New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-03-02
SECOND BOARD.


The Stock market continues heavy under
the activity in the Money market, but without any im.
portsut changes Theirs was some stesdness In tia
leading Stocks at tho Morning Board, but the quota
tons were heavy at the Second Board which closed
dull Erie was active the sales reaching 5000 shares
closing at s7l, decline Of since yesterday. Tho
business of February has been large. 1t s estimated
cutie 100000 sgsns, s9o4 900 in February last year
Tie Gaming. of January aud February are probably
S6O5OOO against s375OC0 In 1851 Hudson River wss
steady but Harlem was heavy. Reading was buoyant,
selling at 81 bu, closing at 9Oi The good understand
ING between this Road and the Schuy Companies and
the advance In tolls have a favorable influence Nor
wich was heavy. In the Coal Stocks there ts not
large business doing and the market Ia heavy Cum
berland is the most heavy and fell oil TO oii. The
Land Stocks are firm, but not active Canton sold az
1874, further advance Of p cent The shares WIZ
he exchanged one for four II il undsrstood. In tho
course Of week or two. Cary stands at about ID.
Morris Il quiet Nicaragua did not sustain the advance
OF Yesterday and closed heavy at 81 The attempt to
depross this Stock by the legal opinion which has been
circulating in the street for day two has been
successful. The inquiry for Premium Stocks was
moderate and quotations unchanged excepting sixth
avenue, which improved to 100. There Is fair bust
ness doing 10 Bonds and prices without important
change
The Exchange Market rs heavy and tho sup
ply OF bills good The leading bankers were drawing
sterling freely at 10 y cent, and large transactions
were made at % " cent Tho supply of Southern and
other commercial bills 10 better and very good names
sold at o. 09i v cent. Sterling at New Orleans is
quoted ut v cent, and sight exchange ON NewYork
par 10 discount so that 1t the market remains firm
here we shall probably have considerable supply
from that quarter At the latest dates the accurnula
ton Of produce had produced some strinsency in the
money market which IL believed would soon pro-
duce some activity sales and increase the supply u
exchange
Freghts are not active and rather heavy.
To Liverpool, 1900 or 1900 bbl'. Flour 20e2 10.
1000 or Is 900 bush. Grain 909!d Cotton 732otd.
The Collins steamer has 400 or 800 bbs. Beef Lard.
&c, M4i a4i6, and the Alps 800 bbls. Resin 3I6. To
London we hear Of no change and but little doing.
foreign vessel took cargo of Corn. 10000 bush, at
lOd Tor Belfast To Australia and California thsrs IL
not much doing
The Money market continues very active,
snd rstes Of interest paper are rather higher. On
call Y 4 freely paid on best stocks The Banks
are drawing specie every dsy, and some Of them are
calling la considerable amounts Of loans, beyinning
already 10 prepare for the call Of the Bank Depart
U.eDt. Ihs loans, however are fcpihctI ny yuFH5
capital which the advance in the rates u interest has
drawn into the street. Some Of the Stock operator,
md difficulty In finding what money they want At J
cent FIstelsss paper gees a, v cent and 4 favor
Ne and short, occasionally less Good one pap~
has been passed At 54g cent.
We regret that paragraph appeared IN The
Tr,LEns yesterday In the absence Of the person who
has charge department stating that the Delaware
and HEGson Canal Co. bad leaned their mines and
abandoned the mining Of coal. There no foundation
for the statement, which originated 10 an evening
paper The Delaware Co, Mining concern 10 Pesa-
syvsla has leased ia mines and shs gave rae TO the
rumor In regsrd TO the Delaware AMI Hudson Canal
Company.
The receipts at the Sub Treasury were small
to.dsy-sg7 O55 payments, eos $50; balance, sj2ss
2f2
The 100 tuns Copper advertised by the
North Carolina Copper Co.. cold at suction day
BY Mr.. Draper The sovel method Of dspssng OF
this Copper attracted considerable competition, and
believe ell the smelling wsrks in the country we're
represented The bidding was spirited, and the 100
eventually taken By the Revere Works, Bo.'"h, q
&C. ~ cent. equal to $50 per :rn, the ore being
sbou. % y cent Of Copper. This saie therefore, pro
dueed slsOco and The Copper has bees mined In The
ccurse Of two months at an expense OF about sl,DO
Such rssuI,s a. these prove that mining MAJ In this
country be inside a. profitable and legitimate An enter
| prize az il L. in England.
There are now twenty-five or tyenty-six OF
the CRY Banks which bare sdopsed the uneuTeof
money system IN the Metropolitan arrangement arc
the Metropolitan Bsnk, Grocer Bsak Ocean Bank
Market Bank, Nassau Bank, Shoe and Leafh1 DAM
| Mercantile Bank Rovery Esnk, Peoples b@aA no
| chsnics Bsnk, Pacific Bank Corn Lxen.nsr D,",
,,,. p,,k Ie.,b.r ssnus.cturers Bank. Trsdesnen's
p-,k Cop,;nr,,.l Bank, Psenix Bask. Bank Of sor'a
! -. :, Siclols. Bank Mechanics end Traders
p.nh Hanover Bank Commonwealth Bank; aai
- ,,e American Exchange Bank arrangement the
au,rie.p Exchange Bank Bank Of she Repable. Sew
r,.b w,rd f.pk cha,asa ssnk. Mos q ths re-