New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-03-01

week. There was, ncWe'oi ,p...,
decline Of The last few dsys, when o. 'ne -.
became very strong, and grew ih'o oDe y
excited and ramp6B: markets we hsse e''. q
son 70 chronicle Buyers wao hsd ocen H"s
ho1ing the reaction would take INC Wa'A'
prices a. scou a. The .urn upward was 'n0'0as"y
.ablshed. rushed in wah great esserness' a'u o"..
the whole let Up to 3 y cent. Inc pf0nlis1 -
Of The rise to-day Is undoubtedly he s'esdy 'N's
one or two promInen: operators for the iss' a"y
especially Of Central. Sear:y every ono o's-u
for new Upward movement 20 SIM h-soei
prces after the reaction lad exhausted ltsen' ou' NC
movements Of the parties alluded 70 hs'e oioueH'
abou. the rev advance sooner ihan YVES geneia
Anticipated. Appearances now ntica;e ano'her ina-
ton Of market values, partly based apon nti'N''o
merit and partly upon no merit Whatever ou' sAn'pG
eanied up BY the Of speculation, which' 'ne
present condition Of the Money market and me puni-
Der Of outsiders engaged in the movement, Is res's
be- As IN all previous speculative STOCK movements
the public aye much more largely IN now 'hah "heu
stocks were 20 e cent lower and we nave 10 aouo'
tbs, the number of ou,side operators would be
much increased by further advance IN quotations
Of 10 y cent. 1t IL almoet invariably the case
hat when the downward turn of the market
comes. the losses do not fall upon the street, for
TO parspbrsse wenknovn line, the public rash in
where brokers fear 70 tread" The stocks in such
c.es are found generally in the hands OF outsiders
Prices however are still in meet instances eonsdera-
blv below the points they have usually ruled al, and
the inward movement VII doubtless ind ample sup
porters for some time ye. good and bad securities be-
ing alike Influenced and the whole being fed by The
plethora Of money the accumulation of specie, and the
absence of az indications either here or abroad OF any
unfavorsble change in the money market, a. leas'
until there is an active revival Of trade and the recur
renee OF another crop throws the sccumuladors
of the money centers into the 'nnumera6le ave-
nues Of business. The Impetus which the mar
ket received to-day between the Boards was
ipcressed by the arrival OF tie California steamer
with an Unexpectedly large amount OF gold Ihe nse
was very general but moot marked in Newly ork Cen
trail Rock Island, Michigan Southern Preferred, and
Milwaukee AMI Mississippi. AZ the morning BOARD
some parties were disposed 10 put out short lines out
in the afternoon the transactions were nearly al regu-
lar or buyers options. Central, which was e'i, sod
at - at the Friday morning Board, but rapidly ad-
yanced in the street 10 90, and, after the Second
Board TO and was not freely offered Enc recovered
10 344 from 32j. with moderate transactions. Rock
Island was in active demand and IAN up from 19 10
SOL There il apparently strong party moving IN THIS
stock and il sympshzes with the upward movement
rapidly. Galena finn a: S2l Hudson River ad-
vanced to 33i, Reading to t3l; Milwaukee and MIS-
.ssipp 10 A. The amount of the floating debt OF this
Road, given in the report a. published yesterday, has
taken the by surprise 1t had been given ont
as only 100000, but proves to be si5o,Uo.
Michigan Southern, to 3OI; Illinois Central, to 90;
Panama, to lO6, &C., all closing strong. Cumberland
did not sympsthze TO any extent with the market and
closed at 2Ol The outsiders do not seem disposed 20
operate in this stock. Canton was 2il as. Trans
actions were made in the New Land Stock Cary I'm
provement Company put upon the list yesterday
Sale. made at &, buyer sixty and thirty. Tie
Boston Post says:
The street rumOr is that strong party in New
York has taken hold of Cary with determination 10
put it where il ought TO be in the market AS the
stock is somewhat prominent just now, We have taken
pains to obtain the exact figures Of the condition OF
the Company. January !, 1858, it stood as follows:
As-Cs.h ss5 81 houses and lands attached at cost,
2S3 e;eiyabe secured by stock and mortgages
LiaJaie, Balance OF original mortsase Of $1,000,
e45zh t5 balance of available assets, SSS7S o. Total
In addition to these assets of s2O6 l73 there $40
acres of land worth 81 ,462 coo at 10 cents per foot.
The total land sales since the formation OF this Com
pany give an average Of about ID cents e. foot. The
land sales since May l. 1857 are 1873 G23 feet, amount
ing to 1908 80 average Of nearly 20 cents g foot
, The horse railroad now under contract, ana only
awaiting location, is the Cary property for
upward OF a mile in length.
In the Bond market the transactions add up s5 600
registered, beside some private sales. The market
generally was strong. The improvement in Illinois
Central securities has attracted attention to other land
grant roads and the demand fol La Crosse Bonds was
good al advance Of T. cent, the market closing at
IS bid. Reading Bonds new were 7Oi; Illinois Cen
ral 90; Erie 1871, 56l 1888, S7t Hudson River lst
Mortgage, 9S &c. State Stocks We're strong and in
fair demand Chicago rs sold q. Oh, and privately
sales made at 9S.
In Exchange the market has not yet opened for the
Wednesday steamer. RAJ tend downward, and Mr..
Belmont reduced his Sterling quotation to 81 cent.
Fregh.s are Unsettled and heavy To Liverpool,
LOCO bbls. Flour at Is 3D.; $4,000 bush. Grain, at
4ta42d. in bulk and bags 100 bales Sea Island Cot
ton 9. 3l6d. $50 boxes Bacon at lis. Cd; 100 tcs
Beet, at &c. 3D. To London 100 tics. Beet, at Is. To
Rotterdam, Is bales Compressed Sponge, at &c, y
40 cubic feet schooner of 900 bbls. capacity TO
the Windward lslands, at 65c.
The business of the ub-Treasury was: Receipts,
$53 O54 i2-from Customs, $4,000 o. Payments,
s9O,3i2 IS; Balance, s., 42O,96l 81.
Albert H. Nicolay's regular daily auction sale OF
stocks and bonds Will take place on Monday next
March l. at l2l o'clock, ct the Merchants Exchange.
s. Diapers regular daily sale Of bonds aud stocks
vii take place on Monday, March l. at l2i o'clock, at
the Merchants Exchange.
The following sales were made at auction this day:
s5Co0 Marshall County, illinois o int
500 Mercer County illinois % int sdded..........5lt
lCoO Cleveland a. Toledo, Il int, sdded.'....'.'''I
$500 Little Miami r r. Sc int. adi-d
500 Indianapolis and Cincinnati r. K 7s int stt"d''''.2
SfOo rerre Haute and Alton Is; t. int sdded..n
500 Terre HAu,e and Alton % mtg g. int sdded '''''
50 Chicago St Psnl and Fond dH sc r. r Is, hat %
7tt0 recseIIlge Ky. Goa Co.
5000 ONO State Sc, due las 81