New-York daily tribune., 1859-05-17
sTCOND EoAED.
MoyDiY, May l6-P. 4.

The Stock market has been irregular during the
day and one or two Of the leading ances have tnc-
tunted violently. AT the opening OF business the
market YVES very heavy at a considerable decline
on Saturday prices but the call proceeded there
was better feeling in some descriptions, and the
market closed with more strength. Between the
Boards there active inquiry for cas stock OF
N,w-York Central and Rock Island, which are scarce,
and the shorts were obliged TO pay high "a '3 Gnf
63 10 meet their contracts. Rock Island is very
scarce ard the differences between cash ard sellers
options are very large-3 v cent for 60 days. Stock
can be loaned at y cent v day, and in one instance
j. = cent was paid for the of stock for 10 days.
The business Of the Rock Island Road elbows
an improving appearance in May and the present
movement in il is said TO be based upon The strong
probabilities of resumption of diviiends IN October
next, Central which opened at ~? advanced tn 3 and
aerreacting TO ~ gain improved to13 The deliver
ics of this stock were made with considerable difficulty.
Pacific Mail fell of from 81 on Saturday to s0 but at
the Second Board recoS cred to 80 bid, under the
pour cement Of the dividend. We hear Of progress
in the negotiations between this Company and Mr..
Vanderbilt. Panama quite active, although not
firm in the morning, at III 9ll4 Ailer the Second
Beard there were buyers at ll7l, bit sellers The
Il & ceht dividend Of the current six months was
earned III three and the only cause for te hesViness
to-day the prospective danger oi the opening oi
the Nicaragua onte by parties Interested in the John
son Mail grant. There rumcrs, but they take
no definite shape, that negotiations are 60
ing on for boats with which to open this
route but from what can learn, the parties would
prefer 70 sell the mail contract Ii was offered 10 the
Pacific Mail Company last week. Galena has been
strong during the day, and without large business,
adyauced y cent. Michigan Central was weak in
the morning, but improved in closing bids to i2s.
TIE Michigan Southern stocks were moderately yaetlve
and without change Of Importance. Hudson River
was not active but steady; the business OF May Is
reported TO be satisfactory. The process Of turning
wood burning engines into coalbuners continues, by
which very large saving Of fuel effected. Harlem
Preferred is firm at ;jGi bid. At the second Board,
the market was not very active, but the quotations
were well sustained There eppe TO be rather more
desire upon the pat Of the bears TO put out their
options aud Of the time sales to-day amounting
TO 80 shares, 4,0OO shares on sellers options,
beside $20 coo of State Bonds. The parties operating
for the fall argue that the falling of in railroad re-
ceirts s not yet at an end that the European con-
fict mrs. have an injurious effect upon our Money
market, and with the drain Of specie going on pro-
duce before long decided stringerey. On the other
Land, the bgl! party anticipate sfter this month sn
improved condition OF railroad traffic, partly growing
out of the nstural increase Of business and partly out
Of the great movement Of breadstufs and provisions
consequent spon tie present speculation, and I'o
that the Eurcpesn demand for cereals AID provis
ions Will check the outward specie movement, ard
bring about general state of prosperity. Aer the
Second Beard without much activity, the market
was irm. The closing prices were: Tennessee, 6s,
9,!a9li; Missouri "a, 81 ass; Virginia Gs &c d
oCl; Canton Co., Is: ls Cumberland Coal Co.,
l6 eli; NewYork Central, ~; ais; Erie Railroad,
?,as Harlem Railroad, los III Harlem Rail
read Preferred 36l a 3s; Hudson River Railroad,
3lia3ll; Reading Railroad 45i i5.i Michigan
Central Az i?i; Michigan Southern and Northern
Indiana Railroad, 9t e9;; Preferred 10, 3l;e3li;
Panama Railroad ll7i u.s. Illinois Genital, 81 IS;
Galens and Chcsgo, 63! z63l Cleveland aEi Toledo,
6iaao,; Chicago and Rock Island. G. s63l LIMOS
Central Bonds, Sol ssoli Pacific Mail sal sSa..
IL loreign bills there is ~ change VI Importance.
Bap kers signatures sre firm at lloi lo4 but com
neTcia bills irregular and heavy, ranging from
1851 ale9i. Bsnkers frs.cs are SIC J5s,, but co-
nsescai f!aacs are HrsaiStie
Freishts to Liverpool, 800 bales Cotton at "a
s3si.; so boxes Geese per steamer 5, 3s; lho tcs.
Beef u. ~; 80 bias. PO,k a. Is Cd; - bo1es Bacon
st lo-. A big TO Cediz With Pipe Saves o, private
tome. A Byensn brig 70 Csjis With Slaves at ssi.
Two vessels icy Ns>eiies ct Al ahi 80, sGd two fet
Bcfdeeex o. priyae terms. To Bangor. Flour IS
being shipped al l5c., l6c. ard ifc = bSl. 4
schooner Of 80 tras IRON yack soaviae to Nev-York
With sawed Lumber AZ tS. A bark TO 81. Jsso sad
back q, ilc. for Sugs. sad 81 toE Moisses deci
paying her Own pot charges
Tie taspsss 81 tie Suh-Tfcaysy Was: RccSYts.