New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-02-19
FRIDAY, Feb. 1872. ".


The Stock market was. quite irregular to-day, and
not generally active. Some of the leading shares
show fair improvement over quotation, Of yesterday
while other are lover. The foreign did not appear
10 have any especial influence on the MARKET although
many Of the items are of belgerent character. Pri-
vate advces, however, are, as heretofore, of more
peaceful TENOR and with these assurances different
from the articles published in the foreign papers there
is les, unessness the subject than otherwise might
be expected. At the First Board, New-York Central
was heavy, and declined on the call to 7St, though
slightly rmer in closing transactions. 1t is under
stood that this Company have determined to run fast
hain On their line to compete with the Pennsy lvans
Central, and that this will be considered breach of
the existing oontrac: by the Erie Road. A stormy
time lie anticipated ahe meeting Of Presidents to be
held the 23d mat. This threatened trouble is the
immediate eause of the decline in New-York Centr.
as well as of the heaviness and inactivity in Erie
Cumberland Preferred, with moderate Transactions
advanced to 24l and ct the Second Board was frsc
ton better. Pacific Mail was steady at 7sl, and held
at about that quotation through the day. There was
less excitement in the stock than usual So far
hear steps have been taken which indicate any
compromise as yet between the Company and Com
mOdore Vanderbilt. Harlem Preferred opened at &c.,
and WAS in good demand in the afternoon. Reading.
with very moderate transactions was firm. Sales at
the Second Board were made at 49i, and after the
adjournment the stock changed hands 6. higher
igures, in bigk 50l. The cash stock is
quite scarce, and the movements appear to be feversh
and unsettled according to the necessities of the
shorts. The tunnage for The weak is 23O59 tuns.
Panama was steady at il5lall5l, with q fair
h,.x DBL IL
stock of the Western shares, and the sales were
quite extensive .. the First Beard, footing
up an aggregate of 3,a5o shares. The quot.-
tons touched 6ls on the call, bus the stock closed
rather dull at this price. Michigan Central GAlens
and Toledo were firm, with but moderate transsc-
lions, aad without marked change in price,
Michigan Southern old and Preferred shares contrary TO
the general direction of the market were quite heavy,
and IN the fsrmer there WA decline Of Isl y cent.
Illinois Central advanced TO 67i and was steady dur.
ng tbeisy. The accounts from England are under.
rood to be encouraging in regard 20 the f1anciAl
ehene Of the Presidert and the rosd itse,f is
better traffic. AT the Ecoord Bsard,
he market, upon the whole, ives very srm without
my marked improvement over morning prices. The
peenlatve movements stll seem 10 be restricted 70
he circle Of stock operators q. the Board. but the
ohtinued fmness of the market attracts some st.en
ION. The most unhealthy and unnatural feature devel
ped Is the irTegnlanty Of Ike Improvement,
nd II n difficult to examine tho transactions
Iithout coming TO the conclusion tina. mere
peculstion based upon short saIes and scarcity
stocks has more influence upon the operating par.
es thar any favorable change in the position and
respects of the stocks themselves. We notice sales
Indianapolis and Cincinnsti Railroad at tho Second
GARD a, GO, which is a.cded Improvement On pre-
Gus quotations. he ckErg pnces we're: Pn