New-York daily tribune., 1858-03-19
THURSDAY, March l3-F. N

| change though not quite so determined ana vigorous
| IN tier InOyereIts to-day. Pnces were 20 ne"hAt
irregular at the first board and the market seemed 10
be thoroughly unsettled for the tine. The abundance
Of money appetrs to have lost for while at least l.s
stimulating influences and one alter another OF the
ances show signs Of weakness outsiders LOOK back 20
the panic prices OF October with shudder and Vsion7
Of the enacisted figures Of Erie at 8, Michigan South
ern At 6. New. York Central Galens and Rock Island
| q. from 20 to jj, Cumberland at 6, Panama a. 3D.
Michigan Central at %, Reading at %, Hudson River
at Is, &C., come back with unpleasant distinct
ness TO their minds II is only by comparison
with quotations ruling in Wal street At the
tine retired to- tiat We enabled to realize the
tremendous change which has taken place il market
values Of large proportion of the stocks on our list
end although nothing Of decidedly uniayofab.e char
acter can be urged against further advance upon the
same general hypothesis Of the results OF glut in the
money market it requires but little reflection to be
satisfied that prices have been strained to points from
which recoi Is the natural though not inevitable
| consequence. We have. from the first, stated that
intrinsic values had but little do with the improve
ment in fancy stocks reported from day to day as the
fever Of speculation progressedregardng the upward
movement partly arising from diseased Condition
Of trade which, producing an accumulation OF llle
capital induced wild and indiscriminae operations in
il temporary employment. We are not therefore sur
prsed that check has been nterposed to these un-
healthy movements, although hardly led 10 anticipate
them yet. Ile reaction will be pro uctiye of good-t
" i'll teach people 10 be careful in their stock IN
vestments and repress TO some extent that rampant
spirit Of speculation which had attained dang
hight At the mornings Board there was moderate
decline in most Of the leading shares with fair degree
of activity The most portant decline was IN Rock
Island, which from IS broke down to 1ji, with but
slight opposition From this point, however, the
stock showed greater firmness, and between the
Boards was down at -. New-lork Gen.
tral was tolerably I'll sustained, but sympahized
TO some extent i'll the general heaviness. Ere I'M
proved fraction, bu. unsettled at the close, and
down TO 90 again Immediately after the adjournment.
Hudson River was steady and rather better, though
not active. Reading weak but underwent no de-
cline of importance. Michigan Southern Old went
down to 25 and the Preferred to 30. Panama opened
at 0j but was pressed sellers options and closed
fraction lower. Galena was finn, but inactive. In
the afternoon the market was a little iirmer aud in
New-York Central, Erie and Hudson River there
was slight Improvement. Rock Island went
up to 5S but fell back again 10 u, and
finally closed at az. Reading, small sales, was
& cent lower. The Bond market dull except for
La Crosse Land Grants which advanced to 39i, with
sales of $2l 900. The closing bds generally at
higher quotations than those ruling at the Board and
| the market bad rather more cheerful aspect. For
New.York Central the quotations we've 92l G92I
Rock Island, ~ as Michigan Southern, 24i %;
Toledo, 46i iaf; Gaens, 93l Z 93i Erie, ~ a@
Hudson River 80! a3O.i Reading, 81 ! jSi Cumber-
| land, 20l u.
There is 10 activity in Foreign Exchange, and the
market has declining tendency. The quotation for
1 Z a. 4
Freights unsettled; the engagements light To
Liverpool: 10000 bush Grain at 3D. in bulk 300
bales Cotton at 3l6 7-}2d 500 boxes Bacon at lie.
3D.; 80 bbls. Vinegar at 2s. Cd. 1000 gals Whale Oh
| at 2Os To London ~ bbls. Pork at 3s.; 80 tuns
Fustc at LIS. Cd. 50 Moving Machines at l7s. 81. y
| 40 cubic feet schooner with Coal from Elizabeth
polt to Boston, below the bridge, at 81 50 a. tun.
| Tie bark Whhlwnd, 10 tuDs, years Old, sold for
| 5000.
| The business Of the Sub-Treasury Receipts,
| ss9O.tO7 si-rom Customs, $1,000 Payments,
$lis.77C-California Drafts, 5000; Balance, g.
1850 81. OF the receipts some 800 900 were for
deposits on Treasury Notes, making about q, 900
| in the aggregate.
The Cary Improvement Company has declared
emi-apnual dividend Of 80 cents e share payable Goth
| April The Philadephis Wilmington and Delaware
| Railroad Company has declared dividend Of 2 T.
cent payable st April. The Rock Island and Chicago
Railroad dividend usually paid in April will probably
be passed bat there current rumor that the Com
pany will make one in July. Mr.. George 7. Olyphsut
has been elected President Of the Delaware and Hud-
son Canal Company vice Mr.. John Wurtz, resigned
Tie business of the Clearing House to-day was $2l
2s5sI7 which is unusually large, partly the result Of
the movement OF coin into the Sub Treasury. The "a
Treasury Notes are quiet at al y cent discount,
not plenty The new issue, bearing = cent ioteres:
are offered at E cent premium. This rate yield.
inc about Al e. cent interest the investment, Will
make these notes attractive to cautious investors.
small defslca,ion Of $4,000 is rumored to-day in one OF
the city banks The suction sale OF dress goods the
importation Of Messrs. Bernhard & Hutton, continued
from yesterday was very fully attended to-day by city
AID other buyers and prices were quite satisfactory
Desirable dress goods are not plenty, and the compe
ton for such lots was marked. In some cases prices
showed an advance of 10 = cent Sales of upholstery
goods lace curtains millinery goods, shsws &c. were
well attended and the bddings were quite spirited. In
the general Dry Goods business there Is not much
activity Staple Goods are in fair demand at steady
prices. and Domestic Goods are very firm under the
advance in the price Of the raw material. Some
Southern buyers are in town, snd Western merchants
are also appearing in some cases for the second time
Firt houses are buying rather freely in conse.
Quence Of the holding bs,k Of their neshbors whose
credit s not so well established The Cloth and Cloth.
ipg trade is also more animated. The grocers, we
undentand. are quite busy and upon the opening Of
navigation we shsu probably have fair activity IN
nearly all branches OF trade and commerce.
g. D.spu.regulE daily sueti0n sale Of bonds Md