New-York daily tribune., 1858-04-20
SAILS At AUCTION.
MoNDAY, April l9-P. VI.


MoSDAY, April l9-P. NJ.
The Stock market this morning dull and un-
eventful The quotations were all sustained from the
opering and showed but few vsristons of importance
from Saturday The main feature of the market was
tie continued ard rather increasing scarcity OF Erie,
the quantity of which is now reduced in the street 70
10 10 600 shares. The irmness which is produced by
this scarcity Influences favoably the rest of the mar
ket. Shorts are paying T. cent T. day for the Use OF
Erie and New-York Central is by no means plenty.
Between the Boards there little or nothing done
and at the Second Board the market wac quiet, but
very firm. Erie Cash Stock was very scarce, but,
Oh sellers option was offered at than the usual
difference. After the regular session, there was con-
iderabe disposition to buy the leading shares, and the
market generally improved. The bulls obtained POS
esson Of the market although not without strong re-
stance from the bears The resignation of Mr.. Lsthera
as Director of the Erie Company which the bears had
used for their purpos had but little influence, coun
teracted as it was by the extreme scarcity of cash
stock At the close 2ii was bid. Central was
also firm, and went to 49,. Reading which was
45l on Saturday cold as high as i6l which bid Of
the close. The shorts were buying. Panams wss 1861
The question of propeller line on this route was be-
fore Committee Of the Panama Road to-day, and
fayorsbly considered. Southern Michigan was buOyant
advancing TO "a bid; Cumberland firm at Ia
bid, which is better; Delaware and Hudson was
heavy at I(Gl, while Pennsylvania Coal was in de-
mand and advanced TO - bid an improvement of y
cent. The advance is partlyo runor that some in
tention s entertained 10 consolidate the Delaware and
Hudson and this Company, putting in former at par,
and the latter at 9O The latter Company has very
large valuable coal estate which the former needs.
Some Of the large stockholders of the Pennsylvania
Coal are opposed to the consolidation on the terms
suggested considering their stock worth more
than Delaware and Hudson. Milwaukee and Mssis-
sippi advanced to 80, and Pacific Mail TO 49, In the
Bond market the transactions were not large but
prices generally firm. Erie bonds were better
and in demand. The closing prices in the Street were,
Erie 24I a2il; Central SS. sSl; Reading 46l i6s;
Toledo 43; Hudson River 29l d29,; Cumberland IL
d17l Southern "a 24s; Preferred lS; Panama 1865;
Pennsylvania Coal 72a73; Delaware 1861; Missouri
6e S23 dS2f
The foreign bill market opened strong this morning,
but remttes not being disposed to operate freely,
there was less frmness at the close Drawers who
asked 81 for Sterling, willing ID draw at E cent,
and one leading house drew at y cent al day. Com
mercia signatures sod at 81 az + cent. The supply
of bills is fair. Francs are $40 5.l6l.
FREIoHrs-To Liverpool the rates are heavy; en-
gagemens 1900 bbls. Flour at ls Sd. lie. 49, Grain
4d lld. Cotton, 80 bales at ID 100 ties. Beef at
3s.; GOO boxes Cheese, by the City of Washington
3js. 80 600 pipes Gull Slaves, 5js. go Rosin 81
lOl 25 tuns Oxide Zinc at js. 81 tuns Fusc at u.s..
3, 500 bags Brazil Nuts at l5s. To Glasgow: 30 bbs.
2s. I'D To Bremen: 80 tuns measurement goods,
27s. Cd. To London: 100 ties. Beef at Be. cd.
schooner with 900 bbs. Cement to Garden Key,
Florida, at lOc.
The business of the Sub-Treasury was: Receipts,
s75.27S 80, $4,000 from Customs; Payments SID
l26 81 Balance, $3,SOl79 "a.
The Weekly Bank Statement, as was anticipated,
favorable one, although the increase OF loans was
unexpected and no doubt measuraby due to further
purchases of Treasury notes-oerainly not to egiti-
mate discounts of paper Bank managers exhibit
every disposition to their present large amount OF
dead weight and their insbili.y to had employment
for il is ali that keeps the loans below sl2O 600.
The lesson Of last Fall appears already to have lost all
its influence The accumulation OF unemployed de-
ports continues to be great the interior bank balances
being large. OF course the ease OF the money market
must 60 on increasing while their centrazlng OF csp-
tai at this point continues aud, uuder the circum-
stances, it is not surprising that banks should be
pressing loans upon leading houses at 4qiI cent.
the specie reserve shows increase of ary million
and quarter, and stands at the highest point yet
touched, notwithstanding the large payments of the
month psst into the Sub Treasury. 10 addition TO the
California arrival there have been some receipts from
the interior.
The following is comparative statement of the con-
don Of the banks Of the city of New-fork April 10
and April Il: