New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-04-24
MONDAY, April Or. NJ

The terror Of tho foreign advices per the Ausraasan
at Portland had an unfavorabe effect upon the Stock
market to-day The advance in the rate Of interest to
cent by the Bank OF England, although not entirely
unexpected took the street generally by surprise, and
the bear obbers took advantage Of the fact to put out
line of Shorts while those who went TO the street dis
posed TO buy held back in order to what the
of the market would be. The amount Of business
transacted was quite large, but nearly all the fancy
descriptions touched lower points than Saturday.
There was no appearance of panic, the decline falling
naturally from pressure Of stock the market, while
buyers we've Indifferent to operating. At the Second
BoaJd the market tt heavy, but after the regu-
lar tessiop, there was more disposition shown
10 buy and the quotations advanced t04
T. cent, closing steady. Erie was ex-
ceptisn to the general market, and advanced
TO IL under English orders to buy, based, it is sup
posed some extent upon the favorable prospects Of
the broadgauge road project frem the Erie at Great
Valley TO the Mississippi River Central declined to
79I, and closed at that bid. Why an advance of y
cent in the rate Of interest by the Bank of England
under which Consols only fuctuatod y cent should
knock down Central 4 cent, s problem which can
only be solved by Wal-street bear. The Western
shares were heavy, but fairly active. In the Bond
market the changes were less important than in shsrep
There il large demand for State stocks aud cousid
cradle portion of the transactions are made at private
SALE and do not appear in the registered list. The
Western banks are taking large amont Of these bonds
Railroad bonds wero not very active to-day but the
market was without important change. The Erie
Issues were rather heavy, but Michigan Southern ad
vanced, and were in demand. Illinois Centrals wer
also better. The last quotations were: Virginia 6s
gu 1884; Missouri 6s, e4aS4I; Canton Company
2ila2l2; Pacific Mail, 1919 0l05; Eew-York Central
Railroad 49, 0791 Erie, l72alS Hudson River, Al a
All; Harlem 49, al3l; Harlem Pref 39l 1884,; Read
ing, 49, 0433; Michigan Central, 47294Si Michigan
Southern and Northern Indiana, l2aol25; Michigan
Southern and Northern Indiana Guaranteed, 23i 92ii
Pspama, 1867 0136I Illinois Central 500 06Oi Galena
sp6 Chicago, 633 0635; Cleveland and Toledo, 29i a
29a Chicago and Rock Island, 63t 063i; Illinois Cen
t1sl 7s SsaSst.
Drawers of Sterling have advanced their rates to
1891 but the advance has checked transactions and the
business has been quite moderate. The supply OF mer-
chants bilIs ia limited and commercial signatures frat
CLASP hsve sold at 1859 l09 Francs are TO cent
dearer. We quote 5.l6l 95.131.
Freehts to Liverpool rs bales Sea Island Cotton at
3D., o. 600 bush Wheat at CT 96!d in bulk and bags,
and at ID TO haul and load at the Dock 900 bbs Rosn
at g. a2s 3D. the latter rate for first vessel 30 boxes
Bacon at 22s 3D.. 81 tuns Tallow at 25s To London,
$50 bbs Flour at De- 3d.. and so boxes Bacon at DIS
Cd. A ship of 700 from Savannah to Liverpool with
Timber at 3s Cd. y ton of 40 cubic feet. bark OF
800 turs from Sombrero to Baltimore al 81 u tun.
The buspess of the Sub. Treasury was 90 follows:
Total Receipts, 1917, 7S5 s9-for Customs So OOOi
PAYMENTS, $3a3,969 O6-Balance, s7,5l5, 300 70.
The second week in Aprilon the Chicago and North
o;y