New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1861-03-18

SATURDAY, March 16-P. n.


The large trade in Federal stocks again one Of the
most important features Of the day in the Stock market
The transactions Of the Flint Board mostly In the new
oan foot up aggregate Of $l02 900, and In The after
noon further amount Of &6i 600 changed hands max
ing tl63 900 for the day, exclusive Of private sales
Prices fraction better than the recorded sales Of
yesterday, and the market firm at both sessions
At the present rate Of investment the entire loan will
DO distributed within few weeks, and the bankers,
satisfied with brisk sales and good profits, will DO quite
ready not eager 10 compete for any new loan which
may be wanted. State stocks were tolersbe active,
bu, the sales are mainly confined TO Miseours Tennes
SEES and yirgnias with which the market constantly
fed by the Wswhen they are no longer 50 desirable
for banking purposes The Share dealings were rather
larger than Friday, but the speculative movements
continue tame, and there 10 the same henating unde-
cided feeling noticed for week ten days past. An
effort occasionally made BY some Of the leading spirits
Of the Board 10 nfuse little life into the opera
tons, and Q spssm Of activity swakens the hopes OF
more lively times but the failure TO attract outside
orders acts a. wet blanket on speculation, and the
balls after exertion, become discouraged again.
The truth that the question Of values hinges 20 much
upon political matters, which are incapable Of present
solution, that but few dare embark in speculation,
and the market may temporarily be worked up
or down to 0 moderate extent without drawing
in she public The advance Of last Autumn
In Railway Stocks was based upon the farest
prospects the country has for many years, but
the blight Of dsunion has come upon the land and the
results no one can foresee. This new element in the
calculation of chances puts the ordinary laws Of pot
cal economy defiance, and battles the intelligence Of
business men. Hence speculation is bhndfold game,
and the player may stumble over an unexpected OBJ
stacle perchance make lucky hit and see daylight
again. Since December Stocks have advanced from
Is 70 20 per cent partly because their decline was the
result Of panic, and partly because hope has predomi-
mated over fear AT these prices the market holds with
remarkable steadiness under circumstances Of the
most complicated and difficult OBSERVATION-DISCLOSURES
which render IL not only hazardous TO embark in any
new enterprise but which threaten TO embarrass and
restrict ordinary business movements for some time.
At the Second Board the market steady throughout
and prices in some instances show q small advance.
After the adjournment the disposition to buy was rather
stronger, and the market closed firm but dull, at the
following prices: United States Elves, 1874 ssi S9O
United States &C. 1884, reg, s5i es6 Tennessee State
e, 74ie75; Virginia C, 7si 07s Missouri &c, 66io
66i Pacific Mail Steamship Co., s5ioS6; New-York
Central Railroad, 7Si e7si; Erie Railroad, 2i 0S3i
Hudson River Railroad, 45e45i; Harlem Railroad,
l5isl3i, Harlem Railroad, prefsrsd, 3si ossi Read
ing Railroad, 43io4l; Michigan Central Railrosds
niSss; kishssa ssstasa and SarAssa ladiAnA