New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-05-19
SECOND BOARD.
MONDAY, May 1872. NJ

There was rather an active market this morning IN
Stocks with considerable excitement in some OF the
Western shares. The fluctuations in Southern Michl
gan and Cleveland and Toledo were marked. South
ern Michigan opened at 20, sold as high as 70i but
af,erward fell off to $751; The transactions reached
5000 shares The perurbations in this Stock will con-
tnue until after the 20th when the privilege of guar
anteed stock ceases In Toledo the movement contin
ues to be active the transactions being some 10000
shares with large differences between regular and
time sales. The movement appears to be a
very strong one, and cash stock is very
scarce as much as iaI y cent having
been paid for day The difference between
regular and sellers option, seven days, was p
cent The operators for rise in this stock have ap-
parently for the present the control of the market
Reading was active at the Second Board closing ct
79l sale of 600 shares was made at that, seller
three New-York Central better selling SCI. For
Illinois Central there was fair demand principally from
the shorts and the market closed at 139. The steamer
of "Wednesday takes out shares bought for account
for Scotch capitalist who is already large holder of
this stock. The Western shares generally were finn.
Ohio Life and Trust sold at 99l. In Railroad Bonds
there was no marked feature. Illinois Central sold to
the extent of $35 900 at OO Fries 1875 at 49, Goshen
at about previous prices There also private pur
chasers of some sec, 900 NewYork 5s for q Savings
Bank. The general market was firm at the close.
There is fair demand for Exchange, and the mar
ket is steady at 9a9l y cent, with little bust
ness doing above 9la9i y cent Francs are 5.22i q
5l7l. The supply Of bills is good.
Rates of Freight to Liverpool are frmer. The en-
gagements are 900 bbs. Flour at 7id.; 5000 bush.
Grain at odd; 5000 bbs. Rosin at 3D.. 440 bales
Cotton at PSI 700 bbls. Tar at Is. To Havre, Ashes
at IS $50, and Rum at &c. ship with Deals from
ST. Stevens to Liverpool at SIS. cd. The bark j. B.
johnson, with Lumber to Buenos Ayres, at $l3 So
The business of the Sub-Treasury was: Receipts,
$ll5,657 80; Payments, 1881 80 Balance, 3d.
759, JAP IS.
We hear of $500, 900 in gold engaged to go to Bos-
ton tomorrow for the Wednesday steamer, which
amount may be increased to 81 100000.
The Official statement of the condition of the Banks
which annex, exhibits favorable result as COM
pared with last week. The specie reserve notwith-
standing the large drain for Europe and Havana,
shows an increase, anticipated from the extent
of the California delivery and the depletion of the
Sub-Treasury. This result, however, has been ma
tenally assisted by the receipts from the interior
which reached not far from q million. One house
alone has received about four hundred thousand dol
lars The line of loans is contracted about $50 OO0
which reduction is probably Interchangeable demand
for loans not having been equal the ability of these
institutions to accommodate applicants The deposits
show noninay but little change but the transactions
Of the Clearing House being smaller the undravn de-
posts are $6s595 soo against So 1854 900, showing
an increase of $64l, OOO The comparison with last
| week 10 as follows:
Loans Dis Specie Circulation. Deposits
Nav Sis o6s Sa STOOLS esls9 Us sssses 81
Nay l6.... lhs2o.o2 I2S0e4 sSA2s1 ssslS7a
insr,s.s.. ,..... SHs321 ...... .....