New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1871-03-07
MovnAY. Mnrch CT. "
1VI " AIO1N NJ fhs
SatssoJ GOp>TnBsnl Boa,is.

The stock market has been more quiet In tone
to-day than for several days past though the Transactions
especially in tine afternoon, were Of great magnitude
and attended generally with higher quotations. Among
the stocks largely traded in aud which have not been
pronincnt in the Board OF late, that OF the Ceye-
land and Pittsburgh Railway Company, which was
pushed up from g TO 49, though fell OF fraction late
in the afternoon We heard OF no intimauon from the
very wise people Of the street that this stock was
under the manipulation Of the vanderbilt party, from
which t may be fairly inferred that there ia at least one
more Richmond in the field. The movements in this
stock was decidedly feature Of the afternoon. The
move neut in Ohio and Mississippi, the price OF which
has been irregular through the day, still attracts large
share of the attention Of spectators. We hear the
names Of several prominent gentlemen mentioned FOR
the future Presidency OF the road among whom are
Mossrs Torrance and scc who put forward in an
tagonism to the Western and Baltimore interest because
of he refusal OF tie iaerto Join hands in the late matter
Of the adjustment Of freight rates The Northwest and
Rock Island shares were held with strength and higher
quotations were also current for n y Central and Hud-
son River st. Paul and Wabash were quiet and firm,
while the late excitement in Union Pacific has for the
time subsidized. The investment securities were without
feature Miscellaneous shares active large busi-
ness being done IN Pacific Mail at irregular quotations,
while In Western Union the Unbelievable was again
opeued and the price moved upward to 55 the highest
point vet made Te rest of the list, well as Express
shares were dull, hut generally firm. The stock firm
of Albert Frank Brother whose check for $4,000 was
dshonorcd on Saturday last have notified the Board OF
Brokers that they expect hope to resume payment IN
few days; but in the time their check remains
unpaid On inquiry at the Union Bank as TO the facts
concerning the transaction. referred TO i'm this mornings
TRIBUNE the shier Of that Institution was found TO be
reticent remarking that the was somewhat COM
pcacd or involved. he preferred not to make any state
ment concerning az present except that the
had exaggerated its Importance and that it was not so
bad as reported He did state for whom it was not
80 bad II appears that Messrs Casson e Hayes keep
their account at the Union Bank and that the check in
question was drawn upon that institution and de-
posted there by C0ssOn & Hayes and passed 20
their credit at least accepted as a deposit from
that firm. They C.. Il H. hold the bank response
bic for the check claiming that its acceptance
az deposit was equivalent TO certifying IL, and insist
ing that 10 was incumbent upon the bank TO know
whether the check was not good. aud II not TO
have rejected then and there They have handed the
matter over 20 their attorney So IL seems that in case
Messrs Frank Brother fail to redeem this dshonored
paper the question of the banks liability in the prem
ises Will be udiciay determined. The following table
shows the highest and lowest prices OF active stocks
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