New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1854-07-25

sales mt the stock Exchange. .JULr %.
MONDAY. July PIP. N.

The Stock market was moderately active to-day, but
the tendency of prices was downward parity IN eohse
ouenco of the tone of the foreign news, which was con-
sdered 10 be unavcrabe and partly in consequence OF
the decline Of New-iork Central. AZ the Second Board
the feeling quite heavy. Erie closed at 49,, ade-
cline OF q cent through sympathy with the Central;
Hudson River was heavy; Reading was cent. lower
than Sat irlay bat closed Improvement the open
ing price; Nicaragua declined b cent, Cumberland
a. cent; Canton firm. The feature of the day was the
decline in Central which opened at 81 cent dividend
of and went down to 81 closing at s. fall OF cent
As comp ,red with Saturday. The action of the Directors
in declaring the dividend without an appointed day OF
PAYMENT was avoraby received in the street aud the
bear. took advantage Of the feeling. We think it pro-
bobe that the Stockholders viii view the matter some
what differently from the street II strikes us that tho
determination of the Directors to submit to the usual
Railroad shavcs for the purpose of prompt payment OF
dividends by which large will bo saved to the Com
pany should improve rather than nlure the stock inc
Directors have thought time to make stand against
the heavy sacrifices bonds which have been the Gus
tom Of late with Railroads driven to expedens and have
preferred to postpone the payment OF their DIV
idepd rather than follow that custom. Tho
Reading managers have done the thing, only more
thoroughly They devote their immense earnings to tho
paymen Of their floating debt instead of continuing at
y cent MONTH and this is the wisest step thoy could
have taken The Central Managers confident OF placing
their cent. bonds without difficulty at any time eS-
nended their current earnings construction, &C. pro-
posing ut the dividend period to replace them from the
proceeds of these bonds The times have since materially
changed and they have thought for the best interest oil
the stockholders postpone the dividend thirty or ay
days rather than submit deprecated prices for their
bonds The consequence will be that relieved from tho
necessity OF forcing their bonds the market the Direct
ors will have ample time to negotiate them during the
next few weeks and doubtless obtain much better terms
than they hive vet been offered. The best offer they
have had for the balance of the loan IS. IT, as they
anticipate. par can be obtained by short delay, the
! Company will save about $4,000. Michigan Central
improved v cent. The Western Railroads are general
" heavy Berdans Crusher Stock continues to improve
/ selling at T. McCuloch is steady at BE Gold Hill, j.
In Railroad Bonds there is moderate business and prices
are heavy Erie Incomes due in February, sold at s2I
with "a y cent interest due lat pox. This yields about
lG ~ cent for six morths In Government Stocks there
was nothing DONE small sale Of California Seyens was
made at co. and Indiana Elves at 9sl.
Tie Exchange business for the steamer has not yet
ouened and the market weak. The principal buyers
are still the bankers to credits The quotations are
y q for Sterling Some bankers ask 3d. but do not SELL
Francs are 5a5.l2I. All Continental bills are heavy
The decline in Gold Bars will probably reduce the rate for
| Sterling shade
In Freghts there but little doing and quotations are
not firm To Liverpool 600 bush. Grain, i'd ships bags.
600 bbls Flour, I'D; Cotton ID To London, 6OOo
bush. Wheat 4id. To lIayre, some Cotton &C.. foreign
ber was engaged for cargo Of slaves to Marsees, Mt
500 for pipes and American ship to Malaga and homo
at a round sum- From Bangor to Caldera lumber char
ter gas made at S2s
| The Clearing House transactions were
Exchanges week ending July ~
Eaebansss ending July I9aSS ts
sssaes wsss s sSSiSs Ja SsTs
Total
The Gold Hill Mining Co. has declared another mum
dividend Of cent for sixty days payable lot August
next.