New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-04-18
TUESDAY, April 17-P.

The market was buoysnt this morning for majority
Of the stocks dealt in, and in some descriptions the
advances quite mpor ant. The business was IN
usually well distributed and, although the market was
generally active there no very large Transactions
in shy particular stock The advances draw out a
little more opposition from the bears but the opera
tons that side not vigorous, and the more hope
fui tone which is gradually extending outside OF the
Stock Exchange brings in buyers enough TO neuralze
the efforts of the short interest NewYork Central s
steady at 49, which has been the ruling price at both
sessions The action Of the Legislature, which seems
10 dispose Of the toll question, has 10 doubt
been "disNunted" to some extent in the street,
al there has undoubtedly been great deal OF reaz-
ing at tie Board and in the street. upon the idea that
quotations would be more likely TO decline than adj
vance after receiving the first favorable impulses of
success against the Toll bill. The market takes the
stc OK very WELL however, and the shares which specu
aors unload settle the hands of tho.e who buy for
moIe permanent holding. The business of the New
York Central is doubt increasing largely and il ad
verse legislation is prevented the arguments in favor
of decline are exhausted. There was a further ad
vance in Pacific Mail, with but moderate sales. The
dsquietng rumors recently floating abou, the street
have subsded and is supposed tnat the disconnected
may have taken advantage Of the decline 10 bay in.
The most important movements of the day were in
Hudson River and Harlem, both of which
active and decidedly higher Hudson River sold at 42l
The first call but little dull at the close, and in
The afternoon was hammered smartly by the BEARS
The oarnings for April show very satisfactory To-
crease thus far, and tie gain will probably reach
$2CC0 sl5 coo in the month. The road will derive
important advantages from the Nntl.avsnue bill.
The movement in Harlem has been very strong through
the day. and at the second Board there impor-
in better classes oftbe stock the old
ring up 10 AZ, and the Preferred 10 40, with large
Gales Of each. TIE Madison-avenue bill, which 10
connected with this ADVANCE in the gossip Of the street
is not Railway bill, but simply auhorzes the OPEN
ing of the avenue, and enables the Harlem Company
TO take advantage Of their privilege TO lay track, as
secured by the bill passed by the previous Legislature.
In the Western shares there fair business, and
moderate advance in Gslena, Toledo, and Michigan
Southern. The business in Michigan Central was linn
led, and the stock underwear. change of import
ance. For Federal and State Stocks and Bonds the
demand was good and prices were hrm. California 7s
advanced to S9l. Railway Bonds were very srong,
and the bids considerably higher. The actual
transactions were small on account Of the scar
cty-hoderS Withdrawing from the market as the
demand increases, and prices advance. IL ia pecu
iarty of the Stock market, that qnota,n 20 no,
confidence rises in about the same ratio. Thus, pep
pie who were anxious TO sell short time since at
lower figures are not only disposed TO hold what they
bave 5ut 10 increase their investments. Ia other in-
stances, men who soid out low figures and felt re-
Eeved by the operation, actually buyers again at
an advance. This il illustrated in the Ill way bond
operations now going OH. The basis Of Improvement
however lie sound, w6e the great depression was in
measure owing TO distrust and alarm. The large i'm.
Irovement in the business Of the Hannibal and st.
Jo,eph Road has had a marked effect on the First
Mortgage bonds Of that Company, and we note salss
during The day at 72l a73 The March business was
nearly coube that OF las; year, aud in April il is es
mated at $5OOOO The land sales of tins road amount
10 nearly 100000 thus far and have been made at an
average Of Sl2 acre. At the Second Board Harlem
aid Toledo the most active on tho share list
but there was an improvement alsO in Gasna Illinois
Central and Michigan Southern. After the Board
Gaena fell off again TO G3 on the report OF bat small
gain in .be second week of April. The market closes
steady, but with some irregnarity. The asl quota.
tions wore: For United States S., a. 1923 0lO2I;
Virginia Ga, 9ald93l Tennessee e., 9Oi 9gl Mls- |
souri 6s S3t 9S3li Canton Company, u a2lI; Cum
land Coal Company, Ia Isl Pacific Mail 1861 100;
New York Central Railroad, 59l G79i Erie. l4i ais;
UOtsop River, 4l3o42; Harlem, IA 0lii; Harlem
Pref 39s 94Oi Reading, Al @4lli Michigan Central,
49, G49j Michigan Southern and Northern Indiana, |
III 0l2l Michigan Southern and Northern Indiana |
Guaranteed, 23923l Panama, 1885 Sl33ii Illinois |
Central GCla60i; Galena and Chicago, 60 1851; |
Cleveland and Toledo 9SI o2sii Chi. lgo aud Rock
Islsnd, 63l 0G3ii Illinois Central b. Ma SS6sSi.
The foreign Exchange market ia .sner, but tho |
are moderate. Sterling Ia qao,ed at lOsi
to 100 for bankers bills and lOs 1883 for commercial
signatures.
Ia Freigbs the offerings moderate the rates are
not very well sustained To Liver pool, $50 bales OF
Cotton at 36d e7.32d. 400 boxes Cheese by vessel at