New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-05-27
THURSDAY, May 26-P. ".

The Asia's news was made known in the street
before the First Board commenced its session, and
the accounts received favorable construction, suf-
cent for the moment to neutraize the alarm caused
by the unusually large specie exports. The early
arrival of the California steamer, also, with nearly
two millions in gold, contributed ~ restore more
cheerful feeling in the street. and stock operations
were consequently more spirited, while prices had,
upon the whole, decidedly improving tendency.
The opportune arrival Of this California gold will
enable the Banks TO make better show Of specie in
their next returns and the loss which threatened
to reach from g. 600 600 to 600 s now likely to
be reduced Ia about g. 0OO the whole amount of
the California receipts being counted in the average
The movement in New.York Central was strong and
w.l.sustained through the day, and the demand for
cash stock at the First Board was quite lively, the
quotations running mp to 72i the first call. The
next stock in point Of activity was Cleveland and
Toledo which advanced to 2S}, and was dealt in to
larger extent than for several months The basis Of
mprovent snot clearly established butthe operators
seem to have some confused idea Of connection
with the Cleveland and Erie Railroad management,
which is to be perfected at the next election Of direct
ors. The large purchases Of stock are supposed to
be partly for the purpose of controlling the election
In Rock Island the transactions were not large, but
quotations went up from to 62t the close of the
call. GaleDa advanced to GA for the opening, and
was quite firm during the day. The earnings of the
road are reported to show moderate improvement,
since the rise in Breadstufs commenced and the
business Of the third week in May it is anticipated
vii show a smaller ratio Of decline, than in the
first half of the month. Michigan Central firm
without especial activity, but in the afternoon ad-
70 ;Ec nil
strong, and for the latter especially there de-
cidedIy better market, the quotations advancing to
ll9 in the NOR ing, and running up to ll9i in the
afternoon; the Improvement is based upon the very
large traffic of the road under the impulse of low
fares. At the second Board the market was steady,
and with one or two exceptions, rather better than
at the First Board. The decided advance was in
Illinois Central, which jumped up to So, and was in
good demand. This advance was stimulated by
tho advces brought by the Asia, which an.
nounce the success of the Company in negotiating
for loan, which viii make good the deficiencies of
the year. Erie declined to 81, and was very heavy.
The May earnings, uuder.tand, show decrease of
abou. 81, 600 per day. New-York Central opened at
72I but fraction better at the close, and after
the Board was sold as high as 72i. The business Of
this road for the month of May, thus far, shows a
smaller ratio of decrease than in April. The Bond
movement of the day to fair extent State stocks
show but slight change. Missouri Is declined /.
There was marked decline in the securities of the
Erie Road the 4th mortgage selling down to 10, and
the Sd mortgage to 60. Illinois Central Bonds were
BETTER closing demand at 70. After the Board the
market had an improving tendency, without especial
activity. The closing prices were: Missouri 6s 80,
aS3i; Virginia Is, 96i a97; Canton Company, lsj9
10; Cumberland Coal Company, Preferred, l7al7};
New-York Central Railroad, 72i s73 Erie Railroad,
Ct a6i Harlem Railroad, l0i all; do. Preferred 81 a
37i; Hudson River Railroad, 3lia3li; Reading
Railroad, 1914; Michigan Central Railroad 42ia
i2i Michigan Southern and Northern Indians Rail-
road, 9alO; do. Preferred, 32i 1921; Panama Rail-
-oad 1874 a. 100; Illinois Central Railroad, IS 955i
Salena and Chicago Railroad, 644 a64i; Cleveland
md Toledo Railroad, 2sf a2sl; Chicago and Rock
Gland Railroad, 62a62i Illinois Central u.s. rs 79a
o; Pacific Mail Steamship Company, 75a75i.
In foreign bills there is not much movement, bu |
ates are unchanged.
Freghts-To Liverpool; 50 bales Sea Island Cotton |
7-32d., 30 square bales at SID. Is tuns Heavy
oods at l5s 800 bbls. Pork at Is 3d. 80 boxes Bacon
lbs. 3D., 800 bbls Rosin at ls. 3d., 50 casks Taow
lOs 50 hhds Hams at los. To Glasgow: 10 tons
utter at 25s. To Bremen, bxsn American ship: 200
,les Cotton at &c., and 200 Rosin at Is. 81.
ssse Of 1872 tuns to south side Of Cuba and back
iyste terms.