New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-03-09

MnNnAY. March So. N.

Contrary to general expectation, the Stock market
instead of rising the steamers news, took decided
slant in the other direction, and after early sales be-
came heavy at lower quotations than those gwen at
the close OF Saturday To anayze tins singular freak
of the speculative market would require than
human sagacty, and anxious inquirers must be con-
tent to know that Stock spe )uatiOn is very uncertain
and inpulsive in its movements. The fall OF to-day
may be succeeded by lise tomorrow, and so on
through the chapter. The ups and downs of the
market alternate, sometimes harmOnizing with favor
able or unfavorable intelligence, and sometimes d.
rectly opposite to The natural course OF events, as
illustrated in operations of to-day. II the street
had been eauvassed for opinions this morning,
the result would have been probably that forty out oil
fifty persons would have expressed behei IN ihSher
prc the day and yet in the face OF tins verdict IN
antcipatiou-n the face of foreign news OF the most
favorable character. and the announcement OF un-
usually good bank returns for the week the tendency
| If nroes was downward as as busness fairly
onened and continued in the direction up 10 the
close of the day. Under such peculiar circumstances
the impression seems to be general that rebound
from the lowest points of depression for the da. Is
likely 10 ensue Al the First Board the transactions
were very large in Ncw-lork Central, Erie, Reading
| Michigan Southern, Toledo and Rock lsandS
] and nearly all al decline in closing sales
| The old bull party whose members took the
initiative in the advancing movement of the last three
| or four mouths, apparently rather indifferent
as to the course of prices and is reported that most
of them have unloaded, in whole in part of their
| sarv purchases. Hudson River was weak on mode
rate sales and down to 500 with but little demon
| sraon against it. Michigan Central improved and
| was in demand at -, though no. quite well
| tanned afterward. Panama steady at 1881, with
i u
Of the trmest stocks on the list-aided probably by
| foreign orders received by the Europa. Cumberland
was heavy and declined to 22i-the clique SEEM
| ing disposed TO throw wet blanket upon the
ardor of buyers. Pacific Mail Steamship Company
| was buoyan, and went up to -, but fell back y
cent at the close OF the call The reported withdrawal
| OF competing steamers is not credited by many who
profess to be well posted in regard to the affairs OF the
| Company, but informant reerates his statement
ard strongly afirms its truth. The land stocks were
steady without material change in quotations Can.
ton sold at PSI and Cary active at 9! 81.
| At the Second Board there still further down
ward movement, extending to majority of the active
stocks On the list. Enc went down TO 3d. and sub
.eqnen,ly done as low a. 32i New.York Central de-
| cliptd 10 w, Southern TO 80, and Hudson
River to 81. Rock Island sold down to S5l
but siterwaIJ rtvyeda little, and went up to 81. Pa
ci6c Mail Steamship Company was firm al II TO -.
The Bond transactions olersbly large for the
day Missouri State 6s Especially, were quite active,
ana fraction higher early sales. California IS al
vanced to g. al Improvement OF cent, at the First
Board, but down again 10 - al the Second. Erie
| and Hnos Central Bonds were in good demand and
| toerab.y firm. La Crosse Land Grants advanced to
~ The latest prices bid in the street were for Ene
Vi Michigan Southern "a; New-lork Central 92s
Reading az; Rock Island Sj4 Cumberland 81 Hud-
Nnh NeI 5ii; Canton PSI; Cary -, &c.
| lac market for Foreign Exchange opens dull, with
s'oa supply Of bills Good commercial signatures
II" ie"er, ont banks ard bankers names have down
""'' tendency The Sterling range is aSi for com
nle''ia @ho s o9. for banks aud bankers but FIRST
class bank names can be had al 5. 1, cent. Francs
| are 80 SIS
ffelsns are wlthOu, change; the offerings are mod.
crate 10 Liverpool The engagements are 20 QUO bush.
Gram 81 ii@4td'' IN bulk, including 10, 900 bush.
Whea; at tie lster rae, and ~. in bars AGO bass
Cotton a. ID. Tor squars bales and SO SEA Island a.
%Itd %S boxes Bacon a; lie. I'd; ECO boil, Ro.p