New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1853-06-23
WEDNESDAY, June Up. "


fancy market sympathized Some parties were evidently
In pcs.esion Of Information early the day as TO what
woud be the action Of the Eie Drsors on the dividend
ous,,on and flooded the market with stock The sales
ee,ded 200 shares and the quotation fell Oh to s but
forwards recovered TO &c. closing with stock offered at tina
prce The largest decoe from yesterday was per cent
Ne.r, all the aneies lower with considerable trans
actions OF Nicaragua nearly 5000 shares were sold the
market closing at 20, further decline OF per cent
Canton was also heavy selling 20 decline OF per cent
The railroads other than Erie were not active II rem
on of per cent Reading was heavy The Coal shares
continue to have downward tendency Cumberland went
10 asa, Phoenix 10 and Parker to 80; New Greek was
firm Morris without important change In the pre-
MUM Railroads there was but little movement Utica
and schenectady sold at 1876 and all the Central line o.
road, can be bought below the highest points which have
been reached The quotation for Central is about 1913
The earnings Of the line considerably in advance Of
last year sale Of 5000 Governments, 1865 was made
Al iel California rs are improving Railroad bonds are
dull
In Exchange there but little doing, and the rates
unchanged Sterling, 9asi Francs, 5l5s5.l52.
There is no important change in Freights with nothing
of importance doing To Liverpool 10000 bushels Wheat
old 10 ships bags 1000 bbls Flour Is Cd Cotton 36S
Id 500 bbs Lard 2Oa226. $50 bbls. Resin lG9l7I
To London 90 tuns Skins and Furs 25 go To Glasgow
5000 bbs Flour IS so tuns Bark SOs To Holland 500
bbs OIL 23c 1000 bales compressed Cotton lG 80 cases
Tobacco 10 Measurement Goods 2js and 10 Ant gerp,
200 bales Cotton &C. To California they continue dull
foreign brig fer Marseiles engaged cargo Light Pipe
slaves a, SI4 another for Caois Light and deAvy Pipe
nj el6a rs German brig for Liverpool cargo gw0ot
IT 25s a bark 25O tunsl to Nuovtss and back 500
brig from Cardtnas Sugar at Boo and Mossses at 81 IS
ba from South Sioe Cuba Sugar at 46c bark from S
ysunnh TO st. John Is, Lumber a. sl2 n bark 600
tunsl to the Pacf Se, for twelve months $3.50 per
month a brig from Georgetown, s e., TO DsmAdscytta,
wed Square Edge STUD AZ eli % and sch onsr from
Savannah to New York. Timber at sl0 The schooner
Geo W. Corner loi tuns years Old euilt a. betmore
-. n Tor fhe African trade al $500
The Sub Treasury accumulation has gons beyond Eight
Millions being q much larger amount than ever before
reached The amount received is sl2lo5f paid s9,147
Balance, Ss,063,954.
The steamer from Boston today took $4,000 in iogos
and 100000 in American old coin
In the Money market there is no change to notice lhere
ia fair demand bat All excessive supply. The deposit
houses now pay only per cent. Inc IAhse '"' Pei
cent on cab and for paper
The foreign letters by the Humboldt contain nothing i'm
rorsnt They speak easier Money market and pre-
Att neacesble solution Of the Turkish difficulties. In
American Securities there was moderate amount oil
transactions.
The feature Of the day 10 the street has been the general
~ announcement that the Erie Railroad Con-
ona declare DO dividend in July The subject was
A. meeting of the Directors to-day postponed to the Isl
c,bsr when the fiscal year Of the Company ends Inc
motives Of this postponsment were partly to change he
dividend days aud make more equal division oil the year.
The earnings Of the hast half Of the calendar year having
wA,s bee much larger than Of the first hail. bat manly
beeuse ina consequence OF excessive operating expenses
the road had only earned about 2or2 cent nst on the
csps for the six moths. The Board considered TINS
Good opportunty for changing the dividend periods and
shi, action WAS we learn unanimous The actual earHtHs
Al the road for the frs four months were sl3SosOi A. al
though the receipts si4072s9, the difference nav
been paid to connecting companies AT thus rate esha'
inc he receipts Of JuDe $500 ooo the earnings for The SIX
mouths will be about s2050O0O The running expenses OF
a. road are fully made up but vAnousy est ned
nv the members OF the Board at % to 90 oent Al %
cent they would amount ;. sll275o0 leaving sS2soOo
Tor interest and dividend The debt OF the Company IS
RECOMMENDATIONS FOsrns.. s,i
ls1
NJ s;x ,nopths Interest which is s763O3s leaving
s1so se2 TOR dividend s9930950 of capital stock which
IA less than cent THE opAion oil the Board however
is tbs, the road has earned to = Y cent avid nj
The receipts of the road have exceeded the estimates OF
s oc,rs For the first four months of the year they
- .hou $4,000 ahead The has been in the work
.psss which have been larger than was anticipated
% lrr il il believed than they sil be in future as TIC
~ Executive and some OF the Board OF Directors Mr.
Rob, .ou and Mr. Morris, more particularly VIII de'o'e
A. seyes 20 full EXAMINATION Of this ma"er IN oruer 10
sdoo uessurcs for working the road more cheApy hloe
s,,pses had been kept down to so cent which sslsse
s they should be, dividend OF cent cosd nave oeen
80 there is one poin; which should have its weight ia
f;s.ns the question Of the prohtAosness OF tns
w. :, a considerable portion Of the debt and OF
49, is,s ssoek issues have been for doable trucks,
.h Of which has yet b. Of little service 70 tne NoAi-
snv IL The Direction had thought Il good p''cy 10
10 uc0n the interest ON the oeot coasos1
e. ~ Souhle Track and the dividend ON the stock issued
W h me nurpose surplus of earnings the portion
~ ~ I'D In m use would have appeared sufficient 70
80 a coed dividend But they decided Otherwise IN
- IN AZ. circumstances of the case, with larger earnings
a., ~hsn before dividend declared, We saggest 10
ths Directors whether they do not owe u 10 'nen STOCK
h,a.rs 10 make full report OF the conduon OF 'Ae Son
nav We know ssch report Is neh desired oy some OF
~ and conceive this 10 Dc sVery proper
occasion for its ssse
The Crescent City one Of the weekly line OF steamers
,,;ng, MS about $4,000 in gold on freight and in the
hands Of passengers
A Ist:er from Ssn Francisco says;
sh;.pers seem bent another California reverse Ihoa
- dollars worth Of goods are daily sold here Al prices
f,r iess than eastern cost Snd the iehaehV! -
"a ~ In Flour, on specslStve account
IN a. "a tbat article and the new CALIFORNIA ana Ore
- rsns viii be in market in time to prevent Al chance
~ snxbing more ran paying prices for long pefoa
The Trsdesmens Bank has declared aiV'denu Oh u''e
s,I,sr. mar share. The East Boston Ferry Company
dividend Of o. per share in stock The Boston sna
ps,,oaa four per cent The Taunton Branch iour per
o., The Cocheco Manufacturing Company q aiVoena
~ sao per share the Stock Company four per cent e
salmon Falls Company els per share the SAhas,0n
clsss Company Eve per cent The New-ons~ns o''
rs.h, Company semi annual dividend of i've per cenN
The sales at the Mining Board are As follows, IO0
r..aaoe, Coal S; ss0 do. Rutherford Gold, 81 'VO 90
ulsitr Lead, boo, sli 100 do do' oe0 y. ...-,,v