New-York daily tribune., 1859-02-07

appY Abe 10 nsnsectsonS oo1nhso W s"o
in. dla,e circle tf specusiors 10 Whsm street tasn
to the great outside pubhc, which ~ Aer ALL the con-
trolling power Of the Stock market. Ipe pracncsi
onesuoD IA ~betber Dot the constituents OF the bro
hers OF the stock Exchange are TO be moved one way
or TIE ober, ACCORDING to the iorsigu news O. h'nd
poubt,e.s good or bad accounts will have an inaa-
epoe ID s.t,lrg unseithrg confidence; but there
beneath the surface Ct thrgs serious officially to be
oveIcon e. WI len a. the pre'ebt time u vastly more oi
drse to the Sock market than the apprehension ofs
colfct among the European powers. Thi. IS the
oeepeated atd WIDE .pIesd distrust of RAil~ay seed
ririts vhleh occupy large spsce on our stock is
Bad management, lavish expenditures, enormous
shsves apo e1travagaDt 6nancierirg have done ther
WORK and the miserable traffic Of the past year has
served TO confirm people in pr'jucice sgsinst R.l-
vay property, which nothing but return Of
good bu.itess and thorough reforms in manage
ment can thoroughly eradicate. The experiences
of year past furnishes practical illustration
of the uuth Of this. With money drug
in the market at 3, 4 and p cent-0ferng, in its
very abundance alone strong temptation for extern
siye speculative movements-with a steady and very
importapt advance in St.te Stocks, Bank and Insur
apos Spares. we have still Witnessed positive ne
elect, 20 far as real investment is cnteron Of tae
which. two years since, were comparatively popular,
are ov Stunned ano dstrusted. This is not feeling
TO be distipsted ea,iy-it is work OF time and @e
feel therefore less inclined 10 look upon the CON-
plexion Of the foreign as frsught with the i'm
portance Which many attach to it. With far grester
anxiety and interest do watch for the symptoms OF
returning health and activity in trade for tue revival
Of bpsit..s at the West and the prospects, of good
crops for tne year. The caprices Of spe Juaiou nay
Temporarily cary up prices at the Board bot SAB
ttaniIsl Improvement mu rest upon the ba.is OF the
general pr priiy of the country. Appearances astuy
the xp ctatioD OF approach to this point bat IT mas
not VET been arrived a.. The most interesting stock
moytnett. Of the DAY have been in Pacific Mail, Hsr-
lem Pleieued, Psnams and Rock island. The 5 cam
sp stock opereo at 7s and closed 10 the afternoon at
II itb lar degree Of activity, but with less exc'e-
inert tban heretofore. TIE short lines have been
greatly reduced within the week. but cash stock Is
quite scarce on the street For Harlem Preferred the
demsno was lively aud well sustained, the stock clos
rp at A.: at tie Second Board, an advance of u g
cent ove prices of Yesterday The bill extenditg the
charter of the Company and granting out privileges
has parsed TO a third rrs ling u the Sena'e, and viii
soon become law. This IL considered al iuipor aot
advantage to the Company. The road is prujenl'y
and economically administered and s rapidly working
into a very good position Increased bushes. aud
diminished expenses thus far TIL quite favoraby opoa
the net eainlnts. Panama continues t. improSe on
the prospects OF large business fr the yesr a. the
Second Board the ttock vas 10 cen,nd a. lltl. The
movement in Rock Is'and is stroug and well su'-
tanned quotations adv v.ncIg TO 90 DUNG the d.y.
The advance seems TO DO purely speculative, late
advces from the West gNina 10 lid cation OF any
present increase of business NewYork Csutr,l took
start in the aft,rloOn, srd vas firm at 81 Win
dividend of cent close a. hand the stock nss been
spgulsry apahetic. IL is somewhat renla kabe that
stock which bas occupied so mucn attention IN
sptculaiivs way ss T. albg should be pssei over in
two ses,iocs Ct the Fust Board without registered
ssle t,ere to be great indifference TO Its move
nepts at de Board The only public sale OF the
day was at the Second BoHd, when 10.
of 100 sbares changed haDds at isi eco.
The Prladephans have been lees active in it for sew
eral days The Michigan roads, without having
especis prominence in the tran acticns are, upon te
whole, gradually improving IN market values. Tue
Southern od is steady 81 Isl and the Preferred at 4l
Private sales Of the Central are reported st 80 but
there were no tram actions registered during the Gay
Gslera advanced T. cent and WAS frn, without
activity. Ehe was not largely dealt iD bat shows
slight Improvement Illinois Central bad frm bat
not ami mated market, sad closed firm at quotations.
There was slight Improvement in State Stocks, bat
not an sctive market. In Railway bonds, the trade
was light, and tie changes are not important. Ls
Crosse Land G, an advanced to %. At the close
Of active busiress in the Board room, there
was sbght feeling Of cuIess but NO change in quota
tops of importance. The general sentiment IN the
sueet seems TO be moderately 10 favor of rising
market and althoueh there not az yet any vigorous
support given that direction there is mu n less op-
position offered and but little cispo,t on to operate
for further decline. TIE closing prices were: For
Missouri 6s, 81 qSi,; Canton Company, l9! 6l9i;
Cumberland Coal Company, 70, d2li; Nex-York
Central, S2S asst Ere, 49, ali; Harlem, l3l 1885,
Pref.rrei IL a f.; Hudson River, y 1921; Reading,
As 70; Michigan Central, 80 a50, Michigan South
ern and Northern Indiana, 49, 49, Preferred 45i a
46; Panams, ll6l dll62 Illinois Central 66s e67; Ca
lena and Chicago, CO. a69i Cleveland and Toledo,
303 a3Oi Chicago and Rock Islsrd, CO. COZ; Illinois
Cenirsl 3 cent bonds, 1875, s6iaSi Pacific Mail,
16i d762.
There is potbirg of Importance doing in ,resn bills
and the make is steady.
Fre'ghts are quiet. To Liverpool, 100 hhds. Bacon
at l7s Cd 80 boxes DO. al same rate 30 tee. Rec at
lie. 6d.; 10 tuns Bones on private terms 80 tuns
Coyerseed per steamer at Js. To LOndon % tcs.
Beef at is. ej.; COO bbls. Rosin private terms
ship Of coo tuns to Norfolk, thence to Jamaica and
thence to London or Bremen, on private terms
TIE business Of the Sub treasury was: Receipts,
$214 205 l5-for Customs. tl65, ,0OO-Tressury Notes
received for Coston during the week, tl56,46 ls-
Loan, $i5,3i5 Oh Payments, $3l5,2 IA 49, Balance,
$SlO3 $40 a. sgsinst e. 3o 900 last Saturday, sho~
ing an ire,esse Of about $500 600. In addition 10
this we have Loot about $500 900 by foreign shipments
20 that, notwithstanding the California arrival counted