7O9 last Saturday, showing
| a decrease of $l35,3l.
The imports of general merchandise for the week
were 81 267 5O2 against 81 OIL 54G last year. and the
aggregate of the week s. $50 692 against s5257 ,Sl2
| Included in the imports were Rags, 25,SOO Tea,
$3l 900; Watches, sil 800 Sapeter, y 100; Cigars,
$33 400; Coffee $l75S0O; Buttons, sl5 iOO Brandy,
| 500 900; Manila Grass, $7O5O0; Hemp and Yarn,
| $3i 500; Furs, SOL 600; Oranges, $4,000 Sumac,
$l4 800; Tobacco, 81 7O0 Linseed 900; Wines,
si9SOO; Sugar, $j74,lOO; Spelter $2l 800; Steel,
Sal 200 Tin, $50, 400 Iron $54 OOOi Hides So, 400.
Comparative. statement of the Imports of Dry Goods
1 at New-Eork for the week and since January |.