New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1850-11-08

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90 90 ::::::: 4 /. 7 S$ G G8.::::::s35 Il
:2eou i, go 80 D .s H cdSo1 p,
5000 Sec Mort Bds l92 go do',''''''bSfT9 81
1 Ig0 40 H. ~ So -
2GG do -. bins so $50 Reading Riib5Q. 5%9,'E
0' s'tsn G5 100 Long Island boo II
100 do ............ 693i 50 Canton Con- 7'
THURSDAY, Nov pm.
In Stocks the market continued very bnoyant,
especially at the Second Board, when Farmers
Trust went to 81. AL the Fances are firm and
active. The excitement in the street is very
great and there appears to be more outsiders OPP.
Grating than we have noticed for a long time.
Many who would not buy when the market was
10 y ct lower have been drawn in by the con
tnued rise and are buyers at the advanced prices
The great ease in the Money market stimulates
and sustains the speculative spirit while the gen
eral prosperity of the whole country affords
basis for operations and continually enhances the
value of Stocks. Still the advance in prices may
be too rapid and in such cases reaction to some
extent is natural and carries with it no cause OF
apprehension. The largest movement to-day was
L
sold, opening at 492 and closing at 81 Morris
was also active the sales reaching $500 shares
closing at 22s an advance of v CT Reading
was steady ut about yesterdays prices. Erie
was active and Mt the Second Board advanced TO
79s an Improvement Of ! y ct. The connection
between H0rnelsville and Buffalo is now in n fair
way of being made The Attica and Hornels-
vile Road has been let and the contractors will
push the enterprise with vgor. This will make
another through connection by the Erie Railroad
with the West. The Attica and Hornellsvlle
Company are in negotiation with the Attica and
Buffalo Company for the purchase Of their Road
aud should this purchase not be concluded arc
prepared to build a road between those places.
New. York and New. Haven is steadily advancing.
Norwich and Worcester was active and advanced
to 60 under sales of 100 shares. Portsmouth
Dry Dock was steady. There considerable
saes of Long Island, with an advance of q ct.
The Directors Of this Road had meeting to-day
to consider some plan by which the present en-
barrassments of the Road can be removed. Roch
ester and Syracuse sold at rs, being farther
advance Madison and indianapolis advanced
q ct and was in demand The receipts OF this
Road for October show continuance OF very
favorable state of traffic, being $4,000 agalnss
$4,000 in October, ls49, increase OF $4,000.
The gross receipts Of the business thus far since
June, when the dividend was made has been:
Receipts since June 6o oG0
Al Os time lust ear...........,......... $1,000
Increase SO p $4,000
k EsSenis as sna December saaes gSS
sl9i29
Balance for Dividend ..,.................. S9l0OO
Equal 10 u CT for fix months.
Tie receipts last year in November and De-
cember were $4,000 Should the rate OF increase
continue the earnings of the two months will be
$4,000 instead Of $4,000, as estimate them.
| The first week in November shows considerable
| gain over last year. Canton advanced to 81 an
improvement Off y ct. Stonington jumped to a. an
advance of q CT. The arrangement made at
Boston on Tuesday, it is thought, will be of profit
! to this road Erie Income Bonds were in demand
and improved v CT selling at o33. Large sales
of Pennsylvania IS were made at 90. Delaware
and Hudson fell OFF y Ct At a meeting Of the
Stockholders to-day authority was given the Di-
rectors to issue 100000 of Stock for the pur-
pose Of charging the Canal and for other pur-
poses, making the capital $4,000 600. Authority
was also given to issue 100000 additional if ne,
cessary without calling the Stockholders together
The holders of the Stock at the closing OF the
books in December next are entitled to prefer
ence in the proportion OF onehtth of their amount
of Stock in the disposal of the new Stock. Gov
ernments have also an upward tendency
In Exchanges there is moderate business DO
ing and the MARKETS heavy. Sterling, lo0lo1;
Francs, 5. IL a5.l6!.
In Frejghts the mevementi is not to great extent
and the rates are firm. Engagements OF Wheat
Mt 42d, and Flour at l6ld Cotton, i'd Dead
weight, ISIS ais cd
The Money market remains very fully supplied,
and loans are negotiated with facility at 5a6 y
ct on Stocks, and sac q ct for frst-class short
paper
The Receipts at the Sub, Treasury to-day were
s7o927; Payments, s4l, O99 Balance in the
| Treasury, s4o88,s70.
The business of the Michigan Central Railroad
for October shows & large gain over the same
month last year, being sl65,0oO against sIQ3, 367.
an increase OF 81, 633
The fremont Insurance Company of Boston
has made dividendof 10 Y ct for six months
At Boston the supply Of Money is quite equal
to the demand, The current rate is a 8 y ct on
good collaterals and paper The Stock market,
like ours, has taken upward turn Some sales
OF Manufacturing Stocks We're making at low
Prices. Bank Stocks were selling at high rates
The subject of Banking is before the Conven
tion Of Indiana a few days since Mr Raridea
introduced resolutions relative 10 Corporations
and Banks. The Bank provisions authorize the
extension OF the State Bank charter till 1855
provides for aa increase in the State and iadyid.
ual stock IN the Branches, and allows the Legis.