New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-02-15
sFCONp BOARD.
SATURDAY, Feb. l3-P. N


There WAS 10 very important variation in the Stock
market to-day. Business was large, but the mose-
meuts were ir, .ular and there apparently dis
position 10 wait the full effect Of the reaction, which
has be en- to very slight extent established within
day or two The market is ind;putably very strong
however and the efforts occasionally made by the
bears at the Board row reduced to mere corporal s
guard. prove but feeble against the powerful iniiu-
ences at work in producing restoration of market
values At the First Board the sales of Erie were
large and slight decline the result of early sales
but before leaving the stock the market rallied and at
the close the stock was in active demand at y Erie
seems to be an especial favore for outside speculation
and has maintained its improvement with great
steadiness its supporters counting with confidence
upop Mr. Moran's success with the new loan and an
extrication Of the concern from lis present financial
embalrassments. New-York Central fell of per cent
but was also rmcr in closing sales. Reading presented
the same features of dulness and heavness noticed
Yesterday and was pressed with considerable spirit by
the bears but was fraction higher in the last sales
Harlem declined to l3l, but was not active. Panama
weIt to 1907 point which seemed 10 be attractive
BUYERS, and at which there q fair demand. Not
vthstandng the depression Of business the January
earnings of the Panama road will, understand, show
10 TO L. per cen, increase January of last year.
TIE connection between England AMI Australia by
this route has been checked by TIE commercial crisis
but will no doubt be established as soon as business
revi,es. The Australian Company have advertised
for tenders for building two large steamships. The
Western shares generally held quotations firmly, Ga
lela losing bu, in sales of $50 shares and Rock Island
Advancing over opening prices Toledo shows small
Improvement and there seemed TO be some disposition
to prevent the usual decline 10 IL J. to which tigur5s
recent fluctuations had led tie public 10 anticipate It's
decline after the customary advance. La Crosse sod
down TO H. with the usual confusion and excitement,
but in request at this point mostly to supply the
shorts, and was afterwaId sold at III. We give below
al abstract Of the report OF this Company. The sales
OF Cumberland were no; large bat the stock has ev-
IDENTITY recovered from the avalanche Of shares forced
out on Friday afternoon, and was very firm al 70. At
the afternoon session the tone OF the market changed
materially, and nearly everything in the LIST had an
improving tendency. New-Yotk Central advanced to
- and Erle to -, with an unusual show of strength.
Cumberland on moderate sales. went I'D 10 n, and
Ter her Stocks there was decidedly better
ie,1 with display OF more strength on the
pat Of buyers. The Bond market was fairly
sustained during the day and the sales reach a
very respectable aggregate, though no. large in any
Jingle security with theXoeption of Missouri &c which
foot Up an amount of $4,000 at both sessions CLOSING,
at SIS So. lot of 5000 of these bonds was
also sold at auction at noon 10y Of the Auditor of
tht ; tate of linos, a. prices varying from So 81
making wiki The Board sales very respectable sum
ioT TIC public 10 atso.5 a single day. Al the close
q ty.ine,s u tie s,r'.; tie 5dlng prices were io.