New-York daily tribune., 1859-06-07
MnynLY. June 6-P. v


Time 10 be dullne aud beaviness. Nsr-fork Cen
tral is sn except, to the general tendency and with
,rsIsacions addng up 600 shares, advanced to '5i
under q scarcity OF cash stock. After the wants oil
the shorts sappi,.d the market receded 10 '@t
This stock s kept quite firm by street movement,
which creates a temporary difficulty in making d-l'v
eriea, and forces the bears 20 buy stock "i the
PARTIES bo nre holiipg il on, OF the market
The May receipts, We hear, un"fic'aly' show
q decrease upon May, 1853. Of Ss7,ooo, IN round
run bers. There is new f-u'ure 10 the n"go,ia-
tiou for an advance Of rates and the main obstacle
appears 70 b. the Erie Managers Ia Paclfc Mail
IN. transac ions were about 600 shares, the market
touching 6.i but reactipg 70 20. All negotiations
with Mr.. Vanderbilt are at an end, sud the Pachc
COMPANY il i understood content that such should
be the case. Meantime, the pubic gain by the low
rates of passage established, the Panama Roa by
the great bcrease emig grafton which pays them idll
rates TIE Panama Road has never done 40 large
md profitable traffic present. The stock cosef
a. jlgI bad. The Western Shares, without transae'
tous uf importance. we're much the same in quota
tons a. on Saturday. Reaiing wis very heavy
failing a. uuder small sales from 39i To 3Si. Il th'
Bond market there w.- nothing of Importance done
Parties are still selliog State Stocks short on the
theory Of a stringent money markrt hereafter
IT. Railroad b. nds the Transactions were limited Il
Crosse improved p c-nt, AM Freelsnd llnol, Gem
tra sold at 95 which j. better. lo the street, at-r
the Second Board the dullless @as very Marked and
there was DO change in pric-s: the cl"s'ug quota
iicns were: Missouri o. 81! asit, Virginia ts, 20!
96I; Canton Company, l9Gl9l; Cunoerl.ni Coal
COMPANY Preferred, ISalsi. Nsw-York Central
Railroad, 72i 673: Erie Railroad, 53a5i; Harlem
Railroad, lOdlol; Harlem Railroad. Pref-rred, 35i
$50; HuH-on River Railrosd, 81 d3isi Reading Rail-
r"ao, 3st a 80; Michig.D Central R,rosd, All az;
Michigan Souhern and Northern Indiana Railroad
9aqI; do Preferred 81 AL Panama Railrosd, ll9I
aI,9I; Illinois Central Railroad, SCI asa; Glens
and Chicago Railroad, Gis a6il; Clevelaod aud To-
ledo Railroad, 25l 626; Chicago and Rock Island
Railroad, So, e5sS Illinois Central bonds, 50 0Gs0ti
Pacific Msil Steau ship Company, 7od7o!.
In reign bills there is but little doing yet. The
exchange circles have been mainly occupied to-day
with the failure at Charleston. Sterling IL ilo Tor
bankers signatures, aud commercial bills are as
posed of with great difficulty. FraLcs are ID @olo.
Fr.igh,s-To Liverpool: 500 bales Cotton at l.;
100 ,cs Beef and 500 bbs Pork private terms; 30
bbls Bone Dust st Is. To London: 50 bbls. Bone
Dust and IL ca-k- ioof- private terms and 10 TINS
Seed -, is Cd To Gasgo. 100 bbls. Ro,in At p 81.
The shi, Monarch Of the Sea from 81. JOhas to Liy
eypool With Deal ut 59s
Thr business OF the Sub. Treasury was: Receipts,
$50 6s4 9s-fpr Customs $50 900; Payments, $751;.
$50 81; ,arce, A ,026 290 l6
The official stat smert of Bank averages exhibit,
very unexpected re.ult in the specie item which
shows a d,crease Of only 1891 800, instead of
Al, so o00, generally anticipated The receipts
hom the interior have probably been larger than esti
mated or perhaps some bank officers have counted
overdue Treasury Does ~ specie which, practically,
they nre. The fact il certainly remarkable that We
have sbpped $l3 50o 600 Of specie not Including
the last Saturdays sh,pm. Mt, within the past five
week, while the specie average Of the banks shows
only decrease of g. COG. 0j0 in the time. The
loans show a contraction ni oger - 100 000 much OF
which nas been the result Of rsdemptons of Treas
ury notes. TIE legitimate commercial contraction
ethuk, has beeu mod, rate Tho loans are now down
nearly 5000 600 irum the highest tolcned
February aud the contraction has scarcely been felt
in business circles. There has been calling 10
Of demand loans this week TO enable the banks %
take -hort paper, which pays better interest. The
Det deposits show decline Of nearly g. 600 000 and
they are nov $4,000 800 below the highest point
touched this year
The failure of Messrs. Fraser, Trenholm s Co. of
Chsrleston, very prominent commission house 10
the, city, announced to-day by telegraph. Tnsy
are largely interested 10 Cotton, and have branch
houses iu this city and Liverpool. Later 10 the day
dispatches received from Charleston stating
that the banks there had agreed 10 carry 500 900 cf
the bills of the house, aud protect the Cotton 10 Lv-
erpooi until the LIST Of November. This will enable
the house to 90 again. A Cotton failure also took
place in this city to-day, but the amount involved
rot important. The decline Of Cotton since the
war commenced has been such a. 10 eInbrras many
Of oar Cotton operators.
We learn that under the late assessments for taxa.
from about four hundrs millions to between six and
seven hundred millions This, under the present
ra;es of taxation, will produce large revenue. The
assessments prior this las, made seven years
ago. The increase has been much gieater than was
anticipated.
The officers Of the Minnesota Mining Company are
Informed by Telegram from their counsel in Detroit,
that the lopg-peud,ng Titus suit has Just been de-
eided by Judge Green in favor Of the Company
both upon the merits aud the question OF parties"
The Delaware and Hudson Canal Company ie.
cla-ed to day 4 seui-snnusl dividend of 81 p cent
pa! able the I'D inst Tie transfer books remain
closed til The morning of the ao,h.
The following are the earnings of the Milwaukee
ard Mississippi Railroad for Nay as compared with
tie same mouth laes year:
frei.h........................S Sft-5 81 sS5!la 3
fssserEes-......-...........-. 1881 II S'ti9 p
ns-s.''....................... lsSo - LIS 20
To;A!.....................ssi,7o ,7ot - sosT57 g.
n ~