New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-05-23
SECOND BOARD.
THuRsnAY. Nav ppm

There was an upward tendency IN the
Stock market TINS morning and the fanclcs generally
improved slightly Reading continued 10 be the IA
vorite stock and the sales were considerable the
market going to 56f at the First Board. It afterward
reacted and closed at the Second Board at 56t ilar
lem improved TO IA, but closed At a with small
sales Enc was rather active and without important
change Long Island was IN demand at the Second
Board at q, showing a firm market The Counsel
OF the Corporation Of Brooklyn has given opinion
that the Council can prohibit the Road from using
steam IN Atantic-strect. Per contra. the previous
Corporation Counsel and some OF the highest legal
authorities in the State hodthe adverse opinion In
any event the Road can, If necessary, be carried 10
WiIamsburgh which would probably be no disadvan-
tage III the end The land Companies, Canton, Ports
mouth and Edgoworth, are dull bat without much
change. Rochester and Syracuse is better, 1928 be-
ing bid. Utica and Schenectady IS firm at l26 Ston
ington and Norwich are quiet but firm. Ere Secu-
rites have an upward tendency. The Convertibes
sold at 90, and Incomes at 97s. Government Stocks
are In demand at an advance. Skies OF 1867 have
improved Z p cent. Coupons are scarce and held
very high There is fair inquiry for Bank Stocks
and q G quotations are well sustained.
The Exchange market is dull but rates
are finn. Sterling Is 10. GlOl Francs 5.lO0jO7i
The supply of bills IS moderate and the unfdvOrable
state of the Liverpool Cotton market viii embarnss
the negotiation OF second class names II Is be
heved, however that after the next steamer the adj
vices will show much more healthy state OF the
market The frost accounts Will have been received
and the market strengthened. 1t Is well known here
that the unexpected decline brought by the Africa
was occasioned by large lots forced on the markedly
holders of Cotton bills with bills ading attached, ac-
H.
sunk under these forced sales and It Is thought
wOuiu Uv sustained ~ Vi aOOut V'o, 1UViimU.
Freights are steady but not active. Some
engagements of Flour were made at l6id Cotton
7-92d Dead Weight l2s 6dal5s Corn IS a. To
London zoo bblS Tupentmo ., and Dead Weight
25s. To Havre Cotton is !c. The clippers are get
ting 55G70 to San Francisco, according TO time Of
sailing.
We understand that the President and the
majority OF the Board of Directors of the North
River Bank have resigned. There has beena division
IN the Bank for some time past and the anti-admn-
straiion party having obtained the control OF ma
orly oftho stock the administration do not like Lord
John Russell, choose to continue to hold Office in the
face of defeat. The new election, We believe
comes on in June. very wealthy and distinguished
merchant of Southst 1t Is understood Will probably
accept the vacant Presidency.
That close Corporation, the Utica and
Schenectady Road, has seen mt TO yield up one OF It's
secrets and has published the annexed statement Of
It's passenger receipts under the reduced fares.
Statement of amount received ior transportation Of
passengers in April and from May lst TO l4th, 1850
also in April and from MAY lst to nth, 1851, aS fol-
lows.
ISSV-AQfu -SoJ,~l% VI
May Isl 10 l4th-.----..---- 23,5t6 O9
-ssO,71S 10
lS5l-April -$52,li9 ~