New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-06-29
TUESDAY, June ss-P. n.

TUESDAY, June S-rM
The tendency Of the Stock market today was down
ward. the rescting movement OF the last fey
days berg apparently exhausted The transactions were
10 considerable extent in the leading fAncies Erie
hesvy and fell of to sol in the street Il serwsrd 10
covered 10 sol at the Second Board The opinion OF tbs
street appears to be that Ee will not go permanently be-
low 80 sgsin A dividend in October Is looked upon -
certain Reading was buoysss and sold at sol. Harlem
snd Hudson River weak. Canton declined v cent?
Cary In the Coal Shares there not much done and
the market was heavy. Morris fell off cent McCsi
och was in demand and sold At ct. Other Mining Stocks
were dull California sold considerable extent Il
The Board and privately at 9S which is Improvement
Railroad Bonds are quiet and steady Premium Railroads
are without important change.
The Exchange market ia heavy and not sctivs for the
steamer TO morrow Sterling be had 6rscsss sigma
lures at u a9i cent The supply Of outside bills Is
siderable. Francs 51565l3l
In Frtights there is not much doing today To Liver
p.Al 800 bales Cotton 53ed a9lsd. for square 7Ssd
H. for round 5000 1000 bsls Flosr H. Cd: $4,000
90 600 bush Wheat Sd a SID; 900 bbs Oh eos, 60 To
London and Havre there is nothing Of Importance There
- good demand for Deal vessels at previous rates Cali
fornia freights quiet
The receipts AZ the Sub Treasury sl3 SOL Psymens
sf4 500 Rslsnce ss.55O,697.
u. sales AZ the Mining Board to-day srs,
,o s :T:: N' c.rc @ :S:: m rscSs oSs j.
About 100000 ngots gold reported engaged fse
the Asia.
The Money market i. more active As preparations are
heirg made for the heavy disbursements Of the first prox
hut the supply is abundant st al ct call and first
class parsr. An immense amount Of money viii be
aching EN- sloyment during the first week OF july
The Bank % .he Union in the City Of New York will
commerce business on Thursday the Of Broad
way snd Ho-ard.s' with a capital of three hundred
h,usand dollars Is second nstalment Of the capital
thirty y ct, is payable on the lat Of July
Nv reference 10 our advertising columns will he per
ceved that The frat inament Of the Capital Stock Of the
Island City Rank postponed 10 nth July in consequence
Of the Banking Rooms not being ready.
The Cleveland Painesvle and Ashtabuls Railroad hes
declared semi annual dividend Of five CT, payable on
the lst of Jsly
The Erie snd North Fast Railroad annual dividend Of
eight Y ct payable on the 5th Of July.
whose stock is registered in this city win
receive the above dividends at the banking house Of
Messrs WDslow Laner & Go.
The Commercial Bank of Albany has declared dividend
of fopr ~.
The interest coupons Of the Dsvphn and susquehanna
Goal Company made payable q. the Bank Of Commerce
on the lot OF July next will be paid that day At the
banking house Of Messrs Duncan, Sherman Co, No ~
Willamtt
Mesrs Duncan Sherman & Co will also pay thu interest
on the following bonds Cityof Pttsburg City Of Wheeling
Albany Water Loan, Chicago Water Loan, and Raaslo
Water Loan.
The receipts for The week ending June 49, 1888 Of the
Little Miami Railroad Co ss g
Same week Last @n~
Increase over 81 p cent or.."............ pao q
The annexed Circular hiss been issued by the Michigan
Southern and Northern Indiana Railroad Companies, In
relation 10 the issue Of stock for the straight road
SIR The Directors If the Michigan Southern and North
err Indiana Railroad Companies at their recent session.
determined 10 place under contract for immediate con-
rc,on their straight line from Toledo 10 Goshen They
kuf linO hr4u Aft ha
southern Road from their main line 10 Jackson.
In order provide for the construction Of these
works and for the other purposes Of the Company ii
determined 10 make an ssue Of stock equal 10 fifty
per cent in amount upon the aggregate o. tina existing
capital stock Of the two Companes and 10 appo-ion the
same par and pro rata among the stockholders Of these
Companies being such at the time Of the payment OF the
| dividend in July neit.
For your information as 10 the time and manner fis,u
ing and distributing sal stock and the terms n pay
NJ, NJ thereof you furnished with copy Of resolutions
} ofthe Board upon the subject as follows;
, E sS: ss ' Ssa e mae s5is
sss sos,s. ,os sGss 5s DsSs = s q, ,. ss
"a rev ESQ. d oeI s.e
'a n ms Of S " q. ns1 d9dsSd proportion % ne
&c, % Of se os 9 S y s. E % y s i"s s %
sh.H Rs5ose GS%5s1y sn a., "a o '" y ~. s. :. s,9
BE- he s o. one e .s s ne . s - ia "a
,sS p5opcon as seS.e sgs'y 1sfs ~ "a c ,S.
.sy neh The time Of the pyInsat q s
.f b entitled .sss % hsird proportion susof 'of
/ Ar rsr ard p.y.ble e. hereinafter provided =.
ne Of socs shs b. psys5s a. io0ws Seen
ft September NIT p ceni 90 o. DhoLs tle ~ Say
coter ert ard Is >fs the hs Day o. sovenser
required 20 b sde 70 tne rsssuef ne
one, IN he Cy ~ NewYort sps failure 70 make The esyneDts
~. ,.r.s ~ spy Of viii BE- deemed BY the Company
r bv he of bis right % aid stok and o. all
.,os thereon Any Stosb shall % A. liberty -
socd al msds herson It the
80 81 ok, from the time of payment pot tks
"a rev, s be completed ard beush By the Com
rany 20 - PAYABLE the m day o. January and Juy
s ofs dydenSs sad stock until said v0rta
conpeo bough nto Aforesaid Alter the rosts
eoe,ed sne frosght into BY the Compsny the
errspes viii thencefoTh all other UPON
/ sqrs ~ ~sss the other stncs Of the ConpsDies
IN Horato Newhall large stakeholder in the Galens
and Chiesgo Union Railroad Company has applied to Hon.
John 81 wilson Judge Of the Cook County Court Of Com
mon Pleas for an injunction TO restrain the Company from
bulldog the proposed Western Branch oftheir Road The
grounds upon which the injunction is asked are that the
building Of the Read not warranted by the Charter Of s
Company and that ts construction would prove runous to
the Stockholders The application ia to be heard on rhurs
day. the 30th inst.
We understand that the matters in dispute between Mr.
Manning and the Nicaragua Company alluded to yeser
day amicably arranged some time since
The Subscription Books Of the Second Railroad Con.
pspy, opened at Messrs Vim. & j. o Bhens Office yefS'
day were closed to-day the subscription being fan
thorough instrumental survey Of the line Oh 'n' pro
jectsd Hoboken and Cansndsgua Road IS no" Se,ns 80
by skillful engineers The country hroux" ""'e" VIZ