New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-11-12


THE market for the leading Fancies was az
live this morning. with general buoyency which con-
timed 10 the close At the Second Board however In
consequence of decline Of y cent In Nicaragua,
the whole market closed with heavy feeling There
was rurnor in the street that Mr. Snow, the Acting
President Of the Transit Co. about to resign which
was given az the reason for the fall but we could not
ASCERTAIN the runor had any foundation in fact The
sales of Harlem we're very large 400 shares ana inc
market was well sustained under them Three trahsa
day are now run this Road for Albany, ana VIII d.
vide the through business this winter with the Hudson
River Road Erie was in fair demand and improved
40 cent The street rumor is that the Company will
earn y cent this current six months and DIVIDE v
cent Canton improved to 80. In Long leland the up
ward movement continues almost unopposed 1t
touched 40 with bear sales during the day however OF
3O shares Mt &C. seller 70 months. Norwich and son-
ington are without important change heading was
well held Morris coscd at yesterday price. new
land stock-the Cary Improvement Co.-from Boston
wss introduced at the Stock Board today and sold at
lOl91OI The par is TO- The lands OF this Company
are situated between Chelsea and East Boston, and are
within two miles Of Safest The Eastern Railroad and
the Junction Railroad have depOts on the Companys
ianda. The Company have cash capital paid up oil
alOOOO which ia TO be devoted TO the improvement OF
the property opening streets &C. so that there Is no
necessity for forcing sales of the lands for that purpose
Tie lots can be held by the Company until they sppre-
ciste by the natural growth Of the population. The
Coal Stocks were firm but lot active. Premium
Stocks were in demand at full rates. Michigan South.
ern sold at lbs dl2sl Central, lllt0lll Rochester
aud Syracuse, 1915 Utica and Schenectady, l42; Al
bany and Schenectady, 1891 bid. Madison, l0s3 bid
Federal Stoke were in demand and Skies, 1857,
0Ooo n shaving M i'm
provemeni The Bond market firm. Erie Con
vertibIes with sales $4,000 went 10 100 again Long
Island Bonds fympahized with the Stock and sold at
&c an advance of IA ~ cent within two or three weeks
Asnle of nm Atlantic aud Pacific Canal Right was made
OF $3.50 further improvement
I'm Exchange, the market is not active for
the steamer The bankers ask 10i for Sterling, but
leading house IL drawing at lot. The range IL 9@lOt
for good and frstclass bills The immense business IN
Cotton at the South IL adding TO our supply OF bills,
while large aggregate amount OF securities are going
forward from this market in addition to the produce
shipments, which are free There would appear TO be
no prospect Of an important lack Of bills FOR the next
few months.
Freights are firm, but not very active. The
short supply of brcadstus prevents large shipments
To Liverpool Flour is q asked Grain I'd, with en-
gagcmonis 10000 OF 1900 bush Cotton Id, with
engagements 1000 bales. The steamer has 3o,OOO 10
whnohone at Sol Apples, 81 Flour, q To London
1900 b5ls Oil Cake and an entire cargo at STD Tor
Wheat and 2l9 for Flour. To Havre, Cotton &c. A
ship was taken up to load Cotton at Savannah, Tor
Havre at lie. y H. and another for Liverpool at ID
To California the engagements are at previous prices
The amount received at the Sub-rrevsury
was s53,a67 paid, sS4ssl; balance sSso6,7l2.
The supply of Money seeking employment is
large and rates of interest tend downward. On CALL
loans are making at " cent on good collaerals, and
on Government and State Stocks t04l " cent.
large amount was offered at 60 days on Federal Stocks,
at A y cent Firetclass short paper is in moderate
supply and the Bank offerings not sufficient to eb'
sorb their receipts The range in the street is 506
cent for favorite names The leading banking houses
have large balances unemployed.
We hear of several new Banks in process of
formation Among the best is the Corn Exchange
Bank" which as will be seen, has very strong Board
of Directors; j. b, Hcrrck, J. l.. Buckley. Daniel
BURNETT, I. c. Durant, Efingham Townshend Alex
H. Grant Stephen Brush, T. B. Litchheld, w ii. Pow
ell N IL Wolfe, j b. Wilson, VIM. NJ Lummis, N. T.
Hubbard, David Bows. Mr.. Wolfe lie talked of for
President of this Bank We hear also of another to be
called the Equitable Bank" of which Mr. James
Harper il Is rumored will be President Another still
IL called the Miners Bank" and is to be the financial
agent of the leading Mining Companies OF Lake Superior
and this vicinity. The scheme is in the hands OF gen
tlemen of wealth and respectabili,y, connected with
the older and best developed Mining enterprises.
We hear of sales of about $4,000 tuns OF
English rails for various roads in the West including
45c0 tuns for the Junction Road, being sufficient TO
complete the ironing of that road from Ssndusky to
Toledo at which latter point the Southern Michigan
Road comes in These sales of rails were AZ prices
equal to $50 or 500, laid down here.
Ii is rumored that negotiations are going on,
with strong prospects OF success for the adherence of
all OF nearly all the City Banks including the wslls
Banks to the Metropolitan system Of receiving incur
rent money on deposte.
The news from England by the Humboldt
and Canada produced considerable excitement
Change and holders Of brcads;ufs advanced their
views rs y hbl ON Flour and or y bush. on Wheat
Cotton also received an impulse and was held &c.
higher The sales in Liverpool the last day, 5000
baes were enormous. The aiyices are very favorable
for Cotton and Breadstus showing much activity and
haoyancy.
The English funds were firm a; 1901, Money was
very easy The French funds were heavy. The Queen
has issued proclamation to limit the tender OF British
.ilver coins in he colonies of Australia NowZesland
xauritw and HoOg Kong to 4Oi. The London market
o silver remains firm AZ the late advance the demand
Presen, prices thus reported by hessrs
lhsrps and wilkins: Bar god, no y o.. standard
ar silver. 5lli y o. standard do holding grs gold.
IA y or standard; dollars, ilili y o. 7ks Loados
inns says that Is authorized to state that besides
,uch larger amount of silver coin, more thsp three
lons of pieces Of oliver CON- 10 the value OF up
ard of have been issued from the Mint to the
,blc, through the Bank, since the commencement OF