New-York daily tribune., 1858-03-05
TurnsnAY. March i-r. Y

TuuusntY. March 4-P. ~
The stock list shows diminished amount Of bu'-
nsss for the day. though still quite large The intense
excitement Of Monday could hardy be expected to last
but is certainly astonishing 20 witness the sustaining
and absorbing capacity Of the market-and it seems
almost an imporsblty to break down prices seriously
even after the most rapid and teversh advances. ~
the first Board, prices upon the whole were better
and in some Of the leading stocks there was consdera
be activity. Canton bad especial prominence, selling
10 the extent of 100 shares and up 10 26 during the
call, though afterward fraction lower. New-iork
Certral advanced to o. but was freely supplied
al 93I ct the close. Ere was hrmer, bu. not 60
active g. usual. Hudson River advanced TO 800,
and was quite strong throughout the call Read
ing was one of the strongest stocks or the list
"a leading operator buying largely en time,
and giving strong impulse to the malket, Gale0a
go better, end advanced to %; the new repert con-
veyng q very favorable impression, and rendering il
certain that regular and handsome dividends viii be
paid from and after August next. The rosd has been
doing a much larger freight business in February We
undersand-it equipment being fr!ly employed
during the month. Rock Island advanced to 81 but
was little lower a. the close of the can The busi-
ness Of February will shoT slight increase; but the
saving Of expense has been large in the more econom
cal management of the road, and its exemption from
the snow and ice distractions of last year. The
road suffered also lose of $lJOOOO last year from
severe fresbets during the month OF February-a
trouble which it has not thus far been obliged
to contend against during the present Winter.
Toledo was active, selling up to jjI. but losing
strel 9Th a little at the close Michigan Central
was finn at 80 with rather more transactions than
usual. This rad We understand has made saving OF
in tic Irrino tba
Michigan Southern was fraction higher at opening
sales but alt:e heavy before passing from the stock.
The Preferred was in demand with improving ten
dency. Panama was inactive, but trife better. Cary
Improvement had considerable attention. and seems to
be working it's way into the field of speculation quite
as fast as IFS friends could desire; the sales at q
an advance OF from yesterdays prices In the after
noon there was decidedly retrograde movement
throughout the ls commencing with New York Central
which droppedto 92 i-one ofs leading supporters hsv
ing sold 600 shares in single lot between the Boards.
Erie fell TO 3g., and for Hudson River, Reading,
Toledo Rock Island and other leading shares there
was a corresponding decline II il difficult to account
for The difference of feeling displayed in transactions at
the two Boards-nOt an item of news which could pos
sbly exercise influence upon the stock market hay
ing trsnspired We are led therefore to the conclu-
sion that the fall was OF those mpusve reactions
of the market which cannot be satisfactorily explained
except upon general principles. Bond transactions
during the day have not been large, but the market is
very steady and has still improving tendency for
well esteemed securities. The largest business to-
day was in State bonds, OF which Missouris
were decidedly the most active. California -
continue 10 advance, improving ! cent
Civ Bonds continue in demand, but mostly 10 outside
trade We hear of sales OF 900 Chicay Is a. from
9; to gS during the day. La Crosse and Milwaukee
Land Grants declined to 30, but were no, pressed for
SALE An impression seems TO prevail that the La
Crosse road stands danger o. losing it, ani grant 10
the course of the investigation now going on IN the
Wisconsin Legislature. This we understand, is al
error SO far the land covered by the present issue OF
bonds il concerned. letter received here from Gov
ernor Randall states in express terms that no such
measure is proposed, nor would T. IN fact, b. IN The
power Of the Legislature to interfere with that portion
of the grant over Which the road has already bee,
buil,. and for wbish the Company ha. already re-
ceved il certificates. The action o. thr Legislature
will be- confined 70 that portion Of the land grant
from the urs,OU TO s.. Pau, which has not yet been
commenced.
There are few transactions being made in fore gn
EAchsnge, and the tend-Loy o. quotations = down-
ward Slcrfng j. Sag. & cent. Francs, 30 J.lj.
Freight. arc : i'll essentially urlite1ed. To LIVER
pooi. 37S bb> Tlour al Is. a.. $4,000 bush. Grain,
a. 49, in bulk and 30. il bags l2j bbs Pork at 2s.
4!d.: 35gI bbls. Ro,n, q, p. To London, 800 bbls
Resin AT 2s 81. for tai bbis. leo ties. Beef az Is.
aI 100 boxes and 100 bsles Bacon, at 22s. ID. To
Glasgow. 100 bbs RosiD, a. 3s %. To Bremen, 900
bales Cotton, at &c. To Rotterdam, IS hhds Tobacco
a, 95s. i'd; 2O0 bbs. Rosin, at IS.
The business Of the Sub-Treaslry was: Receipts,
STA 200 si-irom Customs $4,000 Payments, g.
7O3 49, Balouce s., lSS,OS Is.
The Morey market presents tie features Of
s.KeIabuslan; supply and slack demand as noted in
our reports Of late. The Banks still gathering in
surplus resources and lind quite much difficulty in
em,loyiug all OF their means a heretofore. In poin
OF tact. the idleness OF capital which now prevails
ha, seldom been eqused, although discount rates have
ruled at lower fig,res than are now quoted The quo.
taore in the open market for paper of the highest
c1ade range from to Z cent. VITA scarcity ip the
supply a. notes Good single names sel up to S . and
10 q cea;. On cali mcaey s offered freely TO strong
houses at y cent, tnd il some Instances loans are
reported s. Sow as I.
Tie make. is steady for Treasury Notes at :.
and they ar nC plenty. The amount paid at the Gus
tom louse yester,isy only i,0oJ. Ths City Of
Wash ipgton took g., 100 in specie to-jav. Tae
busipes, Of the Cearisg House tOiey so os0 OOO
the ls,o.s. anoun since 'Ih Sept. list. The activity
IN s.ocs - the man e.rse of this increased move.
men, a, tLe {, ,.sing-HOuse. Last year at this time
the clearing, ye,e .bol: s500co,cCo. The Mcropol
IAN Certificates ara reduced today si0JOc0. Mes.rs.
w.gets / Co., wh5 p,r:isvy suspended a.: tober
ts,c Ieermed IsyW.H: ir Ell We &c .nfrusea hey