New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1857-01-21

TrEsnAY. June 2O-P. ".

TUESDAY, June 2O-P. ".
The Stock Board was active and buoysnt to-day,
and the feeling continued strong up to the close, with
few exceptions. Sellers options were not pressed on
the market and there free bidding for buyers OPP
tons. At the second Board, however, one operator
put out 900 shares Reading at SO, seller ninety days.
The market closed regular at 49,. Erie was steady
at the ciose but not active at 62i. Central shows
great fruness, selling at "a. Both Cumberland and
Canton have taken a start recently Canton sold
to-day az high as pa. The purchases are to
considerable extent on Baltimore account. II is
supposed that the regular payment Of dividends
will hereafter be sustained. The gradual absorption of
the stock Of the Cumberland Company on the market
has been going on for sou etme past by parties VINO
feelconfdence in ts intrinsic value and the quantity of
stock now offering if moderate. Within few days
has advanced from II to 2lI at which closed. The
Western stocks were fairly active. Rock Island was
buoyant, and sold at Oh an advance OF per cent.
Galena closed at 1864 dividend off, Much dissatsfac-
ton was produced in the street by the unexpected
closing to-day of the transfer books Of this stock,
at the Agency in this city, without previous
notice. 1t had been supposed that the closing day
was the 25th az advertised for the Chicago banks.
The consequence lie that parties who intended to de-
liver Galena between this and the 18th are now
obliged to carry it TIL the opening hgan South
ern opened at SSi 1891, and sold at the second
Board at s. seller 10 days. The delay in the an
nouncement of the dividend upOn this road has
kept it violently fuctuating for several days past.
II 10 well known that the Southern Mlshigsn Com
pany have been, during the past year, building
the road from Monroe to Detroit, which connec-
ton it was considered the imperative policy of
the Road to make and have been using the earnings of
the road for that purpose. The stockholders, at the
general meeting in April last directed the building othis
road. Before declaring a dividend 1t was OF course
necessary to reimburse these earnings to the Company
BY the sale Of the securities OF the Detroit and Toledo
Railroad and the directors Of the Michigan Southern
have, we understand, succeeded III negotiating be-
tween three and four hundred thousand dollars Of the
first mortgage bonds Of the Detroit and Toledo Road,
and will now no doubt, be at once able to de-
clare the usual e cent sem-annual divi-
dend in cash. They also, understand, propose
TO offer to the stockholders Of the Michigan Southern
COMPANY the remainder of the Bonds of the DetrOi,
Road at par giving with each bond bonus Of $3.50 of
stock in the Detroit Road. The bonds bear ? cent
interest and the stock s q cent both guaranteed by
the Michigan Southern Company. The Detroit Road,
which is now in operation to its junction with the
Southern Road it s confidently anticipated will largely
increase the Guinness Of the latter by giving II con-
necton with the Canada Great Western and the New
York Central, VA Suspension Bridge Cleveland and
Toledo was strong and sold after the Second Board at
~. Pittsburgh, j6I &c. In Railroad Bonds there is
not much doing hut the market is firm. State Stocks
are buoyant ami Virginias advanced TO 93, Indiana
5s TO So, &c.
There was more activity and irmness in Exchange
at the close in consequence of the nOnavsl of the
New-Orleans mails, which contain large amount of
bills. demand ALEC sprang mp on Geographic orders
from Boston, from parties who intended TO send bills
from there but disappointed by the blocking up
of the railroads. The failure Of the New-Oreans mails
forced parties who depended upon bills coming forward
10 purchase here. Sterling is SdSic-the same quo
tstiou a. for the last Wednesday steamer. Francs,
5.25G520.
Rates Of freight are irmer. To Liverpool engage
ments were made Of 600 bbls. Flour at Is. 3D. 10000
to 50 GOO bush Grain at 7Id. fer Corn, in bulk 800
bales Cotton at 3D.. $50 boxes Bacon at 25s.; 200
bbls. and tcs Lard at 25s. To London, 1000 bbls.
Flour at Is load ST.. 100 boxes Bacon and % bales
do. at 30s.
The business If the Sub Treasury was: sceipts,
1924 eco 81; payments, $50 92 O9; balance, 49, lO4
PSI 90.
The Com Exchange Bank has declared semi-an-
nual dividend Of T. cent, payable on the ist OF Feb
ruaIy.
The Coupons on the first mortgage bonds of the
Toledo and Illinois, aud Lake Erie, Wabash and st.
Louis Railroads maturing the lst of Februay, viii
be paid on tn day at the banking house of Mssrs.
Whtehouse Son & Morrison, No. "a William street
Tie business of the Norwich and Worcester Rail
road for December shows fair increase on December
of 1855:
December. lS5t......... %oiIs OF
Dege
Increase. .....-.... ............'. l%s< .
Mr.. NJ. A. Wbeelock was elected to-day First Vice
President Of the Board of Brokers' No selection Of
Second Nice-Presdent was made.
The capital of the Hanover Fire Insurance Company
has been increased $4,000 and is nov 800 900 fully
paid up in cash.
Adrian II. Muller will hold his regular sale Of stock,
tomorrow "Wednesday, at II. O'Clock, at the Mer
chants Exchange.
The business at the Clearing House to-day was very
small-only ga ga, eco.
The failure Of the mails from the interior has
checked business materially in the street; and II some
cases by the failure Of remittance. come embarrass
mont has been caused. There Is no material change
in Money-the supply on call being ample for Stock
purposes. In psper there Is change to note The
"a