New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-03-03
SATURDAY, Msrchl-P. M

There was heavy market generally at
the First Board, but afterward there was better
feeling. and prices improved. AT the Second
Hoard the demand was better, and the market
closed buoyanty at higher prices. Reading was
very buoyant, and went to 621, showing an ad-
vance Of y cent on Fridays price. Harlem was
also firm at 69l, an Improvement OF y cent
from the morning. Erie was without marked
change. closing at slI. Norwich, under pres
sure of Stock, went to 63l, bat recovered to 64.-
Rochester and Syracuse fell off to Ito under
NOR that a subscription of 100000 had been
made to the Cansndaigua and Niagara Falls
Railroad, for which fumor there is not the slight
eat foundation. Some parties have been talking
Of this route but there has been no action what
ever upon it. Erie Income Bonds improved at
the Second Board to "a, an advance of II y cent
Portsmouth was steady at l3l. There has been
little reaction in Edgeworth in Boston, which has
affected the market here, and the price fell off to
ia. The market at Boston, however, is again ad-
yaneipg. There was firm market for Farmers
ut 81. Morris recovered to 1s. The Company
we understand, do not regard the injunction as
compulsory, but only restrictive. The upward
tendency OF New-Jersey Mining and Exploring
Stock continues, and sales at the Second Board
were made at l5I, an advance Off y cent. This
Stock offers an opportunity for most promising
speculation. If the new furnaces for subliming
the zinc turn out the quantity Of white oxide
pected, the Company will make larger dividends
than any Stock on the list. Messrs. s. g. Cornell
Il Co. have recently taken the agency for the
State for the paints of this Company Govern
L. AZ and xuith0uf n
importance.
In Exchange there is moderate busi-
ness doing at previous rates. Sterling, 9I0lO;
Francs, $40.
Freights are held very nrrnNy, but the on
gagsments are small. Cotton, 5-l6d Ia Cd; Flour,
1sd; Corn, sd Dead Weight, i5s02Os. Within a
fewdays there have been engagements OF 25 tuns
Butter, at eos. A British ship took 1900 bales
Cotton at Id. To London, Oil Cake, rs Cd; and
Heavy Goods, Bacon, Lard Cheese, &c, 3Os To
Havre, the packet is full az of cent for Cotton
To Holland, 200 bales Cotton at ll,l6 Of a cent
and Honey at cents, were taken. Swedish
bark was taken up to load Sugar at Cuba, for
Spain, at SIS " tun. The ship Columbus was
taken up to load Cotton at New-O rleans, at I'd,
for Liverpool The ship Columbia, up for San
Francisco, has been withdrawn, and her freight
transferred to the Witchcratt A bark was also
recently withdrawn, on account of the small
quantity of Goods offering The rates by Clip
pers are 60075 cents; by other vessels, nominal
The new ship Astoria, built at Westbrook, Maine
has been purchased for a Freighter at about
e27,500.
The amount received at the Custom
House was ss7, lO2i Paid, s35,2ll; Balance, So,
7l5,s39.
The amount of specie exported last week
was SECS, 7Os, of which s24S, 700 was in American
Halves.
The traffic of the Erie Railroad for Feb
ruary is about equal TO that of January making
allowance of smaller number of days in Febru.
AIRY. The receipts were as annexed
Passengers and mail. $5745 Sc
freight 'SSo "a
February, 1880 lORal2 81
Excess in 1851. s22ss2 %
The receipts in January and February sre..sHOOl4 90
Same time, 1850 5lo7 %
Excess % y $5iSf7 90
equal to two millions for the year the present.
Road.
The Kings Co. Mutual Insurance Co. has
declared dividend OF 3 y cent for the last six
months.
Mr.. Edward NJ. Gaion, and not Edward
Mcclure, as printed, is President of the stuyves
ant Bank.
The advertisement in another column, Of
the Bonds Of the Chicago and Galena Railroad Co.
is well worthy the attention of investors. The
Bonds bear ten y cent interest and are convert
ible into the Stock Of the Company, which Stock
pays, we understand, IS per per annum.-
The Road is now completed, and has been for
some months in operation to Elgin about forty
miles from Chicago. and is under contract, and
will soon be finished to Belvidere. The estimates
of the year ending LIST May, 1881, were;
Receipts $4,000
Expenses and Repair. ....,........,.....sS@
ihlofest..s..... ............'......'.....s. lSOo
$4,000
Dividends, IS y cent sock. 1875
surplus St4fSo
The entire Road, with all its properties Of every
description, from Chicago to Belvdere. is pledged
for tho faithful re endorsement Of these Bonds
The net revenue Of the Road is also pledged for
payment of interest aud principal The first di
vnion Of the Road Alone from Chicago to Elgis,
cost TO May, 1880, over $780, 00
The traffic of the Madison and Indiana
polls Road continues to show a very large in.
creafe, and the accounts from the Road are that
the business promises to continue to show very
nearly the same rate Of increase for some time to
come. The first eight weeks Of the year compare
as follows with the same time last year:
let Week..................... $1,000
81 - .......................... 4Ll 1900
Sd - ...................s..'...' $50 S,l00