New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-11-10
SECOND BOARD.
THURSDAY. Nov. 9-P.M.

There was large business at the First Board, with
still further decline in prices The desire to sell almost
approached panic and the bears felt much encour-
aged At the Second Board the low prices brought
in orders and the market improved somewhat, clos
ing, however, with a downward tendency. Ede
closed at 4Ol, a decline Of II y cent. Reading
7oI, n decline Of y cent. Central 93l, de-
cline Of 4 y cent. Cumberland fell off /, Nicara-
qua }, Hudson River !. Harlem was EST, sc. Nor
witch went to 49, In the Western Roads there
were but few transactions, and prices were heavy.
Illinois Central Railroad, under the pressure Of
sopples fell off to est, with sales eco 600. The
holders of these bonds having instaments to pay on
bonds and stocks obliged to sacrifice their bonds,
for which there is demand. Oiher bonds are
heavy but without important change. Erie Incomes,
900; Second Mortgage, 94I; New York Central, "a;
Chicago and Rock Island, s7i. There lie fair in
vestment demand for Virginia, and $500 sold at
81; Kentucky, 1903; Indiana SIS sold at s2, which is
better. II is stated that MessIs. Ellis & Sturges Of
Cincinnati, have among their assets million of vir
giDia stocks about half of which are in Indiana banks
owned by them.
Exchange is quiet but steady at sa9i for Sterling
5.l5a5l2i for Francs The business for the steamer
has not opened to any extent
Fregbts are heavy. To Liverpool, $4,000 bush.
Grain, I'D, including 500 bush. Wheat; the first
shipment for many weeks.
The amount received at the Sub. Treasury to-day
was $50 eO7; pao ST. OPS; balance, 1904 3n. The
Exchanges at the Clearing House were sls,oi6,OOO.
The steamer from Boston took s3s6, 257 10 Ameri-
gold and eel 900 in sovereigns. II is yet doubtful
how much will be shipped on Saturday, the amount
depending somewhat upon obtaining bars from the
Assay Office for the gold by the North Star. The
Assay Office to accommodate the deposiiors, will be
open tomorrow at A. NJ, and payments Of deposits
will be made on Saturday morning. The North Star
brings the semi-monthly remittance Of OIL 600, Of
which e6l7 900 comes TO Dunes an, Sherman & Co. Au-
o'her steamer, via San Juan to follow in week.
but for which the amount by the North Star would
have undoubtedly reached the usual semmonthly
amount Of two millions and upward. The amount
on the Yankee Blade is vaiiously stated in the Cal
ifornia papers at el53 900 to e213 900. Capt Ran
DALI at the latest accounts, st the wreck, endeav
oring to raise the gold The treasure sl53,OO ship
ped by Page, Bacon & Co. on the Yankee Blade, was
injured at eli per ounce so that the house will lose
only $4,000 by the accident
The commercial accounts from San Francisco are
rather more favorable Than by the previous steamer
There had been some revival of demand for merchan-
rivals from the Atlantic ports had been the ship
Golden Star, from New-York; ship Mary Robinson,
from Boston; and chip Golden West, from Philsde-
phia The schy. Bay State, from New-York, hal
been out 3ll days, and not yet arrived. The disclo
sure fthe immense frauds of Henry Meigys, nearly
equaling in amount the Schuyler, had created pro-
found sensation.
The Yankee Blade belonged to the Nicaragua Com
paDy although she had not yet been placed in that
line. She was recently purchased OF Com. Wander
bilt. She IT, we understand insured for large por-
ton of her value.
The proposition Of the Hudson River Railroad
Company to the holders of the Convertible Bonds is
az follows:
"TFRMs AID CoSDITIoSs-The holders of Con-
vertibe Bonds of this Company offered the priv-
lege of exchaDs ing such Convertible Bonds for Mort
gage Bonds to bear date Nov. !, 1884, and payable
Msy l, 1873, with y cent. Interest coupons at
tsched, ysble May and Nov. l. to be issued under
the above mentioned mortgage, on their subs ,rbing
to the new loan in the proportion OF oue new bond for
every two they hold al $500 for bonds of 81 ooo pay
able as follows:
ss:R cent ,sso p bond on Subscribing,
q z cent $40 Z bosel on or before Nov 10
Sc y cent $3.50 b bond On OF before Jan 10
Interest will be allowed from the day Of payment,
and Will be adjusted payment Of the last install
men or subscribers may, If they dessse, pay in fail.
There have been but few dispatches received from
CINCINNATI to-day, and no new faluFe had taken
p'aee-the excitement appearing to have measurably
eoosoed Later sdvices than those received last
light state that NJ. Ellis is not deed bu, IA believed
10 be dying is stated that all the suspended houses
have made assignments, bnt this is doubtful kessrs
Els s'urges have made an assignment of their
bils receivable and fund.- in the Cincinnati oi5ce.
Several Of the drafts on their New-Ysrk house, drawn
by Western correspondents, have been paid here |
today, for the honor of the drawers BY other pute.
IN Wallst., and we understand an Goodman & Co :.
drafts on their correspondent here are promptly paid
Il is expected that Goodman & Co. and Morton a
20. viii be able to resume in few days, after the
excitement has passed away. The excitement Of ye,
erdsy sppsars to have taken more the character Of
riot than panic. Moss Of the funds drawn oct Of