New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-03-25
SATURDAY. March 23--P. N.

SATURDAY March 23--P. N.
The frner tone Of the Stock market noticed at the
close Of Friday developed Itself decidedly in the
operations ih. morning. and without especial buoyancy
activity prices had an improving tendency through
the First Board except for Federal Stocks which were
rather heavy in consequence OF the announcement That
bios Tor further loan Of eight millions would be re-
ceived by the Secretary OF the Treasury il the policy
be pursued by the Secretary corresponds with that
foreshadowed by those who profess 10 be nfimed in
the matter there is good csuso for this decline, in
dcaug il docs that Treasury Notes convertibein'o
Stock will be issued, in preiereuce 10 accepting low
bids New. York Central and Erie chow but little i'm
provement over the closing rates Of Friday, bat for
Hudson River Harlem, aod most Of the Western
Stocks there a very good demand and an advance
Of to per ii inois Central and Toledo were
the most active bnt there was very well sustained
inquiry Tor al Of tie leading Stoke. State Stocks
We're active and better, and in MssoNrs tie dealings
were quite lar.e. For Railway BOndsthc deandcontin-
Crisk and note further advance IN the various
issues Of The Michigan Southern Tie bids were gen.
ey higher also Tor other bonds, but The supply seems
10 be very scanty. At the Second Board tie market
had very much The tone as that displayed In the
MORNING. prccs improving in about the came Iatlo ON
some stocks, aud remaining very firm on others The
oyeInenus uie without excitement, and evidently orr
gaied with tue veteran speculate rs OF the ard aud
street. Except in the investment demand for Railway
Bones there ba, little evidence yet of stronger
In the Stock market the Iart Of outsiders
There is. however n,oe tranqn feeling in regard to
political matters and AS the chances OF collision dimn
ish the Stock market grows stronger, withOu! cofr6
spending increase IN ACTIVITY Tps Is partly owing to
the fact that now much lees sn the usual spirit of
contention is displayed between the operators Tor the
r.e and fall The risks taken either EIDE are Oh
mod, rate scale, aud small profit in either dbec'
ton is equally satisfactory. Political matters Lave
had almost exclusive control Of the market foe
months; but within she past fortnight there bus been
dead can-tLe and discr ct policy # the Admin
istrtion putting stop 20 sensation patches,
and battling the efforts OF those in pursuit Of knowledge
Tor patriotic stock purposes. Under such circumstances,
the nark., takes liz natural dt, and after week Of
profound dulLess bat of singular steadlness the tone
becomes Aore hopeful and the tuuo OF street specua-
ZION is tor the risetempered ana rcsaDed, however,
by tie reflection hat tie elements of disturbance arc
dangerously thick ana liable any moment to reverse
tho movement. Tie closing prices were as follows:
United States Sc, 1874, S9as9!i United States
6s 81, rce., 951 a.j!i Virginia State &c, 79s
79!; Tennessee State Us, 75is75li Missouri State
Cs, 81 a66,; Pacific Mail seaosJip Company,
s6i ds6i; New.York Central Railroad, ria
,s, Erie Railroad, 32 a32l Hudson River RAILROAD,
45i a i5I; Harlem RsilrOad, 10 10; Harlem Rat
road Preferred, vi diO; Reading Railroad, All ais;
Michigan Central Railroad 57sd5s; Michigan South
,rn aud No thern Indiana Railroad, II! 6Ei; Mich
igan Southern AID Northern Indiana Railroad, Guar
anteed Stock, Si 81; Panama Railroad, ll6a ll7;
VTz.N. nsI and
Railroad y, a72;; Cleveland and Toledo Railroad,
35, 49, Chicago aud Rock Leland Railroad ST G5sj;
Chicago, Burlington aud Quincy RarOad 7307i;
Delaware & HUDSON Canal Co., 81 Goyij Pennsylys-
na Coal Company, 79aSO3.
The foreign Exchange market is firm at the Gdyanced
rates. but tho transactions moderate. Sterling is
held Vt 1914 by the leading bankers, but the quotations
may be fairly given At lO1i l07i. Commercial sigma
lures Of good stamp range from 1861 a loI There is
evidently slight feeling OF hesitation ut tie points OF
advance, and the prvdte adyices by tue Canada aro
anxiously awaited. Meantime, alsO tho near approach
Of open navigation which will hasten the movement Of
Breadttus to the sedboad and increase the shipments
and the supply Of tie commercial bills a; the time,
il taken inlo consideration. Francs quoted az from
5.2Si 10 5.25.
Freghts-To Liverpool, 10 900 bush Wheat at l0ld.
IN ships bugs; 2JU bJhOo Bacon AT ~ @oJe.i l,'VV
boxeH Cheese at 35s.; 500 bbls. Flour at 3s.; 1900
bush. Corn in bulk at 9Id., and 30 hhds Tallow at
3!s. Cd. To London: 500 bbls Flour at IS. I'D;
$50 bbis. Resin at 81. lG!d. a is. 40 Galway per
searner, $500 bush. Wheat, on private terms. To
Hayre 12,OOO bush. Wheat, in shippers bags, at pc.
vessel 30 900 bush. Whea. TO Cock ard market at
I'D, in bulk aud bags.
Tie business of the Sub.Treasury was: Receipts,
$i05 l72 56-ivr Customs $40 ,O0Oi Payments $751;
100 ~ balance, $40 ,5l9 "A. 80
The business of tie Clearinghouse to-day was
Sl6,30l III "a Tue money market has undergone 10
change worthy OF note since yesterday. The supply is
abundant call at from to cent and the rates Of
discount on paper remain about as lsst quoted. The
tendencyt to accumulation and surfet is still prominent
feature of the market, and this hos already bad
effect in giving better currency 10 paper not rhked
Ia the "waterught' class. The dsuus; Of paper not
strictly OF the it grade is still manifested, however,
and this difficulty cannot be- entirely removed until the
causes of disappear. Recently the scrutiny has been
less severe, partly account Of the very limited Offer
ines of the paper most sougt AFTER aud partly i'll con-
sequence of hopeful view Of the political I'M
broglio, which ins been encouraged by the evident
peace policy of the Government The sbeck gwen 70
mercantile credit by the political troubles Of the Last
four mouths has rendered IL task of unusual difficulty
for many hoasesswiih large engagements 70 make the
necessary negotiations for their protection even with