New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-03-08
FRIpAy, March 9-P. M.

Market to day, aud the fancies show general
Improvement. At the Second Board there was
especially buoyant feeling, and considerable
advance in some descriptions The advIces from
California and Europe are more favorable than 1t
was feared they would be, and have given new
confidence to the market. There was consdera-
bic activity in the leading fancies The bears are
already operating against the new Erie Bonds. A
.,le of one Bond was madc at s9l, seller sixty
bu. that offer promptly made for 100000 was not
responded to. Afterward a sale of $4,000 was
made at gOI Some persons bought few bonds
ct the sale for the express purpose OF hammerlng
with them. Reading active at the Second
Board, after going to 6l2 in the street and closed
at 62J, an advance of per cent Harlem was
firm at al improvement of per cent and Farmers
also Erie closed at 80 bid, with but little stock
offering. Norwich was very buoyant and went
from 62I bid yesterday to Gal this afternoon, an
advance Of II per cent. There are now 1000
men at work on the New Haven and Newton
don Road, and the prospects are favorable for
iunction at the Connecticut River with direct
road from Norwich thus forming the shortest and
almost an air line between New York and Boston.
Canton went up per cent closing firmly at ssh
chat price being bid. Edgeworth was firm at the
second board, at 9, and New Jersey Exploring
sold at Il, with demand for more. This stock is
attracting good deal of attention and nearly all
the shares recently taken are held for investment
If the representations of the value of this stock
are one half true, the market price is much
below it's intrinsic merit An inexhaustible
lead Of ore and the power OF monopohslng
the supply of White and Brown Paint used in the
United States certainly hold out prospects OF I'M
mense profits. Portsmouth was quiet at 1874. A
sale of two thousand lots on the property of this
Company will come off next month, for which the
Stock of the Company will be received in pay at
pa. This sale being made to considerable ex-
tent to persons who will improve the lots, will
much increase the value of the reserved lots be-
longing to the Company. Morris was quiet at l75.
The injunction, we understand, was served on
the Company today restricting them from trans
fering stock excepting in the ratio OF one share
for four, and from voting for Directors, excepting
in the same ratio. The inquiry for Governments
was to fair extent at previous prices
For Exchanges the market Is steady Dut
not active. Sterling is 9401O; Francs 9-oS*@
SOFA, with moderate supply.
The market is firm for Freights, but the
engagements are moderate. Some Cotton was
eaesped at 5.l6d, and 5000 or 5000 bbls Flour at
i5Sa16ld; Corn; sd; Dead Weight, 2Os 10
Havre Cotton is going at &c. To Holland loO
casks Rice. 3Os. The Cambria has heavy freight
NJ Cos. and the Union, for New. Orleans, is nearly
fill at sOo. per foot The freight offering for Cali
ornia is light at 50 a coo. per foot.
The officers of the Bank of the Metro
pols assure us that the Cashiership of that Bank
has only been offered TO Mr.. Morrison.
The receipts at the Sub Treasury are
Sl95,3O4. Payments s53,0s5. Balance s4'loo''
74s.
There is no marked change in the supply
and demand of money, but the effect OF the late
failure has been TO cause some discrimination to
be exercised in taking paper. The rates are a
a. cent for good short paper, and 79s for long
paper On CALI loans are making at sac y cent
There is vet doubt if the Lewis County
ank has failed but it is difficult to dispose of the
knotes in Wallst Some of the notes taken to
sAthe Albany agency yesterday were redeemed
while Others have come back. Mr.. HOLSTER still
INSERTS bis intention to sustain the Bank. We
hear also of private telegraph dispatch from
Utica to day, reiterating the statement that Mr..
Hollis,er has not failed.
The Bank of North America has pur-
chased the building No IL Wallst, occupied by
Mr. Lawrence as an auction store, which they
will occupy as a banking house. The subscrip-
tons to this Bank now reach 100000, and the
books will remain open till 18th instant, for the
purpose of filling up the remaining s20O,OOO The
following is a complete list of the Directors;
John j. Fisk late Cashier Of the American Exchange
VIM RNss of The firm OF Merritt Bliss Il Co.
Ralph W. Newton, OF the firm of schouler, Newton
Charlie. NJ Connolly, Tobacco Dealer.
Psirick s,rsehsn, Of he hsm OF stIsenSo Scout -,
George Griswold Jr., OF the hrm Of n L. O. Gnswold
Ssmnsi l. Bush OF the firm OF Beas Bach L Co.
Chsrles f. Beebe, Of the hrm of Seebe Brother.
Ham - s,sntop of The firm Of Macy Stanton Co.
Henry Kent, OF the hrm of Kent Posg 20;
David B Turner, Of The hrm OF "sos"o''o' turner y
l. C. Clark, Of the firm OF L W CLARK Dodge Co
Aaron Champion OF SsyslIs all ia.
We gave some time ago very reliable
statement Of the condition of the Indiana State
Debt in all its subdivisions
Webave now taken pains to ascertain the his
tory present condition aud future prospects OF the
Wabash and Erie Canal, which stands pledged
Tor the payment of the Canal Preferred FIVE =
Ct Stocks of that State. This Canal commences
81 Ohio about 90 miles east OF the Indiana state
line, thence by Fort Wayne following tue general
course Of the Wabash River by Peru Logsns.
port La Fayette, Coyiogton' Terre Hsute, Point
Commerce TO Evansville, on the ONO river, q
distance of $40 miles connecting in Ohio with an
extension Of the same canal "a miles further to
Toledo. Lake Erie, thus giving continuous
Canal navigation from Lake Erie TO Evansville ca
abe Ohio River, q distance Of 463 miles, traversing
country OF great fertility, dependent on the "a,
nal for transportation 70 a market. This Canal
also connects in Ohio some 40 miles west OF To-
ledo with the Miami Extension Canal which ex-
a. - Aiafap Of mile
the Cnnarase of tha IL. Gtataa