New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-05-09
TUESDAY, May S-P. NJ.

excitement which often develops Heeu IN
movements. There was effort on the part Of the
bull operators stimulate the more favorable feeling
and the rise followed desuory and irregular buying
apparently induced by the cheerful and hopeful
financial and business prospects of the country. The
bears the other hand, offered no effective OPPOSE
ton until the afternoon session, when tolerably Wig
orous demonstration was made against some Of the
leading stocks, with partial but very brief success.
Prices fell off slightly during the session. but immedi-
stely after the adjournment the tide turned again with
considerable strength and al the close prices were
higher than the best prices of the morning There is
evidently an uncommOnly firm basis to the market,
and the operations of the last fortnight have demon
strated this conclusivey. The sudden money changes
in tie English market-the active resumption of specie
shipments-have furnished plausible arguments for
the bears, and they have been used with
w. much industry as possible, while at the same
time the market has been subjected TO the usual ham,
merng for decline. The result is that after all these
efforts the market RECEIVERS in day two nearly all
it lost in fortnghts energetic movement for the fall
The leading stock Of the day has been NewYork Cen
trial. which after various fluctuations closes strong at
7ei $50. The April earnings give Unexpectedly
large gain over the corresponding month Of last year,
and the prospects for May and June quite good
if not better. The May business viii be increased
by the Chicago Convention, and the month Of June
viii contrast favoraby with last year, when the
violent competition between the three Lines cut
down the earnings severely. There was a more
active movement in Pacific Mail, but material
change in the price until the Second Board, when it
advanced 10 1851 which bid at the close. There
wa more doing also in Hudson River at an improve
ment but the stock had no especial prominence. This
Is one Of the steadiet stocks the list The Western
shares were generally very frm and for Rock Island
Galena and Michigan Central prices were from to
q cent better; Rock Island especially was in good
demand and buoyant. The market was strong at the
close The latest quotations were for Virginia 6s 92l
a 49, Missouri 6s, S3l a S3i; Canton Co., 2ls 02lbi
Cumberland Coal Co., Ia al4l; Pacific Mail Company,
1864 1861; New-York Central Railroad Company,
79;aSO; Erie Railroad Co.. l9dl9i; Hudson River
Railroad Co., Ali a42i Harlem Railroad Co., l2s a Is;
Harlem Preferred 3SI 3Sl Reading Railroad Co., All
943I; Michigan Central Railroad Co., 4S2 49, Michi-
gan Southern and Northern Indiana Railroad Co., l2s
OBJ; do Guaranteed, 2ita2i2; Panama Railroad
Co., 1916 Illinois Central Railroad Co., 6OS
Col; Galena and Chicago Railroad Co., 65i a65t;
Cleveland and Toledo Railroad Co., 29i e29; Chicago
and Rock Island Railroad Co., 6S. 6S.; Illinois Cen
trail rs, S8I a89.
The foreign bill market closed steady for the packet
Tomorrow but the amount of business done has been
quite moderate. The demand has been greater from
bankers than from importers. The supply of
merchants bills was equally limited with the demand.
Sterling is 100 a 1893, Francs .l5G5.l2l.
Freiehts-To Lyerpool: 80 bales Sea Island Cotton
at Id 81 bales Of Wool at Id so hhds Tallow at 2Os;
200 tcs Lard at 2Os 10000 bush. Wheat, in bulk and
bags at Ga 3D.; s. 900 BUSH Oats at SD. v 60 b;
q 600 bush Corn in bulk and bags at 50 G6di 1000
bbls. Flour on private terms; 5000 bush Peas at 3D.
in bags; 40 tuns Logyood at Dos. To Glasgow; 100
pkgs. Lard at 27s Cd A brig Of 200 tuns TO South
Side Cuba and back 4Oc. for Sugar, 3Sc for Melado
and s. for Moasses. schooner of 22O tuns to North
Side Cuba and back at $50. for Sugar and So for Mo-
lasse-, and small vessel to Cardenas and back at
81 50 y hid for Sugar under deck, and - for Mo-
lasses deck.
The business of the Sub-Treasury was: Receipts,
s63, 6l3 SO-for Customs, $4,000; Payments, $685.
SIC Or; Balance, 1854, 43l 49.
The exports continue to show gratifying increase
over last year. The figures for the week include an
increasing amount of breadstuiIs. They are:
y, tn. l 3; :, 1s s;s l lseo;
fssyi 1s reported asSs S6Sss ssS6Sa1
Since Jan. I.......ssl2ssT75 sa,l548O8 $a975l,59a
The accounts from Europe indicate that England
viii need this year large amounts Of breadsuffs con-
siderable portion Of which she must draw from this
country.
The business Of the Clearinghouse was S22 7SS, 49,
There u rather more activity in Money among the
stock houses but We hear Of established change Ia
raes, and no diminuton Of the abundance. A move
lDent il on foot to suppress, if possible the penny
nuisance. memorial is being circulated for sigma
fures asking Congress 10 authorize the Mint to ex-
change pennies for gold or silver The amount abso-
utey needed for circulation in the channels Of trade
would then remain aAoat, while the present obnoxious
surplus would be absorbed by the Mint. The ship
pent Of gold tomorrow viii be light perhaps aquarter
a a million in small lots. None Of the large banking
houses are shipping A new Insurance Com
paiy is in the course Of organization under the
name Of the Central Park Insurance Company,
the oorporators being mostly German citizens.
This Adriaiic made her outward passage in 10 days
and hours Her best day was 335 miles. Her per-
Torrance was very satisfactory. The holders of Sec
opd Mortgage bonds Of the Hudson River Railroad,
who have not awaited themselves Of The privilege Of
extending them in accordance with the proposals issued
IN December hast are invited 20 do soon pos
hibs in order that the arrangement may he completed
by The 10th Of next month The properties and fran
cses 81 the Minnesota and Pacific Railroad adyeI-
rsss for sale 81. Paul the I'D Of June next In