New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-05-27
SECOND poARD


MOEDAY, May ~ ~.
There was not much activity in the Stock
Market today and no changes Ofimportance except
tnV in Canton and Reading. The former improved
10 7s and the lattert 56 The purchases OF Canton
arc mainly on Baltimore account The last estimate
nv the Company Of the value Of the stock was sl'o
~ share. and the report which Will be made next
month il is minated, will establish this estimate
The bulls in Reading appear 10 have the advantage az
present. Long Island and Harlem were firm al v
cent advance The traffic Of both Roads continues
IN show an increase, although the business oil 'he
former has been somewhat embarrassed by the WoIh
on the jamaica track and the employment OF POI
non Of the equipage transporting materials 10Y inc
Comnany Railroad Bonds generally are firm and IN
demand For Ono and Pennsylvania 95t was oio'
which Is an advance Of 1t = cent WITHIN week or
two These Bonds are now taking rank IN the esu-
nation Of foreign and home capitalists with first
marriages Of the best Eastern Roads Governments
are firm but not active.
The Exchange market IS firm, with far
business doing Any but strictly hrst-class names arc
difficult of sale. which tends to add frmncss TO the
market Sterling Is lO.dlOl, with considerable sales
Of sight bills atlI0IlI Names less known are sell
ing al 9GIOpcr cent. Francs are lOa5 Oss
The advices in relation to Cotton from
Liverpool are much worse than was anticipated, and
its feared that considerable amount Of bills drawn
against Cotton shipments Will be returned. One or
two failures have occurred in Liverpool, but none OF
much importance. The effect upon the market here
of these advccs Is not fully asccrtancd, but some
sales have been made at about &c decline
In Freights there is not much activity,
but the rates are unchanged. THERE'S nothing doing
II 4 r,f
I6d Dead weight los 6d0l5s, and Oars and Hand
spikes at previous rates To Havre, Cotton Is en-
gagged in small quantities at &C. To Glasgow, 900 or
1000 bbls Flour at 2OdG2ld, the former IN British
ship. Two Deal froghtS were made at ca 50G4 10,
ihe latter from Quebec to London. To California
the shipments not large, at 55G7Oc
The amount received at the Sub-Ireas-
ury was s9sO3O Paid, So ,s24 balance, s2l7l,I9l.
OF the $33O,OOO Of sugar duties refunded, about
100000 have been already paid here. consider
able amount Of moaSseS duties will also be refunded.
The amount of Federal Stocks transfer
red to foreign account last week was 33,4OO. The
transfer books will soon close for the July div
idend
The Farmers Bank of Troy has declared
a semi annual dividend of SIX per cent.
Village, to be called the Farmers Bank of Saratoga
County, with capital Of 100000
The new patent continuous compound L
Rail is attracting very general attention from Rail
road men, liz has been IN use for some time past on
Utca and Schenectady and Erie Railroads. On the
former some IS miles of the south track beyond Am
stordam is now land with IL lis advantages are
great saving IN the wear and tear OF machinery and
track, it secures much higher rate of speed with
the same power, and without jar or Joltlng 1t like
wise affords protection om accident caused by loose
or displaced rails. The proprietor, John F Wmslow
Esq of Troy. is furnishing quantities OF 1t for
the Hudson River, Buffalo and COnhOcton Valley
Madison and Indianapolis Lake Shore and other
Roads II Is said that the movement Of the cars over
track laid with this rall Is almost as smooth and
noscess as sliding over ice the motion beng so
slight as to permit writing IN the cars without the
Nghtes, interruption.
At Boston the Banks are lending freely,
and but little good paper gets into the street. The
street rates are 7,ds per cent.
The Rochester American states that 4
meeting Of Directors OF the GenoSce Valley Railroad
has been held IN that city survey has been made
on each side OF the River by the Engineer of the
Company. Both routes are exceedingly easy and no
decision has yet been made between them The road,
it is stated can be built AND completed IN the best
manner from Rochester 10 DanSville, distance OF Is
miles, for $6OOO00 A through travel each day OF
800 tl50 each way( would ensure paying dividends on
this capital From DanSvillc connection can be
made with the COnhocton and Buffalo road, and with
the Atca and HoTn,ilSyllo road, the distance IN the
hrst case beng and IN the latter 10 miles II Is eN-
pcctod that Rochester viii carry the road as lar
South as Avon To do tins Will require 4 SubScnp-
hon of $S00,0N
A very serious difficulty has arisen in
the Exchange Bank at Norfolk. Va by reason Of he
recent appointments by the Gov ornoy OF Directors on
the part Of the state The business of the Bank seems
TO have been suspended by The opposition Of HE
State Directors.
The subscriptions to the Cincinnati, VII
ming,on and GAINESVILLE Railroad reach $S,4,l00
We annex statement Of the exports
fom this port from the l7th 10 the eth OF MAY