New-York daily tribune., 1862-04-22
ACCORD BOARD.
MONDAY, April PIP. NJ.


Tbs stock market continues 70 exhibit strength,
with a moderate amount of dealings. The trans
actions are restricted by the small amounts OF stock
,ressinc on the market. The bulls hold on with
great confidence TO their lines and the time sales OF
tbe bears appear 10 be simply for the purpose OF
carving forward their contracts We can scareeiy
look for 1nuch activity in the market unt the army
before Yorktown has driven the Rebels rom Their
intrencbments. and We can see the beginning OF the
end. In the meantime tie market is IN pOtiuon 70
feel the influence Of such an event, the snort Inc
being large and cash stock of several descriptions
scarce Pacific Mail is very scarce and the
deliveries of Central were not all made To-
dsy; Gales Of the former were made at the Sec
opd Board at 1906, and that was bd
at The close The Shorts circulating the rumor
that new line TO California is to be established via
Panama the boats on the Atlantic to connect with
a British line on the Pacific, between Panama and
San Francisco We can scarcely believe 80 absurd a
rumor has snv foundation. We think it would be
difficult TO find CAPITALISTS and boa.owners willing to
risk their money in running an opposition TO Com.
Vanderbilt or the Pacific Mail Co. Neither Of these
carties would submit to an interference with their
business without severe struggle aud the length of
known. The British line on the Pacific would
be in violation Of our navigation acts, I'M
less considered as foreign, in which case all
freights by it must pay import duties. AT
the Second Board the market was fairly active
and strong. The feature Of the session was the
movement in Erie, which WAS in active demand and
advanced TO 374 for common, and 6ls for Preferred
shares. The large earnings of this road, and the
. prospect of an early dividend upon the Preference
shares are at last attracting the attention of outsiders
There is also some demand for English account, and
the last Cunarder took out about 900 shares. In
Government Securities the business has been large
and tue market is firm at 93S for the Skies Of ISL,
with registered sales of $50 900. State stocks show
but little change. Gold was frmer, at l0l5 al0l3.
At the Third Board, there was active bidding for
Erie, with sales of at 81, and Preferred at
6li. Central was 50 asked, and Pacific Mail l0Jt.
The tone was that Of irmness, with but few
stocks offering. The principal orders, however,
were for Erie old At the close the quotations
u. 6. 6s, 1884, Reg, 93i a93s; u. S. g. 1881,
Coupons, 933 G94 Treasury Notes, 7.3O, 99i a l0Oi
American Gold, l0ls olOls; Tennesse is, 56a 564;
Missouri State 6s, 4gs o49,; Pacific Mail Steamship
Company, l0j a 1861; New-York Central Railroad
81; 9S3; Erie Railway, 6to9l; Erie Railway
Preferred, 6ls d6ls; Hudson River Railroad, 3jI d
35l; Harlem Railroad l2I al24; Milwaukee au'
Prairie du Chen Railroad 26d-; Harlem Railroad
Preferred, 3Od3l; Reading Railroad, 42l a42l
Michigan Central Railroad, 81, a54a Michigan
Southern and Northern Indiana Railroad 22l 023
Michigan Southern and Northern Indiana Railroad
Guaranteed, 46a46!; Panama Railroad, l2iI ol2j
Illinois Central Railroad, 6O2 a6lI; Galena anc
Chicago Railroad, GI a672; Cleveland and ToledC
Railroad, 42ai2!; Chicago and Rock Island Rail
road 81, a 54i; Cleveland and Pittsburgh Railroad
1ie17l; Chicago, Burlington and Quincy Railroad
62@62I.
In Foreign Bills there is not much doing Sterling
IS held at 1l21 for leading drawers, but the deal.
ings are at ll2o1l2I. Commercial signatures are
uII9ll2.
Freights are firm, though hardly 30 buoyant, and
the business is moderate, chiefly TO ports IN Great
Britain. To Liverpool the engagements are 1900
bush. Corn at cd. in bulk; 1900 do Wheat at 6ld.
In bulk; $500 bbls. Fonr at Is. l0ld d. mainly
at the latter rate LOO pkgs. Bacon at 2s 3D.; 100
casks Hams at 22s Cd; 30 casks Shoulders at %2s.
Cd; 100 bbls. Pork at 2s. cd. To London: 600
bbls Flour at %. lId; l, 100 boxes Bacon at 22s.
Cd; 200 casks Hams and 80 casks Shoulders at 22s.
Cd To Glasgow: 200 Gbls. Flour at2s. In charters
there is more activity; small vessels, especially
adapted to the West India trade are sought for;
these are scarce and rates. consequently, are rmer
The charters are an American vessel Of l79 tuns,
from Machias, Maine, to Porto Rico and back TO
New-York, at 42c. for Sugar and 50 fol
MOlasses, on deck; an American brig Of 29S tuns,
home from the south side Of Cuba at s. 80 y hid /;
brig of 1913 tuDs, 10 Mexico and back, at S. OO0 q
British brig of 10 tuns TO tho West Indies and back,
at 81 800; British schooner Of 81 tuns, the
voyage, at 81 l5O British schooner of l30 tuns on
the sane voyage, at $1,000; British schooner Of
l07 tuns, on the same voyage, at 81 $50; British
brig Of 40 tuns, home from tue West Indies and
three American vessels one of 2a tuDs, one of 80
tuns and one of 81 uns 10 the north side Of Cuba
and back, all on private terms.
The business Of the Sub-Treasury was: Receipe,
S3,53S,746 63-for Customs, 100000; Payments,
1884, l8i Isl Balance, 1913 400 81.
The Michigan Central Road earned the second
week in April:
icol..s......s., S35,Tl2 III
A't'''.......... @,7l7 ~
Incrssss..-..................... se44 50
Tho Columbian (Marne) Insurance Company has
declared regular somi.snnua interest dividend of
"a y cent on the cash capital stock, payable May l.
There was more movement in gold to-day, and an
advance OF v cent was established. The tendency
Of gold to low points has surprised the political econ
omsts and while the present expansion Of the nsner
currency is going on, il gives the lie to the reoeirsd
hxioms Of that science. Whea the banks suspspded
specie payments the foreign bankers aud their cor