New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-03-12
SATURDAY, March l0-P. y

Friday. The rapid advance has induced partial rea'
zson on the part of early buyers and the bears at the
same time have attacked the market with more vigor.
The result was decline, ranging from ! as per cent
during the day, some of the most prominent ocks
Toward the cose Of the day the market grew hrmer
again and the last transactions were at an improve
ment over quotations given between the sessons of the
Board This reaction wasnot unexpected, afterthe ac-
tivy excitement of Friday butthe decline has been
smaller than was anticipated and even the bulls have
been surprised 10 witness the sreI 9Th and recuperatve
mower of the market IL is evident that recent move
ments have had strong support from parties outside
of the Stock Exchange and that the market is less
under the control Of the bear of the Board and
street. II il seldom that movement for the rise has
| been inaugnrated with little combination among
operators and it is partly to this distribution of the
fresh and vigorous support which has recently been
attracted TO the stock market that it owes much OF
it's steadiness and strength. The dealings in New
York Central continue upon large scale, and although
prices little lower than yesterday, there was an
undertone of frnness in the operations, indicative of
confidence in the stock greater than has been dis
played at any time since the opening of the year. The
impression is quite general in the street that the Com
promise Toll bill" recently reported in the Senate by
Mr.. Sessions, is the only which can be carried
through both branches Of the Legislature. IL this is
correct the bill passed by the Assembly on Friday
evening is not likely to meet with equal favor in the
Senate. The Pro-Rata bill is admitted to have but
little if any prospect Of passing The Western Shares
are quite active, and the transactions not 90
| much confined to or two stocks as heretofore
| during the Winter. There was decline of -
| y cent in nearly all at the First Board,
But at the Second prices rallied again and az the close
were firm decrease of 1890 in the earnings of the
Galena Road for the first week in March was used
with some effect by the BEARS bat this met by an
increased outside demand and the stock after selling
at 5s3 went up again to 59 in the afternoon 1t stoo
early TO form an unavorabe opinion of the business OF
the Gaena Road Tor the Spring. by such test as this.
The wheat left over from the crop of 1859 has hardly
commenced lie movement. The country roads, by
which business reaches the Galena, in very bad
conolioD, the season being about two weeks in adj
vance of last year and the comparison consequently
fair with the same week of 1852 Illinois Central was
more active, and advanced TO 6l2 at the First
Board, but was afterwards a fraction lower clos-
ing however, at Friday afternoons prices Michigan
Central fod at 40 a40 during the day, and Of
the frmest stocks on the list. Michigan Southern
Guaranteed and old stocks, and Toledo were steady
without material change in prices. The market ia an
improving one for State stocks, and favorte descp-
tons of Railway bonds, and prices generally rule
higher than on Friday The amount Of money seek
ing investment is very large, but buyers are universally
cautious and discriminating. The closing prices
for Virginia &C. 9iI a9j Missouri 6s. S2SSe.; Can
ton Company, 20a2O4 Cumberland Coal Company
l5i0I6; Pacific Mail, $50 09ii New-York Central
Railroad, 73i a739; Eric Railroad, 9! az, Hudson
River Railroad 39l939i; Harlem Railroad, 9la9l;
Harlem Preferred, 1884; Reading Railroad, 4lle
All; Michigan Central Railroad, 39i 40; Michigan
Southern and Northern Indiana Railroad, SeSl; do.
Guaranteed 17IalS; Panama Railroad, 1885, a 33l;
Illinois Central Railroad, Ct Ia6ls; Galena and Chi
csgo Railroad so a59!; Cleveland and Toledo Rail
road, 2O192O2; Chicago and Rock Island Railroad,
6i40Gl.
The market for foreign bills is quiet and steady at
previous quotations
Freights-To Liverpool, $50 square bales Cotton at
9;;;2d 5-I6d; 900 round bales at 7l6d. 800 boxes
Cheese at sos 300 tcs. Lard at 2Js; $50 boxes Ba-
con at OBS 300 bbs. Rosin at e. 3D.. 20 hhds. Hams
at 2js; 100 Casks Rice at 2js To London, 100 ties.
India Beef at u.s. 3D.; 20 hhds. Hams at 3Os vessel
of 400 tuns 70 Cuba for - 900. The chip Swordsh to
Hong Kong for 81 800. A brig of l75 tuns to Cana
~ Isands and then % to Porto Rico and back TO New
York, for $3.50.
The business of the SubTreasury was: Receipts,
$222 800 56-for Customs, $l2S 600; Payments, $780,
GO SO; Balance, ,2O7 ,9G9 Al; Treasury Notes for
Customs, $l5,6Si 81.
The receipts of the Cincinnati and Indianapolis Road
I'll