New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-04-19
"WEDNESDAY, April ls-r. N.

There was a very active business to-day at the
Stock Board with reaction from the buoyancy oil
Yesterday. Those stocks in which there was the
largest advance came out freely, might have been
anticipated and the quotations Of yesterday could not
be sustained In other descriptions there wac an
advance established and at the Second Board the de-
cline was entirely checked and portion Of the list
higher prices were obtained The reaction to-day was
the natural result of realizing by parties who bought
at lower figures and the decline brought in buy
ers enough TO arrest the downward tendency Of the
market The bear jobbers do not operate with much
energy the majority Of the Board favoring the rise,
and in case Of no unexpected unavorable circumstance
happening there il every to anticipate for the
whole market a continuance Of an upward movement
for the present There is, we confident, larger
infusion Of outside support in the transactions
of the Board than we have bad since the Spring Of
1858. Central, with moderate amount of business,
stands about Y cent lower than yesterday. The de-
cline in Pacific Mail II cent from the highest
point touched yesterday but at the Second Board there
was little recovery. We again hear that without
doubt the May dividend viii be 10 y cent. Panama
was steady closing at yesterdays price. The settle
ment Of the competition between the Pacific Mail and
Mr. Vanderbilt has not been favorable TO the passen
ger traffic Of this Company but the whole business OF
such a commanding one, that the injury can be but
temporary. Harlem Preferred lost q y cent Of
the recent rapid advance in opening transactions,
but was afterwad frmer, and improved
y cent. The extension of the rails to Cen
nal Park, through Madison avenue, will have
very favorable influence upon the receipts of this road
which viii also be largely increased by the erection Of
the new City Hall in Madison Square. The Western
shares sympathize6 with the rest Of the market and
were heavy, declining to per cent from yesterdays
rates At the Second Board the market recovered its
tone somewhat and at the cose was firm. Reading
was among the rmeE stocks under orders to purchase
from Philadelphia and advanced 10 424, with more
activity than usual The Western shares also recov
cred portion Of the decline Of the morning, and closed
finn In the Bond market there well distributed
business, and buoyant market for both specuatiy
and investment descriptions. Hannibal and St. Josep
advanced 70 "a and the Eight per cents Of the Miega
Central Railroad Co. sold at 93f. There have been
considerable private sales recently OF these
bonds and the market has been well cleared.
The Erie issues are strongly held and the mortgage
bonds Of the Hudson River and Harlem Roads are I'M
proving and in demand. Southern Michigan Seconds
sold at AZ. Government Stocks firm and in de-
msnd State Stocks active at private than at
public sale, and full prices were Sustained. The
closing prices were; Virginia 6s 93l; BIS
sour 6s, sS2S3li Canton Company, 2la2lli Cam
land Coal Company, l4l al4i; Pacific Mail lOli 1885,
New York Central Railroad 79le79s; Erie 15l 0l5ii
Hudson River, Al oil; Harlem I3l al3s; Harlem
Pref 81 49,; Reading, 42l 042a; Michigan Central,
4SIa4Sa; Michigan Southern and Northern Indiana,
llTal2i Michigan Southern and Northern Indiana
Guaranteed, 23s2li Panama, 1884 sl3l; Illinois
Central, 6Oae0ii GAlens and Chicago, 6Sl e63li
Cleveland and Toledo, 2si e2sfi Chicago aud Rock
Island, 63I a63l Illinois Central Bonds, 81 sssi.
In foreign BILLS there is little or nothing doing aud
the market is steady al 1854 9lO9. The mail to-day
WA only moderate one.