New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-06-20
SECOND BOARD.
TUESDAY, June l9-P. NJ.

TUESDAY, June ls-P. NJ.
The speculative activity in the Stock market con-
fnues with large business in the leading Stocks at
advancing prices. The largest advance has been in
the shares of the Western Railroad but nearly all the
Stocks on the list have felt the upward impetus. As
yet Canton, Cumberland and Nicaragua have at
traeied less of the attention Of operators during the
late rise than the other heretofore active Stocks but
it has usually been the when the Stock market il
speculative and rising that the various Stocks ad
vanced by turns, one being moved upward to 10 y
cent when the attention of the Board appears to
be drawn off to other descriptions which have not
started. After the present movement has been meas
uraby exhausted presume the at present neglected
descriptions will be taken up, as is the case with
Cleveland and Pittsburgh which after having dragged
at about 3 has suddenly in few days advan sed to IS
bid The principal excitement of the day has been ia
Central which, sprung into considerable activity.
The sales at the Board and outside were 1850
shares, not including $500 shares sold
at auction. Under these large sales the market
advanced to 1909, closing at 1901, an advance of II
= cent since yesterday. II supposed the large
amount Of Stocks thrown on the market at auction
would depress prices, but the result the reverse,
the auction sale being higher than the Board rates.
Il is understood that the Directors will declare
dividend Of 4 2 cent in cash. The June business
thus far is quite equal to the enormous business of
May. Erie also buoyant, and closed at 5Ol bid,
advance of y cent. Reading advanced l p
cent closing at 81, notwithstanding the current
ports that the leading bulls in the late movement
have teen and selling out The Infection has
been taken by II idson River, which advanced p
2 cent. Harlem sold at 800, an improvement of ! =
cent. The largest advaBce, however, some
IL.
went to 10 bid which is = per cent better Ceve-
land and Pittsburg advanced a 2 cent. Michigan
Southern at the Board at l07i and privately at O9i0
10, which is 4 y cent advance-partly the result
OF the declaration off cent cash dividend. Chicago
and Rock Island advanced to 90, which is g cent
better Little Miami sold at par. Cleveland and
Toledo, 81 bid, q e cent advance Michigan Central
1909, &c. In Railroad Bonds the movement continues
to be strong the action being mainly confined to the
Illinois Central, of which the sales were over 100000
Construction Bonds advanced TO si bid and Freeand
to go. n. Y. Central sold at sOi x lO2. Erie 1875
Oh; Hudson River Sd Mortgage, 76i; Fries, ISL,
Ssh, &C.; Terre Haute and Alton LIST Mortgage, s7I,
and p cents SIS. In State Stocks the transactions
100000 at full prices. Indiana S. IS; Tennes
Sees 9s; virgiNas 1901; Missouri 6 97l; Louisiana
is, s3i sale Of $4,000 United States 6s. 1867 was
made at ll6. In Exchanges the market closed with
out much change. Sterling, 81 1.-THE bulk of the
business being at 10 2 cent, with some sales of a
bankers signature at 81. There larger supply
OF commercial bills on the market, and sales with
bills ladng attached were made at 81 cent Francs
5.l5d5l2I.
Freights continue firm though the offerings are still
light. To Liverpool, engagements include $4,000
busi els Corn at 81 Cd in ships bags 200 bbls Oil,
17i6 500 bales Cotton, $50 3-l6d.; 10 bales Sea
Island Cotton, Sled; and to London 800 bales To-
bacco aboutl4i.
Tie payments az the Sub-Treasury are s26.942;
received $40 lO5 balance 81 1924 $685. paid from Assay
Office sl,27l paid on disbursing checks s2a, e34.
Tie sale ofNew-York Central Securities for account
of the Trustees Of the Utica and Schenectady Rail-
ROAD Company by Mr. Draper, attracted very large
company, and nearly the whole Board of Directors
Of the Central Road were present. We have seldom
seen the representatives of so much solid capital
gathered together at auction sale IL this City. The
sale embraced 2,si3 shares Stock and s2l7 200 of |
Bonds The bidding was very spirited and the sale |
went of at least e cent above the expectations of
the parties Offering the Stock. The shares all sold at
e9 aloos, and the Bonds at s6 s7 and interest for
the Subscription, and lOl and interest for the Con
vertible. OF the shares Mr.. A. G. Jerome bought
2,3oo for party of capitalists FOR investment and Mr.
Tlayer OF Boston took 54s, the balance Mr.. Draper
also sold:
si7et l. Ehe, wahah ST. Louis R r. Is, mort int Ad ISL
lCtt y v CeoirA Railroad Rea Este 6s int atdcd 81
bfCo Memphis City s. interest adGed............. 50
The following sales were made at auction by A. III.
Nico!ay:
50 &C Y snd Harlem r. r. s mortgase ia;ees. added 20
5tC feis sEd IrciAnap T. r. mort Interest sided Tsi
Ot kort WAYNE ard Southern T. X. Real Estate aa 81
q
~ SHARES lumber and Coal Com ............ Isl
lu shares Farmers and Ci1ers Bank Of Lons Island 50
q shsrts "a FtIee Insurance Company ......... 20
e shares Lenox ftre Insurance COInyGny....... sii
shares htiekerboeksr lee Company .............O0
Mr.. Nicoay sold at auction this me- ming about 500
shares of the capital stock of the Gold Hill Nininy
Company forfeited for non payment of an assessment
of 70 cents per share levied thereon. They brought
n cents to 81 per share subject to said assessment
At the recent meeting Of the stockholders of the
Tere Hsuie and Alton Railroad Company held at
Alton, the following persons were elected Directors:
Since Ryder and Robert Smith, Alton, ILL.,; Thomas
Allen, ST. Louis, Mo-; Hiram Ssndiord p. C. Higgins
and J. w. Moulton, Illinois; Charles Graf, Tere