New-York daily tribune., 1862-05-12
SATURDAY. May l0-P. n.


After several days of exe'emer. scarcely Paraleled
in the bi,tory Of the Stock Exchange, the market
setes down 20 calmer steader tone, ut the close OF
th. weel hut displsys undiminiShed strength and
activity. There Is ess fever in the speculative move
meut. III better discrimination shown by the buyers,
but the tone OF cheeriuness an1 confidence shows no
abatement. Government securities are the true test
Of pubc feeling and iu these tie advance has been
steady from d4y to day. with very large transactions.
The coupon stock If 1881 closes a. 1911, at which the
street was cleared after the Second Board, and the
80 2 cent uoicr ruled at the price. II IL hut
recently that PEOPLE Lave become alive TO the fact
bai the fuil @O.yesr loan OF 1871 is likely to be
limited 10 tho present issue md those 10 redeem the
.3O, The loan authorized under the Five Hundred
Million act, giving an option 10 tic Government
TO redeem at the expiration OF hvs years,
and the mole general knowledge Of tlis sd-
vantsgs has not only given great impetus 70 IN
yestment in this particular issue, but has caused
quick advance, in addition 10 the influence OF bril-
liant successes on the part Of both Army and Navy.
The 80 Notes quite as popular, carrying a.
,hey do lie privilege Of converting into the full
twenty year loan. For Railway Bonds there s =
brisk and well-sustained demand, and attention has
been Of late especially directed 10 the low-priced
descriptions. Michigan Southern Sinking Funds and
Second Mortgage Cleveland AID Toledo Sinking
Funds, Toledo aud Wabash, and Chicago and North
western Firt and Second Mortgages have all been in
good demand with an advancing market, and with
but . scsn,y supply Of bonds In Railway Shares
the trar sactons have been very large but rather
uuequally distributed in the closing days Of tde
a. aIy In To-
lsdo and some other stocks checking temporarily the
operations in them, and directing attention to Hud-
con River, Rock Island, and Michigan Southern
guaranteed, which had previously shared but slightly
in the advance. Pacific Mail, which took the great
est leap Of anything on the list after banging with
considerable strength ut from III TO llS, became
rather heavy to-day, and dropped 70 lis, caused,
apparently, by the report Of I'm opposition line,
which it is whispered u in progress But little cre-
dence Ia attached 10 the rnm0r but II had sn elect.
A strong bear movement developed itself during the
wesk, and great many contracts for the decline
nave been made within the last three or four days.
This considerable addition to the line Of shorts and
opposition To the wild operations Of outside specu
ls,ou 10 not unwslcome to the cooler hesds Of
tho great operators for the rise in the street, and
the slight reactions Of Friday and to-day were
generally received as the indications Of more
healthy tone 10 the market. IL was with difficulty,
however, that prices were kept from avigorous
rally during tie sessions Of the Board to-day, and
in the afternoon at the street. corners there was
very strong tone and decidedly upward tendency.
New-York Central went up TO 81, with sales Of
atout 900 shares, and Dfterward 50! WAS paid for
700 shares Erie went up 10 39l Rock Island sol
at CT, and Ene Preferred at 67. The closing prices
were az follows: U. s. Coupons, l0il; Treasury
Notes, l0!.; Now-York Central, S9s; Erie Pre-
tered O.. Michigan Sonthern, %; Rock Island, Of
Galena and Chicago, -; Hudson River, a; Erie
Railway, 39l; Michigan Central. 60A, Michigan
southern Guaranteed, sol; Illinois Central Scrip,
G9; Cleveland and To.edo, Is.
Tie mai kct Tor iogsign bills ID firm, bu. duh at
pr.yicuo quotations.
Froighis are again irmer. but rather les
active. To Liverpool, tie engagements are 5000
bbls. Flour al D. 3D. 3s closing the higher r.,c;
600 bush. Wheat at Sll. in bulk; 100 hhds.
Shoulders 600 10. Hams, 80 tcs. Lard, aud l. l0l
boxes Bacon, M AT 30r. To London, we hear Of no
engagements bat gi. is offered and refused ior Corn
in bull. To B,isiol 80 tuna Provisions at 3Os. Il,
Antwerp, go bbs. Flour at "a. ID. To Hamburg
two vessels have been chartered to convey Guano al
g. y tu- The Government has been negotiating
for sousr vessels to convey Ice TO New Orleans nc
isar Of parties wanting some threo ~ four cl
to convey salt &C.. to The port, but weasel ar
scarce, and we are unable 10 state whether thes
{ contracts were closed.
|, Tho business Of tho Sub Treosvy wa; Receipt,