New-York daily tribune., 1857-09-25
SECOND BOARD
THURSDAY. Sept. ol-P. VI.

THURSDAY, Sept. 2i-P. NJ
There was a more ch eerful feeling at the Stock
Board this morning, and in few descriptions the ad
vance was large. The most marked improvement was
in Rock Island, which sold low 6i yesterday, and
touched y to-day, an advance Of y cent. Galens
was also buoyant and advanced TO y. The improve
ment in both cases was very small purchases,
showing that the better class Of railroad securities
would advance rapidly if but fair amount of orders to
purchase should come into market All the good de-
xcriptons of Western Shares were strong. Erie was
better, as was Reading, Michigan Southern, Michigan
Central, New-York Central &c. The explanations of
Nr. President Moran at the meeting yesterday have
been avorably received in the street. At the Second
Board the improvement of the morning was not fully
sustained. Erie fell back to ia; Reading to 423, on
orders to sell from Philadelphia Rock Island TO II a
~; Galena to 70l &c. The feeling, although heavy
was not gloomy. The continuance Of failures in mer
camille circles has driven some capitalists who have
heretofore bought paper into the stock market for the
investment of capital and their purchases had consid
cradle influence to-day.
The Exchange market continues dull and depres,-
ed, Sterling, with small sales, ranging from TO y T.
cent with frst-class bills at Z Y cent.
Freight are steady. To Liverpool, $4,000 bush.
Grain at 3D. in bulk and 81 a6d in bags, 1000 bbls.
$50 tuns Fustc at l5s. 236 hhds. Sugar at lis cd
IS hhds Tallow at l6s 600 boxes Cheese at Dos. To
London 1900 bbls. Crude Turpentine at 2s. Cd $50
bids Sugar at 25s. 500 bbs. Flour at Pc. To GIas-
gow, 900 bbls. Flour at %. Sd. To Bremen, go
Mo-. Sugar at 22s. Cd ship of 400 tons for IL
mouths voyage to the Pacific on private terms. The
chip John Palmer, with Tobacco from City Point to
Venice, at 47s. Cd.
The business of the Sub Treasury was: Receipts,
4o42 3Ol Is; payments $236 1872 50; balance, slO,-
C2l 800 O9.
We regret to be obliged to announce the suspension
Of the we Lknown bOok-auction house Of Bangs,
Brothers g. Co. We hear also of one two other
smaller failures. The receiving banks throwing
ont to-day The notes of the Medina Bank Medina aud
the Bank of Canandagua They are both free banks,
and the notes secured by bonds and mortgages aud
Etate stocks, viz: Medina: Bonds aud mortgages,
425, 800; State stocks A y cent, 81 600; y cent,
S25 900; cent e. 500; total $53 S9O circulation,
81, go. CanaDdaigus: Bonds and mortgages S6l,-
$50; State stocks, 5 Y cent $4,000; y cent, $5S,-
900; total, $l23, ,S5Oi circulation, $l23.f9. The
adyices from Philadelphia again unfavorabe;
several failures of leading houses being announced
among them Messrs. Fassett e. Co. and Smith,
Murphy & Co.
since on Draper's semi.weekly auction sale of Stocks
Dohuo VIII idho pIoNo ASiAuoyb ~ '"N
Merchants Exchange, at l2l O'Clock.
Messrs Ezra Ludlow s. Co. will hold their regular
sae of Stocks and Bonds at the Merchants Exchange
xt O'Clock tomorrow.
The run" on the Hsdley Falls Bank copied from
The Springfield Argus in THE TRIBUNE, was confaod
almost entirely to the Irish bill holders in that place,
and has ceased altogether. The amount of coin paid
oat was about 3, 500
The paragraph in relation to the assignment of the
Fond du Lac and Chicago Road which appeared in
THE TRIBUNE this morning, was incorrect. and was
pirted in the absence of the person responsible for
this column. MessTs. Taylor & Co. have published
the anue xed card
To the LditOy Of The n. Y. Tribune
Sir Our attention has been called t. paragraph
in this mornings TRIBUNE stating that ting Chicago ST. Paul
aud Fond do Lac Railroad have failed for s4OO and made
say the wholly without foundation
We have no interest or connection osE Ts d TIYoR ,-S
From the annual report of the Chicago and Rock
Island Railroad learn that its gross earnings for
The year from all have been.....S 1856 1876 So
fne earnings 81 the previous year were. lAo Soi W
showing al increase of gross earnings siss ss2 45
The estimated receipt for the year were put at
6jO 600, and the actual receipts have been in ex.
of the estimated in the of $236 1876 So The
earrnss for the year ending Jny 1853 are estimated
to be quite as large IS the past year.
Notwithstanding the increase of business has exceed
ed our sD:cipaons, it is proper to state that suce
January last it has been far less than it would have
been, except for causes which may not be likely TO
exist in future. Almost the entire produce OF the
western part Of Illinois, aud ali the crops in Iowa,
which ordinarily Geek market over the entire length
of this Road were consumed the spot, were
transported but short distance and sought mark ct
in the South, where the demand was greater Con-
sequspty nearly all the feghting the Rosd for the
last sx moOths Of the year in only direction
tWesi, compelling them to bring back almost all the
cars empty.
Inc operating expenditures for the year have been
Largely Increased, owing 10 damages TO the roaI.bs1
Washing away of the balas,pg aud losses Of blilge
&c, oecssontd by the extraordinary freshets which
occurred IN the month of February The rspairs con
tegGsnt upon this unooked-for cal .mty Amounted
to nearly $lJOOOO, without taking into account I,s
Of business, as no freight trains were run ovar ,ba
road for nearly three weeks in that month.
Recent experiments have been made in the u,e of
coal instead Of wood on several OF the oeopo.;v.s /,
nee on this road, aUd With very fer success IA the
sounip through whoa the western portiOa Of the road