New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-03-19
RRCOHD ROARp
SATURDAY. March l7-P. J

The principal movement Of the day was in New
York Central and in this the speculative feeling Of
the market seemed TO concentrate to the exclusion of
other stocks and although the dealings were toerably
we'll distributed there was marked activity in any
other until the afternoon session. The action of the
Senate on the Toll bill yesterday gave strong i'm
peus to the upward tendency of prices, and the efforts
of the shorts to cover outstanding contracts together
with the fresh orders which were attracted from out
side parties, caused lively time the fret call Of
New-York Central. The early sales were at 75s, but
the stock was supplied freely, and, with the changing
of about 600 shares the quotation fell off to 75l. 1t
became evident at this point that of the recent
buyers at low prices were realizing, and there was
a perceptibe change in the temper of the market for
the remainder of the session. The Western shares,
although, upon the whole, very well sustained, and
displaying an undertone of strength, were in some in
stances fraction lower than at the Second Board Of
Friday, and there was a slight hesitation in the deal
irgs which made it apparent that the temporary drag
in the New. York Central movement was not without
s influence Toward the close of the session. however,
the marketappeared he gathering strength again. and
the BIDDING on the second calls was more spirited. Ga
lena sold COZ the first CALL but the second closed
in demand at co., and was in still better request when
nounced The dminuton in the ratio of decrease from
So 600 in the first week to $500 in the second was
sidered favorable 10 the anticipation of handsome in
crease at the opening of navigation and its friends
gathered fresh confidence from the statement Illinois
Central was fraction lower, with moderate sales, and
Rock Island fell off per cent also, but closed steady
The Michigan roads were firm, and for Southern
stock of both classes there was wesustained demand
with an Improvement of in EACH IL is intimated that
influential parties have interested themselves
tivey in the affairs of this Of late, and efforts
TO place the company in more satisfactory condition
are said to be in progress. Pacific Mail took decided
Start and with some activity both in cash aud time
transactions advanced 20 9s. The gradual approach
of the dividend period. and the certainty OF large dis
tbuon from the ample cash resources OF the company
are the Influences now operating in favor of the stock
Panama was also very fair and higher, but the
dealings were unimportant Between the sessions
of the Board il was announced that the hrm OF Il. d.
Little g. Co. the leading bear house in the street. had
failed and there was at unusual excitement and
commotion on the sidewalks of Exchange Place and
William streets, accompanied by important operations
and fluctuations in the leading stock of the market.
New'York Central, from Is! jumped up immedatelyto
10; was afterward sold TO large extent at 7bl, ana
finally broke down again 10 75l before the Second
Board commenced it's session. Messrs. +. Is. Little &
Co. have for several months been very heavy, and un
m recently quite successful operators for the fall but
have been caught with extensive engagements in the
reversal OF the tide, and now Obliged 10 abandon
the field. The general impression that the firm will