New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-03-09
TUESDAY, March S-P. NJ.

TUESDAY, hhrcn S-f' N.
There was further depression at the Stock Exchange
to-day, extending to nearly everything on the share
list and decidedly heavy feeling ruled the operations
at both sessions of the Board. The beIigerent char
scter of the Europas news in addition to the accounts
already received by the Jura, has contributed to IN
settle the market and additional element of dis
tubance for the day has been found in new rupture
between the New-York Central and Erie Rosds-Mr.
Moran Of the Erie having, understand, notified Mr..
Corning of the Central of dissolution OF the compact
account of its alleged violation by the latter Il is
stated in the street also that Of the members of
the bull clique have been free sellers for several
days, and this fact alone would be enough
to give the market its downward turn. The
buyers at the morning Board were mostly for shorC
account, and there was little effort made to sup
port prices. The transactions in New-York Central,
Hudson River ard Rock Island were quito large, bot
in other stocks the business rather under the
rage of daily operations. The most decided decline
was in Hudson River, which fell to 81 and came into
market quite freely Rock Island sold to the extent Of
$3.50 shsres opening at 81 and dropping to COS a. the
close of the second call Galeua heavy, and went
down TO 702 and in final transactions offered freely
at the price, Reading was less active than usual and
was rather rmer than most Of the stocks the list
OSN ShNhs NOSANN VI NNHh oS 'N-APoieN '4IA
closing prices OF yesterday. In the Michigan roads the
dealings small, but quotations shos decline Of
TO q cent Illinois Central fell Of to 6si, but was
steady al the Close The traffic reports from this road,
thus far in March continue favorable for fair in.
crease over last years business. The gain upon TIE
Illinois Central, at time when roa3s running east
and west show decline generally, lie somewhat
against the popular theory that north and south lines
are ess favorsbly locsed for business. A. the Secoad
Board there more activity bat at further decline
in price,; and, at TIE close, the market was very
heavy. New.York Central fell of to 79l, Michigan
Central to ST.! Galens to 69t, Rock Island - COZ,
and Panama TO 1l6i. There quite rush to
ssll most of these stocks and the bulls, for
the time, appeared to have abandoned the
field entirely. AFTER the aijournment however there
were some efforts made to get up rally, which
was attended with Indifferent success. TIE commits
sioR houses throughout the stree, complain Of scare
ty Of outside orders and the only result of the recent
movement 40 far as the public has taken sny part
has been TO bring more stock into the HAMS OF
brokers than before it commenced. IL mas eyiderdy
been speculation xssinst the tide, and could only
have been successful by ,trong and persistent efforts
which might at last have drawn in tn, support which
the market for some months has needed 50 much.
The closing prices were: For Missouri o., So 9Sl;
Virgins 6s, 96i 997; Cumberland Coal Co., 2Si s24i;
New-York Central, Tsl o7ei Erie Rssrosd, 9e9i;