New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-02-14
sEconn RoARD.
THURSDAY, February bpm.

Stock market yesterday continued to-day with an
increased impetus which was particularly marked
Mt the Second Board. The elements OF decline
which produced the downward movement OF the
last few weeks have worked their effects and
have passed away. Money is again abundant Tor
Stock operations; the Fancies, which had been
piled up in weak hands, have been disgorged and
passed into strong hands decline of to Is v
cent. has been suffered, making margin for those
who have realized to come in again, and now the
market appears ready for another rise-possibly
TO point beyond what it reached before. Those
who were buyers when the market was at about
the present point last Fall are now operating
again, and the outsiders and others, who have
been sufferers for the last few weeks, have taken
heart for fresh start. The sales to-day were to
large extent, including the whole range of Fan
cies, and in every description there was a marked
improvement. The most active Stock was HOr-
lem, which went from 652. the closing price of
yesterday, to IS, an improvement of2l W cent
Farmers was also buoyant closing at 65 an ad
vance OF y cent. Reading improved to 60, also
an advance of / y cent. Edgeworth has resumed
its buoyancy, and was firm at lOl. This Stock,
which fell off but Pcent during the last panic is
now active at Boston and advancing. Norwichis
recovering rapidly from the late unnecessary de-
decline and went to 64I, an advance of2l cent.
Norwich is now earning dividend otsI " cent.
on the present price and the revenue is steadiyD.
oreasng. One favorable feature of this Road is
that very large portion Of the traffic is beyond
the reach Of competition, being from the manuiac.
turing establishments which are thickly scattered
A. Y Ill all ~
advance of " cent. We shall be enabled in a
few days to give statement Of the affairs of this
Company, which will place its true value before
the public. Portsmouth Dry Dock was very buoy
ant and is another of those Stocks which reacted
but moderately during the late decline in the mar
ket. The market closed at l6, buyer 30. The
parties who are operating in this Stock appear
confident Of its large ultimate value and held on
firmly until the fall passed over. The sale Of lots
for Stock. to come off in April is exciting consid-
cradle attention and will tend to place the Com
pany in much better position, not only by re-
ducing the capital stock but by increasing the val
ne of the lots retained by the Company. Every
new lot improved either by dwelling, warehouse
or mandatory gives Of course an increased value
to the remainder Of the property, and this is what
the Directors of this Company aim to accomplish
the distribution of portion of their lots at
moderate rate by which immigration may be in
duced and the value Of the remainder oil the lots
enhanced. Erie is also out from under the har-
row and improved v cent. closing at sOl' The
Stock is now in much stronger hands than 1t was
Morris closed at 2Ol, buyer 30, showing an i'm
provement of Z y cent. Stonington advanced to
SarOnd
Board. Canton, which has firted between 50
and SO for several days, was steady at 90 0604,
with considerable sales. Incomes recovered from
the pressure of the last few days and sold at the
Second Board at 90, an advance of of v cent
The I'd Mortgages improved ! y cent. Govern
ment and State Stocks were frm, bat there was
not much DONE With the improvement shown
above there was decline in two or three Stocks
Madison fell off y cent Rochester and Syracuse
v cent. Mohawk was offered at sos by the
bears, while the friends of the Stock kept entirely
aloof
In Exchange there is nothing of import
ance doing and the rates are unchanged. Sterling
issi0lO Francs, 5 l2i.
Freights are quiet but steady. Flour,
sd; Cotton td9S-l6d Dead weight les cd el5s
To Hayre rates are 10.
The payment of two millions Of coin from
the Sub Treasurp on Mint Certificates did not take
place to day as the list of Certificates to be paid
was not received from Philadelphia 1t is expect
ed tomorrow.
The receipts at the Sub-Treasury are
sso,l45i Payments, ss55,5O4. Balance, stl66'
$50.
The Niagara Insurance Co. has declared
a dividend of per cent for the last six months
This Company has been peculiarly fortunate in its
risks.
At Philadelphia money is again plenty
among the Stock operators.
The Committee.appointed for the meet
ing OF the creditors OF Texas, recently held at
Washington, have obtained the opinion Of Rever'
dy johnson, Esq. to the following effect Thatthe
proviso referred 20 in tho act, included all the
loans evidenced by Texas notes, consolidated fund
or sterling bonds. and made under the acts Of Tex
as Of the 18th November, 1886 4th June, 1887
9Th June, 1897 10th May, 1888 92d January
1899; 18th July, 1889, and 18th January, 1910
and also the l0I y cent Stock, and the 2 cent.
Bonds given under act of 5Gh February, 1910,
amounting, In the aggregate to S4,29O,50s, exclu-
sive OF interest since accrued According to this
opinion, the proviso in the law of Congress covers
nearly all the liabilities of Texas bought and sold
in this market We have heard it intimated that
the Dawson claim is the principal item left out
The revenue Of the Baltimore and Ohio
Railroad for January was,
pasasngers- Sa,ASe a1
Freight ...........s'................ 95,oo7 a
Total. ss.ssssssss..s.s..Sl@o4y6S "
showing an increase Of s27,25l II over the same
month Of last year.