New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-04-26


There was larger activity in the Stock Market to-
day. and with but few exceptions, the speculative
stocks were lower. One Of these exceptions was the
Michigan Central which. opening at 81, buyer ten,
was 81 bid in closing transactions. The stock is
freely offered on sellers options, but cash stock IL
scarce. Another exception was Panama which
opened at ~ buyer sixty, but improved to l%!s BID,
regular The low rate to which passenger fares have
been reduced by the competition between the Pacific
Mail and the opposition line, has induced enormous
movement Of passengers between this city and San
Frarcisco which inures to the benefit OF the Panama
Road II is under,toodtbat the Pacific Mail will again
put on an extra boat dthat The number ofpassengers
by the three boats will exceed $500. Under this
increase Of passenger traffic and the steady increase
Of the freighting business Of the road, the stock IS
being gradually absorbed FOR investment, and the
amount afoat in the street Is now smaller than ut any
time since the road was completed. New-lork Cen
trail was not very freely offered on sellers options,
some of the prominent bears who have taken IN their
shorts showing a disposition TO lie, the market rally
before putting their line out again. II opened at
72l but steadily declined during the call and IN be-
tween Board transactions, was done as low as 2l3.
At and after the Second Board there was a strong
rally, and the stock sold high as 72 closing atli,
and dull Reading which seems to have been Tor some
month. in chronic corner was inactive but fairly
sustained. TLis stock, which was formerly very
active fancy in this market well As in Boston APP
pears to bc gradually dying out from the current
movement Of the market, and IS being concentrated
in the hand, Of Philadelphia operators Inc bears
IN this market have been punished severely IN 'hiS
stock recently and have generally abandoned dealing
in II. Harlem Preferred was heavy in sympathy with
m 81. ,YA a. frtspr
showing a steady increase. Pacific Mail was active,
but declined in closing transactions 10 ssh having
opened at 90. The short interest in this stock has
been very largely covered. In the Western
shares. there was large business done at declining
prices in the morning, but with better feeling at the
afternoon session Rock Island opened at 81 J. and
after touching 81, recovered to 81 Galena opened
at GjI and after selling at Gii, closed at % bid. To-
ledo was among the heaviest of the Western shares,
and showed no recovery in closing transactions. The
transactions were considerably larger than OF late
cash -tcc; coming out to the amount OF J. 30 shares
In the Bond market the transactions were mainly
confined 10 Government 5s, and Missouri. OF the
former $50 eco sold at l04i, showing change. OF
the latter $4,000 were sold at s. a 81 slight de-
cline portion Of those sold to-day supposed 10
be a new issue to one Of the Missouri railroads
At and after the Second Board the market was
stronger under the foreign and the Bank State
ment, both Of which were looked upon as favorable
The shorts took in considerable stock, and promi-
nent operatOrt tor the rise free buyer II will be
seem however by reference To the registered sales OF
the Second Board that nearly all the time transactions
were on sellers options. The closing prices were:
yirginias. qsl a9e; Tenne-see- 93l a93 Missouris,
S3asy; Canton, lel al9i; Cumberland, eOl a2li;
Ncw.York Central, 72Ia72.i Erie, sid9; Hudson
River 81 3D. Harlem. lli a -. do. Preferred, 3Sl
a3g: Reading. 50i d0,; Michigan Central, 5llg
81; Michigan Southern and Northern Indiana, Il
1914. Michigan Southern Guaranteed, 81 d3it Pana-
ma. 1921 1924; Illinois Central, 60 est; Gsena and
Chicago. G5aG5i; Cleveland and Toledo, 2ii 25i
Chicago and Rock Island 57}a57ii Illinois Central
Bouds. sSl SS, Pennsylvania Coal, 80 81 Pacific
Mail s. ssi.
The market is firmly held for foreign Exchange
hut the transactions are moderate. Bankers are ask
ing IlO! aHOE Outside bills are rather more abund-
ant at 1929 10. Francs are 5.l5ejlli.
Freights to Liverpool 800 bales Cotton at 3-l6d.i
800 boxes Cheese al De. 200 tcs Beet at o.. 1000
Lbls Ro,u at Is Cd; tuns Whaleioots az IA. 3D.
$50 bbls Crude Turpentne at l.. Cd. To London
&C go hhds. slaves on private terms. To Glasgow
Il tuus Quercitron Bark at 2js. To Bremen 1OV bbl'
Resin at - "a. To Hamburg, 5000 bbls Resin at
.. Cd. To New Orleans 5000 bb... Lime al sc.
vessel Of $50 turs to the South Of Europe and back
On private terms vessel Of l60 tuns, 20 Porto Rico
and back with Sugar d; 81 &c., and Molasses at s..
vessel from Wilmington to north side Of Cuba and
back with Sugar al Zee. and Molassss at 81.
Tie business Of the Sub-Treasury was: Receipts,
sos 2I3 g9-ior Customs, sS9 900. Payments, sl79-
OlC 8, Balance. s6sll.ol3 90.
The Export Of Specie for the week ending Saturday
wa. a follow: