New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-04-12
SATURDAY, April I0-P. n.

SATURDAY, April l0-P. NJ
The transactions at the First Board, this morning.
were very la &C. and there considerable excitement
dunng the session. Every leading stock caught the
buoyant impulse Of the hour, and advanced decidedly
upon the closing prices of Saturday, and the appear
ances were that operators for the rae were as strongly
in the ascendant az before the late decline. Outside
buyers have apparently recovered in great measure
from the panic feeling Of last week and now seem dis
posed make ventures in the field of speculation
and III demand for investment which has been through
out quite important, appears to be increasing as
the abundance Of money and the difficulties of employ
ing il probably become more evident The largest
buspess Of the session was in NewYork Central which
sold freely at So an advance of y cent on closing
quotations Of Friday, and quite firm during the call
Erie opened a. % and in active request, rising 70
23l before the close Of the session, though little
heavy at the quotation on final sales. The financial
position of this companys said TO be in more salts
factory condition. The obligations 10 Mr.. Drew have
been reduced from 81 100000 to 900, and the
floating debit it s stated, is down 10 near 81 100000
against g. 800 000. Mr.. Geopke, the Treasurer, re-
signs in order to give attention to his private business,
which has been somewhat interfered with by his off,
cal conr ecton with the Erie road but leaves the Office
feeling that the Company is in position 10 surmount
all existing difficulties. The April earnings of the road
are thus far quite satisfactory reaching about $4,000
in the first three days. which s an advance on the cor
responding period Of last year. Hudson River went
off briskJy at the start at 3Ol to 800, but
was scarcely sustained at the close. There
was q larger business than usual in Harlem,
with sales up to I2i The receipts Of the month of
March were 1914, against $SS $50 in the same month
Of last year. The operating expenses during the same
AM 18Th thnra nf
the same period of 1857, making net difference OF
$24 SIS in favor Of this year. Reading had fair de-
gree Of activity and sold as high as 49, but had
an appearance Of heaviness at the close. Michigan
Southern Common Stock advanced TO 24l. and the
Preferred TO so, but both were slightly off again in
closing tran sactiors Toledo began at A. bat came
out freely at the quotations and settled
fraction, but was again frmer before the call
ceased. Rock Island had a very active mar
ket. and from IS jumped up suddenly to 10,
but was over supplied at the quotation, and was
fraction lower in concluding GALES The dealings in
other stocks were comparatively small, but nearly
every thing seemed to sympathize with the improved
tone of the market. Panama sold at 1881, and WAS
rather heavy at the quotation probably on account of
indefinite sppreheDsions of the reope0ing of the
Transit route, which have been suggested by the re-
chase. Of the Pacific steamers Of Mr.. Morgan. 1t
should be stated in this connection that the steamer
trade between the two parties named embraces not
only the sale of the Pacific steamers by Morgan to
Vanderbilt, but that Of the Galveston, and New
Orleans Tor Texas line of steamers by Vanderbilt to
Morgan. Tie impression is that these move
nerts point to reopeDiug of the Nicaragua
route by Mr.. Vanderbilt without opposition on
the part Of Morgan or Garrison. Cumberland was
ste ady at Is 1884, with moderate sales Gaena went
up to 90 but was scarcely maintained in closing trans
actions; Milwaukee and Mississippi sod at 3il at the
opening of the call but was down again TO "a before
passing from the stock. The reports in regard to the
business Of this road continue good; one of the
through-trains recently brought lj2 passengers in
single Trip Between the Boards, strong efforts were
made by the short interest the street to depress quo
atons and with partial success the business OF the
afternoon session showing decline of al p cent in
nearly all Of the prominent stocks. Before the al
ournmeDt, however, there was ralying ten
dency, which gained in strength later in the
day, the market closing steady and quite firm.
The Bond movement WIS., quite large for the day Mis-
SCUM &c continue to attract the most attention among
State securities selling to the extent of Isl 600 and ad
vancing to 49, Virgnias also were in fair request and
Of California Bonds y cents, the bids running up to
80 but no sales are reported. Illinois Cenirals were
steady at 81 but not active. La Crosse Land Grants
sold at IS, but closed fraction lower. Tue closing
bids in the street for leading stocks were for New
York Central, 81; Erie, 23;; Reading, 46.; Toledo,
Az; Michigan Southern, "a; Rock Island, 7ji Cum
berland, lsl; Hudson River 80; Gslens S9!; Michi-
gan Central, O., &c.
M -. bat ~
quotations previously given. The demand since the
attempt TO advance the rates was made has materially
fallen of.
The engagements TO Liverpool are $500 bbls. Flour
at Is. 3d. a Is AID; $500 bush. Wheat at AID, in
bulk Cotton at ID; 300 tee Beef on private terms
900 boxes Cheese at 20s 1900 bbs. Rosin at L. I'D
ale. Cd. A schooner of 80 tuns, with Lumber from
Wilmington TO Csrdenas, at s. per VI feet.
The business Of the Sub.Treasury was: Receipts,
$66 397 69rom Customs 81 600; Payments slOl l62-
"a; Balance, $4,96S lbs 90-showipg decrease Of
about 5000 600 as compared with last Saturday, of
which 5000 OC0 was sent to Norfolk and Washington
The Bank statement on Monday will, probably, show
further expansion Of the line Of loans The specie
hne 1t is not supposed will show any large variation
IRON the previous statement The Sub-Treasury has
disbursed TO the street about 5000 more than
w iecep's, while the interior, more especially Boston,
mas been Craving some gold from The question of
specie reserve not however just Of any
importance The accumulation is too great TO be
easDy anected' Another California arrival viii
be cue about Wednesday, which will add
million and quarter to the line. The land
saes OF The Illinois Central Road for the first week
OF Apr were 81, s96 So and the traffic is improving
The afas OF tins Company will ere long be taken out
of the hands Of the cssgnees An instsI.n, an .ha