New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-06-22
THURSDAY, June 21-P. VI.

lHuHS1Af, June XII. III.
There was very greet excitement at the Stock Board
this morning. and the business transacted was larger
according TO the opinion of some of the Oldest men,
beers, than ever before in day The first call was
not over until quarter to O'Clock, and the second
call was dispensed with in consequence of the lateness
of the hour. The sales of the day were about
$500 Geo of bonds and 35 900 shares various stocks.
considerable portion of the sales at the Board, in
consequence of the confusion, not given in the
printed Stock list We know of 5000 shares Erie
alone sold in this way Add to this business 100000
bonds Sold at auction and 81 250, 600 sold at Albany
and the transactions of the day reach point of con-
siderable importance. The market rather irregular
in prices Some OF the sound Stocks which have adj
vanced very rapidly within week or two met With
material reaction, while some OF the Stocks which
have been heretofore neglected were active and
buoyant The outside movement is very strong
in consequence of the accumulation Of money in the
hands of business men, and such movement is very
essential to the sustaining of the Stock market Ex
perience has proved that outside s culators gener
ally operate for rise, and will buy long as the
market continues to advance and hold with great
tenacty. With street operators this is not the rule
They operate frequently for fall for rise, and
generally sell out or buy in at small profit. Ii is
generally admitted that Stocks in the early part OF the
year were unduly depressed, sound Stocks sympa-
thzing measurably with the fancies, and that
the present advance although in some cases large is
not so unfounded as it otherwise would be. The
bears then in the ascendant, much Of the fall
was due simply to their operations. The market has
been taken entirely out of their hands, and and
10 = cent stocks assuming position more con-
sonant with their intrinsic values. The market for
Central strong in the morning. going to 1921. 1t
aerward fell off to lO2, but after the Second Board
again sold at 1921, advance off 2 cent since yes
terday. II is currently rumored that there pros
poets of an amcabe Encouragement of traffic matters
between the Erie and this Road Erie opened at 81,
but with fluctuations closed at 72i an advance
of 2 cent. Reading closed at 80, having
been s2i. Hudson River and Harlem were
frp In the Western Shares there was decline of
TO q cent, with some exceptions. The rapid ed
dance of tie last few days has brought parties to
realize profits. Panama fell off, probably in conse-
quence of the tone of the reports to the Pacific Steam
ship Company yesterday it closed at lo5l. Michi-
gan Central advanced to l05-an improvement off, =
cent Cumberland was unusually active and huoyant
to-day; tie sales were some 200 shares the market
going from 30 to 81 at which 500 shares sold at
the close, after the Second Board. A party ap-
pears to have taken bold Of this stock and 40 is pre-
diced for it. Canton is also active aud closed at
2s-an advance of cent Baltimore is gradually
absorbing this stock. Nicaragua firm for the
reason which made Panama heavy. Ohio Trust sold at
lo2 Penn. Coal ll3. In Railroad Bonds the business
was large without much change in prices. Illinois
Central were rather heavy and sold downto s3i, clos
irg ats4. bear sale was made at So, seller 80, and
s2i, same tine, aferward bid A Chicago paper
states tkat party had arrived there prepared to by
100000 acres Illinois Central lands and pay for then
in the bonds Of the Company large order for these
bonds cane forward by telegraph from Halifax, but
was limited too low for execution Fries 1875 cold at
slsaSo. The order for $4,000 for the June sink.
ing fund has been given. Fries ISL sold at 81 New
York Cen,rals, 1921. .Terre Hau.e and Alton, 80. |
Goshen Iine IS. &c. In State Stocks there was not
very large business, but rates are wei sustained
In Exchange the market is quiet at previous rates.
Sterling is 81 9ioi y cent; Francs l545l9I. The
steamer on Saturday is lot one of the regular Havre
boats, and there will not probably be much done by
Der.
In Freights We hear Of to Liverpool, 1000 bales of
Cotton ., s3ad. aa-l6d. No Corn shipments. To
London, $50 tuns Oil Cabs, Isl p tun; and 1900