New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1852-02-06
SECOND BOARD.
THURSDAY, Feb. 5-P. N


THURSDAY, Feb. 5-P. NJ.
There was good deal Of speculative
action at the Stock Board to-day, and general
buoyant feeling was evnced. AS for some time
pas, Reading was the favonte stock, and large
transactions were made, especially at the Second
Board when 36C0 shares were sold, making, for
the day over 1000 shares. Philadelphia is large
buyer and the stock on the books here is only 1000
shares, agains. 2s 600 week ago. The market
closed al &C. an advance OF Il y cent and we heard
that a sale of 1000 shares was made after the
Second Board at that price Erie was also much
better to-day, and active, there having been nearly
1900 shares sold at the Second Board closing at 49,
an improvement ofli p cent The receipts OF Feb
uaIy thus far, indicate very large business Tor
Reading have begun to take IN their shorts Tine
The month and the bears in this stock we'll as in
securities Of Erie are firm, and will probably sym
natbize with the stock as il advances The two issues
of Conyertibles are now at the same quotation
although the ne issue has y cent. interest accu-
mulated. Norwich is steady at 5l}. The receipts
for January will show falling off of about $4,000,
in consequence Of the interruption OF travel by ice
in the Sound A portion Of this amount will be re-
gained from freight traffic In this month stonlng-
ton suffers about the same amount from the same
cause. DeldWdlc as steduy 10 nihSi
Hudson River sold at IS; Canton continues to adj
vance, and closed at ~ New Jersey Mining was
firm al slI So 1t should be observed that this stock
and Sussex are not sold per cent, as nearly all tn
other stocks called at the Board but at so many
dollars per share. The par value of both stocks is
$l2 50. For Government and State Stocks the de-
rnand is fair, and quotations firm. Bank Stocks
are improving.
There is moderate business doing in
Exchanges, bui the market is firm. Sterling is 100
10! Tor leading signatures Francs 5.l5G5.l2i.
Freights are steady but quiet. Small
engagements Flour at l2i Cotton, 53203-l0i ;
Dead Weight I2s 6i6Il5s. To Havre, the packet
of the 10th is nearly full at c for Cotton. To Rot
erdam, 300 or 400 bales Cotton at ll-l6d, and some
Resin at 2s Cd To California there is fair bust
ness doing at 100000.
The abundance of money continues, and
short class paper goes at Cal y cent; loagor
dates vary fIom to 10 ~ cent The Banks are taking
paper freely. On call the supply is abundant AZ
cal y cent, and frequently p cent. is taken
There is, however, very general Impression that
after February the demand for money will be much
more active, and the rates will advance.
The Stuyvesant Insurance Co. has de-
clared a semi. annual dividend ot5 y cent payable
on the l4.h inst
A new Insurance Company has been
formed in this City, to he called the Building As.
ISOLATION Insurance Co." Some of our leading cli-
zens are among the stockholders
The advices by the Niagara are decided
ly favorable for Breadstuif and Cotton There had
been an important advance in Indian Corn. or
Cotton the sales had been large and the marke!
closed with frmness The advices by the Hum
boldt speak of a decline of y cent. in Consos an
der various false rumors but at the close the mar
ket was recovering. The French funds we're also
| declining.
There will be about half million Of
coin shipped by the steamer on Saturday. She will
also take considerable amount OF Stocks and
Railroad Bonds. The orders from the Continent for
frat class Bonds are to an important extent The
circulars of the banking and foreiga commission
houses here have widely disseminated information
in regard to the Securities of our various railroads
and there is good deal of confidence felt abroad
in those of trunkroads, roads which command the
! great currents OF travel
The New-York Fire and Marine Insur-
snce Company has declared dividend OF 10 p cent
| The City Bank Of Brooklyn semi-annual one OF
81 p cent.
An attempt is being made in the Pennsyl-
vanis Legislature to permi, the circulation of the
small notes of Banks OF other States.
We understand that arrangements are
being made al Spring field Illinois, for the establish
ment OF four or ave Banks in various parts OF that
State under the new Free Banking Law. The law
is considered good one, and the safety OF the oil
holders appears to be we'll cared for Is relation to
the details OF the law the Auditor of STATE furnishes
the following information 70 Taompsoa's B9ak Y1is
Reporter: AUDITORS OFFICE, ILLINOIS,
SPRiNoEiELD, Jan. u, 1882.
[ j. THOMPSON. New.Yofk.
Sir: Your communication soliciting answers 10
certain questions relative 10 the Banking OF this
State has been received, and IN replying thereto
State your questions, and give ans Sers as follows:
Qass LIST. Will be required that an Ia 'iul4A u
/ Banker have any specified amount OF capisalr'
Ans. Isl. The Law makes no distinction between
fHgar'da. Baksrs and Associations. and sYeclfsd
amount OF specie capital Is required.
QGss "a - VIII De required that ne be aresl5ent
of ,our State -
Ans "a DO not find anything in the Law requxing
that Bar kers shall reside IN the State.
VHss, u " =" hat amount OF stocks must he deposit
70 commence receiving circulating notes"
Ana 80. Not less than City thousand dollars
Qgss Ara. "Will such circulating notes reqalre the
signature OF beth President ami Cashier 2"
=, Ans, ga. Sec IL requires the signature of bJsh
/ Cues. 5th. How much specie does the as,eorirs
to be Kept by tie Bank the GOO 0! ere aoai
or what per centage
Aas 5th The law does no. require any soa>iasi
amount
QEss 6th. III circulating notes should De protest.
cd, must the holder deposit them wiIh the Auiiter
before you notify the Banker sad hon long an shs
holder retain such protested notes out OF tns hands
Of the Auditor, AMI draw l2i y cens. INTEREST,""
Ans sth. AN Of the oolBloa n the Ia " does n,,
require the Io'es TO be deposited WITH the Aliiar