New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-07-14
COMMERCIAL MAZTERS

WEDNESDAY,, July l3-P.a ".
The busipess of the First Board was very well dis
trbutei and there was very steady market In the
early transactions of the day; but before the session
cosed there were symptoms of a reaction from the
highest points touched and prices were rather lower
for a majority OF the stocks dealt in. The market
displayed considerable strength, however, in the
course of the speculative movements, and pnces
yielded slowly. There has no doubt been some
realizing on the part of the bulls yesterday and to-
dsy; but on the other hand, new parties a. tue
Board have made their appearance as buy
ers, and there was upon the whole al
appearance of more real business vitality than has
been witnessed for some time. 1t is not to be denied,
however that yet the movements for rise or1gi-
nate mainly with the spectators OF the Stock EH-
change and that immediate circle Of street operators
which is influenced by them. The expectation OF the
operating parties il, of course, that the pubic Will
follow the movements but thus far, the response has
been public The market is in ust that position
when favorable features would exercise strong IN
huence towards improvement, bN there Is nothing
yet which looks particularly encouraging, except the
prospect Of good crops. GA this harp
of thousand strings, operators for the rise work
very indusriously and upon much better foundation
than six months since, when the argument was pre-
maturely advanced IN favor of an immediate advance
in Railway stocks but there is even IN this reasoning
a strong dspos ton to eIaggerate, and TO Discount
the future. The most important transactions OF the
FIrst Board were in Michigan Central, which was
bought and sold to the extent OF over 2OOO shares,
mostly on time. The stock came out with more
freedom than for several days, and was rattle.
over supplied the secord csl-the quotations drop
ping 10 4ll at which il cosed firm. New-iork Cen
trail sold at IA at the start bat after early orders had
been filed seemed to drag little, and was rather dull
for the remainder Of the day. Harlem Preferred was
strong and in active demand through both sessions OF
the Board advancing Ia 3d. and selling at this price on
sellers options in the afternoon, to the extent OF 900
shares. Galens and Rock Island were not actively
dealt in and the quotations fraction lower for
each but both stocks had tolersby steady market,
Panama sold al III at the opening Of the call but de-
clpet fraction and wa. offered on seller contracts at
con siderable discount from the regular price; but at
the Second Board was frner again, and closed at III
| bid. Huison River went up to 33i at the start but
came cut freely at the price, and in the afternoon was
/ done at SO. State Stocks had firm aud improving
market but the dealings were no, large. Missours
advanced 10 s33 but fraction lower at the Sec
! ord Board TIE closing transactions were at mod
crate decline and the market seemed 10 drag rather
heavily sf;er the adjournment. The closing pr yes
were for Missouri &c. 81 es3ii Virginia e, 81 s94a
| Canton Company, l8l; Cumberland Coal Company,
! I6. Nsw.Yoik Central, %. g7f Erie Railroad q o
! :; Harlem Railroad, @! 9lUi; Harlem Railroad Pre-
/ ferred, So d56i Hudson River Railroad, 32i a 81
Reading Ralrosd, a.. ei2i' Michigan Central Rail
rosd, 4.iai2 Michigan Southern and North
ern Indiana Rsilros3, Il; Michigan Southern and
Northern Indiana Railroad Preferred, % G25i Pan
ana Railroad III 9ll7l; Illinois Central Railroad,
81 q 81 Gsleua and Chicago Railroad, 63i 6ji
Cleveland aud Toledo Railroad, q d2jii Chicago
and Rock Island Railroad, col a 81; Illinois Central
y cent Bonde. IS, s.. coi' Pacific Mail Stea chip
Company, 6Satsi.
The Fereigo Exchange market ia steady, b1. mac