New-York tribune., 1872-04-01

found In the fact that these securities either have been,
or will shortly be- placed tho call ut the London Stock
Exchange. Tho entire market, however, took courage
from this new dsparnro and made considerable
improvement all around. tho closing prices tonight
being considerably higher than one week ago. as viii DO
observed by usual weekly comparative table, which
will bo found OF great interest Another reason for tho
upward course prices found In tho unexpected easein
the money market, whch during the week. has ruled at
low rates. the better class of borrowers being accomo-
dated nj the legal currency rate Exceptionally however,
commissions wero oxactd from needy borrowers, who
were later in making up their daily bahR hc-
counts This abundance OF money may be
traced TO the very large influx OF foreign capitai
hero the wayiOf European purchases OF Erie whch
tends TO relieve the market Of much stock that would
otherwise have to carried Added TO this arc the FREQ
disbursements OF gold by the Treasury, which, by aug
mentng the bank reserves, affords an opportunity ior
greater expansion. The currency movement has also
been Of considerably less Importance than In former
seasons and in many OF the leading Western Cities as
also In tie South the rate OF iexchange has advanced
close on to the figure ut which currency would be more
available for remttances here than drafts
Gold made an upward squirt from 100! TO iioi with
animated market and brisker trade than for soo
time past About the LAST OF January some OF the larger
holders OF stocks borrowed largo quantities OF foreign
exchange aud selling the same used tho currency Iro-
cccds OF the gold obtained thereon 10 carry their hSd-
ings Taking advantage OF the late stiffness OF prices
these parties sold their holdings and were adjust
ing their borrowed exchange, buying the gold FOR this
purpose Relieved Of this element Of strength the price
settled back " 10 The higher range however, found
quick RESPONSE In Government bonds, which steadily
improved during the week, ard In the case OF 1SCs,
rising nearly per to I3. The interest attaching to
Erie has checked the demand for Government bonds
from Europe: but this is not liable TO be Of long
duration, and the Spring demand II likely
to set in strongly before long. In Southern
State bonds the speculative interest has bcon conned to
few houses dealing in Tennessces. South Cafolinas
&c. who mako these securities a speciality The general
public have long since ceased to place Implicit conn
dence in the due uhllment Of pecuniary obligations on
the part OF many OF the Southern States.
Today after the partial rest OF yesterday, the specu
latve fervor to have broken out anew with in-
vgor, and prices opened with an upward Jump, in
some Instances Of to q per cent compared with the
official closing prices of Thursday night, NcwYork Cen
tral, In particular being buOyant, with sales Mt 1Oil
against 80 at that time. the probability that 1t
will soon be dealt In the London stock Exchange
being sufficient to start upward speculation in
that stock. We certainly have fallen upon speculative
times and IL looks as If the approaching season would
ou;Strip the famous period OF 1854 1865. Erie again
formed conspicuous feature advancing TO G3 In sympa
thy with the rise In London. although dealings there are
irregular and informal, the day being sort OF half
holiday. Lake Shore, OhiOs. NoI<h-West, and. In
fact, all the list, in active request, aud
though the market fcycrish and Irregular
yet there very bullsh disposition manifested all
around despite the active working Of the money
market Union Pacific, which has for so long time
In the dumps about IS, made sudden squirt up
ward 10 All on very large dealings Pacific Mail was
strong and advanced 10 Cli The speculative
Juror extended 10 the miscellaneous shares. which
were all active and strong nc well sustained
quotations. Investments were strong, Chicago and Al
ton fetching l17S; Delaware Iackawanna and Western
112 Harlem, 49, Fort Wayne, 81. and Eric Preferred
So We note a further advance in iron Mountain TO o.
stocks active aud strong. and Express shares
firm and In moderate inquiry. The opening, highest
lowest; and closing prices OF active stocks fol-
lows: