New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1858-06-10
COMMERCIAL MAITERH

WEDNESDAY, June 9-r.a.
There was some increase of outside orders for Stocks
to day. and the hor also buyers in tho mofsiog.
tough apparently willing to put out new cortraots
again at the reduced quotations.. The market WAS
falling ore throughout the day, and there seems to be
10 steady effective opposition to the bears, who arc
favored by various circumstances which tel foroibly
on declining market while they would have little OF
TO influence against rising The British q1esaoe
is Ct these the most important, keeping up as 1t does,
a great deal Of excitement and efectusly pro-
ventin. movements If any magnitude either
ss- speculation or isvss,r 9. Thsrs u Of
course but little difference of opinion a. to
the termination Of this controversy; but while petit
clans have it in their power to disturb public osa6
derce with bellserent speeches, there ID naturally
degree Of une.-iuss IN the subject which will no. be
dispecd until aayices Of pacific character reach Is
from EDg'aud. Ttere is in addition to this, great
deal of uncertainty to the earnings Of Western rail-
wsys fer the present year-upon which hinges the
question of dividends, ard recently have tho
disasters by flood ~ complete the catalogue Of ad-
verse items. These are FOR the time, sufficient 10
give selers for the fall pteponderatng inaassos.
and under their sccuuuating weight the market
sinks cay after day not precipitstely but grad
ually and without the temporary checks
hand we have tie broad fact of an excessive sbun-
dance OF money, which, though a. present without IL
usual ell. Ct upon the speculative feelings OF 0utsden,
is liable TO produce change for the better any day.
Pacific responses from England would in oil probsbiL
ty not only avert the downward Of the Market
but have corresponding itdgerco in the other dhec-
ton Under the circumstances, We may look for more
exciting times in the stock market during the month.
At The krst Bead there was considerable activity In N.
Y Central the transactions covering over 900 shares
the stock inaiy closing heavy at 81. Both this sAd
the Erie, which went to l6, have been prejudcisuy
effected 10 the market by the reported difficulty be-
tween the two roads in regard TO tbs crossing as
Batavia. We learn, however, officially, that the Eric
has Lothing to DO with the matter the difficulty being
in point Ct fact between the Buffalo and Corning Rail
road and the New-York Central Mr. Patchin, who Ia
managing the former road, has we understand.
reduced TIE fare to-day from Buffalo to New
York tskipg that method TO obtain redress Of
the Central. TIE sales Of Reading were not iuPor'
tant the stock declining to AZ, and closing stetdy
Gat Ia, patty sccount Of continued rumors, to The
effect that the Augus dividend wit be omitted, and
partly consequence Of heavy damages, said TO have
been ctcasiored by the aoed, was sold down "a Sij
ard sellers option wen. to 81. Tho busaeS Of thu
road as well as that Of Others a. the West has no
doubt sUffered in consequence OF the heavy rains and
lreshets but the statements are doubt, very much
exaggerated. Michigan Southern opened rs.tx
heavy at go, bat was in demand after TIE
first sales ard recovered nearly all Of tho de-
cline in closilg transactions. The Preferred
was du at II; ". Toledo ,oh freely Of 33I ct tho
start decline Of v cent, but was taken more stead
lily at the quotation before the Board adjourned Rock
Island declined Z with bit moderate transactions.
Milwaukee and Mississippi went to %, aud w1
heavy; accounts received today Represent continual
Interruption OF travel from dsmsges on connecting
roats Tie bridges recently carried away by ths food
bad been repaired but tie Rcok and Wisconsin RIVERS
are higher again from receUt rains and there Wa some
apprehension Of father trouble. The Gsens sId fond
du Lac Railroad trains dd not arrive TO connect on the
4th INST. Two bridges On the Ia Crosse Road bad
been carried away by the food. Pacific Nal Steam
.li, Compnny declined to -. sale Of 10 shares
Delaware and Uudson wss heavy ct %i. After the
IT,, Rod and al the CONNIE ncsmelt Of the Second
thea wa, sightly increseed disposition to buy
..oCL. Ard for the uomeb, TIE market gave promise
~ .noroyenept but heavy sales OF NewYofk Central
nv Jesdirg operator reversed the movement sgs;s,
sro resry every stock the share list which ciaaoa'
prou,.IeLoe in the way OF speculation ven;
down from TO y cent from morning qaots
tons, AID there was very heavy feeling
Throughout. Illinois Central wn pressed into
market. ard touched Ss in closing trsnssctoss.
deolins os 81 y cent. Michigan Central sold q 81
eeo;rs Of 1 y cent, ard Delaware ard Hrdsoa W.
aereJ .; 9ss The oily stvsrcs among the saars
set mites during tbs DAY. Of any conssqassos. ~
Ssossa Avenue Rsrosd. which wset W 10 ~ u ssise