New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-03-26

THURSDAY, March 25-P. N.

The inward nnovement of the Stock market re-
ceived further impetus to-day, and large business
transacted in all Of the leading shares, wnich arc
favorites for speculation. Some OF the shorts were
still buyers to cloee up contracts made on higoer
market, and there has been quite movement among
outsiders replace stock cold out 1t the low prcee OF
Monday and Tuesday. 1t is stated aso that purchasers
to q considerable amount have been made on foreign
orders which were at limits below prices ruling here at
the arrival Of the steamer but which have been filed
snce the decline commenced. The rise met with a
vigorous opposition at the opening Of business more
especially directed agains. Erie Hudson River and
Reading but demand strong enough to overcome
it. ard the advance continued through the day until after
the adjournment Of the Second Board when there was
more disposition - sell, and moderate decline from
the highest quotations established. There were no
demonstrations on the pst Of leading operators, which
indicated desire TO elevate sustain prices by 10
creasirg their lines Of Stock but the effort appears to
be rather to assist in the recovery Of the market as
much as possible without buying extensively. The
buyers of to-day consequently well distributed
and although the movement was strong, it had less OF
stability in tie general aspect than in the previous up
ward turns Of the MARKET before the realizing process
commenced The conclusion is therefore, that although
favored by an extremely easy Money market, there is
netlIdllOH anu 40 W INC 'SAS,
and cense quently less confidence among those whose
influences have hitherto been powerful in carrying up
the whole market At the First Board the business
was large in New-York Central and Erie, the former
closing rather heavy at decline Of J. and the latter
advancing with difficulty, sgaintt large sales by
leading bear After passing these stocks the market
had more buoy cy and spirit and to the adjournment
displayed strong upward tendency In Hudson River
the transactions large and prices advanced to2i
and mmec lately after the session closed the stock was
done at 2S3 Sales of 100 shares at 27i $50, were
made by one operator. Reading met with similar OPP
poson but was carried to SO after absorbing al the
sellers option stock ered 1t is nowstaed that thede
facaon in the Office of this Company alluded TO yester
day. amounts to but g., 0OO Michigan Southern CON-
mon stock was in active demand, and went up to 26,
but the Preferred was comparatively heavy, and was
offered freely at so at the close. Toledo was
qnite active, but fraction lower than at the
close of yesterday. The movement in Rock Island
was not important but the stock advanced with con-
siderable strength and not freely supplied at the
close Galena went up to 81, but was inactive. Pana
ma advanced to LOG on small ssles and Michigan Cen
trail was scarce at g. In the afternoon the improve
ment continued and nearly al Of the prominent stocks
were from / to v cent higher than at the First
Board At the Close however, the market lost little
of its rmness and after the adjournment there were
considerable sales at decline. Transactions
for the day quite important IN Bonds, en-
bracipg sales Of Missouri &c to the amount Of
$4,000 up to SO, advance of v cent over closing
prices of YESTERDAY. There was also Improvement
in Tennessee e, Lousispss and Virginas with fair
amount of business. Reading Railroad bonds of So,
advanced II v cent over quotations of yesterday.
Michigan Central New Loan p cents declined l y
.pJI and (,rants with sales of
s55 OOO The latest prices given in the street for
New-York Central, SO bid; Erie, %; Rock Island,
49, Michigan Southern, 26; Toledo, 46i; Reading,
SO; Hudson River, %; Cumberland, 19, &c. There
is not much doing in Foreign Exchange and rates are
about the same as last reported. The movement will
not probably be important for several days, until the
market fairly opens for Wednesdays steamer.
Freights are quite firm. To Liverpool, 600 bbs.
Flour at Is. I'D, 300 bales Cotton at 5-2d. 3l6d
100 boxes Bacon at LIS. Cd. 800 bbs. Spirits Tur-
pentine st S. 1900 bbs. Crude at %. 3d.. 500 bbls
Rosin at 2s. 40 tuns Fustic at lie. To London, 200
boxes Cheese at 25s 400 tcs. Beef on private terms
5000 bbls Spirits few days since at Sc. To Bremen
300 bales Cotton at &C. brig to north side of Cuba
ard back at &c. for Sugar and 81 50 for Moasses
deck brig to Cadz with Slaves at $780,
The business of the Sub Treasury was: Receipts,
a. ,22l sO-for Customs, $4,000; Payments, 500
1894 q; Balance, $6,115, 2547S
An advertisement in columns announces that the
American Exchange Bank is authorized to limited
extent 10 cash presentation, the unpaid drafts OF
Sather & Church of San Francisco, whether pay able
at the counter Of that Bank elsewhere. similar
arrangement applies to the drafts of w o. Sleeper s.
Co.. of Columbia California. Drafts are 10 be pre-
sented in duplicate
The books for subscription to the capital stock OF
the Firemans' Fund Insurance Company
open at the Office No. ITO Broadway (basement), at
the Metropolitan Bank.
The Money market is abundantly supplied with cap
,al and rates on call are as easy heretofore quoted
ranging at from 4to6 cent to borrowers Of sndoubed
standing and responsibility In paper the negotiations
are at from 5 to T. cent in the open market. The
applications increase a little, but not enough to give
any appearance of sctiv y to the market. The Met
ropolitan Bank certificates to-day stand at sj27 900,
reduction Of but e. 0O The business Of the Clearing
House was heavy, amounting to so, 1928.
S. Diapers daily auction sale of stocks aud bonds
will take place tomorrow Friday at l2i o'clock,
at the Merchants Exchange.
Mr. Albert H. Nicolsys regular daily auction sale
Of stocks and bonds will take place tomorrow Fri
dayl AT I2I O clock, at the Merchants Exchange.
The Orient Mutual Insurance Company has declared
dividend Of 10 T. the net amount of earned
pr-miums. and dividend of y cent subscribers
spal. The amount received frem premiums for the
year ending Feb q was s66l ,23l 49, profits during
the SAINT time, SOL ,2l5 "a.
The statement of the Pittsburgh Banks for the week