New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1859-06-23
GONNERCXAL MATI,ERS.

Tie Stock ina ket was dull again to-day, with some
irregularity in prices, although upon the whole there
was greater steaduess than expected from the
business which marked the dealings yesterday The
strongest demonstrations of the day were against
Michigan Central ana Michigan Southern guaranteed
the former selling down to 39t on sellers option,
while the regular stock was done st iOi, and the
latter declining % in the morning, and to 2S in the
afternoon The bears anticipate an unfavotable re-
port at the annual meeting of the Michigan Central
during the week and are discounting the mlrket on
the strength of it. No official statement has been
made public a. yet, but the figures will probably
show very small surplus only for the year, over ex-
penses interest and sinking fund This result is
partly attributable TO the recent railway fight and
partly TO the severe competition OF the Detroit ami
Milwaukee Road. Both this road and the
Southern have had to contend with two new
parallel lines during portion of the year
and at period when business has been greatly dinin
ished from other causes. The movement in New-Nork
Central was not important but the stock had steady
weLsus aimed market during the day, selling up to
73I on the first call though slightly lower at the close
Reading was firm at i2i under the continued support
of the Philadelphia clique, but attracts very little at
tention from Wall street spectators. Gaena and
Rock leland were steady and the latter advanced to
So at the Second Board, but the transactions ineach
stock were unusually small. There was rather more
doing in State Stocks during the day aud prices were
rather better At the Second Board the business was
very light, and the changes from the morning
prices unimportant. Panama sold at III, ex
T. cent dividend an advance of ! & cent.
Later in the day the market frmer
generally, but very dull. The prospects are that We
shall have uncommonly languid stock market dur
ing the Summer months, outsiders showing no dspo
sition a. yet 10 invest in railway stocks, notwlth-
standing the proximity and favorable prospects OF the
new crop In due time, under healthy and very nee
e.saIy reforms in the management, and with more
prosperous business, railways which have intrinsic
merit will take their position in the list of stock in
veslments, but the process OF wnnowlng on. and pu
rifcaton must be fairly perfected before public conf
deuce can be restored These facts unpleasant
perhaps to spectators who have uncomfortable back
loads Of stock TO Ing through the warm weather, bu,
are too apsble to be excluded in fair consideration
Of the stock market. The closing prices were For
Missouri is, S6s 1851; Virginia s. 97a@ Canton
Co., l9dl5i, Delaware and Hudson Canal Co.. 81 a
9ll; Cumberland Coal Co.. l7al7Ii New York Cen
trail Railroad, 733 a73l; Erie Railroad 6.a6i; Har-
lem Railroad, l0alO!i Harlem Preferred, ISL Q3jli
Hudson River Railroad, 81 83l,i Reading Ralrosd
AZ i23i Michigan Central Railroad, 39i aiOi Mich.
gau Southern and Northern Indiana Railroad, 81 az;
do. Preferred, 2sa28l; Panama Railroad, ll6i9
Illinois Central Railroad, $50 aJ9l Galena and Chi
cago Railroad, 63l e63l Cleveland AMI Toledo Rail-
road, 2J! a2ji; Chicago and Rock Island Railroad,
ISL e5st Illinois Central IS, 81 GS3s Pacific Mall
Steamship Co., 68aGSl.
The Exchange market is dull but steady. The
present packet has not been a large Sterling is
lCs 1921 for commercial signatures, ITO llO4 for
banks ard bankers. Francs are 5.l5a5lO.
Freights to Liverpool, 800 bales Cotton at 3D.;
3C0 boxes Cheese per steamer at 25s. 100 ties. Beef
at 3d. 30 bbls. Spirits at 3d.. 200 tuns Logwood at
H. To London 100 bbls. Spirits at IS. To Glasgow,
lOOO0 HID Slaves at Cos.
The business Of the Sub-Treasury was: Receipts,
1881 lJ6 Sj-for Treasury Notes, s'9 lO0 for Gus
toms, sl26t0Oi Payments, sl,Ol5,ssj 3d. Balance,
1867 ,26i Il.
The Africa took only SOL ,O0Oin specie, which Is less
than was generally anticio ated The Saturday ship
ment it j. thought, Will be rather greater. Our banks
are low receiving specie from Boston and Phila
delphia, as well a. from the West, and we hear OF
some 500 0GO ordered paid into the subTreasures OF
those cities on account of New-Y0rk takers Of the
new Treasury Notes, which viii reduce 80 much the
amount 10 b. drawn from our banks.
The following are the earnings Of the Chicago, Bur
lin gton ard Quincy Railroad, iorthe two weeks ending
June lj
20
Iuerea.4........................ Sssl9ss
The receipts of the Morris Canal have been
Tots 70 June II, l259............S $3.50 - ....
Week ending June IL, I,AJ5 t[-r>5rlS, -