New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-05-28
SAruRpAY. MAY 26-P. ".

SATURDAY, May -o-f' W.
With some irregularity in the dealings, there was
upon the whole an Improvement Ill the Stock market
al the First Board, and, without decided activity the
transactions developed underone of strength quite
consistent with the cheerful temper outside OF the
circle Of bulls and BEARS but rather in opposition TO the
superficial calculations of spectators. There Is
evidently a growing confidence in the recovery OF
values based upon the bright promises Of restoration
Of business and progress in the year the facts
make Themselves more and more conspicuous bu.
meantime the iobbers Of the street, who fit one way
and another every few days, expecting to witness a
reaction upon every advance, buy and sell accord
ing 10 the caprice of the hour. Notwithstanding
all this the market stronger and stronger
for the rise with every movement. 1t is a sill
guar fact that, during the whole Spring there has
been but very little organization among the operators
of the Board for advance in prices, and it Is partly
owing TO this fact that there is reco OF any conse-
quence as prices move up in the scale. The so-caled
reactions" Of the market are manifested III dizziness
rather than decline and even at such times there
sluggish strength in the operations which Is quite sur
prising. Tie secret Of all this is that outside of the
Stock Exchange, there is growing up hope
full and cheerful feeling, based upon real
progress, as well upon very encouraging pros
poets. The strongest stocks of the day were Hi
nos Central, Michigan Central, and Rock Island
al of which in account OF large increase
in business from week to week. Illinois Central was
in demand also on account of the of the
Company of It's readiness to pay $4,000 OF the Free
land Bonds. Other Western shares were dull and
Gaena declined to 81, notwithstanding very hand
increase in the traffic Of the road for the third
week in May. Chicago, Burlington and Quincy
lower the rcazatons of some Of the street opeI-
ators, but was firmer in closing transactions. The
earnings continue to show very large increase. The
dealings in New-York Central were smaller than
usual, and prices fell off I = cent during the day
Hudson River also was less active, but not
pressed for sale. The business of the month
will probably exceed the estimate $1,000 to
$1,000. III Pacific Mail there was no excitement but
the stock was in good request at 9Ol at the First
Board In the afternoon a fair business done, but
prices fell off slightly and the market closed rather
dull but strong The closing prices were: Vir-
ginia 6s, SO; a 81; Missouri 6s, 81 dSi4 Canton
Company, 2la2ll; Cumberland Coal Company
13Ial4; Pacific Mail Company, 9Oa9O4i New
York Central Railroad 81 aS2l; Erie Rail-
road, 22l 922f; Hudson River Railroad, 49, 49,;
Harlem Railroad 49, 0l3l; Harlem Preferred, Al a
ALI Reading Railroad, 42l o423 Michigan Central
Railroad 53s dj3l; Michigan Southern and Northern
Indiana Railroad, ~ al2l; do. Guaranteed, 81 a2G;
Panama Railroad, l3il a 1876; Illinois Central Rail
road, 6il 0643; Cleveland Columbus, and Cincinnati
Railroad | Galena and Chicago Railroad 6ii 96i5
Cleveland and Toledo Railroad 3Ol a3Ol; Chicago and
Rock Island Railroad 7OI 07Os; Chicago, Burlington
and Quincy, 49, ais; Illinois Central U.s. 9Ol G9li.
The market closed steadily for foreign bills, with a
moderate bueiness. Sterling is lO9al09s; Francs,
5.l6l a5.I3}.
Freights-To Liverpool, $1,000 bushels Grain at
Sd 3d. in bulk and ships bags, mostly Corn in bags
at 3D.. 1000 bbs. Flour at D. 3D.; 200 bbs Pork at
p. 3D.. 100 boxes Bacon at DIS, and per steamer,
600 boxes Cheese at 1Os. To London, 80 casks
Hams at 2js. and $50 ties. Beef on private terms.
The business Of the Sub-Treasury was: Receipts,
$2l7, G55 Ol-Customs, $4,000; Payments $2ij,-
COO 10; Treasury Notes for Customs during the week,
81 900; Balance, Sc 9S2, $50 20.
The annexed are the details Of the earnings Of the
Galena and Chicago Union Railroad for thcweck end