New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-01-08
THURSDAY, Jan. 7-P. "

THURSDAY, Jan. 7-P ".
Business at the Stock Board has been very extensive
so-day amid general excitement in the street aud with
o rampant market for large majority of the stocks
quoted. There have been but one or two days since
she suspension of specie payments when the amount Of
transactions could compete with todays operations
and but few, if any which displayed much strength
end buOyancy in the general market. There was de-
rided improvement at the First nca a IN the quotations
-: .'ew-Yerk Central, Erie, Reading and Toledo,
with particularly large sales Of tho three last
named Michigan Southern was also better, but
Iess active than usual. Rock Island sold to the
extent Of about 1,4OO shares, but did not appear
60 sympathize with the general buoyancy. Pan
ANA advanced (, and was steady. Michigan Cen
trail and Illinois Central were rutncr n-~-,
,alv NV foreign orders which known to be in the
strsat Harlem and La Crosse were more animatea at
a small Improvement in each. Canton and Cumber-
And. though quiet, were very firm. just before the
close of the session the supply Of stock seemed for the
moment rather in excess of the demand, and slight
reaction commenced, which carried through the
interval between the BOards-the bears taking advan-
tage Of the pause TO establish quotations of decline
Of from to q cent, on an average for the leading
share securities.
AT the Second Board TIE market turned again ire
sistibly in the upward movement, and prices at al
tournament of the session had nearly recovered lost
ground. The amount of business was much larger
also thaa at ordinary meetings of the afternoon Board
New-York Central which between the sessions had
declined to 76a was up To - again. Erie, whlch had
been dull at 20, was in request at the quota'loh'
Reading, which had been sold down to 5't, went
CD TO So again. La Crosse advanced to IL
Rock Island declined B. and is almost the
only instance of continued falling of from opening
a. Iav ros1 helm one of
sew at the West which has but very small debt, as
compared 10 stock there to be something rather
singular in the depression, while nearly everything else
has been buoyent.
The movement in Bonds was very extensive, with
sales up to the very large total of s2 OOO Invest
nent orders have been quite heavy, and some OF the
largest commission brokers have been free buyers ii
State securities through the day. We notice fair
advance in Virginia 6s Mssouris. Tennessees, Michi-
eans and Ohios. Michigan Central New Loan Bonds
had declining tendency and were sold down to sc on
Aime and TO SO cash.
Later in the day, prices were firmly maintained,
though but little done in the street. The closing
bids were for Erie, 20i New-York Central, a; Read
ing SO; Michigan Southern, 2Oi; Toledo i3s, &c
The market seldom presents stronger aspect than
that developed in the operations of the day. and those
tere in movements for the rise have been consd
Grady elated with the which appears to be
certain. The present advance, though partly I'M
PEELED by clique movements in Erie and Read
ing, is, nevertheless, more attributable to the
palpable abundance of money than 10 any
combined movement among speculstors 1t is the
irresistible upward surge of the market made elastic
and buoyant by the lack of the ordinary modes of
pioying capital. Millions Of dollars thus accumuatiue
., great business point violent contraction to lie idle
tall 10 al sto az.
ent and speculation attracts attention the easiest
and most convenient mode for its temporary employ
ment. This is The great secret Of this active stock
movement in time of unhealthy stagnatiOn and uni
verssl distress in the trading circles.
The market for foreign Exchange is inactive. The
-<nppy OF bills is good aud rates are without change
Sterling, slos 0lO9li Francs, 5.3Oa5ls;e
Freights are without change Of moment. To Liver
pool, 300 bbs. Flour at 2s; 5000 bush Grain at
Sd; 1925 bales Cotton at 5-3e Sled; and y steam.
or Baltic to sail the 10th inst 400 bbls Pork at A.
and 100 bales Wool at ID. To London, 800 hhds. Mo-
Iasses at 27s. Cd. 1900 bbs Ol-Cake at -. Cd. To
Hamburg, so bbs. Pot Ashes at 25s.; 100 tuns meas
urement goods at @7s. Ga. Danish brig Of 800 tuu
TO Rotterdam on private terms.
The business of the Sub-Trcasury was: Receipts
SllSS3f I6; from Customs, $4,000; Payments, $lsi,
90 -; Balance $2,97S,2n e.. The payments in
ciude some $50 900 TO the Collins Steamship Company
S. Diapers regular daily auction sale Of stocks an
bonds viii take place tomorrow, Friday, at II
O'Clock, at the Merchants Exchange.
Albert II. Nicolays regular daily auction sale Q
stocks and bonds will take place tomorrow Fr
day, at l2i o'clock, at the Merchants Exchange
The following sales were made at auction to-day b!
Albert II. Nieolay:
eShoo Detroit Milwaukee r. T. interest sded,...... 20
6c Northern Indians Z - interest sdded o.
$500 Rock Ia Peoria h l0O interest added %
aeao Ter Han Alton RR 1t M,g Is int added. ssh Q5i
1900 Terra HAute Alton r. "a MTG Interest sdded j.
It0 La Crosse Milwaukee r. 10 interest sddcd
Town OfJefer-on Wis los interest sdded 90
1900 Louisiana SAFE y cent Bonds t.......... 81
2o0 New. York State 4 stock 1884 .O5
30 shares Delaware Lackswanna Western R........ q
,hnr,s Third Avenue Riroad ~
10 shares American Express Company INSTRUMENTATION. 9j
10 shares Artisans Bank 20