New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1855-11-17
SECOND BOARD.
FRIDAY, Nov. 16-P. NJ

The market was rampant TO day with enor nous
transactions especially in Erie of whioh over 10000
shares were sold, days business seldom if ever e1
ceeded. The bulls swept the market Of everything
offered, and the shorts also bought in considerable
quantities ofstocks. The general market advanced
to 3 T. cent. At the close and after the second
board there wss @ reaction from the buoysncy OF the
morning, which, however, mainly touched Erie,
which was, with small exceptions, the only stock
dealt in. After advancing in the morning from 52i to
53, Erie fell back to 5l2, and finally cosed at SCI,
which is about the price of yesterday. purchase Of
925 shares YVES made for England The October
receipts it will be seen below were e6O3, OOO showing
a gain Of s6i,l20 on last year. private sale of
1000 shares is reported to have been made yesterday
by Of the bull party, but no one appears to know
the particulars. The operators for a rise express
Themselves very confident Of afurther advance. Cash
sto is considerably enty than it wa. Reading
advanced Il q cent touching ri, but closing heavy.
Panama advanced to 1881. All the Western shares
we're in demand at advanced prices Cleveland
and Toledo adeanced most rapidly, selling a.
20 but cositg at 75l, an Improvement OF
O. y cent? Cbi,ago and Rock Island advanced TO
81; chigan Central and Michigan Southern wee
little better For Galena and Chicago 100 was bid.
The earnings Of November, thus far have been very
large and the surplus on hand, Low applicableto
dividend is estimated at less than Is = cent, which
will be increased by lst Feb, the dividend period, to
from 90 TO 25 y cent. The tew stock being 10 T.
ce1t on the present amount will not be Issued until
after the February dividend. If these figures are cor
rect the stock is cheaper at 100 than most of tie
other railroads on the list, which are selling
below par. Cleveland aud Pittsburgh sold Of CO at
Al, L,&n Aba otxn NJ md
buyer sixty was bid. The receipts for October were
So, 5O0-some so T. cent increase over last year.
Cumberland was T. cent better, and active. Near
aqua improved y cent. In railroad bonds the sales
were $780, 900. There is a much better feeling III
these securities and they are again available for loans
sales Illinois Central was firm at 70. Eries 1875,
ss2; 1871, 7s2. Tene Haute and Alton So, 49, Goshen
Line, s2i. private sale Of 100000 Of Goshen
bonds was made for investment at 81. These
bonds are as good as any of the Michigan
Southern and Northern Indiana bonds being first
mortgage on l34 miles Of trunk road, which has cost
double the amount land convertible into the Sink
ing Fund bonds of the Michigan Southern road.
They have the security Of road which hiss been one
Of the most successful of the Western roads, and paid
regular 10 y cent dividends. State stocks are not
active.
The business in sterling for the steamer Arago has
been moderate, and rates are down about & cent
both for sterling and francs. Sterling is quoted at
7as cent, with some psrtes asking 81 cent with
ont sales Some produce bills have been sold even
lower than = cent Francs are S.e7i a 5.ssl' anu
the sales reach considerable amount. The supply
Of bills is large, both from the South and home draw
ts.
Freici Encouragement TO Liverpool Of 900 bbls.
-four e. 10 2s. lOld.; O,OO0 bush. grain, 3D.
sd. in bulk and ships bags; 800 bsles cotton, ID
FOR compressed and ID. for sea island and 500 bbl'
Rosin, S. cd. To London, 5000 bbs. Hour snd 500
co. oiLc.ke, As. To Havre cotton lc., grain CSC.
Thebusiness ofthe Sub treasury was: Paid, $50 s9i;
received Sln,i7l; bslance, s6,s97.577; paid for
Assay office, sls4672; paid on discussing checks
S65,522.
The earrings OF The E!ie railroad for
October, lSH'''..'''. SSos ~