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TUESDAY, Jan. 23-P. M. There was not a very active business at the Stock Board this morning, and prices ware without im. portant change from yesterday. Between the Boards the market was very heavy, in consequence of the advance in Exchange and rumors of large specie shipments, and Erie went to 451. At the Second Board there was a partial recovery of feeling, with better prices, but after the Second Board the market was less strong. Erie closed at 45%; Reading, 731; Central, 881; Cumberland, 32%; Hudson River, 371; Panama, 881. These prices generally show a small decline on yesterday. Nicaragua was one of the firmest stocks, and improved 1 P cent.; Michigan Southern sold at 85, which is better; Northern Indiana Construction, 79; Cleveland and Toledo, 581; Illinois Central, 981. Canton was down miss P cent.; Delaware sold at 1101, and Pennsylvania Coal at 1041. In Railroad Bonds the transactions were about $160,000, including Illinois Central, 71; Eries, 1883, at 87; Incomes, 1031; New-York Central, 87; Harlem, 841. Of Eries, 1875, the sales were $90,000 at 80% @80f, regular; 81, buyer thirty; and 80, seller 12 mos. The inquiry for State Stocks continues good, and the market is sustained. About $40,000 sold at 911 for Missouris, 83 for Indiana 5s, and 961 for Virginias. Without a large demand for Exchange, Sterling has advanced to 9@91 for best bankers' signatures. We hear of no sales at the higher rate. The supply of Cotton bills has been kept back by the low water in the Western and Southern rivers, which has thrown the remitters upon bankers for their supplies. The advance in rates has been assisted by the partial discredit which has been hanging over bills, which has caused a larger demand for such as were considered "gilt-edged." Francs are 5,181 @5,13]. In Freights there has not been much doing. To Liverpool, 6,000 bush. Corn, 6d. in bags; Cotton, 3-16d.; ; 500 tes. Beef, 3/6; 300 bxs. Bacon, 17/6; 3,000 bbls. Flour, about 1/71; 150 bales Hair at 15/ and 1d. To London, 500 bbls. Pork 3/6; Dead Weight, 22/6. To Glasgow 6,000 Corn, 61d. To Havre, 1,500 bush. Corn, 10c.; Flour, 500.; Cotton, Je., &c. To Bremen, 3,000 galls. Oil, 21c.; 50 bbls. Ashes, 20/ 200 bbls. Shoe-Pegs, 2/. The business of the Sub-Treasury was small today. Recepts, $71,118; payments, $69,756; balance, $2,523,086. Paid from Assay-Office, $5,541. The business of the Clearing-House was $15,413,637. The following sales of Bonds and Stocks were made by Simeon Draper: 841 $5,000 Pennsylvania Coupon Fives, int. added 691 3,000 Illinois Central R.R., int. added $105 A dividend scrip, 11 shares Michigan Central RR 60 50 shares Atlantic Bank 69 40 shares Bull's Head Bank 51 100 shares Cincinnati and Chicago RR 90 1,600 shares Union Geld Mining Co. of N. C The Greenwich Insurance Company has declared a simi-annual dividend of 5 P cent., payable on the 1st of February. The Leather Manufacturers' Bank, a semi-annual dividend of 5 P cent, payable on the 1st of Febr. The Illinois Central Railroad has called for an installment of ten dollars per share on the 2,349 shares of its stock, upon which $5 each has only been paid, payable on the 1st of February. An application was made, this morning, on behalf of the Third-av. Railroad, for the appointment of a Receiver for the Suffolk Bank, against which the Road has & claim of $2,000 to $4,000. The rise in Exchange of to-day has filled the street with rumors in regard to specie shipments. The amount to go by the steamer to-morrow is variously stated at $200,000 to $300,000. The amount engaged up to this evening, we learn upon application at the office of the steamer, is $55,000, all in foreign gold and silver coins. Some of the bankers anticipate a continued export of gold during the spring, but others are equally confident that the present advance in Exchange is only spasmodic. The transfer books of the Galena and Chicago Railroad have been placed with the American Exchange Bank. They will be closed on Saturday and be opened on the 2d February next