New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-04-11
TUESDAY, April lO-P. VI.


The feature of the Stock market this morning at the
opening was weakness bat the call proceeded, the
undertone was found to be stronger, and the buyers
exhibited more confidence than for day or two past
Indeed, under the circumstances, the general market
has shown moIe resistance for the past week to The
reaction than could have been anticipated coming, al
il did on the heels Of an unusually rapid rise-the
ony really important decline having been in the Pac;
Mail and its twin stock, Panama. The bidding wa:
quite active on the second call and the market hard
ened and after the Board the street quotations ranged
generally to p cent above the closing Board rates.
Fer Central, the market opened a. ut, bat ~ was
paid in the closing ions. There rumors in
the street Of favorable dispatches from Albany, under
which the quotations up to w. Panama op sned
a. 1881, and closed very steady at that price
bid. In Western shares the activity was con-
6ned to Gae1s and Toledo and Rock Island. Galena,
under rumors that 1 traffic of the fret week Of April
shows decrease of 5000, vas heavy, and sold down
to 6Il. Toledo was steady during she call and closed
at cent. better than the opening price. Rock Isl
and was in good demand on buyers option, anu gvss
firm at yesterdays rates. Burlington & Quincy fell
off II v cent, this being one Of the stocks which
be neither bought nor sold 10 any extent without con-
siderable fuctuation in the quotations Tae Michigan
Southern isues were dull but well sustained. The
and in marked con rast with that which existed yes
terdsy. At the Second Board, the market was quite
strong. and with fair amount of business most des
erptions showed an improvement and the better
fesling continued after the Board. Central sold
as high as 7s1, and closed az that bid Pa
ci6c Mail went to 1929, but was heavier in
closing transactions. G4lena improved TO ~6l5,
the traffic of the fret week proving to be only $3.50 less
than last year, instead of $1,000. Rock Island was
alec firm at 63s. Erie advanced TO I3l, under pur-
ehsses on Foreign orders. Michigan Southern advanced
TO ii for old stock and 22 for guaranteed. In the
Bond MARKET the business of the day quite large,
and prices were frm Erie bonds continue 10 advance,
with strong speculative feeling. The Firsts cold a.
lOll; Seconds, extended, 81; Thirds 81; FOurths,
6l; and k1fths 30. OF Michigan Central Sc, $4,000
sold at 9S; and $4,000 Hannibal and St. Joseph. at
gu. State Stocks were 10 large demand, mostly
for banking purposes, and were strongly held.
The closing Prices were; Virginia g. 1904;
Missouri De, 80; Canton Company, 2O2S2l;
Cumberland Coal, HI015; Pacific Mail. 1924
Ql022; New.York Central Railroad, 7Sl 97sI:
Erie, 1874 ol3s; Hudson River, $685.; Harlem, lOI
0lOI; Harlem Preferred, Si036ii Reading 42I 042g;
Michigan Central, 45l a46; Michigan Southern and
Northern Indiana, I05 oil; Michigan Southern and
Northern Indiana Guaranteed 22i 9223 Panama, 1882
1885,; Illinois Central 81 a6lli Galena and Chicago.
6sza62. Cleveland and Toledo, 26t 9264; Chicago
"a Rock Island. 63s a63s; Illinois Central 7s 80 1884,
The foreign bill market closed heavy, with good |
,upplv of bills. Sterling lie lOSi @lOSi, with sales OF
bankers signatures below l0e1. Private dispatches
from Nsw,Orleans quote decline tSer'. France are
Ie205.I6i.
Pr,.sbt.~TO Liverpool: $50 bales Cotton at 1924,