New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-09-06
SECOND BOARD
MONDAY, Sept. J. ?. y


The stock market was very excited one to-day-
the excitement being mainly confined TO the guarsn.
teed stock Of the Southern Michigan Railroad Com
pany of which the shorts have had great difficulty
in making their deliveries. A considerable amount
of deliveries not completed at the proper ne snd
the stock as bought at tn. Second Board under the
rule. We have seldom seen 80 much excitement 10
the street sto-dsy and bad feeling exhibited
in one or two quarters which came near involving per-
sonsl collisions. The. operations Of the bull interest
in this stock have tended recently to withdraw
nearly all the cash stock from the street, the amount
of which has always been limited while the ssles of
the bears have been very free, that in the aggre-
gate large short interest had been created As de-
veries were made from day to day, the io,ting ssck
became concentrated in the hands Of one party and
the difficulty Of making deliveries augmented, until
they reached climax to-day, accelerated by short
sale on Friday of 2,0o0 shares az PC, deliverable
to-day. The demand for cash stock was very
scve, and as high as y cent was paid for
the use of stock until tomorrow. At thirty
days. sellers option, the difference compared with
regular was at the Second Board great 81 v
cent. These very unusual diferet Gee, and mark
the great scarcity of stock for immediate At the
close of business there was still some stock uude-
liver red and the quotation was 27 cash. and PSI regu
lar The bears had calculated largely upon the effect
of the strike, but this speedily arranged it
had but little influence. The general market
was quite strong, although the interest Of the
street was so largely absorbed in Southern Guar
snteed. At the Second Board there was s
good demand for the leading stocks, and higher
prices were in most cases established. The upward
impetus of the market, which was checked by the
cent suspension of the bear houses, appears to be
again felt and the general anticipation Of the street
appears 10 be that higher points will be touched.
Central was very strong, selling at u. Gaena was
among the most buoysnt stocks, going at the Second
Board to 72i Rock Island was also strong at 6ol.
The improving appearance Of traffic on the Western
roads has influence TO increase business in the shares
In State stocks the market is very firm, with good
demand partly for Western banking. Railroad bonds
are dull at the close. Tie quotations For Viz
ginia 6s, al d9li; Missouri 6s, 81 asa; Canton
Company, ls2isii Cumberland Coai Company,
lidl5 Pacific Mail, s.. ds5; New-York Central
Railroad, 76i al; Erie Railroad, sea- Hudson
River Railroad, ~. 36li Harlem Railroad 10 lot;
Harlem Railroad Preferred, 36i a 81; Reading Bail
rood, 43i Al Michigan Central Railroad, isi i6i;
Michigan Southern and Northern Indians Railroad, : a
q; Michigan Southern and Northern Indiana GuArar.
teed, 2ji . GO Panama Railroad, III dll7l Illinois
Central Railroad, 81! 67i Gaers and Chicago Raj.
road, ri s72ii Cleveland and Toledo Railroad, 25l
a25ii Chicago ard Rock Island s., 6s.; Illinois
Central Re, Sass.
The Exchange market, with q good demand. IS
rather frmer. Sterling is l09 4llO!, Francs Sill
e515.
Freiehts to Liverpool: / go bales Cotton s.
3l6e7.32d., 800 bbls Resin q; Is. Cd. To London:
200 bsgs Pim.rto az 3-i6d., 900 bb. Oil a. ~. A
vessel Ct li,COO bush. capacity TO Turks Island ana
back with salt e, Zoe. vessel Of 800 bbs 70 New.
ioundlsnd 81 4jc. g Dbl. A brig Of 3O7 tuns bo,ui
for Mobile, home from Pensacola, with do,fng
boards, q, 8. A bNk Of 400 .uns, 20 Wiaiy.rl. on
private terms. schooner Of ll2 tuus % uor-b side
Of Cuba and back, with mschiIery, for 81 30 \
vessel Of lis tuns, 70 Porto Rico and bsck for Al OO
Asehooner Of l72 ,uns, 10 San Domingo ard back.
for $l,i0O.
The business Of the Sub.Treasury va: Receip.s
437lo-for Cus-oIrs, $4,000: Payment. ST..
rs 90; Bslsuce, s S4e,s.3 Al.