New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-06-20
FRIDAY, June l9-P. NJ.

FRIDAY, June l9-P. NJ.
There was an active Stock market to-day, but prices
still tend downward with few exceptions The bears
continue to sell with freedom. The principal sup
porter of the market is an operator who is usually
found upon the opposite side. 1t is anomaly OF the
present condition of the street that while cash stock
is very scarce more especially Erie Reading, South
ern Michigan and New-York Central the market still
declines day by day. Any Of these stocks can be lent
without interest and for Erie and Central y cent
has been paid for day. Sellers however, are freely
found at an unusual difference thrty.aud sixty day
options The nducement to short sales appears to be
the falling off Of receipts railroads, and the
impendency of stringent money market, under the
large specie drain. Erie opened 80 and under sales
of 5000 shares fell off to 3Ol, decline of Z cent.
Reading was also heavy, and closed at H. after selling
at ~. Central rather steady, closing at S2i S2t.
Western shares were heavy. Michigan Southern sold
down TO IS. The new administration does appear to
have inspired the public with renewed confidence, and
it apparent that change is yet necessary before
this stock take its just position in the pubec esti-
nation. The most marked decline was in La Crosse,
which was offered between the Boards as low as %.
At the Second Board it sold at g. and after Is was
bid. There was an idle rumOr in the street
that the Company had sold 1900 shares of stock to
raise the funds for the payment Of the dividend, but
we have official authority for stating that the rupor is
entirely groundess. The dividend just declared was
made from the earnings, and the President assures us
that the Company is without floating debt. Illinois
Central sold in the morning at 1873, but improved to
1884, At the close the market dull, and stocks
generally offered below the registered price.
TIE Exchange market hes been inactive for the
present packet and for sterling the rates show de-
cline of about b cent. The market is nominaly 81
d93 T. cent but it is difficult to sell leading bills at 81
y cent. Francs are unchanged at 5.lSl d5.l64.
Freights are still dull and nominal The engage
ments to Liverpool are 300 bbs of Flour at 3D. Cot
ton at 81. Y bale; 500 bbs. Tar at Is To London
or Glasgow we did not learn of any engagements.
To Bremen 800 bbls Shoe Pegs at Is. Cd 500 bbls.
Rosin at L. 3D.; 100 bbs. Oil at &c. The schooner
Ann Chase, of 156 tuns, chartered for six
months voyage in the Gulf trade at 500 per month
The business of the Sub-Tressury was: Receipts,
$4O 29s a. payments, $50 O32 $4,000 California
drafts; balance, sll,6lS,75S 70.
We annex a comparative statement Of the Imports
of Foreign Dry Goods at New-York for the week, and
since Jan. L.
!, W {; 4 ssss . 1885 $751; 1sss;
E:.:s.s I" i: rar . asss . 1872;
T TEtSsS on Ins 3lss s6sSs ss66
The Broadway Bank has declared semannual div
idend of y cent, payable lst of July The increased
capital of this Bank is payable on that day.
telegraph dispatch from from Cincinnati expresses
doubt of the payment of the Ohio State interest on
the LIST prox We have the beet authority for
stating that the interest viii be punctually met the
funds being already deposited here for the payment.
The business of the Clearing House was s2 6io OOO
We hear of about 81 500 600 Of gold ordered for the
4
$3.50 600; Duncan, Sherman & Co., s55OOO; Van
Hoffman & Co.. .lOo, OoO Stuart, $1,000 900; Hoag,
$50, 600; Schuchardt & Gerhard $sO,OOO, &c. The
shipment of the two weeks promises to reach six and
half millions
The money market is without important change,
but the activity has increased and there less dispo
ston shown ON the part of the banks to extend their
loans Bankers are calling in their loans to provide
means for specie shipments. The in the market Is
much assisted by the Accommodations here for the pay
ment of the July dividends. Business paper oil hr't-
class is still scarce and passes at 7Qs e cent.
The Farmers and Mechanics Bank of Albany mas
declared semi-anIua dividend of FIVE y cent pay
able July /.
The receipts of the Morris Canal Company for the
season were as follows:
W vS.s to SS JgS In is57 !. 1851 *
Total 70 June o. i65I.....................st o5est
Week endiL JAKE IS, Sis :" so m, -
To;al IL -
The American Exchange Bank will pay, on the Isl
pox., 100000 OF the principal of the debt OF the
State of Illinois.
Al the meeting ol the stockholders of the ierre
Haute Alton and ST. Louis Railroad, held recently,
the following Directors elected; Thomas Allen,
ST. Louis; Samuel WADE, Alton; Charles Cruft, IeHe
Haute Hiram Sanford, Paris, H.; Thomas A Mar
shall, Charleston H.; s. W. MoultOn, Sneoyvlie,
H.; p. c. Higgins, Bunker Hill, H.; CALVIN +. How,
Lchfed, III Edwin G. Litchfeld, New-forki Jno.
Striker, Rome; Robert Christie jr, New-f YORK D.
b. s.. John, Newburgh James Barnes, Springfield
Mass. Thomas Allen, ESQ.,, of ST. Louis, wa, elected
President L. Il. Sargent Is Superintendent MI Al
zen is well known in ST. LOUIS and is gentleman oil
high character and position. NJ. Sargent has long
been known a railroad superintendent. and Is popu-
lar with all who know him. Under the management
Of these gentleuen the road, with tie increased earn
ings will soon show that il destined 10 become one
Of the lesdpg lines Of the West.
The esrrngs Of the Road for the year ending hafth