New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-12-04
SECONp hOARp
WEDNESDAY, Dee. 9P. NJ

There an active and strong feeling 81 the Morn
ing Board and the bulls spear 10 have iu possession
Of The market. The bears appear to be more es-
peciay suffering in Rock leland and NeS-iork 0en-
tral but hearty tie whole list, which was mneh over
sold during the decline Of iast month, Is day oy day
absorbing the then profits of the sellers &r aee.ne'
IL is remarkable idiosy ncrasy Of the c'n'i''en'
besr that he sells short just as freely a"er
fan of 10 or Is 4 cslt rs at the begin
ming. The aggregate sales of the day feacn
including some private ttans actions and snes l"
street 40 600 Shares Of Railroad Stocks. oae OF
two comfortable purchases Including one oil %,-o'
Shares Erie, made privately between the boards
At the Second Board the Market was tame on ID"
first cah but afterwsrd active and bnoysn'
with large purchases based upon rumor that the
foreign news was favorable, and was in possessiou
Of party in the street. the truth Of which is eN
tremely doubtful. Erie was bought up - oiii
Oen.rsl to 81; Reading to s3!; Toledo to 'os &c
Some o Shares of Stocks changed hands "nlch
not the registered sales of the Second DO iro
Hudson River. a stock which has been much neg
lected of late took a start to-day and improved y
cent closing at 30l. The sales were larger th"n iof
months past. Erie shows advance OF 1 g cent
Reading, y cent; Central y cent; Panama.
cent; Pacific Steamship, y cent, &c. The business
il Western Shares continues fairly active, and the ten
dency is upward The street is very short of Rock
Island. the purchases TO cover which cause 1t TO
rise without any combination to make corner. Inc
cnrreLt earnings Of the road are sufhcenuy 'afge
to su.tsin a higher market value han has averaged
for the last year. and TO both these causes IN account
ING for the recent rise must be added the anticipation
Of An extra dividend during the month of large por-
ton Of the surplus earnings Of the road, whicl no"
amount to some 20 q cent. meeting of the Direc-
tors to be held within week or two to consider ths
matter. The convertible clause Of the bonds OF TINS
Company becomes operative on the 10Th January ana
as the intention to convert after the payment OF the
coupons due that day is very evident the Company
wiprobably divide the surplus among The
to whom belongs before the bondholderi can come IN
to share it. We give below statement Of the net
earnings for the quarter, showing profit of u q cent
for three months. Galena was buoy ant and sold as
high as 100, advance Of l = cent We hear
nothing further in regard to the dividend, but 1t ap-
pears to be generally assumed that it will be cent
cash and IL y cent stock. Pittsburgh was firm
ct 50. The November receipts are estimated at
something over 100000. The Wheeling extea-
sion is completed within five miles. Michigan
Southern sold at 80, but closed at s9i.
Toledo was active the sales being nearly 10000
shares. After selling high 7ji 1t fell back to 75i,
then reacted and closed firmly at 75i. The receipts
for the fourth week Of November were about go 600,
against $2l 900 last year. Milwaukee and Mississippi
advanced to 79I &c. In Raro sd Bonds the business
YVES manly confined to Illinois Central, which was
buoyant and sold at 9li a9li. Tene Haute and Alton
I'd Mortgage sold at 7S2; Huds son River 3d. SO, &c.
The business in State Stocks active. About
$50, eco Tennessee 6s sold at 9l3; Virginas 9ii;
California Is advanced 10 7Sl, which is y cent ad
vance snce the arrival of the funds for the paymen
of the January interest.
The market is heavy for Exchange, with good
supply Of bills. First Glass sterling is nominaly per
cent but can be bought at 81 per cent. France are
5.23s $50.
Freights are lower. The engagements to Liverpool
are 100 bbls Flour at g.. $4,000 BUSH Graia at a
a.d., in bulk and bags; l. 200 bales Cotton at 3l6a
7 3d.. Heavy Goods at 70 25s 400 bbls. Rosln at
cs 3d. 800 boxes Cheese at 27s. 3D.. Bacon at 25s.;
co iuns Fustic at lss 60 tuns Logwood at 25s. 100
tuns Salipetre at 20. To LondOn-25OO bbs. Flour at
2s lOId. 1885,. 5000 bush. Grain at lOl a lid Heavy
Goods at 27s I'd &c. Cd. OIL Cake at 27s. I'd. a 3Os
80 tuns Sapeter at $751; 200 boxes and 500 bales Ba-
con at 3Os 3s 3D. 500 kegs Lard at 52s 3D.; Cheese
at Gs.; 50 ties. Rice at 3s. To Glasgow-i,oV Dds
Flour at 2s 3D. Grain at 10 II d., and Heavy Goods
,US
Henry, and brig l. w. Sawyer were chartered Tor
traffic between here and the West Indies, for six and
eight months on terms made public To Marseilles
10 GOO gslons Rum at &c. gallon; 900 bbls. Flour
at 9Oc and 800 bbls Beef at Il -. To Havre-Floar
at &c., and Wheat at 20c. Two three ships more
have been engaged to load Guano at the Chnchas to
Europe at GA to Great Britain and "a 5s. to France
n schooner Of 100 tuns to 81. Crox, s.. Thomas, ard
back, about 81 200.
The business of the Sub-Treasury was: Recei PTS
1919 O29 16. including SO 900 in silver from the Mint
at Philadelphia for the purchase Of silver bullion
Payments, $l37, 929 "a; Balance, sl2, GA II.
In 1859 a company was formed composed of citizens
Of Michigan and Wisconsin to construct railroad lead
ing from Detroit via Pere Marquette River in that
Point with branch to Iron Bay, and also to Onona
CON. upon Lake Superior II is conpored exclusively
of citizens of the two States, and numbers
two hundred members. II is designed to N IKE the
measure. az far as is practicable if not exclusively
local measure with the belief that those sections OF the
country iu ediatey interested have, when once CON-
bined the mt ans and the wish to construct and own
tie wuk 10 accomplish this the Company have used
their uence and obtained FROM Congress- through the
action of The delegation from Michigan to that State
grant Of land to aid in the construction of the road
from Flint in Genesee County, Michigan, to Pere Mar
quette River, and from Iron Bay or Marquette, upon
Lake Superior, TO the State line, and from the On
tonacon River to the State line. A grant OF land
was also made by the last Congress to Wisconsin
from Fond du Lac to the State hneto intersect
nes last named and which has, by the Legislature of
that State. been transferred to an efficient company
.tyled "The Wisconsin and Superior Railroad Com