New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-03-03
COMMERCIAL MAII,ERS

WEDNESDAY,, March 2-P. NJ.
With A fairly sctive market, the downward turn Of
Yesterday afternoon continued today, but the decline
was not very important. the change 10 tbs tendency
of tue market sppeas to have resulted from the pro-
cess OF realizing prof by portion OF the oginstors
of the rise of last week which has tlrown more stock
90 the market than it could absorb. Some of the prn-
cipa shorts had supplied Themselves which weakened
the demand and u-der the circumstances, the market
certainly sho red considerable ver'ebre. There were
ssme symptoms yesterday that outsiders were
more disposed to join in tls movement, bat
the tuID in the tide of speculation noticed to-day has
materially checked this disposition and the commission
houses appear to be rather sellers to day that buyers
NewYork Central sod to the extent of 800 shs clos
rg at eight decline yesterday price. The bears
did not appear disposed to put out options freely aud
only 500 shares we're sold long sellers option. The
unusually early opening Of lake navigation will hsvea
favorable influence upon the traffic of this rosd aud OF
the Erie. Reading not active, but wss well sus-
taired. Harlem Preferred was steady at 39i.
sale OF Second Avenue made at par.
The April dividend Of . T. cent is already eNGed.
Pacific Mail continued heavy and fell of 70 76i the
bears making fresh attack upon it. The sdvices
from Washington ere that Mr.. Wander olt will prob.
ably be defeated in his attempt to obtain the mail
contract. The Western shares were heavy, under free
supplies Of stock and Of the bears appeared dis
posed TO press the market TO st lower points. AT the
Second Board there fair amount oftrsnsactions,
and prices again trle of, but in closing trars
actions there better feeling, and more DISPOSE.
n shown to buy the leading fancies. Doe or two of
the late operators for tho rise csme IN TO sus.n prices,
and after the regular session there was qats
buoysnt market, higher prices being estsb-
40 bA lAa
lure Of the market WAS the demand for Pacific
Mail, which u1der moderate purchases, sdysrced TO
II! 3D. Tire street rumor wa tha. Mr.. Vanderbilt is
seriously H. which may preye1t the running of the OPP
petition line Tie demand for Cumberland was good,
ard nearly 800 shares sold ct o. an advance of / Y
cert closing at that bid. Some outside parties who
have been examining the condition aud prospects Of
this Company have of late been buying considerable
parcels Of stock to held for the results Of the business
Of the Iext year or two. Central cold low as S0!
but closed at sO3 bid. The Western shares were not
active but strorg In Bords the Transactions toasy
have been to fair extent, at about previous prices
Some $40 coo Teonessees sold at 90i Missouris were
s5l A sale Of Government IS, 1874, was made at
1891, ard but small amount could have been hal at
that figure. At at private sae $4,000 Minnesota
Y cents sold at l0j and interest. At the close the
market was a rising one at the following quotations.
Tennessee 6s 90F90I; Mfsouri 6s, S5i 80; Virginia
&c, 9GI ae6l; Canton Company, 20la2Oii Delaware
and Hudson Canal Company, 99a99ii Cumberland
Coal Company, 2ia2iii Nsw.York Central Railroad,
Siasoi; Erie, III el2ii Harlem, l2i Hulson
River, 32la32li Reading, i9i ai9si Michigan Cen
trsl, 5li e5li; Michigan Southern, l8lqlSi; Mchi-
gan Southern, Preferred, isaiSt; Panama, llGie
III; Illinois Central, 60 a69ii Gsens and Chicago,
50iQ70i; Cleveland and Toledo, 29l e293 Cnicsgo
and Rock Island, 6lI a6lli Milwaukee ard Misss-
sipp, l2l el2l ILLINOIS Central7 y cent bonds, 1873,
SCI as9l; Poetic MAJ, NAM.
TIE market ia quiet but steady for Foreign bills az
100 l0ei for Sterling, and j.l5aj.I2i for Francs
Freigtts to Liverpool: 800 bales Cotton at 1-3|d q
3l6d. 200 bbs. Rosin at Is. 90 100 tuas Cedar q!
l5e.; 200 bag. Brazil Mats at l5s. To LONDON: 10
tcs Beef at Is Cd. 100 bbs. Pork at Js 81. - essks
Rice at 90. 3D.; % boxes Bacon at 29s. 81. To
HAVE: go casks Rice private terms. The chip
Crusader row on voyage from the United Ststss 20
Australia from the Gasno Company Islands in the
Pacific TO New-York, private terms. Tarse vessels
TO the Mediterranean with Slaves, private terms.
The business of the Sub-Tr.ssury wss: Receipts,
tl5s.l25 Is; for Customs, s95 600; Psymeuts $j5,
29i AZ; Balance, q, $50 ,243 O..
The eernngs Of the Michigan Central for the third
week Of February were:
Pu.~rs,n...........sISsS q sn,Ss 2
ii