New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-03-03
"WEDNESDAY. March ppm

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"WEDNESDAY March ppm
There is no improvement in the Stock mar
het The weak holders still disgorgng their stock,
and the downward tendency of quotations Is consdera
bIy assisted by the bodness OF the operators for fall
who are still ceiling freely The difficulty Of carrying
she fanoes in the present state of the money market
coues TO operate II has done for the last week or
two In oversuppying the market with Stocks AT the
Second Board the tendency w@ still downward, and
with some exceptions prices were lower. leading
house threw 1900 shares Nicaragua at the Second
Board, which knocked the market down to 80, a de-
chine of II q cent since yesterday. The legal opinion
alluded to a few days since appeared to-day, without
any signature in Of the morning papers. IL has
not made the slightest sensation in the street The
Rail- Dads have downward tendency, although Erie is
well sustained in view Of the condition Of the general
market The sales were 2 600 shares, closing at H,s
decline Of 4 y cent. Long Island was very heavy
opening at 81 and closing at 3ji. Harlem, Norwich
&C, were moderately steady, but Hudson River feI
of 1 y cent The fancy Coal Companies, with the
eeption of New Greek which improved l2Ic. y share,
were exceedingly depressed. Parker broke down TO
n; Cumberland went TO &c. and Phonix to 20l The
faith Of spectators in Coal fancies appears to be thor
ouehly shaken. Some of the Land Companies
exceptions to the general feature OF the market For
Canton 1914 bid further advance and los asked,
and for Carey l3I was bid and sales made after the
Board that Some wealthy operators have great
confidence In Cantsn aud willing and able to resist
the current Of the market and sustain IT, Jersey
Pine Is without important change, but quiet The pre-
MUM Stocks are In moderate request but generally
held with fnnness In Bonds there fair business
done, and prices well sustained Erie Second
Mortgages sold at 1Oe dividend which advance
n a m ID, tl,o dixi,a and
Stocks arc In demand and advancing partly for bank
ing purposes and partly 10 consequence of the author
y given the Secretary of the Treasury to purchase
them with surplus funds.
After the Second Board the market continued heavy
hut without further change
In Exchange there 10 no movement of inn
por,ance and quotations heavy at 9l6lo for first
class sterling bills, 9d9l for commercial signatures
The supply 10 in excess Of the demand.
Freights are not firm with Il moderate bust
ness doing To Liverpool 1000 bbls Flour 9 GAG 9,
10000 bush. Corn reported sd, 500 bbls. Resin 81.
1000 bales Cotton, not compressed, 3D. The Collius
steamer took Lard at 4o 900 tea. Beef SIC, &c.
Solid Cotton at 7.i6d To London 1000 or 1000 bbs.
Flour in foreign bottoms a, 992 lOl, $50 bbls spir
its part f6 800 bbs Resin private terms, 900 tea.
Beef5i6 To Glasgow, 5000 bush Grain DAD, Bacon
sac and 60 bales Cotton 5.l6d-s Swedish bark
taken up at 3 for Flour To Antwerp the Csihsrne
has hall her cargo engaged az lc for Cotton, 49 for
Tobacco, &C. for Coffee, and 80 for Ashes--besdes
the above we heard of % hhds Tobacco 4O coo bbls
Resin a. 400 bags Coffee lc and the bulk OF 800 bbls.
Honey 3sc. To Hamburg 500 bales Cotton &C.. and
30 tsus Measurement Goods 30 To Bremen IS hhds.
Tobacco and Stems e5i, and Is tuns Measurement
Goods - G. To Barbados 400 bbls Provisions, sc,
SOC. To California bark Of 400 tuns taken up at
NJ a Al
slowly -Four brigs and bark were taken up from
North side Cuba to New. York at 0a45c y 100 n and
s7Y hid for Sugar, and sass 80 for Molssses and
absrk from south side Cuba at ioc. for Sugar.
Thereceipts ofthe Erie Railroad for February
are in advance Of the estimate. The hsures
$685. 500 10
Incresce over 50 Y cent. .slO669S 81
The receipts of the Hudson River Railroad
are also large reaching In February over sl26Oo0
The amount received at the Sub Treasury is
sl7a25l Paid. Sci, $40; Balance, sS3Sls4
The books Of subscription to the Park Fire
Insurance Company will be opened at Broxdwsy Bank
onthe 7thinstsnt
The activity in the money market continues
and call loans At y cent. with fair supply Of capital
at that figure, large amount Of money is awsys
drawn into Wall st. by full rates of interest which
materially modhes the pressure The Banks We believe
are not drawing specie to day, but preparing for
Saturday Paper rather pressing on the market the
wants Of business being large and unless strictly
first class rs pressed with dkcuty at 3s per cent The
Banks throw out all offerings excepting from dealers
who have claims upon them which increases the mum
Der OF outside nesotaoas The drain Of specie toward
the South and West Is for the present suspended and
there 10 appearance Of return of portion Of /,
from the West
An advertisement in another column an
nounees the opening Of the books for subscription to
new Railroad called the Clyde and Soiss Bay a, the
Office Of Messrs w and John o'Brien, Wallet The
road connects Clyde, the Syracuse and Rochester
Roalroaa, with Soeus Bay. on Lake Ontario. II is IL
miles long and the capital stock is slSooo The vast
trade Of the Upper Lakes fed by Canals and Railroads,
poGrs from Lake Ere through the well&nd Canal into
Lake Ontario swelling the growing traffic with Canada
The Osxego Canal forms slnost the only outie from
the Lake Yet Sodus Bay 10 among the bes, hsrbsrs
on the whele southern shore Ten miles Of railroad
all that % required to eonncc, that haroor with tide
water Il Albany, and with New York via the Ere road
which hak viii be supplied BY the Clyde and SOdus
Bay read So promptly ws the enterprise spprecia-
seaby prscticsl men that responsible Railroad Com
pany has offered to lease the road with the superstract
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