New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1856-11-17
SECOND BOARD
SATURDAY, Nov. l5-P. y.

SATURDAY, Nov. l5-P. Y.
There was moderately large business at the Stock
Board to day. and the bears rather disposed TO
put out sellers contracts The rise during the past two
weeks has been large, and il is not surprising that
should be checked by the realizing of parties who buy
it in at low fgures. To-day the quotations were Hegu-
lar, some descriptions being higher and some lower
than on Friday. A large amount of short stock has
been taken in this week both at the Board and pri-
vatey, ard the inquiry from this source is less
active. At the Second Board the market was
generally heavy, but after the Board
demand sprung up for Erie and Reading and
for the latter especially the market was buoyant the
price advancing to 81 and closing at 81 The dis
patches from Philadelphia 10 relation to this Company
contradictory to-day, some stating that the coal
operators have made arrangements for ten years with
the Schuykill Navigation Company, and that they
have subscribed the funds necessary for the consruc
ton of the Auburn and Allentown Road, which gives
the Schuykjl district direct connection with New-York
by the NewJersey Central Road and others that an ar.
rangement had been Effected with the Reading Com
pany, and that transportation would be resumed next
week
Erie fell off to 6li, but sfterward recovered to 6li,
closing at about 6ll. Central rather heavy. The
Western Shares were offered freely, and in some de-
scrptons decline was submitted to- In Railroad
Bonds there was not much done; quotations about
Friday. OF State Stocks $4,000 sold including
$jO,COO Missouri Is at s9a, buyer sixty. sale Of
81, 600 Government 6s 1867, was made ut III the
first transaction for long time.
The growing confidence in the financial world has
brought out more money both ON stocks and paper,
and the accommodations afforded By the banks and
private capitalists have been sufficient for the wants of
Al all bai or havp M
for several days large balances which they could
not employ in the usual way. The banks feel stronger
and the impression in the street quite general that
the contraction of loans was near its maximum. The
drain of interior balances has been checked, which,
with the moderate amount of gold going abroad and
the near approach Of the when the supply OF
cotton bills will be sufficient to meet foreign pay
uens has removed apprehersiOns of monetary diff
Guilty during the remainder of this year unless We become
involved in the effects of some financial crisis abroad.
Even the bears of the Stock market have ceased pre-
dieting stringent market here unless in such cOntin
gency. The payments from the interior, under
stand, are very good, and comparatively few failures
have taken place. portion of the nittances have
been received in gold. The balances between this city
and Philadelphia and Baltimore have in our favor and
considerable gold has been received in settlement
large amount of purchases made here elk and eight
months ago by Boston and Philadelphia merchants ma
ture within the current month and the Banks anticipate
that further supply of specie will be received from
this source. The inquiry among the discount houses
for ftclass paper has within the past two or three
DAYS been active, with a moderate supply. Rates
consequently, are y cent easier than last week. The
range for this description is Ga 10 cent, with an oc-
casona transaction at y cent.
The market closed very heavy and dull for Ex-
change. The sending from New-Orleans Of large
amounts, on the way here, bought at low rates has
checked operations decline Of rates here is looked
for. Leading Sterling can be bough, at cent, and
good Bills at 81 81 y cent At these rates shipments
Of Gold cannot be made without loss, excepting to
Paris where the premium paid by the Bank ST. nulaes
the movement. France are inactive at 22l a .ls..
We hear Of about $780, Gee in bars going by the Full
ton considerable portion of which is in return for
doubloons received by the Europa The shippers are,
Bel mont, Won Hoffman, Bullin and Sander, James
Monroe & Co., &c. Some Government Stocks have
recently been received here from abroad for Temp
ton. which makes the outward movement, Of gold
greater than would be in the natural of trade
The Fulton rails on Monday and the entire shipments
Of the week will probably be about mion The
specie movement Of the Present week includes
he delivery of 81, $50, coo of Calforni, gold
and the shipment on Wednesda! OF s36SOOO.
In addition to the California gold the Banks
have gained $263 eco from the Sub-rreasury and
hold besides considerable amount, estimated
by some as high as s6Oo,co0, Of drafts on the
Treasury, which have not been presented, but are
counted as specie by the Basks where dep jsited. A
large norton of these drse and of the disbursements
of the Treasury, have come from the Government
Loan Of 1876 which maured on the 18th instant and
which has been paid of at Washington by dEafts on
New York. The Banks have thus gained aggre-
cate If some two and hall millions, averaging prob
ably nearly two millions, aud have lost $685. 900 on
Wednesday. and the proportion OF Saturdays ship
mept p.r Atlantic of $3.50 600. The Bank reserve on
Monday ought to show considerable addition TO last
MONDAY line, enough to bring up to s2 600 900 or
sl2. so eco which will dsappont the stock bears
who were ten days ago freely predicting s. OoG, OOo
The business OF the Sub-rressury was Total Re-
eitts sl67. 500: Payments s,2s,l35 Is; Balance,
siol55.27s 90; against sl2,9ls,9p Inst week, loss
to tie SuTressury of 500 Cos; and Of 81 Col $40 in
the lat three weeks. OF this $50 eco weut to Wash
il .ton for disbur.emen; there.
To Liverpool, Freghts ar firm; 5000 bbl-. Flour
At o. Sd s. eco bush. Grain a, lOd; $50 bales Cot
ton ct 5-32d 3-lGd. $40 boxes Caeese =; p, Gl.;
Heavy Goods q, 22s 81. a27s. Cd. ID Lollsn, 800