New-York daily tribune., 1858-02-03
sTCOND BOARD.
TrFsnAY. Feb. 2-P. ".

Al impression seemed TO prevail at the First Board
that partial reaction in the Stock market inn
pending and there consequently general hesitation
among operators for the rise and some disposition on
the part Of their opponents to check the advancing
tendency of the market. No one, however seriously
believed in the possibility Of material decline in the
face of superabundant money market, and the pause
was therefore brief one while the attempt TO estab
sh lover quotations proved successful only for the hour
New-York Central was sold down to S3l for the open
ing, but had commenced 20 up again before the
Board adjourned. Toledo was quite active, and
with general disposition to sell at the
start, was easily down to 43, when one or
two prominen. operators came to its support and the
rebound TO 49, was quite as rapid as its decline.
Reading Sas comparatively quiet at 5Sl and rather
heavy a. the quotation Michigan Southern dull at
from is1 without saIes. Gaena declined sol "I
wasaiterw ard offered at 19 Rock Island also fell off
little but stood toeraby firIn at 20. Harlem declined
l. Panams was steady, without material change
Cumber and was .rihe lower during the call, but re-
covered again. In Bonds the movement was hardly
up to the average of morning sales, but there was no
material falling off in the quotations. Michigan Cen
tral newloan per cents advanced per cent small
sales Reading new-.oan Bonds were steady at pre-
vious quotations
AT the Second Board everything changed from the
dullness and hesitation witnessed in the morning to
buoyancy and animation. New-York Central was in
demand and went up TO S4s Erie rallied alec, to
23i, and Michigan Southern steady at l9l. Cum
Derland also took fresh start and in demand be-
tore the close OF the session at l52 Toledo was in
demand but not essentially different from the First
Board quotations. Harlem declined l. and was about
the only stock which did not appear to participate in
the Improvement.
Tpon the whole transactions for the day show re-
markable strength and elasticity in the marketi ana
there were no symptoms of weakness even in the
slight reaction Of the morning. The fact that stocks
are receiving more and more support from outsiders
becomes every day apparent aud with this sustaining
power, in addition to the very easy condition OF the
Money market, the upward movement becomes ire
sistible-too much So perhaps, for the health and
stability OF the market. The latest prices given in the
sheet were for Erie, % a23l n. Y. Central, s4Ii
Reading, 5Si; Rock Island, 70 Galena, 79l; Toledo,
AL Cumberland, 10.
The demand for foreign exchange for thi. steamer
has been active while the supply of commercial and
bank bills has been moderate. The transactions
would have been larger but for this fact. Quotations
have been strong. Sterling, 1881 allO. Francs,
5lSl ejl2!.
Freghts are quiet. To Liverpool, the engagements
Cotton a. 6d. 300 bbls. Pork st 2s. I'd; $50 boxes
Bacon at 2Os; 900 bbs. Rosin at Is. Cd. 80 tuns
Sam Sapan Wood at 25s. To London, 50 tcs Miidles
al 7s 800 bbs Pork a. 3. Cd. d3s. 3D.; 1870 tea. do.
at ia 6s; 200 bales Bacon al 25s.; 100 boxes do. at
2js 30 tms Oil Cake, in bags, at rs. 6d 800 bbls.
Flour at 2s. 81. To Glasgow, 800 bbs. Flour at
2s 4ld. 80 tuns OH 81 3Os. To Rotterdam, $50 bales
Cotton a. &C.. the inside price for compressed bales;
1870 bbls Ashes at 2js.; 1000 Sight Pipe Slaves at
sl7. A foreign brig to London, with heavy goods at
22s Cd. The chip Syr0, noticed few days since as
engaged for Melbourne on private terms, was taken
for about $4,000. The bark Escort, 47j tuns, was
seo taken fo- about e. jO0 and we notice 1900 bbls.
Flo1r going aboard
The business OF the Sub-Treasury was: Receipts,
s25O,O4S So from Customs, s6O,OOOi Payments,
1885,, 436 "a; Balance, $3,ll4,6s9 70.
The following lie comparative statement OF the
Exports exclusive of specie) from New-Ycrk to
foreign ports for the week and since Jan. /;
E;;,a, Fa 6 y: Tss: sss3 'siss ; 'kas's s
Sine. st7s5s9 sItST7O st67lOti
The Director. of the Central Railroad met at Albany
.Att evening and declared dividend of four p cent,
psyable on the Goth ms.
The City Bank OF Brooklyn have declared dvi-
dend Of 3! Y cent payable on the 10Th inst The
ihrd avenue Railroad quarterly dividend OF y
cent, payable on the 10th inst The City Fire In
'uianee Company, dividend of sO q share, payable
on the IVth INST. The New-York Life Insurance and
Trust Company sem-annual dividend Of ) q cent,
payable on the 10Th inst. The Irving Fire Insurance
Company dividend of e cent, payable on demand.
The Pittsburgh Copper Company tCIf a semi an
nual dividend of slO g share.
NJ. J. d. Vsrmiyes, OF the Newark Banking Com.