New-York daily tribune., 1858-04-06
,.iIa IL ~ II0N
MONDAY, April 5-P. A'

y.
Onep;np sales z. the Stock Board, Ddseu uPon lue
closing quotations .f Saturday were at lower points
than anv recently registered bu; the session pro-
gressed it became evident that the market had an m-
nrovpr tendency and all of the leading shares were
stronper in closing transactions. There was no epe-
cal activity in any particular stock and no excitement
bt n snnearapce OF steadines and frmness which for
the time at least is quite encouraging 10 holders oi
stocks. The buyers were principally shorts, who prl-
IDENTIFY decide to realize profits rather than to run the
chance of further depression. The market seemed TO
have no support from the old bull clique, but rather
rested upon its Own strength, as developed IN the scat
teripg orders and divided interests OF the Board
There was fair amount Of purchasing on OUTSIDE o.
ders The decline has been rapid and severe, ana the
margin for profits fall has been so much exhausted
that bear operators hesitate about putting ont further
conracis The consequence is partial cessation OF
hosttes and moderate recovery from the pane lee'
inc OF Saturday. New-York Central began AZ oo' out
was in quick demand and was up to 81 before me cai
closed Erie at the start sold at l9a, but the buyers
were in good force ond the stock advanced to w in
concluding sales The receipts for March were
SO 900 behind those of March, 1851 April thus lar
shows a small increase. Hudson RIVER with iair de-
gree of activity held steadily at 25i G26, and was IN
request at the latter quotation before the Board al
ourned Reading was bought in freely for delivery by
the shorts end participated in the more cheerful ee
ing manifested in other stocks, but had no activity.
| Michigan Southern lod stock advanced /, aud was
scarce al the close at 2O. Toledo sold down to 81 and
hupg heavily hemarket for awhile, but finally turned
and followed in the wake Of stocks previously called, aud
was firm at 39J before the adjournment Rock Island
was IN lair demand but came into the market freely.
The orders were sufficient however to absorb all the
stock offered at low quotations, and the price was r
cent better in closing transactions. The March earn
| pes will show decrease of $4,000 to S60,O on
March 1857 Galena was cue OF the strongest stocks
dealt n and shows the most decided improvement oil
any stock on the LET AZ the First Board Panama was
pressed for sale sellers options and showed neavness
at the close though toersbly well sustained by Its
friends Canton was dull and fraction lower. Pacific
Mail Steamship was Lot active but was taken quickly
al quotations. aud had improving tendency. In the
| afternoon the better feeling continued, and
| there was materisl advance 10 al of the prom
| in.nt shares Ne&-York Central and Gaena
| were from TO - = cent higher, and there wss
corresponding degree of Improvement IN Eue M'chi'
| gan Southern, Hudson River, Rock Island, &c The
mUktt was slightly dull as the sessi'n closed, Dut
pricswere ioeraby well maintained in the street, and
| in some stocks there was further improvement The
| closing bids we-e for New-York Central 81, EFe
|ll Reading Az, Cumberland ljl, Michigan Southern
-, Toledo 4O., HUdtOn River 20, Rock Island ii !,
"atna St. &e. The movements OF the day were Do;
oi character to convey impression Of permsneut
ouoyahcy and strength in the market, but indicated
rather al intelligent and natural reaction from the
pane operations OF Saturday. The bears themselves,
hardly counting upon sudden and material decline
have been checked in their operations by figures
which seem to eave rather lean margins for profit,
and are now disposed to allow the rebound 70 take
place without opposition.
The foreign Exchange market is firm but very dull
The ksdirg drawers having sdvsrced their rates for
Sterling to l09! the demand at on,e was checked l.
:. believed tbet very large basrces bsve been pied