New-York daily tribune., 1862-04-18
lRCONp BOARD.
THURSDAY, April l7--P. ;

Tbs fesling in tie Stock market elbows increasing
streDetb, although the dealings are limited i'll
spount, mainly by reason OF the unwillingness Of
the bears to meet the demand. The shorts are buy
ers rather than sellers. Confidence is growing in
the street in the speedy crushing Of the rebellion,
and this was aided to-day by rumors of the favorable
progress Of toe siege Of Yorktown and other en-
couragipg military items. The growing ease III
money is also without s influence, and the OH
repeated idea of the enhancement of market values
by tho vast expansion of paper money now going on
through the agency of the Government and OF the
Bsuke is the basis of q large portion Of the
bu,l action OF the street. At the Second
Board the market exhibited great strength
witLoVs large activity, there being only moderate
amounts of ssosk offered. Central sold at SI an inn
provement of ! 2 cent on yesterdays closing price.
For the August dividend 81 y cent was bid. The
receipts are unoffeially stated to have been
g., 900 900 for The SIX months ending April 80. Pa
oidc hail was in fair demand and closed at 1913.
The principal business was 10 sellers options. Both
the Erie issues were active and buoyant. The CON-
mon stock sold at 81 and the Preferred al Gig. A
private purchase Of 900 shares made at 81 and
thst price bid for 5000 more. The April earnings
thus far are very satisfactory. The Western shares
generally were dull but firm. For Government
stocks there was a good demand at SO, s93s
for 1878, yesterdays prices. The Indebtedness
Certificates sold at 97s. Site Stocks were active
and irIner. At the Third Board the dealings were
email, but prices were well maintained There were
but small amounts Of stock for sale. The elosiDg
prices we're: U. s. C. 1881, Reg. 93i q 93.; L. S.
6s. 1881. Coupons 93l 9Ss; Treasury Notes, 30,
,9s rl00; American Gold, 1oli a 1919; Tennessee
Is, 57i as; Missouri State Is, 49i a51I; Pacific
Mail Steamship Company, 1915 lOlf; New-York
Central Railroad 50! a.; Erie Railway, 2e. .G1.
Erie Railway, Preferred, 6lia6l3; Hudson River
Rs,lroad, So ESQ., Harlem Railroad, l20--; Mil
wsukee sro Praire du Clien RaiIroed, 28TST;
Hsrsm Railroad Preferred, 3Oa a3ll; Reading Rail-
road. 425 o.; Michigan CentTal Railroad, So = s5jl;
Michigan Southern ana Northern Indiana Railroad
23723i; Michigan southen and NcrtherD indiana
Railroad. Guaranteed --0i5; Panama Railroad,
i2i el22i Illinois Central Railroad, 6li a62;
Gslsna and Chicago Rsilroad, e. a6S Cleveland
and Toledo Railroad, 2s9-; Chicago and Rock
leland Railroad, 551 SSH Cleveland and Pit sbursh
Railroad, IL Sl7Ii Chicago Burlington and Quincy
Railroad, 62a623.
The market 10 inactive and unsettled for Sterling
Exchange. Bankers signatures noninaliy ll2l
all2. but transactions could not be maoe probably,
Ut lI2.
Freights are again fner, but the business is some
what restricted on account of the improvement and
the scarcity of offering. To Liverpool, the en-
gagements are 90 200 bush. Corn at 3d. in bulk and
bags closing frmer 5000 do. Wheat al 3D., in bulk
5000 do. do. 3d. bags zoo bbs. Flour at Is. 3D.
500 do. Pork at q. Cd. 500 pkgs. Bacon and Lard
at 2Os aud per steamer, $50 bxs. Bacon at 4Os, aud
300 pkgs. Cheese at 4Os. To London, 600 bbls.
Flour al %. 80 do Pork at Be. To Bristol 800 bxs.
Bacon at Or 3d. ~ tuns Fnftc at rs. Cd; l4O do.
Campeechy Wood ct ne. 3d.; 500 pkgs. Cheese at
sos; 5000 bush. Wheat per steamer, on private
terms To Glasgow, 90 hhds Hams at 22s. 3D.; %
bxs Bacon at 2s. 3d. 90 ter. Beef on private terms.
T'he business Of the Sub-Treasury was: Receipts,
g. 81 ,48l 70-for Customs, $4,000; Payments,
s. )26, 452 62; Balance, $S,oOS, 83G 10.
The Galena and Chicago Railroad earned, the
second week of April:
Second we'k 1882. 62.........................s 1892
second week, 22,J3l
Decrease. ..-............,............... .sy
There is a large business being done at private
sale ia railroad bonds. The transactions registered
a. w 'ibhp VI
in these securities Ihele are large number of
Issues st present under d cloud selling at low prices
but which present greet temptations speculative
investments for capital These being daily picked
up from weak holders, and there has never been a
time since 1857 when there were 50 few Of this class
Of securities floating upon the market seeking Il
resting place. TIE better class Of bonds have also
been 10 great extent, absorbed by capitalists, and
stand at high figures No fJst-class tint MORTGAGE
g)nds can be had below 81 or 92 and moes of them
re held at 80 TO above par There can be no better
security yielding the same interest, than first mort
gage bonds on 0 well located railroad.
Gold is weak in sympathy with Exchange, and
this weakness is a proJen the fnanciers find M
solvable by the received axioms Of finance. Tue
quotations to-day are lOl! alOlt. But for speculA-
ton gold would probably stand to-day at ! to 4 !
cent premium.
Controller Haws invites applications for q new
corporation loan Of q, 600 0OO TO be known as the
Union Defense Fund Redemption Bonds" under
authority OF an act Of the Legislature Of April Il, |
Io@' Ihiss TO take the place Of 81 OOO, 900 Union
defense bonds, which will he redeemed with interest
may l. The new Issue will bear 6 y cent intereat
the principal 70 mature November !, 1861.
The exchanges at the Clearine-H -Housa ,,i. ,oor,,-
Ing were sl9, ,576657 &c. ''''' '"V'"'
The statements OF the banks Of the three ,,rc;nsl
stes Of tho Union for the last week ooDonsra I'm