New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-08-10
WEDNESDAY, Aug. g-P. VI.


There was a active Stock market this morning.
but the depression of feeling still confused, and lover
prices were touched The principal transactions in
Erie and Cumberland. AT the Second Board there
sudden change for the bette' and the leading ncies adj
vanced rapidly Erie which had touched IS in the
ing closed at 46i Reading went from Oh to 62; Cum
bertrand from 29l TO 800, &C. Central OH bid;
Cleveland and Toledo, M &C. Central sold, however,
at SOL seller sixty difference of cent. Michigan
Central, s7I Michigan Southern, o. &c. OF Railroad
Bonds the sales 500 OOo including 200 IL
nos Central closing at co. Now-York Central sold at
e. which lower At the close the feeling buoyant.
with a disposition to operate.
Exchanges are firm but quiet the steamer being gone.
Sterling 81 a9a y cent; Francs 5.i505.l3l.
There is less doing again Freghts, but quotations
steady. To Liverpool, 5000 bush. Grain 3D. in ships
bags 500 bales Cotton 3-l6d.; Deadweight, l2I. To
London We hear of no engagements.
The amount received at the SubTreesury Is 500 i0
paid, sl3G, 4l Balance, s5,O743ls
The steamer to-day took s75OoOO in bars and Elsa in
English gold.
The Niagara Insurance Company has declared semi
annual dividend Of 10 cent, payable lith inst.
The Exchanges at the Clearing House SIG 225 900.
Parties holding bills or drafts drawn by Page Bacon s.
Co. Of San Francisco or Page Bacon Of st. Louis
the American Exchange Bank, requested to present
them for paymen to Duncan, Sherman & Co.
Mr. H. n Otis the present Transfer Clerk of the Erie
Railroad has been appointed Transfer Agent to register
and countersgn all the Stock Certificates Of that Com
pany thus furnishing another cheek to over-issucs.
The gentlemen in the street who have been procsiminy
the immediate bankruptcy Of the Erie Railroad Company
and selling stock in that belief viii be sorry to learn, and
we have the best authority for statement, that arrange
nens concluded to-day by which that Company OBJ
all the funds they will need for the payment Of all de-
mands up the LIST Feb. next The floating debt and all the
interest payments tina, date fully provided for aud
without the payment Of any extra interest We not at
liberty 90 into particulars but il known they would re-
feet the highest credit upon the Board of Directors Ia
gard the Income Bonds several propositions under
consideration but this matter is not pressing. In regard
TO tie current rumor that the Company lost by
its sae Of State Line Railroad Stock, have remark
that az the Stock only about s325 0O the above loss
would be rather difficult to make AMI the Stock
has not been sold An offer Of 30 for the whole amount
was refused. The lss3 Bonds being promptly taken
according contract and the floating debt decreased
with the proceeds. cash dividend in October il is con-
ceded cannot under the circumstances be expected but
the Company may decide upon Stock dividend, ~ they
have about half million Of capital stock yet
unissued II would probably be the wiser to pass
the dividend. The business Of the Road in July was
nearly not quite up the estimate and in August thus
far a. large as with the prevalence Of the cholera at the
West could be expected. Whatever may have been or
may be the temporary embarassments Of THIS ROAD,
great national avenue Of travel between the East and
West has an immense and continually growing traie OF
which it cannot be deprived has thus far in ts earnings
me, the widest estimates Of its projectors, and IT,
sdepy believe, destined in the future to degree Of
prosperity which shall fully reward all the capital and en-
ierpre which has been bestowed upon it, and bring its
Setractors to shame
Tn the Money market have feature to notice.
To f.yorite borrowers call loans are easy at cont.
First-clsss paper ssl3 cent
The earnings Of the Michigan Central Railrad Com
psny for July, 1854, were:
Ps.senpn Freisht. Mxelsneeus Total q.
lsf4............sS25Sl N 6ISls ~ 1881 Is el0Ja -
1853 $685. 80 81 .6es 20 sos - iO'1 "
Inerssss.... slsIsx IL eSsS Of s"'""
Decrease. " /"
The earnings Of the Boston, Concord and Aonucs nsn-