New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-11-07
SECOND BOARD.
THuRsDAY. Nov. %.

THURSDAY, Nov. 6-P. W.
The business al the Stock Board was enormous 20
day embracing about 3D. 600 shares at the Boards and
in the street. This amount has scarcely ii ever been
exceeded The par value of these stocks is four
and half millions of dollars. Notwithstanding this
large amount of stock put on the market the buoyancy
Of the last four days was more than sustained and
higher prices ruled until the Second Board when the
rapid advance brought out stock thar the
ket weuld take and some of the fancies reacted. At
the close of the Second Board, however, there was
more firmness, and disposition to buy, espe-
cialy on time. The bears put out a considerable
amount of contracts, but the bidding on buyers long
options was very active and at unusual differences
the cash price 1t appears TO be generally conceded
that what of the annual fall panic were TO have has
been experienced and that the sixty daypurchases
almost certain to pay profit. One of the strongest
elements of the market to-day the foreign news
per Canada, which was Unexpectedly favorable. The
advance In Consos ard the increase in the bullion Of
the Bank together with the unchanged rate of interest
taken indie alton that financial affairs
Stunning Il satisfactory and settled shape and that
fears of crisis in France had subisded The amount Of
the increase reported by telegraph having taken place
the bullion of the Bank Of England is doubtless an
nor but the fact of increase IL undOubted
This improved state Of affairs abroad gave great CONT
Gence to BUYERS for a rise and in stocks the
quotations are higher than before the fall Erie
improved to 81 6l., advance Of y T. cent on yes
terdays price, but closed firmly at COZ, after having
reached 10 COZ. Reading sold as high as -, buyer
thirty but at the close offered at III. rhis is an
advance Of y e cent since the close of business yes
terday. Our yesterdays statement of the resignation
Of Mr.. Tucker and The appointment OF Mr.. Cullen to
fill the vacancy is confirmed to-day by the Phllade-
pha morning papers. We hear that Mr.. Cullen has COM
menced his administration by abolshng the allowance
of dumpage coal and that this has caused great dis
satisfaction among the ooal-men. Another states shat
he has reduced the tolls an amount Just equal 10 the
dumpsge which would leave the cost of transportation
Just what it The tunnage of the week is reported
by telegraph at 81 900 tuns which is small Central
advanced to 81 with large sales, including
$50 shares at 81 seller xty days but at the Second
Board the market fell back to ST. which is + cent
improvement on yesterday. Panama advanced e
cent, selling at 90. Cumberland improved = cent,
and was in demand, with but little stock offered.
The movement in Western shares very strong,
with large disposition to buy on time. Nearly
every description Of stock improved-Mchigan
Southern l. & cent, and : e. cent since Monday,
but at the close it lower, and sold at sol. The
receipts for October have not been received in full.
but will be about $500 900. Michigan Central sold at
ga which is higher than before the recent depression
Pittsburgh improved to Ssh with unusually large sales
Galena advanced to ll0-an improvement OF e cent
since Monday. Toledo in active demand, but was
not pressed the market the closing price was 69t-
an improvement of / E cent. The October receipts
given below considered very favorable, and are
the largest ever taken in month. Illinois Central
was firm at llj!. Rock Island advanced to 92i,
seller sxty-an improvement OF . T. cent from
the lowest point. La Crosse has been the
most buoyant stock since the turn of the market
having advanced from 20 to 80 since Monday. The
purchases have been mostly by outsiders, and there
have been many bids on buyers option which could
not be filed In Railroad bonds the transactions are
moderate but the market Is very sroug. Illinois Cen
tral advanced Il = cent, selling at S9l. These hoods
are very scarce State stocks sold 10 the extent Of
$40 coo. at advancing prices. There bear sale
Of Mssouris at 81 l. seller four months while the cash
price was S9;.
The market for Exchange ia yet inactive for the Sat
urday steamer and the tendency of rates is downward
&aukers Sterling has been sold to-day at 81 T. cent,
and tie indications are that the maximum rate for
Saturday will be 9 E cent. First-class Bills Ladng
quite large. and the demand moderate. The tele-
graph sdvces from New Orleans are of large trans
actors in Cotton, which viii increase the supply.
Freehts are again a trife lower To Liverpool
40 COO bush Grain at \ 3D.. 1000 bbs. Flour at o..
500 bales Cotton at d. To London 900 BUSH Grain
at II allId; 1000 bbls. Flour at &c. ID. To Glas
gov. Flour 2s; 1900 bush Grain at I'D. in shippers
bags vessel Of $50 tuns was taken to load Moasses
at Franklin, La, for Richmond, Va. at & 30 under
deck, and & on deck.
The subTreasury loses largely to-day to the street
Tie business was Receipts $93,s95 3d. Payments
81, 0S5 "a; Balance, sl3, 5,5ij ~.
The business of the Clearinghouse was large
SCI ,sls,OO0.
In consequence of the heaviness Of exchange the
shipment of gold by the steamer on Saturday pro-
uises 70 be lees than was last week anticipated. We