New-York daily tribune., 1859-01-29


he's been e,s active yesterday and to-day than hereto
fore. With large aggregate hre OF shorts the street
appears to be in condition TO be seriously punished
should any combination be formed Of few prominent
houses 10 sustain the bull account bat there seems to
be TO deposition adopt any combined effort and any
permanent policy TIE bulls Of TO- day are the bears
of onorrow, snd vice veiss. Many Of those who
look upon .he future in cheerful light: and who be-
leve that during the year many of the stocks, roT
footballs at the Board viii largely increase in intrinsic
value, have already sufficient line sad are waiting
hopefully for the good time coming, while the majority
of operators apparently Indifferent TO anything bat
the small daily fluctuations Of the market. TIE closing
prices to dsy show but limited change from YESTERDAY,
not exceeding ia y cent. The grestestvsrstion has
been in Pacific Mail which fell off TO 81, seller x'y
with only sales of 81 shares bat ct the Second Board
recovered to s6 regular. The advices from Nicaragua
By the ulrois are that the question OF reopnnS 1he
Trenst route is st unsettled. The Goyernmsnt hs'e
three propositions before them, one from CON- an
derbit one from Van Dyke & Wallace OF Philadel
mia and one from the te-Yelverton Company
The Commodore appears TO lead the field. we
besr TODAY that Mr. Vanderbilt has sold his
Pacific boats to the Mail Company, subject
To the approval Of the other owner, and ths',
with his boats on this side line will be formed via
Nicaragua TO alternate with the Panama route. Read
Irp is in favor again with the Philadephsns, and the
market closes With ir1nness at 4ss bld sale OF ,Voo
shares was sde after the Second Board at 49,, seller
thirty. Panama fell off y cent. We have aovioes
to-day Of the formation of line OF samng
vessels between Bremen and Hamburg, w1ich
must increase the freight traffic Of this road.
Harlem Preferred has become active stock, and
was very firm to-day under vigorous attack from the
bears. II opened at 40 seller sixty, and under sales
of LOO shares advanced to A. seller sixty, and Al
regular bid The Western shares showed but
trifpg Grange from yesterday. In the bond marse.
the transactions were to moderate extent and prices
were rather heavy. TIE loan sold at l03, which
wss bid at the close of the Second Board after sales at
1929. The closing prices are-Eie, 140l4l; New
York Central, Sia8i.; Residing, 4Ss aiSa; Rock
Island, COZ a60a; Galena, 6S2a69; Toledo, 3lsa
81 Harlem, 140l4l; Preferred, Al @4ia Michigan
Southern, 49, 02O; Michigan Central, 81 05l2; Hi
nois Central g. 0GS Missouri 6s, S5l dSJl Pacific
Nail S6aS6i; Panams, ll6l 0ll6l.
In Exchange there is nothing of importance doing,
but the market il heavy.
Fregbts continue dull. To Liverpool: 100 tea. Beef
at Sc. Cd; $50 boxes Bacon at LIS. Cd. 02Os. To
London 800 bbls. Rosin at 2s Cd. y $50 ID; 100
boxes Cheese at 30e. To Rotterdam: 80 bbls Ashes
at 25s. brig from Jacksonville to Curacao with
Lumber, at 50 80. A schooner from st. Marys to
Havana with Lumber, at $40. ship of 626 tuns TO
Boenos Ayres with Lumber, at $l7 30, , T. cent
prmsge.
The business of the Sub.Treasury was: Receipts,
81 ,ISi, ,29l O3-for Customs $S0,OOO account OF
Loan sSl53l2 SO; Payments, $63S936 63-to De-
posi'ory United States at Norfolk, s2OO,OOO Balance,
$7,159,6s6 50.
The aggregate deposits on the new loan are about
two and threequarter millions. The advanced rate Of
interest demanded by the banks has prevented deposits
as the taker, have the privilege Of paying for the
bonds at any time before 18th March, which is practi-
caly borrowing the money of Government at v cent.
The Morey market has loat much Of the activity it
exhibited yesterday and the advanced rates then OBJ
tanned are sustained with difficulty. The plethora of
the money market which has existed for the last elk
months has been considered sn unhealthy and un-
profitable condition, and several abortive attempts
have been made to raise the rate Of interest The ab-
scTpuOn by the recent loan considered fitting OPP
portunity TO secure the desired result which, being
followed by general demand for the call loans, infid
epced the market half Of per cent to one per
cent in favor of the lender There is to-day less firm
pess in the market and in financial quarters il s
believed that within ten days the market will be still
easier it does not show full return to old rates, as
the lenders much in of the borrowers The
Jobbers paper TO great extent, was anticipated be-
fore the first Of the year-in order to prepare for
organization Of new fIms-and, at present, there
is but little paper uttered by the general trade.
We think if supply and demand would limit the rates
to legal interest it would be fortunate for all parties
concerned; but we do not think that conferences in
bank parlors alone will avail much. II will be no.
tced in our weekly review that the activity in Do
mesiic Goods continues without abatement The
manufacturers of many styles of goods are
unable to fill immediate orders, aud the tendency
is to further advance. The change from so
great depression to such profitable employment
has been so sudden, fear it cannot be permsneut,
particularly lubricants attempt TO force prices much
higher. Extremes are to be avoided and the manu-.
facturers, by association could ntaligently control
Their products, it would give greater permanency to
the manufacturing interest One mpor ant feature of
promise is, that tie home consumption is apparently
quite equal to the production.
The loan heavy in the early part of the
day, there being several weak takers pressing their
lots upoa the market. Sales were made as low as
l02.9O, which gives little no profit. The trans
actions add up about half million, portion Of il
for foreign account. At the close there vas better
feeling and los was bid. The 2O5 bids have no. yet
been awarded, but we shall probably hear from the
Secretary by New-YeaIs. Treasury Notes have ap-
pesred in large lots, and the Al y cents have been
Offered below par In regard TO the mislsd bid for
the loan from Philadelphia, Tae Ledger says:
Yesterday, however as we are informed the
Secretary decided not TO receive the bid, and sent
word TO that effect to the bidder here
The receipts of the third week of January on the
Southern Michigan Road are only $500 less than for