New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1851-03-17
SECOND BOARD
SATURDAY. March Bpm.

ltO 90 .ss.sss...ssD ~
SATURDAY, March Bpm.
There was fair amount Of business az the
Stock Board ibis morning aud generally the market was
weak. The fluctuations however, were quite moderate.
Al the opening OF the Second Board the feeling better
and the market looked like advance bet Tie Hood OF
Reading which thrown upon the market broke down
that stock cent, and this had uniavorase influence
upon other stocks Tie sales Of Reading at the Second
Board reached 1900 shlres nearly all on Philadelphia &C.
count and the market fell of to So at which pnce there
bid FOR Zoo shares at the close FSere was rumor
Of failure at Philadelphia which had brought out this
stock At the First Board goo shares offered sellers
option at 5 Some OF The Leavness Of Reading il to be
sscrbed to the TACT thai feared that tie negoaona IN
regard tolls between the Road and the Navigation Go
will result il decrease OF rates. Harlem was firm and
closed al g.. Norwich also firm at 65l Portsmouth
fell Off 10 l but aferwsd recovered to 49, Canton sold at
5ol, buyer ninety which ia p cent advance. Fer 30
hawk 9Ci bd, showing also r. cent advance New
jersey Mining Co improved 2 cents y share, and was n
fair request Norrs was firm 10 the morning. but
covered in The afternoon sndcosed at 10 bid. Long Island
was better y cent selling al 23s Government Stocks
were In fair demand az f prices Bank Stocks fair de-
mand. The Bank Of the Republic sold al par aud the
Bank Of the Metropolis offered at &c. The latest bids
were as follows:
Farmers ...............eji Norwich .....s.eS4
BarleIn Ere '''''''5it
Long Island ...........2 t stonington .........4l4
motifs. 10 lkdgeWOrtH -
Reading. Portsmouth. .......It
In Exchanges there is bat moderate business
at previous rates. Sterling si0lO&. Francs 5lO75t-
Amsterdam A3042 Hamcurgh S70S7&. Bremen 799079i
Freights are quiet and heavy; engagements 900
bales Cotton at 3l6dld; Flour is 12d, Corn 4id Dead
weghtl5G2os lOO02OO bbs Chrome Oil s9s; $50 tcs Bee
Is Cd COO bbIs Turpenine about g. and 5hhds Bones
private terms Within three four days there have been
engaged to London zoo bbs Turpenine and % pipes Wine
private terms 500 bbs Flour. Is 50, &c To Glasgow
Tslow Bacon and Red OIL 25s ~ tun; Ashes 2O; Cotton
Id; Sperm OIL 27s Sd y tun and Wheat, Cd. To Havre
Cotton has been taken al al for square and roaad
bales To Holland 100 tee Honey cents aud $50 bales
Cotton OF cent To California there Is offering al
4Oa6O cents T. foot To New Orleans there Is butltlo or
feng Several vessels have been taken up load Sugar
at Cuba for This port al 42G474 cents p 100 Is from The
South side, and Sc 50 q hid from the North side.
The exports of coin last week were $4,000,
of which only about 100000 in gold. The Havre
packet took about $3.50 oOo included in the The
tai exports this year are $S,looOoo.
The receipts at the Sub.Treasury are s9G,sili
Payments scan; Balance $86Slo7l. Tie aggregate
disbursements Of the subTreasury week reach 831o
co., and there remains 100000 OF the Indemnity drss No
] yet presented
The subscription of million of dollars TO tho
Bank Of NonlrAmerica J. j. Fisk, President, was com
pleted today, and the books closet.
Nothing decisive is known about the Lewis Co
Bank but it ls generally believed that it will 60 Mr.
HOLSTER ii is stated has provided funds pay all the
cus.lon.
Exchange on New.Orleans is dull and coin
there wa. offered al 2 premium, which Is as well
it can be shipped from this port and all trouble saved Tde
coin which arrived from New-Oreans last week was 49,
ot0Mexican Dollars.
The Illinois Central Railroad Corporators had
daily meetings in this City last week, where the affairs
s., dc
French who 10 Director started on his return Illinois
on Saturday
The stock of the Northern Indian Railroad,
million of doGrs which Is the continuation OF the Southern
Michigan through Indiana, hes been subscribed within
$4,000 or $4,000 large portion Of by capitalists in
this City Ths the completion Of the Road to CHI
csgo within the time es,msei by the Company This
South Bend Register states hst the above road progrets-
ing rapidly Ekhsrl Co. the supersructure being laid
down The contract for bridges across tbs Big Ekhsr
the Little Elkha and the Bsbaugo Rivers, have been let
and the contractors are now getting out the timber Coz
tracts have also been made for most OF the grsdng from
the Little Elkhart Ia mile east Of BSOD 10 The village OF
Ellhsr and hands at work along the ln9. The
road will r all probability be completed to So5.h Bend By
the Isl OF September next
In reply to The I'riJUneS paragraph exposing
lie laundering in relation the Lewis County Bsnk tbs
! Philadelphia LSdgey 'sys
pared wiki lhe assertion OF The Tribune lnal me rfre
Baking system affords perfect security 10 note no 9e's
when II Is well known fact thai at this une ln7 ps q"
The broken Atlas Bauk, tee bank, are selling a. l
count Of so u cent and that el dsys ago WASH
Tumor prevailed the cred Of other ol tho rec oA@
the rate Of discount increased their bills c3atldefspy
nakr quite harvest for the note brokers' Indeed some
Of them. for iime a. least the NewYork pspefs In
| formed US, ceaSed 10 circulate as currency.
| What We said was his
| Soon sfer The passage OF the Law there were some
swTdDg Banks organized under H. aa1 hroashl Ae sy
TEN into some discTedit by exploding. Stringent amen
have since been passed and the system noH Affords
| perfect security to note holders
We admitted tia; early organized BANKS had eS-
pode buwe asserted aud do assert thar now the system
sor.s perfect security 10 the noe-holder ard wedeny
the emen, OF the Ledger that tle notes OF the Banks re-
por TO have failed az the time as the Lewis Co.
BanAeher ceased to circulate currency or that any dis
rnet in The rate OF discount made by brokers be
geot The notes Of those Banks end other state money
The failure Of Free Bank, whose notes are secured by
UnS States and n. Y. State Stocks brings scarcely
doas Of the money into the hands or the brokers
than Voad coBe there in the natural course OF business
Tse earnings Of the Baltimore and Ohio Rail
rosdscompsDy In esch Of the FIVE monlhs ending March