New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-29
THvRsDA1, Jan. 2S-F. ".


we're rather lower. Newly orb Contra. iac.oed bH'
held r. owl very vel uldr the peculiar state G; the
market Erie was strong WIKI moderate sales. Read
ng sl-o was firm, and advanced 20 SO. Michigan
Southern was heavy at 70, and Toledo vas dull at a
sight decline. Gslena tirmer. Rock lssnd hsd
dropping tendency, an sold down to CO.., AID al
COL afterward, though not registered a. thai eno"'
lion. Cleveland and Pittsburgh and Harlem were
both better but not especially active 'am-
berland settled down to AZ, and wa heavy
At the Second Board the tone OF the mTke'
changed ami the leading bonds and shares sttened a.
oIce, ard were nearly all higher. New-York Central
Ere and Illinois Ceotral the most active a. q
decided improvement in each. Bond transactions ior
the day Were unusually well distributed, and IN me
aggregate were large. Nssowis declined TO ~ III
the morning, but partially recovered from the decline
a. the Second Board Tennessess Were trfe better
and finn through the day. California - advanced,
and were steady at 752 in the afternoon. Illinois Gen.
trails sold down to go; at the First Board but sympa-
thzed afterward in the upward turn Of the market
end were held at %. Ia Crosse Land Grants
show an improvement Of + cent on opening
sales the injunction matter being in far way OF
settlement again. If this in junction be removed, the
coupons due on the LIST of February will be paid, and
the completion Of the road La Crosse vii 60 on vg-
orously. The President, Mr.. Clark, is III town, and
the Board of Directors are in session here. The
market closes at q cent advance the last price OF
yesterday. The market generally was very strong
after the Second Board. Erie went to ~ and Cum
berland TO l5. The bears very shy of putting out
contracts in this stock, and the bull party thus far ap
pear rather unwilling to increase their line OF cash
stock buyers options. Illinois Central was buoy
ant, and 955 WAS bid. The loan Of this Company
has been taken to extent sufficient to sup
ply the immediate wants of this Company, and
it is not improbable that the issuing of the remain
der may be postponed until the falling in OF the july
options. New-York Central was 81. II is under
sto0d tina. the dividend question will be disposed oi
at tie meeting of the Directors called for Tuesday
next. Reading was JSQJSi at the close. Rock
Island 81, which il better. La Crosse, ll-also an
advance. Galena improved to7j. bid. The tenor OF
the forthcoming circular understand will be, that
the road has been fully repaired with extraordinary
disbursements to the amount of s93,WJ; that SIX
new engines and 300 have been pur-
chased at cost Of 100000; that fifteen months
consumption Of wood is hand and paid for that the
road has been run for 80 T cent, and that by the
economies which have been introduced the net earn
ings OF the past four months, Notwithstanding the
reduced receipts have been greater than for the cor
responding period of the previous year.
There is nothing doing in Exchange, but the supply
Of bills is increasing Rates are firm but nominal.
Freighte are without change. To Liverpool, 800
bbs Flour, at Is. l0!d Al Is lid. 10000 bush. Corn,
at Id 3D. the latter rate per clpper-shp 800 bales
Cotton ut 3-I6d; 100 boxes Bacon, at 2Ds. 400 bbs.
Lard at 2Os To London 300 boxes Cheese, at sos.
3Js.; 80 boxes Bacon, at DIS; 800 eases Mustard
Seed at 3Js 10 ties. Pork at js. 40 bbs do, al e.
To Glasgow, 5000 bush Corn private terms.
three-rn schooner of so uns, with Ship Plank
from Darien, Ga, to NewYork, on private terms.
The business of the Sub.Treasury was: Receipts
s332 346 Is; from Customs, 1000; Payments, ST.
O92 10; Balance, So BIG, ji8 81. Included in the
cepts are $4,000 for account of the Interior Depart
rnent and n considerable sum for Treasury Notes.
Mr. Cisco received today $4,000 of the Notes,
of small determinations, for which the demand ha,
been moderate. In the street the rate is q T. cent
discount The Banks do not but in exceptional
receive these notes on deposit. The advees from
Washington are to the effect that Mr.. Secretary Cobb
is very indignant al the managers Of our banks be-
cause they will not lend the Government gold nj y
cent for an interest unconyertibo Treasury issues
which they cannot get rid Of if desrable excepting at
q discount. When he RECEIVERS his equanmity and
advances the rate to 6j.lGGhs or 2 cent he will
doubtless have all the money offered hun which the
Treasury needs.
At the meeting to-day OF the Rock Island Directors
there was nothing of importance done. The Board
adjourned to tomorrow.
As We stated yesterday. the price of the Reading
bonds has been put by the Company from 10 up to -.
private sale has been made in Philadelphia oi $3.50,
Coz at 20.
The Kangaroo news was not quite up to anticipa-
tons in the street, although not at all adverse
in It's financial items; this produced the slight
depression witnessed at the morning Board The
Canada's news, which was announced between
the sessions, was construed more favorably, and
hence the sudden revival. The most prominent
feature in the foreign money news is a further
reduction of the bank minimum TO ) p cent in En-
gland. Money easier. The quotation for Consols
by the Canada is a slight improvement over those
brought 10y the Kangaroo. The commercial news is
less encouraging. The markets for Cotton and Bread
stuff were dull and lower.
The London correspondent Of The Commercial Id
rerfi,cr writes by the Fulton
"The mercantile CONFUSION at Hamburg has been
followed BY the most singular rebound witnessed.
Only few weeks ago discount was hardly obtaiDable
at ~ T. cent, and Saturday last il was down 10 q
h. cent. Evidently il confidence that wanted,
and not money. The bills in circulation when the
crash cane were for the most part founded upon
nothing. These have all been swept away, and the
choice paper that repre- the trade of the
Mace il comparatively of such limited amount that all
the discounters eagerly competing for it.
.'There have been additional failures in London
Of anv magnitude, and il Is hoped that the list
il nearly brought 10 close, especially partial
coyery in the silk market has benefited of the
second or thrd-rste Indian firms that thought 10
be in peril. In the Provinces, however, several fur
Their soppages have taken place, and in large num-
very dscI editabe revelations. The accommodation