New-York daily tribune. [volume] (New-York [N.Y.]) 1842-1866, 1860-06-07
WEDNESDAY, June 6-P. NJ.

WEDNESDAY, June O-P NJ
The Stock market opened this morning with cheer
full feeling and continued strong during the day. prov
ing the truhfupess of remark, that the decline oil
Yesterday one Of those nexphcable spasms which
are not infequent in the speculative Stock market
The improved feeling to-day was partly the result OF
the prompt Genial Of the truth of yesterdays rumors,
that the harmony at present existing between the
trunk lines was about TO be broken up. dispatch
from Mr.. Corning TO prominent house IN the street
states tnat the four lines were better terms
with each other portion of the Improvement IN the
syket was due to the increased orders from oatsde
eeulaors brought in by the lower prices of yester-
DIV. Between the Boards the market was strong.
Al the second session, with very moderate business,
de quotations improved lall 2 cent. The smallhess
of the transactions due, however more TO the
sck of stock Offering than to the Indifference of buyers
Central was firm during the day, the increase in the
Nav traffic made public this morning being very salts
factory Ii opened at S2l and closed at S2l bid Pacific
Mail continues TO advance and sold as high as "a on
buye,s' option. The over-ssue now stands At about
500 shares but there's yet considerable stock standing
tie ledger tie dividends upon which have not yet been
called for. The Company are very DESTROYS that all
holders of certificates should present them at once for
registry and dividend. Panama was in fair demand,
River was quiet but very strong and closed with none
offered below 10. In Erie there was an unusually large
BUSINESS and this stock was an exception to the up
ward tendency of the market 1t fell off from the
openine y cent, but afterward recovered ! p cent
COZ siderable line of shorts has been put out within
dav or two in tits stock which would indicate that the
reorganization scheme is not progressing satisfac-
,orily. In the Western shares, the market without
atf he There
are no registered transactions in the Michigan Southern
issues, but the bidding showed Improvement of y
cent Michigan Central closed at 50 bid, against 52l
Yesterday Galena sold at g. and Rock leland at 79i.
Toledo was steady at 29 In the Bond market prices
with the exception perhaps, Of the Erie issues, are
frm sale of $25 900 Government 5s, 1874, coupons,
was made at l041 and private sales afterward at
The same rate The registered are held at 1921 ex in
erest State Stocks are firm and in fair demand. A
snail lot of Missouri 6s sold at S4. The business in
Railroad Bonds was large, but prices were steady
Michigan Southern Second Mortgages improved
TO as. These Bonds have been improving re-
Gently. upon the confidence felt that the road
will earn, during the present year, consider
ably more than enough 10 pay the interest
On the entire debt AID the Sinking Funds and that
under the present able and economical management,
The floating debt will be arranged, the Company freed
from its embarrassment, and the regular payment OF
interest on its debt resumed, with surplus applicable
To the dividend upon the Preferred Stock. The esti-
mated earnings Of the year are 81 25, OOO which will
l. sufficient for the above result At the close, the
market was very strong at the following quotations:
Virginia 6s 49, d93S; Missouri &c, 49, ISL; Caution
Company 201 02l Cumberland Coal, l3l a IA; Pacific
Mail 1904; New-York Central Railroad, 824 1922;
Erie Railroad 19s al9I; Hudson River Railroad, 49,
a39; Harlem Railroad, l2l al3; Harlem Preferred,
59i eiO; Reading Railroad All 04li; Michigan Cen
Isl Railroad 53a53l; Michigan Southern and North
EN- Indiana Railroad l2s al2a; do. Guaranteed, 2il
e2i2; Panama Railroad, 1916 Obs; Illinois Central
Railroad e33064; Galena and Chicago Railroad, 81
a6n; Cleveland and Toledo Railroad, 29s 02o5;
Chicago and Rock Island Railroad, 69l 0695;
Chicago, Burlington and Quincy Railroad, 75i 075l;
Illinois Central 7s 9OI a9Oa.
The steamer being gone, there is nothing doing in
he foreign bill market and rates closed with down
ward tendency.
Freights-To Liverpool, 500 bbls Rosin, at Is. 3D..
| 100 bales Cotton at 3D.; 1000 boxes Cheese
steamer. at 5Os 10 tuns Oil, at 24s.; 100 boxes of
Bacon. at u.s. 6d 5000 bbls. Flour, at Is 3d.; $1,000
lush of Wheat and 81 900 bush Corn, in bags at ID
To London, 500 bbls. Rosn at 2s 3D., $50 b.. l7O
t,. Beef, at 5s. 3d.; 100 boxes Bacon, at 25s. To
glasgow 10 tuns Oil, at 30s.; 1000 bbs. Flour, at
q. 3D. To Bremen, 300 bales Cotton, at ID; 800
Rosin at Is cd. vessel Of 200 tuns burthen, from
brandy wine TO Windward, on private terms.
The following is the business of the Sub-Treasury;
IRetepts Si3l 1888 S6-for Customs, 100000; Pay
Iteu,s, sI32 6Si 90; Balance, Sc, 635, SO9, II.
n Annexed are the details of the earnings Of the Ga
Ina and Chicago Union Railroad for the month OF
lay; ,o ,seo